Paris, France (ots/PRNewswire) - Valeo today announced that it has signed a Memorandum of Understanding for the sale of its Electrical Motors & Actuators activity to the Japanese group Nidec. The parties expect to be in a position to sign the definitive agreements regarding this project once the employee representative consultation process has been completed. ...
Paris, France (ots/PRNewswire) - Following yesterday's meeting of its Board of Directors, Valeo presented its consolidated accounts for the third quarter 2006. in millions of euros 3rd quarter 9 months (unaudited) 2006 2005(1) Change 2006 2005(1) Change Total operating revenues 2,263 2,332 -3.0% 7,572 7,323 +3.4% Gross margin ...
Mumbai, India (ots/PRNewswire) - - GSM-R Network Contract Largest in India to Date MUMBAI, India, September 19 /PRNewswire/ -- Indian Railways will use wireless railway communications technology from Nortel(x) (NYSE/TSX: NT) to help improve the safety and efficiency on one of the most important and busiest rail arteries in India's most populous state, ...
Luxembourg (ots/PRNewswire) - Gemplus International S.A. (Euronext LU0121706294 - GEM and NASDAQ:GEMP), a world leading player in the secure card industry and a subsidiary of Gemalto N.V. (Euronext NL0000400653 - GTO), announces today that it no longer expects to meet its financial performance outlook for 2006. The Company cited market conditions that will remain challenging and uncertainties in the global economic environment. Because of the level of its integration ...
Consortium and Terma A/S have signed a Memorandum of Understanding, MoU, aiming to pursue areas of mutual interest Halbergsmoos/Lystrup (ots) - The background for the agreement is deliberations by the Danish government on which aircraft to select for the replacement of the F-16 during the coming years. The Eurofighter is among the three candidates for the ...
Moscow (ots/PRNewswire) - - FX and M Debuted, Future Product Range Disclosed, New European Infiniti Headquarters to be Located in Switzerland Infiniti, the luxury division of Nissan, celebrated its official launch in Russia today at the Moscow International Motor Show. The initial line-up of Infiniti vehicles, which go on sale this fall, includes the sporty ...
Paris (ots/PRNewswire) - - Nortel to Provide GSM-R to Algerian SNTF to Improve Efficiency and Safety The Algerian Railways operator SNTF (Société Nationale des Transports Ferroviaires) has selected Nortel(x) (NYSE/TSX: NT) for the first phase of SNTF's national GSM-R project to provide a new wireless communication system that aims to enhance ...
Washington, District of Columbia (ots/PRNewswire) - Gemalto (Euronext NL 0000400653 GTO), a world leader in digital security, announced today that the United States of America Government Printing Office (GPO) placed its first order with the company, following Gemalto's electronic passport technology qualification completion. The GPO and U.S. Department of State evaluated the Gemalto solution at their testing facilities ...
Paris, France (ots/PRNewswire) - The Board of Directors, which met today, approved the summarized consolidated accounts for the first half 2006. In millions of euros(x) 1st half Quarterly variation 2006 2006 2005(xx) Change 2nd quarter 1st quarter(xx) Total operating revenues 5,309 4,991 ...
Paris, France (ots/PRNewswire) - Valeo (OTC: VLEEY) today announced that it has received a Nissan Global Supplier Award for Innovation, recognising the air quality system developed by Valeo Thermal Systems Japan. "It is an honor to receive this award and our automatic intake control system to be recognized for as one of the most innovative products of the year by Nissan", said Valeo's Chairman and CEO Thierry ...
Shanghai, China (ots/PRNewswire) - Valeo today announced the establishment of a new Research and Development centre in Shanghai. This technical centre will design advanced climate control systems for Chinese, Japanese and European car makers. This latest development is part of Valeo's strategy to expand its presence in the fast-growing Chinese automotive market. When fully operational, the new technical centre will ...
Trappes, France (ots/PRNewswire) - Nissan Europe reported total sales of 48,364 vehicles (1) in May 2006, an increase of 1.5% over the same month last year. Year to date Nissan sold 218,294 vehicles in Europe, a decrease of 4.9% compared to the same period last year. Highlights by Country - Nissan in France sold 4,204 units in May, registering a 4.8% decrease compared to last year. Year to date Nissan sold 20,077 units in France, down 1.2% compared to the same ...
Beijing, China (ots/PRNewswire) - - Powering Digital Mobile Signaling and Communications Spanning 20 Provinces China's Ministry of Railways (MOR) and Nortel(x) (NYSE/TSX: NT) have signed a framework agreement for Nortel to provide GSM Railway (GSM-R) switching centers to enable digital mobile signaling and operational communications along passenger lines ...
Paris (ots/PRNewswire) - - Next Generation Models, Premium Ownership Experience Drive New Luxury Entrant Nissan Motor Co. Ltd., today announced that its Infiniti luxury brand will launch across the European market during 2008. The announcement was made in Tokyo by President and CEO, Carlos Ghosn, during a press conference for the 2005 fiscal year results. Launched in the US and Canada in 1989, Infiniti is ...
Moscow (ots/PRNewswire) - Nissan Motor Co., Ltd., today announced plans to invest US$200 million (5.5 billion Rubles) in a new assembly plant in St. Petersburg, Russia. The announcement was made in Tokyo by President and CEO, Carlos Ghosn, during a press conference for the 2005 fiscal year results. Production will begin in 2009. The plan is subject to the approval ...
