PRESS RELEASE Nissan contributes € 233 million for third quarter 2019 to Renault’s earningsBoulogne-Billancourt, 11/12/2019 – Nissan released today its results for the second quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2019/2020 (July 1st to September 30th, 2019),… Continue reading GROUPE RENAULT : Nissan contributes € 233 million for third quarter 2019 to Renault’s earnings
Author: GlobeNews Newswire
Kongsberg Automotive reports Q3 2019 results
Thu, Nov 07, 2019 07:30 CET Kongsberg Automotive ASA Q3 2019 Report and Presentation follow attached. Highlights Q3 2019: In a challenging market environment, we again grew our revenues: YoY revenue growth of 7.8% from MEUR 259 to MEUR 279 including positive FX effects of MEUR 4. Excluding FX effects, our growth rate was 6%… Continue reading Kongsberg Automotive reports Q3 2019 results
Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows. Total shipments of 2,474 units, up +9.4%Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currencyAdj. EBITDA of Euro 311 million, up +11.5% with an EBITDA margin of 33.9%Adj.… Continue reading Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors
KYOTO, Japan, Nov. 01, 2019 (GLOBE NEWSWIRE) — As announced on August 1, 2019, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec”) and GAC Components Co., Ltd. have completed establishment of the joint venture that develops, manufactures and sells automotive traction motors. Profile of the joint venture is as follows.1. Profile of the Joint Venture:*The… Continue reading Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors
Nidec Completes Acquisition of OMRON Automotive Electronics Co. Ltd.
KYOTO, Japan, Oct. 31, 2019 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (the “Company” or “Nidec”) announced today that the Company completed the acquisition of OMRON Automotive Electronics Co. Ltd. (“OMRON Automotive Electronics”) from OMRON Corporation (“OMRON”) (the “Stock Acquisition”) on October 31, 2019 (Japan time), in accordance with a stock purchase… Continue reading Nidec Completes Acquisition of OMRON Automotive Electronics Co. Ltd.
Magna to Develop and ‘Auto Qualify’ a More Powerful and Affordable Electric Motor
Project partners include the Illinois Institute of Technology, the University of Wisconsin-Madison and the U.S. Department of EnergyObjective is to develop an automotive-grade, non-permanent magnet electric motor for next-gen vehicle propulsion systemsProject targets an electric motor that is half the cost and eight times the power density of currently available e-motorsTROY, Mich., Oct. 30, 2019… Continue reading Magna to Develop and ‘Auto Qualify’ a More Powerful and Affordable Electric Motor
Magna Wins Largest Contract for Transmission Technologies in Company History
Magna to build dual-clutch transmissions including hybrid variants for strategic partner BMW GroupTechnologies for front-wheel drive vehicle platforms; over 170 different vehicle applicationsTransmissions to be supplied from Magna facilities in Germany and SlovakiaSAILAUF, Germany, Oct. 30, 2019 (GLOBE NEWSWIRE) — BMW Group has awarded Magna its largest production order for transmission technologies in company history.… Continue reading Magna Wins Largest Contract for Transmission Technologies in Company History
Visteon Announces Third-Quarter 2019 Results
Sales of $731 million up 7 percent year-over-yearNet income of $14 millionAdjusted EBITDA of $62 million Awarded $4.6 billion in new business year-to-dateVAN BUREN TOWNSHIP, Mich., Oct. 24, 2019 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today announced third-quarter 2019 results, reporting net income attributable to Visteon of $14 million or $0.50 per diluted share, compared… Continue reading Visteon Announces Third-Quarter 2019 Results
GROUPE RENAULT : Quarterly information – September 30, 2019
PRESS RELEASE#RenaultResults REVENUES OF €11.3 BILLION IN THE THIRD QUARTER OF 2019Group revenues reached €11,296 million (-1.6%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -1.4%. The Group sold 852,198 vehicles in the quarter, down -4.4% in a global market down -3.2%2. Excluding Iran, the decrease would have been -1.8% in… Continue reading GROUPE RENAULT : Quarterly information – September 30, 2019
GROUPE RENAULT: Information trimestrielle au 30 septembre 2019
COMMUNIQUÉ DE PRESSE #RenaultResultsCHIFFRE D’AFFAIRES DE 11,3 MILLIARDS D’EUROS AU TROISIÈME TRIMESTRE 2019Le chiffre d’affaires du Groupe s’élève à 11 296 millions d’euros sur le trimestre (-1,6 %). A taux de change et périmètre constants1, la baisse aurait été de 1,4 %. Le Groupe a vendu 852 198 véhicules au cours du trimestre, soit une baisse de 4,4… Continue reading GROUPE RENAULT: Information trimestrielle au 30 septembre 2019