Latest News

Stellantis Shares Rise in 2022

Stellantis N.V. stocks increased on Wednesday following the record profit last year.

Founded in January 16, 2021, when the two corporations of Fiat-Chrysler and PSA merged, the US-European automotive manufacturing company announced rising sales which is up 14%.

The multinational carmaker includes Chrysler, Ram and Jeep in the U.S. and Peugeot, Opel and Fiat in Europe. The company’s net profit surged to 13.4 billion euros, which is about triple the last year’s figure. Following this report its stocks increased near 4.5% in London and over 4% in New York.

In its statement, the Italian-American conglomerate declared it has built up robust commercial activity and speeded up merging synergy led by a defined focus the performance pace from the beginning.

The operating profit margin was 11.8% last year and it is forecasted that there is a two-digit margin in 2022. Shipments in Europe were down by 3% with a revenue up by 5% as a result of rise in sales of expensive hybrid and electric cars. In North America, shipments were down by 2% while revenue had an increase by 15%, partly due to increased sales of Jeep sport utility vehicles and Dodge Ram trucks.

The firm’s CEO, Carlos Tavares, said today’s record indicates that Stellantis is in a good position and will keep robust performance in the uncertain market situation.In Europe, Asia-Pacific, and South America, the company gained $6 billion, $500 million, and $999 million respectively.The automaker wants to achieve the goal of promoting in China and other Asian countries. 

Read more
By Saha on February 24, 2022

GM to End Marketplace App

General Motors Company (GM) is halting its Marketplace application which enables car owners to purchase commodities and services in their vehicles. The first industry to initiate this initiative in late 2017, GM couldn’t meet its expectations as not so many users applied the app.

After the latest evaluation of app’s services, the automotive manufacturer has decided to cease it as of next month, said Stephanie Obendorfer, GM’s spokeswoman. Currently, there is no substitute for the app in GM, she added.

The spokeswoman didn’t mention the app’s usage rates; however, the rates were thousands out of millions of cars when the app began its work, according to an engineer.

The American automaker notified car owners via email, saying, to guarantee our services create best experiences for our users, we evaluate them on a regular basis. We decided to end Marketplace services, it added. The technology was applied in vehicles including Buick, Cadillac, Chevrolet and GMC vehicles in the U.S. after its introduction.

The free app partnered with dealers for coupons and services including Shell and ExxonMobil to offer gas and Dunkin' Donuts.

Read more
By Saha on February 19, 2022

Ford Cuts Production Amidst Chips Crisis

Ford Motor Company is going to minimize production of some important products following the existing problem of chips shortage. Production cut for was confirmed Ford Bronco and Explorer SUVs, the Ford Mustang Mach-E electric crossover, the Ford F-150 and Ranger pickups, and the Lincoln Aviator SUV at plants in Michigan, Illinois, Missouri and Mexico was confirmed on Friday.

The shrunken production happens due to lingering shortage of semiconductor chips. The automobile manufacturer couldn’t gain Wall Street’s expected earnings because of the production which was less than expected. It caused a drop of 9.7% in shares on Friday.

The statement by the company revealed Ford’s North American plants are impacted by shortage of semiconductor chips in the world. It added our teams are committed to increasing production and provide the customers with high-quality vehicles in great demand.

Automakers and other industries are continually struggling with this issue although anticipations denote a slow boost in chips supply this year. In 2021, Ford sold up 1.9 million vehicles in the United States, conducting through the global issue. The auto firm and other automobile manufacturers had to cease their plants on and off as a result of parts shortage. Ford’s stock decreased by 13.5% in 2022 compared to a rise by almost 140% a year before.

Read more
By Saha on February 5, 2022

15 Top-selling Autos in China in 2021

Affordable Hongguang Mini in 2021 became top-selling company with a rate of 395,451 units, the association data announced. In new energy vehicles group, involving battery-powered and hybrid autos, fairly expensive vehicles, like Tesla and BYD, sold best.

Among top ten were three BYD models and BYD Qin sedan sold 187,227 cars, surpassing Tesla models sales.

Tesla’s Model Y, presented last year in China, was top in new energy SUV category selling 169,853 units in 2021, the association said.

Next was Tesla’s Model 3, which sold 150,890 units in 2021, according to the data.

