This may be the year in which so many new Chinese car brands finally hit UK showrooms. Within a soup that has been augmented with new ingredients only rarely over the years, we will rather suddenly have Jaecoos, Havals, Leapmotors, Xpengs, IMs and more to get to know. We will need to work out what… Continue reading Chinese cars have caught up with European ones
Tag: Geely
Adient Q1 Earnings Surpass Expectations, FY25 Sales View Cut
Adient ADNT reported adjusted earnings per share (EPS) of 27 cents for the first quarter of fiscal 2025. Earnings fell from 31 cents recorded in the year-ago period but surpassed the Zacks Consensus Estimate of 24 cents. The company generated net sales of $3.5 billion, which decreased 5% year over year but beat the Zacks Consensus… Continue reading Adient Q1 Earnings Surpass Expectations, FY25 Sales View Cut
GM’s 100-year-old China business can’t keep up with the EV boom there
Mary Barra, CEO of General Motors, got a question at a recent panel that almost every auto CEO has grappled with in the past year: Why is your company doing so poorly in China? Less than a decade ago, China was an easy source of cash for GM, an “automatic” $2 billion-a-year dividend for investors,… Continue reading GM’s 100-year-old China business can’t keep up with the EV boom there
@Geely-Volvo: Volvo Cars takes full ownership of Novo Energy
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Retailer stress impacting auto sales in China, says Tata Motors
Tata Motors acknowledges the headwinds facing the Chinese auto market, citing financial stress among retailers as a key factor impacting the industry. However, the company remains optimistic about a recovery in the coming quarters, while highlighting strong growth in other markets, particularly the United States. “The China demand situation is more influenced by some retailers’… Continue reading Retailer stress impacting auto sales in China, says Tata Motors
Volvo to upgrade new cars with enhanced UX, Snapdragon, Plug & Charge technology
Volvo has announced a series of new technology focused upgrades that will roll out to several vehicles in its lineup, including the XC40, EX40, EC40, S60, V60, V60 Cross Country, V90 and V90 Cross Country models. At the height of these upgrades is a new-generation user experience and Qualcomm’s Snapdragon Cockpit Platform. Volvo highlighted that,… Continue reading Volvo to upgrade new cars with enhanced UX, Snapdragon, Plug & Charge technology
Forsman & Bodenfors Welcomes Industry Trailblazer Justine Armour as Global Chief Creative Officer
New creative leader brings close to three decades of culture-defining experience to role LONDON, Jan. 29, 2025 /PRNewswire/ — One of the industry’s most lauded female creative leaders, Justine Armour is to join Forsman & Bodenfors, a part of the Stagwell (STGW) network, as the Swedish-founded creative collective’s newly appointed Global CCO. Forsman & Bodenfors is… Continue reading Forsman & Bodenfors Welcomes Industry Trailblazer Justine Armour as Global Chief Creative Officer
Volvo Group – the fourth quarter and full year 2024
GOTHENBURG, Sweden, Jan. 29, 2025 /PRNewswire/ — “For the full year 2024, net sales amounted to SEK 526.8 billion (552.3) and the adjusted operating income to SEK 65.7 billion (78.2), with an adjusted operating margin of 12.5% (14.0). Return on capital employed in the Industrial Operations was strong at 35.8% (36.7). We also generated a strong… Continue reading Volvo Group – the fourth quarter and full year 2024
BMW iX facelift brings 426 miles of range for £92k
The BMW iX, the Munich firm’s tech-laden electric flagship, has received a major update with substantial power upgrades and an increase in efficiency that boosts its range to 426 miles. Due to reach the UK in May, with pricing starting from £74,400, the new version of the Audi Q8 E-tron and Volvo EX90 rival has received only a… Continue reading BMW iX facelift brings 426 miles of range for £92k
Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist
Arora said, “Budget allocation on facilitating the EV ecosystem like charging infrastructure will give further lift to sustainable mobility. Allocating a budget for better and safe road infrastructure will facilitate the growth of the auto industry.” Automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels… Continue reading Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist