Lear to defer 20% of salaried employees pay, cut CEO’s salary by 10%

Lear Corp. said Friday it was implementing a temporary 20% salary deferral for all salaried employees in the U.S. and Canada. The auto parts maker said Chief Executive Ray Scott’s salary will be reduced by 10% for the rest of 2020, and other named executive officer salaries will be cut by 5%. To put Scott’s… Continue reading Lear to defer 20% of salaried employees pay, cut CEO’s salary by 10%

Lear Takes Additional Steps to Address Impacts of COVID-19 Pandemic

SOUTHFIELD, Mich., April 10, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it is taking new measures to address industry conditions created by the COVID-19 pandemic. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) More In addition to previously announced actions to further strengthen its balance sheet… Continue reading Lear Takes Additional Steps to Address Impacts of COVID-19 Pandemic

Edited Transcript of KBX.DE earnings conference call or presentation 7-Mar-19 1:00pm GMT

Preliminary 2018 Knorr Bremse AG Earnings Call Apr 7, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Thursday, March 7, 2019 at 1:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Klaus Deller * Ralph Heuwing Knorr-Bremse Aktiengesellschaft – CFO & Member of Executive Board ================================================================================… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 7-Mar-19 1:00pm GMT

NIO Inc. Provides March 2020 Delivery Update

Delivered 1,533 vehicles in March 2020 Delivered 3,838 vehicles in 2020 in total Cumulative deliveries of ES8 and ES6 reached 35,751 SHANGHAI, China, April 07, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today provided its March 2020 delivery results. NIO delivered 1,533 vehicles… Continue reading NIO Inc. Provides March 2020 Delivery Update

Edited Transcript of KBX.DE earnings conference call or presentation 11-Mar-20 12:15pm GMT

Q4 2019 Knorr Bremse AG Earnings Call Apr 3, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Wednesday, March 11, 2020 at 12:15:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andreas Spitzauer Knorr-Bremse Aktiengesellschaft – Head of IR * Bernd Eulitz Knorr-Bremse Aktiengesellschaft – Chairman… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 11-Mar-20 12:15pm GMT

Edited Transcript of HLE.DE earnings conference call or presentation 2-Apr-20 8:00am GMT

Q3 2020 HELLA GmbH & Co KgaA Earnings Call Lippstadt Apr 2, 2020 (Thomson StreetEvents) — Edited Transcript of HELLA GmbH & Co KgaA earnings conference call or presentation Thursday, April 2, 2020 at 8:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Rolf Breidenbach HELLA GmbH & Co. KGaA – Chairman of… Continue reading Edited Transcript of HLE.DE earnings conference call or presentation 2-Apr-20 8:00am GMT

Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

Nio’s Electric Power Engineering Chief Quits Admit Restructuring: Report

Huang Chendong, who is in charge of Nio Inc – ADR’s (NYSE: NIO) electric power engineering team, will leave his post by June 30, Chinese media outlet 36Kr reported, which said the news was confirmed by management.  Chendong was promoted to the role of senior vice president in October and is reporting directly to CEO William… Continue reading Nio’s Electric Power Engineering Chief Quits Admit Restructuring: Report

Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT

Q4 2019 Continental AG Earnings Call Hanover Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of Continental AG earnings conference call or presentation Thursday, March 5, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Bernard Wang Continental Aktiengesellschaft – Head of IR * Wolfgang Schäfer Continental Aktiengesellschaft – CFO &… Continue reading Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT

Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT

Q3 2019 Elringklinger AG Earnings Call Dettingen/Erms Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Monday, March 30, 2020 at 12:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT