Volkswagen AG is pressing ahead with the manufacturing of the ID.3 electric car and expects to start European deliveries this summer as planned, despite lingering uncertainty surrounding demand for vehicles amid the Covid-19 pandemic.
Category: Newswire
Kongsberg Automotive reports Q1 2020 results
Thu, Apr 23, 2020 07:30 CET Kongsberg Automotive Q1 2020 Report and Presentation follow attached. Revenues declined by MEUR 45 (-15 %) YoY to MEUR 262. There were no significant FX effects. The revenue shortfall to the guidance of MEUR 278 for Q1 2020 was primarily driven by corona virus related North American and European… Continue reading Kongsberg Automotive reports Q1 2020 results
GROUPE RENAULT: Quarterly information – March 31, 2020
PRESS RELEASE#RenaultResults Groupe Renault’s revenues of €10,125 million in the first quarter of 2020 ·The Group sold 672,962 vehicles in the quarter, down -25.9% in a global market down -24.6%1. ·Group revenues reached €10,125 million (-19.2%) in the quarter. At constant exchange rates and perimeter2, the decrease would have been -18.3%. ·Renault’s Board of Directors decided on April 9,… Continue reading GROUPE RENAULT: Quarterly information – March 31, 2020
Michelin: press release relative to 2019 Universal Registration Document availability and Annual Shareholders meeting information
Clermont-Ferrand, France – April 23, 2020(English version of the French press release published on April 20, 2020)Press Release2019 UNIVERSAL REGISTRATION DOCUMENTANNUAL SHAREHOLDERS MEETING – NOTICE OF MEETING2019 UNIVERSAL REGISTRATION DOCUMENTMichelin filed its 2019 Universal Registration Document with the Autorité des Marchés Financiers (AMF) on April 17, 2020. It is freely available to the public under… Continue reading Michelin: press release relative to 2019 Universal Registration Document availability and Annual Shareholders meeting information
Kia Motors Delivers 15,000 Medical Use Face Shields To The Georgia Emergency Management Agency
“Kia Motors Manufacturing Georgia asked how they could help, and then stepped up to provide life-saving equipment for the heroes on the front lines in the battle against COVID-19,” said Georgia Department of Economic Development Commissioner, Pat Wilson. “We thank Kia once again for being such a strong partner in our Georgia-made family.” Face shields are… Continue reading Kia Motors Delivers 15,000 Medical Use Face Shields To The Georgia Emergency Management Agency
Italy Will Let Manufacturing, Automotive Sectors Restart First
Companies in Italy’s manufacturing, automotive and construction industries will be the first to restart activities, as the government on May 4 begins gradually lifting a nationwide lockdown, Deputy Health Minister Pierpaolo Sileri said.
Aston Martin revs up production as host of companies get back to work
British businesses are sketching out how they plan to get back to work despite no clear government guidance on when the lockdown will ease.The south Wales plant builds the DBX, Aston’s first SUV.Taylor Wimpey, one of the country’s largest housebuilders, outlined plans for a “phased return to construction” starting on May 4.
Velodyne Lidar Announces Agreement with TLD
SAN JOSE, Calif.–(BUSINESS WIRE)– #velodynelidar–Velodyne Lidar, Inc. announced a three-year agreement with TLD, a global leader in ground support equipment. Go to Source
German carmaker Daimler puts CO2 neutral fleet at core of its sustainability efforts
BERLIN, April 22 (Xinhua) — Daimler published its sustainability report 2019 on Wednesday and reiterated the company's target to have a fully carbon-neutral passenger car fleet by 2039.
“One of the key fields of action at Daimler is to reduce CO2 emissions,” the company stated.
Daimler planned to “significantly increase” the sales of passenger cars with plug-in hybrid drive systems and all-electric drive systems to more than 50 percent by 2030.
At Daimler's flagship brand Mercedes-Benz Cars, the waste level for each vehicle produced had fallen by 25 percent compared with 2013/2014 while energy consumption had dropped by ten percent, the company announced.
The Science Based Targets Initiative by various NGOs as well as the UN had already confirmed in 2019 that Daimler's CO2 targets were in accordance with the Paris Climate Agreement, according to Daimler.
On Tuesday, Daimler announced that Daimler Truck AG and carmaker Volvo would form a joint venture for large-scale pro..
Hellobike Launches Yunqi, the Next-Generation E-Bike, to Offer a Safer, More Efficient Urban Transportation Solution to Help Citizens Maintain Social Distancing
As China has seen a drastic drop in the number of newly confirmed cases of COVID-19, many cities are emerging from the lockdown. While people are turning to shared mobility services to maintain a safe physical distance to avoid the resurgence of the virus, E-bike is becoming a popular mode of transportation among urbanites. According… Continue reading Hellobike Launches Yunqi, the Next-Generation E-Bike, to Offer a Safer, More Efficient Urban Transportation Solution to Help Citizens Maintain Social Distancing