Remove Automobile Remove Corporation Remove Engine Remove Sale
article thumbnail

Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China.

article thumbnail

Gentex takes stake in Israeli thermal digital camera corporate

Baua Electric

provider of high-tech rearview mirrors, dimmable glass and automobile electronics, is making an investment in and taking part with an Israeli corporate that has created a tiny thermal digital camera. The Gentex and Adasky groups will perform engineering paintings in Israel. billion in gross sales to automakers in 2021.

article thumbnail

Ford, GM see robust U.S. shopper call for for automobiles

Baua Electric

Tesla CEO Elon Musk in January forecast a “serious recession” and due to this fact started slashing costs at the electrical automobile corporate’s automobiles. car gross sales have stabilized and car manufacturing has recovered to near to pre-pandemic ranges as provide chain bottlenecks have eased.

article thumbnail

Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary. Rather than simply pegging corporate car allowances primarily to income, Britain’s BIK taxes also take into account what kind of vehicle you’re driving and whether it has an exhaust pipe.

Sale 102
article thumbnail

Report: Stellantis Discusses Engine Plans

The Truth About Cars

.& But Micky Bly, senior vice president and head of global propulsion systems for Stellantis, recently assured the public that the company doesn’t intend on dumping combustion engines overnight. We are rapidly streamlining our three-cylinder, four-cylinder and six-cylinder and even our eight-cylinder engines. liter diesel.

Engine 115
article thumbnail

Ford expects inner combustion engine quantity, earnings to develop thru 2025

Baua Electric

expects gross sales and benefit margins from its inner combustion engine automobiles to develop for no less than the then two years ahead of the industrywide transition to electrical automobiles begins to truncate that trade. ICE and hybrid sales well into the next decade.” DETROIT — Ford Motor Co.

Ford 52
article thumbnail

Lamborghini Breaks Historic Sales Record

The Truth About Cars

Lamborghini has broken its own sales record by delivering over 10,000 automobiles in 2023. Sales were primarily driven by the Urus, with 6,087 vehicles delivered, and the Huracán, boasting 3,962 units. While the sales are good news for the brand, breaking the 10,000-unit barrier could come with some complications.

Sale 105