Bentley Motors today announced encouraging financial results for the first six months of 2022, despite continued global economic uncertainty. While the outlook for the second half of the year remains challenging, the luxury British marque posted operating profits of €398 million, up 124 per cent on the same period last year. The half-yearly figures compare… Continue reading @VW Group: Bentley announces record financial results for first half of 2022005492
Tag: Mobility
@VW Group: Audi Group First Half-Year: Operating Profit at All-Time High005491
The Audi Group is presenting a solid balance sheet for the first half of 2022. Due to the ongoing semiconductor crisis and COVID-19-related lockdowns in China, Audi could not meet the high demand for its core brand vehicles. Despite this, the Audi Group’s revenues increased by two percent to €29.9 billion, and its operating profit… Continue reading @VW Group: Audi Group First Half-Year: Operating Profit at All-Time High005491
@Fisker: Fisker Will Showcase the All-electric Fisker Ocean at the 2022 Pebble Beach Concours d’Elegance 000089
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions — will bring the all-electric Fisker Ocean to Pebble Beach Automotive Week at Pebble Beach Concours d’Elegance from August 18-21, 2022. “We are excited to be at Pebble Beach Concours to showcase one of… Continue reading @Fisker: Fisker Will Showcase the All-electric Fisker Ocean at the 2022 Pebble Beach Concours d’Elegance 000089
ICRA upgrades retail sector outlook to stable from negative
According to ICRA’s analysis on the industry, retail firms in its sample set will see operational profit margins (OPMs), driven by the advantages of operating leverage. Credit rating agency ICRA has upgraded retail sector outlook to stable from negative; and said the sector likely to witness 12-13% YoY revenue growth in FY2023, with a YoY… Continue reading ICRA upgrades retail sector outlook to stable from negative
German Handelsblatt: Interview with Susanne Klatten: “DAX corporations or tech giants alone don’t keep an economy running” – The BMW heiress on her start-up strategy004904
Susanne Klatten and Dr. Helmut Schonenberger Together they founded the UnternehmerTUM business incubator. They support young founders in their careers and promote their innovations. (Photo: Thorsten Jochim for Handelsblatt) Only seven percent of Germans wanted to start a business last year. In order to remain technologically independent in a newly organized world, it must be… Continue reading German Handelsblatt: Interview with Susanne Klatten: “DAX corporations or tech giants alone don’t keep an economy running” – The BMW heiress on her start-up strategy004904
Ola Electric briefly suspends production at Future Factory
Ola said the decision was made to install of new equipment and for annual maintenance, according to the Economic Times. Go to Source
United Kingdom Car Rental Markets Report 2022-2027 Featuring Major Players – Lex Autolease, Alphabet, Enterprise, LeasePlan, Europcar Avis, Hertz, Sixt, Dollar Rent A Car, & Green Motion
DUBLIN, July 29, 2022 /PRNewswire/ — The “United Kingdom Car Rental Market, By Vehicle Type (Economy, Executive, Luxury), By Channel (Online, Offline), By Type (Self Driven, Chauffer Driven), By End Use (Local, Airport, Outstation), By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering. United Kingdom car rental market is projected to… Continue reading United Kingdom Car Rental Markets Report 2022-2027 Featuring Major Players – Lex Autolease, Alphabet, Enterprise, LeasePlan, Europcar Avis, Hertz, Sixt, Dollar Rent A Car, & Green Motion
Blue Origin’s next crewed spaceflight is scheduled for August 4th
Blue Origin has revealed when New Shepard’s sixth crewed flight will take place. The NS-22 mission (New Shepard’s 22nd launch overall) is set for August 4th, which is two months to the day after its previous spaceflight. The launch window opens at 9:30AM ET. The company recently announced the passengers who will travel to the… Continue reading Blue Origin’s next crewed spaceflight is scheduled for August 4th
UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
(Recasts lede. Adds details from a news conference.) TOKYO, July 29 (Reuters) – Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems,… Continue reading UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
TOKYO (Reuters) -Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems, lowered its operating profit forecast to 480 billion yen ($3.61 billion)… Continue reading Toyota supplier Denso’s Q1 profit tumbles 41%, misses view