Luxury automaker Aston Martin has reported an 82% surge in sales to dealers in 2021. The news comes despite the company predicting lower-than-expected annual adjusted core earnings on fewer-than-planned shipments of its Valkyrie sports car in the fourth quarter of the year. On Friday, Aston Martin said it expects annual adjusted core earnings to come […]
Samuelsson has been president and CEO of Volvo since October 2012 and previously served on the company board for two years. Prior to his time at Volvo, Samuelsson served as chairman and CEO of the now-defunct vehicle manufacturer MAN SE. “I’m pleased to welcome Jim to his new role to continue the great journey Volvo […]
Elon Musk’s electric vehicle company Tesla said it delivered 308,600 electric vehicles in the fourth quarter of 2021, trumping its previous single-quarter record of 241,300 vehicles delivered in the third quarter of 2021. Throughout the entire year, Tesla delivered 936,172 vehicles, an 87% increase from 2020. According to FactSet, Wall Street analysts had expected Tesla […]
The charging concept, located in Nuremberg, Germany, is part of a pilot programme aimed at making life simpler for EV owners living in urban areas, particularly for those who don’t have access to a supercharger at home. “We want to use it to test flexible and premium-oriented quick-charging infrastructure in urban space,” says Ralph Hollmig, […]
The fallout from Brexit and the Covid-19 pandemic, including rising costs and supply shortages, is continuing to affect organisations across all areas of the business landscape. As a result, decision-makers must find ways to live with disruption for the foreseeable future by rapidly adapting their business models, while keeping costs under control. A constant challenge […]
Australian Syrah Resources Ltd will supply Elon Musk’s electric vehicle company with graphite anode material over an initial four-year period, with an option to buy additional volumes subject to further expansion of Syrah’s plant in Vidalia, Louisiana. The Vidalia facility is planned to process graphite from Mozambique to become the first source of graphite anodes […]
Claire Rychlewski, SVP at EMEA Business at Kinaxis, takes a look at the road to sustainability maturity for the supply chain. Sustainability is a complex and ever-evolving issue that is becoming increasingly sophisticated in the demands it places on companies. Widely accepted as both a moral and business imperative, it has elevated to a board-level […]
It wasn’t until the COVID-19 pandemic hit and exposed loopholes in freight forwarding. For example, there was a shortage of personnel for packaging and organising shipments since people were required to work from home. However, it wasn’t all bad. The upside to the pandemic is that the industry became more receptive to these technological advancements […]
The British company, Rolls-Royce Aerospace, had been working on a battery-electric aircraft for a long time now. And in September, their first plane called the Spirit of Innovation took to the skies for the first time. Although the test flight lasted for only 15-minutes, it set the ball rolling for what was to come. Two […]
Fleet safety is key to the success of any business. Whether you are a company with one or more cars, trucks, vans, or buses, many safety precautions need to be taken into account. Here are 5 tips for keeping your fleet as safe as possible. 1. Train Your Drivers The first step towards improving fleet […]
On Friday, Tesla CEO Elon Musk said that the electric vehicle manufacturer’s highly-anticipated cybertruck will first arrive with a four-motor variant. Turning to Twitter, the CEO wrote, “Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel.” Musk has labelled the cybertruck, constructed from stainless steel, as an “insane […]
On Thursday, Aston Martin announced that Chief Financial Officer Kenneth Gregor is set to step down from his role at the company due to personal reasons. Gregor has served as CFO to the luxury carmaker for the past 18 months. In a statement, Gregor said: “I am proud of what I have achieved in my […]
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