Michelin’s 2048 ambitions: MICHELIN tires will be made using 80 percent sustainable materials 100 percent of tires will be recycled

MICHELIN VISION : de l’Ambition à l’Action Actuellement, le taux mondial de récupération des pneus est de 70 % et le taux mondial de recyclage des pneus est de 50 %. Les pneus MICHELIN sont constitués de 28 % de matériaux durables (26 % de matériaux bio-sourcés, comme le caoutchouc naturel, l’huile de tournesol, le limonène,… Continue reading Michelin’s 2048 ambitions: MICHELIN tires will be made using 80 percent sustainable materials 100 percent of tires will be recycled

Michelin completes the acquisition of Fenner PLC

Le 16 mai 2018, les actionnaires de Fenner ont approuvé ce Scheme à plus de 99 % des voix. Celui-ci a également été homologué par le tribunal en date du 25 mai 2018. Chaque actionnaire de Fenner concerné par le Scheme recevra 6,10 £ en numéraire par action Fenner.PLC, au plus tard le 14 juin 2018, valorisant… Continue reading Michelin completes the acquisition of Fenner PLC

Autoliv and Veoneer hold Investor Day ahead of spin-off

Thu, May 31, 2018 08:00 CET (Stockholm, Sweden, May 31, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, will today hold an Investor Day in Stockholm ahead of the spin-off of Veoneer, the trusted partner in mobility, which is to be completed on June 29, 2018 at… Continue reading Autoliv and Veoneer hold Investor Day ahead of spin-off

Top Autoliv shareholders show strong support for Veoneer spin-off

Thu, May 31, 2018 07:45 CET (Stockholm, Sweden, May 31, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its top three shareholders, Cevian Capital, Alecta and AMF, have each individually agreed with Autoliv and Veoneer to remain as major owners of Veoneer for a… Continue reading Top Autoliv shareholders show strong support for Veoneer spin-off

Hyundai to use $388 million to expand Alabama plant

SEOUL, May 30 (Yonhap) — Hyundai Motor Co. said Wednesday it will invest 419 billion won ($388 million) to construct an engine head production facility at its existing Alabama plant. Engine heads to be produced at the Alabama plant will be used in new models of the Sonata and Elantra sedans. The head machining plant… Continue reading Hyundai to use $388 million to expand Alabama plant

FAURECIA SHAREHOLDERS’ MEETING – COMPOSITION OF THE BOARD OF DIRECTORS, DIVIDEND OF €1.10 PER SHARE AND PLAN TO CONVERT FAURECIA INTO A EUROPEAN COMPANY

All the resolutions were adopted at Faurecia’s Annual Shareholders’ Meeting held in Paris today under the chairmanship of Michel de Rosen. The shareholders approved the decision taken by the Board of Directors on October 12 to appoint Valérie Landon to the Board. Following the resignation of Jean-Pierre Clamadieu, effective at the close of the meeting,… Continue reading FAURECIA SHAREHOLDERS’ MEETING – COMPOSITION OF THE BOARD OF DIRECTORS, DIVIDEND OF €1.10 PER SHARE AND PLAN TO CONVERT FAURECIA INTO A EUROPEAN COMPANY

Geofencing technology demonstration in Stockholm

Tue, May 29, 2018 19:45 CET (Stockholm, Sweden, May 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety system, today announced that Veoneer, its electronics business, today participated in a geofencing urban environment technology demonstration in Stockholm, Sweden. Geofencing refers to a geographic zone where the entry, speed… Continue reading Geofencing technology demonstration in Stockholm

Federal-Mogul Powertrain Launches New Piston Ring Technology For Commercial Vehicles

Federal-Mogul Powertrain Launches New Piston Ring Technology For Commercial Vehicles eLine™ Improves Engine Efficiency and Helps Manufacturers Meet Future Emissions Targets BURSCHEID, Germany, May 29, 2018 /PRNewswire/ — Federal-Mogul Powertrain has developed a new piston ring for use in commercial vehicle diesel engines that enhances gas sealing capability by stabilizing ring dynamic motion and homogenizing oil… Continue reading Federal-Mogul Powertrain Launches New Piston Ring Technology For Commercial Vehicles

Veoneer Selected Partner to Develop Mono Vision Camera Systems

Tue, May 29, 2018 08:30 CET (Stockholm, Sweden, May 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced today that Veoneer, its electronics business, has been selected by one of the world’s leading automakers as a partner to develop and produce mono vision camera systems comprised… Continue reading Veoneer Selected Partner to Develop Mono Vision Camera Systems

Autoliv Board approves completion of spin-off

Thu, May 24, 2018 17:00 CET –       Board of directors approves completion of spin-off and sets record date –       New board members of Veoneer –       Details on share distribution and first day of trading –       Bridge financing –       Details on second quarter reporting (Stockholm, Sweden, May 24, 2018) – Autoliv, Inc. (NYSE: ALV… Continue reading Autoliv Board approves completion of spin-off