2020-Jul-29 New division and change in ZF’s Board of Management: E-mobility strengthened as one of ZF’s core businesses Supervisory Board approves the foundation of a new division for electrified drivelines for passenger cars Michael Hankel retires after 17 years at ZF at the end of 2020 Stephan von Schuckmann appointed to the Board of Management… Continue reading ZF Strengthens Electrified Driveline Branch To Focus On BEVs/PHEVs
Tag: Strategy
Skoda sales down 31% in H1 2020 but still records 228m euro operating profit
Like most automakers the world over, Skoda Auto too has been impacted by the coronavirus pandemic. In the first half of 2020, the Skoda Group sold a total of 426,700 cars, down 31% year on year (January-June 2019: 620,900). The Skoda Group sales revenue was 7.55 billion euros (Rs 62,415 crore) in the first six… Continue reading Skoda sales down 31% in H1 2020 but still records 228m euro operating profit
@Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21
Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21
@Mazda: Mazda forecasts continued global sales recovery
The Mazda Motor Corporation today announced its first quarter financial and sales results, reporting global sales of 244,000 vehicles during the period 1 April to 30 June 2020. In most regions, the COVID-19 pandemic continued to have a substantial impact on our results. In Europe*, first quarter sales were down 58% year on year to… Continue reading @Mazda: Mazda forecasts continued global sales recovery
CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe
NINGDE, China, July 31, 2020 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to… Continue reading CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe
Vitesco Technologies and Padmini VNA to jointly offer BS VI powertrain tech
Vitesco Technologies and Padmini VNA Mechatronics, two leading automotive suppliers for future- oriented drives, have today signed a joint venture partnership. The new company, called PV Clean Mobility Technologies, will offer selected powertrain technologies that meet Bharat Stage VI emission standards in the Indian market. The aim is to create a strong local supplier for the… Continue reading Vitesco Technologies and Padmini VNA to jointly offer BS VI powertrain tech
@VW Group: TRATON GROUP sees first signs of business recovery in third quarter
The TRATON GROUP recorded lower unit sales, sales revenue, and earnings in the first six months of 2020 in the wake of the expected market downturn in Europe and the significant impact of the global COVID-19 pandemic. Unit sales recorded by the three brands Scania, MAN and Volkswagen Caminhões e Ônibus from January to June… Continue reading @VW Group: TRATON GROUP sees first signs of business recovery in third quarter
@VW Group: Volkswagen brand with effective crisis management in the first half of the year
Business at the Volkswagen Passenger Cars brand was significantly impacted by the global Covid-19 pandemic in the first half of 2020. However, effective countermeasures reduced the impact of the crisis. Through strict cost management the brand substantially reduced its general overhead costs, expenditures for research and development and capex year-on-year. In addition, production was strictly… Continue reading @VW Group: Volkswagen brand with effective crisis management in the first half of the year
Ford Bronco reservations surpass 150,000
The reception to Bronco 2021 — Ford’s flagship series of 4×4 vehicles that were revealed earlier this month — surpassed expectations of the company’s most optimistic initial projections, CEO Jim Hackett said in an earnings call Thursday. More than 150,000 customers have plunked down $100 to reserve a spot to order one of the vehicles,… Continue reading Ford Bronco reservations surpass 150,000
In India, a diminished Nissan bets big on a small SUV
NEW DELHI (Reuters) – By any measure, Nissan Motor Co Ltd (7201.T) has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60% over the past five years and its sole plant in the country is operating way below capacity. The Nissan Magnite Concept SUV is… Continue reading In India, a diminished Nissan bets big on a small SUV