Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 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 safe, sustainable, and exciting,… Continue reading Bosch off-highway surround sensing system receives “Systems & Components Trophy – Engineers’ Choice” award from the DLG
Category: Suppliers
Burgers, Fries and a Side of AI: Startup Offers Taste of Drive-Thru Convenience
Eating into open hours and menus, a labor shortage has gobbled up fast-food services employees, but some restaurants are trying out a new staff member to bring back the drive-thru good times: AI. Toronto startup HuEx is in pilot tests with a conversational AI assistant for drive-thrus to help support service at several popular Canadian… Continue reading Burgers, Fries and a Side of AI: Startup Offers Taste of Drive-Thru Convenience
Meet the Omnivore: Developer Sleighs Complex Manufacturing Workflows With Digital Twin of Santa’s Workshop
Editor’s note: This is one in a series of Meet the Omnivore posts, featuring individual creators and developers who use the NVIDIA Omniverse 3D simulation and collaboration platform to boost their artistic or engineering processes. Don’t be fooled by the candy canes, hot cocoa and CEO’s jolly demeanor. Santa’s workshop is the very model of… Continue reading Meet the Omnivore: Developer Sleighs Complex Manufacturing Workflows With Digital Twin of Santa’s Workshop
NIO Inc. (NIO) Gains As Market Dips: What You Should Know
NIO Inc. (NIO) closed the most recent trading day at $23.99, moving +0.13% from the previous trading session. This change outpaced the S&P 500’s 0.37% loss on the day. Heading into today, shares of the company had lost 18.23% over the past month, lagging the Auto-Tires-Trucks sector’s loss of 16.74% and the S&P 500’s loss… Continue reading NIO Inc. (NIO) Gains As Market Dips: What You Should Know
Is this the end of EV range anxiety?
Electric vehicles are on the rise in fleets all over the world, and evidence shows they are increasingly being used for longer distances. Fleet managers are resisting the urge to go electric due to fears about range anxiety, right? Wrong — or at least, that’s what a new survey seems to suggest. While there is… Continue reading Is this the end of EV range anxiety?
Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
SOUTHFIELD, Mich., Feb. 8, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2021 and provided its financial outlook for the full year 2022. Fourth Quarter 2021 Financial Highlights Sales growth over market of 6 percentage points Sales… Continue reading Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …
Established in 1999, the CSA has become the basis for numerous indices over the last two decades, evaluating companies across a broad range of metrics and scoring them in three major categories: environmental, social, and governance. “Dana is proud to be in the 90th percentile among our peers in the S&P Global Corporate Sustainability Assessment… Continue reading 06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …
Adient (ADNT) Incurs Q1 Loss, Surpasses Sales Estimates
Adient plc ADNT reported an adjusted loss per share of 38 cents in the first quarter of fiscal 2022. The Zacks Consensus Estimate was pegged at earnings of 8 cents. The bottom line also compared unfavorably with the year-ago earnings of $1.71 per share. This downside stemmed from declining profitability across all the segments. In… Continue reading Adient (ADNT) Incurs Q1 Loss, Surpasses Sales Estimates
Faurecia & Hella – Day one of the new combined Group
Nanterre (France), February 7, 2022 FAURECIA & HELLADAY ONE OF THE NEW COMBINED GROUP Strong strategic rationale between two highly complementary companies Ambition to reach sales above €33bn, operating margin above 8.5% and c. €1.75bn of net cash flow in 2025 A sustainable governance in place to accelerate collaboration and achieve above €250million in cost… Continue reading Faurecia & Hella – Day one of the new combined Group
Cummins to Purchase Remaining Shares in the Former Cummins Westport Joint Venture from Westport Fuel Systems
COLUMBUS, Ind. & VANCOUVER, British Columbia–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT | Nasdaq:WPRT) have agreed to a share purchase agreement for the sale of Westport’s stake in the Cummins Westport Joint Venture (“JV”) with CMI continuing to operate the business as the sole owner. As previously reported, the Cummins… Continue reading Cummins to Purchase Remaining Shares in the Former Cummins Westport Joint Venture from Westport Fuel Systems