Exhibition space at capacity Popularity of fringe programme continues among exhibitors and visitors Automechanika Shanghai 2014, Asia’s largest trade show for automotive parts, accessories, equipment and services, will open on 9 December at the Shanghai New International Expo Centre, with record exhibitor numbers. The total number of exhibitors stands at 4,906, a six percent increase on last year’s[Read More…]
Record third quarter segment operating income of $520 million, up 21% Record North America third quarter earnings up 30% to $210 million Europe, Middle East and Africa third quarter earnings up 57% to $181 million Year-to-date segment operating income of $1.4 billion, up 17% Company expects 2014 earnings growth near high end of 10% – 15% range Company reaffirms 2014-2016[Read More…]
Financial performance Sales of $2.04 billion ($1.78 billion excluding discontinued operations) Record quarterly adjusted EBITDA of $193 million ($175 million excluding discontinued operations) Cash from operations of $31 million Continued progress under comprehensive shareholder value creation plan Reached agreement to sell majority of interiors business Completed acquisition of Johnson Controls’ electronics business on July 1 Completed HVCC acquisition of thermal[Read More…]
– 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…]
Hero MotoCorp Limited (HMCL), the world’s largest two-wheeler manufacturer, has reported record sales for the fourth quarter (January-March 2014). Riding on its highest-ever quarterly sales of 15,89,462 units of two-wheeler for the period, the company’s total turnover (Net Sales & other Operating Income) in the quarter grew to Rs 6512.96 crore, a growth of 6% over Rs 6145.75 crore recorded[Read More…]
