Auto, Truck & Motorcycle Parts

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Kasai Kogyo Co Ltd to establish joint ventures with Dongfeng Visteon Automotive Trim Systems Co., Ltd.

Friday, 25 Jul 2014 03:00am EDT

Kasai Kogyo Co Ltd:To establish joint venture in Liaoning, China, expected in September, with Dongfeng Visteon Automotive Trim Systems Co., Ltd.The joint venture will be engaged in manufacturing and sale of automotive interior parts.Says two companies will hold a 50 pct stake in the joint venture respectively.

SHW AG raises full FY 2014 sales and earnings forecast

Friday, 25 Jul 2014 01:10am EDT

SHW AG:Says full FY 2014 sales and earnings forecast raised Based on half year figures.Expects group sales in FY 2014 to be in range of 390 million euros to 415 million euros (previously: 380 million euros to 400 million euros).Expects to reach adjusted group earnings before interest, taxes, depreciation and amortisation (adjusted EBITDA) in order of 39 million euros to 41.5 million euros in FY 2014 (previously: 38 million euros to 40 million euros).

Gentex Corp gives Q3 2014 revenue guidance in line with analysts' estimates

Thursday, 24 Jul 2014 08:04am EDT

Gentex Corp:Estimates that net sales in Q3 2014 will increase about 15 - 20pct compared to Q3 2013.Reported revenue of $288.62 million in Q3 2013.Q3 2014 revenue of $338.74 million - Thomson Reuters I/B/E/S.

Dana Holding Corp updates FY 2014 outlook, raises EPS outlook

Thursday, 24 Jul 2014 07:05am EDT

Dana Holding Corp:Expects FY 2014 sales of about $6.8 mln.FY 2014 adjusted EBITDA of about $760 million.Adjusted EBITDA as a percent of sales of about 11.2 pct.Diluted adjusted EPS of about $1.92 to $1.95.FY 2014 revenue of $6.82 bln, EBITDA of $742.82 mln, and EPS of $1.82 - Thomson Reuters I/B/E/S.

FUJI OOZX Inc update set up subsidiary

Thursday, 24 Jul 2014 02:00am EDT

FUJI OOZX Inc:To set up a wholly owned subsidiary, FUJI OOZX MEXICO S.A. de C.V. in Mexico in August.New subsidiary to engage in manufacturing and sales of engine valve, with registration capital of 25.5 million peso.

FUJI OOZX Inc raises consolidated mid-year outlook for FY 2015

Thursday, 24 Jul 2014 02:00am EDT

FUJI OOZX Inc:Says the company raised the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 8,150 million yen from 8,050 million yen.Operating profit forecast increased to 450 million yen from 200 million yen.Ordinary profit forecast increased to 600 million yen from 400 million yen.Net profit forecast increased to 400 million yen from 250 million yen.Earnings per share forecast increased to 19.47 yen from 12.17 yen.Comments that low impact of decline of consumption tax, increased exports to North America and delayed cost to second half period are the main reasons for the forecast.

Allison Transmission Holdings Inc raises low end of prior FY 2014 revenue guidance

Wednesday, 23 Jul 2014 04:07pm EDT

Allison Transmission Holdings Inc:Updates FY 2014 guidance includes a year-over-year net sales increase in the range of 4 to 6 percent.Reported revenue of $1.927 billion in FY 2013.FY 2014 revenue of $2.038 billion - Thomson Reuters I/B/E/S.

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