Fri, Jan 29, 2021 09:56 CET Kongsberg Automotive expects revenues for the last quarter Q4 2020 of approx. MEUR 299, an adj. EBIT of approx. MEUR 23 and a negative free cash flow of MEUR 6. New Business Wins amount to MEUR 87 annualized revenues, and MEUR 471 lifetime revenues. 2019 Q4 revenues were MEUR… Continue reading Kongsberg Automotive Trading Update Q4 2020
Tag: Manufacturing
Eaton Signs Agreement to Acquire Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas
TipRanks Time to Turn Bullish on These 2 Oil Stocks, Says Raymond James We are entering a new paradigm for the oil and gas industry, one far removed from the Trump Presidency’s pro-drilling policies. The Biden Admin is likely to cut back on oil and gas production in the US, in favor of promoting renewable… Continue reading Eaton Signs Agreement to Acquire Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas
New Toyota tech unit promises world’s safest drive
By Eimi Yamamitsu 3 Min Read FILE PHOTO: The logo of Toyota carmaker is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo TOKYO (Reuters) – Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world’s “safest mobility” as competition… Continue reading New Toyota tech unit promises world’s safest drive
@Tata-JLR: RANGE STORMER CONCEPT, FROM LAND ROVER
Range Stormer is a high performance, sport tourer SUV concept car, which showcases a future design direction for Land Rover and the company’s increasingly bold approach to new technologies. It is also the first-ever Land Rover concept to preview a new production model, one that will enter a fresh market segment for the company. This… Continue reading @Tata-JLR: RANGE STORMER CONCEPT, FROM LAND ROVER
TI Fluid Systems Launches Innovative HEV Plastic Fuel Tank Technology With Volkswagen
AUBURN HILLS, Mich., Jan. 29, 2021 /PRNewswire/ — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid electric vehicle (HEV) vehicle. This plastic fuel tank recently launched… Continue reading TI Fluid Systems Launches Innovative HEV Plastic Fuel Tank Technology With Volkswagen
@Daimler: Personnel changes in the Mercedes-Benz Trucks production network: Sven Gräble takes over from Gerald Jank
Sven Gräble will take over as Head of Mercedes-Benz Trucks Operations at Daimler Truck AG and will thus be responsible for the global production network of Mercedes-Benz Trucks. In this role, he succeeds Gerald Jank, who will retire on January 31, 2021, after more than 32 years with the company. In the global production network… Continue reading @Daimler: Personnel changes in the Mercedes-Benz Trucks production network: Sven Gräble takes over from Gerald Jank
Toyoda Gosei to Establish New Plant for Interiors and Exteriors in Miyagi, Japan
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd.’s production subsidiary in eastern Japan, Toyoda Gosei East Japan Co., Ltd., is establishing a new plant in Ohira, Kurokawa-gun, Miyagi, where its main customer, Toyota Motor East Japan, Inc., is located. This will enhance Toyoda Gosei’s production capacity in the Tohoku region. Construction of the plant will begin in… Continue reading Toyoda Gosei to Establish New Plant for Interiors and Exteriors in Miyagi, Japan
Honeywell Overdelivers On Sales, Announces Four Acquisitions In The Fourth Quarter; Issues 2021 Guidance
CHARLOTTE, N.C., Jan. 29, 2021 /PRNewswire/ — Honeywell (NYSE: HON) today announced results for the fourth quarter and full year 2020 that exceeded investor expectations, as well as its outlook for 2021. The company reported a fourth-quarter year-over-year sales decline of 6%, down 7% on an organic basis, and a full-year sales decline of 11%… Continue reading Honeywell Overdelivers On Sales, Announces Four Acquisitions In The Fourth Quarter; Issues 2021 Guidance
Tesla Roadster production delayed to 2022
Tesla CEO Elon Musk says production for the company’s upcoming Roadster isn’t due to begin until “next year,” roughly two years after the car was initially set to enter production. Tesla announced its $200,000 Roadster back in 2017, when Musk said the car would start being built in 2020. In a tweet, Musk suggested that… Continue reading Tesla Roadster production delayed to 2022
@Tata-JLR: JAGUAR LAND ROVER REPORTS STRONG PROFIT AND CASH FLOW FOR THIRD QUARTER OF FISCAL 2020/21
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest premium automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS STRONG PROFIT AND CASH FLOW FOR THIRD QUARTER OF FISCAL 2020/21