Strong sales growth of 9.3% at constant currencies, significantly outperforming automotive production in all regions. in €m Q1 2017* Q1 2018 At constant currencies Automotive production** Sales 4,203 4,315 +9.3% -0.3% By region Europe North America Asia South America Rest of the World 2,108 1,177 689 169 60 2,279 1,063 742 168 63… Continue reading FIRST-QUARTER 2018 SALES
Tag: Financial Results
Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022
Japan will be the flagship market for the implementation of the Nissan Intelligent Mobility vision as part of the Nissan M.O.V.E. to 2022 midterm plan YOKOHAMA, Japan (April 20, 2018) – Nissan plans to launch three new electric vehicles and five e-POWER models in Japan by the end of fiscal 2022, the company announced today.… Continue reading Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022
Jaguar E-Pace
For an idea of the scale of ambition embodied in the new Jaguar E-Pace, consider that 80% of those who choose to buy one over, say, an Audi Q3 or BMW X1 will be new to Jaguar showrooms. ‘Conquest customers’, as they’re dispassionately known within the industry. That’s a mighty statistic even for a car… Continue reading Jaguar E-Pace
FAURECIA : STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS
https://edge.media-server.com/m6/p/a5nxrnicThe replay will be available at the same link in the afternoon.CalendarMay 15, 2018: Capital Markets Day focused on Smart Life on Board (Paris)May 29, 2018: Annual Shareholders’ Meeting (Paris)July 20, 2018: H1 2018 results announcement (before market hours)October 4-14, 2018: Faurecia’s presence at Paris Mondial de l’AutoOctober 11, 2018: Q3 2018 sales announcement (before… Continue reading FAURECIA : STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS
Peugeot boss faces toughest adversary yet in IG Metall
PARIS/FRANKFURT (Reuters) – PSA Group (PEUP.PA) boss Carlos Tavares, whose career has seen him thrash out margin-boosting labor deals for two carmakers in several countries, is now taking on Germany’s IG Metall union, which has been the undoing of many a cost cutter. FILE PHOTO: Chairman of the Managing Board of PSA Group Carlos Tavares… Continue reading Peugeot boss faces toughest adversary yet in IG Metall
News Release – Magna Opens New Body & Chassis Plant in Mexico
Please click HERE for a PDF version of the release. Facility to produce structural welded assemblies for global automakers Currently employs 400, expected growth to approximately 1,000 Gives Magna 32 facilities and more than 28,000 employees in Mexico AURORA, Ontario, April 19, 2018 (GLOBE NEWSWIRE) — Magna executives were joined by Governor Juan Manuel Carreras… Continue reading News Release – Magna Opens New Body & Chassis Plant in Mexico
UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
HAMBURG/FRANKFURT (Reuters) – German labor leaders fear Opel’s Eisenach factory could lose half its 1,800 workforce unless a deal is struck with owner PSA Group (PEUP.PA) over working conditions, amid escalating tensions between German union IG Metall and Opel’s management. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph… Continue reading UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
How Tesla and Waymo are tackling a major problem for self-driving cars: data
There’s a race happening right now that stretches from Silicon Valley to Detroit and back: who can make a self-driving car that behaves better than a human driver? It’s a far harder task than it sounded even a few years ago because human drivers know a lot — not just about their cars but about… Continue reading How Tesla and Waymo are tackling a major problem for self-driving cars: data
Amplats invests in Dutch tech company in fuel cell drive
JOHANNESBURG: Anglo American Platinum said on Wednesday it had invested an unspecified amount in High-Yield Energy Technologies (HyET), a Dutch technology company, as part of its drive to promote fuel cell vehicles which require platinum catalysts. A global push for lower-emission transport raises the prospect of weaker demand for platinum, whose biggest industrial use is… Continue reading Amplats invests in Dutch tech company in fuel cell drive
Barclays study on e-mobility: “BMW, Audi, Mercedes will fight back against Tesla”
All articles and backgrounds 04/18/2018 Barclays study on e-mobility “BMW, Audi, Mercedes will fight back against Tesla” BMW, Tesla BMW against Tesla: “The German carmaker will fight back” The British investment bank Barclays assumes that the German carmaker on the subject E-mobility their lag over the top dog Tesla Show stock market chart In the… Continue reading Barclays study on e-mobility: “BMW, Audi, Mercedes will fight back against Tesla”