HÄMEENLINNA, Finland, July 27, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, continues to implement its growth strategy and will open a new flagship showroom in the Lakalaiva area in Tampere, Finland in late spring 2024. The new megastore with app. 400 cars will be opened in a completely new building that… Continue reading Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024
Tag: Financial Results
Select EV makers plan to collect money from customers to pay penalty to Government
In a bizarre move, a clutch of electric vehicle makers such as Hero Electric, Benling, and Ammo Mobility will approach the customer to refund money for a product sold to them at a lower price. Stuck between loss-making operations and outstanding penalty dues to be paid to the government, these EV makers collectively wrote to… Continue reading Select EV makers plan to collect money from customers to pay penalty to Government
Select EV makers plan to collect money from customers to pay penalty to Government
In a bizarre move, a clutch of electric vehicle makers such as Hero Electric, Benling, and Ammo Mobility will approach the customer to refund money for a product sold to them at a lower price. Stuck between loss-making operations and outstanding penalty dues to be paid to the government, these EV makers collectively wrote to… Continue reading Select EV makers plan to collect money from customers to pay penalty to Government
Tesla tops European sales in H1 2023, sharp increase in MG market share
June was another positive month for new car registrations in Europe, rounding off what has been a healthy first half of the year in terms of volume. According to JATO Dynamics data across 28 European markets, H1 2023 saw the most registrations since the Covid-19 pandemic with 6.56 million units. This is an increase of… Continue reading Tesla tops European sales in H1 2023, sharp increase in MG market share
Tesla starts email campaign for FSD transfer: demand trigger rather than doing the right thing
Tesla has started a new email campaign to encourage Tesla owners with the Full Self-Driving (FSD) package to upgrade to a new car and transfer the FSD package. The terms of the transfer and the email campaign make it clear that what CEO Elon Musk presented as an “offer of amnesty” is nothing more than… Continue reading Tesla starts email campaign for FSD transfer: demand trigger rather than doing the right thing
06:59 ETDana Incorporated Reports Strong 2023 Second-quarter Financial Results, Company Raises Full-year Guidance…
Key Highlights Sales of $2.75 billion, an increase of $162 million or 6 percent over last year Net income attributable to Dana of $30 million, an increase of $22 million over last year Diluted EPS of $0.21; diluted adjusted EPS of $0.37, an increase of $0.29 per share Adjusted EBITDA of $243 million, an increase… Continue reading 06:59 ETDana Incorporated Reports Strong 2023 Second-quarter Financial Results, Company Raises Full-year Guidance…
Aston Martin Wants to Win and to Sell Cars, Too
Auto racing has helped sell products from Budweiser to Viagra, motor oil to Martini & Rossi, and seemingly every gasoline and cigarette brand. Now, with Formula 1 making huge inroads in the United States — supercharged by the hit Netflix documentary series “Drive to Survive” — we’ll see if it can sell Aston Martins. Lawrence… Continue reading Aston Martin Wants to Win and to Sell Cars, Too
FAW enjoys surging export sales in anniversary year
BEIJING, July 28, 2023 /PRNewswire/ — This is a report from China Daily: China’s leading automaker FAW Group achieved a robust increase in vehicle exports in the first half of this year as it continues to expand its presence in the global market. Continue Reading The 55.77 millionth vehicle of FAW Group rolls off the… Continue reading FAW enjoys surging export sales in anniversary year
EV Cables Market worth $19.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 28, 2023 /PRNewswire/ — EV Cables Market is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028, according to a new report by MarketsandMarkets™. The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand… Continue reading EV Cables Market worth $19.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates
The Company Leads the Way in 320Ah Storage Cell Sector with World’s First Mass Production of Wending 320Ah Cells Starting in Q3 BEIJING, July 28, 2023 /PRNewswire/ — REPT BATTERO, a leading innovator in energy storage solutions, announces the acquirement of three prestigious international certificates from TÜV Rheinland, Germany, namely, UL 1973, UL 9540A, and… Continue reading REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates