“Veo is constantly solving the most pressing safety issues in our industry through continuous innovation,” said Candice Xie, CEO of Veo. “The problem of scooter riders not being able to safely gesture in traffic and at night when they are planning to turn has been a big one, and we are thrilled to offer the… Continue reading Veo Unveils First Ever e-Scooters with Turn Signals Available for Purchase
Category: Newswire
Lear Reports Second Quarter 2020 Results
SOUTHFIELD, Mich., Aug. 4, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2020. Lear’s second quarter financial results were significantly impacted by the COVID-19 pandemic, which resulted in unprecedented extended shutdowns of automotive industry production. Global vehicle production declined by… Continue reading Lear Reports Second Quarter 2020 Results
Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS, FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGE
Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS,FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGEFerrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2020, summarized as follows:Total shipments of 1,389 units, halved versus prior year, as a result of both production and… Continue reading Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS, FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGE
Subaru Of America, Inc. Reports July Sales
Subaru of America, Inc. today reported 51,458 vehicle sales for July 2020, a 20 percent decrease compared with record July 2019. These results reflect the impact of the COVID-19 global pandemic and the uncertainty surrounding economic recovery. Following eleven consecutive years of sales records, Subaru reported year-to-date sales of 318,572, a 21 percent decrease compared… Continue reading Subaru Of America, Inc. Reports July Sales
Hyundai Motor America Reports July 2020 Sales
FOUNTAIN VALLEY, Calif., Aug. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total July sales of 57,677 units, a 1% increase compared with July 2019. Retail sales grew 4%, the third consecutive month of increasing retail sales. Fleet sales were down 32% and represented 7% of total volume. During the first six months of 2020, Hyundai… Continue reading Hyundai Motor America Reports July 2020 Sales
Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners
BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ — Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell its composites operations to Arlington Capital Partners. Included in the sale are the Triumph Aerospace Structures composites locations in Milledgeville, Georgia and Rayong, Thailand. “With the sale of Triumph’s composites business, Triumph continues to execute on its… Continue reading Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners
BYD bringt seinen Premium Han EV nach Europa
Der Han EV wird den europäischen Verbrauchern eine neue Perspektive für chinesisch gefertigte Automobile bieten. Der Han EV ist das erste in Serie produzierte Modell, das mit der neuen Blade-Batterie von BYD ausgestattet ist, einer bahnbrechenden Technologie, die die Forschungs- und Entwicklungskapazitäten des Unternehmens und sein Ziel widerspiegelt, die Sicherheitsstandards für die gesamte Branche neu… Continue reading BYD bringt seinen Premium Han EV nach Europa
Subaru of America, Inc. Releases Second Annual Corporate Impact Report
“As we reflect back on 2019, I’m proud of how the Subaru of America family continued to live out our Love Promise,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “This annual report provides us with a platform to engage, learn, and grow transparently along with our stakeholders and will continue… Continue reading Subaru of America, Inc. Releases Second Annual Corporate Impact Report
‘Jetson Bill’ Will Help Samson Flying Car Share the Road
REDMOND, Ore., July 31, 2020 /PRNewswire/ — The Samson Sky Switchblade and other new flying cars were given a big assist when New Hampshire Governor, Chris Sununu, gave his signature to what has been nicknamed the Jetson Bill, along with other transportation legislation included in a large transportation package passed just recently. Continue Reading Flying Cars… Continue reading ‘Jetson Bill’ Will Help Samson Flying Car Share the Road
AAM Reports Second Quarter 2020 Financial Results
DETROIT, July 31, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2020. Second Quarter 2020 Results Sales of $515.3 million Net loss attributable to AAM of $(213.2) million, or (41.4)% of sales Adjusted EBITDA of $(52.1) million, or (10.1)% of sales Diluted loss… Continue reading AAM Reports Second Quarter 2020 Financial Results