SANTA CLARA, Calif., May 4, 2020 – Intel Corporation today announced it has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit is known for its urban mobility application that offers travelers around the world the best multimodal trip planning by combining public transportation,… Continue reading Intel: Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering
Category: Suppliers
Prizewinning Brand Identity: Vitesco Technologies Scores Double Win in Automotive Brand Contest
Winner of the “Brand Design” and “Digital” categories New, modern image covers all channels and is without parallel in the industry Regensburg, May 4, 2020. In the prestigious Automotive Brand Contest 2020 design competition, Vitesco Technologies has scooped not one award for its all-new brand identity but two: The company was named a winner in… Continue reading Prizewinning Brand Identity: Vitesco Technologies Scores Double Win in Automotive Brand Contest
Continental AG Has Decided Not to Present Vitesco Technologies Spin-off at Annual Shareholders’ Meeting
The Executive Board of Continental AG has decided that due to the current market environment, the planned Spin-off of Vitesco Technologies (currently the business area Powertrain) will not be presented for a vote at the upcoming 2020 Annual Shareholders’ Meeting and thus will not take place in this year. The Spin-off will nevertheless continue to… Continue reading Continental AG Has Decided Not to Present Vitesco Technologies Spin-off at Annual Shareholders’ Meeting
Cummins Increases Revolver Capacity by $2 Billion
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today entered into an agreement providing for an additional $2 billion revolving credit facility that terminates on April 30, 2021. “The company ended the first quarter with cash, cash equivalents and marketable securities of $2 billion and committed borrowing capacity of $1.9 billion,” said Chief Financial Officer Mark Smith.… Continue reading Cummins Increases Revolver Capacity by $2 Billion
Edited Transcript of ETN earnings conference call or presentation 30-Apr-20 3:00pm GMT
Q1 2020 Eaton Corporation PLC Earnings Call DUBLIN May 1, 2020 (Thomson StreetEvents) — Edited Transcript of Eaton Corporation PLC earnings conference call or presentation Thursday, April 30, 2020 at 3:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Craig Arnold Eaton Corporation plc – Chairman & CEO * Richard H. Fearon Eaton… Continue reading Edited Transcript of ETN earnings conference call or presentation 30-Apr-20 3:00pm GMT
Eaton Corporation PLC (ETN) Q1 2020 Earnings Call Transcript
ETN earnings call for the period ending March 31, 2020. Go to Source
Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript
Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript More At this time, I would like to begin the presentation by turning the call over to Dana’s Senior Director of Investor Relations and Strategic Planning, Craig Barber. Today’s call is being recorded and the supporting materials are the property of Dana Incorporated. Allow me remind you… Continue reading Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript
Edited Transcript of DAN earnings conference call or presentation 30-Apr-20 2:00pm GMT
Q1 2020 Dana Inc Earnings Call Maumee May 1, 2020 (Thomson StreetEvents) — Edited Transcript of Dana Inc earnings conference call or presentation Thursday, April 30, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Craig Barber Dana Incorporated – Senior Director of IR & Strategic Planning * James K. Kamsickas… Continue reading Edited Transcript of DAN earnings conference call or presentation 30-Apr-20 2:00pm GMT
TI Fluid Systems to Support Ford Motor Company and 3M in Production of Air Purifying Respirators in Response to COVID-19
AUBURN HILLS, Michigan (April 24, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced a collaboration with Ford Motor Company and 3M to produce air flex tube assemblies for powered air-purifying respiratory systems (PAPR) in response to the increased demand caused by the COVID-19 outbreak. 3M’s PAPR uses… Continue reading TI Fluid Systems to Support Ford Motor Company and 3M in Production of Air Purifying Respirators in Response to COVID-19
TI Fluid Systems to Supply Thermal Products on New Ford Mustang Mach-E Full Battery Electric SUV
AUBURN HILLS, Michigan (March 4, 2020) — TI Fluid Systems, a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal management systems to the new Mustang Mach-E, Ford’s all-new all-electric SUV. The new vehicle, which arrives late in 2020, was first unveiled to the public in November last year… Continue reading TI Fluid Systems to Supply Thermal Products on New Ford Mustang Mach-E Full Battery Electric SUV