India’s commercial vehicle (CV) industry encountered a challenging July, with wholesale volumes of four listed OEMs declining by 12% year-on-year (YoY). The downturn was largely attributed to a high base effect from the previous year and the lingering impact of the post-election transition period. Industry experts echoed these sentiments. Kinjal Shah, Senior Vice President and… Continue reading CV sales slip 12% YoY in July amidst headwinds
Tag: Geely
VECV’s July 2024 wholesales jumped 12.7% YoY to 6622 units
VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 6622 units in July 2024, as compared to 5877 units in July 2023, a growth of 12.7% This includes 6444 units of Eicher brand and 178 units of Volvo brand, the company stated in a statement. Elaborating further, the company… Continue reading VECV’s July 2024 wholesales jumped 12.7% YoY to 6622 units
@Geely-Volvo: Volvo Cars’ global sales up 6 per cent in July
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Clean Technica: EVs At 59.6% Share In Sweden — Still Stuck In Reverse003528
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! July’s auto sales saw plugin EVs at 59.6% share in Sweden, almost flat YoY from 59.9%. BEV volumes were down YoY by 15%, while PHEVs grew by 9%. Overall auto volume was 16,337 units, down 6% YoY. The Tesla… Continue reading Clean Technica: EVs At 59.6% Share In Sweden — Still Stuck In Reverse003528
Chinese vehicles made in EU keep costs edge
BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING /FOR CHINA DAILY] Chinese electric vehicle makers like BYD and Chery are charging up production in the European Union to dodge tariffs. On paper, they have an edge, but how long they keep their pole position will hinge… Continue reading Chinese vehicles made in EU keep costs edge
German Manager Magazine: News about Polestar, Flix, ZF, Deutsche Bahn and more in the newsletter “manage:mobility”003470
Dear reader, The last federal states have made it into the summer holidays. We are also treating ourselves to a short newsletter break over the next two weeks. Before that, you should put an appointment in your calendar, because we’ll be back with a highlight. “manage:mobility live” is entering a new round. Moderated by us,… Continue reading German Manager Magazine: News about Polestar, Flix, ZF, Deutsche Bahn and more in the newsletter “manage:mobility”003470
@Geely-Volvo: Volvo Cars takes full ownership of HaleyTek
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Stoneridge Reports Second Quarter 2024 Results
Q2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results Sales of $237.1 million Gross profit of $53.7 million (22.7% of sales) Operating income of $3.4 million Adjusted operating income of $5.4 million (2.3% of sales) Adjusted EBITDA of $16.1 million (6.8% of sales) Earnings per share (“EPS”)… Continue reading Stoneridge Reports Second Quarter 2024 Results
Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%
Asahi India Glass Ltd, a supplier to the automotive industry, reported a consolidated net profit of Rs 76.69 crore during Q1FY25- witnessing a drop of 25.41% against Q1FY24. The company’s operating revenue on the other hand stood at Rs 1,135.83 crore in Q1FY25, a jump of 4.14% compared with Q1FY24. Asahi India Glass, with close… Continue reading Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%
SPS de Farasis Energy: potencia el Aion V de segunda generación
GANZHOU, China, 30 de julio de 2024 /PRNewswire/ — Tras el éxito de la pickup eléctrica 4WD Horizon de Geely Radar, la tecnología insignia de Farasis Energy, la Super Pouch Solution (SPS), ahora impulsa el Aion V de segunda generación, un nuevo SUV inteligente de estilo resistente. Esta evolución de las pickups eléctricas 4WD a… Continue reading SPS de Farasis Energy: potencia el Aion V de segunda generación