MAUMEE, Ohio, Oct. 27, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the 45th Annual Automotive Symposium “Batteries Included” hosted by Gabelli Funds on Nov. 1, 2021. Beginning at 2:45 p.m. PDT (11:45 a.m. EDT), Dana’s Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview… Continue reading Oct 27, 2021, 15:59 ETDana Incorporated to Participate in Gabelli Funds’ 45th Annual Automotive SymposiumDana Incorporated (NYSE: DAN) announced today…
Tag: Mobility
Oct 26, 2021, 06:59 ETDana Incorporated Reports 2021 Third-quarter Financial ResultsKey Highlights Sales of $2.2 billion Net income attributable to Da…
MAUMEE, Ohio, Oct. 26, 2021 /PRNewswire/ — Key Highlights Sales of $2.2 billion Net income attributable to Dana of $48 million Diluted EPS of $0.33 Adjusted EBITDA of $210 million Diluted adjusted EPS of $0.41 Hosted Capital Markets Day focused on electrification technology Announced over a dozen significant new EV program wins Dana Incorporated (NYSE:… Continue reading Oct 26, 2021, 06:59 ETDana Incorporated Reports 2021 Third-quarter Financial ResultsKey Highlights Sales of $2.2 billion Net income attributable to Da…
Oct 25, 2021, 16:30 ETDana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing CompanyDa…
MAUMEE, Ohio, Oct. 25, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana’s agreement to acquire a portion of Modine’s automotive thermal-management business for one dollar with the assumption of certain financial liabilities. Both companies had been actively engaged in the regulatory review process… Continue reading Oct 25, 2021, 16:30 ETDana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing CompanyDa…
Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Tesla hits three milestones in a week Volkswagen cuts outlook, reports Q3 profit drop Volkswagen aims to overtake Tesla by 2025 Gap between the two companies widens – analysts FRANKFURT, Oct 29 (Reuters) – It’s been a sobering week for Herbert Diess‘ electric vehicle ambitions. While Tesla (TSLA.O) joined the trillion-dollar club, received a landmark… Continue reading Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Hertz says it may expand supply of Teslas to Uber to 150,000
The logo of car rental company Hertz is seen at a branch office in Zurich, Switzerland November 17, 2020. REUTERS/Arnd Wiegmann SAN FRANCISCO, Oct 28 (Reuters) – Rental car company Hertz (HTZZ.PK) said on Thursday it could expand plans to supply Tesla (TSLA.O) vehicles to Uber (UBER.N) to 150,000 during the next three years from… Continue reading Hertz says it may expand supply of Teslas to Uber to 150,000
Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
@VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
Following record figures in the first half of the year, the third quarter is characterized above all by the crisis in semiconductors. After nine months, the Audi Group, in spite of the challenges, is in a respectable position overall in operating and financial terms. From January to September, the number of deliveries, revenue, operating profit,… Continue reading @VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
@Toyota: Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
$461 Million Investment, 1,400 Direct Jobs Helps Modernize Facility, Increases Production Flexibility And Supports Carbon Neutrality GEORGETOWN, Ky. (October 29, 2021) – You might think Toyota Kentucky (TMMK) has seen it all during its 35-year history. But today, Toyota announced a series of changes and projects that will boost the Georgetown plant’s transformation to meet… Continue reading @Toyota: Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
@Toyota: All-Electric bZ4X Production Model Announced in Japan
About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S.… Continue reading @Toyota: All-Electric bZ4X Production Model Announced in Japan
Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
Facility Enhancements and Operational Upgrades: Advanced manufacturing equipment and technologies, coupled with facility layout improvements, will increase the plant’s operational speed, flexibility and competitiveness. These improvements will expand TMMK’s ability to produce new products, including future electrification. Expansion of Powertrain Capabilities: TMMK’s powertrain operation will increase its product mix with a 2.4-liter turbo engine line.… Continue reading Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear