November 02, 2020 – The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading… Continue reading @Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells
Category: OEMs
@Hyundai: October 2020 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : October 2020 Sales Results (Tentative) 1. Sales Results: *Monthly sales Category (units) October 2020 September 2020 MoM % Change October 2019 YoY % Change Sales Unit Domestic 65,669 67,080 -2.1 64,912 1.2 Overseas 320,278 294,631 8.7… Continue reading @Hyundai: October 2020 Sales Results
@Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
TOKYO, Oct 30, 2020 – (JCN Newswire) – Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow. Background Since KDDI’s founding in October 2000 through the merger of Daini Denden Inc.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
@GM: GM Names Paul Jacobson Executive Vice President and CFO October 30, 2020
Former Delta Air Lines, Inc. CFO will help GM rapidly build scale in vehicle electrification and autonomous technologies DETROIT, Oct. 30, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today that Paul Jacobson has joined the company as executive vice president and chief financial officer, effective Dec. 1. He will report to GM Chairman and… Continue reading @GM: GM Names Paul Jacobson Executive Vice President and CFO October 30, 2020
@VW Group: Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlook
After the pandemic-related slump in the first half of the year, business performance at the Volkswagen Passenger Cars brand recovered noticeably in the period from July to September. With 1.5 million vehicles delivered worldwide, the core brand of the Volkswagen Group delivered almost as many vehicles to customers in the third quarter of 2020 as… Continue reading @VW Group: Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlook
@VW Group: ŠKODA AUTO achieves operating profit of 469 million euros in first three quarters of 2020
ŠKODA AUTO gained considerable momentum in the third quarter following the heavy burden on the company’s deliveries and financial figures in the first half of the year due to the extensive restrictions imposed worldwide to contain the first wave of the COVID-19 pandemic. ŠKODA AUTO was able to deliver 295,200 vehicles to customers thanks to… Continue reading @VW Group: ŠKODA AUTO achieves operating profit of 469 million euros in first three quarters of 2020
@VW Group: Success in uncertain times: 10.4 percent return on sales
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Success in uncertain times: 10.4 percent return on sales
@VW Group: On track: Audi Group achieves breakeven thanks to strong third quarter
A noticeable recovery in the markets and a stabilization of business operations: After a very challenging first half of the year against the backdrop of the corona pandemic, the Audi Group is now catching up operationally and financially. Deliveries and revenue in the third quarter were both higher than in the prior-year period and operating… Continue reading @VW Group: On track: Audi Group achieves breakeven thanks to strong third quarter
@Mazda: Mazda North American Operations Names Takeshi Nishiki Chief Financial Officer
IRVINE, Calif., Oct. 30, 2020 /PRNewswire/ — Mazda North American Operations (MNAO) today announced the immediate appointment of Takeshi Nishiki as Chief Financial Officer. In this role, Nishiki will be tasked with maximizing Mazda’s financial resources to create a more nimble and profitable organization for the future. His efforts will focus on advancing Mazda’s financial… Continue reading @Mazda: Mazda North American Operations Names Takeshi Nishiki Chief Financial Officer
@Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation
Toyota Motor Corporation (Head Office: Toyota City, Aichi Prefecture; President: Akio Toyoda; hereinafter, “Toyota”) and KDDI Corporation (Head Office: Chiyoda-ku, Tokyo; President: Makoto Takahashi; hereinafter, “KDDI”) have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement are as follows.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation