Lear Releases Second Edition of Safe Work Playbook with New Content and Advanced Protocols for Facility Safety

Playbook offers 80-plus pages of education, training, communication and auditing toolkits SOUTHFIELD, Mich., April 27, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today released the second edition of its Safe Work Playbook which provides new content for integrating health and safety protocols into day-to-day operations to help… Continue reading Lear Releases Second Edition of Safe Work Playbook with New Content and Advanced Protocols for Facility Safety

Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors

Hyundai Motor Company is planning to equip its next-generation Genesis “G90” with two “LiDAR (Light Detection and Ranging) sensors that will be the first within the global automotive industry. Two LiDAR sensors will be able to provide the level 3 of autonomous driving along with previous camera and radar sensors and Hyundai’s own control algorithm.… Continue reading Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors

Edited Transcript of ALV earnings conference call or presentation 24-Apr-20 12:00pm GMT

Q1 2020 Autoliv Inc Earnings Call Stockholm Apr 24, 2020 (Thomson StreetEvents) — Edited Transcript of Autoliv Inc earnings conference call or presentation Friday, April 24, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Anders Trapp Autoliv, Inc. – VP of IR * Fredrik Westin Autoliv, Inc. – CFO &… Continue reading Edited Transcript of ALV earnings conference call or presentation 24-Apr-20 12:00pm GMT

@Groupe PSA: Faurecia extends its cooperation with Xuyang Group to develop display technologies

Chapô Faurecia, one of the world’s leading automotive technology companies, today announced a new joint venture with Changchun Xuyang Industry (Group) Co., Ltd. (Xuyang Group), which marks another key milestone in the strategic cooperation between Faurecia and Xuyang Group. Go to Source

AutoLiv: Financial Report January – March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ —  Q1 2020: Perhaps, the end of the beginning Financial highlights Q1 2020 $1,846m net sales 13% organic sales decline* 7.3% operating margin 7.4% adj. operating margin* $0.86 EPS – a decrease of 32% $0.88 adj. EPS* – a decrease of 27% Full year 2020 indications No indications will be provided until effects of… Continue reading AutoLiv: Financial Report January – March 2020

Valeo’s global Q1 sales in 2020 drops eight percent, India sales down as well

Global automotive Tier 1 supplier, Valeo announced its first-quarter sales of 2020. The original equipment sales for the group slipped eight percent to 3,797 million euros from the previous year (4,121 million euros in Q1 2019). In India, the French company recorded a 15 percent drop in the OE sales (40 million euros) for the… Continue reading Valeo’s global Q1 sales in 2020 drops eight percent, India sales down as well

Autoliv Q1 profit beats forecast as China exits lockdowns

STOCKHOLM (Reuters) – Sweden’s Autoliv (ALIVsdb.ST) (ALV.N), the world’s largest producer of airbags and seatbelts, reported a much smaller than expected fall in the quarterly earnings on Friday and said it was seeing a recovery in demand and production in China. First-quarter adjusted operating earnings at Autoliv tumbled to $134 million from a year-ago $173… Continue reading Autoliv Q1 profit beats forecast as China exits lockdowns

Sweden’s Veoneer to exit brake control business

STOCKHOLM, April 23 (Reuters) – Swedish auto technology group Veoneer said late Thursday it would exit its brake control business following a strategic review, and had inked a non-binding deal to sell its U.S. brake control programs to an unnamed automotive supplier. Loss-making Veoneer, which makes radars, vision systems and software for advanced driver-assistance systems,… Continue reading Sweden’s Veoneer to exit brake control business

Sony Vision-S Electric Crossover Renderings Show Off Sleek Design

Sony surprised us earlier this year with the Vision-S at the Consumer Electronics Show. It was a concept car designed to showcase the company’s various automotive technologies in one sleek package. However, it didn’t remain Sony’s only car. A video highlighting the Vision-S shortly after the reveal briefly showed the front clip of a high-riding,… Continue reading Sony Vision-S Electric Crossover Renderings Show Off Sleek Design

@Groupe PSA: 2020 Marks the Start of the Decade of Hydrogen

The growing impact of climate change, harsher penalties for greenhouse gas emissions, and a greater awareness of our carbon footprint are all driving efforts for more sustainable sources of energy. Because of the abundance of hydrogen and its existing use in energy generation, industry and transport, the Hydrogen Council estimates that by 2050 18% of… Continue reading @Groupe PSA: 2020 Marks the Start of the Decade of Hydrogen