Gestamp recorded revenues of €6,572m for the first nine months of 201931.10.2019Gestamp, the multinational company specialized in the design, developm…

Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, presented its results today for the first nine months of 2019 with revenues reaching €6,572m. Gestamp outperformed the auto production market during 9M 2019 with a 6.8% growth rate in revenues (7.0% at constant FX)… Continue reading Gestamp recorded revenues of €6,572m for the first nine months of 201931.10.2019Gestamp, the multinational company specialized in the design, developm…

LG ANNOUNCES THIRD-QUARTER 2019 FINANCIAL RESULTS

Highest Third-Quarter Sales in History, Best Profitability in Decade SEOUL, Oct. 30, 2019 — LG Electronics Inc. (LG) announced record-breaking third-quarter consolidated revenues of KRW 15.7 trillion (USD 13.15 billion) and operating profit of KRW 781.4 billion (USD 654.4 million) for the July-September period. Sales increased 1.8 percent and operating income was 4.4 percent higher… Continue reading LG ANNOUNCES THIRD-QUARTER 2019 FINANCIAL RESULTS

Continental Powertrain is now Vitesco Technologies and is exhibiting innovative motorcycle solutions at EICMA

A wide product portfolio, from engine control units to sensors and actuators, fuel and exhaust gas management—customized for the latest regional emission regulations Series development of a 48-volt electric drive is in the starting blocks Vitesco Technologies presents its two-wheeler innovations in Hall 9, Stand O68, together with Continental Regensburg, 30. October 2019. Vitesco Technologies… Continue reading Continental Powertrain is now Vitesco Technologies and is exhibiting innovative motorcycle solutions at EICMA

LG AND QUALCOMM JOIN FORCES TO ADVANCE THE IN-CAR EXPERIENCE

Future Automotive Infotainment Platform to Benefit from Combined Synergies ofwebOS Auto and Third Generation Snapdragon Automotive Development Platform SEOUL, Oct. 30, 2019 — LG Electronics (LG) and Qualcomm Technologies Inc., a subsidiary of Qualcomm Incorporated, announced today plans to work together to further develop webOS Auto, LG’s connected in-vehicle infotainment system. Harnessing the combined strengths… Continue reading LG AND QUALCOMM JOIN FORCES TO ADVANCE THE IN-CAR EXPERIENCE

Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink

Cummins Announces Third Quarter Results

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2019. Third quarter revenues of $5.8 billion decreased 3 percent from the same quarter in 2018. Lower demand for trucks and construction equipment drove the majority of the decline. Sales in North America were flat while international revenues decreased 8 percent.… Continue reading Cummins Announces Third Quarter Results

NIO Inc. Announces Management Change

SHANGHAI, China, Oct. 28, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that Mr. Louis T. Hsieh has tendered his resignation as chief financial officer of the Company for personal reasons, effective October 30, 2019.  The Company has commenced the search for… Continue reading NIO Inc. Announces Management Change

Aptiv Declares Quarterly Dividend

DUBLIN, Oct. 24, 2019 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, payable on November 20, 2019, to shareholders of record at the close of business on November 6, 2019. About… Continue reading Aptiv Declares Quarterly Dividend