— U.S. consumer replacement shipments increased 3%; up 4% year to date — Asia Pacific volume up 5%, driven by China — Global commercial truck tire shipments continued to outpace industry — Price versus raw materials positive for the first time in three years AKRON, Ohio, Oct. 25, 2019 – The Goodyear Tire & Rubber… Continue reading Goodyear Reports Third Quarter 2019 ResultsOct 25, 2019AKRON, Ohio, Oct. 25, 2019 – The Goodyear Tire & Rubber Company today reported results for the …
Category: Automotive
Lear Reports Third Quarter 2019 Results
SOUTHFIELD, Mich., Oct. 25, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today reported results for the third quarter 2019. Highlights include: Sales of $4.8 billion, compared to $4.9 billion in the third quarter of 2018 Net income of $216 million and adjusted net… Continue reading Lear Reports Third Quarter 2019 Results
A 100x Investment (Part 2)
So I sat down to write part 2, and at first it was exactly what you’d expect. Copying and pasting the titles, “Don’t hand engineer feature spaces”, “Really, your hand engineered feature space won’t work”, “If you need a map for safety, you will fail”, “Level 4 or bust is stupid” etc. But then I… Continue reading A 100x Investment (Part 2)
GM strike ends after 40 days with 48,000 staff to return to work
General Motors Strike that started 16 September cost GM more than $2bn Employees wanted fair share of GM’s $25bn profits The UAW plans to have a final tally after the 4pm vote deadline on Friday. Photograph: Troy Stolt/AP The longest strike by autoworkers in a decade came to an end on Friday as United Auto… Continue reading GM strike ends after 40 days with 48,000 staff to return to work
SUVs second biggest cause of emissions rise, figures reveal
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
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