South Africa Motor Vehicle Industry Report 2021 with Profiles of 100+ Players prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
DGAP-News: Schaeffler AG / Key word: Annual Results
Schaeffler AG: Schaeffler closes 2020 with strong fourth quarter
2021-03-04 / 08:00
The issuer is solely responsible for the content of this. | March 9, 2021
DAT Electric Vans
Proteus Van At Derek Automotive Dealership 2nd View
Derek Automotive Technologies, Inc. Corporate Logo
Derek Automotive Technologies Will Pursue a Regulated-Crowdfunding and Direct-Public Listing for DAT Electric Vans in 2021.
The company that starts with a T made electric vehicles cool. Derek Automotive Technologies is making them convenient for consumers to own.” Derek BaileyPHILADELPHIA, PA, USA, December 28, 2020 /EINPresswire.com/ Hot on the heels of the competition, Derek Automotive Technologies, Inc. announced today that it will pursue a Direct-Public Listing for DAT Electric Vans, Inc., one of its accelerator companies. DAT Logistics intends to disrupt competitors in the electric commercial and delivery space, such as vehicle maker Electric Last Mile Solutions (ELMS), who recently announced going public in a $1.4 billion SPAC deal. The hallmark of DAT Electric Vans will be that it offers the first ‘self-charging’ electric delivery van, wit
Continental bags new order for digital instrument clusters from Hyundai: Ramps up production in India financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Continental Sets Mid-term Targets
HANOVER (dpa-AFX) - Continental presented its realigned strategy with which it aims to achieve annual organic growth of around 5 to 8 percent on average in the mid-term. In its Automotive Technologies group sector, Continental plans in the mid-term to exceed the expected average market growth of around 5 to 7 percent per year by around 2 to 4 percentage points. The company s aim is to achieve an adjusted EBIT margin for the Continental Group of between around 8 and 11 percent (excluding Powertrain Technologies).
Continental CFO Wolfgang Schäfer said: Growth that outpaces our markets and industries, an adjusted EBIT margin of around 8 to 11 percent and a return on capital employed of around 15 to 20 percent illustrate our ambitious yet realistic growth path. In addition, with a targeted cash conversion ratio of more than 70 percent, we will further increase our financial strength in the future.