UK’s unique low volume and specialist vehicle sector is world’s most diverse according to new report. Companies nationwide make everything from 250mph hypercars to wheelchair accessible taxis. Sector turns over some £4bn annually and employs more than 15,000 people in highly-skilled, well paid roles. Industry calls for government to support specific needs of these manufacturers… Continue reading UK’s specialist vehicle sector most varied in the world
Tag: Financial Results
@VW Group: Volkswagen Group more than doubles deliveries of all-electric vehicles in first half year003519
The Volkswagen Group has continued its successful electric offensive in the first half of 2021. The following new BEV models were launched in this period: Volkswagen ID.4, Volkswagen ID.6, ŠKODA Enyaq iV, Audi Q4 e-tron, Audi Q4 Sportback e-tron, Audi e-tron GT and Porsche Taycan Cross Turismo. In total, 170,939 BEV models were delivered throughout… Continue reading @VW Group: Volkswagen Group more than doubles deliveries of all-electric vehicles in first half year003519
Make in India and the PLI schemes will make India a manufacturing powerhouse: ET-ILC Members
The PLI scheme, as its name reflects, is meant to provide companies incentives on incremental sales from products manufactured in domestic units. “The Make in India campaign by the Government has given manufacturing an impetus and the investments made in infrastructure, healthcare, electronics, amongst others, are already bearing fruit. This will help India being seen… Continue reading Make in India and the PLI schemes will make India a manufacturing powerhouse: ET-ILC Members
Patchy monsoon rain raises growth and inflation worries in India
The monsoon’s progress in the coming weeks holds the key to farm incomes and rural demand at a time when manufacturing and services sectors have suffered due to the coronavirus pandemic. Agriculture accounts for about 18% of India’s economy. Poor monsoon showers are threatening India’s nascent economic recovery and could make food even more expensive… Continue reading Patchy monsoon rain raises growth and inflation worries in India
Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 866 world-class investment firms that we track and now have access to the collective wisdom contained in… Continue reading Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds
Autoliv, inc (ALV) Q2 2021 Earnings Call Transcript
Motley Fool 2 Hypergrowth Stocks That Will Be Hurt by Reopening After various degrees of economic lockdowns around the world, economies are beginning to reopen. Countries that were early in getting access to vaccines were the quickest to reopen economies and remove mobility restrictions. The effectiveness of the vaccines, the rapid pace of vaccine administration,… Continue reading Autoliv, inc (ALV) Q2 2021 Earnings Call Transcript
GM planning electric GMC pickup as part of $35 billion EV push
New Delhi: General Motors Co. is developing an electric pickup for its premium GMC truck and sport utility brand. The Detroit automaker’s EV plans will accelerate later this year as a Hummer pickup and Cadillac Lyriq sport utility vehicle begin rolling off its production lines, the company confirmed Monday. An electric Chevy Silverado pickup also… Continue reading GM planning electric GMC pickup as part of $35 billion EV push
Velodyne Lidar CEO resigns in latest internal drama
Velodyne Lidar CEO Anand Gopalan is leaving the lidar company at the end of July as the sensor supplier continues to struggle with internal drama. Gopalan, who was previously CTO, is leaving the top leadership position after about a year and a half on the job. Velodyne said Monday in a statement that a team… Continue reading Velodyne Lidar CEO resigns in latest internal drama
@Ferrari: Ferrari to announce second quarter 2021 financial results on August 2000138
Maranello (Italy), July 19, 2021 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the second quarter of 2021 will be released on Monday, August 2, 2021. A live audio webcast and conference call of the 2021 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00… Continue reading @Ferrari: Ferrari to announce second quarter 2021 financial results on August 2000138
Relief to small companies: Relaxations in compliance with accounting standards
These amendments follow the recent changes made by the government to the Micro, Small and Medium Enterprises Development Act, 2006 wherein the upper cap of turnover for the purpose of registration was enhanced for micro, small and medium enterprises. The government, in continuation of its theme as regards ease of doing business, has increased the… Continue reading Relief to small companies: Relaxations in compliance with accounting standards