FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE

Faurecia announces today an investment in the startup SUBPAC, reinforcing the Group’s ecosystem dedicated to a personalized, versatile and connected Cockpit of the Future. Based in Silicon Valley, SUBPAC has developed a hardware and software technology platform that provides a deeply immersive and customized music and media experience by silently transferring low frequencies directly to… Continue reading FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE

Press Release – 2018 first-half financial report availability

Le groupe Michelin annonce ce jour avoir mis à disposition du public et déposé auprès de l’Autorité des Marchés Financiers (AMF) son Rapport financier semestriel 2018. Le Rapport financier semestriel ainsi que la présentation des résultats semestriels 2018 peuvent être consultés sur le site internet de la Société (www.michelin.com), rubrique Finance / Informations réglementées.

2018 HALF YEAR RESULTS

Faurecia announces a double-digit growth in sales** and operating income in the first half of 2018. Full year guidance is upgraded. in €m H1 2017* H1 2018 Change Sales 8,545.2 8,991.3 +10.9%** Operating income 582.7 647.2 +11.1% as % of sales 6.8% 7.2% +40bps Net income, Group share 310.4 342.0 +10.2% Net cash flow 210.5… Continue reading 2018 HALF YEAR RESULTS

Michelin and Camso’s main shareholders are in exclusive discussion

Le groupe Camso est un acteur majeur du marché « hors route » pour certains types de pneumatiques et de chenilles. En fonction de leur issue, la poursuite des discussions donnera lieu le cas échéant à une communication détaillée en temps utile. La conclusion d’un accord d’acquisition serait, conformément aux législations applicables, soumise à l’examen des autorités… Continue reading Michelin and Camso’s main shareholders are in exclusive discussion

ZF Aftermarket Sets the Pace for Tomorrow´s Mobility

To ensure that vehicles move efficiently, safely, dynamically and reliably, ZF products are the first choice in driveline, chassis and safety systems – for passenger cars, trucks, buses and motorcycles. With its guiding principle “see. think. act., ZF has secured a strong global position by mastering the interaction of sensors, control units and vehicle motion… Continue reading ZF Aftermarket Sets the Pace for Tomorrow´s Mobility

Adient Declares Quarterly Dividend

PLYMOUTH, Mich., June 5, 2018 /PRNewswire/ — The board of directors of Adient plc (NYSE: ADNT), a global leader in automotive seating, today announced that its Board of Directors declared a quarterly cash dividend of $0.275 per ordinary share, payable on August 15, 2018 to shareholders of record at the close of business on July 18,… Continue reading Adient Declares Quarterly Dividend

FAURECIA TO TAKE CONTROL OF 100% OF PARROT AUTOMOTIVE

Faurecia and Parrot have finalized a proposal concerning the take-over of 100% of Parrot Automotive by Faurecia, ahead of schedule. This transaction underlines the importance of Parrot Automotive in Faurecia’s Cockpit of the Future strategy. It would accelerate the development of infotainment solutions based on the Android operating system by Parrot Automotive and the development… Continue reading FAURECIA TO TAKE CONTROL OF 100% OF PARROT AUTOMOTIVE

Valeo joins Baidu’s autonomous driving partner ecosystem, Apollo

Valeo will contribute its expertise in sensors, an area where the Group currently ranks as world leader, with the industry’s most comprehensive range of sensors, comprising cameras, radars, ultrasonic sensors and the Valeo SCALA™ laser scanner. With this know-how, Valeo has already achieved numerous world firsts in the field of autonomous vehicles, including 24 hours… Continue reading Valeo joins Baidu’s autonomous driving partner ecosystem, Apollo

Porsche and MICHELIN establish a new outright lap record around the legendary Nürburgring Nordschleife

Ce résultat arrive deux mois seulement après la prouesse accomplie par Porsche sur le Circuit de Spa-Francorchamps, où la même monture confiée à Neel Jani avait brisé le record établi par Lewis Hamilton en 2017 au volant d’une monoplace de Formula 1, en bouclant les 7,004 Km du « toboggan des Ardennes » en 1m41’’770,… Continue reading Porsche and MICHELIN establish a new outright lap record around the legendary Nürburgring Nordschleife

BorgWarner’s Latest AWD Coupling Delivers Dynamic Driving Experience for Lynk & Co 01

Features integrated ECU with vehicle dynamics software. Automatically distributes torque on demand for excellent traction, handling, stability and fun-to-drive experience. Compact, lightweight design for high torque capacity and improved fuel economy. Auburn Hills, Michigan, June 25, 2018 – BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, enhances… Continue reading BorgWarner’s Latest AWD Coupling Delivers Dynamic Driving Experience for Lynk & Co 01