Fri, Oct 30, 2020 07:25 CET Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today. KEY TOPICS The Corona Virus and a weak start to the year 2020 have impacted the automotive industry heavily. Primarily due to the Chinese market, the market developments in the light duty vehicles markets have… Continue reading Kongsberg Automotive reports Q3 2020 results
Author: GlobeNews Newswire
Visteon Announces Third-Quarter 2020 Results
Net sales of $747 million; 3% increase Y/Y excluding currencyNet income of $6 million or $0.21 per diluted shareAdjusted net income of $38 million or $1.36 per diluted share, excluding restructuring chargesAdjusted EBITDA of $87 million, 11.6% of sales$1.5 billion in new business wins and record 23 new product launches in Q3Repaid $400 million on… Continue reading Visteon Announces Third-Quarter 2020 Results
Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2020
KYOTO, Japan, Oct. 26, 2020 (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, 2020 through September 30, 2020.The highlights are as follows: First half net sales and operating profit increased 0.1% Y/Y to ¥751.8 billion, 12.0%… Continue reading Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2020
Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021
KYOTO, Japan, Oct. 26, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced an upward revision to its IFRS-based consolidated financial forecasts for the year ending March 31, 2021, previously announced on July 21, 2020.The details are as follows:Revised consolidated financial forecasts (IFRS) for the year ending March 31,… Continue reading Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021
GROUPE RENAULT: Quarterly information Q3 2020
PRESS RELEASE #RenaultResults Revenues of €10,374 million in the third quarter of 2020Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -3.2%.The Group sold 806,320 vehicles in the third quarter, down 6.1%.September showed a positive momentum, particularly marked in Europe, where Group’s sales were up 8%… Continue reading GROUPE RENAULT: Quarterly information Q3 2020
Michelin: Michelin announces sales of €15 billion for the first nine months of 2020, down 15% at constant exchange rates, with a decline of 5% in the third quarter reflecting an upturn in business.The Group is upgrading its 2020 guidance.
PRESS RELEASEClermont-Ferrand – October 22, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the nine months ended September 30, 2020Michelin announces sales of €15 billion for the first nine months of 2020, down 15% at constant exchange rates, with a decline of 5% in the third quarter reflecting an upturn in business.The Group is revising… Continue reading Michelin: Michelin announces sales of €15 billion for the first nine months of 2020, down 15% at constant exchange rates, with a decline of 5% in the third quarter reflecting an upturn in business.The Group is upgrading its 2020 guidance.
HERE integrates what3words into in-car navigation feature
Drivers will now be able to enter what3words addresses directly into their in-car systems, allowing them to navigate to any destinationOctober 22, 2020London and Amsterdam – HERE and what3words have partnered up to offer the next generation of precision in-car navigation. OEMs using HERE Technologies can now include what3words as an in-car navigation feature, with… Continue reading HERE integrates what3words into in-car navigation feature
NVIDIA Smashes Performance Records on AI Inference
NVIDIA Extends Lead on MLPerf Benchmark with A100 Delivering up to 237x Faster AI Inference Than CPUs, Enabling Businesses to Move AI from Research to ProductionSANTA CLARA, Calif., Oct. 21, 2020 (GLOBE NEWSWIRE) — NVIDIA today announced its AI computing platform has again smashed performance records in the latest round of MLPerf, extending its lead… Continue reading NVIDIA Smashes Performance Records on AI Inference
Michelin: Capital Reduction – Cancellation of 1,097,540 treasury shares
PRESS RELEASEClermont-Ferrand – October 20, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN CAPITAL REDUCTIONCancellation of 1,097,540 treasury shares Pursuant to the decision of the Managing Chairman on October 13, 2020 and the fifth and the twenty-fourth resolutions of the June 23, 2020 Shareholders Meeting and the fifth and fourteenth resolutions of the May 17, 2019 Shareholders Meeting, Compagnie Générale… Continue reading Michelin: Capital Reduction – Cancellation of 1,097,540 treasury shares
Groupe Renault : availability of sales figures for September 2020
Communication about availability – Renault sales figures for September 2020Boulogne, October 16, 2020Renault announces that its sales figures reports for September 2020 are now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’. AttachmentAvailability RENAULT Sales Go to Source