Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook

GILLINGHAM, England, Feb. 1, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported full year 2017 U.S. GAAP earnings from continuing operations of $3.81 per diluted share. Excluding special items, 2017 earnings from continuing operations totaled $4.64 per diluted share. Full Year 2017 Highlights Include: Revenue… Continue reading Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook

Adient to discuss Q1 fiscal 2018 financial results on January 29, 2018

PLYMOUTH, Mich., Jan. 3, 2018 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on January 29, 2018 at 8:30 a.m. (ET) to discuss its first quarter fiscal 2018 financial results. The call will be hosted by Adient’s Chairman and Chief Executive Officer, R. Bruce McDonald… Continue reading Adient to discuss Q1 fiscal 2018 financial results on January 29, 2018

Ford China CEO shocks investors with resignation; company officials focus on future

CLOSE We sit down with Jim Hackett, Ford Motor Company’s new CEO, to talk about his new position and the company’s future. Kimberly P. Mitchell/Detroit Free Press Ford China CEO and chairman Jason Luo, who began his job just a few months ago, has resigned. (Photo: Key Safety Systems) Ford China CEO and chairman Jason… Continue reading Ford China CEO shocks investors with resignation; company officials focus on future

Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business

PLYMOUTH, Mich., Jan. 29, 2018 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings. Q1 GAAP net income and EPS diluted of $(216) million and $(2.32), respectively; Q1 adjusted-EPS diluted of $1.06 Q1 Adjusted-EBIT of $163 million (margin of 3.9%) Cash and cash equivalents of $390 million at December… Continue reading Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business

MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS