Valmet Automotive, one of the world’s largest vehicle contract manufacturers and engineering service providers focusing on electric mobility, is expanding its site in Helmstadt-Bargen, Baden-Württemberg, Germany, to produce electrically powered small series vehicles for urban mobility. This was announced by Dr. Robert Hentschel, SVP Engineering at Valmet Automotive, during a visit of Dr. Nicole Hoffmeister-Kraut,… Continue reading Valmet Automotive sets up small series production for electric vehicles in Helmstadt-Bargen
Category: Suppliers
Shiloh Industries Receives 2019 GM Supplier Quality Excellence Awards
Shiloh Industries Receives 2019 GM Supplier Quality Excellence Awards VALLEY CITY, OHIO, June 24, 2020 – Shiloh Industries, Inc. (NASDAQ: SHLO), an environmentally focused global supplier of lightweighting, noise and vibration solutions, has been awarded the 2019 General Motors Supplier Quality Excellence Award at their Valley City, Ohio (Wegman Drive) and Warren, Michigan facilities. The… Continue reading Shiloh Industries Receives 2019 GM Supplier Quality Excellence Awards
Shiloh Industries, Inc. Amends Agreement with Bank Lenders to Provide Additional Financial Flexibility as It Resumes Production Across Its Global Operations
Shiloh Industries, Inc. Amends Agreement with Bank Lenders to Provide Additional Financial Flexibility as It Resumes Production Across Its Global Operations Board of Directors Names Anna Phillips to the Board VALLEY CITY, OHIO, June 15, 2020 – Shiloh Industries, Inc. (NASDAQ: SHLO) (the “Company”) an environmentally focused global supplier of lightweighting, noise and vibration solutions,… Continue reading Shiloh Industries, Inc. Amends Agreement with Bank Lenders to Provide Additional Financial Flexibility as It Resumes Production Across Its Global Operations
Goodyear’s stock fall after Trump tweet urging boycott of company’s tires, while rivals’ shares gain
Shares of Goodyear Tire & Rubber Co. dropped 3.1% in afternoon trading Wednesday, after President Donald Trump urged people not to buy the tire maker’s tires, after reports that the company is prohibiting workers from wearing apparel with political slogans, which would include “Make America Great Again” hats. “Don’t buy GOODYEAR TIRES — They announced… Continue reading Goodyear’s stock fall after Trump tweet urging boycott of company’s tires, while rivals’ shares gain
More Than Just an Electric Vehicle Maker, NIO Launches Battery as a Service Subscription Model
In an increasingly crowded EV market, NIO is distinguishing itself with an innovative approach to EV ownership. Go to Source
China’s Nio Unveils Battery-As-A-Service, Lowering EV Ownership Costs
Nio Inc – ADR (NYSE: NIO) confirmed early Thursday two landmark developments that are intended to drive its electric vehicle sales. Nio’s Twin Announcements: Nio unveiled a battery-as-a-service, or BaaS, subscription model, and also announced the establishment of the Wuhan Weineng Battery Asset Co. Nio’s BaaS Economics: The BaaS subscription model will allow customers purchase EVs separately,… Continue reading China’s Nio Unveils Battery-As-A-Service, Lowering EV Ownership Costs
Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil. New Shares
2020-08-20 | Herzogenaurach Today, Schaeffler AG (ISIN DE000SHA0159, WKN SHA015) convenes an extraordinary general meeting for September 15, 2020 which will be held virtually in accordance with applicable COVID legislation. The sole agenda item of the extraordinary general meeting will be the creation of an authorized capital to be in the position to issue up… Continue reading Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil. New Shares
AAM Supplies New Independent Rear Drive Axles for GM Full Size SUVs
AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective affiliates… Continue reading AAM Supplies New Independent Rear Drive Axles for GM Full Size SUVs
Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
Last week, China Association of Automobile Manufacturers (“CAAM”) unveiled vehicle sales data for the month of July. Auto sales in July rose 16.4% year over year to 2.11 million units, marking the fourth consecutive month of gain registered by the world’s biggest auto market. The main highlight of the July auto report in China was… Continue reading Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock… Continue reading Allison Transmission Declares Quarterly Dividend