Category: Suppliers

The new Michelin Pilot tire has just seen its certification recognized by EASA

With increased performance in take-off and landing, and in terms of lifespan, the new Michelin Pilot tire has established performance standards never-before achieved in the General Aviation category. After its approval by the FAA* on November 16, 2023, the Michelin Pilot has seen this certification recognized by the EASA**.     A structure with exceptional durability… Continue reading The new Michelin Pilot tire has just seen its certification recognized by EASA

Michelin, the CNRS, and the University Strasbourg are joining forces to develop innovative nanofibrous materials

Michelin, the CNRS, and the University of Strasbourg inaugurated the SpinLab associated research laboratory in Strasbourg on 15 April, with a view to studying the electrospinning process for the optimal production of nanofibrous materials, such as adhesives or filtration membranes. The teams will work together over the course of four years to design an innovative… Continue reading Michelin, the CNRS, and the University Strasbourg are joining forces to develop innovative nanofibrous materials

Intel: With High NA EUV, Intel Foundry Opens New Frontier in Chipmaking

Why It Matters: High NA EUV tools will play a critical role in advanced chip development and the production of next-generation processors. Intel Foundry — the industry’s first mover on High NA EUV — will be able to deliver never-before-seen precision and scalability in chip manufacturing, enabling the company to develop chips with the most… Continue reading Intel: With High NA EUV, Intel Foundry Opens New Frontier in Chipmaking

Lear Wins General Motors 2023 Supplier of the Year Award

Lear earns award for 23rd time in 32 years SOUTHFIELD, Mich., April 18, 2024 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it was recognized with a GM Supplier of the Year award during General Motors’ 32nd annual Supplier of the Year ceremony. Lear Corporation Logo. (PRNewsFoto/Lear… Continue reading Lear Wins General Motors 2023 Supplier of the Year Award

Eaton Completes First-of-its-Kind Clean Energy Project in Puerto Rico to Power Manufacturing and Support the Regional Power Grid

New Eaton microgrid advances reliable, sustainable energy at its Arecibo facility and within the broader community Collaboration with Enel delivers largest clean energy microgrid in Puerto Rico, generating nearly 10 gigawatt-hours of renewable energy annually Eaton drives 45% reduction in energy consumption at Arecibo plant, cuts emissions by 7,100 metric tons annually and reduces costs… Continue reading Eaton Completes First-of-its-Kind Clean Energy Project in Puerto Rico to Power Manufacturing and Support the Regional Power Grid

Should Shareholders Reconsider Dana Incorporated’s (NYSE:DAN) CEO Compensation Package?

Key Insights Dana will host its Annual General Meeting on 24th of April Total pay for CEO Jim Kamsickas includes US$1.33m salary Total compensation is 142% above industry average Over the past three years, Dana’s EPS fell by 66% and over the past three years, the total loss to shareholders 52% Dana Incorporated (NYSE:DAN) has… Continue reading Should Shareholders Reconsider Dana Incorporated’s (NYSE:DAN) CEO Compensation Package?

FIRST-QUARTER 2024 SALES

Forvia NANTERRE (FRANCE)APRIL 18, 2024 FIRST-QUARTER 2024 SALES Q1 2024 SALES OUTPERFORMANCE OF 390bps TO REACH €6.531bnROBUST ORDER INTAKE OF €6.5bn, UP €1bn vs. Q1 2023 in €m Q1 2023 Currency effect Organic growth Scope effect Q1 2024 Reported change Group sales 6,644 -281 206 -38 6,531 -1.7% % of last year’s sales   -4.2%… Continue reading FIRST-QUARTER 2024 SALES

Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

By Diego Oré MEXICO CITY (Reuters) – Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last meeting between top Mexican officials… Continue reading Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng

Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV pioneer Tesla Inc (NASDAQ: TSLA) has been leading the market when it comes to architecture… Continue reading Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng