AUBURN HILLS, Mich., March 24, 2020 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) (the “Company”) acknowledged that many original equipment manufacturer (“OEM”) customers have announced that they have suspended or will suspend manufacturing operations, particularly in North America and Europe, on a temporary basis due to market conditions and matters associated with COVID-19/coronavirus. Significant reductions in automotive or truck production… Continue reading BorgWarner Provides Business Update Related to COVID-19
Author: Yarhow_Finance Online News
Adient suspends FY2020 outlook due to COVID-19 uncertainty
PLYMOUTH, Mich., March 20, 2020 /PRNewswire/ — Adient, a global leader in automotive seating, today announced that it is suspending its FY2020 outlook due to the unprecedented global economic uncertainty caused by the COVID-19 pandemic. (PRNewsfoto/Adient) More Adient will provide a business update on its second quarter earnings call, scheduled for May 1, 2020. “The coronavirus… Continue reading Adient suspends FY2020 outlook due to COVID-19 uncertainty
Autoliv Takes Measures to Mitigate the Potential Effects of the Corona Virus (COVID-19) Pandemic and Draws $500M From Credit
STOCKHOLM, March 19, 2020 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announced that the coronavirus (COVID-19) outbreak will likely lead to a negative effect on the Company’s operations due to how the outbreak is affecting the automotive industry in general. The extent of such negative impact remains to… Continue reading Autoliv Takes Measures to Mitigate the Potential Effects of the Corona Virus (COVID-19) Pandemic and Draws $500M From Credit
Goodyear to suspend Americas manufacturing through at least April 3 due to COVID-19
Goodyear Tire & Rubber Co. on Wednesday said it will suspend Americas manufacturing through at least April 3 because of the coronavirus pandemic. The shutdown is to begin at plants in the U.S., Mexico, Canada, Brazil, Chile, and Colombia. On Tuesday, the company announced plans to temporarily close its European tire and retread plants in… Continue reading Goodyear to suspend Americas manufacturing through at least April 3 due to COVID-19
Edited Transcript of KBX.DE earnings conference call or presentation 27-Nov-19 12:30pm GMT
Q3 2019 Knorr Bremse AG Earnings Call Mar 13, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Wednesday, November 27, 2019 at 12:30:00pm 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 27-Nov-19 12:30pm GMT
Edited Transcript of LNR.TO earnings conference call or presentation 11-Mar-20 9:00pm GMT
Q4 2019 Linamar Corp Earnings Call GUELPH Mar 12, 2020 (Thomson StreetEvents) — Edited Transcript of Linamar Corp earnings conference call or presentation Wednesday, March 11, 2020 at 9:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Dale Schneider Linamar Corporation – CFO * Jim Jarrell Linamar Corporation – President & COO *… Continue reading Edited Transcript of LNR.TO earnings conference call or presentation 11-Mar-20 9:00pm GMT
Edited Transcript of KBX.DE earnings conference call or presentation 12-Sep-19 10:59am GMT
Q2 2019 Knorr Bremse AG Earnings Call and Capital Market Lunch London Mar 12, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Thursday, September 12, 2019 at 10:59:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andreas Spitzauer Knorr-Bremse Aktiengesellschaft – Head of IR * Jürgen… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 12-Sep-19 10:59am GMT
NIO Inc. to Report Fourth Quarter and Full Year 2019 Financial Results on Wednesday, March 18, 2020
SHANGHAI, China, March 10, 2020 — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it will report. Go to Source
NIO Announces US$235 Million Private Placements of Short-term Convertible Notes
SHANGHAI, China, March 05, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with several unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate principal… Continue reading NIO Announces US$235 Million Private Placements of Short-term Convertible Notes
Eaton Completes the Sale of its Lighting Business
Power management company Eaton (NYSE:ETN) today announced it has completed the sale of its Lighting business to Signify N.V. The Lighting business, which had sales of $1.7 billion in 2019, is one of the world’s leading providers of LED lighting and control solutions. Eaton’s mission is to improve the quality of life and the environment… Continue reading Eaton Completes the Sale of its Lighting Business