Volvo Cars today inaugurated its new, state-of-the-art Design Studio Shanghai, thereby expanding its global design footprint by joining the carmaker’s existing studios in Gothenburg and Camarillo. The Shanghai studio aims to be one of the most comprehensive design studios of global car brands in Asia. Mirroring Volvo Cars’ design headquarters in Gothenburg, the Shanghai studio… Continue reading Volvo Cars opens new design studio in Shanghai
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AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
Volvo plans small EX30 electric SUV for US, reveal June 7
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AutoNation Certified as a J.D. Power 2023 U.S. Dealer of Excellence with Record-Breaking 143 Stores
Certification is based on achievement of high scores from automotive manufacturer Customer research and completion of an in-dealership best practices verification visit. FORT LAUDERDALE, Fla., May 9, 2023 /PRNewswire/ — Demonstrating its commitment to exceeding Customer expectations, AutoNation, Inc. (NYSE:AN), America’s most admired automotive retailer has been certified in the J.D. Power 2023 Dealer of Excellence… Continue reading AutoNation Certified as a J.D. Power 2023 U.S. Dealer of Excellence with Record-Breaking 143 Stores
AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
Adient (ADNT) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
Adient ADNT reported adjusted earnings per share of 32 cents for the second quarter of fiscal 2023, lagging the Zacks Consensus Estimate of 41 cents. The underperformance largely stemmed from lower-than-anticipated profits from the Americas segment. The bottom line, however, reversed the year-ago loss of 13 cents per share. In the reported quarter, Adient generated… Continue reading Adient (ADNT) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax
UVeye’s automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector. The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has… Continue reading UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax
American Axle (AXL) Incurs Narrower-Than-Anticipated Q1 Loss
American Axle & Manufacturing Holdings AXL delivered a loss of 1 cent per share in first-quarter 2023, narrower than the Zacks Consensus Estimate’s loss of 6 cents. Higher-than-anticipated sales from the Metal Foaming segment and higher-than-expected adjusted EBITDA in the Driveline segment resulted in the outperformance. However, the bottom line fell from earnings of 19… Continue reading American Axle (AXL) Incurs Narrower-Than-Anticipated Q1 Loss