Bentley Motors today announced record financial results for the first quarter of 2022. The encouraging figures reveal an unparalleled performance by the luxury British marque across the first three months of a year, with operating profits up 162 per cent to €170 million, mirroring the company’s second highest full-year profit figure ever. The announcement follows… Continue reading @VW Group: Bentley follows record sales year with best-ever first quarter005009
Tag: Mobility
@VW Group: Audi Group closes strong first quarter005008
Despite the quarter being marked by ongoing bottlenecks in semiconductor supply, war in Ukraine, and renewed lockdowns in China, the Audi Group is still reporting strong financial figures after the first three months of the year. As a result, the company has further strengthened its financial basis for its transformation towards e-mobility and digitalization. For… Continue reading @VW Group: Audi Group closes strong first quarter005008
@Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
Stellantis Reports 12% Increase in Q1 2022 Net Revenues Full-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and vehicle mix, as well as favorable FX translation effects • Consolidated shipments(2) of 1,374 thousand units, down 12% primarily due to impact… Continue reading @Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
Ladies and Gentlemen, Strong products and desirable brands are the foundation of the BMW Group’s success as a company. With our customer-centric portfolio, we have experienced very robust demand in recent years, despite the difficult circumstances. We are seeing this trend grow even more this year. Never before in the history of our company have our pre-orders… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
Good Morning, Ladies and Gentlemen. The BMW Group has made a strong start to 2022 – in an increasingly volatile geopolitical and global economic environment. Our business is performing in line with our expectations. The ongoing war in Ukraine is affecting the availability of vehicle components, which led to brief production disruptions at several European plants… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
VW wants to offer Level 4 vehicles from 2026
Carmaker Volkswagen announced that it would launch a Level 4 vehicle by 2026. The CEO of Volkswagen, Herbert Diess, has an autonomous vehicle on level 4 announced. The vehicle should be on the market by 2026. This is apparently related to a new partner: Qualcomm. VW will source its hardware from the company. Autonomous driving… Continue reading VW wants to offer Level 4 vehicles from 2026
@Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387
May 5, 2022 NIO Provides Update on Status under Holding Foreign Companies Accountable Act SHANGHAI, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today provides an update on its status under the Holding Foreign… Continue reading @Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387
Aptiv Reports First Quarter 2022 Financial Results
Strong Revenue Growth Over Market Continues Despite Challenging Environment DUBLIN, May 5, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2022 U.S. GAAP earnings of $0.27 per diluted share. Excluding special items, first quarter earnings totaled $0.63 per diluted share.… Continue reading Aptiv Reports First Quarter 2022 Financial Results
Bridge the Gaps in Your ADAS Test Strategy
Achieving the next level in vehicle autonomy demands robust algorithms trained to interpret radar reflections from automotive radar sensors. Overcome the gaps between software simulation and roadway testing to train the ADAS / AV algorithms with real-world conditions. Sharpen your ADAS’ radar vision with full-scene emulation that allows you to lab test complex real-world scenario,… Continue reading Bridge the Gaps in Your ADAS Test Strategy
German Handelsblatt: Software: Operating systems for cars: Daimler Truck joins Apex AI004264
Autonomous driving The digitization of cars, such as assistance systems or self-driving technology, requires operating software that, similar to computers or smartphones, enables functions and applications to be carried out quickly, efficiently and safely. (Photo: BOSCH) Daimler Truck takes a “strategic minority stake” in Apex AI. This was announced by the German-American start-up, which already… Continue reading German Handelsblatt: Software: Operating systems for cars: Daimler Truck joins Apex AI004264