Veoneer publishes 2020 Annual Report on Form 10-K

STOCKHOLM, Feb. 19, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has filed its 2020 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The 2020 Annual Report on Form 10-K is available at the SEC Edgar website: www.sec.gov and on Veoneer’s web site veoneer.com.… Continue reading Veoneer publishes 2020 Annual Report on Form 10-K

@Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

PRESS RELEASE                                                                                                                                    #RenaultResults2020 FINANCIAL RESULTS: A year of contrastsThe strong improvement in operating profitability in the second half shows the first positive impacts of the actions taken in the context of a year heavily impacted by Covid-19.The results for the second half of 2020 (Group operating margin at 3.5% and positive Automotive operational free cash… Continue reading @Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

Magna Announces Fourth Quarter 2020 Results and Outlook

Fourth Quarter 2020 HighlightsSales of $10.6 billion increased 12%, compared to higher global light vehicle production of 4%Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019Cash from operating activities of $2.3 billion, compared to $1.7… Continue reading Magna Announces Fourth Quarter 2020 Results and Outlook

@Honda: Honda Motor Co., Ltd. Announces New President & CEO

TOKYO, Feb 19, 2021 – (JCN Newswire) – Honda Motor Co., Ltd. announced that at a meeting of the company’s Board of Directors held today, Toshihiro Mibe, currently the company’s Senior Managing Director, was named the next President and Representative Director, effective April 1, 2021. Mibe will succeed Takahiro Hachigo, the current President and Representative… Continue reading @Honda: Honda Motor Co., Ltd. Announces New President & CEO

Renault flags difficult year after record $9.7 billion loss

By Reuters Staff 4 Min Read PARIS (Reuters) – Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021 as a shortage of electronic chips added to uncertainties, after the COVID-19 pandemic dragged the French carmaker to an 8 billion euro loss last year. FILE PHOTO: A logo of Renault carmaker is pictured… Continue reading Renault flags difficult year after record $9.7 billion loss

Renault clings to turnaround after record $9.7 billion loss

By Reuters Staff 2 Min Read PARIS (Reuters) – Renault said on Friday that margins and sales had begun to recover in the second half of 2020 as it embarks on a turnaround plan, though the COVID-19 pandemic dragged the French carmaker to an 8 billion euro ($9.68 billion) loss last year. FILE PHOTO: A… Continue reading Renault clings to turnaround after record $9.7 billion loss

William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession

AUBURN HILLS, Michigan (February 17, 2021) — TI Fluid Systems (LSE:TIFS), announces today that William L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor, Hans Dieltjens. Hans Dieltjens will take on the… Continue reading William L. Kozyra to Retire as President & CEO of TI Fluid Systems, as Hans Dieltjens, Executive Vice President Prepares for Succession

Nissan plans more UK investment as it rolls out green tech

By Reuters Staff 2 Min Read Slideshow ( 3 images ) PARIS (Reuters) – Nissan will lift recent investments in its British plant to more than 1 billion pounds ($1.4 billion) in the next few years as it rolls out greener technology, the company said as it showcased its latest Qashqai car on Thursday. The… Continue reading Nissan plans more UK investment as it rolls out green tech

Automakers pause North American production on U.S. winter weather

By Sharay Angulo 3 Min Read MEXICO CITY (Reuters) – Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday on car manufacturing plants on both sides of the border, with Ford Motor Co, Nissan Motor Co Ltd and Toyota Motor Corp reporting disruptions to their assembly… Continue reading Automakers pause North American production on U.S. winter weather

Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 46.8 billion euros in 2019, and thus contributed 60 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch teams up with Microsoft to develop software-defined vehicle platform for seamless integration between cars and cloud