Zurich, October 31, 2023: Kongsberg Automotive (KA) and Romoline have entered into a definitive agreement to purchase patents related to camera washing technology intended for vehicles. This is KA’s second investment in technology that will be used in vehicles that are on the road today, as well as in autonomous vehicles. Based in Oppdal, Norway,… Continue reading Kongsberg Automotive to acquire innovative patents for camera cleaners developed in Norway
Author: GlobeNews Newswire
Visteon Announces Third Quarter 2023 Results
VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results. Highlights include: Sales of $1,014 million, representing base sales growth of 9%1 18th consecutive quarter of growth-over-market 2 Net income of $66 million or $2.32 per diluted share Adjusted EBITDA of $128 million New… Continue reading Visteon Announces Third Quarter 2023 Results
Michelin is planning to wind down the tire production activities of its Ardmore industrial site in the United States
Clermont-Ferrand – October 26, 2023 – 6:15 pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin is planning to wind down the tire production activities of its Ardmore industrial site in the United States Today in the United States, Michelin is announcing plans to wind down the tire production activities of its Ardmore industrial site. This wind-down… Continue reading Michelin is planning to wind down the tire production activities of its Ardmore industrial site in the United States
Michelin prévoit l’arrêt progressif des activités de production de pneus sur son site industriel d’Ardmore aux Etats-Unis
Clermont-Ferrand, 26 octobre 2023, 18h15 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin prévoit l’arrêt progressif des activités de production de pneus sur son site industriel d’Ardmore aux Etats-Unis Aujourd’hui aux Etats-Unis, Michelin annonce son intention de mettre progressivement fin aux activités de production de pneus de son site industriel d’Ardmore. Cette réduction progressive touche environ 1400… Continue reading Michelin prévoit l’arrêt progressif des activités de production de pneus sur son site industriel d’Ardmore aux Etats-Unis
RENAULT GROUP: Information relating to the total number of voting rights and share capital – September 2023
Disclosure of the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the French Commercial Code and the Article 223-16 of the Règlement général de l’Autorité des marchés financiers (Regulation of the French stock market authority) Company name of the issuer: Renault SA122 – 122 bis Avenue du Général Leclerc92100… Continue reading RENAULT GROUP: Information relating to the total number of voting rights and share capital – September 2023
RENAULT GROUP : Information relative au nombre total de droits de vote et de capital – Septembre 2023
Informations relatives au nombre total de droits de vote et d’actions prévues par l’article L. 233-8-II du Code de commerce et l’article 223-16 du Règlement général de l’Autorité des marchés financiers Dénomination sociale de l’émetteur : Renault SA122 – 122 bis Avenue du Général Leclerc92100 Boulogne-Billancourt (Code ISIN FR0000131906 – RNO) Date… Continue reading RENAULT GROUP : Information relative au nombre total de droits de vote et de capital – Septembre 2023
Michelin: Nine-month sales up 2% to €21.2 billion despite soft volumes and a forex headwind, supported by mix enhancement, non-tire activities and brand leadership.
Clermont-Ferrand – October 24, 2023 – 5:45 pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Nine-month sales up 2% to €21.2 billion despite soft volumes and a forex headwind, supported by mix enhancement, non-tire activities andbrand leadership. Nine-month 2023 sell-in markets in Europe and North America were shaped by inventory drawdowns. PC/LT tire markets were stable vs.… Continue reading Michelin: Nine-month sales up 2% to €21.2 billion despite soft volumes and a forex headwind, supported by mix enhancement, non-tire activities and brand leadership.
Michelin : Ventes des neuf premiers mois en hausse de 2 % à 21,2 milliards €, malgré des volumes faibles et un effet de change défavorable, grâce à l’amélioration du mix, aux activités non-pneus et au leadership de la marque.
Clermont-Ferrand, 24 octobre 2023 – 17h45 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Ventes des neuf premiers mois en hausse de 2 % à 21,2 milliards €, malgré des volumes faibles et un effet de change défavorable, grâce à l’amélioration du mix, aux activités non-pneus et au leadership de la marque. Au cours des neuf premiers mois, les marchés sell-in… Continue reading Michelin : Ventes des neuf premiers mois en hausse de 2 % à 21,2 milliards €, malgré des volumes faibles et un effet de change défavorable, grâce à l’amélioration du mix, aux activités non-pneus et au leadership de la marque.
Kongsberg Automotive announces cost optimization measures
Zurich, October 23, 2023: Kongsberg Automotive (KA) announces measures to optimize costs, right size the company, and enhance its competitiveness. This includes global workforce adjustment, restructuring of its geographic footprint, and other cost optimization measures. KA’s cost optimization measures are a part of Gear I of the Shift Gear program and of the ongoing strategic… Continue reading Kongsberg Automotive announces cost optimization measures
Ferrari N.V.: Completion of the Third Tranche of the Multi-Year Share Repurchase Program
Maranello (Italy), October 23, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third 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.: Completion of the Third Tranche of the Multi-Year Share Repurchase Program