07.04.2021: Volvo Automobiles reported the very best first quarter in its historical past as the corporate’s world gross sales elevated by 40.8 per cent in contrast with the identical interval final 12 months.

Volvo Automobiles reported the very best first quarter in its historical past as the corporate’s world gross sales elevated by 40.8 per cent in contrast with the identical interval final 12 months.

Whole gross sales through the interval amounted to 185,698 automobiles, up from 131,889 automobiles in the identical interval final 12 months. In Europe and the US, the corporate managed to enhance gross sales in contrast with the primary quarter final 12 months whereas additionally managing to deal with the continued results of the pandemic. China has by now recovered from the impression of the pandemic, which peaked in Q1 2020.

For the month of March, Volvo Automobiles offered 75,315 automobiles globally, up 62.3 per cent in contrast with the identical month final 12 months.

Volvo Automobiles’ Recharge line-up of chargeable fashions, with a totally electrical or plug-in hybrid powertrain, remained sturdy and accounted for 26.0 per cent of all Volvo automobiles offered globally in March. In Europe, the share of Recharge automobiles of general gross sales was 39.0 per cent.

For the primary quarter of 2021, Volvo Automobiles greater than tripled its variety of subscriptions offered on-line by means of its Care by Volvo provide in contrast with the identical interval final 12 months. It additionally noticed a quarter-on-quarter progress of twenty-two.0 per cent.

In China, gross sales elevated by 117.7 per cent within the first three months of the 12 months in contrast with the primary quarter the 12 months earlier than. With a continued sturdy demand for the regionally produced S90, the corporate recovered and improved gross sales that have been misplaced as a consequence of Covid-19 restrictions. Whole first-quarter gross sales reached 45,242 automobiles, rising from 20,780 in the identical interval in 2020.

Within the January-to-March interval, US gross sales for the corporate reached 27,239 automobiles. That is a rise of 39.8 per cent in contrast with the identical interval final 12 months, which was affected by the pandemic as many states carried out stay-at-home orders.

Within the first three months of 2021, the corporate’s European gross sales grew to 87,457 automobiles, up 24.0 per cent in contrast with the identical interval final 12 months. The rise was primarily pushed by markets that managed to deal with pandemic-related shutdowns, in addition to a robust gross sales enhance in Sweden and the UK.

An in depth break-up of regional gross sales is given under:

 

In March, the XC40 was the top-selling mannequin, with gross sales of 23,958 automobiles (12,462), adopted by the XC60 with whole gross sales of 21,186 automobiles (12,730 models) and the XC90 with 9,893 automobiles (5,758 models).

 Volvo Automobile Group additionally photographs

Exterior ranking: MAHLE in sturdy place

07.04.2021   Score company Moody’s classifies MAHLE as Ba1 with steady outlook    Valuation confirms monetary standing and company technique    Score strengthens place on the worldwide capital markets    First exterior ranking within the firm’s historical past extra >> PEUGEOT information a optimistic begin to 2021 regardless of continued market disruption

07.04.2021 PEUGEOT has continued its sturdy momentum in 2021, rising its UK automobile and van market share from 4.4% general in 2020, to 4.6% within the first quarter of 2021, based on the most recent registration figures recorded by the Society of extra >> Kumho publicizes $300 million enlargement plans

02.04.2021 Capability of its Vietnamese plant to double by 2023Kumho, one of many world’s main tyre producers, has introduced it that’s investing $305 million on the enlargement of its Vietnamese plant, with the purpose of doubling its capacit extra >> Honda and Acura Manufacturers, American Honda, Set A number of Gross sales Data in March

02.04.2021     American Honda units new March file for whole automobile gross sales, pushing Q1 up 16% over 2020

 
    Acura MDX has greatest gross sales month in historical past, whereas additionally powering Acura SUVs to best-ever month extra >> Goodyear publicizes pricing of $1 billion of senior notes

