STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Thursday warned of weakening truck demand despite reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Its net order intake… Continue reading Volvo beats first-quarter forecasts but warns of truck order cancellations
Tag: Renault
Truck maker Volvo profit falls less than expected amid pandemic pain
FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of… Continue reading Truck maker Volvo profit falls less than expected amid pandemic pain
Renault’s first-quarter sales fall, outlook still unclear
FILE PHOTO: The logo of French carmaker Renault is seen before the company’s 2019 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2020. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – French carmaker Renault (RENA.PA) on Thursday posted a 19.2% drop in first-quarter revenue to 10.13 billion euros ($10.97 billion), and said… Continue reading Renault’s first-quarter sales fall, outlook still unclear
Nissan, partners to draft deeper alliance in May: Yomiuri
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann TOKYO (Reuters) – Nissan Motor Co (7201.T), Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T) will draft plans for a deeper alliance next month, including joint development of… Continue reading Nissan, partners to draft deeper alliance in May: Yomiuri
Solace and Savari partner to create seamless cloud and edge experience for automotive OEMs, mobile operators, tower operators, and road operators
Solace, an enabler of real-time event-driven data streaming for enterprise computing, IoT and mobile applications, and Savari, Inc., a Silicon Valley-based auto tech company and a pioneer of Vehicle-to-Everything (V2X) communications technology for smart infrastructure, announced a strategic partnership to jointly enable seamless transition across cloud and edge computing. Solace and Savari are partnering to take… Continue reading Solace and Savari partner to create seamless cloud and edge experience for automotive OEMs, mobile operators, tower operators, and road operators
Nissan dealers to provide 100 cars to NHS workers
Nissan has announced that it will provide 100 cars for free use by NHS workers via it’s UK dealer network. More than 30 dealer sites, those still able to operate, are taking part in the initiative. The vehicles are provided at no cost and will include complimentary insurance and roadside assistance. Only fuel or charging… Continue reading Nissan dealers to provide 100 cars to NHS workers
@Groupe PSA: First quarter 2020 sales
in €m Q1 2019 Q1 2020 Reported At constant scope & curr. Sales 4,325 3,739 -13.5% -19.7% By region Europe North America Asia South America Rest of the World 2,217 1,117 798 150 43 1,931 1,014 635 127 32 -12.9% -9.2% -20.4% -15.2% -26.2% -16.4% -18.3% -33.9% -2.1% -21.5% Q1 SALES IMPACTED BY COVID-19 DISRUPTION… Continue reading @Groupe PSA: First quarter 2020 sales
Nissan to reopen part of Sunderland plant this week for safety tests
Japanese group’s Barcelona factory to restart production in May following shutdown Go to Source
Nissan to resume production at Spanish plant, pilot safety steps in UK
LONDON, April 22 (Reuters) – Nissan will restart production at its Barcelona factory from May 4 and it will begin piloting safety measures at its British plant with the return of around 50 staff this week, the Japanese carmaker said on Wednesday. “The management team in Spain is working with the local works councils in… Continue reading Nissan to resume production at Spanish plant, pilot safety steps in UK
No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away
SEOUL (Reuters) – As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. FILE PHOTO: A man walks past the logo of Hyundai Motor… Continue reading No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away