Automotive
Showing 1–12 of 17 results
- April 2, 2024
The company places a strong emphasis on its European retail network, as evidenced by the recent opening of a new facility in Stuttgart. This location is future-proofed with equipment for servicing next-generation electric and hydrogen vehicles.
- April 1, 2024
The company significantly increased production and deliveries in 2023, more than doubling both metrics and exceeding initial production targets.
- March 31, 2024
The company had been facing some challenges in addition to its positive developments. First, the broader economic climate with higher interest rates impacted their market performance.
- March 18, 2024
PACCAR Parts achieved record revenue and profits in 2023. Their annual revenue grew 11% to $6.4bn, and pretax profit increased by 18% to $1.7bn. Parts gross margins also improved, reaching 31.9% compared to 30.4% the previous year.
- March 17, 2024
Ford’s global hybrid sales surged 20% last year and are projected to grow another 40% this year. The company boasts the number one and two best-selling hybrid trucks in the US, with the Maverick leading the pack.
- March 7, 2024
In the digital era, Electronic Arts, known for blockbuster titles such as Need for Speed and The Sims, has discovered a successful strategy.
- March 7, 2024
Agilent Technologies, a global leader in scientific products and services, has witnessed a surge in its stock price, driving valuations to unprecedented levels.
- March 5, 2024
General Motors- Chevrolet boasts continued success in various automotive segments. Their Bolt EV and EUV models achieved record sales, while the brand secured the top spot in J.D. Power’s initial quality rankings for the second consecutive year.
- March 5, 2024
Tesla company achieved record production and deliveries exceeding 1.8mn vehicles, solidifying its position as a leader in the electric vehicle industry. The company produced 560,000 units at its Fremont factory alone. Model Y was the best selling vehicle with over 1.2mn units delivered.
- February 8, 2024
Caterpillar Order rates have moderated as anticipated, with both dealers and customers exhibiting a willingness to wait longer before placing orders. This was expected, and alongside the previously discussed transition to CAT engines, there has been a reduction in dealer orders for Building Construction Products.
- February 7, 2024
The Toyota Motor Corporation achieved impressive sales results for the period, with consolidated vehicle sales reaching 4.74mn units. This represented a substantial 114.1% increase compared to the same period in the previous fiscal year.