01.04.2021 The Goodyear Tire & Rubber Firm as we speak introduced that it has priced its public providing of $550 million mixture principal quantity of senior notes due 2031 (the “2031 notes”) and $450 million mixture principal quantity of senior notes due 2033 (the “2033 notes,” and along with the 2031 notes, the “notes”). The notes can be senior unsecured obligatio extra >> Roberto Di Stefano is appointed “Free2Move eSolutions” Chief Government Officer

31.03.2021 Roberto Di Stefano is appointed Chief Government Officer of Free2Move eSolutions, a brand new three way partnership between Stellantis and Engie EPS. The brand new Firm goals to supply cutting-edge and aggressive options for world electrical mobility transition, b extra >> Mitsubishi Motors Personnel change

31.03.2021 Personnel ChangeMITSUBISHI MOTORS CORPORATION (MMC) will make the next personnel modifications as of April 1. 

April 1, 20211.  Essential Personnel Modifications     N extra >> Cécilia Taieb, new SEAT S.A. International Director of Communications

25.03.2021     Taieb has greater than 20 years’ expertise in strategic communications throughout a variety of industries    She’s going to rep extra >> Andreas Walingen- New Chief Technique Officer at Volkswagen

24.03.2021 Andreas Walingen to develop into new Chief Technique Officer of the Volkswagen Passenger Automobiles model efficient Might 1, 2021  Michael Jost is leaving the corporate at his personal request to pursue his personal initiatives Andreas Walingen, at present head of Group Product Str extra >> Kia Motors America Hires Michael McHale as Director, Model Expertise

22.03.2021     Automotive business veteran to steer all public relations, exterior communications and experiential initiatives    McHale brings greater than 25 years of communications expertise throughout mass-market, luxurious and startup manufacturers extra >> Porsche AG set a brand new income file within the 2020 monetary 12 months

19.03.2021 … its worth grew to twenty-eight.7 billion euros, surpassing the earlier 12 months’s determine by greater than 100 million euros.Porsche achieves sustainable progress in 2020 monetary yearThe working result’s 4.2 billion euros. The pre extra >> Audi defies the corona disaster with a strong efficiency within the 2020 monetary 12 months

19.03.2021     CEO Markus Duesmann: “A profitable conclusion to the monetary 12 months 2020 because of a robust group efficiency”

 
    In a difficult market setting: gross sales income approx. €50.0 extra >> Ducati proves to be a strong and worthwhile firm with a optimistic money movement even in a fancy 12 months like 2020

18.03.2021 •    48,042 bikes delivered, € 676 million in turnover and € 24 million in working revenue, equal to 4% of working margin•  &nbsp extra >> Automobili Lamborghini: Sturdy profitability and second-best 12 months ever for turnover and gross sales

18.03.2021     2020: file working margin

 
    The second-best 12 months ever for turnover and gross sales    Order financial institution already covers 9 months of 2021 manufacturing  &nbsp extra >> Volkswagen drives ahead its transformation

16.03.2021     Chief Human Assets Officer Gunnar Kilian: “Measures within the set of pointers will present options to the challenges posed by the transformation and permit for disciplined price administration”

 
&nbs extra >> Client automobile finance new enterprise volumes fell by 35% in January 2021

16.03.2021 New figures launched as we speak by the Finance & Leasing Affiliation (FLA) present that the patron automobile finance market reported a fall in new enterprise volumes of 35% in January 2021, in contrast with the identical month in 2020. The buyer new automobile finance market reported a fall in new enterprise volumes of 38% in January in contrast with the identical month in 2020. The pe extra >> McLaren Automotive appoints Gareth Dunsmore as Chief Advertising and marketing Officer

15.03.2021 Luxurious British supercar maker McLaren Automotive has appointed Gareth Dunsmore as Chief Advertising and marketing Officer.Gareth can be a part of McLaren’s govt group, heading-up world marke extra >> Sale of its whole stake in Daimler by Renault

