Peugeot maker PSA says strong rebound underway

PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) delivered a profit in the first half of the year even as the COVID-19 pandemic hit revenue and said a strong sales rebound in June had extended into July. FILE PHOTO: An assembly line is seen after PSA Peugeot Citroen shut down last month due to the… Continue reading Peugeot maker PSA says strong rebound underway

Peugeot Maker PSA Sticks to Outlook Despite Virus Drag – Yahoo Finance

(Bloomberg) — PSA Group held on to its financial outlook after generating a profit during the first half of the year, suggesting the French automaker has weathered the coronavirus pandemic better than feared. The company posted net income of 595 million euros ($698 million) even as lockdowns hammered vehicle sales in some of its biggest… Continue reading Peugeot Maker PSA Sticks to Outlook Despite Virus Drag – Yahoo Finance

Peugeot maker PSA reaffirms margin goal after first half sales slide

FILE PHOTO: An assembly line is seen after PSA Peugeot Citroen shut down last month due to the coronavirus disease (COVID-19) outbreak in Trnava, Slovakia April 17, 2020. REUTERS/Radovan StoklasaTrnava, Slovakia. REUTERS/Radovan Stoklasa/File Photo PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) held on to its margin target despite a fall in profitability in the… Continue reading Peugeot maker PSA reaffirms margin goal after first half sales slide

The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox.  Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It’s… Continue reading The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

Kia Motors Set To Unleash Its Most Powerful Midsize Sedan Ever In Groundbreaking “Live” Marketing Campaign

The campaign jumpstarts on Tuesday, July 28, at 8 p.m. ET / 5 p.m. PT with a livestream event on Twitter. Billed “Triple Threat,” the one-of-a-kind showcase will be directed by Darrin Prescott, action unit director on some of Hollywood’s most action-packed films including Baby Driver, Ford Vs. Ferrari, Drive, John Wick, Black Panther, and The… Continue reading Kia Motors Set To Unleash Its Most Powerful Midsize Sedan Ever In Groundbreaking “Live” Marketing Campaign

Road test rewind: Noble M600 – Autocar

For ride and handling, the M600 takes Noble’s already high dynamic standards to a new level. The car handles beautifully and rides as if it were gliding across the ground. Steering is well weighted and extremely accurate, with plenty of available lock when correcting a slide. And despite the monstrous thrust it has to deal… Continue reading Road test rewind: Noble M600 – Autocar

Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line

The “Automotive Automatic Transmission Market” report covers the overview of the market and presents the information on business development, market size, and share scenario. The report also emphasizes on the growth prospects of the global Automotive Automatic Transmission market for the period 2020-2024. The report covers market characteristics for each segmentation across the key regions… Continue reading Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line

Series: The digitizers of business: How the Mercedes-CTO Daimler is leading into the future

Daimler manager Sajjad Khan The Mercedes-CTO is convinced: “We should never give up our aspiration for perfection. That is our USP as made in Germany – and not just for security issues. ” (Photo: Bernhard Kahrmann for Handelsblatt) Sindelfingen colleagues describe Sajjad Khan as “positively crazy”. Finally, the Chief Technology Officer (CTO) from Daimler two… Continue reading Series: The digitizers of business: How the Mercedes-CTO Daimler is leading into the future

Report: Ford gets 1-year extension on billions in loans

CLOSE Ford has secured some additional breathing room as it tries to navigate the ongoing global financial crisis. The Dearborn automaker has gotten commitments from enough banks for a one-year extension on the bulk of revolving loans totaling about $5.35 billion, according to Reuters, which said JP Morgan was leading the effort. The news service, citing… Continue reading Report: Ford gets 1-year extension on billions in loans