Police are calling an explosion Thursday evening at the Chrysler minivan plant in Windsor, Ontario, an “intentional act” and are asking members of the public for any information they may have. No injuries were reported after the explosion at 5:45 p.m. in a vacant second-floor storage area on the west side of the plant, and there was… Continue reading Blast at Chrysler plant in Windsor an ‘intentional act,’ police say
Tag: FCA
China Automotive Systems to Announce Unaudited 2021 Third Quarter Financial Results on November 12, 2021
WUHAN, China, Nov. 5, 2021 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2021, on Friday, November 12, 2021, before the market opens. Management will… Continue reading China Automotive Systems to Announce Unaudited 2021 Third Quarter Financial Results on November 12, 2021
EV Technology Group announces strategic investment in MOKE International Limited
Other investors include the filmmaker Matthew Vaughn and the people behind brands including Vilebrequin and Fiat Chrysler ZUG, Switzerland, Nov. 4, 2021 /PRNewswire/ — EV Technology Group Inc. (“EVT”) has announced that it has made a strategic lead investment in MOKE International Limited (“MIL”), the official producer of MOKE vehicles since 2015 when it acquired… Continue reading EV Technology Group announces strategic investment in MOKE International Limited
Autos & TransportationU.S. Democrats’ plan boosts EV tax credit eligibility to pricier trucks, SUVsNovember 3, 2021
Electric cars sit charging in a parking garage at the University of California, Irvine January 26, 2015. REUTERS/Lucy Nicholson/File Photo WASHINGTON, Nov 3 (Reuters) – Democrats in the U.S. House of Representatives released an updated social spending and climate measure on Wednesday that expands a proposed $12,500 tax credit to pricier zero-emission vehicles, while lowering… Continue reading Autos & TransportationU.S. Democrats’ plan boosts EV tax credit eligibility to pricier trucks, SUVsNovember 3, 2021
Autos & TransportationFord Motor to require most of its 32,000 U.S. salaried employees be vaccinatedNovember 3, 2021
Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay/File Photo WASHINGTON, Nov 3 (Reuters) – Ford Motor(F.N) will require most of its 32,000-strong U.S. salaried workforce to be vaccinated by Dec. 8. The second largest U.S. automaker said on Wednesday more than 84% of U.S. salaried employees already… Continue reading Autos & TransportationFord Motor to require most of its 32,000 U.S. salaried employees be vaccinatedNovember 3, 2021
Biden’s EV subsidy plan draws ire of Japan and European automakers
NEW YORK/WASHINGTON — Japanese and European automakers have cried foul over Washington’s plans to subsidize electric vehicles made by union labor, declaring that the treatment would amount to a two-tiered system favoring a select group of manufacturers. The Biden administration and Democratic lawmakers look to finalize a scheme that would grant a $4,500 tax credit… Continue reading Biden’s EV subsidy plan draws ire of Japan and European automakers
Waymo self-driving vehicles will begin mapping NYC’s streets
Waymo’s self-driving cars will make an appearance in New York City on Thursday, but don’t expect to hail a robotaxi in the Big Apple anytime soon — or ever. The company is a long way from testing or launching its autonomous vehicles commercially in the city. Instead, Waymo announced plans to manually drive its vehicles… Continue reading Waymo self-driving vehicles will begin mapping NYC’s streets
@Ferrari: Ferrari, Double Digit Growth, on the Way to Another Record Year000172
Total shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019 Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019 EBITDA(1) of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019.EBITDA(1) margin of 35.2% in Q3 2021. EBIT… Continue reading @Ferrari: Ferrari, Double Digit Growth, on the Way to Another Record Year000172
@Ferrari: Double digit growth, on the way to another record year000172
Benedetto Vigna, CEO of Ferrari, commented: “The strong third quarter results are an important step forward towards the upward revised 2021 guidance. The exceptional client relationships, fundamental in achieving the double digit growth in this quarter and year to date, are reflected in the record order intake worldwide, particularly in China and USA. These results… Continue reading @Ferrari: Double digit growth, on the way to another record year000172
Ferrari, Double Digit Growth, on the Way to Another Record Year
Total shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019 Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019 EBITDA(1) of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019.EBITDA(1) margin of 35.2% in Q3 2021. EBIT… Continue reading Ferrari, Double Digit Growth, on the Way to Another Record Year