Total shipments of 13,221 units, up 18.5% versus FY 2021 Net revenues of Euro 5,095 million, up 19.3% versus prior year EBITDA(1) of Euro 1,773 million, up 15.8% versus prior year EBIT of Euro 1,227 million, up 14.1% versus prior year EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year Net profit… Continue reading Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023
Tag: FCA
German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141
Porsche AG The sports car manufacturer was also able to benefit from good figures from its competitor Ferrari. (Photo: Bloomberg) The shares of the sports car manufacturer Porsche AG reached a record high on Thursday. The shares rose on the Xetra trading platform by 4.2 percent to EUR 114.10. The previous record high of 112.15… Continue reading German Handelsblatt: Chart of the day: Record for shares in Porsche AG006141
Peugeot 208 is Europe’s best-seller in 2022, new car market in third straight year of decline
Peugeot 208 is Europe’s best-seller in 2022, new car market in third straight year of decline The European new car market recorded another year-on-year decline in 2022. According to JATO Dynamics data for 30 markets (EU-26 + UK, Norway, Switzerland, and Iceland), volume totalled 11,309,310 units, down by 4.1% when compared to 2021, and the… Continue reading Peugeot 208 is Europe’s best-seller in 2022, new car market in third straight year of decline
Ferrari raises outlook after record-breaking 2022
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Ferrari raises outlook after record-breaking 2022
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Summary Companies Adjusted core profit rose 16% to 1.77 bln euros last year Forecasts EBITDA of 2.13 bln to 2.18 bln euros in 2023 Says orders for Purosangue four-seater are beyond expectations MILAN, Feb 2 (Reuters) – Ferrari (RACE.MI) expects “even stronger” results this year, it said on Thursday after reporting a 16% jump in… Continue reading Untitled
@Ferrari: Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023000287
Total shipments of 13,221 units, up 18.5% versus FY 2021 Net revenues of Euro 5,095 million, up 19.3% versus prior year EBITDA(1) of Euro 1,773 million, up 15.8% versus prior year EBIT of Euro 1,227 million, up 14.1% versus prior year EBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the year Net profit… Continue reading @Ferrari: Ferrari – Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023000287
Beroe’s research says SBR to grow at a CAGR of 5.5 percent
RALEIGH, N.C., Feb. 1, 2023 /PRNewswire/ — The global Styrene-butadiene Rubber (SBR) market is anticipated to grow at a CAGR of 5–5.5 percent during 2022–2025, majorly driven by the automotive tire industry. Historically, E-SBR was more popular than S-SBR due to its superior processing properties. However, the increasing global need for high-performance tires, which increase fuel efficiency,… Continue reading Beroe’s research says SBR to grow at a CAGR of 5.5 percent
GM salaried workers should expect smaller bonuses: How formula works
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading GM salaried workers should expect smaller bonuses: How formula works
GM to pay some UAW hourly workers record $12,750 in profit-sharing
As a result of General Motors’ yearly gains in profits, about 42,300 U.S. hourly workers will receive a profit-sharing check of up to $12,750, GM spokesman David Caldwell said Tuesday. The before-taxes payout for its UAW-represented workforce is an increase from $10,250 paid out in 2021 and about $9,000 in 2020. It is a record payout,… Continue reading GM to pay some UAW hourly workers record $12,750 in profit-sharing
Geely’s Lotus going public via SPAC at $5.4 billion valuation
Lotus Technology, the electric-car maker owned by China’s Zhejiang Geely Holding Group Co., agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4 billion. L Catterton Asia Acquisition Corp. will combine with the EV making subsidiary of the British carmaking group that Geely acquired back in 2017,… Continue reading Geely’s Lotus going public via SPAC at $5.4 billion valuation