By Reuters Staff 2 Min Read FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo (Reuters) – German carmaker Daimler plans to spin-off Daimler Truck, the world’s largest truck and bus maker, to allow it to focus on zero-emission vehicles and self-driving… Continue reading Daimler to spin off trucks in shift to electric, self-driving vehicles
Tag: Strategy
Eaton Corporation PLC (ETN) Q4 2020 Earnings Call Transcript
TipRanks 2 Biotech Stocks That Could Double in 2021; Canaccord Says ‘Buy’ How can we know just where the markets are heading? The new year started with an upward trend that nearly got derailed by a flashmob from Reddit – and suddenly we’re dealing with a rise in volatility. Covering the markets for Canaccord, Chief… Continue reading Eaton Corporation PLC (ETN) Q4 2020 Earnings Call Transcript
Recap: Aptiv Q4 Earnings
TipRanks 2 Biotech Stocks That Could Double in 2021; Canaccord Says ‘Buy’ How can we know just where the markets are heading? The new year started with an upward trend that nearly got derailed by a flashmob from Reddit – and suddenly we’re dealing with a rise in volatility. Covering the markets for Canaccord, Chief… Continue reading Recap: Aptiv Q4 Earnings
Veoneer: Financial Report October – December 2020
STOCKHOLM, Feb. 3, 2021 /PRNewswire/ — Financial Summary – Q4’20 Financial performance better than expectations Net Sales $455 million, Organic Sales1 increase 17% Active Safety Net Sales increase 38%, Organic Sales increase 31% Operating cash flow $(77) million, $27 million improvement YoY Cash balance $758 million Outlook – FY’21 Organic Sales1 growth YoY is expected to… Continue reading Veoneer: Financial Report October – December 2020
EU car sales: COVID recovery expected to start in 2021, auto industry says
Brussels, 3 February 2021 – After a year that saw the sharpest drop ever in EU car sales due to the COVID-19 pandemic, the European Automobile Manufacturers’ Association (ACEA) forecasts that 2021 will mark a first step on the path to recovery, with sales rising by about 10% compared to 2020. The fallout of COVID… Continue reading EU car sales: COVID recovery expected to start in 2021, auto industry says
Exclusive: China’s FAW considers acquiring BMW partner Brilliance for about $7.2 billion – sources
By Julie Zhu 4 Min Read (Reuters) – FAW Group is looking at acquiring Brilliance China Automotive Holdings Ltd for about $7.2 billion in a two-stage deal that would see BMW’s main Chinese partner taken private, two people with direct knowledge of the matter told Reuters. FILE PHOTO: A man and a child look at… Continue reading Exclusive: China’s FAW considers acquiring BMW partner Brilliance for about $7.2 billion – sources
@Hyundai: Kia: Brand New Logo, New Brand Logo
Kia is transitioning to a future mobility company by announcing its pursuit, logo, and brand slogan. And through these, here are Kia’s brand orientation and strategy examined. Kia Motors has changed its name, the logo that symbolizes the company, and the slogan that represents the brand’s identity – hence just ‘Kia’. This change is part… Continue reading @Hyundai: Kia: Brand New Logo, New Brand Logo
@VW Group: Even more boost for the Volkswagen electric offensive: World car ID.4 now on the way to the world markets
Volkswagen’s electric offensive continues to gain momentum: Following the presales of the special edition ID.4 1ST that have already taken place, presales of additional ID.4 models will now also start by mid-February in around 30 European countries including Germany, as well as in the USA. Deliveries to customers are to begin as soon as March… Continue reading @VW Group: Even more boost for the Volkswagen electric offensive: World car ID.4 now on the way to the world markets
SKF Year-end report 2020
GOTHENBURG, Sweden, Feb. 2, 2021 /PRNewswire/ — Alrik Danielson, President and CEO: “I would like to thank everyone in SKF for contributing to making 2020 the year in which we delivered on our strategy in earnest, a fact which is reflected in yet another very strong set of results, not least during the fourth quarter.… Continue reading SKF Year-end report 2020
World NM: Ford cars will run on Google’s Android starting in 2023000814
Ford and Google have announced a six-year strategic partnership under which vehicles from the brand, including Lincoln models, will run Android starting 2023. The new partnership will give millions of Ford cars access to Google’s suite of services like Google Maps and Google Assistant. The partnership will also mean Ford will employ Google Cloud as… Continue reading World NM: Ford cars will run on Google’s Android starting in 2023000814