JINHUA, China, Nov. 04, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that the Company has newly developed two new mini pure electric vehicle (“EV”) models. The first model is a four-wheeled mini pure EV. The second model is a three-wheeled mini pure EV. These… Continue reading Kandi Technologies Announces Two New Pure Electric Community Vehicles to be Launched in the American Market
Tag: BMW
Car manufacturer: VW sells fewer cars in the US – Audi and Porsche are increasing
VW logo The Wolfsburg carmaker was able to increase its sales in the USA, especially in the first half of the year. (Photo: AP) Herndon After a drop in sales in the previous month has Volkswagen also sold fewer cars in the important US market in October. With 28,072 cars, the manufacturer was according to… Continue reading Car manufacturer: VW sells fewer cars in the US – Audi and Porsche are increasing
BMW of North America Reports October 2019 U.S. Sales.
WOODCLIFF LAKE, N.J.–(BUSINESS WIRE)–BMW sales totaled 25,440 vehicles in October 2019, an increase of 9.4 percent over the 23,262 vehicles sold in October 2018. Year-to-date, BMW sales in the U.S. are up 3.8 percent. Through October, BMW Sports Activity Vehicles have driven growth in the U.S. and currently account for 57% of sales. Increased availability… Continue reading BMW of North America Reports October 2019 U.S. Sales.
Auto dealer Lookers expects profit to slump; top executives leave
(Reuters) – British car dealership Lookers (LOOK.L) on Friday issued its second profit warning in less than four months and announced the departure of its two top executives. The company expects annual underlying profit to fall by more than two-thirds as the UK car market struggles with dwindling consumer confidence and margin pressures. Lookers said… Continue reading Auto dealer Lookers expects profit to slump; top executives leave
UPDATE 2-Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
MILAN/PARIS (Reuters) – Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, they said on Thursday, triggering a new wave of consolidation in the car industry. Logos of Peugeot and Fiat are seen in this illustration picture taken October 30, 2019.… Continue reading UPDATE 2-Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
BMW i Ventures’ Investment in CelLink
The automotive wire harness—the mass of cables that supply power and, in some cases, data across the electronics in the car—is the biggest and heaviest component in an electric vehicle. When completely unfurled, it can span over a few miles long. Wire harnesses are necessary connectors across ever-complexifying electronic systems in vehicles today, powering everything… Continue reading BMW i Ventures’ Investment in CelLink
Magna Wins Largest Contract for Transmission Technologies in Company History
Magna to build dual-clutch transmissions including hybrid variants for strategic partner BMW GroupTechnologies for front-wheel drive vehicle platforms; over 170 different vehicle applicationsTransmissions to be supplied from Magna facilities in Germany and SlovakiaSAILAUF, Germany, Oct. 30, 2019 (GLOBE NEWSWIRE) — BMW Group has awarded Magna its largest production order for transmission technologies in company history.… Continue reading Magna Wins Largest Contract for Transmission Technologies in Company History
Automakers seeking profitable autonomous safety features: Aptiv CEO
DETROIT (Reuters) – With fully self-driving cars many years from mass market adoption because of the high cost and complexity of the technology, auto supplier Aptiv Plc is seeing soaring demand from automakers for more basic semi-automated driving features, the company’s top executive said on Wednesday. FILE PHOTO: Philip Floyd, senior engineering technician for the… Continue reading Automakers seeking profitable autonomous safety features: Aptiv CEO
Mazda Production and Sales Results for September 2019 and for April through September 2019
TOKYO, Oct 30, 2019 – (JCN Newswire) – Mazda Motor Corporation’s production and sales results for September 2019 and for April through September 2019 are summarized below. I. Production 1. Domestic Production (1) September 2019Mazda’s domestic production volume in September 2019 increased 5.3% year on year due to increased production of passenger vehicles. [Domestic production… Continue reading Mazda Production and Sales Results for September 2019 and for April through September 2019
Honda Sets First Half of Fiscal Year Records
Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the first half of the current fiscal year (April 2019-March 2020) and the month of September 2019. Worldwide Production September 2019 1st Half of Fiscal Year 2019(Apr.-Sep. 2019) Units vs.’18 Units vs.FY19 Japan 65,259 -18.2% 443,797 … Continue reading Honda Sets First Half of Fiscal Year Records