Grammer Group revenue rose to around EUR 2 billion despite challenging market environment

-Umsatz der Grammer Gruppe überstieg erstmalig 2 Milliarden Euro und wuchs um rund 9 Prozent gegenüber dem Vorjahr -Operatives EBIT mit rund 77 Millionen Euro im herausfordernden Branchenumfeld auf Vorjahresniveau   -Vorläufige Geschäftszahlen für das Jahr 2019 im Rahmen der angepassten Prognose  Amberg, 4. Februar 2020 – Trotz der erheblichen Herausforderungen für die Weltwirtschaft und den… Continue reading Grammer Group revenue rose to around EUR 2 billion despite challenging market environment

Valmet Automotive Battery Test Center operational by the end of February

Due to the high demand for test capacities on battery modules and battery systems of electrically powered vehicles, Valmet Automotive is working with high pressure to set up its Battery Test Center (BTC) in Bad Friedrichshall, nearby city of Heilbronn. The facility should be operational by the end of February. The construction of Valmet Automotive’s… Continue reading Valmet Automotive Battery Test Center operational by the end of February

Quanergy and Geely Establish Strategic Partnership for Smart City and Autonomous Vehicle Initiatives

SUNNYVALE, Calif.–(BUSINESS WIRE)– #AIpowered3dlidar–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, announced that the company was selected as a LiDAR partner for Geely Automotive Group (“Geely”), one of the largest and most innovative automotive companies in the industry. Geely and Quanergy will have a deep collaboration… Continue reading Quanergy and Geely Establish Strategic Partnership for Smart City and Autonomous Vehicle Initiatives

Valmet Automotive has started battery production in Salo

Valmet Automotive has today started the production of automotive batteries in its new plant in Salo, Finland. The battery plant project has progressed on schedule, and with the ramp up of production volumes, Valmet Automotive will continue recruiting more employees to the Salo plant. Valmet Automotive have today completed the first battery packs destined for… Continue reading Valmet Automotive has started battery production in Salo

Valmet Automotive – 50 years of Finnish car manufacturing

The first car at the Uusikaupunki car plant was completed on November 13, 1969, at 6 am. The car was a Saab 96, unveiled at 3 pm on that day in a gala ceremony to mark the start of car manufacturing. Today, Valmet Automotive has celebrated 50 years of automotive manufacturing at the Uusikaupunki plant with… Continue reading Valmet Automotive – 50 years of Finnish car manufacturing

Toyoda Gosei Develops Radiator Grille for Sporty Vehicle Exterior

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed an automobile radiator grille that gives vehicles a sportier feel, using paint with a brilliant black luster that imparts a striking feeling of depth. These grilles are used on the special edition LEXUS IS F-Sport model launched by Toyota Motor Corporation in October 2019. Toyoda Gosei… Continue reading Toyoda Gosei Develops Radiator Grille for Sporty Vehicle Exterior

Toyoda Gosei to Enhance Production Capacity for Interiors/Exteriors in US

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will enhance its production capacity for interior and exterior products at three production subsidiaries in the USA to keep up with growing sales of large products such as radiator grilles in North America. The company will invest a total of USD60.3 million in three companies, Toyoda Gosei Texas… Continue reading Toyoda Gosei to Enhance Production Capacity for Interiors/Exteriors in US

Toyoda Gosei to Increase Airbag Part Production Capacity in Vietnam

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) will increase the production capacity at Toyoda Gosei Haiphong Co., Ltd. (TGHP), a production subsidiary making airbag parts in Vietnam, to meet the growing demand for airbags globally. A new building will be constructed at the company’s Thai Binh Plant and annual production capacity of the bags that… Continue reading Toyoda Gosei to Increase Airbag Part Production Capacity in Vietnam

Grammer asserting itself in a difficult market environment

-Anstieg des Konzernumsatzes in den ersten neun Monaten um 14 Prozent auf 1,5 Milliarden Euro-Operatives EBIT mit 59,2 Millionen Euro leicht über Vorjahr-Allgemeine Marktentwicklung und operative Sonderthemen im dritten Quartal belasten die Profitabilität-Initiierung eines Effizienzsicherungsprogramms zur Optimierung der operativen Prozesse und Kostenstrukturen Amberg, 12. November 2019 – Die großen Herausforderungen der Automobilbranche haben das dritte… Continue reading Grammer asserting itself in a difficult market environment