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: Financial Results
Robot taxis with enormous growth figures
According to a study by TrendForce, robotic taxis show growth of 80 percent per year. What happens when autonomous driving is introduced and the taxis drive by themselves? There have already been some studies, such as the analysis of the loss of jobs, the loss of private cars and more research, Common to all studies,… Continue reading Robot taxis with enormous growth figures
Michelin believes that its plants in Spain “have room to reach their maximum production capacity”
Published 2/13/2018 11:20:20:06 CET PARIS, 13 Feb. (EUROPA PRESS) – The president of Michelin, Jean Dominique Senard, has assured that the factories of the manufacturer of French tires in Spain “still have margin to reach his maximum capacity of production”, underlining that these have a “very important” weight on the attainment of the good ones… Continue reading Michelin believes that its plants in Spain “have room to reach their maximum production capacity”
Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU
All articles and backgrounds 02/13/2018 Tire manufacturer buys a fifth Michelin goes into workshop chain ATU DPA Already in French hands: Now there is next to the French Mobivia with the tire manufacturer Michelin a second French shareholder of the workshop chain ATU The French tire manufacturer Michelin Show stock market chart has invested one… Continue reading Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU
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
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
EV3 Project Update – December 2017
Morgan Motor Company has announced a technical partnership with industry leaders Frazer-Nash Energy Systems as the all-electric Morgan EV3 prepares for production in 2018. The EV3 extends Morgan’s truly unique offering. Industry leading, EV technology combines with a lightweight coach built body to offer an unparalleled mix of craftsmanship and technology. Inspired by 1930’s Aero-engine… Continue reading EV3 Project Update – December 2017
Faurecia Clean Mobility Renames R&D Center in Columbus
COLUMBUS, Ind., Feb. 12, 2018 /PRNewswire/ — Faurecia Clean Mobility (FCM) has changed the name of its Columbus Tech Center to Clean Mobility Crossroads. This rebranding is a continuation of Faurecia’s focus on Smart Life On Board and Sustainable Mobility. The new name was unveiled during a celebration event held both in Columbus, Indiana, and live… Continue reading Faurecia Clean Mobility Renames R&D Center in Columbus
BORGWARNER REPORTS FOURTH QUARTER 2017 U.S. GAAP NET LOSS OF $(0.70) PER BASIC SHARE, or EARNINGS OF $1.07 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS
GM Says Its Driverless Car Could Be in Fleets by Next Year
If approved, the Cruise AVs would probably appear first in San Francisco or Scottsdale, Ariz., where G.M.’s self-driving subsidiary, Cruise Automation, is conducting tests. In San Francisco, the division has set up a ride-hailing service using about 50 Cruise AVs, although the cars are available only for some of its 250 employees, not public customers.… Continue reading GM Says Its Driverless Car Could Be in Fleets by Next Year