February 24, 2020 Amsterdam and Burlington, Mass. – Cerence Inc., the global industry leader in creating unique, moving experiences for the automotive world, and HERE Technologies, a global leader in mapping and location platform services, today announced that they have teamed up to integrate HERE location intelligence with the Cerence Drive portfolio to bring advanced AI-powered mobility… Continue reading HERE and Cerence bring more personalized, contextualized in-car experiences to drivers worldwide
Author: GlobeNews Newswire
Visteon Announces Fourth-Quarter and Full-Year 2019 Financial Results
Sales of $2,945 million ($744 million in fourth quarter) • 7% growth-over-market in fourth quarter 1Net income of $70 million ($35 million in fourth quarter)Adjusted EBITDA of $234 million ($85 million in fourth quarter)Awarded $6.1 billion in new businessVAN BUREN TOWNSHIP, Mich., Feb. 20, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC) today announced full-year 2019… Continue reading Visteon Announces Fourth-Quarter and Full-Year 2019 Financial Results
Ferrari releases its 2019 Annual Report and files annual report on Form 20-F
Maranello (Italy), February 18, 2020 – Ferrari N.V. (NYSE/MTA: RACE) announced today that it has published its 2019 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2019, with the United States Securities and Exchange Commission.Ferrari’s 2019 Annual Report and annual report on Form… Continue reading Ferrari releases its 2019 Annual Report and files annual report on Form 20-F
Groupe Renault : availability of sales figures for January 2020
Communication about availability – Renault sales figures for January 2020Boulogne, February 18, 2020Renault announces that its sales figures report for January 2020 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’.AttachmentAvailability RENAULT Sales Go to Source
Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
Tue, Feb 11, 2020 07:30 CET Lesjöfors’ market was heavily affected by external factors last year. An overall downturn in the automotive aftermarket, uncertainty with Brexit and the trade conflict between America and China was some of them. To be prepared for the future, Lesjöfors has made major investments in existing operations and acquired highly… Continue reading Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
Michelin: 2019: €3,009 million in segment operating income, up €179 million or 6.5% at constant exchange rates, €1,730 million in net income, up €70 million, €1,615 million in structural free cash flow
PRESS RELEASEClermont-Ferrand, February 10, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the year ended December 31, 20192019: €3,009 million in segment operating income,up €179 million or 6.5% at constant exchange rates€1,730 million in net income, up €70 million€1,615 million in structural free cash flowIn a deteriorated environment and shrinking markets,Sales rose 7.8% at constant exchange rates,… Continue reading Michelin: 2019: €3,009 million in segment operating income, up €179 million or 6.5% at constant exchange rates, €1,730 million in net income, up €70 million, €1,615 million in structural free cash flow
Nidec Announces Outlines of Planned Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program
KYOTO, Japan, Feb. 08, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Board of Directors of the Company, at a meeting held on February 8, 2020, made the following decisions regarding a stock split and an amendment to the Company’s Articles of Incorporation, as well as… Continue reading Nidec Announces Outlines of Planned Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program
Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM
2019 PERFORMANCE CONFIRMS STRONG MOMENTUM2020 GUIDANCE UPGRADING PREVIOUS PLAN ACROSS ALL METRICSFerrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the twelve months ended December 31, 2019, summarized as follows:Total shipments of 10,131 units, up +9.5%Net revenues of Euro 3,766 million, up +10.1% or +8.2% at constant currencyAdj. EBITDA of Euro 1,269 million,… Continue reading Ferrari : 2019 PERFORMANCE CONFIRMS STRONG MOMENTUM
Bendix, Part of Knorr-Bremse Group, to Acquire R.H. Sheppard from WABCO
BERN, Switzerland, Jan. 30, 2020 (GLOBE NEWSWIRE) — WABCO Holdings Inc. (“WABCO”) (NYSE: WBC) (www.wabco-auto.com), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced it has entered into a definitive agreement to sell R.H. Sheppard Co., Inc. (“Sheppard”) to Bendix Commercial Vehicle Systems LLC… Continue reading Bendix, Part of Knorr-Bremse Group, to Acquire R.H. Sheppard from WABCO
GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS
PRESS STATEMENT – Boulogne-Billancourt, Yokohama, Tokyo, January 30th, 2020 RENAULT-NISSAN-MITSUBISHIFURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTSRenault-Nissan-Mitsubishi today outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company.The new framework, ratified at… Continue reading GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS