Valmet Automotive Group is confirmed by the international classification society DNV to be CO2 neutral in its operations since January 1, 2022. Carbon neutrality is a strategic goal of Valmet Automotive, and the company has significantly reduced emissions from its operations in recent years. Valmet Automotive is a leading player in the automotive industry in climate… Continue reading Valmet Automotive’s operations are CO2 neutral since beginning of 2022
Category: Suppliers
Chinese EV maker Nio pursues Hong Kong, Singapore secondary listings
By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE (Reuters) -Chinese electric vehicle (EV) maker Nio Inc plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region. Stock exchange filings on Monday showed the New York-listed firm had received preliminary approval from the Hong… Continue reading Chinese EV maker Nio pursues Hong Kong, Singapore secondary listings
What it’s going to take for ISA to become industry-standard for all vehicles
Intelligent Speed Assistance will become mandatory in new vehicles from July 2022 in the EU and some other countries. A webinar explains how we will get there. Widespread use of Intelligent Speed Assistance (ISA) could cut collisions by 30% and deaths by 20%. It is a feature showing the legal speed limit to the driver at… Continue reading What it’s going to take for ISA to become industry-standard for all vehicles
Panasonic to Construct a New Building at the Vietnam Factory to Produce Wiring Devices and Circuit Breakers
Osaka, Japan – Panasonic Corporation announced today that Panasonic Life Solutions Vietnam Co., Ltd. headquartered in Binh Duong province, Socialist Republic of Vietnam, will construct a new building on the premises of its existing factory in order to respond to the increasing demand for electrical construction materials in Vietnam. This will be the company’s second… Continue reading Panasonic to Construct a New Building at the Vietnam Factory to Produce Wiring Devices and Circuit Breakers
Auto parts maker Aptiv recently shifted high-volume production from Ukraine -CEO
(Reuters) – Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts maker’s chief executive said. “Over the course of the last couple of months, we actually moved a couple of what I call high runner programs out of the Ukraine… Continue reading Auto parts maker Aptiv recently shifted high-volume production from Ukraine -CEO
Valeo launches its Move Up plan, a value creation strategy built on the sustainable mobility megatrends
Outperformance for original equipment sales of more than 5 percentage points per year on average over the 2021-2025 period EBITDA margin of around 14.5% by 2025 Free cash flow generation of between 800 million and one billion euros in 2025 Divestiture of 500 million euros’ worth of non-strategic assets over the term of the plan Optimized… Continue reading Valeo launches its Move Up plan, a value creation strategy built on the sustainable mobility megatrends
2021 Financial Results
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it… Continue reading 2021 Financial Results
Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to… Continue reading Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
Automated driving: acquisition gives boost to Bosch engineering work on SAE Level 4 solutions
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 45.4 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is… Continue reading Automated driving: acquisition gives boost to Bosch engineering work on SAE Level 4 solutions
Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability
COLUMBUS, Ind.–(BUSINESS WIRE)–At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. “The decarbonization… Continue reading Cummins Shares Plans to Deliver Long-Term Growth and Increased Profitability