Tag: Daimler

Aston Martin’s H1 loss widens as DBX deliveries begin – Automotive News Europe

LONDON — Aston Martin reported a wider first-half loss and steep cash outflows as the UK automaker invested in the launch of its debut SUV, the DBX, which has started to arrive at dealerships. Early signs from China, a key sales market for the all-important DBX, are positive, Aston Martin said Wednesday, without providing specifics.… Continue reading Aston Martin’s H1 loss widens as DBX deliveries begin – Automotive News Europe

Auto industry set to put brakes on central Europe’s COVID-19 recovery

BUDAPEST/PRAGUE (Reuters) – The auto industry, long a driver of economic growth in central Europe, is likely to be one of the main drags on the region’s efforts this year to recover from the impact of COVID-19. FILE PHOTO: Employees work on an assembly line as the Volkswagen construction plant reopens after shutting down due… Continue reading Auto industry set to put brakes on central Europe’s COVID-19 recovery

Press Releases – COVID: Stakes are high for European automotive recovery, new facts and figures show

Brussels, 30 July 2020 – The European Automobile Manufacturers’ Association (ACEA) has published its annual Pocket Guide that provides an overview of the EU auto industry, including the latest sector-specific data on employment, vehicle production and sales, road safety, R&D, the environment and trade flows. New data in this flagship publication confirm that the automobile… Continue reading Press Releases – COVID: Stakes are high for European automotive recovery, new facts and figures show

Volkswagen CEO says Tesla’s meteoric rise proves the most valuable company in the world will be in mobility (TSLA, VW)

Volkswagen’s CEO is an outspoken fan of its competitor Tesla.  Herbert Diess said Tesla’s second-quarter results last week were proof that mobility will be one of the most important industries of the future.  His comments come as Tesla’s CEO Elon Musk once again toys with the idea of partnerships with competitors, even though past deals… Continue reading Volkswagen CEO says Tesla’s meteoric rise proves the most valuable company in the world will be in mobility (TSLA, VW)

Stoneridge Reports Second-Quarter 2020 Results

NOVI, Mich., July 29, 2020 /PRNewswire/ — 2020 Second-Quarter Results    Loss per share (“EPS”) of ($0.81) Adjusted EPS of ($0.55) Sales of $99.5 million Gross profit of $13.3 million Adjusted gross profit of $14.4 million (14.5% of sales) Operating loss of ($26.8) million Adjusted operating loss of ($19.1) million ((19.2%) of sales) Adjusted EBITDA… Continue reading Stoneridge Reports Second-Quarter 2020 Results

Elon Musk says Tesla doesn’t want to crush rivals, and the company is open to licensing its self-driving software and battery technology (TSLA)

Elon Musk tweeted Tuesday that Tesla would consider licensing its self-driving software and supplying battery technology to other automakers. “We’re just trying to accelerate sustainable energy, not crush competitors!” Musk said. Musk’s comments came in response to a blog post about German automakers looking to close the technological gap between them and Tesla. Visit Business… Continue reading Elon Musk says Tesla doesn’t want to crush rivals, and the company is open to licensing its self-driving software and battery technology (TSLA)

@Daimler: Meet the S-Class DIGITAL: “Innovation by Intelligence”: Driving enjoyment at the highest level: protected and supported

Stuttgart.  The new Mercedes-Benz S-Class has become more intelligent in many areas, and the driving experience reaches new heights. The digital innovations in e.g. MBUX[1] include new features that make driving even more enjoyable and even safer: among them are rear-axle steering with a large steering angle and safety innovations such as the rear airbag.… Continue reading @Daimler: Meet the S-Class DIGITAL: “Innovation by Intelligence”: Driving enjoyment at the highest level: protected and supported

F1 2020 My Team, Part 1: We’re bringing Spyker back | PlanetF1 – PlanetF1

F1 2020 gives you the chance to create your own team, so I decided to give it a go and write all about it. This can only go well… Having owned the last four editions in the Codemasters series, I’m not exactly a novice when it comes to the games. However, rocking a standard controller… Continue reading F1 2020 My Team, Part 1: We’re bringing Spyker back | PlanetF1 – PlanetF1

Markus Winkelhock: The day I led the European GP in a Spyker – Motor Sport

As the clock ticked down to the start of the race, warnings of adverse weather were heard but not heeded. The entire field elected to start on slicks. On the formation lap, Winkelhock had a hunch it might be time to make a change. Driving at his home race, local knowledge of meteorological movements was… Continue reading Markus Winkelhock: The day I led the European GP in a Spyker – Motor Sport