Category: Official Press Release

Visteon Reports Strong 2017 Financial Results

View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results

Continental plans new Hungarian plant in Debrecen

Greenfield investment starts in third quarter 2018, production planned from third quarter 2020 Expansion of production footprint for the growing demand for automotive electronics Sensors and transmission control units will be produced in Debrecen 450 new jobs and investment in total of €100 million Debrecen (Hungary), 22. February 2018. The technology company Continental announced the… Continue reading Continental plans new Hungarian plant in Debrecen

Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time

Rosslyn, South Africa. After 35 years, the last BMW 3 Series Sedan rolled off the production line today at BMW Group Plant Rosslyn in Pretoria. The plant has produced a total of 1,191,604 units and five generations of the BMW 3 Series. One in four BMW 3 Series Sedans of the current generation come from… Continue reading Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time

Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

SEOUL, South Korea, Feb. 21, 2018 /PRNewswire/ — It’s been a busy start to the year for Hyundai’s next-generation fuel cell vehicle NEXO, scheduled to be released in Korea next month. Unveiled at CES 2018 as the technological flagship of Hyundai’s growing eco-vehicle portfolio, the NEXO SUV model is set to spearhead Hyundai Motor’s plans to… Continue reading Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

Novelty

The Group launches the “Plastic Omnium” application available on smartphones and tablets. The Group is launching a PLASTIC OMNIUM application that provides smartphone and tablet users with real-time access to the Group’s financial news. It gathers useful regulated information such as the stock market price, the financial calendar, press releases, publications, as well as shareholder… Continue reading Novelty

Eliminating range anxiety: New services are making electromobility fit for everyday use

Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2017 sales came to 47.4 billion euros, or 61 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free, emissions-free, and stress-free,… Continue reading Eliminating range anxiety: New services are making electromobility fit for everyday use

From vision to business: Connected driving is becoming a growth area

Presentation by Dr. Volkmar Denner,chairman of the board of management ofRobert Bosch GmbH,at the Bosch ConnectedWorld press briefingon February 21, 2018, in Berlin. Check against delivery. Ladies and gentlemen: Connectivity is the future, and the future of mobility in particular. By that I mean not just modernizing the road and rail networks, but connecting all… Continue reading From vision to business: Connected driving is becoming a growth area

Entering the ridesharing business

Berlin and Stuttgart, Germany – Bosch is entering the ridesharing business. The supplier of technology and services has acquired Splitting Fares Inc. (SPLT), a U.S. start-up based in Detroit. SPLT operates a platform that allows companies, universities, and municipal authorities to offer their workforces ridesharing services. The B2B approach is designed especially for commuters. SPLT… Continue reading Entering the ridesharing business