Prominent Russian automotive award to Lesjöfors

Tue, Dec 07, 2021 07:30 CET In November, the Lesjöfors brand won the World Automotive Component WAC (Russia MAK) 2021 award for “contribution to the development of the automotive components industry”. More than 5,000 people at the auto component exhibitions in St. Petersburg, Moscow and Yekaterinburg voted for the nominees. There was also a separate… Continue reading Prominent Russian automotive award to Lesjöfors

Kongsberg Automotive’s Couplings business unit looks to future growth

Fri, Dec 03, 2021 08:28 CET Kongsberg Automotive’s Couplings business unit is expanding by 900 sq meters in Raufoss. This expansion is part of the growth strategy—Couplings is looking to double its turnover in four years and quadruple by 2030. Raufoss is the center for the research and development of compressed air couplings. Raufoss’ team… Continue reading Kongsberg Automotive’s Couplings business unit looks to future growth

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

KYOTO, Japan, Nov. 18, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors… Continue reading Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

Magna annonce ses résultats du troisième trimestre 2021

Les ventes ont diminué de 13 % pour atteindre 7,9 milliards de dollars, reflétant une baisse de 12 % de la production mondiale de véhicules légers, qui inclut notamment des baisses de 20 % en Europe, 19 % en Amérique du Nord et 12 % en Chine. Un bénéfice dilué par action et un bénéfice dilué ajusté par action de 0,04 dollar… Continue reading Magna annonce ses résultats du troisième trimestre 2021

Meet our strategic partners: AED ENGINEERING

Our living environment requires more flexibility and mobility, decision-making and adaptability, permanent attention, and accessibility than ever before. AED Engineering, a provider of integrated electronic systems, is driving the development of new technologies, systems and concepts and strives to make this mobile life safer and more comfortable. “We, at AED, believe in a future where… Continue reading Meet our strategic partners: AED ENGINEERING

Martinrea International Inc. Reports Third-Quarter Results, Declares Dividend, and Expresses Confidence in 2023 Outlook

TORONTO, Nov. 04, 2021 (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, today announced the release of its financial results for the third quarter ended September 30, 2021 and declared a quarterly… Continue reading Martinrea International Inc. Reports Third-Quarter Results, Declares Dividend, and Expresses Confidence in 2023 Outlook

Martinrea International Inc. Outlines Its Martinrea Innovation Development Initiative

TORONTO, Nov. 04, 2021 (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, today announced Martinrea Innovation Development (MiND), a recently-established organization dedicated towards incubating, developing, and funding innovative technologies that can be… Continue reading Martinrea International Inc. Outlines Its Martinrea Innovation Development Initiative

Martinrea International Inc. to Announce Third Quarter Results on November 4, 2021

TORONTO, Oct. 28, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the third quarter ended September 30, 2021 on Thursday, November 4, 2021 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 4, 2021

Ferrari, Double Digit Growth, on the Way to Another Record Year

Total shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019  Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019 EBITDA(1) of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019.EBITDA(1) margin of 35.2% in Q3 2021. EBIT… Continue reading Ferrari, Double Digit Growth, on the Way to Another Record Year

KONGSBERG AUTOMOTIVE REPORTS Q3 2021 RESULTS

Fri, Oct 29, 2021 07:00 CET Zurich, October 29, 2021: Kongsberg Automotive ASA has today published its interim report for the third quarter 2021. The company will host an earnings conference call today at 09:00 CET. Highlights of the third quarter: Revenues came in at MEUR 267.4, MEUR 12.2 (+4.8%) higher than last year’s third… Continue reading KONGSBERG AUTOMOTIVE REPORTS Q3 2021 RESULTS