Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Supervisory Board members Alfred Weber and Dr. Peter Merten resign their mandats at the end of the Annual General Meeting Ursensollen, March 09, 2022 – The Chairman of the Supervisory Board of GRAMMER AG,… Continue reading GRAMMER AG: Supervisory Board members Alfred Weber and Dr. Peter Merten resign their mandats at the end of the Annual General Meeting
Author: BusinessWire Online News
Allison Transmission Unveils New Innovation Center at Indianapolis Headquarters
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, today unveiled the Allison Transmission Innovation Center, a new 96,000-square-foot facility featuring enhanced product and technology development and validation capabilities to support its customers, industry partners and suppliers. At the state-of-the-art facility located on the campus of… Continue reading Allison Transmission Unveils New Innovation Center at Indianapolis Headquarters
Valmet Automotive’s operations are CO2 neutral since beginning of 2022
Valmet Automotive Group is confirmed by the international classification society DNV to be CO2 neutral in its operations since January 1, 2022. Carbon neutrality is a strategic goal of Valmet Automotive, and the company has significantly reduced emissions from its operations in recent years. Valmet Automotive is a leading player in the automotive industry in climate… Continue reading Valmet Automotive’s operations are CO2 neutral since beginning of 2022
Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to… Continue reading Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability
COLUMBUS, Ind.–(BUSINESS WIRE)–At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. “The decarbonization… Continue reading Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability
Cummins to Acquire Meritor
COLUMBUS, Ind. & TROY, Mich.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins… Continue reading Cummins to Acquire Meritor
Allison Transmission Announces Fourth Quarter and Full Year 2021 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 20 percent increase in net sales from the same period in 2020, and a 14 percent… Continue reading Allison Transmission Announces Fourth Quarter and Full Year 2021 Results
Grammer expanding aftermarket presence in Europe: Fricke Group to be an authorized Grammer sales partner
Next step by Grammer towards strategic growth Strong partnership for Europe-wide business in seats and spare parts Grammer offroad and truck products now also available through the Fricke Group’s Europe-wide logistics network Grammer AG, February 16, 2022 – Digital access, reliable deliveries and comprehensive service are key factors for success in the aftermarket. They also… Continue reading Grammer expanding aftermarket presence in Europe: Fricke Group to be an authorized Grammer sales partner
Velodyne Lidar Wins Patent Challenge Brought by Quanergy in Federal Circuit Court of Appeals
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced it has won a patent challenge brought by competitor Quanergy. Go to Source
Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’… Continue reading Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future