Tag: Tier 1 Suppliers

The auto subcontractor Maike dismantled

Maike Automotive, 1,450 employees, did not escape the dismantling. In difficulty, this large automotive subcontractor in the Arve Valley, in Haute-Savoie, had been placed in backup procedure last summer. After a process of several months, the Grenoble Commercial Court rendered its deliberations on Tuesday: it has awarded two of its four companies, Frank & Pignard… Continue reading The auto subcontractor Maike dismantled

Delphi Technologies launches revolutionary Combined Inverter and DC/DC Converter in China

SUZHOU, China, Feb. 20, 2018 /PRNewswire/ — Delphi Technologies, PLC (NYSE: DLPH), a leading provider of advanced vehicle propulsion solutions, is bringing New Energy Vehicle (NEV) to the next level with the launch of the first Combined Inverter and DC/DC Converter in the China market. For automakers, these components create a more efficient and cost effective… Continue reading Delphi Technologies launches revolutionary Combined Inverter and DC/DC Converter in China

MBE2—a global revolution in ethanol production by MAHLE

 The latest in fuels The use of biofuels in internal combustion engines is an important alternative to significantly reduce CO2 emissions—one of the gases responsible for the greenhouse effect. Ethanol is thus used in countries all over the world as a strategic fuel. In Brazil and the U.S., for example, a large fleet of vehicles… Continue reading MBE2—a global revolution in ethanol production by MAHLE

DENSO Announces Management Changes

KARIYA (Japan) ―DENSO Corporation today announced management changes, which were approved at today’s board of directors meeting. The following management changes will be effective April 1, 2018: (1)Toshiyuki Kato will be appointed to executive vice president. Currently he is a senior executive director. (2)The following will be appointed as senior executive directors: Kazuaki Fujitani, currently… Continue reading DENSO Announces Management Changes

For Intralogistics of the Future: Mounting Components Protect Self-Driving Transport Systems

Selbstfahrende Transportplattformen erhöhen die Flexibilität im Waren- und Materialfluss Elastomerbasierte Lagerungselemente schützen empfindliche Schalteinheit Auch individuell ausgelegte Lösungen möglich Hanover, February 2018. Digitalization, automation and robot technology are gaining ground in intralogistics as well. In the factories and logistics centers of the future, intelligent, autonomous systems will take on the task of transporting products between… Continue reading For Intralogistics of the Future: Mounting Components Protect Self-Driving Transport Systems

PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

At its meeting on February 15, 2018, the Faurecia Board of Directors decided to submit a proposal to shareholders to convert Faurecia as a “European Company” (Societas Europaea, SE) Around half of Faurecia’s sales currently come from Europe, where the Group has around 45,000 employees – including 10 000 in France – in 110 production sites… Continue reading PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

Business and Financial Results for Fiscal 2017

IR Library 2017 2016 2015 2014 2013 2012 2011 2010 2009 Back Number 2017 Full Year Consolidated Financial Statements for FY 2017 (1.1MB) Supplementary Information for FY 2017 (238KB) Financial Results Review Meeting for FY 2017 (703KB) Third Quarter Consolidated Financial Statements for 3Q 2017 (419KB) Supplementary Information for 3Q 2017 (240KB) Financial Results Review… Continue reading Business and Financial Results for Fiscal 2017

2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

Record order intake at €62 Bn, up €9 Bn. Acceleration of innovation strategy. Proposed dividend of €1.10 per share, up 22% year-on-year in €m 2016 2017 Change Sales* 15,613.6 16,962.2 +10.6%** Operating income 970.2 1,170.3 +20.6% as % of sales 6.2% 6.9% +70bps Net income from continued operations 532.5 714.5 +34.2% Recurring net cash flow… Continue reading 2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

Denso strengthens connectivity business, takes stake in Creationline

Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline