MAUMEE, Ohio, Feb. 13, 2018 /PRNewswire/ — Full-Year Highlights Sales of $7.2 billion, an increase of $1.4 billion, growth of 24 percent Net income attributable to Dana of $111 million; diluted EPS of $0.71, inclusive of $186 million one-time, non-cash charge due to U.S. tax reform Adjusted EBITDA of $835 million, providing a margin of… Continue reading Dana Incorporated Announces Strong 2017 Financial Results, Affirms Significant 2018 Guidance Increase
Tag: Strategy
Gestamp acquires a plant in Brazil to supply Toyota
2.13.2018 Gestamp, the Spanish multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has announced the acquisition of a plant in the city of Sorocaba, in the state of São Paulo (Brazil). Gestamp has signed the acquisition of a plant from the local group Scorpios Indústria… Continue reading Gestamp acquires a plant in Brazil to supply Toyota
PROTON CLARIFIES STATEMENT BY PEKEMA
PRESS PROTON CLARIFIES STATEMENT BY PEKEMA Posted on Feb 13, 2018 Subang Jaya, 12 February 2018– PROTON would like to respond to the article entitled, Pengedar Bumiputera Proton Tertekan that was published on 11 February 2018 by Utusan Malaysia. We would firstly like to thank PEKEMA and its members for highlighting issues faced by its… Continue reading PROTON CLARIFIES STATEMENT BY PEKEMA
PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall
Published 2/13/2018 11:39:42 CET MADRID, 13 Feb. (EUROPA PRESS) – The PSA Group plans to start up a fourth work shift in its Vigo plant in the coming months and a third in the center of Mangualde (Portugal), in order to respond to the commercial demand of the new ‘ludospace’ models of the Peugeot, Citroën… Continue reading PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall
E-mobility: BMW relies on hybrid and electric cars
Hybrid BMW Heavyweights such as GM, Ford, VW or Daimler have announced a variety of e-models. BMW wants to be a leader in this field in the endurance competition of the upper-class providers. (Photo: AP) The worldwide growing demand for electric and hybrid cars should BMW 2018 will bring significant growth in this segment. The… Continue reading E-mobility: BMW relies on hybrid and electric cars
GM to shut one South Korea plant, decide on fate of others within weeks
DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks
Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Forerunner and historical leader of the leisure activity vehicle (LAV) segment in Europe, Groupe PSA (Paris:UG) intends to consolidate its leadership by giving its line-up a new dimension with three latest-generation models designed for very different brand environments. The new line-up stems from a single development programme aimed at increasing the… Continue reading Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands
BMW Group achieves best-ever January
Munich. Following its seventh consecutive year of record sales, the world’s number one manufacturer of premium vehicles started 2018 with another record: the BMW Group has never sold so many cars in January as in this year. A total of 169,538 customers took delivery of a BMW, MINI or Rolls-Royce premium vehicle, an increase of… Continue reading BMW Group achieves best-ever January
PSA and Opel make common van
This is undoubtedly the first episode of a long Franco-German series. PSA will launch this year the production of stamped vans Peugeot, Citroën, Opel or Vauxhall. The new versions of the Partner, Berlingot and Combo will be assembled from the second half of the year in Vigo, Spain, and Mangualde, Portugal – two newly renovated… Continue reading PSA and Opel make common van
Record Growth and Profit for Morgan Motor Company
Morgan Motor Company has today announced record profitability and growth as it continues to roll out a long-term strategy plan under the guidance of Chairman Dominic Riley, Managing Director Steve Morris and family shareholders – keeping up the positive momentum in the family owned business. Year-end financial reports released today announce record growth from the… Continue reading Record Growth and Profit for Morgan Motor Company