Q1 2020 Autoliv Inc Earnings Call Stockholm Apr 24, 2020 (Thomson StreetEvents) — Edited Transcript of Autoliv Inc earnings conference call or presentation Friday, April 24, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Anders Trapp Autoliv, Inc. – VP of IR * Fredrik Westin Autoliv, Inc. – CFO &… Continue reading Edited Transcript of ALV earnings conference call or presentation 24-Apr-20 12:00pm GMT
Author: Yarhow_Finance Online News
Dana Recognized by PACCAR for Second Consecutive Year as Top Performing Supplier for Product Development, Operations Support, and Business Alignment
MAUMEE, Ohio, April. 23, 2020 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has been recognized by PACCAR as a 2019 Supplier Performance Management Achiever in North America, marking the second consecutive year as a recipient of the distinguished award. Suppliers are evaluated on cross-functional key performance indicators in the areas of product… Continue reading Dana Recognized by PACCAR for Second Consecutive Year as Top Performing Supplier for Product Development, Operations Support, and Business Alignment
Lear Provides Liquidity Update, Announces Date for First Quarter 2020 Earnings Conference Call
SOUTHFIELD, Mich., April 21, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today provided an update on its liquidity position, as well as details on the Company’s first quarter 2020 earnings conference call. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) More As of the quarter ended April… Continue reading Lear Provides Liquidity Update, Announces Date for First Quarter 2020 Earnings Conference Call
Bridgestone will close down 8 tire plants during late April-early May
TOKYO — Japanese tiremaker Bridgestone said on Monday it will suspend operations at its 11 domestic plants, including 8 tire factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic. The world’s biggest tiremaker will shut down the 8 tire plants between April 29 and May 8, including… Continue reading Bridgestone will close down 8 tire plants during late April-early May
Linamar Corporation Provides Q1 and COVID-19 Related Update on Market Conditions
GUELPH, ON , April 20, 2020 /CNW/ – Linamar Corporation (LNR.TO) today released commentary regarding ongoing COVID-19 related impacts to its business and provided the latest available updated industry conditions in the key Access, Agriculture and Automotive markets in which it operates. Linamar Corporation (CNW Group/Linamar Corporation) More A presentation deck highlighting the key actions,… Continue reading Linamar Corporation Provides Q1 and COVID-19 Related Update on Market Conditions
Adient Global Holdings Ltd — Moody’s confirms Adient’s ratings, CFR at B2, and assigns Ba3 to new senior secured note; negative outlook
Moody’s Investors Service, (” Moody’s “) confirmed the ratings of Adient Global Holdings Ltd. (Adient) including Corporate Family Rating (CFR) at B2, the Probability of Default Rating at B2-PD, and the senior unsecured ratings at B3, Adient US LLC’s senior secured facilities at Ba3; and assigned a Ba3 rating to Adient US LLC’s new senior… Continue reading Adient Global Holdings Ltd — Moody’s confirms Adient’s ratings, CFR at B2, and assigns Ba3 to new senior secured note; negative outlook
Adient announces intention to offer $500 million of senior secured notes
PLYMOUTH, Mich., April 20, 2020 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced that its wholly-owned subsidiary, Adient US LLC, intends, subject to market and other customary conditions, to offer $500 million in aggregate principal amount of senior secured notes due 2025 (the “Notes”) in a private offering. (PRNewsfoto/Adient) More Adient intends… Continue reading Adient announces intention to offer $500 million of senior secured notes
Adient announces preliminary Q2 fiscal 2020 results; exploring funding options to further strengthen the balance sheet
– Adient to announce Q2FY20 financial results on May 5, 2020 PLYMOUTH, Mich., April 20, 2020 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today reported certain preliminary financial results for the quarter ended March 31, 2020. Revenue in Q2FY20 is expected to be approximately $3.5B versus $4.2B in Q2FY19. Q2FY20 Adjusted EBITDA is… Continue reading Adient announces preliminary Q2 fiscal 2020 results; exploring funding options to further strengthen the balance sheet
Goodyear suspends dividend, to cut payroll costs affecting 9,000 employees; stock drops
Shares of Goodyear Tire & Rubber & Co. dropped 4.7% in premarket trading Thursday, after the tire maker warned of a sales miss, suspended its dividend and announced payroll cost cuts that will affect more than 9,000 employees. The company said it expects first-quarter sales to fall to $3.0 billion from $3.6 billion, compared with… Continue reading Goodyear suspends dividend, to cut payroll costs affecting 9,000 employees; stock drops
Hyundai Mobis expands its technical center in Hyderabad, India to strengthen software development of future vehicles
It will set up the second technical center in a new IT complex near the first one in Hyderabad. Aiming to address the continuous expansion of automobile software development and secure stability Expected to strengthen its position as a software-specialized center SEOUL, South Korea, April 13, 2020 /PRNewswire/ — As part of its global R&D… Continue reading Hyundai Mobis expands its technical center in Hyderabad, India to strengthen software development of future vehicles