Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings Ursensollen, October 09, 2020 – On the basis of… Continue reading Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings
Category: Newswire
World NM: Vietnam’s first carmaker launches 414bhp VinFast President SUV000245
Inside, the VinFast President SUV offers comfort for both the driver and the rear seat occupant with massage, heating and ventilation features for the first and second rows. Compared to the LUX SA2.0 SUV, the VinFast President SUV offers an increased legroom in the second row by up to 200mm. Powering the VinFast President SUV… Continue reading World NM: Vietnam’s first carmaker launches 414bhp VinFast President SUV000245
World NM: Bugatti could set revenue record in 2020, but will delay second model, company president says000242
Bugatti is still making bank. The VW Group-owned hypercar maker could set a record year for revenue in 2020 despite the global economic slowdown caused by the coronavirus pandemic, but is still feeling its effects. Go to Source
World NM: Bugatti halt plans new supercar amid pandemic woes000241
French automaker Bugatti has announced that it will be putting plans for a second model to go alongside the Chiron model ahead of parent company Volkswagen’s investment review next month. The deicision was made owing to the damage the automotive industry has faced in the wake of the Covid-19 pandemic, ramifications that can be felt… Continue reading World NM: Bugatti halt plans new supercar amid pandemic woes000241
Hitachi Automotive Systems Has New Automated Parking Brake
TOKYO, Oct. 7, 2020 /PRNewswire/ — Hitachi Automotive Systems, Ltd. is introducing a new heavy-duty automated parking brake (APB HD) especially designed for pickup trucks, vans, SUVs and light commercial vehicles. Developed by the company’s Brake Business Unit in Europe, the new brake system already has gone into production in North America and Europe. Several Hitachi… Continue reading Hitachi Automotive Systems Has New Automated Parking Brake
Hyundai Mobis to Develop AR HUDs with Holographic Tech Company
Developing autonomous driving specialized AR HUD for mass production by 2025 Implementing the ‘First Mover’ strategy targeting the premium market growing 12% a year Increasing investment in infotainment in addition to autonomous driving and electrification SEOUL, South Korea, Oct. 7, 2020 /PRNewswire/ — Hyundai Mobis (KRX:012330) announced on the 7th that it has made a significant… Continue reading Hyundai Mobis to Develop AR HUDs with Holographic Tech Company
Hyundai Motor’s Delivery of XCIENT Fuel Cell Trucks in Europe Heralds Its Commercial Truck Expansion to Global Markets
“The delivery of XCIENT Fuel Cell starts a new chapter not only for Hyundai’s hydrogen push, but also the global community’s use of hydrogen as a clean energy source,” said In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor. “Today’s delivery is just a beginning as it opens endless… Continue reading Hyundai Motor’s Delivery of XCIENT Fuel Cell Trucks in Europe Heralds Its Commercial Truck Expansion to Global Markets
World NM: GS Caltex to acquire stake in Vietnamese startup VI Automotive Service000238
GS Caltex Corp., South Korea’s second-largest refiner by sales, said Wednesday that it has signed a deal worth 39 billion Vietnamese dong (US$1.6 million) with Vietnamese startup VI Automotive Service in its first investment in the emerging country. VietWash, a subsidiary of VI Automotive Service, operates about 50 car washes in Vietnam. GS Caltex is… Continue reading World NM: GS Caltex to acquire stake in Vietnamese startup VI Automotive Service000238
Abris invests in Polish e-commerce delivery solutions provider
Headquartered in Warsaw, Apaczka functions as a technology platform and an integrator, offering comprehensive shipment services for e-commerce stores, SMEs and SOHO (small office / home office) clients. Apaczka supports companies in the development of their business, providing professional tools to facilitate daily logistics, and over the past decade has made close to 30 million… Continue reading Abris invests in Polish e-commerce delivery solutions provider
REE Automotive hits the track with three fully modular, next-generation EV platforms
Three platforms point to future EVs, including last and mid-mile delivery, commercial & MaaS vehicles All platforms are based on the advanced REEcorner module which utilizes full X-by-Wire technology for steering, braking and drive all in the arch of the wheel, enabling a fully-flat chassis The wide array of REE’s modular platforms offer unprecedented design… Continue reading REE Automotive hits the track with three fully modular, next-generation EV platforms