About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Best-Selling Automaker in Q4; Becomes No. 2 for Electric Vehicle Sales for 2021; F-Series Best-Selling Truck for 45th Year In Row and Best-Selling Vehicle for 40th straight year; SUV Share Expands
Tag: Financial Results
@Tata-JLR: Why we invested in Bumper, the UK’s leading ‘Buy Now Pay Later’ payment provider for car repairs
InMotion Ventures has participated in a $12m Series A round for Bumper, a UK-based startup providing buy now pay later (BNPL) services for car repair financing. The round was led by Autotech Ventures and we are joined by Porsche Ventures. Louis Fearn, Associate at InMotion Ventures, explores why we invested. Market Landscape: Buy Now Pay… Continue reading @Tata-JLR: Why we invested in Bumper, the UK’s leading ‘Buy Now Pay Later’ payment provider for car repairs
BorgWarner Sells Water Valley, Mississippi Facility to Atar Capital
– Divestiture consistent with BorgWarner’s Charging Forward Strategy AUBURN HILLS, Mich., Jan. 5, 2022 /PRNewswire/ — BorgWarner Inc. (“BorgWarner”) has sold its Water Valley, Mississippi facility to Atar Capital. The sale is consistent with Project Charging Forward, BorgWarner’s accelerated electrification strategy which the Company announced in March 2021. Outlined in this strategy is a target… Continue reading BorgWarner Sells Water Valley, Mississippi Facility to Atar Capital
Volvo Cars December sales drop as chip shortage persists
The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf/File Photo Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, Jan 5 (Reuters) – Volvo Car Group’s (VOLCARb.ST) sales fell 18.1% in December pressured by… Continue reading Volvo Cars December sales drop as chip shortage persists
Amazon and Stellantis partner to deploy smarter cars, cleaner vans
Jan 5 (Reuters) – Amazon.com Inc and Stellantis NV (STLA.MI) said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry, and could help Stellantis… Continue reading Amazon and Stellantis partner to deploy smarter cars, cleaner vans
@BMW: BMW of North America Reports Q4 2021 and Full Year 2021 U.S. Sales Results001670
WOODCLIFF LAKE, N.J.–(BUSINESS WIRE)–BMW of North America today reported Q4 2021 and full year 2021 sales results for the BMW and MINI brands in the U.S. BMW Brand In the fourth quarter of 2021, BMW brand sales in the U.S. totaled 93,031 vehicles, a 5.8% decrease from the 98,750 vehicles sold in the fourth quarter… Continue reading @BMW: BMW of North America Reports Q4 2021 and Full Year 2021 U.S. Sales Results001670
@FCA: FCA US Reports Fourth-quarter and Full-year 2021 Sales Results
January 4, 2022 , Auburn Hills, Mich. – FCA US LLC had sales of 411,513 vehicles in the fourth quarter and 1,777,394 vehicles for 2021 as its dealer network continues its flexibility in offsetting market conditions caused by the chip shortage and the COVID-19 pandemic. Overall, total U.S. sales for the fourth quarter declined 18% while full-year… Continue reading @FCA: FCA US Reports Fourth-quarter and Full-year 2021 Sales Results
Mitsubishi Motors Reports Strong Fourth Quarter, Full-Year Sales Success
MMNA’s flagship vehicle, the all-new 2022 Outlander, which launched on Amazon Live in February 2021, led the brand’s sales success. Outlander started the fourth quarter strong, with retail October sales representing a best-ever October. The vehicle went on to post its best-ever retail monthly sales performance in the 20-year history of the nameplate in December,… Continue reading Mitsubishi Motors Reports Strong Fourth Quarter, Full-Year Sales Success
@Tata: Tata Motors registered total sales of 1,99,633 units in Q3 FY22 Grows by 26% ove ..000337
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CY Vision and BMW Engineers Working Together on a New Approach to AR Technology
SAN JOSE, Calif., Jan. 4, 2022 /PRNewswire/ — CY Vision (www.cyvision.com) and BMW Group engineers are working together to explore the use of CY Vision’s computational holographic technology in future cars. This technology projects images at multiple image distances with depth of field to create compelling augmented reality (AR) experiences. The engineers are examining new approaches… Continue reading CY Vision and BMW Engineers Working Together on a New Approach to AR Technology