Tag: Geely

Autocar magazine 15 May: on sale now

This week in Autocar, we scoop Aston Martin’s upcoming rival to the Land Rover Defender, drive the greatest Mercedes G-Class there has ever been, and deliver our verdict on the new Aston Martin Vantage. News Aston Martin is targeting the Land Rover Defender and Mercedes G-Class with a luxurious new super 4×4 – we’ve got… Continue reading Autocar magazine 15 May: on sale now

Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

Chinese smartphone maker Xiaomi has become the country’s eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data. Xiaomi‘s strong entry into China‘s crowded EV market is set to further upend the world’s largest auto market, where companies have been locked in a fierce price war amid weakening demand. Xiaomi is already a household name in China for its… Continue reading Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

First ride in 2025 Volvo EX90 as testing wraps up

The Volvo EX90 will go into production in the coming months, more than 18 months after it was first revealed, with the Swedish brand promising its new electric flagship SUV will set new standards for safety. The large SUV, which will sit alongside the combustion-engine XC90, was first shown back in November 2022. Manufacturing will… Continue reading First ride in 2025 Volvo EX90 as testing wraps up

Goodyear’s (GT) Shares Rise 4.3% Since Q1 Earnings Beat

Shares of Goodyear Tire GT have risen 4.3% since the company reported first-quarter 2024 results. It reported first-quarter 2024 adjusted earnings per share (EPS) of 10 cents, surpassing the Zacks Consensus Estimate of breakeven earnings. The company had incurred a loss of 29 cents in the year-ago quarter. The company generated net revenues of $4.53… Continue reading Goodyear’s (GT) Shares Rise 4.3% Since Q1 Earnings Beat

Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market

The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China. New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle. But the… Continue reading Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market

Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market

The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China. New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle. But the… Continue reading Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market

@Geely: Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024

Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M.… Continue reading @Geely: Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024

Retro Rides weekender: the joy of old-school motoring

Buttonless key. Ignition barrel. Turn once. Turn again. Turn a third time. A screeching fanbelt whines before a multi-cylinder roar takes over then settles to a lumpy idle. What has just been described encapsulates the whole premise of Retro Rides – and the experience reflects ours when we took a top-spec Volvo 850 T5-R along… Continue reading Retro Rides weekender: the joy of old-school motoring

Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised

Adient ADNT reported adjusted earnings per share (EPS) of 54 cents for the second quarter of fiscal 2024. Earnings rose from 32 cents recorded in the year-ago period and outpaced the Zacks Consensus Estimate of 39 cents. The company generated net sales of $3.75 billion, which decreased 4.1% year over year and missed the Zacks… Continue reading Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised