Category: Newswire

Michelin: Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand.

Clermont-Ferrand, April 26, 2021 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2021 Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand. With the strong upturn in global demand, which offset major supply chain disruptions and persistent health-related restrictions: Passenger car/Light truck and… Continue reading Michelin: Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand.

Alpha Motor Corporation Announces Collaboration With Heimplanet to Revolutionize The Future of Sustainable Mobility and Adventure

IRVINE, California and HAMBURG, Germany, April 26, 2021 /PRNewswire/ — Alpha Motor Corporation has just announced the company’s new collaboration with Heimplanet to co-develop mobility solutions. Alpha and Heimplanet first established a common ground: to envision a new culture for mobility. Mobility that resonates with people across generations through fun, modern, and sustainable solutions. The collaboration… Continue reading Alpha Motor Corporation Announces Collaboration With Heimplanet to Revolutionize The Future of Sustainable Mobility and Adventure

Honda Releases Video Revealing New Interior Design Philosophy

Inspired by the classic human-centered designs of early Honda vehicles, the brand’s new simplicity and “something” philosophy helps enhance the driving experience by eliminating complexity and advancing the user experience through thoughtful and pleasing design elements. The new design philosophy features a renewed focus on Honda’s classic “Man Maximum/Machine Minimum” approach that maximizes cabin space,… Continue reading Honda Releases Video Revealing New Interior Design Philosophy

Volvo Group invests in Designwerk Technologies AG to complement electromobility capabilities

GOTHENBURG, Sweden, April 26, 2021 /PRNewswire/ — Volvo Group has signed definitive agreements to acquire 60 percent of Designwerk Technologies AG, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems. By investing in Designwerk Technologies, the Volvo Group will complement its current capabilities when it comes to… Continue reading Volvo Group invests in Designwerk Technologies AG to complement electromobility capabilities

World NM: Ford halts engine production at Merseyside factory001145

Ford is shutting down its Merseyside plant for at least a month and slashing shifts at a Dagenham engine factory as the car industry is battered by a global microchip shortage. The US company will temporarily halt production on May 10 at its Halewood factory. Ford sites in Spain, Germany, Romania and Turkey are also cutting… Continue reading World NM: Ford halts engine production at Merseyside factory001145

Technology-backed 3rd Gen HAVAL H6 Debuts at Auto Shanghai 2021

3rd Gen HAVAL H6 is a new generation model based on globalized high intelligent modular “L.E.M.O.N”. It is the new generation of global technology vehicle, enjoys most features of high-tech and low-energy consumption, enabling it to meet the needs of more consumers under various driving scenarios. In terms of appearance and interior, 3rd Gen HAVAL… Continue reading Technology-backed 3rd Gen HAVAL H6 Debuts at Auto Shanghai 2021

Jolta Announces That It Will Serve As The First U.S. Distributor For Faraday Future

This is the first partnership that Jolta has publicly announced and grants distribution rights to Faraday Future’s cutting-edge electric cars in up to 15 major U.S. cities, including Miami, Los Angeles, San Jose, San Diego, and more. As a FF distribution partner, Jolta locations will support FF’s online-to-offline direct sales model, vehicle delivery, charging, service… Continue reading Jolta Announces That It Will Serve As The First U.S. Distributor For Faraday Future

Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

STUTTGART, Germany, April 23, 2021 /PRNewswire/ — The Supervisory Board of Daimler AG at its meeting on April 23, 2021 extended the appointments of management board members Martin Daum and Harald Wilhelm. The appointments of Martin Daum (61), as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG,… Continue reading Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

Autoliv’s Q1 2021 Financial Report January – March 2021

STOCKHOLM, April 23, 2021 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q1 2021: Good progress in sales, profits, balance sheet Financial highlights Q1 2021 $2,242m net sales 17.9% organic sales growth* 10.6% operating margin 10.6% adjusted operating margin* $1.79 EPS – an increase of 108% $1.79 adjusted EPS* – an increase of 103% Full year 2021 indications Around 23% net sales growth… Continue reading Autoliv’s Q1 2021 Financial Report January – March 2021