Q2 wholesales 64,032, down 12.8% year-on-year due to chip supply, in line with guidance Revenue of £3.9 billion and pre-tax loss of £302 million Free cash outflow of £664 million, significantly better than expected £1 billion outflow Demand remains strong with record order book of more than 125k units Strong liquidity of £5.9 billion at… Continue reading @Tata-JLR: SEMICONDUCTOR SHORTAGE CONTINUES TO CONSTRAIN SALES AND PROFITABILITY IN Q2 DESPITE STRONG DEMAND
Tag: Strategy
Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers
SOUTHFIELD, Mich., Nov. 1, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has signed a definitive agreement to establish a joint venture with Shinry Technologies Co. Ltd. (300745.SZ), a China-based Tier 1 supplier of electronics for electric vehicles. The completion of the approval and registration… Continue reading Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers
LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric
November 1, 2021 LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric Open share list Share this content. Based on Google Android Automotive and Android 10, LG’s New IVI System Optimized for Convenience, Connectivity SEOUL, Nov. 1, 2021 — LG Electronics’ (LG) next-generation In-Vehicle Infotainment (IVI) system will make its debut in… Continue reading LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric
Innovation and marketing at the heart of Tesla
Listen to the audio version of the article 2 ‘of reading With sales records and a capitalization that broke the trillion dollar ceiling, Tesla deserves some reflection. The founder of Revlon taught that “in the factory we produce cosmetics, in the shop we sell hope”. At the factory, all machines are machines. But who buys… Continue reading Innovation and marketing at the heart of Tesla
German chipmaker Infineon calls for rethink of auto supply chain
SINGAPORE — German chip giant Infineon Technologies is urging automakers to rethink their “just-in-time” supply chain strategy and instead start building up stockpiles of semiconductors as the global shortage of the key components drags on. The company, a leading provider of auto-related chips, predicts the chip crunch could last through the end of next year,… Continue reading German chipmaker Infineon calls for rethink of auto supply chain
@Renault: GROUPE RENAULT RAMPS UP ITS ELECTRIFICATION STRATEGY WITH ITS REVOLUTIONARY E-TECH HYBRID TECHNOLOGY000323
Thank you for registering! We sent you a confirmation email; please click the validation link to confirm your subscription. Publication Date : Mar 5, 2020 Credits : dr ID : : 5e60cb9860467766dc3d30a6 Adoption of Wiztopic’s Blockchain Certification Platform In order to safeguard its communication, Renault Group certifies its contents with Wiztrust since February 20, 2020.… Continue reading @Renault: GROUPE RENAULT RAMPS UP ITS ELECTRIFICATION STRATEGY WITH ITS REVOLUTIONARY E-TECH HYBRID TECHNOLOGY000323
Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
@VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
Following record figures in the first half of the year, the third quarter is characterized above all by the crisis in semiconductors. After nine months, the Audi Group, in spite of the challenges, is in a respectable position overall in operating and financial terms. From January to September, the number of deliveries, revenue, operating profit,… Continue reading @VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
@BMW: Designworks Launches MATERIA: The Garden of Possibilities, Exploring the Future of Biomaterials.001554
Woodcliff Lake, NJ – October 29, 2021… Designworks, BMW Group’s strategic design consultancy, opened today MATERIA: The Garden of Possibilities — an immersive exhibit which explores the future potential of biomaterials and their possible applications in manufacturing. MATERIA serves to underscore the BMW Group’s commitment to innovation, sustainability, and circularity by exploring environmentally friendly alternative… Continue reading @BMW: Designworks Launches MATERIA: The Garden of Possibilities, Exploring the Future of Biomaterials.001554
Toyota’s new electric SUV has a solar roof and a steering yoke like Tesla
Toyota released new details about its upcoming electric compact SUV, the BZ4X, which includes an optional solar roof and a steering yoke similar to the one featured in the latest version of the Tesla Model S. The steering yoke, which Toyota describes as having a “wing-shape,” employs a steer-by-wire system, where there is no mechanical… Continue reading Toyota’s new electric SUV has a solar roof and a steering yoke like Tesla