OEMs – Page 4717 – I wish I had more to offer

Aston Martin Could Have Sold 6 Times More Valkyries, According To CEO – HotCars

Aston Martin could have sold six times as many Valkyries as the 150 they’ve already planned. It’s tough making a hypercar. On the one hand, you want to make as much money as possible, which for cars usually means making and selling as many vehicles as you can. But in the world of hypercars, the… Continue reading Aston Martin Could Have Sold 6 Times More Valkyries, According To CEO – HotCars

Tesla Q2 2019 Vehicle Production & Deliveries

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Tesla Q2 2019 Vehicle Production & Deliveries

Jul 02,2019

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Tesla Q2 2019 Vehicle Production & Deliveries

PALO ALTO, Calif., July 02, 2019 (GLOBE NEWSWIRE) — In the second quarter, we achieved record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles. In addition, we made significant progress streamlining our global logistics and delivery operations at higher volumes, enabling cost efficiencies and improvements to our working capital position.

Orders generated during the quarter exceeded our deliveries, thus we are entering Q3 with an increase in our order backlog. We believe we are well positioned to continue growing total production and deliveries in Q3.

Customer vehicles in transit at the end of the quarter were over 7,400. Due to the order-to-VIN matching process we described in our Q1 2019 Shareholder Letter, which we extended to Model S and Model X in Q2 to improve process efficiency, this metric has become less relevant. As a result, we do not plan to disclose the customer vehicles in transit metric going forward.

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Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. We count a produced but undelivered vehicle to be in transit if the related customer has placed an order or paid the full purchase price for such vehicle. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

Forward-Looking Statements

Certain statements herein, including statements regarding expected future vehicle deliveries and production, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.

Source: Tesla, Inc.

Toyota Reveals Its Star Attractions at the 2019 Goodwood Festival of Speed

Jun. 28, 2019

Toyota Reveals Its Star Attractions at the 2019 Goodwood Festival of Speed

“We have to stay on the ball permanently”

Original Article

Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework for Safe Automated Driving Systems.

DATELINE – Emphasizing safety by design, 11 industry leaders across the automotive and automated driving technology spectrum today published “Safety First for Automated Driving,” (SaFAD), a non-binding organized framework for the development, testing and validation of safe automated passenger vehicles. These 11 leaders — Aptiv, Audi, Baidu, BMW, Continental, Daimler, FCA US LLC, HERE, Infineon,… Continue reading Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework for Safe Automated Driving Systems.

Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework

“Safety First for Automated Driving” (SaFAD) white paper emphasizes the importance of safety by design for automated vehicles. Emphasizing safety by design, 11 industry leaders across the automotive and automated driving technology spectrum today published “Safety First for Automated Driving,” (SaFAD), a non-binding organized framework for the development, testing and validation of safe automated passenger… Continue reading Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework

Forty start-ups compete in the final phase of Start4big

Start4big, Europe’s first cross-sector open innovation initiative promoted by Aigües de Barcelona, CaixaBank, Naturgy, SEAT and Telefónica, is entering the final phase of its first edition. The 40 finalists have now been selected after they submitted innovative solutions during the Pitch Days to a panel of expert judges who work for the businesses that make… Continue reading Forty start-ups compete in the final phase of Start4big

CUPRA breaks ground on new headquarters for 2020

After consolidating its organisational structure with the appointment of its management team and increasing its staff by 50%, CUPRA has started building its new headquarters, as announced by company CEO Wayne Griffiths in front of the brand’s dealers after the second stop of the SEAT & CUPRA on Tour tour in Liverpool. Located next to… Continue reading CUPRA breaks ground on new headquarters for 2020

Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework for Safe Automated Driving Systems

“Safety First for Automated Driving” (SaFAD) white paper emphasizes the importance of safety by design for automated vehicles Emphasizing safety by design, 11 industry leaders across the automotive and automated driving technology spectrum today published “Safety First for Automated Driving,” (SaFAD), a non-binding organized framework for the development, testing and validation of safe automated passenger… Continue reading Automotive and Mobility Industry Leaders Publish First-of-its-Kind Framework for Safe Automated Driving Systems

AVTOVAZ and the Skolkovo Foundation are developing partnership

Granta

Granta sedanGranta liftbackGranta hatchbackGranta SWGranta Cross

Vesta

Vesta sedanVesta CrossVesta SWVesta SW CrossVesta CNGVesta Sport

XRAY

XRAYXRAY Cross

Largus

Largus UniversalLargus Universal CNGLargus CrossLargus Cross CNGLargus wagonLargus Wagon CNG

4×4

4×4 3 door4x4 Urban4x4 5 door4x4 Urban 5 door4x4 BRONTO

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21.06.19
AVTOVAZ and the Skolkovo Foundation are developing partnership

21st of June 2019, JSC ''AVTOVAZ'' and the ''Skolkovo'' Foundation have signed a Memorandum of Understanding, aimed at the future cooperation and exchange of the experience in the field of innovative startups, relevant competencies and resources to promote the development of innovative solutions. The document provides for researching of the opportunity to open a Partner center of AVTOVAZ in the ''Skolkovo''.
The MoU was signed by Selcuk Cura, AVTOVAZ Executive Vice President for Engineering, and Mikhail Tykuchinsky, the Director for Development of the Energy Efficiency Cluster of the Skolkovo Foundation. The event was attended by Nicolas Maure, Senior Vice President, Chairman of the Eurasia region of Groupe Renault and AVTOVAZ BoD Chairman, and Yves Caracatzanis, AVTOVAZ President and CEO.
Nicolas Maure: ''Our cooperation is aimed at mutually beneficial effect between initiatives and innovations of the Skolkovo Foundation and the experience and competences of AVTOVAZ and Renault Engineering teams. I am sure that the results of this synergy will be effective and will have a positive impact on our customers, the technology of the LADA and the Renault cars, and develop our engineering teams in Russia.''
Mikhail Tykuchinsky: ''We have more than 400 technologies which can be used by AVTOVAZ in its both product and manufacturing scopes. We hope that the cooperation with Russian small innovative businesses and conclusion of partnerships with them will allow AVTOVAZ to make a qualitative leap in the production localization''.
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