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Tag: Financial Results
Nissan cuts profit forecast as stronger yen hits turnround plan
Downward revision bigger than forecast and puts pressure on incoming new chief executive Go to Source
Continental Delivers Solid Operational Performance in Weak Market Environment
Sales up 3 percent in the third quarter to €11.1 billion (down 0.3 percent organically) Adjusted EBIT of €615 million (margin: 5.6 percent) Net income in the third quarter of -€1.99 billion due to previously announced one-time effects from goodwill impairment and provisions Adjusted targets for the year as a whole confirmed CEO Dr. Degenhart:… Continue reading Continental Delivers Solid Operational Performance in Weak Market Environment
Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMW
India’s largest conglomerate has said it’s open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles. By Siddharth Philip, P R Sanjai, Zhang Dingmin and Elisabeth Behrmann Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding Group Co. and… Continue reading Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMW
Introducing ‘Shifting Gears’: Business Insider’s weekly transportation newsletter
Welcome to “Shifting Gears,” Business Insider’s first transportation-focused newsletter In this weekly digest, we’ll be highlighting the latest developments on everything from Uber and Lyft’s battle to turn a profit, Tesla and its eccentric CEO Elon Musk, Boeing’s 737 Max crisis, and more. But we also want to hear from you. What stories are we… Continue reading Introducing ‘Shifting Gears’: Business Insider’s weekly transportation newsletter
China electric-car makers hit by new threat of subsidy cuts
China will gauge demand for EVs before making a decision on whether to cut subsidies for the automobiles again. Shares of Chinese electric-car makers fell in the wake of a Bloomberg News report that said regulators may cut subsidies further on the embattled industry. BYD Co., China’s biggest maker of new energy vehicles, slid 2.8%… Continue reading China electric-car makers hit by new threat of subsidy cuts
Smart Eye to supply driver monitoring system to Japanese carmakers
Swedish AI company Smart Eye has announced that it will deliver Driver Monitoring System (DMS) to a new and existing Japanese car manufacturer. The new OEM is one of Japan’s largest and the second Japanese OEM for Smart Eye, which now cooperates in total with nine OEMs. The company says its technology will be launched… Continue reading Smart Eye to supply driver monitoring system to Japanese carmakers
Adient to discuss Q3 fiscal 2019 financial results on August 6, 2019
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Adient to discuss Q4 fiscal 2019 financial results on Nov. 7, 2019
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Career opportunities without management responsibility: Expert Career at the BMW Group
Munich. The BMW Group’s Expert Career offers highly-qualified employees an attractive development alternative without management responsibility. The international rollout will begin in early November in 40 countries. In parallel with the classic management track, employees following the Expert Career will focus on technical, project or corporate topics without disciplinary responsibility. “The Expert Career offers a… Continue reading Career opportunities without management responsibility: Expert Career at the BMW Group