S The high level of losses on automotive stocks and Beiersdorf shares pushed the German stock market down sharply on Thursday. The F.A.Z. Index, which is 100 times broader in the market, yields 0.92 percent to 2450 points. The default Dax index yielded 0.85 percent to 12,587 points. The prices also fell in New York.… Continue reading Investors sell car values and Beiersdorf
Tag: Tier 1 Suppliers
ZF brings out the robot mini bus
N Still, the streetcars’ transporters are a source of surprise: electric vans that are used by the postal service in large numbers while large automakers are still in the test stage. The co-founder of Streetscooter GmbH, the Aachen Professor Günther Schuh, has now become the automotive supplier ZF Friedrichshafen taken to the partner. Together, they… Continue reading ZF brings out the robot mini bus
Bosch has to release documents
Z ur legal processing of the diesel crisis at VW must be the supplier Bosch in the opinion of the Stuttgart district court probably publish numerous documents. According to preliminary estimates, Bosch could not rely on the right to refuse to give evidence, said the responsible judge on Wednesday. A decision has not yet been… Continue reading Bosch has to release documents
Mercedes should call back 134,000 cars
The Federal Motor Transport Authority (KBA) calls on Mercedes to recall 134,000 cars. According to the will of the authority, the manufacturer should replace a meanwhile forbidden refrigerant in air conditioners. Burning Mercedes B-Class after crash test Thursday, 27.04.2017 15:40 clock In the so-called Refrigerant dispute between the automaker Mercedes, the federal government and the… Continue reading Mercedes should call back 134,000 cars
Prosecutor investigates Daimler employees
After VW and Audi now Daimler under suspicion: The Stuttgart prosecutor’s office has taken investigations – because of possible exhaust gas manipulation of diesel vehicles. The Mercedes star on the station tower of Stuttgart Wednesday, 22.03.2017 17:35 clock Diesel fraud at Daimler? The public prosecutor’s office Stuttgart has started investigations against Daimler coworkers, on suspicion… Continue reading Prosecutor investigates Daimler employees
BaFin checks ad hoc errors at VW and Daimler
In the antitrust scandal car companies have to face a new threat. The Financial Supervisory Authority BaFin checks whether VW and Daimler have informed their investors too late about possible antitrust violations. VW CEO Matthias Müller (r.) Looks to Daimler CEO Dieter Zetsche Monday, 07.08.2017 15:05 clock Suspicious agreements now make German car companies targets… Continue reading BaFin checks ad hoc errors at VW and Daimler
What is behind the attempts of the auto companies
German car companies tested pollutants – on animals and humans. They even started their own research initiative. What was the purpose of VW, Daimler and BMW? The overview. Exhaust of a diesel car Monday, 29.01.2018 16:52 clock The auto industry is said to have commissioned trials to prove how harmless the supposedly clean diesel engines… Continue reading What is behind the attempts of the auto companies
Faurecia Announces First-Half 2018 Results
AUBURN HILLS, Mich., July 20, 2018 /PRNewswire/ — in €m H1 2017* H1 2018 Change Sales 8,545.2 8,991.3 +10.9%** Operating income 582.7 647.2 +11.1% as % of sales 6.8% 7.2% +40bps Net income, Group share 310.4 342.0 +10.2% Net cash flow 210.5 247.0 +17.3% Net debt at the end of the period 413.8 465.2 +12.4%… Continue reading Faurecia Announces First-Half 2018 Results
Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
TOLEDO, Ohio, July 12, 2018 /PRNewswire/ — Faurecia Interiors, a global manufacturer of automotive interior systems with North American headquarters based in Auburn Hills, Michigan, announced plans today to open a new production facility in Toledo, Ohio. The new facility will create more than 100 new jobs and officially begin production activity in April 2019,… Continue reading Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
DELFINGEN celebrates its 20 years of presence in the USA
A strategy of conquest started in 1998 SOFANOU’s American adventure started in 1998, with the acquisition of Truesdell and APTC. SOFANOU now owned two of the three major manufacturers of cable protection components (the third one, M&Q, was acquired in 2008).Then begun a massive industrial organization in the United States: Sumitomo, our main client… Continue reading DELFINGEN celebrates its 20 years of presence in the USA