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Bosch Is Reshaping Its Corporate Structure

Bosch is accelerating the company’s evolution and plans to reorganize its corporate structures: the activities of the Mobility business sector and the central service units – Bosch Digital, Global Business Services, and Global Real Estate – in Germany are to be transferred from Robert Bosch GmbH to ...
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ZF: 2022 financial results

ZF achieves sales of €43.8 billion in 2022 (2021: €38.3 billion), adjusted EBIT is €2.0 (2021: €1.9) billion, adjusted EBIT margin at 4.7 (2021: 5.0) percent. Order volume for electrified drives amounts to more than €30 billion.
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Test Industry: the role of tribology in sustainability

During the IFPE in Las Vegas, Test Industry America’s Ceo Chris Jorge held a press conference with Lizhi Shang, Professor at the Purdue University, regarding sustainability in hydraulics and the role of tribology in test chamber for fluid power applications.
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Yanmar America receives Global Customer Service Awards

Three members of Yanmar America’s customer service team have been awarded for their outstanding results at the Yanmar Global Customer Service Awards at the Portopia Hotel in Kobe, Japan, on March 10. Emily Kinney, Brad Krueger, and David Long were recognized for their exceptional contributions to th...
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Deutz: 2022 results

Last year, Deutz maintained its course and achieved its targets in a challenging geopolitical and macroeconomic environment. The drive manufacturer’s unit sales rose by 16.6 percent, while revenue climbed by 20.8 percent to €1.95 billion. Profitability also improved significantly, with EBIT before e...
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Electric vans, Arrival to get $300 mln funding

According to Reuters, the capital raised "will not provide for investments in production of its van in its Charlotte, North Carolina facility". Fundraising efforts to support the U.S. production plan might be promoted afterwards.
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