Tag: Financial Results

March decline for UK car manufacturing as industry repeats call for continued membership of customs union

147,471 cars roll off UK production lines in March, down -13.3% on same month in 2017. Output for home market falls for eighth consecutive month, by -17.7%, with exports also dropping -11.9%. Q1 manufacturing down -6.3% year on year to 440,426 units, with eight in 10 shipped overseas. SMMT restates need to maintain frictionless UK-EU… Continue reading March decline for UK car manufacturing as industry repeats call for continued membership of customs union

(LEAD) Hyundai Q1 net plunges 48 pct on strong won, weak sales

(ATTN: CHANGES headline and lead; ADDS details throughout) SEOUL, April 26 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday its first-quarter net profit plunged 48 percent on the strong won and weak sales in two major markets. Net profit for the three months ending March 31 fell to 731.6 billion… Continue reading (LEAD) Hyundai Q1 net plunges 48 pct on strong won, weak sales

UPDATE 3-Ford accelerates cost-cutting plan, will drop most U.S. sedans

DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than previously announced, which includes dropping traditional sedan models in North America that have become increasingly unpopular with consumers. FILE PHOTO: A Ford worker inspects paint work on the body of a… Continue reading UPDATE 3-Ford accelerates cost-cutting plan, will drop most U.S. sedans

Ford Delivers First Quarter $1.7B Net Income, $2.2B Adj. EBIT; Fitness Actions Improve 2020 Outlook

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Delivers First Quarter $1.7B Net Income, $2.2B Adj. EBIT; Fitness Actions Improve 2020 Outlook

Press release – Q1 2018 Sales

Consolidated sales up 3% to 4.9 billion euros in first-quarter 2018 Jacques Aschenbroich, Valeo’s Chairman and Chief Executive Officer, commented: “In line with the medium-term growth plan presented in London in February 2017, Valeo’s organic growth will accelerate in 2018 and 2019, supported by our order intake, especially in the fields of vehicle electrification and… Continue reading Press release – Q1 2018 Sales

Bosch expects to invoice up to 3% more in 2018, exceeding 80,400 million

Posted 04/25/2018 13: 36: 38CET The company confirms the results advanced in January, with a turnover of 78,100 million in 2017 MADRID, Apr. 25 (EUROPA PRESS) – The Bosch Group expects its turnover to grow between 2% and 3% in 2018, exceeding 80,400 million euros, after achieving record results in 2017 and despite economic and… Continue reading Bosch expects to invoice up to 3% more in 2018, exceeding 80,400 million

Diesel death prevented ?: Bosch technology pushes emissions far below limits

All articles and backgrounds 04/25/2018 Diesel death prevented? Bosch technology pushes emissions far below limits AP New Bosch technology: Nitrogen oxide emissions are set to drop to 120 milligrams by 2020 – according to Bosch, Bosch is now producing 13 milligrams The world’s largest automotive supplier Bosch does not want to give up the diesel… Continue reading Diesel death prevented ?: Bosch technology pushes emissions far below limits

Car: Every second Volvo should have from 2025 pure electric drive

Volvo wants to sell in the year 2025 half of all vehicles with a purely electric drive. Starting in 2019, a mild hybrid, a plug-in hybrid or a purely battery-electric vehicle is to be offered in each new series presented. April 25, 2018, 8:48 am, Andreas Donath For Volvo, the future is China and the… Continue reading Car: Every second Volvo should have from 2025 pure electric drive