GM posts strong Q1 profits, affirms forecast for 2021 despite chip shortage
DETROIT — Basic Motors on Wednesday claimed very first-quarter net revenue of $three billion and said it even now expected to get paid as a lot as $11 billion in…
Unperturbed by impact on production, OEMs are sticking to Q1 targets; here’s why.., Auto News, ET Auto
With massive order guides, businesses such as Maruti Suzuki, Tata Motors, M&M and some others carry on to manufacture motor vehicles in order to reduce shorter the rise in waiting…
Market recovery helps Autoliv double net income in Q1
STOCKHOLM — Sweden’s Autoliv , the world’s premier producer of airbags and seatbelts, on Friday stated it extra than doubled its very first-quarter internet earnings amid potent sales progress throughout…
Volvo CEO warns of ‘big risk’ in Q1 from chip shortage
STOCKHOLM — Volvo Cars and trucks has not endured from the world semiconductor scarcity, but the automaker’s CEO claimed threats linger from a difficulty that has now forced many automakers…
Apollo Tyres reports Q1 net loss of Rs 135 crore, Auto News, ET Auto
Apollo Tyres experienced posted a consolidated gain of Rs 141.six crore in the corresponding period of time of the prior fiscal. New Delhi: Apollo Tyres on Wednesday noted consolidated decline…
Covid-19 to push automakers into a record loss of Rs 10,000 crore in Q1, Auto News, ET Auto
Irrespective of the new gains, vehicle shares have also lost sheen amongst buyers in the last eighteen months due to weak demand for vehicles. Mumbai: Shown Indian automobile firms could…
Bajaj Auto Q1 net profit dips 61% to Rs 395.51 crore, Auto News, ET Auto
As the two-wheeler big explained, the latest coronavirus pandemic has taken a toll on the firm’s sales. New Delhi: Bajaj Vehicle on Wednesday has reported sixty.92 % drop in its…
American Axle shares surge 40% after posting lower Q1 results
DETROIT — American Axle and Manufacturing Holdings reported earnings and revenue slipped through the first quarter as it grappled with the COVID-19 disaster, but the company reported functioning final results…
Porsche Q1 sales dip | Automotive Industry News
Porsche first quarter product sales dipped only 5% to 53,125 vehicles around the world in the first quarter of 2019. Unsurprisingly, the organization did not element March benefits but ACEA’s…
Ford, expects Q1 net loss of US$2bn | Automotive Industry News
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