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
Author: BusinessWire Online News
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
Grammer establishes joint venture with FAW: Premium commercial vehicle seats for China
Grammer AG, April 14, 2021 – Grammer AG agreed on another joint venture with FAW Group. Together with a subsidiary of the largest Chinese commercial vehicle manufacturer, Grammer will produce high-quality truck seats available ex works in many of FAW Group’s truck model platforms. In doing so, the partner companies will benefit from an ongoing… Continue reading Grammer establishes joint venture with FAW: Premium commercial vehicle seats for China
Toyoda Gosei Sets Medium and Long-Term Targets for Achieving Carbon Neutrality
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) has formulated new medium and long-term CO2 reduction targets it calls “Targets 50 & 50.” It has also set CO2 reduction targets in its 7th Environmental Action Plan1 covering the five years until 2025, and is accelerating efforts for decarbonization. In moving toward carbon neutrality, Toyoda Gosei… Continue reading Toyoda Gosei Sets Medium and Long-Term Targets for Achieving Carbon Neutrality
Velodyne Lidar Announces Multi-Year Agreement With AGM Systems LLC
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced a multi-year agreement with AGM Systems, which will use a Velodyne lidar sensor in their new AGM-MS3 UAV mapping solution. Go to Source
GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020
GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020 – Full-year revenue of 1.7 billion euros in 2020 – Operating EBIT of 34.0 million euros in the second half of 2020 after -45.7 million euros in the first half of the year– Successful funding operations with a volume of over… Continue reading GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020