Greenhouse gas emissions If SUV drivers were a nation, they would rank seventh in the world for carbon emissions Fri 25 Oct 2019 09.57 EDT Last modified on Fri 25 Oct 2019 14.43 EDT Growing demand for SUVs was the second largest contributor to the increase in global CO2 emissions from 2010 to 2018, an analysis has… Continue reading SUVs second biggest cause of emissions rise, figures reveal
Category: Automotive
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.
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Financial Information for the Nine Months Ended September 30, 2019
Financial 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 period Contribution from acquisitions in line with expectations Fourth-quarter market forecasts lowered; guidance confirmed In weaker than expected markets, Michelin’s volumes declined by 0.8% in the… Continue reading Financial Information for the Nine Months Ended September 30, 2019
Making mobility sustainable and autonomous
2019-10-24 | Yokohama/Herzogenaurach Schaeffler presents mobility solutions especially for the Asian region at 46th Tokyo Motor Show (S3203, South Hall) Product highlights fuel cell, Schaeffler Mover, Schaeffler electric motor and drive-by-wire as key technologies for tomorrow’s mobility Schaeffler developing Asia as innovation hub As a system partner for the automotive industry, Schaeffler Group is stepping… Continue reading Making mobility sustainable and autonomous
Renault F1 Team Statement
Download Conditions All materials on this website are the sole property of Renault SAS and/or of its subsidiaries or of any third party having granted Renault SAS permission to use them. Please note that these materials are for editorial use only. Commercial use, including advertising, marketing and merchandising, is strictly prohibited. All trademarks are the… Continue reading Renault F1 Team Statement
1899 to 2019: ŠKODA celebrates 120 years of engine development and production in Mladá Boleslav
Christian Strube, ŠKODA AUTO Board Member for Technical Development, explains: “ŠKODA AUTO today counts among the longest-established car manufacturers in the world, with its innovative engine developments having made a substantial contribution to the global evolution of individual mobility across many generations. This tradition and experience inspire us to this day. Within the Volkswagen Group, ŠKODA… Continue reading 1899 to 2019: ŠKODA celebrates 120 years of engine development and production in Mladá Boleslav
24. Oct 2019Daimler reports third-quarter 2019 results
October 24, 2019 – The Daimler Group posted third-quarter EBIT of €2.7 billion, an increase of 8%. Group net profit rose by 3%. Strong sales at Cars and Vans supported our Q3 financial performance. However, in order to master the transformation in the next few years, we need to increase our efforts considerably. We therefore… Continue reading 24. Oct 2019Daimler reports third-quarter 2019 results
Nissan explores sale of European plants amid falling sales: Bloomberg
FILE PHOTO: A badge is seen on the new Juke car at Nissan’s car plant in Sunderland Britain, October 10, 2019. REUTERS/Phil Noble (Reuters) – Nissan Motor Co Ltd (7201.T) is considering selling two of its European plants as the Japanese carmaker faces falling sales in the region and an industry shift toward electric cars,… Continue reading Nissan explores sale of European plants amid falling sales: Bloomberg
Kia Motors Announces 2019 3Q Business Results
Kia’s 2019 3Q sales revenue at KRW 15.09 trillion Operating profit at KRW 291.5 billion ; Net profit KRW 325.8 billion Total global sales of 691,151 units Kia to boost sales of new SUV and higher-volume models Kia Motors Corporation today announced business results for the third quarter of 2019, reporting year-over-year growths of 7.2… Continue reading Kia Motors Announces 2019 3Q Business Results