Automakers

Why margin-boosting lessons learned in H1 should continue to pay dividends

VW ID4 in Berlin dealership
The global semiconductor shortage hobbled auto output, leaving showrooms with few models to display, but because of strong consumer demand automakers were able to sell their inventories without big discounts. This helped VW Group report a record 8.8 percent EBIT margin in the first six months. (Bloomberg)
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By:
Nick Gibbs
September 07, 2021 04:00 AM

Featured Stories

Ford
Ford cutting hundreds of connected-vehicle software jobs
Ford

The cuts amount to roughly 5% of the automaker’s connected-vehicle software team, which is under the purview of Doug Field, Ford’s chief EV, digital and design officer.

MM
By:
Michael Martinez
Ford cutting hundreds of connected-vehicle software jobs
Nissan
Nissan to shut more factories, double planned job cuts after $4.5B net loss
Nissan
HG
By:
Hans Greimel
Nissan to shut more factories, double planned job cuts after $4.5B net loss
Honda
Honda forecasts tariffs will hit profits hard, postpones Canada EV investment
Honda
HG
By:
Hans Greimel
Honda forecasts tariffs will hit profits hard, postpones Canada EV investment
Retail
Automakers, dealers in ZEV states brace for next big mandate
Retail
LP
By:
Larry P. Vellequette
Automakers, dealers in ZEV states brace for next big mandate