Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has secured a contract worth EUR 35.5 million in estimated lifetime revenue and average annual revenue of EUR 5.1 million. P&C Driveline business unit won the five-year contract for MT (manual transmission) and AT (automatic transmission) shifters for one of the largest OEMs in the world. Designed… Continue reading Kongsberg Automotive wins contract worth EUR 35.5 million in estimated lifetime revenue
Author: GlobeNews Newswire
Grupo Antolin masters hydrogen utilization research for sustainable mobility
Asia has been the main driver of technological advances in this field, focusing on the development of batteries for hybrid and 100% electric vehicles. At present, China dominates both the world battery market and the transformation of the raw materials required for their manufacture. As a result, Western countries find themselves with a high technological… Continue reading Grupo Antolin masters hydrogen utilization research for sustainable mobility
RENAULT GROUP: FIRST QUARTER 2022 INFORMATION
PRESS RELEASE April 22, 2022 1st quarter 2022A performing commercial policy strengthenedby a profound line-up renewal The Group’s global sales amounted to 552,000 vehicles in the 1st quarter of 2022, in a still very disrupted market context. Group revenue was € 9.7 billion for the quarter, down -2.7% (-0.7% at constant scope and exchange rates1).… Continue reading RENAULT GROUP: FIRST QUARTER 2022 INFORMATION
Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022
KYOTO, Japan, April 21, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2022. The highlights are as follows: Net sales stood at a record high of ¥1,918.2 billion, 18.5% higher Y/Y. Operating… Continue reading Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022
Martinrea Named 2022 Automotive News Pace Award Finalist for Graphene-Enhanced Products
VAUGHAN, Ontario, April 20, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, has been named a 2022 Automotive News Pace Awards finalist for its brake lines with graphene-reinforced materials. Graphene is… Continue reading Martinrea Named 2022 Automotive News Pace Award Finalist for Graphene-Enhanced Products
FERRARI TO ANNOUNCE FIRST QUARTER 2022 FINANCIAL RESULTS ON MAY 4
Maranello (Italy), April 20, 2022 – Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2022 will be released on Wednesday, May 4, 2022. A live audio webcast and conference call of the 2022 Q1 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00… Continue reading FERRARI TO ANNOUNCE FIRST QUARTER 2022 FINANCIAL RESULTS ON MAY 4
Visteon to Announce First-Quarter 2022 Results on April 28
VAN BUREN TOWNSHIP, Mich., April 12, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its first-quarter 2022 financial results before the market opens on Thursday, April 28. The company will host a conference call for the investment community at 9 a.m. ET to discuss the… Continue reading Visteon to Announce First-Quarter 2022 Results on April 28
Michelin: 2021 UNIVERSAL REGISTRATION DOCUMENT
Clermont-Ferrand, April 11, 2022 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN 2021 UNIVERSAL REGISTRATION DOCUMENT Michelin filed its 2021 Universal Registration Document with the Autorité des Marchés Financiers (AMF) on April 8, 2022. It is freely available to the public under the conditions set out in the applicable regulations and can be consulted/downloaded at the Company’s website,… Continue reading Michelin: 2021 UNIVERSAL REGISTRATION DOCUMENT
Magna publie son rapport annuel pour 2021
AURORA, Ontario, 07 avr. 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui que son rapport annuel 2021, ainsi que le rapport de gestion, les états financiers consolidés audités, la notice annuelle (AIF) et le formulaire 40-F, sont désormais disponibles sur le site Internet de la société, www.magna.com. Magna a également déposé… Continue reading Magna publie son rapport annuel pour 2021
Kongsberg Automotive completes the sale of Light Duty Cables business unit to Suprajit Engineering Limited
Zurich, April 6, 2022: Kongsberg Automotive has completed the sale of its Light Duty Cables (LDC) business unit to Suprajit Engineering Limited (‘Suprajit’). The LDC business unit is engaged in the development, manufacture and sales of world-class mechanical and electro-mechanical light-duty cables used in the automotive industry and off-highway applications. Kongsberg Automotive and Suprajit entered… Continue reading Kongsberg Automotive completes the sale of Light Duty Cables business unit to Suprajit Engineering Limited