11.03.2021  

Renault S.A (“Renault”) publicizes as we speak that it intends to promote its whole stake in Daimler A.G (“Daimler”) (i.e. 16,448,378 shares, representing 1.54% of the share capital of Daimler) by means of a placement to certified buyers, as outlined in Article 2 level ( extra >> BMW Sturdy second half-year 2020 pushed by excessive demand and well-coordinated administration

11.03.2021 – Group revenue earlier than tax for second half-year up 9.8% year-on-year – This fall EBIT margin of seven.7% in Automotive phase – Full-year EBIT margin at larger fringe of goal vary – Free money movement of € 3.4 billion regardless of lockdowns above earlier 12 months – Dividend of € 1.90 per share of frequent inventory proposed – Zipse: “Beginning 20 extra >> BMW Group turns into first premium producer to publish Built-in Group Report

11.03.2021 BMW Group Report 2020 combines Annual Report and Sustainable Worth Report for the primary time –  Firm-wide, clear reporting for all stakeholders –  Official validation of CO2 targets by Science-Primarily based Targets Initiative extra >> Organizational appointments at Automobili Lamborghini

10.03.2021 Automobili Lamborghini publicizes two key organizational appointments, designed to facilitate efficient and rational company administration and course of integration as the corporate heads into its subsequent section.Federico Foschini takes on the brand new position of Chi extra >> Appointments throughout the Alliance Renault- Nissan- Mitsubishi

10.03.2021 Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors Company announce as we speak new appointments throughout the Alliance as of April 1st, 2021.Véronique Sarlat-Depotte, at present Alliance EVP, Buying and Managing Director of All extra >> Distribution of Faurecia shares and money has develop into unconditional

10.03.2021 Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) introduced as we speak that the beforehand introduced conditional distribution (the “Distribution”), pursuant to a capital discount, by Stellantis to the holders of its frequent shares of as much as 54,297,006 odd shares of Faurecia S.E. (“Faurecia”) and as much as €308 million in money, being the proce extra >> Porsche will increase stake in Rimac Automobili to 24 %

08.03.2021 Sports activities automobile producer expands strategic partnershipGreen gentle for the additional enlargement of electrical mobility: The Supervisory Board of Porsche AG agreed on Friday to extend its stake in Rimac Automobili from 15 to 24 %. The Croatian firm extra >> New Alfa Romeo Model Organisation

06.03.2021 Alfa Romeo publicizes a brand new world organisation and the next new appointments.Jean-Philippe IMPARATO, Alfa Romeo Model CEO:”Happy to announce our new world organisation. A group made up of individuals wi extra >> Modifications to Porsche AG’s Government Board

05.03.2021 Uwe-Karsten Städter arms over the reins to Barbara FrenkelAfter 47 years within the Volkswagen Group, Uwe-Karsten Städter can be taking his well-earned retirement. The Member of the Government Board of Porsche AG chargeable for Procurement can be leaving the c extra >> Volvo Automobiles experiences 29.1 per cent gross sales progress within the first two months of 2021

05.03.2021 Volvo Automobiles’ world gross sales efficiency remained sturdy in February, after the corporate posted 29.1 per cent progress for the primary two months of the 12 months in contrast with the identical interval final 12 months.Whole gross sales through the interval amounted to 110,383 automobiles, extra >> Stellantis publicizes conditional distribution of Faurecia shares and money

05.03.2021 Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) introduced as we speak a conditional distribution by Stellantis to the holders of its frequent shares of as much as 54,297,006 odd shares of Faurecia S.E. (“Faurecia”) and as much as €308 million in money, being the proceeds obtained by Peugeot S.A. from the sale of odd shares of Faurecia in October 2020, paya extra >> Stellantis publishes agenda for the 2021 AGM

