General Motors Co. defied a softening auto market with a surprise prediction that profit will remain steady this year and grow in 2019 thanks to a wave of new trucks and SUVs. Earnings this year will be consistent with the record result the company pre-reported on Tuesday. While GM is going to grapple with costs… Continue reading GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit
Tag: Manufacturing
Uber Partners with the Global Public Transport Association
Uber Partners with the Global Public Transport Association By Andrew Salzberg, Head of Transportation Policy & Research and Marius Macku, Senior Associate, Public Policy & Government Relations, EU Over the past seven years, we’ve learned a lot about how our users get around in over 600 cities across the globe. But we also know we… Continue reading Uber Partners with the Global Public Transport Association
Automobili Lamborghini is Top Employer Italia 2018
Sant’Agata Bolognese, 6 February 2018 – Automobili Lamborghini is once again confirmed as an increasingly attractive employer. For the fifth year in a row, the company has been awarded the prestigious “Top Employer Italy 2018” certification, an honor bestowed annually by the Top Employers Institute on companies with excellent workplace environments and advanced policies for human… Continue reading Automobili Lamborghini is Top Employer Italia 2018
First look at Ionity ‘ultra-fast’ charging network map of planned stations
Ionity, the new ‘ultra-fast’ joint electric car charging network by BMW, Mercedes, Ford and Volkswagen, is slowly starting to take shape in Europe and now we get to see the map of their planned stations for the first time. Home Solar Power This new network is believed by many to be the most important electric vehicle charging infrastructure effort… Continue reading First look at Ionity ‘ultra-fast’ charging network map of planned stations
After profit beat, GM looks to trucks, SUVs to rev up margins
DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. The automaker posted better-than-expected quarterly results as cost cutting and higher vehicle prices offset a double-digit decline… Continue reading After profit beat, GM looks to trucks, SUVs to rev up margins
Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects
With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects
Europe will have 80 million fewer cars in 2030 as a result of shared transport
Posted 06/02/2018 14: 19: 08CET MADRID, 6 Feb. (EUROPA PRESS) – Europe will have 80 million fewer cars in 2030 as a result of shared transport and digitalization, according to the study ‘Eascy: the five dimensions that will transform the Automotive sector’ that has been developed by the consultancy PwC. The company expects the car… Continue reading Europe will have 80 million fewer cars in 2030 as a result of shared transport
S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin
Posted 06/02/2018 14:17:37CET LONDON, Feb. 6 (EUROPE PRESS) – The credit rating agency S & P has revised up the long-term rating of the Fiat Chrysler Automobiles (FCA) automobile consortium, which goes from ‘BB’ to ‘BB +’ (questionable quality, with uncertain long-term capacity with great sensitivity to adverse environments). The firm explained that this improvement… Continue reading S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin
Daimler puts 2.5 billion euros in new transporter
Tuesday, 06/02/2018 19:38 clock The vehicle manufacturer wants to invest 2.5 billion euros Daimler to boost its van sales. The money will be used for the market launch of a new Sprinter model, which was presented in Duisburg. The billions go into the development, the production and sales measures – partly the money has already… Continue reading Daimler puts 2.5 billion euros in new
transporter
Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.
Hyundai Motor Company introduced its fuel cell electric vehicle, which is the signature vehicle for eco-friendly vehicles, called ‘NEXO’ in South Korea for the first time. It can drive up to 609km with single charge and it can go 107km more than Toyota’s ‘Mirai (total range: 502km)’, which is currently number one in global sales.Hyundai… Continue reading Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.