Newscast

Kenworth Class 8 Trucks available for order with Spicer AdvanTEK 40 Tandem Axle

Kenworth Class 8 Trucks available for order with Spicer AdvanTEK 40 Tandem Axle

Kenworth has added Dana’s Spicer® AdvanTEK® 40 tandem axle for new Class 8 pickup and delivery, regional haul and linehaul trucks equipped with the Kenworth AG380 or AG400L suspension. “The Spicer AdvanTEK 40 tandem axle is an excellent, fuel-efficient addition for new Kenworth Class 8 trucks,” said Kurt Swihart, Kenworth marketing director. “The AdvanTEK 40 axle is featured as a[Read More…]

Bosch: Gas-powered cars: CNG is not LPG

Bosch: Gas-powered cars: CNG is not LPG

The operating costs, service station networks, and conversion costs for compressed natural gas and liquefied petroleum gas What are the advantages of gas-powered vehicles? Both CNG and LPG powertrain systems are cheaper and more eco-friendly in cars than diesel or gasoline systems. Their combustion is comparably cleaner, reducing emissions of particulates and nitrogen oxides. Both fuels are also cheaper than gasoline[Read More…]

Goodyear reports record second quarter earnings

– Record second quarter segment operating income of $460 million  – North America second quarter earnings of $208 million, record for any quarter  – Europe, Middle East and Africa second quarter earnings more than double to $117 million – Second quarter tire volumes increase 3%, in line with full-year outlook  – First half segment operating income of $833 million up[Read More…]

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…]

Dürr confirming targets for 2014

Business figures for the 1st half / 2nd quarter of 2014 High order intake in the second quarter EBIT margin of 8.4% in the first half of the year in line with targets 9.4% increase in order backlog since the end of 2013 At the end of the first half of 2014, Dürr is confident of achieving its full-year targets. After a strong[Read More…]

Knorr-Bremse Commercial Vehicle Systems expanding in China

Knorr-Bremse Commercial Vehicle Systems is substantially expanding its commitment to China: On July 25, 2014, Knorr-Bremse Asia Pacific (Holding) Ltd. in Hong Kong and the Chinese company Dongfeng Electronic & Technology Co., Ltd. (DETC) signed an agreement governing the formation of the joint venture company “Knorr-Bremse DETC Commercial Vehicle Braking Technology Co., Ltd.”. The new company, in which Knorr-Bremse holds[Read More…]

Delphi reports second quarter 2014 financial results

Delphi Automotive PLC, a leading global vehicle components manufacturer, has reported second quarter 2014 U.S. GAAP earnings of $1.26 per diluted share. Excluding special items, second quarter earnings increased 15% to $1.42 per diluted share. Second Quarter Highlights Include: Revenue of $4.5 billion, up 5% U.S. GAAP diluted earnings per share of $1.26, up 8% Excluding special items, earnings of[Read More…]

Continental to become provider of Exhaust-Gas-Treatment System: Emitec integrated into Powertrain Division

Continental to become provider of Exhaust-Gas-Treatment System: Emitec integrated into Powertrain Division

Continental acquires 100% ownership of joint venture Emitec and Powertrain Business Unit Fuel Supply will form the new Fuel & Exhaust Management Business Unit Operational structures to remain unchanged; Emitec brand name to continue The international automotive supplier Continental has acquired 100% ownership of the exhaust technologies specialist Emitec. Until now, it was a 50/50 joint venture with Continental and[Read More…]

Continental increases forecast for adjusted EBIT margin to around 11% after good first half-year

Net income rises by 14.2% to €1.3 billion or €6.52 per share Sales grow 2.1% to €16.9 billion after six months EBIT at €1.8 billion Significant reduction of interest burden thanks to improved financing conditions The Continental Corporation is again increasing its earnings forecast for fiscal 2014 after a good first half-year. “We now intend to achieve an adjusted EBIT[Read More…]

MathWorks introduces integrated real-time simulation and testing solution Simulink Real-Time

MathWorks introduces integrated real-time simulation and testing solution Simulink Real-Time

MathWorks, the US headquartered developer of computing software for engineers and scientists, today announced the introduction of Simulink Real-Time into the Simulink product family. Simulink Real-Time enables engineers to build, test, and run real-time applications from Simulink models on dedicated target computer hardware connected to their physical systems, providing a complete end-to-end real-time simulation and testing solution. Combining the functionality[Read More…]