Navistar opens new parts distribution centre in Memphis

Navistar opens new parts distribution centre in Memphis

The doors of Navistar International Corporation’s latest parts distribution centre (PDC) will open Monday, August 26 in Olive Branch, Mississippi to help cater to the growing demand for parts and quicker maintenance turnaround times.

Magna announces second quarter results

Magna announces second quarter results

Magna International Inc. has reported financial results for the second quarter ended June 30, 2019.

Schaeffler's H1 revenues grow marginally y/y to $8.2 billion

Schaeffler's H1 revenues grow marginally y/y to $8.2 billion

Having issued preliminary figures for the second quarter on July 29, 2019, global automotive and industrial supplier Schaeffler has presented its interim report for the first half of 2019.

Supplier ElringKlinger's Q2 revenue growth of 0.8% y/y - $493.4 million

Supplier ElringKlinger's Q2 revenue growth of 0.8% y/y - $493.4 million

ElringKlinger AG saw another slight increase in revenue over the course of the first half of 2019. Operating within a contracting market, the Group recorded revenue growth of 0.8% in the second quarter of 2019, taking the figure to EUR 434.1 million.

2019 Altair Enlighten Award winners announced

2019 Altair Enlighten Award winners announced

Altair, the global product development, high-performance computing and data intelligence company,has announced the winners of the 7th annual Altair Enlighten Award.

Rehau expands plant in Jevíčko, Czech Republic

Rehau expands plant in Jevíčko, Czech Republic

REHAU is investing around €6.8 million ($7.6 million) in the expansion of its plant in Jevíčko, Czech Republic.

Textron ponders the future of Kautex subsidiary

Textron ponders the future of Kautex subsidiary

Textron Inc. has announced that it is reviewing strategic alternatives for its Kautex business unit, which produces fuel systems and other functional components.

HELLA achieves annual targets with strong preliminary figures for 2018/2019

HELLA achieves annual targets with strong preliminary figures for 2018/2019

On the basis of preliminary figures, HELLA, the globally positioned automotive supplier has closed the fiscal year 2018/2019 (1 June 2018 to 31 May 2019) with a sales and earnings increase.