@BMW: BMW Financial Services Announces the Launch of BMW Motorrad Extended Service Contracts.001359

Woodcliff Lake, NJ – August 5, 2021…BMW Motorrad USA and BMW Financial Services are proud to announce the launch of a new Extended Service Contract for BMW motorcycle and scooter riders. The ESC Extended Service Contract gives the rider peace of mind after their BMW New Vehicle Limited Warranty comes to an end. BMW Motorrad ESC… Continue reading @BMW: BMW Financial Services Announces the Launch of BMW Motorrad Extended Service Contracts.001359

World NM: GM’s Chevy Bolt recall comes with a huge price tag001431

New York (CNN Business)General Motors’ very expensive Chevy Bolt recall highlights one big risk of building electric vehicles. The challenge for the Bolt and other electronic vehicles is that the large batteries are by far the most expensive component — so replacing the battery is comparable to replacing the entire engine in a traditional car.… Continue reading World NM: GM’s Chevy Bolt recall comes with a huge price tag001431

@GM: GM Reports Strong Second-Quarter 2021 Results August 4, 2021

DETROIT – General Motors Co. (NYSE: GM) today reported strong second-quarter earnings while continuing to accelerate its EV and AV growth initiatives. The company successfully prioritized production of its highest demand vehicles, gained significant retail market share in the full-size pickup segment in the United States and benefited from strong pricing and mix. Additionally, high… Continue reading @GM: GM Reports Strong Second-Quarter 2021 Results August 4, 2021

Uber shares fall despite revenue beat as its core operations continue to lose money

The company reaffirmed Q4 adjusted profit target, swung to positive net income thanks to investments Alex Wilhelm Kirsten Korosec 8 hours Today after the bell U.S. ride-hailing giant Uber reported its second-quarter financial results. The company’s numbers come a day after its domestic rival, Lyft, shared its own Q2 earnings. Notably while Lyft managed to… Continue reading Uber shares fall despite revenue beat as its core operations continue to lose money

Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook DETROIT, Aug 4 (Reuters) – General Motors Co’s (GM.N) pickup trucks are hauling in cash through the global semiconductor shortage and a resurgent pandemic, but investors on… Continue reading Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

First Production-ready Battista Prepared For World Debut At Monterey Car Week

Inside, the first production-spec model to emerge from the Cambiano atelier facility in Italy, features black sustainable luxury leather with striking Iconica Blu contrast stitching and quilted Pilota seats in Iconica Blu Alcantara. The seats feature Pilota Carbon Components finished in black exposed signature carbon coordinating with the striking exterior. Monterey Car Week will also… Continue reading First Production-ready Battista Prepared For World Debut At Monterey Car Week

AAM Reports Second Quarter 2021 Financial Results

  AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective… Continue reading AAM Reports Second Quarter 2021 Financial Results

@Renault: Renault Group: H1 2021 Financial Results000265

PRESS RELEASEJULY 30, 2021 2021 first half results Renault Group is ahead of its « Renaulution » plan Renault Group should achieve its target of €2 billion cash fixed cost reductions one year ahead of schedule: €1.8 billion have already been achieved of which €0.6 billion during this first half compared to 2019. Strong positive net price… Continue reading @Renault: Renault Group: H1 2021 Financial Results000265

Analysis-Tesla hikes electric car prices in U.S.; holds line in China

(Reuters) – Tesla Inc showed signs this week of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S.… Continue reading Analysis-Tesla hikes electric car prices in U.S.; holds line in China

GM recalls Bolt EVs again because some batteries may pose fire risk

General Motors is recalling tens of thousands of Chevrolet all-electric Bolt hatchbacks for the second time in less than a year because of a potential fire risk.  The company made the move on Friday after two Bolts caught fire without impact recently. GM is confirming that at least one of the Bolt fires was battery-related and happened… Continue reading GM recalls Bolt EVs again because some batteries may pose fire risk