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Global electric car sales Jan. 2022 - Up 87% YoY reaching 10% share. China sales up 115% YoY to 17% share. Europe sales were up 39% YoY to 19% share. EV market news - US$5B plan to fund EV charging network over 5 years. USA Q4, 2021 EV sales up 72%. 10 electric pickups coming to the U...
The following slide deck was published by Mercedes-Benz Group AG in conjunction with their 2021 Q4 earnings call. For further details see: Mercedes-Benz Group AG 2021 Q4 - Results - Earnings Call Presentation
Mercedes-Benz Group AG (DDAIF) Q4 2021 Earnings Conference Call February 24, 2022 03:00 AM ET Company Participants Steffen Hoffmann - Head of Investor Relations and Treasury Ola Källenius - Chairman of the Board of Management, CEO Harald Wilhelm - Member of the Board of Management of Mer...
New commercial vehicle registrations in the European Union fell 11.1% to 125,592 units in January, followed by 8.4% decline in December. This was mainly due to a drop in new van sales. Of the region’s four major markets, Spain saw the sharpest drop -20.1%, followed ...
Company vision is critical. CEO Jim Farley has it. The challenge is about execution and managing the swap out of BEV for ICE. Tesla’s BEV production was 936,000 in 2021 and is expected to be 1.4 million in 2022. Ford plans to have 600,000 BEV manufacturing capacity by e...
Inflation concerns have started to affect market sentiment, but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a real market correction or possibly a real crash once ma...
Mercedes-Benz Group AG has seen a significant rebound in return on sales across its car and van segment. Further growth remains possible as supply chain issues start to abate. However, increased competition across the electric vehicles market could place pressure on sales growth o...
Nvidia has extended steep declines despite reporting blockbuster fourth quarter earnings and a stronger-than-expected growth forecast for the current period on Wednesday evening. Investors were likely taken back by the slight weak spot in Nvidia's adjusted gross margin for Q4, which c...
Ford stock has been on the upswing supposedly because of its electric vehicle future. Most of Ford’s sales, however, are of non-all-electric products, such as its compact SUVs, the Escape (Kuga in Europe) and Bronco Sport. Whereas the full-size body-on-frame Bronco starts a...
Nvidia's market value has dipped as much as 32% from peak-to-trough this year due to rising pressure on equity prices amidst the impending tightening of monetary policy. Yet, the chipmaker has recently demonstrated resilience even after the announcement of its failed Arm deal. Des...