05.03.2021 Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) introduced as we speak that it has revealed the agenda and the explanatory notes for the 2021 Annual Common Assembly of Shareholders (“AGM”), which can happen nearly on April 15, 2021. extra >> Brembo This fall 2020 outcomes

04.03.2021 BREMBO: This fall 2020 REVENUES AT €648.7 MILLION, UP 4.5% (+7.8% ON A LIKE-FOR-LIKE EXCHANGE RATE BASIS) NET PROFIT AT +17.5% TO €64.8 MILLION.DIVIDEND PROPOSAL: €0.22 PER SHARE.This fall 2020 outcomes:•    Revenues at +4.5% in comparison with This fall of the earlier 12 months (+7.8% on a like-for-like extra >> Daimler Buses did properly in fiscal 12 months 2020 regardless of COVID-19 and continues to drive CO2-neutral passenger transport

04.03.2021     Fiscal 12 months 2020 at Daimler Buses characterised by considerably contracting markets because of the COVID-19 pandemic

 
    Market management safe in core EU 30, Brazil, Argentina, Mexico and Tur extra >> Mercedes-Benz Financial institution profitable in difficult market setting in 2020

04.03.2021     Contract portfolio for automobile leasing and financing amounted to 25.9 billion euros in 2020, which was on the degree of the earlier 12 months.    Buyer deposits enhance to 13 billion euros.    Potential this 12 months because of new Mercedes-Benz C-Class and development towards hybrid and electrical autos. extra >> Stellantis NV Sturdy 2020 Outcomes

04.03.2021 Additional to the creation of Stellantis N.V. by means of the closing of the cross-border authorized merger between Fiat Chrysler Vehicles N.V. (FCA) and Peugeot S.A. (PSA) on January 16, 2021, the next paperwork are the earnings releases of the legacy operations of FCA and PSA for the 12 months ended December 31, 2020. extra >> Honda and Acura Vehicles Set New February Gross sales Data

02.03.2021 •    Honda vehicles file best-ever February gross sales, rising 5.7%

•    Honda Passport (up 18.6%) and HR-V (up 1%) set new February marks•    Fr extra >> Marc Lechantre appointed Accountable Used Automobiles for Stellantis

02.03.2021 Efficient March 1st, 2021, Marc Lechantre is appointed Accountable Used Automobiles for Stellantis. He’ll report back to Philippe de Rovira, Stellantis’ Chief Associates Officer.
 

Marc Lechantre joined Groupe PSA in 2006 and was extra >> Matt Harrison to be appointed President and CEO of Toyota Motor Europe and CEO

02.03.2021 … Europe Area, Toyota Motor Company, succeeding Dr. Johan van Zyl    Change efficient April 2021    Van Zyl to stay Chairman, Toyota South Africa MotorsToyota Motor Europe ( extra >> Supervisory Board of AUDI AG appoints new Member of the Board of Administration for Finance and Authorized Affairs

01.03.2021 Supervisory Board Chair Diess: “Jürgen Rittersberger is an knowledgeable in administration, controlling and technique”        Deputy Chair Mosch: “understand investments to efficiently rework our firm”        CEO Duesmann: “he’ll slot proper into our group, making certain a seamles extra >> Oliver Hoffmann named new Member of the Audi Board for Technical Growth

24.02.2021 Supervisory Board Chair Diess: “an achieved engineer with the appropriate management qualities to move up the technical coronary heart of this premium model”        Deputy Chair Mosch: “welcome information for employees at each German websites”        CEO Duesmann: “a long-time Audi colleague, stands for true integrity and tea extra >> Tesla Delivered 180,600 Automobiles in This fall 2020 – 30% Greater than Q3

23.02.2021 Tesla and enigmatic founder, Elon Musk have been on the information repeatedly in current months for the corporate’s spectacular efficiency in 2020. Musk has lengthy needed to interrupt by means of the mainstream market together with his electrical automobiles and it appears that evidently extra >>