Lesjöfors, part of the Beijer Alma group, has today signed an agreement to acquire the assets and operations of John Evans’ Sons INC, a leading US spring manufacturer. With the acquisition, Lesjöfors strengthens its US presence and significantly increases its sales to the medical industry, in line with its ambition to build the leading spring,… Continue reading Lesjöfors expands in the US by acquiring John Evans’ Sons
Author: GlobeNews Newswire
Kongsberg Automotive wins a one-year contract worth EUR 7 million
Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has secured a one-year contract worth EUR 7 million. P&C’s Driveline business unit was awarded this contract for the ARC- Generation 3 (electronic actuator with control units), adapted for ICE/PHEV/HEV transmissions. The contract will start in November 2022 and KA’s Wuxi plant will supply these advanced actuator… Continue reading Kongsberg Automotive wins a one-year contract worth EUR 7 million
HERE helps automakers reach higher car safety ratings with advanced speed assistance
HERE helps car manufacturers comply with the latest updates to New Car Assessment Programs (NCAP) in Europe and Australia by combining speed limit information, detailed features of the road network and hazard warning services. By enabling car manufacturers to improve their speed assistance system, HERE makes it possible to achieve higher NCAP scores and vehicle… Continue reading HERE helps automakers reach higher car safety ratings with advanced speed assistance
Kongsberg Automotive wins contract worth EUR 42.5 million in estimated lifetime revenue
Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has secured a contract worth EUR 42.5 million in estimated lifetime revenue and average annual revenue of EUR 6.1 million. KA’s P&C business unit was awarded this seven-year contract for rear seat foldable head restraint mechanisms by a European auto manufacturer that produces passenger cars globally. These… Continue reading Kongsberg Automotive wins contract worth EUR 42.5 million in estimated lifetime revenue
Visteon’s 2021 Corporate Sustainability Report Highlights Priorities, Products and People
Commitment to align greenhouse gas reduction targets with Science Based Targets initiative (SBTi) Growing electrified product line, including first-to-market smart wireless battery management system, supports industry shift to electric vehicles No lost-time injuries at any of Visteon’s more than two dozen manufacturing and technical centers Beliefs, Values and Leadership Principles provide a guide for maintaining… Continue reading Visteon’s 2021 Corporate Sustainability Report Highlights Priorities, Products and People
Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France
Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France Signature for the creation of a joint venture based in France to produce battery casings for electric vehicles. The joint venture will locate this high-tech activity at the ElectriCity’s Ruitz plant. This strategic project will contribute to strengthen… Continue reading Renault Group and Minth Group join forces to produce battery casings for electric vehicles assembled in France
PayByPhone and Offstreet Announce Partnership to Deliver Comprehensive Validation Solution to Parking Industry
Vancouver, BC, June 15, 2022 (GLOBE NEWSWIRE) — Parking clients across North America – including municipalities, universities, healthcare campuses, hotels, event venues, and parking operators – can now leverage the combined technology solutions of PayByPhone and Offstreet to digitally manage their parking validations and paid parking exemptions. “PayByPhone’s core purpose is to simplify people’s journeys,”… Continue reading PayByPhone and Offstreet Announce Partnership to Deliver Comprehensive Validation Solution to Parking Industry
Michelin: Four-for-one stock split of Michelin shares on June 16, 2022
Clermont-Ferrand, June 16, 2022 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Four-for-one stock split of Michelin shares on June 16, 2022 As announced in the press release published on May 16, 2022, Michelin’s four-for-one stock split is effective today, June 16, 2022. It has resulted in the delisting of 178,530,462 existing shares and the listing of 714,121,848… Continue reading Michelin: Four-for-one stock split of Michelin shares on June 16, 2022
Michelin: Division par quatre de la valeur nominale de l’action Michelin le 16 juin 2022
Clermont-Ferrand, le 16 juin 2022 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Division par quatre de la valeur nominale de l’action Michelin le 16 juin 2022 Comme annoncé dans le Communiqué de presse du 16 mai 2022, la division par quatre du nominal des actions constitutives du capital de Michelin est effective ce jour, le 16 juin… Continue reading Michelin: Division par quatre de la valeur nominale de l’action Michelin le 16 juin 2022
Ferrari Capital Markets DAY, 2022-2026 Strategic Plan
THE COMMITMENT TO UNIQUENESS, FURTHER ENRICHING THE PORTFOLIO 15 new launches between 2023 and 2026. Over the plan period, on average, Icona and Supercar models will represent less than 5% of total volumes, Special series will be around 10%. Purosangue to be unveiled in September 2022. Its yearly average contribution to shipments will remain below… Continue reading Ferrari Capital Markets DAY, 2022-2026 Strategic Plan