Tag: FCA

China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023

WUHAN, China, Aug. 3, 2023 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 11, 2023, before the market opens.  Management will conduct… Continue reading China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023

FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION

FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION The new design concept will inspire the next generation of Automobili Pininfarina’s pure electric luxury  vehicles and will make its public debut at Monterey Car Week in August, where it will appear alongside the recently-revealed Battista Edizione Nino Farina hyper GT and another new production vehicle of an… Continue reading FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION

GM JV battery firm rejects including Ohio workers under national agreement

UAW President Shawn Fain said Tuesday the union was seeking double-digit pay rises, a shorter work week, defined-benefit pensions and other contract improvements. A General Motors LG Energy Solution battery joint venture on Wednesday said it does not see any path for workers at its Ohio plant to be covered under a national labor agreement,… Continue reading GM JV battery firm rejects including Ohio workers under national agreement

Cleantechnica: Tesla Rules Supreme In Europe (Europe EV Sales Report)002935

Tesla continues to be the best selling brand in Europe, but Volkswagen is recovering Some 311,000 plugin vehicles were registered in June in Europe — which is +42% year over year (YoY). Unfortunately, the overall market also grew fast, +19%, as it is finally recovering from a couple of bad years. Last month’s plugin vehicle… Continue reading Cleantechnica: Tesla Rules Supreme In Europe (Europe EV Sales Report)002935

Clean Technica: EVs Take 23.3% Share In France — Dacia Spring Top002933

France saw EVs take 23.3% share of the auto market in July, up from 18.6% year on year. Plugin hybrids saw strong growth in share, with full electrics seeing modest growth. Overall auto volume, at 128,947 units, was up by some 20% YoY, though still below pre-2020 norms. The Dacia Spring was France’s bestselling full… Continue reading Clean Technica: EVs Take 23.3% Share In France — Dacia Spring Top002933

Ferrari raises guidance after profit jumps as more customers personalize their sports cars

Ferrari Original Factory Entrance Courtesy: Ferrari Ferrari on Wednesday said that its second-quarter profit jumped 33% from a year ago as more of its customers chose costly “personalization” options for their new sports cars. Ferrari also raised its guidance for the full year following the results. related investing news 2 days ago The company now… Continue reading Ferrari raises guidance after profit jumps as more customers personalize their sports cars

Stellantis-Mercedes joint venture considers Canadian battery plant

Stellantis NV’s European electric-vehicle battery manufacturing joint venture with the Mercedes-Benz Group and a French energy company earlier this year lobbied Canadian officials for incentives for a battery plant. Representatives for Automotive Cells Co. — the collaboration between the maker of Chrysler, Dodge, Jeep, Ram and other vehicles; the German automaker; and TotalEnergies SE —… Continue reading Stellantis-Mercedes joint venture considers Canadian battery plant

FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION

FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION The new design concept will inspire the next generation of Automobili Pininfarina’s pure electric luxury  vehicles and will make its public debut at Monterey Car Week in August, where it will appear alongside the recently-revealed Battista Edizione Nino Farina hyper GT and another new production vehicle of an… Continue reading FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION

German Manager Magazin: Ferrari: Luxury sports car maker shines with 40 percent return, Benedetto Vigna raises forecast002643

After a decent run in the past quarter, the luxury sports car maker Ferrari is expecting slightly more profit for the full year than before. CEO Benedetto Vigna (54) now expects earnings before interest, taxes, depreciation and amortization adjusted for special effects of 2.19 to 2.22 billion euros, as the Italians announced on Wednesday in… Continue reading German Manager Magazin: Ferrari: Luxury sports car maker shines with 40 percent return, Benedetto Vigna raises forecast002643