Category: Official Press Release

TomTom reports fourth quarter and full year 2017 results

Amsterdam, the Netherlands, 6 February 2018 7:30 AM CET Financial summary Q4 ’17 Revenue of €220 million (Q4 ’16: €266 million) Gross margin of 59% (Q4 ’16: 58%) EBITDA of €37 million (Q4 ’16: €39 million) Cash flow from operating activities of €98 million (Q4 ’16: €76 million) Financial summary FY ’17 Revenue of €903… Continue reading TomTom reports fourth quarter and full year 2017 results

Porsche doubles e-mobility investment to over six billion euros by 2022

ATLANTA, Feb. 5, 2018 /PRNewswire/ — Porsche has been putting together an unprecedented future development plan: By 2022, the sports car manufacturer will invest more than six billion euros in e-mobility, focusing on both plug-in hybrids and purely electric vehicles. The decision was made by the Porsche AG Supervisory Board at its most recent meeting. “We… Continue reading Porsche doubles e-mobility investment to over six billion euros by 2022

Bridgestone Elevates Standards in Sustainable Procurement Practices; Launches New Policy for Suppliers and Partners

Minimum requirements strengthen existing guidelines for Respect of Human Rights, Environmental Standards and Product Quality while including additional requirements for Land Conservation and Rights, Point of Origin Traceability and Resilience TOKYO, Feb. 5, 2018 /PRNewswire/ — Bridgestone Corporation (Bridgestone), the world’s largest tire and rubber company, today announced a new Global Sustainable Procurement Policy to help… Continue reading Bridgestone Elevates Standards in Sustainable Procurement Practices; Launches New Policy for Suppliers and Partners

BYTON Partners with Leading Self-Driving Technology Company Aurora

SANTA CLARA, Calif. and PALO ALTO, Calif., Feb. 5, 2018 /PRNewswire/ — Today, BYTON, an innovator of smart, premium electric vehicles, announced a partnership with Aurora, a leading self-driving technology company. The partnership will help BYTON incorporate Level 4 (L4) autonomous-driving vehicle capabilities into BYTON vehicles and enable BYTON to become among the very first… Continue reading BYTON Partners with Leading Self-Driving Technology Company Aurora