The second quarter was the best of times and the worst of times for General Motors as the automaker reported a nearly 40% boost in new-vehicle sales but still struggled with tight inventory. Strong demand for pickups and SUVs helped drive sales and supported GM’s strategy of pushing semiconductor chip parts to those vehicles to make sure it could… Continue reading GM reports Q2 new vehicle sales boost, but inventory still tight
Tag: Strategy
Bosch Car Service: At Home in the Future for the Past 100 Years
The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as… Continue reading Bosch Car Service: At Home in the Future for the Past 100 Years
@GM: GM Second-Quarter Sales Increase 40 Percent July 1, 2021
Chevrolet Bolt EV delivers record second-quarter and first-half deliveries. Buick sales rise 86 percent on strong demand for new Encore GX, redesigned Envision, and Enclave, creating the brand’s best quarter in more than 15 years. GMC records best second quarter and best first half since 2005 driven by Yukon and Yukon XL. Chevrolet Silverado and… Continue reading @GM: GM Second-Quarter Sales Increase 40 Percent July 1, 2021
@FCA: FCA US Reports Q2 2021 U.S. Sales
July 1, 2021 , Auburn Hills, Mich. – Driven by strong consumer demand for Jeep®, Ram, Dodge, Chrysler and Alfa Romeo brand vehicles, FCA US LLC reported a 32% increase in second-quarter sales over the same time period a year earlier. Retail sales rose 27% for the quarter. Fleet accounted for 12% of total sales. “The recovering… Continue reading @FCA: FCA US Reports Q2 2021 U.S. Sales
FCA US Reports Q2 2021 U.S. Sales
AUBURN HILLS, Mich., July 1, 2021 /PRNewswire/ — Total sales up 32% Retail sales up 27% Strong sales results for Jeep®, Ram, Dodge, Chrysler and Alfa Romeo brands Jeep delivers second best ever Q2 U.S. retail sales Jeep Wrangler – Best quarter ever for U.S. retail sales Jeep Wrangler 4xe – No. 1 best-selling plug-in hybrid Jeep… Continue reading FCA US Reports Q2 2021 U.S. Sales
@Hyundai: Researcher Revealed: Kia’s Very First Dedicated Electric Vehicle EV6
People are paying more attention than expected to Kia’s first dedicated electric vehicle, the EV6. Within 40 days of its release, it achieved the number of pre-orders of 30,000 units, far exceeding the production target of 13,000 units this year. Here’s the secret to the EV6’s popularity – there are so many known features. But… Continue reading @Hyundai: Researcher Revealed: Kia’s Very First Dedicated Electric Vehicle EV6
Extension of Valmet Automotive´s battery testing facilities progressing rapidly
Construction work for the expansion of the Valmet Automotive Battery Test Center (BTC) in Bad Friedrichshall, Germany is progressing rapidly. The installation of six additional fireproof test rooms has largely been completed. Test operations are scheduled to start as early as September. The expansion of testing capacities for high-voltage batteries is taking place in parallel… Continue reading Extension of Valmet Automotive´s battery testing facilities progressing rapidly
The Guardian view on state subsidy: Brussels was not the problem | Editorial
The purpose of Brexit is summarised by its advocates in a word – sovereignty. In practice, that means the power to enact laws that European Union membership would forbid. With the exception of border control, the leave campaign avoided spelling out what those legal departures might be. The picture is coming into focus. On Wednesday,… Continue reading The Guardian view on state subsidy: Brussels was not the problem | Editorial
Renault accelerates EV strategy, plans 10 new BEVs by 2025
Renault plans to accelerate its EV strategy. The carmaker targets over 65 percent of electric vehicles in the sales mix by 2025 and up to 90 percent electric vehicles in the Renault brand mix in 2030. Taking advantage of its dedicated EV platforms, the Group plans launching 10 new battery-electric vehicles by 2025, seven of… Continue reading Renault accelerates EV strategy, plans 10 new BEVs by 2025
Wejo Partners with Microsoft, Palantir Technologies and Sompo Holdings to transform the future of connected vehicle data
On the heels of a definitive agreement to enter a business combination with Virtuoso Acquisition Corp. (“Virtuoso”) in a transaction expected to close later this year, Wejo Limited (“Wejo”) announced that it has joined forces with Microsoft (“Microsoft”), Palantir and Sompo Holdings (“Sompo”) to advance the cutting-edge applications of connected vehicle data worldwide. Through the combination of… Continue reading Wejo Partners with Microsoft, Palantir Technologies and Sompo Holdings to transform the future of connected vehicle data