Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Positive updates to its full-year outlook helped send shares rallying by roughly 2.5% in after-hours trading. Automotive revenue increased 2% year over year, to $38.89 billion, missing analysts’ forecasts of $40.1 billion, according to… Continue reading Ford’s earnings beat, rosy 2024 outlook, and cost discipline show the automaker is getting its house in order
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Mini Aceman EV, GM home-backup hardware, 2024 EV sales to climb: Today’s Car News
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3 Auto Stocks Poised to Outpace Q1 Earnings Estimates
The first-quarter earnings season for the Auto-Tires-Trucks sector has shifted to high gear this week. So far, four S&P 500 sector components — Tesla, Genuine Parts, General Motors, LKQ Corp— have reported quarterly numbers. Results have been mixed so far. While Tesla and LKQ missed earnings estimates, General Motors and Genuine Parts surpassed the same. Per the Earnings Trend report dated Apr… Continue reading 3 Auto Stocks Poised to Outpace Q1 Earnings Estimates
Stellantis closes its “data center” near Belfort: 330 employees transferred to Sochaux
The news of this transfer was announced this Thursday, April 25, 2024 during a CSE, social and economic committee, announced the unions. It is the group’s IT services based in Bessoncourt in the Territoire de Belfort since the 1980s, which are affected by this operation. In November 2023, “we had already had the beginnings of… Continue reading Stellantis closes its “data center” near Belfort: 330 employees transferred to Sochaux
@Groupe PSA: OP Rüsselsheim’s First000647
On January 21, 1899, Wilhelm Opel, the second eldest son of company founder Adam Opel, signs the decisive contract. The document that transforms the previously successful Rüsselsheim-based company, which manufactures sewing machines and bicycles, into a car manufacturer. For the price of 116,887 marks, not only the Anhaltische Motorenwagenfabrik becomes the property of Opel. The… Continue reading @Groupe PSA: OP Rüsselsheim’s First000647
@Groupe PSA: OP The first from Rüsselsheim000646
It is January 21, 1899. Wilhelm Opel, second eldest son of the company founder Adam Opel, signs the crucial contract. The document that turns the previously successful Rüsselsheim company, which produces sewing machines and bicycles, into a car manufacturer. For the purchase price of 116,887 marks, not only the Anhaltische Motorenwagenfabrik becomes the property of… Continue reading @Groupe PSA: OP The first from Rüsselsheim000646
@Groupe PSA: OP Opel Hits the Slopes 000645
It’s a very likeable quartet: First, cross-country skier Jason Rüesch, freestyle ski professional Mathilde Gremaud and snowboard racer Ladina Jenny stow their sports equipment in the trunk of the Opel Astra Sports Tourer, before freestyle snowboarder Nicolas Huber dangles upside down from the compact class bestseller. With the fast-paced video, Opel announced a new dynamic… Continue reading @Groupe PSA: OP Opel Hits the Slopes 000645
Hyundai Motor Group Executive Chair Euisun Chung visits India to underline mid-long term mobility strategic commitments
Hyundai Motor Group (the Group or HMG) Executive Chair Euisun Chung visited India to review the Group’s mid- to long-term future mobility strategies. Autocar Professional had exclusively reported that Euisun Chung visited India.The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees. Amid the growing strategic importance of… Continue reading Hyundai Motor Group Executive Chair Euisun Chung visits India to underline mid-long term mobility strategic commitments
Clean Technica: Chiming In On The Debate: Who Will Save Us If The Model 2 Is Delayed?003381
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! After the article from our editor Zachary regarding the most likely replacement for a “Model 2” (and a followup here), and after having a brief exchange in the comments, I was left thinking. My original response was simple and… Continue reading Clean Technica: Chiming In On The Debate: Who Will Save Us If The Model 2 Is Delayed?003381
@Hyundai: Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid-to long-term Mobility Strategic Commitments
Hyundai Motor Group to establish mid-to long-term strategies to solidify its position as a leading mobility provider in India Hyundai Motor India to establish an annual production system of one million units by 2025; Combined with Kia India, Hyundai Motor Group to be able to annually produce 1.5 million units annually in India Electrification strategy… Continue reading @Hyundai: Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid-to long-term Mobility Strategic Commitments