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2023-11-08 12:05:29 ET France’s Renault SA ( OTCPK:RNSDF ) has cut its stake in Nissan ( OTCPK:NSANY ) to 15% from 43% by transferring 28.4% shares of the Japanese automaker to a French Trust, both companies said in a statement, putting them on equal footing of ownership. ...
2023-11-08 11:02:41 ET Summary Global electric car sales Sept. 2023 up 23% YoY to 17% share. China sales up 22% to 37% share. Europe up 15% to 25% share. USA up 59% to 9.9% share. EV market news - Norway’s EVs at a record 93% share. BP to buy $100M of Tesla ultra-fast charg...
2023-10-20 09:33:47 ET New car registrations in the EU rose 9.2% in September, reaching 861,062 units, the European Automobile Manufacturers' Association (ACEA) said on Friday, aided by higher sales of hybrid and electric cars. This marks the fourteenth consecutive month of growth, with...
2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...
2023-10-03 10:34:28 ET Summary Final agreement with Nissan that will participate in Ampere IPO, providing a capital of €600 million. The company's profitability has shown significant progress, with a group operating margin of 7.6% and an automotive operating margin of 6.2%....
2023-09-26 16:32:10 ET Summary Tesla, Inc. Shanghai's capacity is 1 million units a year. A quarter of Shanghai's output is exported to Europe. European antidumping measures could eliminate those sales. Tesla Shanghai will generate little profit at 75% capacity utilization. ...
2023-09-25 14:01:29 ET More on Nissan Motor Seeking Alpha’s Quant Rating on Nissan Motor Historical earnings data for Nissan Motor Dividend scorecard for Nissan Motor Financial information for Nissan Motor Nissan: Struggling In China Fo...
2023-09-20 02:17:20 ET More on Ford Motor, Renault SA, etc. Compare metrics for F to RNSDF, STLA Ford: Path To Ruin When Opportunity Abounds Looming UAW Strike: A Self-Inflicted Wound For A Declining Detroit-Based Auto Industry Ford Motor Company (F) Manageme...
2023-09-13 07:46:14 ET More on Volkswagen AG Historical earnings data for Volkswagen AG Dividend scorecard for Volkswagen AG Financial information for Volkswagen AG Volkswagen: Don't Chase The 8.2% Yield Volkswagen: We Double Down On Q2 Results ...
2023-09-11 10:56:39 ET Summary Global electric car sales July 2023 up 41% YoY to a 16% share. China sales are up 31% to a 38% share. Europe sales are up 48% to a 23% share. USA sales are up 53% to a 9% share. EV market news - The IEA is forecasting 14m global plugin electric car s...
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The European Commission has given the green light to a €2 billion Italian initiative aimed at supporting STMicroelectronics N.V. (NYSE:STM) in es...
Volkswagen AG (OTC:VWAGY) has reportedly exited discussions with Renault SA (OTC:RNSDF) (OTC:RNLSY) about collaborating on an afford...
Adient PLC (NYSE:ADNT) has put forward restructuring plans in Europe to reduce operating, administrative and engineering c...