New super-efficient production facility in Latvia

Tue, Sep 08, 2020 13:00 CET In Latvia, a new manufacturing plant is in full swing since April and is already exceeding everyone’s expectations. The well-planned, highly sustainable facility is optimized not only for a streamlined production, but also for a healthy work environment. Optimized premises Lesjöfors is the largest spring manufacturing company in the… Continue reading New super-efficient production facility in Latvia

Henning E. Jensen steps down as CEO of Kongsberg Automotive; Norbert Loers and Robert Pigg appointed Interim Co-CEOs

Sun, Sep 06, 2020 19:55 CET Henning Jensen steps down as CEO of Kongsberg Automotive ASA, effective immediately. Also, effective immediately, Norbert Loers and Robert Pigg have been appointed interim co-CEOs until the Board appoints a new CEO. Norbert Loers is currently CFO of Kongsberg Automotive. He assumed the position of CFO in January 2017.… Continue reading Henning E. Jensen steps down as CEO of Kongsberg Automotive; Norbert Loers and Robert Pigg appointed Interim Co-CEOs

GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDS

 GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDSBoulogne-Billancourt, September 3, 2020 – Groupe Renault announces today a plan to develop its organization around its brands, grouping them mainly into four business units (BU): Renault, Dacia, Alpine and New Mobility. The objective would be to give each BU an autonomous organization.This project… Continue reading GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDS

Valmet’s financial reporting in 2021

Valmet Oyj’s stock exchange release on September 2, 2020 at 9:30 a.m. EETValmet will publish its Financial Statements Review, Half Year Financial Review and two Interim Reviews in 2021 as follows:February 4, 2021 – Financial Statements Review for 2020April 22, 2021 – Interim Review for January–March 2021July 22, 2021 – Half Year Financial Review for… Continue reading Valmet’s financial reporting in 2021

Ferrari signs the 2021-2025 Concorde Agreement

Maranello (Italy), 18 August 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces that Ferrari S.p.A. has signed today the two agreements that will govern the Scuderia’s participation in the FIA Formula One World Championship over the five year period from 2021 to 2025.The agreement, which was signed with the Fédération Internationale de l’Automobile (“FIA”) and Formula… Continue reading Ferrari signs the 2021-2025 Concorde Agreement

Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

TORONTO, Aug. 10, 2020 (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 second quarter ended June 30, 2020 and that it has… Continue reading Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

Kongsberg Automotive reports Q2 2020 results

Thu, Aug 06, 2020 07:20 CET KEY TOPICS Revenues declined strongly by MEUR 140 (-48 %) YoY to MEUR 154, including negative currency translation effects of MEUR 3.9. The downturn in Q2 2020 is wholly driven by Corona virus pandemic related shortfalls in sales volume in European and North American KA plants: Revenues in Europe… Continue reading Kongsberg Automotive reports Q2 2020 results

Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS, FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGE

Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS,FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGEFerrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2020, summarized as follows:Total shipments of 1,389 units, halved versus prior year, as a result of both production and… Continue reading Q2 2020 AFFECTED BY COVID-19, BUT IN LINE WITH EXPECTATIONS, FULL YEAR GUIDANCE NARROWED WITHIN THE PREVIOUS RANGE

Visteon Announces Second-Quarter 2020 Results

Net sales of $371 million; 48% reduction Y/Y excluding currencyIndustry production down 45% Y/Y; Visteon customers down 53% Y/YVisteon sales outperformed customer production by five percentage points$1.7 billion in new business and 21 new product launches YTDCash of $759 million; no significant near-term debt maturitiesVAN BUREN TOWNSHIP, Mich., July 30, 2020 (GLOBE NEWSWIRE) — Visteon… Continue reading Visteon Announces Second-Quarter 2020 Results

GROUPE RENAULT: Communication about availability – Documents relating to H1 2020 financial results communication

Communication about availability – H1 2020 financial resultsBoulogne, July 30, 2020Renault announces today its H1 2020 financial results. The following documents are available on Renault website https://group.renault.com/en/finance-2/financial-information/documents-and-publications/  :Press releaseEarnings reportH1 2020 financial results presentationLuca de Meo’s speech scriptAttachmentRenault _ Availability Publication H1 2020 Go to Source