Washington — The Biden administration plans to cut vehicle fuel consumption almost in half by 2035, according to new proposed Corporate Average Fuel Economy standards released Friday by the U.S. Department of Transportation’s National Highway Traffic Safety Administration. The rules would once again increase fuel efficiency, pushing car companies to meet an estimated 58 miles… Continue reading NHTSA proposes cutting fuel use almost in half by 2035
Tag: Strategy
Volkswagen Group reports solid H1 result, strengthens strategic position in China
A Volkswagen employee works on an assembly line in Chengdu, Sichuan province, in December. WANG QIN/FOR CHINA DAILY BERLIN – The Volkswagen Group achieved “solid results” in the first half (H1) of 2023 and is strengthening its strategic position in China, Germany’s leading carmaker said on Thursday. In H1 2023, revenues of the group grew… Continue reading Volkswagen Group reports solid H1 result, strengthens strategic position in China
Volkswagen Group to strengthen cooperation with Chinese partners on EV market
A Volkswagen charging station is displayed at the Auto Shanghai show, in Shanghai, China, on April 18, 2023. [Photo/Agencies] FRANKFURT, Germany – The Volkswagen Group, Germany’s leading carmaker, said on Wednesday that it aims to strengthen cooperation with local Chinese partners to exploit the booming electric vehicle market. The company is acquiring a 4.99 percent… Continue reading Volkswagen Group to strengthen cooperation with Chinese partners on EV market
@VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007634
27/07/2023 More than 6,200 pioneers joined the Porsche China Innovation Open Day to celebrate the pioneering spirit of Porsche and witness the achievements of Porsche China Innovation Office at its 5th anniversary. China, a market of inspiration and an engine of innovation As Porsche marks its 75th anniversary, Michael Kirsch, President & CEO of Porsche… Continue reading @VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007634
@VW Group: Porsche AG continues positive business development in first half-year007633
26/07/2023 Porsche continued its positive business development in the first half-year of 2023. In the first six months of the year, the sports car manufacturer posted significant gains in Group sales revenue as well as Group operating profit. Sales revenues rose by 14.0 per cent to 20.43 billion euros. The operating profit rose by 10.7… Continue reading @VW Group: Porsche AG continues positive business development in first half-year007633
@Renault-Nissan-Mitsubishi: Renault and Nissan conclude definitive agreements
PARIS and YOKOHAMA (July 26, 2023) – Renault Group and Nissan Motor Co., Ltd today announced that they have entered into the definitive agreements contemplated by the binding framework agreement executed and announced on February 6, 2023. The transactions contemplated in these definitive agreements are subject to a limited number of conditions precedent, including regulatory… Continue reading @Renault-Nissan-Mitsubishi: Renault and Nissan conclude definitive agreements
The Meta ‘Super Rumble’ game is the first of many next-gen Horizon Worlds VR titles
Meta has reportedly rebuilt the platform’s infrastructure to enable better graphics and more complex games. Meta has just launched a new game for Horizon Worlds called Super Rumble, and it’s unlike any other game released for the social VR application. Previously known as Titanborne in beta, Super Rumble is the the first game out of… Continue reading The Meta ‘Super Rumble’ game is the first of many next-gen Horizon Worlds VR titles
Dana Incorporated (NYSE:DAN) Q2 2023 Earnings Call Transcript
Dana Incorporated (NYSE:DAN) Q2 2023 Earnings Call Transcript July 28, 2023 Dana Incorporated misses on earnings expectations. Reported EPS is $0.08 EPS, expectations were $0.17. Operator: Good morning, and welcome to Dana Incorporated’s Second Quarter 2023 Financial Webcast and Conference Call. My name is Josh, and I’ll be your conference facilitator. Please be advised that… Continue reading Dana Incorporated (NYSE:DAN) Q2 2023 Earnings Call Transcript
Q2 2023 Dana Inc Earnings Call
Participants Craig Barber; Senior Director of IR & Strategic Planning; Dana Incorporated James K. Kamsickas; Chairman, President & CEO; Dana Incorporated Timothy R. Kraus; Senior VP & CFO; Dana Incorporated Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division Dan Meir Levy; Senior Analyst; Barclays Bank PLC, Research Division Emmanuel Rosner; Director… Continue reading Q2 2023 Dana Inc Earnings Call
Mahindra to reveal Scorpio N pickup concept on August 15 in South Africa
Mahindra & Mahindra (M&M) has announced plans to unveil a brand-new pickup concept on August 15, at Cape Town in South Africa and has issued a teaser video of the same. The Scorpio N pickup concept reveal is part of M&M’s ‘Go Global’ strategy, which will also see the company take the covers off the Mahindra… Continue reading Mahindra to reveal Scorpio N pickup concept on August 15 in South Africa