Edition of 25/10/2021
Automotive distribution: the German top 100 at 1.6% profitability in 2020
Thanks to the increase in their used vehicle volume and average selling prices which have jumped, the top 100 German distributors improved their turnover and profitability in 2020 despite the Covid crisis.
Networks
Schaeffler will be able to market its electronic steering (steer-by-wire) from mid-2022
The German equipment manufacturer plans to obtain authorization to market its electronic steering system (steer-by-wire) by mid-2022, by grafting it onto the existing rack at first, then in the form of a complete system by 2025.
equipment
Béatrice Lan-Shun new director of investor relations at ALD Automotive
As of January 1, 2022, Béatrice Lan-Shun is joining ALD Automotive as Director of Investor Relations, succeeding Clémence Mignot-Dupeyrot.
Nominations
Aurélie Jouve appointed director of the Salon Equip Auto
Aurélie Jouve, communications director of Fiev, has extended the scope of her functions to that of director of Equip Auto, succeeding Hervé Gros.
Nominations
The Cupra Born will be distributed via a “non-genuine” agency contract
The Volkswagen group is inaugurating a contract with the Cupra Born which includes the provisions of the agent contract while keeping certain specificities of the distributor contract, in particular on the control of the price policy. Seat distributors signed it without much enthusiasm.
Networks
Soaring commodity prices: towards the return to favor of development policies in emerging automotive industries?
The long-term attendance at economic and strategic debates concerning the automotive industry obliges us to recognize the existence of cycles. From this point of view, the truth of the early 2010s made the presence in emerging countries a must that has become for five or six years a kind of prohibition (or impasse) strategic. Because it will allow some of these countries hated for several years to return to better fortune, the surge in commodity prices (including gas) could turn the cycle around …
To analyse
Vehicles: conversion bonus and ecological bonus maintained until July, Pompili announces
(AFP) – “The conversion bonus and the ecological bonus will be maintained at the same level” until July 1, 2022, announced the Minister of Ecological Transition Barbara Pompili Friday on France Info.
Markets
Automotive: Auto parts maker Autoliv takes action on shortages
(AFP) – The world leader in airbags and seat belts Autoliv plans further cuts in production capacity in Europe and North America to deal with growing supply problems in the global economy, announced the supplier Swedish-American automobile on Friday.
equipment
S&P rating upgrades Tesla amid solid demand for its cars
(AFP) – S&P Global Ratings on Friday raised Tesla’s debt rating up a notch, saying the electric car maker is benefiting from solid demand for its products and presenting “robust” financial indicators .
Builders
Automotive: Pompili inaugurates a first ultra-fast charging station coupled to a battery
(AFP) – An ultra-fast charging station for electric vehicles coupled with an energy storage battery was inaugurated on Friday near Rennes and will help to remove “the fear of running out of juice”, according to the Minister of Transition ecological Barbara Pompili.
Markets
The Continental equipment manufacturer blames the chip shortage
(AFP) – German automotive supplier Continental lowered its 2021 sales and profitability forecast on Friday due to “persistent semiconductor shortages and supply chain uncertainties,” he said in a press release.
equipment
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Manufacturer category
S&P rating upgrades Tesla amid solid demand for its cars
(AFP) – S&P Global Ratings on Friday raised Tesla’s debt rating up a notch, saying the electric car maker is benefiting from solid demand for its products and presenting “robust” financial indicators .
25/10/2021
Tesla crash in Texas: the driver was well behind the wheel
(AFP) – One person was indeed behind the wheel in a fatal Tesla collision in Texas in April, contrary to what local police initially said, the US Highway Safety Agency said in a preliminary report on Thursday. .
22/10/2021
Tesla is maneuvering around logistical challenges, generating record profits
(AFP) – Electric vehicle maker Tesla managed to post record third-quarter profits despite logistical problems hampering its production lines but warned that its ramp-up would depend on the availability of certain elements.
22/10/2021
Volvo Group: profit is getting closer to pre-pandemic, despite semiconductor crisis
(AFP) – Swedish heavy truck maker Volvo Group on Thursday announced sharply improved third-quarter results on Thursday, with net profit approaching its pre-pandemic level, even as the global semiconductor shortage weighs on its business .
22/10/2021
The PFA figures the average value per vehicle of automotive components at risk
To prepare for the transformation of the industrial fabric and the automotive professions, the PFA precisely quantified the average value per vehicle of the components that would disappear and those that increase between thermal and electric. Between the two, the average content of a vehicle increases by 58%.
21/10/2021
The French government favors automobile “free zones”, according to Luc Chatel
The fall in the cost of automobile manufacturing in France remains a major issue for the automotive industry to reach 2 million electric vehicles produced, said Luc Chatel, President of the PFA during a press briefing. He announced that the government was in favor of his idea of creating “free zones”.
20/10/2021
Volvo Cars will debut on October 28, valuation up to 20 billion euros
(AFP) – Volvo Cars plans to perform on October 28 its first day of listing of its IPO, at a valuation of between 163 and 200 billion crowns (16.2 to 19.9 billion euros), a the Swedish automaker announced on Monday.
19/10/2021
Toyota to build battery plant in the United States
(AFP) – Japanese auto giant Toyota announced Monday that it will invest $ 3.4 billion (2.9 billion euros) by 2030 in the United States in electric batteries, especially in the construction of ‘a factory dedicated to this production in the country.
19/10/2021
Apple supplier Foxconn unveils electric vehicles
(AFP) – Taiwanese electronics giant Foxconn unveiled three prototypes of electric vehicles on Monday, intending to show its desire to become a key player in this market and find partners.
19/10/2021
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