Michelin: In the first quarter of 2020, at a time of systemic crisis due to COVID-19, Michelin saw an 8.3% decline in sales and deployed the measures needed to attenuate the impact of the crisis on employee health and the Group’s business.

Press ReleaseClermont-Ferrand, France – Wednesday, April 29, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2020In the first quarter of 2020, at a time of systemic crisis due to COVID 19, Michelin saw an 8.3% decline in sales and deployed the measures needed to attenuate the impact of the crisis… Continue reading Michelin: In the first quarter of 2020, at a time of systemic crisis due to COVID-19, Michelin saw an 8.3% decline in sales and deployed the measures needed to attenuate the impact of the crisis on employee health and the Group’s business.

Valmet’s co-determination negotiations for temporary layoffs are completed

Valmet Oyj’s stock exchange release on April 24, 2020 at 13:00 p.m. EETValmet announced on April 21, 2020 the start of co-determination negotiations for temporary lay-offs in Finland. The negotiations were started due to financial and production related reasons, especially because of the reducing workload in the services business done close to customers and in… Continue reading Valmet’s co-determination negotiations for temporary layoffs are completed

Kongsberg Automotive reports Q1 2020 results

Thu, Apr 23, 2020 07:30 CET Kongsberg Automotive Q1 2020 Report and Presentation follow attached. Revenues declined by MEUR 45 (-15 %) YoY to MEUR 262. There were no significant FX effects. The revenue shortfall to the guidance of MEUR 278 for Q1 2020 was primarily driven by corona virus related North American and European… Continue reading Kongsberg Automotive reports Q1 2020 results

GROUPE RENAULT: Quarterly information – March 31, 2020

PRESS RELEASE#RenaultResults                                                                                                                                                      Groupe Renault’s revenues of €10,125 million in the first quarter of 2020                       ·The Group sold 672,962 vehicles in the quarter, down -25.9% in a global market down -24.6%1.                       ·Group revenues reached €10,125 million (-19.2%) in the quarter. At constant exchange rates and perimeter2, the decrease would have been             -18.3%.                       ·Renault’s Board of Directors decided on April 9,… Continue reading GROUPE RENAULT: Quarterly information – March 31, 2020

Michelin: press release relative to 2019 Universal Registration Document availability and Annual Shareholders meeting information

Clermont-Ferrand, France – April 23, 2020(English version of the French press release published on April 20, 2020)Press Release2019 UNIVERSAL REGISTRATION DOCUMENTANNUAL SHAREHOLDERS MEETING – NOTICE OF MEETING2019 UNIVERSAL REGISTRATION DOCUMENTMichelin filed its 2019 Universal Registration Document with the Autorité des Marchés Financiers (AMF) on April 17, 2020. It is freely available to the public under… Continue reading Michelin: press release relative to 2019 Universal Registration Document availability and Annual Shareholders meeting information

Valmet to start co-determination negotiations for temporary lay-offs in Finland

Valmet Oyj’s stock exchange release on April 21, 2020 at 11:00 a.m. EETThe global Covid-19 pandemic causes uncertainty in Valmet’s operating environment and the company announced on April 16, 2020 a withdrawal of its guidance for 2020. The impacts of the pandemic on Valmet’s operations and business environment depend on the duration and severity of… Continue reading Valmet to start co-determination negotiations for temporary lay-offs in Finland

Pony.ai Launches Autonomous Delivery Service to Address Heightened Demand During COVID-19

FREMONT, Calif., April 16, 2020 (GLOBE NEWSWIRE) — Pony.ai, an autonomous driving technology company, announces today that it is partnering with Yamibuy, an e-commerce platform based in Los Angeles, to provide an autonomous and contactless last-mile delivery service to customers in Irvine, California. The new delivery service will provide much-needed additional capacity to address the… Continue reading Pony.ai Launches Autonomous Delivery Service to Address Heightened Demand During COVID-19

Kongsberg Automotive – Updated Investor Presentation

Wed, Apr 15, 2020 21:26 CET Kongsberg Automotive ASA has in connection with the announced Extraordinary General Meeting to be held 30 April 2020 for inter alia approval of proposals for an increase of the share capital by directed placement, a convertible loan and a subsequent “repair” emission of shares prepared an Investor Presentation. The… Continue reading Kongsberg Automotive – Updated Investor Presentation

Kongsberg Automotive – Investor Presentation April 2020

Tue, Apr 14, 2020 21:43 CET Kongsberg Automotive ASA has, as announced 8 April 2020, summoned for an Extraordinary General Meeting to be held 30 April 2020 for inter alia approval of proposals for an increase of the share capital by directed placement, a convertible loan and a subsequent “repair” emission of shares.  Kongsberg Automotive… Continue reading Kongsberg Automotive – Investor Presentation April 2020

RENAULT: Groupe Renault sets its new Strategy for China

PRESS RELEASE                                                                                 Groupe Renault sets its new Strategy for ChinaGroupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities.LCV business is operated through Renault Brilliance Jinbei Automotive… Continue reading RENAULT: Groupe Renault sets its new Strategy for China