2.26.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has recorded revenues of €8,202m in 2017, according to its full year results. Revenues have increased by 8.6% over the previous year, more than six times the growth of production volumes in Gestamp’s footprint… Continue reading Gestamp recorded revenues of €8,202m in 2017
Category: Suppliers
A Glimpse into the Future: Continental demonstrates Predictive Connectivity Manager
Intelligent data and channel management for predictive, holistic connectivity Network availability forecast ensures optimum connectivity even on remote roads Technology serves need for Always On Connectivity Barcelona, February 26, 2018. It’s a problem all too familiar to those who spend a lot of time driving in rural areas: Mobile network reception is poor, with phone… Continue reading A Glimpse into the Future: Continental demonstrates Predictive Connectivity Manager
FAURECIA SUCCESSFULLY PRICES €700 MILLION OF 2.625% SENIOR NOTES DUE 2025
Faurecia announces the success of the above transaction, launched February 21st, 2018. Faurecia priced €700m of senior notes due 2025 at 2.625%. The quality of the investor base and the very favourable conditions achieved demonstrate the significant appreciation of Faurecia’s credit quality. Faurecia will use the proceeds of the issuance of the Notes, together with… Continue reading FAURECIA SUCCESSFULLY PRICES €700 MILLION OF 2.625% SENIOR NOTES DUE 2025
Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%
Please click HERE for a PDF version of the release. Fourth Quarter 2017 Highlights Record sales of $10.4 billion, up 12% from the fourth quarter of 2016 Record diluted earnings per share of $1.53, an increase of 23% Cash from operations of $1.4 billion Returned $461 million to shareholders through share repurchases and dividends Raises… Continue reading Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%
Partnership agreed between Bosch and Munich Re
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,500 associates worldwide (as of December 31, 2017). According to preliminary figures, the company generated sales of 78 billion euros in 2017. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building… Continue reading Partnership agreed between Bosch and Munich Re
2017 Results
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Autoliv publishes its 2017 Annual Report on Form 10-K
Thu, Feb 22, 2018 16:35 CET (Stockholm, Sweden, February 22, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has filed its 2017 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The Form 10-K is available at the SEC Edgar website: www.sec.gov and on… Continue reading Autoliv publishes its 2017 Annual Report on Form 10-K
Mastering the map: the key to an autonomous future
One of the key factors that will determine the success of autonomous cars is mastering the roadmap. The connected car of the future will rely heavily on a data-driven mapping system – a system that ‘self-heals’ and can understand the road environment beyond the range of a car’s onboard sensors. Maps need to be both… Continue reading Mastering the map: the key to an autonomous future
Visteon Reports Strong 2017 Financial Results
View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results
Continental plans new Hungarian plant in Debrecen
Greenfield investment starts in third quarter 2018, production planned from third quarter 2020 Expansion of production footprint for the growing demand for automotive electronics Sensors and transmission control units will be produced in Debrecen 450 new jobs and investment in total of €100 million Debrecen (Hungary), 22. February 2018. The technology company Continental announced the… Continue reading Continental plans new Hungarian plant in Debrecen