Li Auto’s hybrid Li One, new energy passenger vehicle, and Xpeng’s P7 sedan were among top 10 and top 15, respectively.

The fully electric Nezha V SUV, new to the auto market, came 15 in the sales grading.

Here goes the list of 15 top-selling new energy passenger vehicles in China in 2021:

1. Hongguan Mini (SAIC-GM-Wuling)

2. Qin (BYD)

3. Model Y (Tesla)

4. Model 3 (Tesla)

5. Han (BYD)

6. Song (BYD)

7. Li One (Li Auto)

8. eQ (Chery)

9. Benben EV (Changan)

10. Aion S (GAC Motor spin-off)

11. Ora Black Cat (Great Wall Motor)

12. P7 (Xpeng)

13. Tang (BYD)

14. Ora Good Cat (Great Wall Motor)

15. Nezha V (Hozon Auto)

Read more
By Saha on January 16, 2022

China's Auto Sales Growth in 2022

Automobile’s sales in China saw a growth for the first time in 2021 since 2017, partly due to a rise in new energy vehicles (NEVs), specified industry data on January 12, 2022.

After once-a-month sales of 2.79 million vehicles last month, which set 2021’s overall sales at 26.28 million, total auto sales in the world’s largest car industry grew 3.8% year by year.

China Association of Automobile Manufacturers, CAAM, declared in its recent statement that 2022 is estimated to be a better year regarding auto production and sales. Potentially, this year obstacles including chip undersupply as well as expensive raw materials will be less severe, the statement added. The country’s auto business started shrinking in 2018 on account of a business conflict between the U.S. and China. 

China car industry tried to rebound by mid-2020; however, it was brought down due to semiconductors insufficiency across the world, leading to a global halt in production.

In the meantime, NEVs sales gained a momentum, a rise of 157.5% last year.

Last December saw a growth in NEVs sales, 114% year-on-year. CAAM’s expectation of a jump of 5.4% in auto sales and 47% rise in NEV sales reveals the country’s attempt to promote the car market and cut back air pollution. China will also bring down subsidies on NEVs by 30% this year, in this regard.

Read more
By Saha on January 12, 2022

Hyundai, Kia Expect Rise in Auto Sales in 2022

Hyundai Motor and its affiliate Kia Corporation anticipated that in 2022 their cumulative sales will witness an increase of 12.1%. This is while the sales in 2021 couldn’t hit the target as a result of chip shortage issue across the world.

The combined vehicles sales in South Korean’s top two automobile companies stood at 6.67 million in 2021, which is roughly less than the target:  6.92 million vehicles. The failure is attributable to a shortage in chip supplies.

However, their global target in 2022 will reach 7.47 million vehicles, which sounds fair according to analysts.

Hyundai Motor in a statement said the company’s plan in the current year is to grow the market share, reinforce profits- by creating a balance between chip supply and demand- modify production plans, and boost e-vehicles line.

A growth in e-vehicles demand in the pandemic era as well as supply issue have impacted the automotive industry; million vehicles have not been produced in the world as major auto parts are not available.

The analyst at Eugene Investment & Securities, Lee Jae-il, predicts the demand for vehicles will remain high in 2022, based on suppressed demand from customers who couldn’t purchase vehicles in 2021. He also said apparently chip insufficiency is lessening. Growth in raw materials prices, yet, might have a negative effect on their profits, he added.

Hyundai Motor’s shares were 0.7% higher, opposed to 0.4% jump in KOSPI benchmark.


Read more
By Saha on January 8, 2022

What to Look For in Emergency Vehicle Suppliers

Emergency vehicle suppliers can help a company save money and provide valuable services. To make sure the company is getting the best possible deal, it is important to find a supplier that fits into the budget. Often used in times of disaster relief, emergency vehicles may be donated to companies, others may be purchased. Many times an emergency vehicle may be a gift that is given to a company by the military.

How to work with the military

The best way to ensure that the vehicle is used to its full extent is to work with a company that knows how to work with the military and gives them exactly what they need at a cost they can afford. It is important to make sure that the company knows how to purchase military equipment and how to handle the supply chain.

