Good Morning to all our shareholders! A very warm welcome from BMW Welt in Munich. The Annual General Meeting is the most important event of the year for us. It is where we answer to you – the owners of BMW AG – and show you where your company is headed. All members of the… Continue reading @BMW: Statement and Presentation by Oliver Zipse, Chairman of the Board of Management of BMW AG, 101st Annual General Meeting of BMW AG in Munich on 12th May 2021001124
Tag: Financial Results
Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation
Travis VanderZanden, founder and CEO of Bird, commented: “Bird was founded with the mission to provide environmentally friendly transportation for everyone. Since 2017, we have driven adoption of micromobility which has resulted in rapid growth. During this time, we have advanced our operating model, supported by proprietary technology and hardware, to scale our mission and reach… Continue reading Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation
German Handelsblatt: Annual General Meeting: BMW electric strategy in the criticism: “A half-hearted commitment to e-mobility is not enough” 002066
BMW boss Oliver Zipse In the future, the CEO will focus on more sustainability in production. (Photo: dpa) Munich The BMW Group wants to significantly reduce the consumption of resources in the future. The CEO Oliver Zipse announced on Wednesday at the virtual general meeting: “We have to align our vehicles with sustainability from the… Continue reading German Handelsblatt: Annual General Meeting: BMW electric strategy in the criticism: “A half-hearted commitment to e-mobility is not enough” 002066
China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
WUHAN, China, May 12, 2021 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Net sales rose 77.0% to $130.3 million from $73.6 million in… Continue reading China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
@niche: Workhorse’s Q1 Revenue Jumps, 2021 Production Target Lowered000882
Bloomberg After $260 Billion Slide, Alibaba Aims to Show the Worst Is Over (Bloomberg) — Has the storm passed for Alibaba Group Holding Ltd.?That will be the question for executives and investors as the Chinese e-commerce giant reports earnings on Thursday in the wake of a government crackdown on co-founder Jack Ma’s empire. Profit and… Continue reading @niche: Workhorse’s Q1 Revenue Jumps, 2021 Production Target Lowered000882
@BMW: The MINI Convertible: the future is ready for it.001122
Munich. Electrification, the conquest of new target groups and a consistent customer orientation are at the heart of the realignment with which the British premium brand MINI is setting the course for its future model range. Following the announcement of a new generation of the brand’s purely electric small cars, another decision has now been… Continue reading @BMW: The MINI Convertible: the future is ready for it.001122
Vizio makes nearly as much money from ads and data as it does from TVs
Vizio is finally a public company, after its 2015 plan for an IPO was derailed during a messy acquisition attempt from LeEco that eventually fell apart. Issuing its first public earnings report earlier today, the company revealed that in the first three months of 2021, profits from its Platform+ business — the part that sells… Continue reading Vizio makes nearly as much money from ads and data as it does from TVs
02:44 ETDana Launches €325 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that its wholly-owned subsidiary, Dana …
MAUMEE, Ohio, May 11, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., is proposing to issue €325 million aggregate principal amount of senior unsecured notes due 2029 (the “2029 Notes”) in a private offering that is exempt from the registration requirements of the Securities… Continue reading 02:44 ETDana Launches €325 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that its wholly-owned subsidiary, Dana …
Schaeffler and Siemens to cooperate on intelligent diagnostics for drive systems
2021-05-11 | Schweinfurt Together with Siemens Large Drives Applications, Schaeffler is advancing the digitization of industry with a focus on customer benefits Digital service for automated bearing diagnostics from Schaeffler is now integrated into Siemens’ IIoT platform Sidrive IQ Bearing condition’s analysis results as part of overall motor health status support informed operation and maintenance… Continue reading Schaeffler and Siemens to cooperate on intelligent diagnostics for drive systems
Daimler raises profit outlook, sees potential Q2 sales hit from chip shortage
Mercedes-Benz car maker Daimler AG (DAIGn.DE) on Friday raised its profit outlook for 2021, but said the global semiconductor chip shortage may continue to impact sales in the second quarter. Daimler said it assumed there would be some recovery in chip availability in the second half of this year but there was limited visibility at… Continue reading Daimler raises profit outlook, sees potential Q2 sales hit from chip shortage