Tag: Financial Results

German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720

Ola Källenius In addition to digitization, Källenius is fully committed to electric mobility. (Photo: dpa) Munich Daimler is changing. The Stuttgart-based carmaker is saving drastically, realigning its core business and cutting thousands of jobs in its combustion plants. Despite all the modifications, customers could still rely on the fact that all Mercedes vehicles would continue… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720

@GMD: Fri 06 Nov 2020000015

Racing version generates in excess of 1,500kg of downforce – 170% more than its weight Even lighter – racing T.50 weighs just 890kg Even more powerful – race-tuned Cosworth V12 boasts more than 700PS; ram-induction pushes output past 730PS Murray: “We’ve changed hundreds of parts to optimise the car for racing and track use” … Continue reading @GMD: Fri 06 Nov 2020000015

Magna Announces Third Quarter 2020 Results

Sales of $9.1 billion decreased 2%, compared to 4% lower global light vehicle productionRecorded non-cash impairment charges of $200 million after income taxes and loss attributable to non-controlling interests related to our investment in an equity accounted transmissions joint ventureDiluted earnings per share of $1.35, compared to diluted loss per share of $0.75 in the… Continue reading Magna Announces Third Quarter 2020 Results

@Honda: We announced financial results for FY21 2Q

FY2015 Financial Results Presentation (Amendment)[PDF : 794KB] * Summary of consolidated financial results for the fiscal year ended March 31, 2015, released on April 28, 2015, recognizing the effects of subsequent events. Please refer to the underlined items of the attached documents for details of the amendment. Go to Source

Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

AlphaVector, an Indian startup has announced the launch of its first e-bicycle in India – Meraki by Ninety One. Launched at a price of 29,999, the e-bicycle requires no license and is aimed at the growing e-bike market in India. AlphaVector has set foot into the global e-bicycle market which is touted to cross $38.6 billion in 2025. According… Continue reading Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

Press release – Q3 2020 Sales

Financial Results | 27 Oct, 2020 | 5 min Third-quarter sales of 4.4 billion euros   Original equipment sales performance in line with the market   Full-year outperformance of around 5 percentage points confirmed   AAA rating from ESG rating agency MSCI   Financial objectives revised upward: EBITDA margin(1) representing more than 12% in the… Continue reading Press release – Q3 2020 Sales

@GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

DETROIT — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven by its agility, and strong and growing franchises. Despite the COVID-19 pandemic, the company continued to invest in its electric vehicle and autonomous vehicle growth initiatives, launched an all-new portfolio of full-size Chevrolet, GMC and Cadillac sport utility vehicles, and maintained leading U.S.… Continue reading @GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

Verra Mobility Announces Third Quarter 2020 Financial Results

MESA, Ariz., Nov. 5, 2020 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the three and nine months ended September 30, 2020. “We are very pleased with the Company’s performance in the third quarter, including modest signs of improvement in Commercial Services, continued strength in… Continue reading Verra Mobility Announces Third Quarter 2020 Financial Results

Uber: Uber Announces Results for Third Quarter 2020

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2020. Financial Highlights for Third Quarter 2020 Gross Bookings declined to $14.7 billion, down 10% year-over-year, or 8% on a constant currency basis, with Mobility Gross Bookings declining 50% and Delivery Gross Bookings growing 135% year-over-year, respectively, on… Continue reading Uber: Uber Announces Results for Third Quarter 2020