Paris (ots/PRNewswire) - - Sales up 15.4% - Raw Material Costs Continue to Rise - Operating Income Resists Well Following today's meeting of its Board of Directors, Valeo (OTC: VLEEY) presented its consolidated accounts for the first quarter 2006. In millions of euros 1 January - 31 March (non audited) 2006 2005 change Total operating revenues 2,704 2,344 ...
Kuwait City, Kuwait (ots/PRNewswire) - - Airline Benefits From Advanced Booking Processes Jazeera Airways, a privately owned airline in the Middle East, has implemented new sophisticated multimedia contact centre and interactive voice response (IVR) services based on Nortel(x) (NYSE: NT, TSX: NT) solutions. The services improve flight booking processes to ...
London (ots/PRNewswire) - Nissan is inviting 9 design students to Nissan Design Europe (NDE), its European design headquarters in London, on 23rd March as part of its global sponsorship activities. The students, from Pforzheim University in Germany, were challenged to create vehicle design concepts which meet customer expectations in 2015. As part of this four-month project, the students from the 5th semester were ...
Paris (ots/PRNewswire) - The Valeo Board of Directors, which met today, has called the Combined Annual General Meeting of Shareholders (AGM). Given the changes in quorum rules, the AGM will most likely be held on first notice on May 17, 2006 at 3 p.m. at Paris Expo CNIT La Defense, 2 place de la Defense 92053 Paris La Defense. Failing a quorum, the AGM will be held on May 30, 2006, at a location to be communicated ...
Brussels (ots/PRNewswire) - The Alliance for Synthetic Fuels in Europe (ASFE) will be launched today. At a conference to be held in Brussels and attended by European Commissioners Günter Verheugen and Andris Piebalgs and Austrian Minister for Environment Josef Pröll, leading automotive manufacturers and fuel supply companies will lay out their common vision of ...
Tokyo (ots/PRNewswire) - Nissan Motor Co., Ltd., and Renault Trucks S.A.S., a company of the Volvo Group, have signed a Memorandum of Understanding to start Nissan's original equipment manufacturing (OEM) supply of light duty trucks (LDT) to Renault Trucks. The LDT vehicles supplied will be based on the platform that will be used for the next generation Nissan ...
Paris (ots/PRNewswire) - Luc Alphand, former world downhill ski champion and driver with the official Mitsubishi Motors Sports team, has won the 2006 Dakar Rally under the Valeo colors. "Victory is a superb feeling!" comments Luc Alphand. "The pressure was very high throughout the rally. We knew that victory was possible but until you reach the finishing line, ...
Paris (ots/PRNewswire) - - Brian Carolin, Senior Vice President Sales and Marketing - Nissan Europe The Nissan 180 plan appears to be a success, are you pleased with Nissan Europe's contribution to the strategy? Brian Carolin: Certainly for me the 2005 highlight was the European contribution to Nissan 180. We more than delivered on our commitment, exceeding our base figure by 7,000 units. The fact that we ...
Aurora, Canada (ots/PRNewswire) - Magna International Inc. (TSX: MG.SV.A, MG.MV.B; NYSE: MGA) will announce its outlook for 2006 on Thursday, January 12, 2006. Magna will present its 2006 outlook at the Auto Analyst of New York (AANY) Detroit Auto Conference on Thursday, January 12, 2006 at 7:45 a.m. EST (Toronto time). Magna will also webcast the presentation at www.magna.com. The presentation will be made by ...
Trappes, France (ots/PRNewswire) - Nissan Europe reported total sales of 32,552 vehicles (1) in December 2005, a decrease of 28.5% over the same month last year. In calendar year 2005, Nissan Europe sold 540,945 units, 0.1% down from last year. HIGHLIGHTS BY COUNTRY - Nissan in France sold 3,661 units in December, registering a 34.9% decrease compared to last year. In calendar year 2005, Nissan sold 48,388 units in France, down by 2.9% compared to last year. ...
Hallbergmoos (ots) - The Eurofighter Typhoon programme enters 2006 on the back of a series of reported successes towards the end of last year and the good news is set to continue through the New Year according to CEO Aloysius Rauen. "As we enter 2006 we now have the aircraft in full operational service with the Surveillance of Aerial Spazio (SSSA), the organization responsible for monitoring and defending Italian ...
Trappes, France (ots/PRNewswire) - Paul Willcox has been appointed by Nissan Europe, as its new Vice President for Marketing, replacing Volker Brien. In this role, Willcox will oversee Nissan's marketing and advertising activities in over 30 countries across Europe and will report directly to Brian Carolin, Senior Vice President, Sales and Marketing. Willcox, 42, joins the company from Nissan Motor GB Ltd ...
Hallbergmoos (ots) - The Eurofighter fleet in the four Partner Air Forces has surpassed the 5,000 flying hour mark early November 2005. The nations had started taking delivery of aircraft at the end of 2003. With production running up during 2004, the air forces introduced Eurofighter Typhoon into service in spring 2004. At the end of 2004 they operated 30 ...
Tokyo, Japan (ots/PRNewswire) - Nissan Motor Co., Ltd., today announced financial results for the first half of the fiscal year ending March 31, 2006, as well as second-quarter performance. In the six months through September, net income after tax totalled 230.7 billion yen (US $2.11 billion, euro 1.69 billion), ...
Copenhagen, Denmark (ots/PRNewswire) - - Danish State Railways Chooses Motorola and TetraNet to Supply New Communications System COPENHAGEN, Denmark, October 20 /PRNewswire/ -- Following a competitive tender, the Danish State Railways (DSB) S-train has awarded Motorola, Inc. (NYSE: MOT) and TetraNet the contract to provide a new TETRA (TErrestrial Trunked RAdio) network. The new network will deliver seamless ...