Category: News Type

Climate Control: Elio Motors Names RedDOT Corporation as Heating Ventilation and Air Conditioning Supplier

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Dana Incorporated Announces First-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Increase

MAUMEE, Ohio, April 30, 2018 /PRNewswire/ — Highlights Sales of $2.1 billion, an increase of $437 million, growth of 26 percent Net income attributable to Dana of $108 million; diluted EPS of $0.73 Adjusted EBITDA of $248 million, an increase of $43 million providing a margin of 11.6 percent Diluted adjusted EPS of $0.75, an… Continue reading Dana Incorporated Announces First-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Increase

GM Recognizes GP Strategies for Performance, Quality, and Innovation

COLUMBIA, Md., April 30, 2018 /PRNewswire/ — GP Strategies Corporation (NYSE: GPX) was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida.  GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations,… Continue reading GM Recognizes GP Strategies for Performance, Quality, and Innovation

Nissan: Nissan announces North American management changes

NASHVILLE, Tenn. – Nissan is making several changes to its management team in North America as the company focuses on the key pillars of its “M.O.V.E. to 2022” midterm business plan. The mission of the six-year plan is to achieve sustainable growth and to lead the technology and business evolution of the automotive industry. Changes… Continue reading Nissan: Nissan announces North American management changes

Battery startup EcoFlow raises over $4m Series A from Chinese investors

April 30, 2018 EcoFlow, a battery startup company based in San Francisco and China, has raised over $4 million Series A from Delia Capital, SCUD Group, Guangzhou Penghui Energy and Chunjia Assets, the company announced on April 27. EcoFlow said it will use the proceeds to expand R&D and sales, further deploy energy storage products, and… Continue reading Battery startup EcoFlow raises over $4m Series A from Chinese investors

Shareholders’ Meeting of 24 April 2018

The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount of €0.53 per share for financial year 2017. The… Continue reading Shareholders’ Meeting of 24 April 2018

Q1 2018 revenue sharp growth

• Consolidated worldwide sales up 44.2% including Opel Vauxhall (OV) with over   1 million vehicles sold1  ;• Groupe PSA revenue up 42.1% at €18.2 billion2  ;• Peugeot Citroën DS (PCD) Automotive division revenue up 13.3% : Strong market share increase in Europe (+0.7 pt)3  ; Successful launches of new models in all regions.• OV Automotive division revenue amounted to €4.8 billion… Continue reading Q1 2018 revenue sharp growth

Tesla says Model 3 panel quality is now on par with German rivals

Roberto Baldwin/Engadget When the first everyday Tesla Model 3 buyers received their electric cars, the reports on build quality were… mixed, to put it mildly. A Munro & Associates analysis revealed panel gaps and other imperfections you would have expected from a budget car two decades ago. Tesla, however, wants to let you know that… Continue reading Tesla says Model 3 panel quality is now on par with German rivals