Valmet Automotive has concluded the change negotiations started on April 29, 2022 concerning all personnel in its Manufacturing business line at the Uusikaupunki car plant. Based on the alternatives discussed in the change negotiations, Valmet Automotive will implement changes in job descriptions, lay-offs for an indefinite period and terminations of employment. The total reduction need is… Continue reading Valmet Automotive concludes change negotiations
Author: BusinessWire Online News
Velodyne Lidar CMO Sally Frykman Named Finalist for Sensors Converge Award
SAN JOSE, Calif.–(BUSINESS WIRE)– #Lidar–Velodyne Lidar announced its CMO Sally Frykman has been named a finalist for the Woman of the Year award from Sensors Converge and Fierce Electronics. Go to Source
Velodyne Lidar Wins GeoBuiz Summit Award for Innovation in Mapping Technology
SAN JOSE, Calif.–(BUSINESS WIRE)– #Lidar–Velodyne Lidar announced its Intelligent Infrastructure Solution won the GeoBuiz Summit Award in the Mapping Technology category. Go to Source
Readers’ Choice 2022 of the ETM publishing house: Grammer again “Best Brand” for bus passenger seats
– Grammer in first place for the fourth time in succession– Products deliver compelling performance with quality and reliability Grammer AG, June 2, 2022 – Grammer wins again: Some 6,000 readers of the German magazines “trans aktuell”, “Lastauto Omnibus”, “Fernfahrer” and the online portal “eurotransport.de” are convinced by the company’s products. In the “Best Brands 2022”… Continue reading Readers’ Choice 2022 of the ETM publishing house: Grammer again “Best Brand” for bus passenger seats
CSPI Construction Equipment Expo: Grammer showcases the high-end seat MSG 97G/732 in Japan
Grammer consistently expands presence in the Japanese construction machinery sector ErgoPlus control pod carrier revolutionizes working comfort and ergonomics on excavators and other construction machinery Modular platform for all applications worldwide Grammer AG, May 25, 2022 – With a good 20 percent share of the global market, the Japanese construction machinery industry is a real… Continue reading CSPI Construction Equipment Expo: Grammer showcases the high-end seat MSG 97G/732 in Japan
Quanergy Chosen by Audio Technology to Protect Military Base
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE: QNGY) (“Quanergy”) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Audio Technology has selected Quanergy to provide perimeter intrusion detection to reduce false alarms, provide real-time tracking and classification, all while working under any lighting conditions. Quanergy provides perimeter security to a critical military… Continue reading Quanergy Chosen by Audio Technology to Protect Military Base
VW Multivan: Grammer rethinks center console
Center table with height adjustment movable across three rows of seats Consistent lightweight construction, innovative locking system, new kinematics Multifunctional foldable flaps, spacious storage compartments Grammer AG, May 19, 2022 – Grammer is bringing variability to the automotive interior: The company has designed a next-generation center console for Volkswagen Commercial Vehicles’ new VW Multivan featuring consistent… Continue reading VW Multivan: Grammer rethinks center console
GRAMMER AG: Thorsten Seehars leaves GRAMMER at the end of May 2022
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Thorsten Seehars leaves GRAMMER at the end of May 2022 Ursensollen, May 16, 2022 – The Supervisory Board and the Chief Executive Officer (CEO) of GRAMMER AG, Thorsten Seehars, today mutually agreed to terminate… Continue reading GRAMMER AG: Thorsten Seehars leaves GRAMMER at the end of May 2022
Cummins Reports First Quarter 2022 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2022. First quarter revenues of $6.4 billion increased 5 percent from the same quarter in 2021. Sales in North America increased 12 percent while international revenues decreased 3 percent, driven primarily by a slowdown in China. “Demand for our products remains… Continue reading Cummins Reports First Quarter 2022 Results
GRAMMER AG Publishes Figures for Q1 2022 and Outlook for 2025
Revenue and earnings development in the first quarter were impacted by rising inflation, renewed coronavirus lockdowns affecting the Chinese market, and sustained bottlenecks on the procurement markets Slight 2.2% increase in GRAMMER Group revenue to EUR 515.0 million, driven mainly by the Commercial Vehicles Division (up 13.9%) and positive currency effects APAC saw substantial decline… Continue reading GRAMMER AG Publishes Figures for Q1 2022 and Outlook for 2025