Paris (ots/PRNewswire) - Valeo (OTC: VlEEY)today announced that it is in negotiation with Leoni regarding the possible sale of its wiring harness activity, Valeo Connective Systems, which generated sales of 545 million euros and an EBITDA of 36 million euros in 2006. It employed 11,700 people at 12 industrial sites, including 9 in cost-competitive countries at 30 June 2007. Subject to consultation of the employee ...
RUEIL- MALMAISON, France, August 30 (ots/PRNewswire) - - Founding of the Geogreen Company by Three Major Players in the Field IFP, Géostock and BRGM are announcing the creation of a joint company, Geogreen, specializing in engineering services for the transport and geological storage of CO2. These three leading French players are pooling their skills in order to position the company in the world market for the geological storage of CO2 and thereby contribute to ...
Tokyo (ots/PRNewswire) - - Kyushu Plant Joins Sunderland Plant as a New Source for Crossover Nissan Motor Co., Ltd. today announced that it will expand the production of its popular Qashqai/Dualis mid-size crossover, adding new capacity at the Kyushu plant in Japan to meet high local demand and freeing up more capacity at its Sunderland plant in the UK for European sales . Production of the Dualis (Japan market ...
Trappes, France (ots/PRNewswire) - - Mixim, an Electric-Powered Concept Car - Micra Colour + Concept, a Showcase for "Liquid Metal" Paint Effect - Newly Revised Micra At this year's 62nd Frankfurt Motor Show, Nissan will be showing an all new concept car, a one-off show car based on an existing model and a heavily revised production car. (Photo: http://www.newscom.com/cgi-bin/prnh/20070829/271053-a ...
Hoofddorp, The Netherlands (ots/PRNewswire) - - Second Quarter of Strong Results CEVA Group Plc released its Quarter 2, 2007 interim financial statements today. These statements include the following highlights: - Revenue growth of 3% between Q2 2007 and Q2 2006 - Operating income grew to EUR27.3 million from EUR16.5 million in Q2 2006 - EBITDA increased to EUR54.8 million from EUR36.1 million in ...
Hoofddorp, The Netherlands (ots/PRNewswire) - - Second Quarter of Strong Results CEVA Group Plc released its Quarter 2, 2007 interim financial statements today. These statements include the following highlights: - Revenue growth of 3% between Q2 2007 and Q2 2006 - Operating income grew to EUR27.3 million from EUR16.5 million in Q2 2006 - EBITDA increased to EUR54.8 million from EUR36.1 million in ...
Tokyo (ots/PRNewswire) - Nissan Motor Co. announced today that it will phase in fuel-efficiency meters on all new models to promote awareness of more economical driving habits. The move is part of the company's overall efforts to launch a wide range of environmental technologies under its mid-term environmental action plan: Nissan Green Program 2010. This new feature will also be introduced on existing models to ...
Rolle, Switzerland (ots/PRNewswire) - - EX Revealed 16 August at the 2007 Pebble Beach Concours d'Elegance - Innovative Coupe Crossover Concept - Standard 'ATTESA E-TS' All-Wheel Drive - Powered by a 3.5-litre 290hp V6 (US Specification) - First Introduction of the Advanced Around View Monitor System - To be Launched Progressively Across Europe Starting From Autumn 2008 Together With the G ...
Trappes, France (ots/PRNewswire) - - TIIDA to be Launched in Germany, Spain, Switzerland, Austria and Portugal - On Sale From January 2008 - Four and Five Door Models, Three Engines (Two Petrol, One Diesel) Nissan Europe announced today that it will introduce the TIIDA model to a further five markets early next year, following its recent selective European launch. As from January 2008, Germany, ...
Trappes, France (ots/PRNewswire) - In the news release, "Nissan Reports July Sales in Europe" issued on 8 Aug 2007 15:11 GMT, by Nissan Europe Bloomberg:NISS@FP over PR Newswire, we are advised by a representative of the company that the second point in the third paragraph should read: - Navara performed well across Europe and was the leader of the pick-up segment across many markets including Spain with 28.4% ...
Trappes, France (ots/PRNewswire) - Nissan Europe reported total sales of 48,100 vehicles (i) in July 2007, an increase of 8.6% compared to the same month last year. This is the fourth consecutive month this fiscal year in which Nissan sales in Europe have been higher year-on-year. The strongest performers were the UK, France, Netherlands, Russia, central and eastern Europe, Belgium plus some independent markets. ...
Tokyo (ots/PRNewswire) - Nissan Motor Co., Ltd. has developed an innovative "pop-up engine hood" to help reduce head impact injuries in the event of a pedestrian collision. The new safety feature will debut on the new Skyline coupe, set for release this fall in Japan. (Photo: http://www.newscom.com/cgi-bin/prnh/20070802/267964 ) The concept of the pop-up hood is based on a very simple principle: to help ...
Paris (ots/PRNewswire) - Valeo announced today that it has completed the acquisition of Connaught Electronics Ltd. (CEL), an Irish producer of vehicle electronics. This acquisition strengthens Valeo's Driving Assistance Domain through the extension of its line of camera-based vision solutions for low-speed maneuvering. Headquartered in Tuam near Galway in ...
Paris (ots/PRNewswire) - The Board of Directors, which met today, approved the summarized consolidated accounts for the first half 2007. In millions of euros(X) 1st half Quarterly variation 2007 2007 2006 Change 2nd quarter 1st quarter Total operating revenues 5,286 5,309 -0.4% 2,646 2,640 Gross margin 810 835 -3.0% 414 396 % of ...
