Valmet Automotive launches today a recruitment of 400 car builders for the Uusikaupunki car plant. The car sales are growing rapidly, and Valmet Automotive will be recruiting on a very urgent schedule. With rising production volumes, the new car builders will be needed at work already by the end of January. Online application is available on… Continue reading Valmet Automotive launches urgent recruitment of 400 car builders
Author: BusinessWire Online News
Grammer AG has resolved to increase its share capital by EUR 40 million from authorised capital with subscription rights for the shareholders
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 GRAMMER AG (WKN 589540, ISIN DE0005895403) Grammer AG has resolved to increase its share capital by EUR 40 million from authorised capital with subscription rights for the shareholders Ursensollen, 29 October 2020 – The Executive Board of Grammer AG today… Continue reading Grammer AG has resolved to increase its share capital by EUR 40 million from authorised capital with subscription rights for the shareholders
Allison Transmission Announces Third Quarter 2020 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the third quarter of $532 million, a 20 percent decrease from the same period in 2019… Continue reading Allison Transmission Announces Third Quarter 2020 Results
Cummins Reports Third Quarter 2020 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2020. Third quarter revenues of $5.1 billion decreased 11 percent from the same quarter in 2019. Sales in North America declined by 18 percent while international revenues were flat. Currency negatively impacted revenues by 1 percent primarily due to a weaker… Continue reading Cummins Reports Third Quarter 2020 Results
Velodyne Lidar Calls for Action to Improve Pedestrian Safety
SAN JOSE, Calif.–(BUSINESS WIRE)– #lidar–Velodyne Lidar white paper calls for performance testing of driver assistance systems to be expanded to include dark nighttime scenarios. Go to Source
Valmet Automotive sharpening its focus to e-Mobility
On Monday, Oct 12th, Valmet Automotive has reached an agreement to sell its Engineering Services Business Line to Mutares SE & Co. KGaA. The transaction is still subject to authority approvals and it is expected to close in November. The divestment decision has been motivated by Valmet Automotive’s strategy to sharpen its focus to e-Mobility and… Continue reading Valmet Automotive sharpening its focus to e-Mobility
Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings Ursensollen, October 09, 2020 – On the basis of… Continue reading Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings
Allison Transmission Launches eGen Power™, Its New Zero Emission Electric Axles for Medium and Heavy-Duty Commercial Trucks
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, is pleased to announce the launch of eGen Power, Allison’s new series of fully integrated zero emission electric axles. The eGen Power product family will… Continue reading Allison Transmission Launches eGen Power™, Its New Zero Emission Electric Axles for Medium and Heavy-Duty Commercial Trucks
Velodyne Lidar Announces Inaugural Trading on Nasdaq Global Select Market
SAN JOSE, Calif.–(BUSINESS WIRE)– #lidar–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) announced shares of its common stock and warrants have begun trading on The Nasdaq Global Select Market. Go to Source
Allison Transmission Builds on Demonstrated Performance and Improved Shift Quality with Newly Formulated Automatic Transmission Fluid
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today a new formulation of its high-performing transmission fluid. TES 668™ is a modern formulation with many advantages compared to mineral-based, non-synthetic fluids. This next generation transmission fluid is specified for all Allison 1000 Series™, 2000 Series™, 3000 Series™ and… Continue reading Allison Transmission Builds on Demonstrated Performance and Improved Shift Quality with Newly Formulated Automatic Transmission Fluid