Post Tagged with: "increases"

Successful EU Research Project: MotorBrain Increases Range and Safety of Electric Vehicles

Successful EU Research Project: MotorBrain Increases Range and Safety of Electric Vehicles

30 European partners are carrying out basic research on electric drive systems Electric drives are to become significantly smaller and lighter Main focus lies on integration of electronics and more safety To design smaller, lighter, safer, and more efficient electric drives — with these objectives, researchers from nine European countries commenced the MotorBrain project, funded by the European Union, three[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…]