Record Revenue Growth and Growth Over Market Raising Full Year Outlook DUBLIN, Aug. 5, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported second quarter 2021 U.S. GAAP earnings of $0.54 per diluted share. Excluding special items, second quarter earnings totaled $0.60… Continue reading Aptiv Reports Second Quarter 2021 Financial Results
Tag: Manufacturing
Adient reports third quarter 2021 financial results
Temporary macro factors (primarily semiconductor supply chain disruptions and rising commodity prices) continue to impact the industry and Adient’s near-term results PLYMOUTH, Mich., Aug. 5, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced third quarter 2021 financial results. (PRNewsfoto/Adient) Q3 GAAP net income and EPS diluted of $(71)M and… Continue reading Adient reports third quarter 2021 financial results
@Daimler: Mercedes-Benz Vans celebrates 15 years in Charleston
Plant started as a semi-knockdown assembly facility in 2006 Electric future ahead: next generation eSprinter coming second half 2023 Additional 50 million euros investment in the plant Celebrating 15 years of progress, first-day employees and new team members Charleston, SC, USA – More than 200,000 Sprinter and Metris vans have been assembled in North Charleston… Continue reading @Daimler: Mercedes-Benz Vans celebrates 15 years in Charleston
Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…
WASHINGTON, Aug 5 (Reuters) – U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles and will propose new vehicle-emission rules to cut pollution through 2026, the White House said. Biden’s goal, which is not legally binding, won the support of… Continue reading Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…
SK innovationspins off the battery business with orders on hand of 130 trillion won… “Realization of surplus next year”
Plan to launch new corporation ‘SK Battery’ in OctoberContinuous supply in the second half of the year to Hyundai Motors and VolkswagenAiming to become the third largest in the world by laying the <View of SK innovation’s battery plant in Seosan> SK Innovationis spinning off the battery business. With high-capacity NCM (nickel, cobalt, manganese) batteries… Continue reading SK innovationspins off the battery business with orders on hand of 130 trillion won… “Realization of surplus next year”
@BMW: Predictive maintenance: When a machine knows in advance that repairs are needed.001357
+++ Predictive maintenance enhances efficiency and sustainability at the BMW Group +++ Smart digital monitoring and maintenance prevent unplanned production downtimes +++ Cloud-based platform integrated into global BMW Group production network +++ Munich. When it comes to maintaining production systems, the solution of choice at the BMW Group is to use sensors, data analytics and… Continue reading @BMW: Predictive maintenance: When a machine knows in advance that repairs are needed.001357
Ford, GM, and Stellantis announce joint 40-50% EV sale goal in 2030 – who is going to buy other 50%?
Ford, GM, and Stellantis, also known as the Detroit Big Three, announced today a joint goal for electric vehicles to achieve 40% to 50% of their sales in the US by 2030. Who is going to buy the other 50% of their cars? Over the last year, Ford, GM, and Stellantis (mainly Chrysler, Dodge, Ram,… Continue reading Ford, GM, and Stellantis announce joint 40-50% EV sale goal in 2030 – who is going to buy other 50%?
@FCA: Ford, GM and Stellantis Joint Statement on Electric Vehicle Annual Sales
Ford, GM and Stellantis Joint Statement on Electric Vehicle Annual Sales Today, Ford, GM and Stellantis announce their shared aspiration to achieve sales of 40-50% of annual U.S. volumes of electric vehicles (battery electric, fuel cell and plug-in hybrid vehicles) by 2030 in order to move the nation closer to a zero-emissions future consistent with Paris… Continue reading @FCA: Ford, GM and Stellantis Joint Statement on Electric Vehicle Annual Sales
Meritor Reports Third-Quarter Fiscal Year 2021 Results
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021. Third-Quarter Highlights Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58… Continue reading Meritor Reports Third-Quarter Fiscal Year 2021 Results
Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will provide electric drivetrain sub-systems for Hyliion’s Hypertruck ERX™ electrified powertrain for Class 8 trucks. Hyliion’s powertrain system will feature Meritor’s Blue Horizon™ 14Xe™ ePowertrain integrated drive axles as the standard position propulsion and regeneration hardware on Hyliion vehicle upfits. Hypertruck ERX… Continue reading Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch