COLUMBUS, IND.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022. Sales in North America increased 39 percent and international revenues increased 24 percent due to the addition of Meritor and strong demand across all key… Continue reading Cummins Reports Record First Quarter 2023 Results
Author: BusinessWire Online News
Allison Transmission Announces First Quarter 2023 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), today reported first quarter net sales of $741 million, a 9 percent increase from the same period in 2022, and diluted EPS of $1.85, a 42 percent increase from the same period in 2022. David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “Our first… Continue reading Allison Transmission Announces First Quarter 2023 Results
Good Start to 2023 Financial Year for GRAMMER AG
Significant 14.4% revenue upturn for GRAMMER Group to EUR 589.1 million; All regions contribute to growth; highest revenue increase in APAC region (+31.8%) Both divisions report double-digit revenue growth: Automotive +14.7% to EUR 371.9 million; Commercial Vehicles +13.8% to EUR 217.2 million Operating EBIT well into positive territory at EUR 13.9 million after EUR -2.5… Continue reading Good Start to 2023 Financial Year for GRAMMER AG
Cummins Inc. and Tata Motors Strengthen Their 30-Year Alliance to Power a Cleaner India With Low- to Zero-Emissions Technologies for Mobility Solutions
COLUMBUS, Ind.–(BUSINESS WIRE)–Global power leader Cummins Inc. (NYSE: CMI) announced today that it has signed a definitive agreement with Tata Motors Limited (TML), to manufacture a range of low- to zero-emissions technology products in India over the next few years. The definitive agreement was signed by Jennifer Rumsey, President and Chief Executive Officer, Cummins Inc.,… Continue reading Cummins Inc. and Tata Motors Strengthen Their 30-Year Alliance to Power a Cleaner India With Low- to Zero-Emissions Technologies for Mobility Solutions
Nuevo Leon Modernizes Public Transportation with Allison Transmission-Equipped Compressed Natural Gas Buses
INDIANAPOLIS–(BUSINESS WIRE)–Through its partnership with Foton, an international commercial vehicle manufacturer headquartered in Beijing, China, Allison Transmission is providing the propulsion solution for 400 Foton AUV compressed natural gas (CNG) buses being exported to Nuevo Leon, Mexico, to aid in the state’s plan to modernize public transportation. In China last year, Allison realized double digit… Continue reading Nuevo Leon Modernizes Public Transportation with Allison Transmission-Equipped Compressed Natural Gas Buses
Grammer at Auto Shanghai 2023: Innovation, Customer Focus, Sustainability
Innovation: e-air vents support clean surfaces in minimalist interiors Customer focus: agile organization scores with flexibility and speed Sustainability: new headrest concept saves 80 % CO2 Grammer AG, April 18, 2023 – Innovative solutions from one of the market leaders in automotive interiors: At the Auto Shanghai 2023, Grammer will be showcasing its… Continue reading Grammer at Auto Shanghai 2023: Innovation, Customer Focus, Sustainability
GRAMMER AG: Revenue and earnings development in the first quarter of 2023 significantly above previous year’s level
Release of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Revenue and earnings development in the first quarter of 2023 significantly above previous year’s level Ursensollen, April 18, 2023 – Based on preliminary figures, GRAMMER AG is reporting revenue and earnings development in the first… Continue reading GRAMMER AG: Revenue and earnings development in the first quarter of 2023 significantly above previous year’s level
Toyoda Gosei to Exhibit at Auto Shanghai 2023
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will exhibit at Auto Shanghai 2023, to be held at the National Exhibition and Convention Center Shanghai, China from April 18 to 27, 2023. China is the world’s largest automotive market and a key market for Toyoda Gosei, which seeks to develop high value-added products and grow its… Continue reading Toyoda Gosei to Exhibit at Auto Shanghai 2023
Valmet Automotive extends lease in Bad Friedrichshall
The cooperation between Valmet Automotive and GMV (Gebäude-Management und Verwaltung GmbH) has existed for many years. In the course of the long-standing cooperation, a trustful relationship has developed, emphasize GMV Managing Director Ibro Filan and Stefan Sommer, Site Manager of Valmet Automotive in Bad Friedrichshall, at the signing of the new contract. In recent years,… Continue reading Valmet Automotive extends lease in Bad Friedrichshall
Toyoda Gosei Develops World’s First Millimeter Wave Radar Compatible Emblem that Emits Light
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed the world’s first* automobile emblem that is both transparent to millimeter wave radar and luminescent. This product will be used on the new Lexus RZ battery electric vehicle (BEV) from Toyota Motor. Toyoda Gosei has previously provided millimeter wave radar compatible emblems, which offer both an… Continue reading Toyoda Gosei Develops World’s First Millimeter Wave Radar Compatible Emblem that Emits Light