Q4 2019 Goodyear Tire & Rubber Co Earnings Call AKRON Feb 13, 2020 (Thomson StreetEvents) — Edited Transcript of Goodyear Tire & Rubber Co earnings conference call or presentation Tuesday, February 11, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Darren R. Wells The Goodyear Tire & Rubber Company –… Continue reading Edited Transcript of GT earnings conference call or presentation 11-Feb-20 2:00pm GMT
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Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…
— Full-year cash flow from operations of $1.2 billion, up 32% year over year, reflecting improved working capital performance — U.S. consumer replacement volume increased 4% in 2019, driven by strong growth in the premium, large-rim diameter segment — Fourth quarter global replacement volume growth outpaced the industry — Growth in global commercial truck tire… Continue reading Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…
Motherson Sumi Systems re-organises business to enhance focus on domestic wiring harness business
Motherson Sumi Systems announced on January 30 that it has sought in-principle approval from its board of directors to demerge the domestic wiring harness business into a separate legal entity. This is mainly because MSSL’s joint venture partner, Sumitomo Wiring Systems (SWS), Japan, wants to focus on the domestic wiring harness business. All other remaining… Continue reading Motherson Sumi Systems re-organises business to enhance focus on domestic wiring harness business
Demand For Electric Classics Surge: Lunaz Doubles Workforce
Following the news of the UK’s plan to ban the sale of all new petrol, diesel, and hybrid cars by 2035, electric conversion specialists Lunaz have announced that it will be doubling its workforce. The Silverstone-based company, founded in 2018, as quickly established itself as a leader in the emerging classic car electric conversion market,… Continue reading Demand For Electric Classics Surge: Lunaz Doubles Workforce
MG Gloster SUV debuts at Auto Expo 2020
MG India has revealed the full-size Gloster SUV, based on the Chinese Maxus D90. It is officially the largest SUV to wear an MG badge and will take position as the brand’s range-topper in India when it goes on sale during Diwali this year. The large SUV will have immediate appeal for the ‘size-does-matter’… Continue reading MG Gloster SUV debuts at Auto Expo 2020
Suzuki Motor to set up lithium ion battery recycling plant in India
Four months after it signed an MoU with the Gujarat government for setting up of a Rs 4930 crore lithium ion battery plant in Bacharaji, near Ahmedabad, the Suzuki Motor Corporation- (SMC) backed Automotive Electronics Power Pvt Ltd (AEPPL) is now also planning to set up a lithium ion battery recycling facility in the future. According to… Continue reading Suzuki Motor to set up lithium ion battery recycling plant in India
DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
SOUTHFIELD, Mich., Feb. 7, 2020 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced the opening of its Central Technical Training Center at its Maryville, Tennessee, facility. DENSO designed the state-of-the-art technical training center to educate its employees about the latest technologies and best practices in advanced manufacturing, a move that helps ensure… Continue reading DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress
Swiss company Rinspeed has restently demonstrated new versions of the “Snap” and the “microSNAP”, vehicles whose chassis and bodies go their own ways. With the revolutionary separation of the two vehicle components, Rinspeed confronts the increasingly diverging life cycles of hardware and software. And by doing so, creates a sustainable foundation for the transport of… Continue reading Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress
Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
SOUTHFIELD, Mich., Feb. 6, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has authorized an increase in the Company’s share repurchase authorization to $1.5 billion and extended the authorization period to December 31, 2022. The Board also authorized the Company’s… Continue reading Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
Nikola TRE Production is expected to start in the first quarter of 2021. Stuttgart The Iveco plant in Ulm has been awarded the Nikola TRE electric truck. The company announced that now. The Nikola TRE is a battery-electric heavy-duty truck, and at the same time the first step towards the planned fuel cell truck. Iveco… Continue reading Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm