Category: Suppliers

Valmet Automotive published the first Sustainability Report

Valmet Automotive has today (September 22, 2020) published the Group’s first sustainability report. As the company aims at a vanguard status of sustainable development in the automotive industry, the report presents comprehensively the main themes of sustainable development, strategic priorities and goals, as well as the highlights of 2019. The report will be published annually.… Continue reading Valmet Automotive published the first Sustainability Report

Bosch Motorsport is exclusive hybrid powertrain supplier for the new LMDh category

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 46.8 billion euros in 2019, and thus contributed 60 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 Motorsport is exclusive hybrid powertrain supplier for the new LMDh category

Schaeffler steps up its involvement in Rear Wheel Steering

Development partnership to expand the intelligent Rear Wheel Steering (iRWS) portfolio: Dr. Keiwan Kashi, President Business Unit Mechatronic Systems at Schaeffler and Dr. Stefan Waschul, Head of passenger car steering systems at Robert Bosch Automotive Steering while signing the contract. 2020-09-21 | Herzogenaurach/Schwäbisch Gmünd New development partnership with Bosch Automotive Steering Intelligent mechatronic Rear Wheel… Continue reading Schaeffler steps up its involvement in Rear Wheel Steering

Bridgestone Is Said to Weigh Firestone Building Products Sale

(Bloomberg) — Bridgestone Corp., the Japanese industrial conglomerate, is considering a sale of its Firestone Building Products for about $2.5 billion, according to people with knowledge of the matter. The company has hired an adviser to explore strategic options for the business, said the people, who asked not to be identified because they weren’t authorized… Continue reading Bridgestone Is Said to Weigh Firestone Building Products Sale

Roper Technologies Announces Second Quarter Results

SARASOTA, Fla., July 28, 2020 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the second quarter ended June 30, 2020. Second quarter GAAP and adjusted revenue each decreased 2% to $1.30 billion and $1.31 billion, respectively. Organic revenue decreased 3%. GAAP and adjusted gross margin were… Continue reading Roper Technologies Announces Second Quarter Results

BorgWarner Announces Early Tender Results and Receipt of Requisite Consents to Amend Delphi Technologies’ 5.00% Senior Notes Due 2025 and Related Indenture

AUBURN HILLS, Mich., Sept. 17, 2020 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) (“BorgWarner”) announced today that as of 5:00 p.m., New York City time, on September 16, 2020 (the “Early Tender Deadline”), $763.1 million in aggregate principal amount of outstanding 5.00% Senior Notes due 2025 (the “DT Notes”) of Delphi Technologies PLC (“Delphi Technologies”), representing approximately 95.39% of the $800 million total… Continue reading BorgWarner Announces Early Tender Results and Receipt of Requisite Consents to Amend Delphi Technologies’ 5.00% Senior Notes Due 2025 and Related Indenture

Bosch and Weichai Power increase efficiency of Weichai truck diesel engines to 50 percent

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 46.8 billion euros in 2019, and thus contributed 60 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 and Weichai Power increase efficiency of Weichai truck diesel engines to 50 percent

NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI

Unites NVIDIA’s leadership in artificial intelligence with Arm’s vast computing ecosystem to drive innovation for all customers NVIDIA will expand Arm’s R&D presence in Cambridge, UK, by establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking research NVIDIA will continue Arm’s open-licensing model and customer neutrality and expand… Continue reading NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI