CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading Ferrari, Continuing Strong Momentum Across All Regions
Author: GlobeNews Newswire
Lesjöfors divests S&P Federnwerk GmbH
Thu, Jul 29, 2021 22:48 CET Lesjöfors has today entered into an agreement to divest 100 percent of its shares in S&P Federnwerk GmbH. S&P Federnwerk GmbH is a German spring manufacturer whose customers are mainly active in the automotive and agricultural industries. The company has been part of Lesjöfors since 2013 and generated sales… Continue reading Lesjöfors divests S&P Federnwerk GmbH
Kongsberg Automotive reports Q2 2021 results
Fri, Jul 30, 2021 07:30 CET Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today. Highlights Q2 2021: REVENUES > Q2 2021 revenues amounted to MEUR 295.9, MEUR 142.3 (+92.6%) above Q2 2020 (negative currency translation effects of MEUR 5.3) and MEUR 1.6 above Q2 2019. > At constant currencies, the… Continue reading Kongsberg Automotive reports Q2 2021 results
Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032
Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032
Visteon Announces Second-Quarter 2021 Results
Sales of $610 million; 59% increase Y/Y excluding currency Net loss of $11 million Adjusted EBITDA of $30 million, a Y/Y increase of $33 million Net cash position of $115 million at the end of Q2 First-half new business wins of $3.2 billion Industry’s largest all-digital cluster multi-region program with global OEM Continued global growth… Continue reading Visteon Announces Second-Quarter 2021 Results
Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Wed, Jul 28, 2021 18:52 CET Lesjöfors has today acquired 88 percent of the shares in the Alcomex Group. With the transaction, Lesjöfors gains access to new geographies and a new product area, in line with its ambition to build the leading spring, wire and flat strip component group. Alcomex is a Dutch manufacturer of… Continue reading Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Otonomo Appoints Chief Revenue Officer to Spearhead Growth and Expansion Trajectory
HERZLIYA, ISRAEL, July 27, 2021 (GLOBE NEWSWIRE) — Otonomo Technologies, a leading provider of a pioneering vehicle data platform and marketplace, today announced the appointment of Anders Truelsen as Chief Revenue Officer (CRO). As the newly appointed CRO, Truelsen will build a sustainable sales and revenue pipeline for Otonomo’s next phase of growth and expansion.… Continue reading Otonomo Appoints Chief Revenue Officer to Spearhead Growth and Expansion Trajectory
Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron
KYOTO, Japan, July 21, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter… Continue reading Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron
Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2021
KYOTO, Japan, July 21, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2021. The highlights are as follows: Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit… Continue reading Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2021
Renault Group’s press release: Worldwide sales results 1st half 2021
PRESS RELEASE07/16/2021 Worldwide sales results 1st half 2021 Renault Group’s worldwide sales are up 18.7% in the first half of 2021 compared with 2020. Renault Group confirms the continuation of a selective sales policy favouring growth in profitable volumes. The Renault brand recorded an 18.5% increase. The E-TECH range has been a great success, with… Continue reading Renault Group’s press release: Worldwide sales results 1st half 2021