@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2022002171

Ladies and Gentlemen, The BMW Group is a high-performing company with a global presence. It is financially strong, highly robust, innovative and also extremely flexible. This is especially important in the current situation with all the diverse and overlapping challenges we face right now. We are always focused on our company’s perspective for the future.… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2022002171

@BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170

Good Morning, Ladies and Gentlemen. The BMW Group successfully managed the second quarter of 2022 and delivered good results – despite difficult business conditions. Overall, the first half of the year was characterised by continuing semiconductor bottlenecks and supply chain disruptions. This meant the BMW Group was not fully able to meet demand. As a… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170

GM’s Super Cruise will cover 400,000 miles of roads in North America, doubling coverage

Super Cruise, the “hands-free” advanced driver-assist system (ADAS) from General Motors, will soon be available on a lot more roads in North America. GM announced today that, later this year, the ADAS system will be able to operate on 400,000 miles of roads, including non-divided highways — which would essentially double Super Cruise’s current coverage… Continue reading GM’s Super Cruise will cover 400,000 miles of roads in North America, doubling coverage

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004931

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004931

BorgWarner Secures Two Additional High-Voltage Coolant Heater Technology Wins

High-Voltage Coolant Heater (HVCH) enables improved battery performance, longer range, faster charging speed and comfortable cabin climate The cost-effective solution features a compact and modular design, high thermal power density and fast response time Addresses 800V vehicles AUBURN HILL, Mich., Aug. 3, 2022 /PRNewswire/ — BorgWarner, a global leader in delivering innovative and sustainable mobility solutions… Continue reading BorgWarner Secures Two Additional High-Voltage Coolant Heater Technology Wins

First BorgWarner Fast Charging Stations Installed in Italy

Offers high-speed charging, ease of use and longevity Two charging points in one fast charging station optimizes space and installation costs Robust solution allows for easy maintenance and reliable operation AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ — The first units of BorgWarner’s new fast-charging station, Iperion-120, have been installed by the Italian service provider Route220… Continue reading First BorgWarner Fast Charging Stations Installed in Italy

One Network Enterprises Enhances Automated Intelligence and Machine Learning to Improve End-to-End Supply Chain Planning

One Network’s latest release further extends its planning suite with smart prescriptions, autonomous decision-making, and adaptive workflow integration. DALLAS, Aug. 3, 2022 /PRNewswire/ — One Network Enterprises (ONE), the leading global provider of intelligent control towers and the AI-driven Digital Supply Chain Network™, is pleased to announce significant advancements to the NEO Platform’s supply chain planning capabilities.… Continue reading One Network Enterprises Enhances Automated Intelligence and Machine Learning to Improve End-to-End Supply Chain Planning

BWH Hotel Group® Makes Oracle OPERA Cloud Available to All Hotels

With new central reservation system integration, Best Western® Hotels & Resorts and SureStay Hotel Group® brands can use Oracle Hospitality’s cloud-based PMS to improve hotel operations and guest service AUSTIN, Texas, Aug. 3, 2022 /PRNewswire/ — BWH Hotel Group, one of the world’s largest hotel companies, is the first to integrate its central reservation system (CRS) with Oracle… Continue reading BWH Hotel Group® Makes Oracle OPERA Cloud Available to All Hotels

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004928

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004928

Dana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance

Key Highlights Sales of $2.59 billion, an increase of $381 million Net income attributable to Dana of $8 million Diluted EPS of $0.06 Adjusted EBITDA of $162 million Diluted adjusted EPS of $0.08 Free cash flow of $167 million, an increase of $180 million MAUMEE, Ohio, August 3, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN)… Continue reading Dana Incorporated Reports Second-quarter 2022 Financial Results, Generates Strong Free Cash Flow and Maintains Sales Guidance