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Category: Official Press Release
Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China
YANCHENG, China, May 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today inaugurated a facility in Yancheng, China, that will manufacture thermal-management products for conventional and new-energy vehicles. Dana repurposed an 8,000 square-meter (86,000 square-foot) plant with an investment of CNY105 million (US$16.7 million), making it the company’s 16th facility in China and the second in… Continue reading Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China
The start into the rocket age
*/ ]]> Men with Vision: Fritz von Opel in RAK 2 and Otto Willi Gail, author of the book “With Rocket Power into the World – From the Fire Truck to the Spaceship” (back right, with tie). Shortly before the start: The Opel team pushes the RAK 2 on the grid. May 23, 1928, 10… Continue reading The start into the rocket age
FAURECIA INVESTS IN PROMETHIENT AND ACCELERATES THE DEVELOPMENT OF THERMAL COMFORT TECHNOLOGIES FOR THE COCKPIT OF THE FUTURE
Faurecia announces today an investment in the American startup Promethient, reinforcing the Group’s ecosystem dedicated to thermal management technologies for future mobility solutions. Based in Traverse City, Mich., Promethient designs and produces Thermavance, a climate control technology that is adaptable for multiple vehicle thermal use cases. Thermavance heats and cools through conductive heat transfer, offering… Continue reading FAURECIA INVESTS IN PROMETHIENT AND ACCELERATES THE DEVELOPMENT OF THERMAL COMFORT TECHNOLOGIES FOR THE COCKPIT OF THE FUTURE
[Press Release] LG Chem, the largest quarterly sales figure – sales 6,553.6 billion won / operating profit 6,508 billion won LG Chem posted the highest quarterly sales. In the first quarter of this year, LG Chem announced sales of KRW 6.5536 trillion, operating profit of KRW 650.0 billion, and net income of KRW 552.7 billion. 2018.04.30
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[Press Release] LG Chem to Attract to Different Market in China LG Chem will showcase its high value-added products and technologies with distinctive features and will actively pursue the Chinese market. In this regard, LG Chemical said it will participate in ‘China Plas 2018’ held in Shanghai, China from April 24 to 27 for four days. 2014.04.23
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Chief Executive Officer Appointed
Comme suite à la nomination de M. Florent Menegaux en qualité de Gérant Associé Commandité et de M. Yves Chapot en qualité de Gérant non Commandité par l’Assemblée générale mixte des actionnaires de Michelin réunie le 18 mai 2018, la société SAGES, Associé Commandité de Michelin, après consultation du Conseil de Surveillance de Michelin, a… Continue reading Chief Executive Officer Appointed
Porsche Recalls Toy Cars Due to Choking Hazard
Name of Product: My First Porsche – Wooden Cars Hazard: The wheels and axles can detach from the wooden toy car, posing a choking hazard to young children. Remedy: Refund Consumers should immediately stop using the recalled toy cars, take them away from young children and contact a local authorized Porsche dealer to return… Continue reading Porsche Recalls Toy Cars Due to Choking Hazard
MAHLE acquires majority holding in diagnostics specialist BrainBee
MAHLE is now holding 80 percent of shares in BrainBee Expansion of development, production, and service in Europe BrainBee becomes part of MAHLE Aftermarket MAHLE Service Solutions, MAHLE Aftermarket’s workshop equipment business segment, has already been working with BrainBee for some time on the development and production of workshop equipment. BrainBee was founded in 2001… Continue reading MAHLE acquires majority holding in diagnostics specialist BrainBee
“Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: MM Shigenobu Nagamori and Carlos Tavares, respectively Chief Executive Officer of Nidec and Groupe PSA (Paris:UG), endorsed today the establishment of Nidec-PSA emotors – the new Nidec Leroy-Somer and Groupe PSA Joint Venture dedicated to the design, development, manufacture and sale of electric traction motors. Forty engineers have already been… Continue reading “Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors