Geely – Page 384 – I wish I had more to offer

Volvo gets record order for up to 1,000 electric trucks

Volvo Trucks has signed a letter of intent to sell 1,000 electric trucks between now and 2030 to Holcim, one of the world’s largest building solution providers. The deal is the largest commercial order to date for Volvo electric trucks, and the first 130 trucks will be delivered in 2023 and 2024. Holcim is a… Continue reading Volvo gets record order for up to 1,000 electric trucks

Volvo gets record order for up to 1,000 electric trucks

Volvo receives record order for up to 1,000 electric trucks

GOTHENBURG, Sweden, May 22, 2023 /PRNewswire/ — Volvo Trucks has signed a letter of intent to sell 1,000 electric trucks between now and 2030 to Holcim, one of the world’s largest building solution providers. The deal is the largest commercial order to date for Volvo electric trucks, and the first 130 trucks will be delivered in… Continue reading Volvo receives record order for up to 1,000 electric trucks

Volvo receives record order for up to 1,000 electric trucks

Geely raises stake in Aston Martin to 17%

In this photo illustration, new logo of “Aston Martin” is displayed on a mobile phone screen in front of a computer screen displaying “Aston Martin” in Ankara, Turkiye on August 4, 2022. [Photo/VCG] HANGZHOU – Zhejiang Geely Holding Group on Thursday announced that it has increased its stake in British sports car maker Aston Martin… Continue reading Geely raises stake in Aston Martin to 17%

Here’s Why You Should Retain American Axle (AXL) Stock Now

American Axle & Manufacturing Holdings, Inc.’s AXL latest innovative driveline solution, efforts to diversify its business and collaborations with Inovance and REE Automotive bode well. However, high costs of raw materials, labor and utility could weigh on its near-term prospects. Let us discuss the factors that highlight the reasons behind retaining the stock for now.… Continue reading Here’s Why You Should Retain American Axle (AXL) Stock Now

Geely inks deal to become No. 3 shareholder in Aston Martin

SHANGHAI — Zhejiang Geely Holding Group increases its stake in Aston Martin Lagonda Global Holdings to about 17%, becoming the British luxury sports car maker’s third-largest shareholder, under an agreement announced Thursday. The deal has China’s largest privately owned automaker investing about 234 million pounds ($290 million) to receive both existing and new shares. Aston… Continue reading Geely inks deal to become No. 3 shareholder in Aston Martin

Volvo UK confirms switch to agency sales model from June

Volvo UK has confirmed it will switch to the ‘agency’ sales model – in which it will sell cars directly to buyers at fixed prices, rather than wholesale to dealers – from June. As previously reported by Autocar, the UK is the first market in which the brand will operate the sales model. Sweden is… Continue reading Volvo UK confirms switch to agency sales model from June

Copart’s (CPRT) Q3 Earnings and Revenues Beat Estimates

Copart, Inc. CPRT reported third-quarter fiscal 2023 (ended Apr 30, 2023) adjusted earnings per share of 72 cents, beating the Zacks Consensus Estimate of 62 cents. The outperformance was due to higher-than-anticipated service revenues. The bottom line also increased 24.1% year over year. The online auto auction leader generated revenues of $1,021.8 million, beating the… Continue reading Copart’s (CPRT) Q3 Earnings and Revenues Beat Estimates