Paris (ots/PRNewswire) - Valeo announced today that it has created a joint venture for the production of alternators and starter motors with N.K. Minda Group, a leading manufacturer of automotive systems in India. The new company, called Valeo Minda Electrical Systems India Private Limited, will be 66.7% owned ...
Tokyo (ots/PRNewswire) - - Global Vehicle Sales up 5.9% on Demand for New Product Nissan Motor Co., Ltd., today announced that consolidated net income after tax totaled 92.3 billion yen (US $764 million, euro 566 million) in the first quarter of fiscal year 2007, ending March 31, 2008, down 16.2% compared with the same period a year ago. The drop in net ...
London (ots/PRNewswire) - - New Products and Expansion to Drive Growth Nissan Motor Co., Ltd., today announced plans to grow its light commercial vehicle (LCV) business in Europe by 2010 by introducing new products and expanding into new markets. "Nissan has a long tradition in the European LCV sector and plays a key role in important markets like Spain, Italy, France and the UK," said Brian Carolin, senior ...
London (ots/PRNewswire) - Nissan Motor Co., Ltd., has today revealed a highly innovative small van concept at Nissan Design Europe (NDE). Called NV200 and due to be given its worldwide debut at the Tokyo Motor Show in October, the concept turns conventional light commercial design inside out... literally. Its most striking feature is a storage pod which extends from the van's load area when the vehicle is parked. As the pod is deployed, the now empty load bay is ...
Trappes, France (ots/PRNewswire) - Nissan Motor Co., Ltd., today announced the official opening of a state-of-the-art field quality centre (FQC) at the Nissan Technical Centre Europe located in Cranfield, Bedfordshire in the UK. Photo: http://www.newscom.com/cgi-bin/prnh/20070711/264680 The new facility, which was built at a cost of 4.5 million euros (US$6.13 million(i)), will play a leading role for product ...
St. Petersburg, Russia (ots/PRNewswire) - Nissan Motor Co., Ltd. today announced the start of construction of its new US$200 million vehicle assembly plant in St. Petersburg, which is due to open in early 2009. Carlos Tavares, executive vice president of corporate strategy, product planning & design at Nissan, called the new plant "the next significant step ...
Paris (ots/PRNewswire) - In line with the timetable given in its press release of 15 May 2007, Valeo (OTC: VLEEY) indicates that the process of examining the indications of interest received from investment funds has been completed without an acceptable offer being made within the defined timeframe. In line with the wishes of its shareholders, as widely ...
Thalwil (ots) - u-blox AG, the leading Swiss provider of GPS receiver technology, today announced the free provision of AssistNow(r) A-GPS services. AssistNow is an off-the-shelf A-GPS service that boosts a GPS receiver's performance, allowing it to compute a position almost instantly, even in difficult signal environments. A-GPS benefits all GPS-enabled applications, especially those that require "always-on" ...
Trappes, France (ots/PRNewswire) - Bryan Barr has been appointed by Nissan Europe as its new vice president of finance, replacing Peter Dickey who moves into the role of Director of business development. (Photo: http://www.newscom.com/cgi-bin/prnh/20070605/259777 ) In this senior role, Barr will oversee all areas of finance, including financial planning, ...
Hoofddorp, The Netherlands (ots/PRNewswire) - - Strong Business Performance in all Segments CEVA Group Plc, the leading global pure play contract logistics company, released its first quarterly statements today since achieving independence from TNT N.V. on November 4, 2006. These statements represent a further milestone in the company's history and include the following highlights: - Stable revenue ...
Hoofddorp, The Netherlands (ots/PRNewswire) - CEVA Group Plc, the leading global pure play contract logistics company released its first annual report today, following its acquisition by Apollo Management L.P. on November 4, 2006. These statements represent a major milestone in the company's history and include ...
Trappes, France (ots/PRNewswire) - - Receives Record Points for Adult Occupant Protection Nissan Motor Co.'s popular new QASHQAI model has been awarded the maximum five-star rating for adult occupant protection from the European New Car Assessment Programme (Euro NCAP), with the highest ever recorded score for any vehicle. QASHQAI was awarded 36.83 points out of a maximum 37 points by the independent crash ...
Paris (ots/PRNewswire) - Valeo's Annual General Shareholders' Meeting (AGM) was held today under the chairmanship of Thierry Morin, Valeo Chairman & CEO, and was followed by a Board meeting. 2006 results and outlook The AGM approved Valeo's 2006 accounts which were published on February 12th 2007. In 2006, the Valeo Group, compared with most of its competitors, was able to better weather the steep rise in ...
Sunderland, England (ots/PRNewswire) - Nissan's Sunderland Plant has started exporting its second model to Japan in the space of just ten weeks. In March, QASHQAI became the first Sunderland-built model in over a decade to be exported back to Nissan's home market. Now, the plant's Micra C+C convertible will join it on dealer forecourts across the country. Although Japanese motorists have been driving the ...
Paris (ots/PRNewswire) - Valeo states that it is continuing the process of examining the indications of interest received from investment funds, in particular with one fund, and that this process should be completed during the month of June. Should this process lead to an offer that the Board of Directors considers acceptable, or the process be terminated, Valeo will inform the market immediately. Valeo is an ...
Paris, France (ots/PRNewswire) - Valeo announced today that two leading independent proxy voting advisors, ISS and Glass Lewis had recommended that Valeo shareholders vote against the resolutions proposed by Pardus for eight Valeo Board members at the Annual General Meeting to be held on 21 May 2007. They also ...