Quarterly Total Revenues reached RMB2,848.3 million (US$409.1 million)iQuarterly Deliveries of the ES8 and the ES6 were 8,224 vehicles Full Year Total Revenues reached RMB7,824.9 million (US$1,124.0 million)Full Year Deliveries of the ES8 and the ES6 were 20,565 vehicles SHANGHAI, China, March 18, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer… Continue reading @Nio: NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results
Tag: Recalls
New Volkswagen Amarok teased with design sketch
Volkswagen has given the first image of its new Amarok pick-up, due in 2022, which is being jointly developed with Ford. The two firms agreed a wide-ranging ‘global alliance’ last year, which will commercial vehicles and electric cars. The next-generation Amarok will be the first model launched as a result of the initiative, and is… Continue reading New Volkswagen Amarok teased with design sketch
@Hyundai: Powerful, progressive and versatile: the new Kia Sorento
New Sorento sits at the heart of Kia’s comprehensive global SUV line-up Stylish, modern exterior design, with a high quality, high-tech cabin New platform accommodates hybrid and plug-in hybrid powertrains Greater levels of space and comfort and a more enjoyable drive Progressive connectivity and driver assistance features New ‘Terrain Mode’ enhances all-wheel drive capability On-sale… Continue reading @Hyundai: Powerful, progressive and versatile: the new Kia Sorento
Coronavirus places Renault back to wall
Crisis caused by coronavirus is a severe shock to the global automotive industry. For Renault, it falls at the worst time. Investors have expressed it in their own way, plunging the share price in recent weeks, with a decline of 64% since the start of the year, including -23% last week. At midday on Tuesday,… Continue reading Coronavirus places Renault back to wall
@Toyota: Toyota Builds its LCV Line-up with Launch of new Proace City Compact Van
Toyota has significantly strengthened its presence in the UK van market with the introduction of the all-new Proace City, a compact van that offers a wealth of best-in-class load-carrying capabilities and high equipment specifications for the customer who needs their business transport to double as a mobile office. At a stroke, this new compact van… Continue reading @Toyota: Toyota Builds its LCV Line-up with Launch of new Proace City Compact Van
Volvo: recall due to AEB
The manufacturer Volvo is recalling vehicles because of the autonomous emergency brake. Assistance systems can also have problems and so the manufacturer calls Volvo 736,430 models back worldwide. The autonomous emergency brake (AEB) should not work correctly. In certain situations, it does not brake as it should. Volvo’s new XC90 as the basis for autonomous… Continue reading Volvo: recall due to AEB
German industry pays cash for dependence on China
A prisoner of the Middle Kingdom: the automobile, the leading German industry, now depends more on the decisions taken in Beijing than in Berlin. Production, supplies and outlets are suspended to control the epidemic and the reopening of factories in China. China is first of all Germany’s leading supplier, with 109.7 billion euros in exports… Continue reading German industry pays cash for dependence on China
Genesis Motor America Launches Genesis Cares Job Loss Protection
“At Genesis, we pride ourselves on consistently putting our customers’ needs first,” said Mark Del Rosso, President and CEO, Genesis Motor North America. “In these uncertain times created by the coronavirus and the general anxiety experienced in communities throughout America, we wanted to step forward for our customers and help alleviate at least some of… Continue reading Genesis Motor America Launches Genesis Cares Job Loss Protection
Hyundai Relaunches Unmatched Assurance Job Loss Protection Program
“We understand the extreme uncertainty created by the coronavirus and the anxiety experienced by our customers, and wanted to tap into Hyundai’s legacy of having people’s back,” said José Muñoz, chief operating officer, Hyundai Motor Company; president and CEO, Hyundai Motor North America. “Bringing back the job loss protection program in this unprecedented time will… Continue reading Hyundai Relaunches Unmatched Assurance Job Loss Protection Program
GAC MOTOR Provides Luxury SUV GS8 on Special Offer for Russian Consumers
The GS8 is the automaker’s debut vehicle in Russia, and comes following the vehicle’s resounding popularity in other regions. Available both in front-wheel drive and all-wheel drive, the SUV houses power and performance in a spacious, sleek design, and comes equipped with GAC MOTOR’s second-generation 320T engine and third-generation Aisin 6-speed AMT. Priced starting from… Continue reading GAC MOTOR Provides Luxury SUV GS8 on Special Offer for Russian Consumers