Zurich, November 1, 2022: Kongsberg Automotive (KA) will release its Q3 results on Tuesday November 8, 2022 at approximately 07:00 CET. President & CEO Joerg Buchheim and CFO Frank Heffter will present the results during a webcast at 08:00* CET and will host a Q&A session after the presentation. The event is open to the… Continue reading (Reminder) Invitation to Kongsberg Automotive’s Q3 2022 Earnings Presentation
Author: GlobeNews Newswire
Transactions carried out under the share buy-back program
As announced May 13, 2022 Kongsberg Automotive ASA put in place a non-discretionary agreement with Danske Bank for the repurchase of Kongsberg Automotive shares for up to 10% of its outstanding shares in the market. The share repurchases started May 19, 2022. Date Aggregated Daily Volume (# of Shares) Weighted Average Price (NOK) Total Transaction… Continue reading Transactions carried out under the share buy-back program
Visteon Announces Third-Quarter 2022 Results
VAN BUREN TOWNSHIP, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported third quarter 2022 financial results. Highlights include: Sales of $1,026 million, up 63% from prior year 14th consecutive quarter of growth-over-market 1 Net income of $44 million Adjusted EBITDA of $95 million or 9.3% of sales 32 new products… Continue reading Visteon Announces Third-Quarter 2022 Results
Martinrea International Inc. to Announce Third Quarter Results on November 1, 2022
TORONTO, Oct. 26, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the third quarter ended September 30, 2022 on Tuesday, November 1, 2022 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern… Continue reading Martinrea International Inc. to Announce Third Quarter Results on November 1, 2022
Kongsberg Automotive wins contract worth EUR 30.7 million in estimated lifetime revenue
Kongsberg Automotive (KA)’s Powertrain & Chassis Driveline business unit has secured a contract for passenger cars worth EUR 30.7 million in estimated lifetime revenue and average annual revenue of EUR 6.1 million. Driveline was awarded this five-year contract by one of the largest Original Equipment Manufacturers (OEMs) in China for KA’s shift-by-wire system. The system… Continue reading Kongsberg Automotive wins contract worth EUR 30.7 million in estimated lifetime revenue
Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis
Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia facility Agreement includes additional hybrid models in the future for Europe AURORA, Ontario, Oct. 26, 2022 (GLOBE NEWSWIRE) — Magna’s 48-Volt hybrid transmission hit the market on the Jeep… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis
Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), October 26, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading Ferrari N.v.: Periodic Report on the Buyback Program
Michelin: Nine-month sales rose by 20.5% to €20.7 billion. In a highly inflationary environment, 2022 full-year guidance is confirmed for operating income and adjusted for structural free cash flow.
Clermont-Ferrand, October 25, 2022 – 17h45 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the nine months ended September 30, 2022 Nine-month sales rose by 20.5% to €20.7 billion.In a highly inflationary environment, 2022 full-year guidance is confirmed for operating income and adjusted for structural free cash flow. In a market environment shaped by continuing operational disruptions, widespread… Continue reading Michelin: Nine-month sales rose by 20.5% to €20.7 billion. In a highly inflationary environment, 2022 full-year guidance is confirmed for operating income and adjusted for structural free cash flow.
Michelin: Les ventes à fin septembre 2022 augmentent de 20,5 % à 20,7 Mds €. Dans un environnement fortement inflationniste, le Groupe confirme sa guidance de résultat opérationnel et révise sa guidance de cash-flow libre structurel.
Clermont-Ferrand, 25 octobre 2022 – 17h45 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINInformation financière au 30 septembre 2022 Les ventes à fin septembre 2022 augmentent de 20,5 % à 20,7 milliards d’euros. Dans un environnement fortement inflationniste, le Groupe confirme sa guidance de Résultat Opérationnel et révise sa guidance de cash-flow libre structurel. Dans un environnement de… Continue reading Michelin: Les ventes à fin septembre 2022 augmentent de 20,5 % à 20,7 Mds €. Dans un environnement fortement inflationniste, le Groupe confirme sa guidance de résultat opérationnel et révise sa guidance de cash-flow libre structurel.
HERE powers Lotus ELETRE’s digital cockpit with EV navigation and range assistant
Lotus and ECARX select navigation service with over-the-air update capabilities to enable an upgradable premium driving experience. Lotus ELETRE – Lotus’ pure electric hyper-SUV – is the first vehicle in Europe to offer EV Routing, EV Range Assistant and Predictive Routing with HERE Navigation to help mitigate EV range anxiety. Hethel, London and Amsterdam –… Continue reading HERE powers Lotus ELETRE’s digital cockpit with EV navigation and range assistant