KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has established a new plant in Mexico, the TAPEX Mexicana, S.A. de C.V. (TAPEX) Monterrey Plant, and started its production of the bags that are a main component of automotive airbags in March 2021. This will help to meet the growing demand for airbags. In Toyoda Gosei’s medium-term… Continue reading Toyoda Gosei Starts Operation of New Plant in Mexico
Author: BusinessWire Online News
Valmet Automotive signs 3rd customer deal for Uusikaupunki battery plant, production line installations started
Valmet Automotive has signed a third customer deal for manufacturing battery systems at the Uusikaupunki battery plant. The customer is a major automotive OEM. Installations of the production lines have started at the plant, and the recruitment campaign is progressing well. Production at the battery plant will start in the second half of 2021. The… Continue reading Valmet Automotive signs 3rd customer deal for Uusikaupunki battery plant, production line installations started
Cummins Reports First Quarter 2021 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new… Continue reading Cummins Reports First Quarter 2021 Results
Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Valmet Automotive has today published the Group’s Sustainability Report for 2020. Despite a challenging year, Valmet Automotive made significant progress towards its sustainability goals in 2020. The report presents the company’s key sustainability themes, strategic priorities and 2020 highlights. Valmet Automotive publishes the Sustainability Report annually. The importance of sustainable development is constantly growing in… Continue reading Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Valmet Automotive’s Annual Review 2020: Good performance and solid strategy execution despite extraordinary circumstances
In 2020, Valmet Automotive’s profitability in the continued businesses was maintained close to previous year’s level despite the corona pandemic related production losses during the second and third quarter. Business build of and investments to EV Systems business line continued according to plans and cash flow after investments remained positive. Net sales of EUR 494.0… Continue reading Valmet Automotive’s Annual Review 2020: Good performance and solid strategy execution despite extraordinary circumstances
Allison Transmission Announces First Quarter 2021 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today reported net sales for the first quarter of $588 million, a 10 percent increase from… Continue reading Allison Transmission Announces First Quarter 2021 Results
GRAMMER AG continues positive business trend in first quarter of 2021
Ursensollen, April 28, 2021 – GRAMMER Group revenue came to EUR 503.7 million in the first quarter of 2021 (Q1 2020: EUR 454.9 million), representing an increase of 10.7% year-on-year. The marked recovery in business performance from the second half of 2020 continued in the first quarter of 2021, whereas the first quarter of 2020… Continue reading GRAMMER AG continues positive business trend in first quarter of 2021
Blickfeld Sensors Become Smart LiDARs and Enable Integrated Motion Detection
MUNICH–(BUSINESS WIRE)– #autonomousdriving–Blickfeld enables Smart LiDAR functionality on their sensors through on-device pre-processing. Go to Source
Allison Transmission’s eGen Flex™ Electric Hybrid Solution Introduced in New York City Transit Buses
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, is pleased to announce that the eGen Flex™, its next generation electric hybrid propulsion solution, will be put into revenue… Continue reading Allison Transmission’s eGen Flex™ Electric Hybrid Solution Introduced in New York City Transit Buses
Allison Transmission Releases 2020 Environmental, Social and Governance Report
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems has released its first-ever Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance… Continue reading Allison Transmission Releases 2020 Environmental, Social and Governance Report