Post Tagged with: "year"

100 Years ZF Friedrichshafen AG: Global Group in Its Anniversary Year

100 Years ZF Friedrichshafen AG: Global Group in Its Anniversary Year

2015 marks the 100th anniversary of the foundation of ZF Friedrichshafen AG Entrepreneurial development from a supplier specialized on aviation technology to a globally-active technology company All employees involved in global anniversary activities Positive prospect: Enhanced Group can serve mobility megatrends Calendar year 2015 will herald the start of an important anniversary year for ZF: One hundred years ago, in[Read More…]

by January 5, 2015 Globescan, News, Web Exclusive

DENSO announces first-quarter financial results for fiscal year ending June 30, 2014

DENSO Corporation has announced its global financial results for the first quarter ending June 30, 2014: Consolidated net sales totaled 1,029.1 billion yen (US$10.2 billion), a 3.2 percent increase from the previous year. Consolidated operating income totaled 85.1 billion yen (US$839.1 million), a 16.7 percent decrease from the previous year. Consolidated net income totaled 68.8 billion yen (US$678.7 million), a[Read More…]

by August 3, 2014 Finance, Globescan, News, Web Exclusive

Meritor reports third-quarter fiscal year 2014 results

Meritor, Inc., has reported financial results for its third fiscal quarter ended June 30, 2014. Third-Quarter Highlights Sales were $986 million, down $7 million from the same period last year. Net income on a GAAP basis was $234 million, compared to a net loss of $38 million, in the same period last year. Net income included $209 million from the antitrust[Read More…]

by August 3, 2014 Globescan
Cummins recognised by Chrysler as a Supplier of the Year

Cummins recognised by Chrysler as a Supplier of the Year

Cummins Inc. was recognised by Chrysler Group as one of the 2013 Supplier’s of the Year during the company’s 2014 Annual Strategy Meeting and Supplier Awards Ceremony on June 24held at the Palace of Auburn Hills in Auburn Hills, Michigan. Of the 18 awards given to top suppliers for their extraordinary performance in 2013, Cummins was recognised in two categories, marking the first time Cummins has received[Read More…]

by July 10, 2014 Globescan, News, Web Exclusive
BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President and Chief Executive Officer James R Verrier was honored as an EY Entrepreneur Of The Year 2014 winner in the automotive category in the Michigan and Northwest Ohio region during a ceremony held recently in Detroit. Selected by an independent panel of judges made up of previous award winners such as leading CEOs, private capital investors and other[Read More…]

by July 10, 2014 Events, Globescan, News, Web Exclusive
Corrosion corrodes 6% of India’s GDP every year

Corrosion corrodes 6% of India’s GDP every year

 India is struggling to increase its GDP by a few decimal points, but it can be shocking to know that 3% of the GDP eroded in corrosion every year, said Dr Baldev Raj, President – Research, PSG Institutions. The quantum of loss on account of corrosion is equal to the revenue contributed by the Indian Railways to the exchequer.  Delivering[Read More…]

Bosch starts new year with strong sales growth in every business sector

Bosch starts new year with strong sales growth in every business sector

 The Bosch Group has started the new year with a good increase in sales. In the first quarter, sales grew by roughly 7%. After adjusting for exchange-rate effects, the increase was roughly 10%. For the current fiscal year, the global provider of technology and services expects its sales to grow 3 to 5%. “We continue to move forward with our[Read More…]

by April 30, 2014 Finance, Globescan, News, Web Exclusive