Category: OEMs

@niche: Failure To Launch: Workhorse Group Ousts CEO As Production Delays Escalate001101

Quarter after quarter of missed production targets finally caught up with Workhorse Group CEO Duane Hughes, ousted Thursday at the electric delivery van maker and replaced by auto industry veteran Rick Dauch. Workhorse (NASDAQ: WKHS) has produced very few composite body electric vans in each of the past few quarters. Supply chain disruptions are the… Continue reading @niche: Failure To Launch: Workhorse Group Ousts CEO As Production Delays Escalate001101

@VW Group: Strong first half of the year: ŠKODA AUTO significantly increases operating profit and revenue003596

Thomas Schäfer, ŠKODA AUTO CEO, says: “We can look back on a strong first half-year. Despite the semiconductor shortages and the impact of the pandemic, we even managed to improve on the results of the pre-pandemic year 2019. I would like to congratulate the entire ŠKODA team on this great performance! This has given us… Continue reading @VW Group: Strong first half of the year: ŠKODA AUTO significantly increases operating profit and revenue003596

@Nissan: 2021/07/30 Nissan issues Sustainability Report 2021 Nissan Motor Co., L…000412

2021/07/30 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today issued its Sustainability Report 2021. The report, issued annually, summarizes the company’s approach and activities related to sustainability. Sustainability Report 2021 provides detailed information relating to the following areas: environment, traffic safety, diversity and inclusion, quality, supply chain, employees, community engagement, and corporate governance and compliance.… Continue reading @Nissan: 2021/07/30 Nissan issues Sustainability Report 2021 Nissan Motor Co., L…000412

@Nissan: Nissan issues Sustainability Report 2021000412

July 30, 2021 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today issued its Sustainability Report 2021. The report, issued annually, summarizes the company’s approach and activities related to sustainability. Sustainability Report 2021 provides detailed information relating to the following areas: environment, traffic safety, diversity and inclusion, quality, supply chain, employees, community engagement, and corporate governance… Continue reading @Nissan: Nissan issues Sustainability Report 2021000412

@Daimler: Increase in online counterfeit products: Daimler is fighting the trade in fake replacement parts

Over 1.7 million counterfeit Daimler products confiscated in 2020. The online trade in fake parts has greatly increased owing to the pandemic. Low prices and dubious sources are often indicators of counterfeiting Stuttgart – Counterfeit products are not only illegal, they also endanger the health and safety of car drivers and other road users. This… Continue reading @Daimler: Increase in online counterfeit products: Daimler is fighting the trade in fake replacement parts

@VW Group: Inner Life – the interior of the future003591

To shape the future, Porsche designers cross boundaries. They take the best from traditions and origins – the brand essence, the values that have made the company successful. At the same time, they boldly add something new. To do so, they study people and their habits in general and Porsche drivers in particular. “In the… Continue reading @VW Group: Inner Life – the interior of the future003591

@VW Group: Q4 e-tron series adds new all-wheel-drive model: Q4 45 e-tron quattro now available to preorder003588

The Audi Q4 e-tron and Q4 Sportback e-tron are the first compact electric SUVs from the brand with the four rings. Following their launch in April, two new versions have been added to the range – the Q4 Sportback 40 e-tron, the model with the longest range in the series, and an all-wheel-drive version, the… Continue reading @VW Group: Q4 e-tron series adds new all-wheel-drive model: Q4 45 e-tron quattro now available to preorder003588

@Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143

Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading @Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143

@Daimler: “Lead in Electric”: Mercedes-Benz at the IAA MOBILITY 2021

Premiere for five fully electric models Stuttgart/Munich.  At the IAA MOBILITY in Munich from 7 to 12 September, Mercedes-Benz is showcasing the full breadth of its current and future electric mobility line-up – from compact models to performance luxury saloon to multi-purpose vehicles (MPVs). The premium carmaker will use this show of strength across all… Continue reading @Daimler: “Lead in Electric”: Mercedes-Benz at the IAA MOBILITY 2021