Category: Suppliers

Oct 25, 2021, 07:30 ETAdient to discuss Q4 fiscal 2021 financial results on November 10, 2021Adient (NYSE: ADNT), a global leader in automotive seatin…

PLYMOUTH, Mich., Oct. 25, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on November 10, 2021 at 8:30 a.m. (ET) to discuss its fourth quarter fiscal 2021 financial results. The call will be hosted by Adient’s president and chief executive officer, Douglas Del Grosso,… Continue reading Oct 25, 2021, 07:30 ETAdient to discuss Q4 fiscal 2021 financial results on November 10, 2021Adient (NYSE: ADNT), a global leader in automotive seatin…

Press release – Q3 2021 Sales

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Oct 28, 2021, 07:00 ETSpicer Electrified™ e-Powertrain from Dana Earns Two Technology Awards at 2021 Diesel Progress SummitDana Incorporated (NYSE: DA…

MAUMEE, Ohio, Oct. 28, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has earned the New Power Technology Award and the Achievement of the Year Award for its Spicer Electrified™ e-Powertrain at the 2021 Diesel Progress Summit and Awards, held this week. The awards recognize Dana’s ability to provide a complete, fully integrated e-Powertrain… Continue reading Oct 28, 2021, 07:00 ETSpicer Electrified™ e-Powertrain from Dana Earns Two Technology Awards at 2021 Diesel Progress SummitDana Incorporated (NYSE: DA…

Oct 27, 2021, 15:59 ETDana Incorporated to Participate in Gabelli Funds’ 45th Annual Automotive SymposiumDana Incorporated (NYSE: DAN) announced today…

MAUMEE, Ohio, Oct. 27, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the 45th Annual Automotive Symposium “Batteries Included” hosted by Gabelli Funds on Nov. 1, 2021.  Beginning at 2:45 p.m. PDT (11:45 a.m. EDT), Dana’s Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview… Continue reading Oct 27, 2021, 15:59 ETDana Incorporated to Participate in Gabelli Funds’ 45th Annual Automotive SymposiumDana Incorporated (NYSE: DAN) announced today…

Oct 26, 2021, 06:59 ETDana Incorporated Reports 2021 Third-quarter Financial ResultsKey Highlights Sales of $2.2 billion Net income attributable to Da…

MAUMEE, Ohio, Oct. 26, 2021 /PRNewswire/ — Key Highlights Sales of $2.2 billion Net income attributable to Dana of $48 million Diluted EPS of $0.33 Adjusted EBITDA of $210 million Diluted adjusted EPS of $0.41 Hosted Capital Markets Day focused on electrification technology Announced over a dozen significant new EV program wins Dana Incorporated (NYSE:… Continue reading Oct 26, 2021, 06:59 ETDana Incorporated Reports 2021 Third-quarter Financial ResultsKey Highlights Sales of $2.2 billion Net income attributable to Da…

Oct 25, 2021, 16:30 ETDana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing CompanyDa…

MAUMEE, Ohio, Oct. 25, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana’s agreement to acquire a portion of Modine’s automotive thermal-management business for one dollar with the assumption of certain financial liabilities.  Both companies had been actively engaged in the regulatory review process… Continue reading Oct 25, 2021, 16:30 ETDana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing CompanyDa…

Bosch to invest more than 400 million euros in its semiconductor fabs in 2022

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 to invest more than 400 million euros in its semiconductor fabs in 2022

Chinese Carmaker BYD Seeks Up to $1.8 Billion in Share Placement

(Bloomberg) — Chinese car and battery maker BYD Co. is seeking to raise up to $1.8 billion in a share placement, according to terms obtained by Bloomberg. Most Read from Bloomberg The Shenzhen-based company is looking to sell 50 million H-shares at HK$273.5 to HK$279.5 each, which represents an up to 7.8% discount to its… Continue reading Chinese Carmaker BYD Seeks Up to $1.8 Billion in Share Placement

Lear Increases and Extends Its Revolving Credit Facility

SOUTHFIELD, Mich., Oct. 29, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into an agreement to refinance its existing credit facility.  The amended and restated credit agreement extends the maturity of its revolving credit facility to October 2026 from August 2024… Continue reading Lear Increases and Extends Its Revolving Credit Facility