BERLIN, June 14 (Reuters) – Volkswagen’s (VOWG_p.DE) passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026 to hit its return on sales target of 6.5%, Chief Financial Officer Arno Antlitz posted on LinkedIn on Wednesday. Production of vehicles in the passenger car brand, Commercial Vehicles, SEAT, Cupra and… Continue reading Volkswagen passenger cars targeting 10 bln euros higher earnings via cost cuts
Tag: Strategy
German Handelsblatt: Volkswagen: Core brand VW wants to make ten billion euros more profit by 2026007070
Production of the ID.3 The VW brand should have a return of 6.5 percent by 2026. (Photo: IMAGO/Sylvio Dittrich) The car manufacturer Volkswagen wants to increase operating profit by ten billion euros by 2026 and achieve a return of 6.5 percent. This was announced by brand boss Thomas Schäfer on Wednesday at the works meeting… Continue reading German Handelsblatt: Volkswagen: Core brand VW wants to make ten billion euros more profit by 2026007070
VivaTech 2023 – Stand E40 Hall 1 Valeo and Equans sign a partnership to meet the challenges of…
Valeo Group | 14 Jun, 2023 | 3 min On June 14, 2023, at VivaTech 2023 in Paris, Valeo, world leader in mobility solutions, and Equans, world leader in the energy and services sector, signed a partnership to work together to prepare an intelligent, safe and low-carbon city of the future. At a time when… Continue reading VivaTech 2023 – Stand E40 Hall 1 Valeo and Equans sign a partnership to meet the challenges of…
European Political Summit highlights ongoing revolution in Moldovan wine
CHISINAU, Moldova, June 12, 2023 /PRNewswire/ — Moldova’s dynamic and growing wine industry played a key role in the second edition of the European Political Summit, held on June 1st. Over 500 international journalists joined 47 delegates from across Europe at the magnificent Mimi Castle in Bulboaca – a Moldovan winery connecting beauty, authenticity, and… Continue reading European Political Summit highlights ongoing revolution in Moldovan wine
Plusgrade and EVA Air Announce Multi-Year Partnership, Giving Passengers the Chance to Upgrade to Higher Cabin Classes on Flights
Plusgrade and EVA Air announce an expanded partnership that enables passengers to upgrade to a higher cabin class on EVA Air flights across the globe. This is a significant partnership for Plusgrade as they expand upon their ancillary revenue solutions and their loyalty business unit’s existing partnership with EVA Air’s loyalty program, Infinity MileageLands. With… Continue reading Plusgrade and EVA Air Announce Multi-Year Partnership, Giving Passengers the Chance to Upgrade to Higher Cabin Classes on Flights
Francesca Tagliani to bring 20 years’ technological experience to the executive board of DIGITALEUROPE
A global outlook will help shape regional evolution in the digital space. MILAN, June 12, 2023 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that Francesca Tagliani, its commercial director – global distributors partnership, has been elected to the executive board of DIGITALEUROPE. Continue… Continue reading Francesca Tagliani to bring 20 years’ technological experience to the executive board of DIGITALEUROPE
Autoliv hosts Investor Day – reiterates financial targets
AUBURN HILLS, Mich., June 12, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, will host an Investor Day today. Throughout the day, members of Autoliv management will outline the Company’s strategy, growth opportunities, financial plans and targets as well as its contribution to sustainable mobility. Autoliv reiterates its… Continue reading Autoliv hosts Investor Day – reiterates financial targets
BorgWarner Announces Anticipated Completion Date of PHINIA Spin-Off
AUBURN HILLS, Mich., June 14, 2023 /PRNewswire/ — BorgWarner today announced that it expects to complete the spin-off of PHINIA at the end of the day on July 3, 2023, as outlined in PHINIA’s final information statement filing with the Securities and Exchange Commission. PHINIA common stock will be traded on the New York Stock… Continue reading BorgWarner Announces Anticipated Completion Date of PHINIA Spin-Off
Hillcrest Completes Design of EV Industry’s First ZVS-enabled Power Module
Hillcrest ZVS-enabled power modules are expected to offer new levels of power density, system efficiency, performance and reliability for EV applications up to 1,000 volts Potential to reduce or even eliminate the need for EMI filters and shielding could save manufacturers hundreds of dollars per vehicle and reduce the overall weight of the powertrain VANCOUVER,… Continue reading Hillcrest Completes Design of EV Industry’s First ZVS-enabled Power Module
COMSovereign and Vercom Inc. Deploy Fastback Intelligent Backhaul Radios to Rapidly Restore Wireless Network Services After Outage
Industry-Leading Wireless Reliability and Performance for Public and Private Networks Driven by Fastback’s Artificial Intelligence and Extreme Interference Protection Technologies TUCSON, Ariz., June 14, 2023 /PRNewswire/ — COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) (“COMSovereign” or the “Company”), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions and Vercom Inc. (“Vercom”),… Continue reading COMSovereign and Vercom Inc. Deploy Fastback Intelligent Backhaul Radios to Rapidly Restore Wireless Network Services After Outage