Total shipments of 2,750 units, up 18.9% versus Q3 2020 and 11.2% versus Q3 2019 Net revenues of Euro 1,053 million, up 18.6% versus prior year and up 15.1% versus Q3 2019 EBITDA(1) of Euro 371 million, up 12.4% versus prior year and up 19.6% versus Q3 2019.EBITDA(1) margin of 35.2% in Q3 2021. EBIT… Continue reading Ferrari, Double Digit Growth, on the Way to Another Record Year
Author: GlobeNews Newswire
KONGSBERG AUTOMOTIVE REPORTS Q3 2021 RESULTS
Fri, Oct 29, 2021 07:00 CET Zurich, October 29, 2021: Kongsberg Automotive ASA has today published its interim report for the third quarter 2021. The company will host an earnings conference call today at 09:00 CET. Highlights of the third quarter: Revenues came in at MEUR 267.4, MEUR 12.2 (+4.8%) higher than last year’s third… Continue reading KONGSBERG AUTOMOTIVE REPORTS Q3 2021 RESULTS
KONGSBERG AUTOMOTIVE TO DIVEST ITS LDC BUSINESS UNIT TO SUPRAJIT ENGINEERING LIMITED
Thu, Oct 28, 2021 14:19 CET Zurich, October 28, 2021: Kongsberg Automotive ASA (“Kongsberg Automotive”) has entered into an agreement for the sale of the Light-Duty Cables (“LDC”) business unit to Suprajit Engineering Limited (“Suprajit”). The LDC business unit is engaged in the development and manufacture of mechanical and electro-mechanical light-duty cables mainly used in… Continue reading KONGSBERG AUTOMOTIVE TO DIVEST ITS LDC BUSINESS UNIT TO SUPRAJIT ENGINEERING LIMITED
Visteon Announces Third-Quarter 2021 Results
Sales of $631 million in a challenging semiconductor supply environment Growth over market of 8% versus top customers’ vehicle production Net income of $5 million Adjusted EBITDA of $42 million or 6.7% of sales 13 new products launched in third quarter; 26 launched year-to-date Company aligning sustainability commitments with science-based emissions targets Updating 2021 full-year… Continue reading Visteon Announces Third-Quarter 2021 Results
Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2021
KYOTO, Japan, Oct. 26, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2021 through September 30, 2021. The highlights are as follows: First half net sales stood at a record high of ¥910.7… Continue reading Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2021
Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2021 and Raises Full-Year Financial Forecast
KYOTO, Japan, Oct. 26, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced differences between its financial forecast for the six months ended September 30, 2021 (previously announced on July 21, 2021) and the actual financial results released today. In this connection, the Company revised its financial forecast for… Continue reading Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2021 and Raises Full-Year Financial Forecast
GROUPE RENAULT: 3RD QUARTER 2021 INFORMATION
PRESS RELEASEOCTOBER 22, 2021 Third quarter 2021: priority given to value over volume optimized revenues in a context strongly marked by the semiconductor crisis Group revenues amounted to €9 billion for the quarter, down 13.4% (-14% at constant scope and exchange rates1) while global sales decreased by 22.3% to 599,027 vehicles. Renault Group is continuing… Continue reading GROUPE RENAULT: 3RD QUARTER 2021 INFORMATION
Autoliv uses HERE to analyze driving behavior
World’s largest automotive safety supplier uses HERE location data to enhance its Safety Score, a driving behavior analysis tool for fleet managers and insurers. Stockholm, Sweden and Amsterdam, The Netherlands – HERE Technologies, the leading location data and technology platform, today announced that Autoliv, the worldwide leader in automotive safety systems, is using HERE Speed… Continue reading Autoliv uses HERE to analyze driving behavior
BMW Group builds its My BMW and MINI companion applications with HERE SDK 4.x using Flutter
BMW companion applications integrate HERE location services to provide drivers mobile interface to their vehicles’ functions and status at any time. My BMW App and MINI App have launched in 40 countries around the world, including in Japan. Amsterdam and Munich – The BMW Group has been building companion mobile applications for its entire fleet… Continue reading BMW Group builds its My BMW and MINI companion applications with HERE SDK 4.x using Flutter
FERRARI TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 2
Maranello (Italy), October 20, 2021 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the third quarter of 2021 will be released on Tuesday, November 2, 2021. A live audio webcast and conference call of the 2021 Q3 results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 10:00… Continue reading FERRARI TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 2