Group revenues reached €11,296 million (-1.6%) in the quarter. At constant exchange rates and perimeter[1], the decrease would have been -1.4%. The Group sold 852,198 vehicles in the quarter, down -4.4% in a global market down -3.2%[2]. Excluding Iran, the decrease would have been -1.8% in a market down -2.3%. The Group is pursuing its… Continue reading REVENUES OF €11.3 BILLION IN THE THIRD QUARTER OF 2019
Category: Official Press Release
Mercedes-AMG hand-built engine production facility is 2019 “Factory of the Year”
Affalterbach. Overall winner at the first attempt ‑ following on from its habitual success in motorsport, the Mercedes-AMG performance and sports car brand has now pulled off a similar victory in the area of production: the AMG hand-built engine production facility at the company’s headquarters in Affalterbach is 2019 “Factory of the Year”. With this… Continue reading Mercedes-AMG hand-built engine production facility is 2019 “Factory of the Year”
25. Oct 2019Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions
October 25, 2019 – Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions Ambition: New trucks and buses in the triad markets of Europe, Japan and NAFTA in CO2-neutral driving operation by 2039 (“tank-to-wheel”) Battery-electric series-production vehicles by 2022 in all core regions Daimler Trucks already a pioneer… Continue reading 25. Oct 2019Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions
View Beyond the Visible
The view from the thirty-fourth floor extends beyond the office towers and flat Bauhaus roofs, past small houses from the city’s early days, and out to the Mediterranean. The mirrored twin towers behind the highway in Tel Aviv are like an aerie for autonomous driving innovations. A team from the start-up TriEye is here working… Continue reading View Beyond the Visible
[BEYOND NEWS] LG CELEBRATES ENERGY STAR DAY WITH EFFICIENCY UPGRADES FOR DESERVING FAMILIES
Commemorating “Energy Star Day” in the United States, LG Electronics partnered with leading home improvement retailer Lowe’s and non-profit partner “Rebuilding Together” to provide energy efficiency upgrades for local families in Charlotte, North Carolina earlier this week. Employees from LG and Lowe’s were among the 100-plus volunteers from the local community who joined together in… Continue reading [BEYOND NEWS] LG CELEBRATES ENERGY STAR DAY WITH EFFICIENCY UPGRADES FOR DESERVING FAMILIES
Goodyear Reports Third Quarter 2019 ResultsOct 25, 2019AKRON, Ohio, Oct. 25, 2019 – The Goodyear Tire & Rubber Company today reported results for the …
— U.S. consumer replacement shipments increased 3%; up 4% year to date — Asia Pacific volume up 5%, driven by China — Global commercial truck tire shipments continued to outpace industry — Price versus raw materials positive for the first time in three years AKRON, Ohio, Oct. 25, 2019 – The Goodyear Tire & Rubber… Continue reading Goodyear Reports Third Quarter 2019 ResultsOct 25, 2019AKRON, Ohio, Oct. 25, 2019 – The Goodyear Tire & Rubber Company today reported results for the …
Lear Reports Third Quarter 2019 Results
SOUTHFIELD, Mich., Oct. 25, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today reported results for the third quarter 2019. Highlights include: Sales of $4.8 billion, compared to $4.9 billion in the third quarter of 2018 Net income of $216 million and adjusted net… Continue reading Lear Reports Third Quarter 2019 Results
A 100x Investment (Part 2)
So I sat down to write part 2, and at first it was exactly what you’d expect. Copying and pasting the titles, “Don’t hand engineer feature spaces”, “Really, your hand engineered feature space won’t work”, “If you need a map for safety, you will fail”, “Level 4 or bust is stupid” etc. But then I… Continue reading A 100x Investment (Part 2)
Michelin: Sales up 1.3% like-for-like in the first nine months of 2019, in an environment that deteriorated sharply over the period. Contribution from acquisitions in line with expectations. 2019 market forecasts lowered; guidance confirmed
PRESS RELEASEClermont-Ferrand – October 24, 2019COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial Information for the Nine Months Ended September 30, 2019 Sales up 1.3% like-for-like in the first nine months of 2019, in an environment that deteriorated sharply over the periodContribution from acquisitions in line with expectationsFourth-quarter market forecasts lowered; guidance confirmed In weaker than expected markets, Michelin’s volumes… Continue reading Michelin: Sales up 1.3% like-for-like in the first nine months of 2019, in an environment that deteriorated sharply over the period. Contribution from acquisitions in line with expectations. 2019 market forecasts lowered; guidance confirmed
Grammer AG is in advanced negotiations to establish a Joint Venture with Changchun FAWSN Group Co., Ltd.
24. Oktober 2019
Grammer AG befindet sich in fortgeschrittenen Verhandlungen zu einem Joint Venture mit Changchun FAWSN Group Co., Ltd. Veröffentlichung von Insiderinformationen nach Art. 17 der Verordnung (EU) Nr. 596/2014
GRAMMER AG (WKN 589540, ISIN DE0005895403)
Grammer AG befindet sich in fortgeschrittenen Verhandlungen zu einem Joint
Venture mit Changchun FAWSN Group Co., Ltd.
Amberg, 24. Oktober 2019 – Die Grammer AG (“Grammer”) befindet sich in fortgeschrittenen Verhandlungen zur Begründung eines Joint Ventures für Automobil Interiorkomponenten in Changchun, China mit Changchun FAWSN Group Co., Ltd., einem mit der FAW-Gruppe verbundenen Unternehmen. Grammer wird 50 Prozent an dem zukünftigen Joint Venture GRAMMER FAWSN Vehicle Parts Co. Ltd. halten. Die restlichen 50 Prozent werden von der Changchun FAWSN Group Co., Ltd. gehalten.
Das Joint Venture wird eine breite Palette von Komponenten für den Fahrzeuginnenraum produzieren, die vor allem in die von der FAW-Gruppe hergestellten Fahrzeuge eingebaut werden. Die FAW-Gruppe ist der drittgrößte chinesische OEM und hatte im vergangenen Jahr mit eigenen Marken und
zusammen mit anderen Joint Venture-Partnern einen zweistelligen Marktanteil in China, dem größten Automobilmarkt der Welt. Grammer erwartet aus diesem Joint Venture eine erhebliche zukünftige Umsatzsteigerung.
Grammer AG
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