How to work with suppliers of emergency vehicles

A company that does not know how to work with suppliers of emergency vehicles may end up overspending. When it comes to emergency vehicles, it is very difficult to say whether a company will spend too much or not. The only thing to know is that if a company wants to get the best deal, it needs to know exactly what it is working with emergency vehicles.

emergency vehicles Companies have a number of ways to gather information. These include public records, government agencies, brokers, and even word of mouth. The companies will then use this information to make a purchase decision. It is important to make sure that the company can afford the emergency vehicles and the shipping, as well as other related costs. The company will ask for all of the necessary information, including price and volume. Many companies will provide a quote before proceeding any further. When a company is trying to find the best deal on emergency vehicles, it will want to compare a number of different prices. A good option is to get quotes from several different companies. But before doing so, the company should first get an estimate for shipping and handling fees. Once the price is figured in, the price for the shipping should be figured in as well. This should include not only the cost of shipping the vehicle but also the cost of the insurance and due taxes. A company that wants to save money will take this into consideration before making the final decision. In addition to the cost of the vehicle and the shipping and handling fees, a company should also consider the price of the emergency vehicles itself. They may also want to work with the suppliers of emergency vehicles for insurance, or safety equipment that can be added to the vehicle. This is important as there are often rules and regulations that need to be followed. Another thing to consider when working with suppliers of emergency vehicles is their level of experience. Most of these companies are not involved in the field as often as a manufacturer would be.

It may be difficult to get a reliable service from a supplier of emergency vehicles who is new to the business. Companies should also ensure that the supplier they choose has the expertise to build a temporary vehicle for a client. It is important, too, to make sure that the supplier has the necessary experience, in case the company needs to return the vehicle. Companies also need to make sure that the company will provide the vehicle for the time the company needs to use it. Suppliers of emergency vehicles are important to a company because they are used for the times when the company can not provide the vehicles they need. It is important to make sure that a company makes a good deal with a supplier when the need arises. If a company is able to save money on this equipment, it can be used for other assets and help the company grow.

Samira H Revised Date: 13- 06-2020

Read more
By Saha on October 19, 2021

Things To Consider When Buying Golf Carts From A Supplier

Golf carts are a great way to get around the course without having to use your own vehicles. A reliable supplier of golf carts will be able to give you dependable vehicles and extras that will make them the most cost effective options. There are many different types of golf carts on the market today. Choosing one that is right for you can be difficult. You want a product that is in demand, but that also gives you a good value for your money. With this in mind, consider what special features you would like to have and which parts you want to add to the cart. This article will help you narrow down your choices when you do your research and buy from a reliable supplier.

To start, price is an important factor for customers. Some golfers may not want to spend too much on a cart due to a lack of funds. It is easy to find used carts for less than half of what a new one will cost. You should also take into consideration what kind of driving range or training center you want to use the cart in. This will affect the price of the cart as well as the level of customization that it can have.

Golf carts are very versatile. As said, many of them are designed to handle both indoor and outdoor driving ranges. A full-suspension vehicle is perfect for an indoor driving range, while a four-wheel drive car is ideal for rough terrain or indoor driving ranges.

If you want to use the cart at a driving range regularly, you will want to look for a lower-priced unit. If you need the cart in an indoor driving range, however, you may be able to get a higher-priced model. You may want to save money by removing some of the accessories. An experienced salesman can help you figure out the right amount of parts you will need to complete the task.

Another consideration is the ease of storage that you want your car to offer. You may want to buy a cart that you can easily push into a locker or store in a garage. You may even want to purchase one that has its own ramp for the storage. Carts that have a ramp built into them can be much easier to store and transport than carts that don't. A ramp makes it easy to move the cart with ease; even when the terrain is rough or steep. Most car dealers will offer several options when it comes to the color and design of the carts that they sell. They are also able to customize the carts so that you get exactly what you need. You can choose a ride height, whether the cart has a handbrake, the length of the chassis, the type of steering, and even the color of the wheels.

 Samira H Revised Date: 15- 06-2020

Read more
By Saha on October 19, 2021

Sources For Marine Parts And Accessories

When you buy products from a specialist distributor, it can be hard to know what the suppliers of marine parts  and accessories are selling. You will not be able to see the various products that are available. So, it is important to know what they look like and what they are for. If you are interested in purchasing marine products online, you need to have an idea of what you are looking for. You may have different components for different jobs. It is especially important to know what you want and find out how much you are going to pay for it. Even if you are buying your components to use for a project, you still need to be sure you are getting what you are looking for.

