Amsterdam, the Netherlands, 5 May 2022, TomTom (TOM2), the geolocation technology specialist, today announced that Gemma Postlethwaite has been nominated for appointment to the TomTom Supervisory Board for a term of four years, effective as of 1 October 2022. Her appointment will be proposed at an Extraordinary General Meeting to be convened later this year.… Continue reading TomTom nominates Gemma Postlethwaite as new Supervisory Board Member
Category: Automotive
NEW GOODYEAR MANUFACTURING PROCESS ENABLES INDUSTRY-LEADING RESPONSE TIME
The Goodyear Tire & Rubber Company officially opened its new manufacturing facility in Dudelange, Luxembourg, today following a $77 million investment in its industry 4.0 digital manufacturing process. The new facility is a first of its kind for Goodyear and it will provide opportunities to learn, test and mature technology as production capability continues to… Continue reading NEW GOODYEAR MANUFACTURING PROCESS ENABLES INDUSTRY-LEADING RESPONSE TIME
@Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
Stellantis Reports 12% Increase in Q1 2022 Net Revenues Full-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and vehicle mix, as well as favorable FX translation effects • Consolidated shipments(2) of 1,374 thousand units, down 12% primarily due to impact… Continue reading @Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
Ladies and Gentlemen, Strong products and desirable brands are the foundation of the BMW Group’s success as a company. With our customer-centric portfolio, we have experienced very robust demand in recent years, despite the difficult circumstances. We are seeing this trend grow even more this year. Never before in the history of our company have our pre-orders… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
Good Morning, Ladies and Gentlemen. The BMW Group has made a strong start to 2022 – in an increasingly volatile geopolitical and global economic environment. Our business is performing in line with our expectations. The ongoing war in Ukraine is affecting the availability of vehicle components, which led to brief production disruptions at several European plants… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2022001957
@BMW: BMW Group Quarterly Statement to 31 March 2022001956
Attached please find the Quarterly Statement to 31 March 2022 for download.The telephone conferences for journalists and analysts will also be broadcasted on our web page at 10:00 a.m. (CEST) and 2:00 p.m. (CEST) respectively. BMW Group In AmericaBMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA,… Continue reading @BMW: BMW Group Quarterly Statement to 31 March 2022001956
VW wants to offer Level 4 vehicles from 2026
Carmaker Volkswagen announced that it would launch a Level 4 vehicle by 2026. The CEO of Volkswagen, Herbert Diess, has an autonomous vehicle on level 4 announced. The vehicle should be on the market by 2026. This is apparently related to a new partner: Qualcomm. VW will source its hardware from the company. Autonomous driving… Continue reading VW wants to offer Level 4 vehicles from 2026
Ferrari Purosangue SUV confirmed for V12 engine
“I’m convinced on this car and the technical concept,” Ferrari’s then chief technical officer, Michael Leiters, told Autocar in 2019. “I think we’ve found a concept and a package which is on one side a real SUV and will convince SUV customers to buy it, but on the other side there’s a huge differentiation of… Continue reading Ferrari Purosangue SUV confirmed for V12 engine
Adient reports second quarter 2022 financial results
PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. (PRNewsfoto/Adient) Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio… Continue reading Adient reports second quarter 2022 financial results
06:50 ETAdient reports second quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced its second qua…
PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio actions executed… Continue reading 06:50 ETAdient reports second quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced its second qua…