Category: Official Press Release

Continental Expands Automated Driving Tests on the Autobahn

The technology company Continental is expanding its global test drives for highly and fully automated driving – in Lower Saxony as well. The focus of development remains the production readiness of highly automated driving Tests on the autobahn are rounded off with system tests in an urban setting Hanover, April 26, 2018. The technology company… Continue reading Continental Expands Automated Driving Tests on the Autobahn

Lear Reports Record First Quarter 2018 Results and Increases Full Year Financial Outlook

SOUTHFIELD, Mich., April 26, 2018 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today reported record results for the first quarter 2018.  Highlights include: Record sales of $5.7 billion, up 15% from a year ago Record net income of $353.7 million and record adjusted net income of $344.5… Continue reading Lear Reports Record First Quarter 2018 Results and Increases Full Year Financial Outlook

TOYOTA Connected Europe to bring advanced mobility services to the European market

TOYOTA Connected (TC) is expanding the global reach of its technology-driven mobility solutions with the launch of TOYOTA Connected Europe (TCEU). The new start-up company, based in London, will support the growing adoption of new mobility businesses in Europe with products and services tailored to the unique needs of the market. TOYOTA Connected North America’s… Continue reading TOYOTA Connected Europe to bring advanced mobility services to the European market

Volkswagen Group off to a good start in 2018: Unit sales and sales revenue up again in the first quarter

News Press Release News Group Wolfsburg, 26 April 2018 Volkswagen Group off to a good start in 2018: Unit sales and sales revenue up again in the first quarter The Volkswagen Group is off to a good start for the new fiscal year. Supported by record unit sales in the first quarter, Group sales revenue rose… Continue reading Volkswagen Group off to a good start in 2018: Unit sales and sales revenue up again in the first quarter

LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP

EUR 1.1 Billion Deal Largest in LG’s 60 Year History SEOUL, Apr. 26, 2018 ― Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG’s largest acquisition to date. Under the terms… Continue reading LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP

Nissan production, sales and exports for March 2018 and April 2017-March 2018

YOKOHAMA, Japan (April 26, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for March 2018 and for the 12 months ended March 31. “The April 2017–March 2018 period set global production and sales records yet again,” said Executive Vice President Daniele Schillaci, global head of marketing and sales. “The strong… Continue reading Nissan production, sales and exports for March 2018 and April 2017-March 2018

Mazda Production and Sales Results for March 2018 and for April 2017 through March 2018 (Flash Report)

2018/04/26 Production and Sales Mazda Motor Corporation’s production and sales results for March 2018 and for April 2017 through March 2018 are summarized below. Note 1): Overseas production figures indicate Mazda-branded units coming off the production line (excluding CKD units). However, non-Mazda-branded passenger vehicles produced at the Mexico plant are included.Note 2): Global production figures… Continue reading Mazda Production and Sales Results for March 2018 and for April 2017 through March 2018 (Flash Report)

Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough

Presentation by Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH and Prof. Stefan Asenkerschbaumer, deputy chairman of the board of management, at the annual press conference on April 25, 2018 Ladies and gentlemen,we deliberately chose not to begin this annual press conference with the traditional presentation of our financial position.… Continue reading Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough