Tag: Geely

Sonic (SAH) Q1 Earnings Miss on Lower Wholesale Vehicle Sales

Sonic Automotive, Inc. SAH registered first-quarter 2023 adjusted earnings per share of $1.33, missing the Zacks Consensus Estimate of $1.84. Lower-than-expected sales from the wholesale vehicle segment led to the underperformance. Also, the bottom line fell 43% from the $2.33 per share reported in the year-ago quarter. Total revenues amounted to $3,491.2 million, marking an… Continue reading Sonic (SAH) Q1 Earnings Miss on Lower Wholesale Vehicle Sales

Harley-Davidson (HOG) Q1 Earnings Beat Estimates, Rise Y/Y

Harley-Davidson, Inc. HOG reported first-quarter 2023 adjusted earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.42. Higher-than-anticipated revenues from the motorcycles & related products and Financial Services segments resulted in the outperformance. The bottom line also shot up 41% from the $1.45 per share reported in the year-ago quarter. The motorcycle manufacturer… Continue reading Harley-Davidson (HOG) Q1 Earnings Beat Estimates, Rise Y/Y

@Geely: ¬Kandi Technologies to Report First Quarter 2023 Financial Results and Hold a Conference Call on May 10, 2023

Jinhua, China, May 05, 2023 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its first quarter 2023 financial results on Wednesday, May 10, 2023, before the U.S. stock market open. The Company has scheduled a conference call and live webcast to discuss its financial… Continue reading @Geely: ¬Kandi Technologies to Report First Quarter 2023 Financial Results and Hold a Conference Call on May 10, 2023

LEVC to launch electric car line-up on new SOA platform

London Electric Vehicle Company (LEVC), the Geely-owned maker of the black cab, will launch a range of vans and MPVs as it drives forward with a major global expansion. A new platform, dubbed SOA, will form the basis for a line-up of high-tech F-segment models, positioned above the likes of the Citroën ë-Spacetourer and Volkswagen… Continue reading LEVC to launch electric car line-up on new SOA platform

Auto giants are setting their sights on a new growth market for EVs: India

The NH48 highway in India. The country’s electric car sector is small compared to other major economies like China and the U.S. Sw Photography | Digitalvision | Getty Images With a huge population, military and economy, India is viewed by many as country whose influence could grow significantly as the 21st century progresses. When it… Continue reading Auto giants are setting their sights on a new growth market for EVs: India

Geely-Proton: READ MORE000077

4 May 2023 PROTON UNVEILS R3 ACCESSORIES PACKAGE FOR PROTON X50 – R3 20th Anniversary Edition Accessories Package limited to just 200 units- Orders opened with deliveries targeted to begin in October 2023   Subang Jaya, 3 May 2023 – National carmaker PROTON unveiled an R3 accessories package for the Proton X50 at the Malaysia Autoshow… Continue reading Geely-Proton: READ MORE000077

Staging partial recovery, Russia’s April car sales leap 170.4% y/y

Autostat, citing data from its partner consulting company PPK, said 75,622 vehicles were sold in April compared with just 27,965 in April 2022. That was still down on the around 150,000 units sold in April 2021. Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the country’s… Continue reading Staging partial recovery, Russia’s April car sales leap 170.4% y/y

How US firm Luminar plans to revolutionise car safety

When it comes to grabbing attention, lidar developer Luminar doesn’t hold back. In 2021, it pledged to deliver the “uncrashable car”. And its website proudly asserts: “First seatbelts. Then airbags. Now Luminar.” Lofty claims, and it seems manufacturers are being persuaded of the company’s potential. A multi-billion-dollar deal with Mercedes has been secured and there… Continue reading How US firm Luminar plans to revolutionise car safety