Production at Gaz The Wolfsburg VW Group would like to expand its cooperation with the Russian truck partner Gaz. (Photo: Bloomberg / Getty Images) MoscowVW gets impatient: The car company is waiting for the end of negotiations between the US government and Representatives of the Russian oligarch Oleg Deripaska on the lifting of sanctions against… Continue reading Cooperation with Gaz: Why VW is on hold in Russia
Tag: Contract Manufacturer
Car manufacturer: BMW pays 8.5 million euros fine in the diesel scandal
BMW The car maker comes in the diesel scandal with a fine. (Photo: AP) DusseldorfBMW must because of misconduct in the diesel scandal pay a fine of 8.5 million euros. As the public prosecutor informed Munich on Monday, the authority issued the penalty notice for an administrative offense of negligent breach of duty. BMW have… Continue reading Car manufacturer: BMW pays 8.5 million euros fine in the diesel scandal
Magna Posts Record Sales As CEO Bemoans Tariffs
View photos Canadian auto and truck parts maker Magna International (NYSE: MGA) reported a better than expected profit on Friday, February 22, but its CEO noted that the Trump administration’s tariffs were hurting the company’s U.S. plants. Magna generated a $456 million profit in the fourth quarter of 2018, an 18 percent decline compared to… Continue reading Magna Posts Record Sales As CEO Bemoans Tariffs
Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%
Fourth Quarter 2018 HighlightsRecord fourth quarter sales of $10.1 billion up 5% from the fourth quarter of 2017Cash from operations of $1.6 billionReturned $585 million to shareholders through share repurchases and dividendsRaised quarterly cash dividend by 11% to $0.365 per shareFull Year 2018 HighlightsRecord sales of $40.8 billion, up 12% from 2017Record diluted earnings per… Continue reading Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%
Valmet: ACQUISITION OF OWN SHARES 21.02.2019
Valmet: ACQUISITION OF OWN SHARES 21.02.2019 Valmet Oyj NOTIFICATION 21.02.2019 at 18:30 VALMET Oyj: ACQUISITION OF OWN SHARES 21.02.2019 Date 21.02.2019 Exchange transaction Buy Share class VALMT Amount 19,600 Average price/share 21.3894 EUR Highest price/share 21.4600 EUR Lowest price/share 21.3200 EUR Total price 419,232.24 EUR The shares held… Continue reading Valmet: ACQUISITION OF OWN SHARES 21.02.2019
UPDATE 2-Magna International profit beats on strength in vehicle assembly unit
(Adds details on business segments) Feb 22 (Reuters) – Canada’s Magna International Inc beat analysts’ estimates for quarterly profit on Friday as the auto parts maker assembled more vehicles, benefiting from new launches by car makers Jaguar Land Rover and Daimler AG. Sales at its complete vehicles unit rose 39 percent to $1.69 billion, with… Continue reading UPDATE 2-Magna International profit beats on strength in vehicle assembly unit
VALMET Oyj: ACQUISITION OF OWN SHARES 15.02.2019
VALMET Oyj: ACQUISITION OF OWN SHARES 15.02.2019 Valmet Oyj NOTIFICATION 15.02.2019 at 18:30 VALMET Oyj: ACQUISITION OF OWN SHARES 15.02.2019 Date 15.02.2019 Exchange transaction Buy Share class VALMT Amount 23,000 Average price/share 21.3374 EUR Highest price/share 21.4800 EUR Lowest price/share 21.1400 EUR Total price 490,760.20 EUR The shares… Continue reading VALMET Oyj: ACQUISITION OF OWN SHARES 15.02.2019
Notice convening Valmet Oyj’s Annual General Meeting
Notice convening Valmet Oyj’s Annual General Meeting Valmet Oyj’s stock exchange release on February 7, 2019 at 01:05 p.m. EET Notice is given to the shareholders of Valmet Oyj that the Annual General Meeting is to be held on Thursday, March 21, 2019 at 1:00 p.m. in the Hall 101 of Messukeskus Helsinki, Messuaukio 1,… Continue reading Notice convening Valmet Oyj’s Annual General Meeting
Kutsu Valmet Oyj:n varsinaiseen yhtiökokoukseen
Kutsu Valmet Oyj:n varsinaiseen yhtiökokoukseen Valmet Oyj:n pörssitiedote 7. helmikuuta 2019 klo 13:05 Valmet Oyj:n osakkeenomistajat kutsutaan varsinaiseen yhtiökokoukseen, joka pidetään torstaina 21. maaliskuuta 2019 klo 13.00 alkaen Messukeskuksen salissa 101, osoitteessa Messuaukio 1, 00520 Helsinki. Kokoukseen ilmoittautuneiden vastaanottaminen ja äänilippujen jakaminen aloitetaan klo 12.00. A. Varsinaisessa yhtiökokouksessa käsiteltävät asiat Kokouksen avaaminen Kokouksen järjestäytyminen… Continue reading Kutsu Valmet Oyj:n varsinaiseen yhtiökokoukseen
UK dealers in first phase of Automobili Pininfarina retail specialists
Automobili Pininfarina has announced details of the first phase of retail specialists appointed in its new global network. Europe will be served by specialists in Birmingham and London, as well as Brussels, Düsseldorf , Monaco and Stuttgart, with eight further locations currently under discussion. The company has chosen retailers that are all proven in high-performance… Continue reading UK dealers in first phase of Automobili Pininfarina retail specialists