Munich. The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. A key element of the brand’s continued strategic development will be local production of future battery-electric MINI vehicles in the world’s largest market for electromobility. To this end, the BMW… Continue reading BMW Group plans joint venture for MINI electric vehicles in China
Category: Official Press Release
FAURECIA SUCCESSFULLY PRICES €700 MILLION OF 2.625% SENIOR NOTES DUE 2025
Faurecia announces the success of the above transaction, launched February 21st, 2018. Faurecia priced €700m of senior notes due 2025 at 2.625%. The quality of the investor base and the very favourable conditions achieved demonstrate the significant appreciation of Faurecia’s credit quality. Faurecia will use the proceeds of the issuance of the Notes, together with… Continue reading FAURECIA SUCCESSFULLY PRICES €700 MILLION OF 2.625% SENIOR NOTES DUE 2025
Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%
Please click HERE for a PDF version of the release. Fourth Quarter 2017 Highlights Record sales of $10.4 billion, up 12% from the fourth quarter of 2016 Record diluted earnings per share of $1.53, an increase of 23% Cash from operations of $1.4 billion Returned $461 million to shareholders through share repurchases and dividends Raises… Continue reading Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%
Partnership agreed between Bosch and Munich Re
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,500 associates worldwide (as of December 31, 2017). According to preliminary figures, the company generated sales of 78 billion euros in 2017. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building… Continue reading Partnership agreed between Bosch and Munich Re
2017 Results
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Renault EASY CONNECT for Fleet, an ecosystem of connected business fleet management services
Thursday 22 February 2018 by Isabelle BEHAR – Cars Isabelle BEHAR Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest As part of Renault EASY CONNECT solutions, Renault Pro+ introduces Renault EASY CONNECT for Fleet, an ecosystem of connected services for business users that simplifies managing vehicle fleets and reduces running costs.… Continue reading Renault EASY CONNECT for Fleet, an ecosystem of connected business fleet management services
The Responsive Network (Part 3/3)
The Responsive Network (Part 3/3) The future of shared mobility in cities Everything we’ve worked on has led to this. In Part 1 and 2, we wrote about the good and the bad about buses. Finally, here in Part 3, we’re proud to share our most significant innovation to date and the culmination of all our work… Continue reading The Responsive Network (Part 3/3)
Autoliv publishes its 2017 Annual Report on Form 10-K
Thu, Feb 22, 2018 16:35 CET (Stockholm, Sweden, February 22, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has filed its 2017 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The Form 10-K is available at the SEC Edgar website: www.sec.gov and on… Continue reading Autoliv publishes its 2017 Annual Report on Form 10-K
Ford Claims Title for World’s Largest Billboard Certified by GUINNESS WORLD RECORDS™
Ford is now the official GUINNESS WORLD RECORDS title-holder for the Largest billboard in the world after unveiling a 5,265 m2 advertisement – equivalent to 20 tennis courts – for the new Ford EcoSport sports utility vehicle (SUV) on the iconic Espana Building in central Madrid, Spain. A GUINNESS WORLD RECORDS official adjudicator inspected the… Continue reading Ford Claims Title for World’s Largest Billboard Certified by GUINNESS WORLD RECORDS™
Mastering the map: the key to an autonomous future
One of the key factors that will determine the success of autonomous cars is mastering the roadmap. The connected car of the future will rely heavily on a data-driven mapping system – a system that ‘self-heals’ and can understand the road environment beyond the range of a car’s onboard sensors. Maps need to be both… Continue reading Mastering the map: the key to an autonomous future