Tag: Mobility

Daimler Group to be divided into three

The Daimler Board of Management has decided to take the first steps in a major redesign plan: In the future, the car company will consist of three independent divisions. The Stuttgart hopes that more clout against new rivals such as Tesla or Apple. Daimler headquarters in Stuttgart Monday, 16.10.2017 15:27 clock Daimler CEO Dieter Zetsche… Continue reading Daimler Group to be divided into three

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

TriLumina to Demonstrate 3D Solid-State LiDAR using its 3D Sensing VCSEL Illumination Solutions at CES 2018

TriLumina Corp. (www.trilumina.com), the leader in solid-state, back-emitting, low-cost VCSEL illumination modules for LiDAR and 3D sensing, will be demonstrating 3D LiDAR and 3D sensing solutions featuring its breakthrough technology at CES 2018. Albuquerque, NM – December 19, 2017 – At CES 2018, TriLumina will demonstrate multiple use cases for its innovative 940 nm VCSEL… Continue reading TriLumina to Demonstrate 3D Solid-State LiDAR using its 3D Sensing VCSEL Illumination Solutions at CES 2018

Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business

Toyota City, Japan, December 13, 2017-Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announce today an agreement to begin studying the feasibility of a joint automotive prismatic battery business. This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources… Continue reading Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business

Aptiv Opens Boston Technology Center

BOSTON, Dec. 12, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on the development and commercialization of advanced mobility solutions, today announced that it has opened a new technology center in Boston’s Seaport district, expanding the Company’s U.S. engineering footprint and further establishing itself as a leader in the future of mobility.… Continue reading Aptiv Opens Boston Technology Center

Aptiv Announces Dividend

GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, or $0.88 per ordinary share annualized.  The dividend is payable on February 14, 2018, to… Continue reading Aptiv Announces Dividend