• Reported Earnings per Share of $1.89, Up 11%; Excluding Separation Costs, EPS of $1.95, Up 14%• Reported Sales Up 9%; Organic Sales Up 5% Driven by Aerospace, Intelligrated, and Process Solutions• Operating Cash Flow of $1.1 Billion and Free Cash Flow1 (Excl. Separation Costs) of $1.0 Billion, Up 30%• Deployed Nearly $950 Million in Capital… Continue reading Honeywell Delivers Outstanding First-Quarter Results Driven By Strong Sales Performance Raises 2018 Guidance
Tag: Financial Results
How Renault has climbed the slope in Russia
Carlos Ghosn has no doubt: Russia will be his “cash machine”. Audacious, the bet has almost failed to weaken the boss of Renault and the accounts of the manufacturer. “When I came here two years ago, it was extremely difficult,” recalls Nicolas Maure, the French sent in 2016 by the Parisian management with the approval… Continue reading How Renault has climbed the slope in Russia
PSA Group demanded 3,700 job cuts in Germany: Opel works council chief
Opel, which PSA bought from General Motors for $2.6 billion, has made losses for almost 20 years, and Tavares has been frustrated in his bid to cut high production costs. FRANKFURT: PSA Group has demanded 3,700 staff cuts by 2020 in Germany and a process of buyouts and early retirement has already resulted in a… Continue reading PSA Group demanded 3,700 job cuts in Germany: Opel works council chief
GM Korea talks to stave off bankruptcy extended to Monday
Rep. Hong Young-pyo from the ruling Democratic Party and GM Executive Vice President Barry Engle shake hands prior to their talks on how to resuscitate the ailing carmaker GM Korea at a restaurant in Seoul, South Korea, April 17, 2018. (Photo: YONHAP/EPA-EFE/REX/Shutterstock) General Motors has agreed to give negotiators a few more days as they try to… Continue reading GM Korea talks to stave off bankruptcy extended to Monday
Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
Andy Palmer: “In powertrain technology, we want to keep complete control over our V12 engine, and we want to keep control of the electrical motor because we think this is important going forward.” Andy Palmer, CEO of Aston Martin reveals how the British sports car maker aims to be the first luxury car maker to… Continue reading Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
What if the Renault Foundation invested in your project?
Friday 20 April 2018 by Rachida Badri – CSR Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest After having worked for more than 15 years in training and education, the Renault Foundation is adding a new string to its bow: that of sponsorship. Are you a general-interest association? Do… Continue reading What if the Renault Foundation invested in your project?
General Motors Korea fails to reach wage deal, edging closer to bankruptcy filing
General Motors’ loss-making South Korean unit and its labour union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit. GM Korea held a board meeting on Friday evening to discuss filing for a court-led rehabilitation but it delayed a decision until… Continue reading General Motors Korea fails to reach wage deal, edging closer to bankruptcy filing
UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
SEOUL (Reuters) – General Motors’ (GM.N) loss-making South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit. FILE PHOTO: An employee works at an assembly line of GM Korea’s Bupyeong plant in Incheon, South Korea… Continue reading UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
FRANKFURT (Reuters) – PSA Group (PEUP.PA) wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel’s works council chief said on Friday. “Around 2,000 have already agreed to leave, and we will likely see a… Continue reading UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
Baby SUVs to spearhead new Land Rover offensive
Land Rover is readying a raft of new models over the next four years that will take it into new sectors and will culminate in the launch of a model that revives the spirit of the original Freelander. The diverse new cars, which also include a £250,000 (Rs 2.3 crore) Range Rover coupé, a Defender pick-up truck… Continue reading Baby SUVs to spearhead new Land Rover offensive