Stockholm, Sweden, April 22, 2022(NYSE: ALV and SSE: ALIV.sdb) Q1 2022: Extraordinary times, extraordinary measures Financial highlights Q1 2022$2,124m net sales5.3% net sales decline1.0% organic sales decline*6.3% operating margin3.2% adjusted operating margin*$0.94 EPS – a decrease of $0.85$0.45 adjusted EPS* – a decrease of $1.34 Full year 2022 indicationsAround 12%-17% organic sales growthAround 3% negative… Continue reading Financial Report January – March 2022
Tag: Possible_Terrorism_Warfare
Autoliv Financial Report January – March 2022
STOCKHOLM, April 22, 2022 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q1 2022: Extraordinary times, extraordinary measures Financial highlights Q1 2022 $2,124m net sales 5.3% net sales decline 1.0% organic sales decline* 6.3% operating margin 3.2% adjusted operating margin* $0.94 EPS – a decrease of $0.85 $0.45 adjusted EPS* – a decrease of $1.34 Full year 2022 indications Around 12%-17% organic sales growth Around 3%… Continue reading Autoliv Financial Report January – March 2022
Automotive: Dacia continues to grow in a declining market
Posted Apr 22, 2022, 7:44 AM Weakened both by the war in Ukraine, which forced him to get out of the Russian market , and by the production difficulties which are eroding sales in Europe , the Renault group can happily rely on Dacia. After an excellent 2021 vintage, the sales figures for the first… Continue reading Automotive: Dacia continues to grow in a declining market
What does the semiconductor crisis mean for company car fleets?
From phones to fridges, semiconductor chips have become a lynchpin of the way we live and work, and the automotive sector is taking an ever-larger share. Today’s increasingly connected, electrified and autonomous vehicles are all hungry for that processing power – but at the moment, it’s in short supply. Why is there a semiconductor shortage? The… Continue reading What does the semiconductor crisis mean for company car fleets?
Racing lines: Goodwood put a spring in our step
Low-key? Of course it’s not. This is Goodwood, after all. But compared with the Revival, the Sussex circuit’s Members’ Meeting (MM) has a less contrived – some might say less stuffy – vibe that gives it a charm that’s perhaps harder to find these days at its bigger brother. The rebirth of the spring two-day… Continue reading Racing lines: Goodwood put a spring in our step
German Handelsblatt: Dax group: “Duty of care for employees”: Continental temporarily resumes production in Russia004160
Continental tires The German supplier is producing again in Russia out of concern for its employees. (Photo: Reuters) The auto supplier and tire manufacturer Continental has restarted production in Russia. On Tuesday, the company confirmed a report in the “Frankfurter Allgemeine Zeitung” (Wednesday), according to which tire production in Kaluga, southwest of Moscow, had already… Continue reading German Handelsblatt: Dax group: “Duty of care for employees”: Continental temporarily resumes production in Russia004160
The Station: Jeep’s road to EVs, Musk’s great big distraction and a last call for mobility founders
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I… Continue reading The Station: Jeep’s road to EVs, Musk’s great big distraction and a last call for mobility founders
Want to Buy an Electric Car? Read This First
Thinking more seriously about buying an electric car now that gas prices are revving up? You and everybody else. E.V.s are hard to find, especially now. The war in Ukraine hasn’t just caused gas prices to soar. It has also disrupted car production in Europe, which sends exports to the United States. And U.S. companies… Continue reading Want to Buy an Electric Car? Read This First
Volkswagen Eyes U.S. Electric Vehicle Market as Ukraine War Disrupts Production
Volkswagen is shifting its focus toward North America, as the fallout from Russia’s attack on Ukraine caused more supply chain headaches for the company in Europe, executives said. Since the outbreak of the war last month, several of the brands in the Volkswagen Group, including Porsche and Volkswagen, have been forced to suspend production at… Continue reading Volkswagen Eyes U.S. Electric Vehicle Market as Ukraine War Disrupts Production
Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
WOODSTOCK, Ala. — The auto industry’s shift to battery power is expected to lead to job losses because it takes fewer workers to build an electric vehicle than it does to build a car with a gasoline engine. But that probably won’t be the case in Alabama. The state this week became the beneficiary of… Continue reading Mercedes Opens Alabama Battery Plant, Part of a Southern Wave