RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

PRESS RELEASE Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacturea new-generation automotive electric motor in France Paris, February 10, 2022 – Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France… Continue reading RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

Renault Group: Nissan contribution for fourth quarter 2021 to Renault Group’s earnings

February 08th, 2022 Nissan contributes €124 million for fourth quarter 2021 to Renault Group’s earnings Nissan released today its results for the third quarter of fiscal year 2021/2022 (April 1st, 2021 to March 31st, 2022). Nissan’s results, published in Japanese accounting standards, for the third quarter of fiscal year 2021/2022 (October 1st to December 31th,… Continue reading Renault Group: Nissan contribution for fourth quarter 2021 to Renault Group’s earnings

FERRARI AND QUALCOMM: A STRATEGIC TECHNOLOGY PARTNERSHIP AIMED AT THE FUTURE

Maranello, 8 February 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) is pleased to announce a new and exciting partnership with Qualcomm Technologies, Inc. As from today, the San Diego, California-based company, will be a Scuderia Ferrari Premium Partner through Snapdragon®, Qualcomm’s premium product and experience brand leveraged across multiple platforms and categories,… Continue reading FERRARI AND QUALCOMM: A STRATEGIC TECHNOLOGY PARTNERSHIP AIMED AT THE FUTURE

Lesjöfors Heavy Springs UK sharpens the focus on a rapidly growing market

Lesjöfors is launching a new company, rebranding its two former European Springs & Pressings factories in Cornwall. The factories will now form a new company called Lesjöfors Heavy Springs UK. The rebrand is part of a new division, focusing on growth and significant investment in the heavy springs sector across the synergised specialisms, product range… Continue reading Lesjöfors Heavy Springs UK sharpens the focus on a rapidly growing market

Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(1) for the fourth quarter and twelve months ended December 31, 2021. Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019 Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus… Continue reading Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target

WE EVOLVE. New Products

The market is changing, and Grupo Antolin is moving forward to maintain our privileged position in the value chain. Integration, electronics, HMI and more More and more customers are asking us to keep moving forward with integration concepts that will accelerate their competitiveness. We’ve been betting on this concept for years, as our Smart Integrator… Continue reading WE EVOLVE. New Products

Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

KYOTO, Japan, Feb. 01, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, based on the resolution made in a meeting of its Board of Directors held on November 18, 2021 (Japan time), the Company has completed the purchase of the shares of OKK Corporation (“OKK”)… Continue reading Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

Renault, Nissan & Mitsubishi Motors announce common roadmap Alliance 2030: Best of 3 worlds for a new future

Renault, Nissan & Mitsubishi Motors announce common roadmapAlliance 2030: Best of 3 worlds for a new future The 2030 roadmap focuses on pure electric vehicles and connected mobility. Aims to enhance usage of common platforms to reach 80% in 2026. Mitsubishi Motors to reinforce presence in Europe with two new models based on Renault best-sellers.… Continue reading Renault, Nissan & Mitsubishi Motors announce common roadmap Alliance 2030: Best of 3 worlds for a new future

FERRARI TO ANNOUNCE 2021 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 2

Maranello (Italy), January 25, 2022 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the full year and fourth quarter of 2021 will be released on Wednesday, February 2, 2022. A live audio webcast and conference call of the 2021 full year and fourth quarter results will begin at 2:00 p.m.… Continue reading FERRARI TO ANNOUNCE 2021 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 2

Kongsberg Automotive wins contract worth EUR 42 million in estimated lifetime revenue

Thu, Jan 20, 2022 07:00 CET Kongsberg Automotive’s Couplings business unit has secured a contract worth EUR 42 million in estimated lifetime revenue and average annual revenue of EUR 14 million.  The contract is for the complete Raufoss ABC product range, with various solutions of compressed air couplings for trucks and buses. The ABC Couplings… Continue reading Kongsberg Automotive wins contract worth EUR 42 million in estimated lifetime revenue