SEOUL (Reuters) — Hyundai Motor plans to gradually suspend production at its South Korean factories from Tuesday, the first global major automaker to do so outside China, due to supply chain disruptions caused by the coronavirus outbreak.Many global automakers including Ford, French car maker PS…
Category: Newswire
Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM
2019 PERFORMANCE CONFIRMS STRONG MOMENTUM2020 GUIDANCE UPGRADING PREVIOUS PLAN ACROSS ALL METRICSFerrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the twelve months ended December 31, 2019, summarized as follows:Total shipments of 10,131 units, up +9.5%Net revenues of Euro 3,766 million, up +10.1% or +8.2% at constant currencyAdj. EBITDA of Euro 1,269 million,… Continue reading Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM
ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
BEIJING, Feb. 4, 2020 /PRNewswire/ — ThunderSoft( SZ:300496 ), a world-leading operating system technology provider, and Didi Chuxing (“DiDi”) today announced strategic collaboration to jointly bring superior intelligent automotive operating system products and solutions for automotive manufacturers and Tier1 suppliers. This partnership will largely accelerate the development of Intelligent Connected Vehicle (ICV) with the support of… Continue reading ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
Alphabet chief lifts the covers on earnings
…previous nine months. The video service came under fire last year over some of the content it was promoting to users, leading it to promise changes to its algorithms that some warned could weaken viewer…
Grammer Group revenue rose to around EUR 2 billion despite challenging market environment
-Umsatz der Grammer Gruppe überstieg erstmalig 2 Milliarden Euro und wuchs um rund 9 Prozent gegenüber dem Vorjahr -Operatives EBIT mit rund 77 Millionen Euro im herausfordernden Branchenumfeld auf Vorjahresniveau -Vorläufige Geschäftszahlen für das Jahr 2019 im Rahmen der angepassten Prognose Amberg, 4. Februar 2020 – Trotz der erheblichen Herausforderungen für die Weltwirtschaft und den… Continue reading Grammer Group revenue rose to around EUR 2 billion despite challenging market environment
Kia teases all-new Sorento SUV ahead of launch next month
Kia Motors Corp. on Tuesday released a teaser of its all-new Sorento sport utility vehicle ahead of the car’s domestic launch next month.
Kia Carnival launch on February 5, here are all the details you should know
Kia Motors is all set to launch the Carnival in India on February 5 at the Auto Expo 2020.The upcoming luxury MPV already seems to be a hit with more than 1,400 bookings on the maiden day of the opening of bookings on January 21, 2020.Kia Carnival is available in Premium, Prestige and Limousine variants.
Mitsubishi Motors Reports January 2020 Sales
Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading Mitsubishi Motors Reports January 2020 Sales
Hidria announces EUR 30 million deal with BMW
Car parts maker Hidria announced on Monday that it had developed innovative aluminium steering wheel system casings for next generation hybrid and electric BMW cars, winning a EUR 30 million contract running until 2030.
Mazda Reports January Sales Results
IRVINE, Calif., Feb. 3, 2020 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total January sales of 23,621 vehicles, an increase of 17.8 percent compared to January 2019. With 25 selling days in January, compared to 25 the year prior, the company posted an increase of 17.8 percent on a Daily Selling Rate (DSR) basis.… Continue reading Mazda Reports January Sales Results