January 2019 January 2018 % Change Nissan Group Total Sales (units) 7,967 8,836 – 9.8 % Nissan Division sales 7,294 8,017 – 9.0 % INFINITI sales* 673 819 – 17.8 % Mississauga, Ont. – Today, the Nissan Group announced total Canadian sales of 7,967 units for January 2019, a decrease of 9.8 per cent year-over-year.… Continue reading Nissan: Nissan Group reports January 2019 Canadian sales
Category: OEMs
Nissan: Alliance members achieve combined sales of 10.76 millions units in 2018
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Tesla Releases Fourth Quarter and Full Year 2018 Financial Results
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Tesla Releases Fourth Quarter and Full Year 2018 Financial Results
Jan 30,2019
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Tesla Releases Fourth Quarter and Full Year 2018 Financial Results
PALO ALTO, Calif., Jan. 30, 2019 (GLOBE NEWSWIRE) — Tesla has released its financial results for the fourth quarter and full year ended December 31, 2018, by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the results and outlook.
The webcast will be archived on the company’s website following the call.
Source: Tesla, Inc.
Manfred Bräunl appointed as new CEO of Porsche in Middle East
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. The official website of Porsche AG can be reached at www.porsche.com © 2019 Dr. Ing. h.c. F. Porsche AG.*The data presented here was recorded using the Euro 5 test procedure (715/2007/EC, 692/2008/EC, 566/2011/EC and ECE-R 101) and the NEDC (New… Continue reading Manfred Bräunl appointed as new CEO of Porsche in Middle East
InMotion backs Urgent.ly alongside a number of premium automotive brands
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Mazda Motor Europe announces new global and European appointments
Mazda Motor Europe (MME) today announced that Colin Maddocks, currently Chief Financial Officer at MME, will take on the newly appointed role of Vice President and Chief Sales Finance Officer for Europe and North America with immediate effect. In his new role, Colin will have responsibility for leading the development and implementation of Mazda’s strategy… Continue reading Mazda Motor Europe announces new global and European appointments
Volkswagen USA CEO Talks Dieselgate, Tesla, & China
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Cars Published on February 2nd, 2019 | by Guest Contributor
Volkswagen USA CEO Talks Dieselgate, Tesla, & ChinaTwitterLinkedInFacebookFebruary 2nd, 2019 by Guest Contributor
Originally published on X Auto.
By Ian Pavelko
Volkswagen has a history of sending mixed messages when it comes to EV strategy, competition from Tesla, and the company’s murky ties to diesel. Motor Trend recently sat down with Volkswagen of America CEO Scott Keogh to get his feedback on a number of issues facing the automaker.
Keogh calls Dieselgate “the ultimate betrayal.” He admits, “we made VW un-matter to people. When companies get into crisis mode, they climb into a bunker, and they lose their mojo.” In response, Keogh says VW recently changed its advertising agency.
Moving forward, Keogh says, “We’re going to operate as a company that matters and is ethical, and we’re moving into EVs, and hopefully we’ll get that redemption. Our German uniqueness and quirkiness, depending on its application, is 100 percent good and necessary because it’s a distinguishing factor.”
When asked, specifically, about VW’s electrification strategy, Keogh remarks, “We are arriving with a proper VW at a VW price, at a time when market sentiment and reaction and consumer sentiment is building.” Nevertheless, as head of North America for Volkswagen, Keogh sees the real opportunity for electric cars in China.
“There is no debate China will be the explosive EV market. And they need a lot of EVs due to congestion, smog, and autonomy. They missed 20th-century auto. They want to win ‘new auto’—EV, autonomous, connected,” says Keogh. He adds that China’s EV policies help, “Sometimes policy needs to give innovation a leg up. … When you have policies, and particularly (China’s) policies, it can stimulate consumers to follow those policies.”
What about Tesla? Keogh says, “Right now market share is 50 percent Tesla and 50 percent everyone else. Who is going to win the other 50 percent? That breakthrough product has not arrived yet.”
Note:For more information on Navigational Rallying in Quebec, check out Club Autosport La Licorne’s Facebook page (in French).
About the AuthorGuest Contributor is many, many people. We publish a number of guest posts from experts in a large variety of fields. This is our contributor account for those special people. 😀
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