STOCKHOLM, April 27, 2018 /PRNewswire/ — For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter 2017, and record gross profit of $579 million. Quarterly organic sales* grew… Continue reading Autoliv – Financial Report January – March 2018
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Financial Report January – March 2018
Fri, Apr 27, 2018 12:00 CET Record sales and gross profit, again (Stockholm, Sweden, April 27, 2018) – For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter… Continue reading Financial Report January – March 2018
Elliott reiterates call for holding firm structure for Hyundai Motor Group
SEOUL, April 27 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., on Friday reiterated its demand for a holding company structure for Hyundai Motor Group. In a statement, the U.S. fund called on the Korean automotive group to merge Hyundai Motor Co. and Hyundai Mobis Co. into one… Continue reading Elliott reiterates call for holding firm structure for Hyundai Motor Group
BMW: Innoviz & Magna
The sensors from BMW come from Innoviz and Magna, according to the new contracts. In terms of Lidar refers to the manufacturer BMW his supply of Innoviz or Magna. Magna Icon Radar. Source: Magna BMW should from now on its Lidarsensorik of Innoviz got a lidar manufacturer out Israel, These cooperate including with the supplier… Continue reading BMW: Innoviz & Magna
FAURECIA : 2017 registration document
News releaseNanterre (France), April 27, 2018Faurecia 2017 registration documentFaurecia filed its 2017 registration document with the French Autorité des Marchés Financiers on April 26, 2018.It is available for consultation on the corporate website of the Company:www.faurecia.com/en/finance/amf-regulated-informationas well as on the website of the AMF : www.amf-france.org.The registration document contains:the annual financial report ;information on the fees… Continue reading FAURECIA : 2017 registration document
News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China
Please click HERE for a PDF version of the release. JV has been awarded door modules business with German OEM New facility planned for the Beijing area 100 new jobs expected, production to begin in 2021 BEIJING, April 26, 2018 (GLOBE NEWSWIRE) — A new joint venture between Magna and Beijing Hainachuan Automotive Parts Co.,… Continue reading News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China
News Release – Magna Wins LiDAR Business With BMW Group
Please click HERE for a PDF version of the release. One of the first serial production contracts for solid-state LiDAR Supports up to L4 and L5 self-driving systems across multiple vehicle platforms Solid-state LiDAR from Innoviz Technologies meets automotive standards in a compact size and at a competitive cost AURORA, Ontario, April 26, 2018 (GLOBE… Continue reading News Release – Magna Wins LiDAR Business With BMW Group
DENSO Announces Year-end Financial Results
KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for fiscal year ending March 31, 2018: Consolidated revenue totaled 5,108.3 billion yen (US$48.1 billion), a 12.8 percent increase from the previous year. Consolidated operating profit totaled 412.7 billion yen (US$3.9 billion), a 24.8 percent increase from the previous year. Consolidated profit… Continue reading DENSO Announces Year-end Financial Results
BORGWARNER REPORTS FIRST QUARTER 2018 U.S. GAAP NET EARNINGS OF $1.07 PER DILUTED SHARE, OR $1.10 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS
Autoliv provides update ahead of planned spin-off
Thu, Apr 26, 2018 23:00 CET (Stockholm, Sweden, April 26, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced important steps in the process to spin-off its Electronics business. The process of spinning off the Electronics business under the name Veoneer is progressing well. Operational separation… Continue reading Autoliv provides update ahead of planned spin-off