Find the specific product costs

If you are interested in finding out what specific product costs, you can try to do this yourself. You can purchase some products from a supplier and then take a few pictures of them. This will give you a good idea of how much each product is going to cost you. You may also decide that you want to see examples of different products before you make a purchase. However, it is important to realize that you may have to spend more money to do this type of research online. You will have to pay for postage and possibly use a credit card in order to purchase the item. You may also have to provide your mailing address and phone number in order to receive a tracking number.

Purchase insurance coverage for marine equipment

If you are in the business of selling products, you may be concerned about getting insurance premiums. However, it is important to know that many insurance providers allow customers to purchase insurance coverage for marine equipment. This is a good way to protect your business.

Provide proof of purchase

If you decide to purchase an insurance policy, you will need to provide proof of purchase for the items you are insuring. There may be a penalty if you can not provide the proper documentation. You will need to include your date of purchase along with your name and address. The shipping cost will need to be factored into the price. This cost is usually reasonable. Most suppliers offer flat-rate shipping rates; which means that the total cost of the items will be the same regardless of the weight.

Packaging materials

Some items require packaging materials such as bubble wrap and bubble cards. You may also need to provide labels, adhesive tape, and cardboard. You may need to purchase these items from the supplier as well.

Safety of the goods

Another important consideration is the safety of the goods you are shipping. You should make sure the shipping containers meet international standards. The type of shipment, the country where it is going, and how the cargo is insured will all affect the costs you will incur.

Sources For Marine Parts Accessories

For a long-term storage facility, you will need to put items in a climate-controlled area. This will help to keep the temperature low and prevent the growth of mold and mildew. You will also need to invest in commercial-grade lighting and ventilation systems. You will need to check with the suppliers of marine parts and accessories to find out what kind of lighting they are using. If you are in the midst of a project and the project is on hold due to bad weather, you will need to work in a closed environment. This will prevent you from coming in contact with any of the marine parts and accessories that will need to be cleaned or replaced during the project. You will need to check with the suppliers of marine parts and accessories to see if there are any special requirements that you need to adhere to. You should also check with them to find out the material that they will use for shipping and storage. Furthermore, you should ask for assistance as well in order to determine the final price of the supplies you purchase.

Samira H Revised Date: 13- 06-2020

Read more
By Saha on October 19, 2021

Motorcycle Parts And Suppliers Of Motorcycle Scooters

If you are looking for the best motorcycle parts and suppliers of motorcycle scooters, you need to know where to look. Once you start looking, you will find there are thousands of suppliers of motorcycles and scooters out there. But how do you choose who to buy from? It's no mystery how to find suppliers of motorcycle scooters. You just need to do a little bit of homework. This article will help you get started. Finding suppliers of motorcycle scooters can be done either in person or online. If you choose to get your parts and supplies from an online source, you should at least check out their product reviews and what kind of service they provide. Another option is shopping through your local area.

Take a trip to your local motorcycle shop, and ask them about the kind of supply you need. You don't want to try to shop online and run into problems, though. It's easy to get swindled out of your money by scammers who are just after your credit card number. However, if you aren't willing to do the work of going to your local motorcycle shop, then you can purchase them from online sources. Look for those that offer free shipping and that are trusted by customers.

Also, you want to do your homework on the company you are considering buying from. You want to know if they are a licensed dealer, and if they operate with integrity. You also have to check if they offer warranties and customer service. It's no good to take chances with your safety, especially when you're traveling out of town. Don't assume that all companies who supply motorcycle scooters in certain places are legitimate! Make sure you are aware of any business names you see, or any contact information, including email or telephone numbers.

Motorcycles Scooters

Another way to find suppliers of motorcycle scooters is to contact your state or county scooter dealers. They may be able to give you a list of dealers and tell you what kind of help they may be able to provide you with. Another way to find suppliers of motorcycle scooters is to talk to other motorcyclists who have dealt with these companies. If you don't know anyone who is currently using the company, this is a good way to find a comfortable one. When you start shopping for motorcycle parts and supplies, you may want to consider a professional to help you with your search. A professional can tell you where to look. He can also tell you if the business you are doing business with is a reputable one.

Samira H Revised Date: 13- 06-2020

Read more
By Saha on October 19, 2021


Enter your email address below to subscribe to our newsletter and keep up to date with the latest news, discounts and special offers.

Latest Comments