automotiveMastermind Introduces Product Enhancements to Help Dealers More Effectively Market to Customers & Sell More Cars

NEW YORK, Feb. 11, 2022 /PRNewswire/ — automotiveMastermind (aM), part of IHS Markit (NYSE: INFO) and a provider of predictive analytics and marketing automation solutions for dealerships, has announced several new enhancements to its flagship automated sales and marketing platform, Mastermind. The updates are designed to help dealership partners attract customers, maintain profits and sell more vehicles,… Continue reading automotiveMastermind Introduces Product Enhancements to Help Dealers More Effectively Market to Customers & Sell More Cars

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for January 2022

CHENGDU, China, Feb. 11, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for January 2022

AAM Reports Fourth Quarter and Full Year 2021 Financial Results

DETROIT, Feb. 11, 2022 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2021.  AAM also provided its full year 2022 financial outlook and 2022-2024 new business backlog. Fourth Quarter 2021 Results Sales of $1.24 billion Net loss attributable to AAM of… Continue reading AAM Reports Fourth Quarter and Full Year 2021 Financial Results

AAM Secures Contracts Valued at More Than $10 Billion for Next-Generation Full-Size Truck Axle Programs With Multiple Customers

DETROIT, Feb. 11, 2022 /PRNewswire/ — American Axle & Manufacturing (AAM), (NYSE: AXL) announced it has secured multiple next-generation full-size truck front and rear axle programs with global OEM customers (including a previously announced award in early 2021). These awards are expected to generate more than $10 billion of lifetime revenues from mid-decade to beyond 2030.… Continue reading AAM Secures Contracts Valued at More Than $10 Billion for Next-Generation Full-Size Truck Axle Programs With Multiple Customers

GOODYEAR REPORTS FOURTH QUARTER, FULL-YEAR 2021 RESULTS

AKRON, Ohio, Feb. 11, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full year of 2021. “We achieved our highest fourth quarter revenue in nearly 10 years as demand for our products remained strong and we captured higher selling prices,” said Richard J. Kramer, chairman, chief… Continue reading GOODYEAR REPORTS FOURTH QUARTER, FULL-YEAR 2021 RESULTS

RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

PRESS RELEASE Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacturea new-generation automotive electric motor in France Paris, February 10, 2022 – Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France… Continue reading RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

World NM: Automotive industry sounds alarm over expansion of e-charging stations001723

Germany has fallen far behind its targets for expanding e-car infrastructure and will likely miss its 2030 e-mobility target. Germany, France and the Netherlands together account for 70% of the charging stations, even though the three countries have only a third of the EU’s population. Instead of 60 kilometres, the VDA calls for charging stations… Continue reading World NM: Automotive industry sounds alarm over expansion of e-charging stations001723

Haldex Year-End Report, January – December 2021

STOCKHOLM, Feb. 10, 2022 /PRNewswire/ — FOURTH QUARTER 2021 Sales increased to SEK 1,191m (989), corresponding to an organic growth of 19 percent. Adjusted operating income amounted to SEK 60m (66), equivalent to an adjusted operating margin of 5.0 percent (6.7). Reported operating income amounted to SEK 54m (44). Non-recurring expenses of net SEK 6m… Continue reading Haldex Year-End Report, January – December 2021

Volkswagen to electrify South by Southwest with North American debut of ID. Buzz

HERNDON, Va., Feb. 9, 2022 /PRNewswire/ — The Volkswagen ID. Buzz, an electric reimagining of the brand’s iconic Microbus, will make its first-ever public appearance at SXSW, from March 11-20, 2022. To celebrate the first outing of the electric vehicle (EV), Volkswagen will host various “Buzz Stops” throughout the city of Austin, Texas, where attendees of… Continue reading Volkswagen to electrify South by Southwest with North American debut of ID. Buzz

Dana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23

MAUMEE, Ohio, Feb. 9, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 fourth-quarter and full-year financial results on Wednesday, Feb. 23, 2022.  A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST.  Members of the company’s senior management team will… Continue reading Dana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23