Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Earnings development in first quarter of 2022 significantly below prior-year level Ursensollen, April 12, 2022 – Based on preliminary figures, GRAMMER AG’s earnings performance in the first quarter of 2022 was significantly below the… Continue reading GRAMMER AG: Earnings development in first quarter of 2022 significantly below prior-year level
Author: BusinessWire Online News
Toyoda Gosei to Establish New Airbag Plant in South China
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will establish a new plant in Guangdong Province, China, to enhance its production network for airbags and steering wheels, its major products, in China, where the automobile market continues to grow. The new plant will be established as a branch plant of Toyoda Gosei Group company Toyoda Gosei… Continue reading Toyoda Gosei to Establish New Airbag Plant in South China
Valmet Automotive entering into manufacturing partnership with EV brand Sono Motors
Valmet Automotive has signed a binding term sheet on solar electric vehicle manufacturing with Sono Motors, the German-based technology company. The cooperation contains the manufacturing of the Sion model, a full electric vehicle with fully integrated solar cells for a period of 7 years. The production is scheduled to start in the second half of 2023… Continue reading Valmet Automotive entering into manufacturing partnership with EV brand Sono Motors
GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
▪11.2% increase in GRAMMER Group revenue to about EUR 1.9 billion, driven chiefly by the Commercial Vehicles Division (up 31.0%)▪ Operating EBIT improved from EUR -11.7 million to EUR 22.8 million▪ APAC enjoyed considerable growth (up 19.8%), AMERICAS region in need of restructuring▪ Business performance in H2 2021 affected by reduced and volatile customer call-offs… Continue reading GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Valmet Automotive reached a new record volume in battery manufacturing in 2021 with over 400,000 delivered units. The ramp-up in volume was due to strong customer demand, increased production efficiency, extension of the Salo battery plant and battery production start at the Uusikaupunki plant. Valmet Automotive is extending and diversifying its battery supply. Valmet Automotive… Continue reading Electric mobility: Valmet Automotive delivered over 400,000 batteries in 2021
Valmet Automotive starts change negotiations due to component shortage
Valmet Automotive has today issued a change negotiation proposal on the need for temporary personnel layoffs at the Uusikaupunki car plant. The proposal is based on financial and production-related grounds due to a component shortage in the A-Class production, caused by the recent global disruptions in component supply chains. For Valmet Automotive, the situation has… Continue reading Valmet Automotive starts change negotiations due to component shortage
Quanergy LiDAR Solutions to Accelerate the Adoption of Automation in the Material Handling Market
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy LiDAR Solutions to Accelerate the Adoption of Automation in the Material Handling Market Go to Source
Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group
Despite the continued extraordinary external circumstances with the corona pandemic and component shortages, 2021 was a year of growth for Valmet Automotive in all business lines with the strongest growth in EV Systems. The most significant events of the year included several new customer contracts in all business lines, new production facilities and products in the… Continue reading Valmet Automotive’s Annual Review 2021: Strong growth in EV Systems, record operating profit for the Group
GRAMMER AG: Supervisory Board members Alfred Weber and Dr. Peter Merten resign their mandats at the end of the Annual General Meeting
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
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