@Groupe PSA: PR First Quarter 2025 Shipments and Revenues007724

AMSTERDAM – Stellantis N.V. announced its Q1 2025 revenues and shipments today, reporting Net revenues of €35.8 billion, a 14% decrease compared to Q1 2024. This decline was primarily due to lower volume, adverse regional mix and price normalization. For the three months ending March 31, 2025, consolidated shipments were 1,217 thousand units, a 9% decrease… Continue reading @Groupe PSA: PR First Quarter 2025 Shipments and Revenues007724

Kongsberg Automotive- Notice of the Annual General Meeting

Kongsberg Automotive ASA will hold its Annual General Meeting at 10:00 (CET) on May 23, 2025. The Notice for the Annual General Meeting with appendices is attached and will also be made available on the company’s website: www.kongsbergautomotive.com. The meeting will be conducted as a digital meeting only. Further information about digital attendance is included… Continue reading Kongsberg Automotive- Notice of the Annual General Meeting

@Groupe PSA: op #outsanding000770

The Directors of Light The Intelli-Lux HD Light in the New Opel Grandland Sets Standards And Inspires Even Experts: Philipp Roeckl, Global Head of Lighting at Stellantis, Explains What Makes The Award Winning System So Unique-And Why Lighting Technology is Playing A Decisive Role in Shaping the Automobile. Big Stage, Full House: at the 34th… Continue reading @Groupe PSA: op #outsanding000770

South Korea’s LG Energy Solution Q1 profit rises 138% on weak won

The company would have made an 83 billion won operating loss without a tax credit received under the U.S. Inflation Reduction Act, LGES said in a regulatory filing. South Korean battery firm LG Energy Solution (LGES) on Wednesday posted a 138% rise in first-quarter profit, helped by favourable foreign exchange rates that cushioned slowing growth… Continue reading South Korea’s LG Energy Solution Q1 profit rises 138% on weak won

Trump administration to offer relief to car manufacturers amid continued 25% tariff

“We appreciate the productive conversations with the president and his administration and look forward to continuing to work together.” The US administration announced plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil. While the 25 per cent tariffs on imported… Continue reading Trump administration to offer relief to car manufacturers amid continued 25% tariff

Facing pressure, Trump scales back tariffs for US automakers

The first 2022 GMC HUMMER EV Pickup Edition 1 rolls off the assembly line at Factory ZERO (Source: GM) Donald Trump signed two executive orders today that walked back parts of tariffs he previously imposed on US automakers ahead of a rally in Michigan to mark his first 100 days in office. The Wall Street… Continue reading Facing pressure, Trump scales back tariffs for US automakers

LG Energy Solution Releases 2025 First-Quarter Financial Results

LG Energy Solution posts KRW 6.3 trillion in consolidated revenue and KRW 375 billion in operating profit in Q1 2025 Company returns to profitability through rigorous cost-cutting efforts Company to focus on operational efficiency, cost reduction, and strategic business opportunities to cope with impacts from regulatory transitions this year SEOUL, South Korea, April 29, 2025… Continue reading LG Energy Solution Releases 2025 First-Quarter Financial Results

Harrah’s Northern California Reveals Million-Dollar Prize Wheel

Win $1 Million in Limited Time Promotion: Drawings every 10 minutes on May 31st from 3:00 PM to 10:00 PM IONE, Calif., April 29, 2025 /PRNewswire/ — Harrah’s Northern California is thrilled to announce a new promotion: a chance to win $1 million! Starting Thursday, May 1st, guests can earn entries to spin a prize… Continue reading Harrah’s Northern California Reveals Million-Dollar Prize Wheel

Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs

The Trump administration said it plans to announce measures as early as Tuesday to ease the effects of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States. Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs… Continue reading Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported… Continue reading G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll