Dana Incorporated Announces Strong Second-quarter Results; Affirms Full-year Guidance Ranges

MAUMEE, Ohio, July 31, 2019 /PRNewswire/ — Second-quarter Highlights Strong sales of $2.3 billion, an increase of $252 million compared with second-quarter 2018; represents 11th consecutive quarter of year-over-year sales growth Net loss attributable to Dana of $68 million; diluted EPS a…

LiDAR specialist Ibeo Automotive Systems GmbH establishes a U.S. subsidiary to boost its business in the United States

DETROIT and HAMBURG, Germany, July 29, 2019 /PRNewswire/ — Ibeo Automotive Systems, a LiDAR sensor specialist from Hamburg, has established a wholly owned subsidiary in the United States: Ibeo Automotive USA Inc. in Detroit. Paula Jones, the former director of the Customer Business Unit of Gentherm Inc., was named president and manages the new company. This step… Continue reading LiDAR specialist Ibeo Automotive Systems GmbH establishes a U.S. subsidiary to boost its business in the United States