Categoría: Marco carvajal

CHICAGO, Feb. 11, 2021 /PRNewswire/ — LegalRideshare LLC is offering a $10,000 reward for information leading to the arrests and convictions of carjacking offenders, in Chicago, Illinois. The Chicago Tribune reported that carjackings in Chicago rose 135%, in 2020. Rideshare drivers, who spend hours every day on the road, are victimized at a disproportionate rate. 

«We refuse to sit idly while our friends live in fear,» LegalRideshare attorney and co-founder Bryant Greening said. «Rideshare and delivery workers are essential to our community, especially in the last year. It’s devastating that they have to look over their shoulders at every red light.»

Greening said rideshare drivers contact his firm daily about the terrifying work conditions. Even when drivers are not physically injured during carjackings, they lose their vehicles and, therefore, their ability to work. «Gig workers rely on their ability to drive. When a criminal takes their cars, they take their livelihood,» Greening explained. 

In an effort to halt the crime spree, LegalRideshare LLC is offering $10,000 to any person who provides information leading directly to the arrest and conviction of a person who carjacks a Chicago-based rideshare driver. To be eligible for the reward, the information must be provided to LegalRideshare LLC and the Chicago Police Department, on the same day as the carjacking. 

«Time is of the essence. If police don’t arrest the offender quickly, the likelihood of locating him, with sufficient evidence to convict, decreases greatly,» Greening said. «We want these criminals off the streets immediately.»

LegalRideshare LLC regularly uses its resources to protect rideshare and gig workers. Last year, the firm offered a «sick-day» program for drivers who lost wages due to COVID-19, and publicly denounced the rideshare companies for failing to support workers. In 2018, the firm secured drivers’ right to advertise in their cars, providing a source of income for workers who often struggle to earn more than minimum wage. 

About LegalRideshare

Chicago-based LegalRideshare, LLC (www.LegalRideshare.com) is the first law firm in the United States to focus exclusively on Uber, Lyft and electric scooter accident and injury claims. Its legal team is dedicated to protecting injured drivers, passengers, and victims. For news and updates, follow LegalRideshare on Facebook and Twitter.

Contact: Bryant@LegalRideshare.com

View original content:http://www.prnewswire.com/news-releases/legalrideshare-offers-10-000-reward-to-bring-carjackers-to-justice-301226257.html

SOURCE LegalRideshare

HELSINKI, Feb. 11, 2021 /PRNewswire/ — Germany further extends the lock-down which started in December, 2020. The retail stores remain largely closed. The lock-down will last at least until 7 March, 2021. An extension of the lock-down is possible, if the incidence of infections does not decrease sufficiently. «Kamux will continue to do car sales solely through digital channels and remotely following the instructions of the authorities,» says Aleksandar Amann, Country Director of Kamux Germany.

More information:

Ilkka Virtanen, Kamux Corporation, Director of International Business, tel. +358 40 727 5856

Aleksandar Amann, Kamux Germany, Country Director, tel. +49 40 5555 48951

ir@kamux.fi

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has total of 78 car showrooms in Finland, Sweden and Germany. Since its founding, the company has sold approximately 300,000 used cars, 55,432 of which were sold in 2019. Kamux’s revenue reached EUR 658.5 million in 2019. In 2019, Kamux’s average number of employees was 595 in terms of full-time equivalent employees. The shares of Kamux are listed on the Nasdaq Helsinki stock exchange.

www.kamux.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/kamux/r/germany-further-extends-lock-down–stores-remain-closed,c3285076

STEVENSVILLE, Md., Feb. 11, 2021 /PRNewswire-PRWeb/ — Heavy duty vehicle lift leader Stertil-Koni today announced that its portable air over hydraulic jack – ideal for servicing vehicles in the maintenance bay or on the road – has been named to the Number 3 slot on the Top Ten «Aftermarket Products» listing by Truck Parts and Service.

Weighing in at only 60 lbs., this lightweight, two-stage workhorse – Model SKB25-2 – has a lifting capacity of first stage, 25 metric tons, with a final stage of 10 metric tons. That makes it equally at home on the shop floor and on the road. The ultra-portable design incorporates a 21.6″ handle that folds for easy transport – making it ideal for mobile service applications.

Noted Stertil-Koni Shop Equipment Specialist, Radu Pop, «Technicians who need to raise a vehicle can now enjoy total freedom, comfort and safety virtually anywhere the job takes them with our portable jack. It’s a true game-changer.»
The ultra-portable unit incorporates an optional wall mounting bracket to secure it out of the way in a service truck or on the workshop wall. Additional features include:

• Top quality, long-lasting, durable chromium-plated piston
• Maximum height without extensions 12.5″
• Low 6.3″ collapsed height
• Easy-to-use controls with «dead-man» safety switch
• Built-in overload valve for added safety
• 2″ and 4″ extensions included.

Concluded Stertil-Koni President, Dr. Jean DellAmore, «We are proud to offer the very best in vehicle lifting systems – whether the technician is on the shop floor or out on the road on a service call. That is precisely why we remain focused on engineering lifting systems that are reliable, durable and safe – every time. The Model SKB25-2 portable jack is a prime example of how Stertil-Koni delivers the very best in heavy duty lifting systems – and shop equipment – that enable our customers to perform the most demanding tasks.»

The Top Ten Aftermarket Products on Trucks, Parts, & Service, is according to the publication, based on reader engagement. TPS is published by Randall-Reilly.

About Stertil-Koni

Stertil-Koni – proud to be a Buy America company — is the market leader in heavy duty vehicle lifts, notably bus lifts and truck lifts, and proudly serves municipalities, state agencies, school bus fleets, major corporations, the U.S. Military and more. Stertil-Koni is distinguished by its extensive distributor network across the U.S. and Canada – delivering world-class engineering combined with dedicated local expertise. The breadth of Stertil-Koni’s products meets all ranges of lifting needs and includes Mobile Column Lifts, 2-post, 4-post, inground piston lifts, platform lifts, and its axle-engaging, inground, scissor lift configuration, ECOLIFT. The company’s innovative, inground telescopic piston DIAMONDLIFT is available with an optional Continuous Recess system, ideal for low clearance vehicles. Stertil-Koni USA is headquartered in Stevensville, Maryland with production facilities in Europe, The Netherlands, and in Streator, IL.

Media Contact

Paul Feldman, Stertil-Koni USA, Inc., 410-643-9001, paul.feldman@stertil-koni.com

SOURCE Stertil-Koni USA, Inc.

STOCKHOLM, Feb. 11, 2021 /PRNewswire/ —

Strong sequential recovery and improved adjusted operating income

FOURTH QUARTER 2020           

• Sales fell by 13% to SEK 989m (1,141). In currency-adjusted terms, the decline was 6%.           
• Gross margin improved by 3 percentage points to 28.6% (25.6). The improvement is attributed to the closure of production units as well as increased share of aftermarket sales.           
• Adjusted operating income increased to SEK 66m (44), equivalent to an adjusted operating margin of 6.7% (3.8). Adjusted operating margin excluding investments in new technology was 8.0% (4.9).           
• Reported operating income totaled SEK 44m (133). Non-recurring expenses of net SEK 22m, including positive earnings of SEK 35m from the sale of the Blue Springs property, weighed upon profit.           
• Changes in exchange rates had a negative impact on operating income of SEK -20m (-2).           
• Profit after tax was SEK -61m (-149). The tax amounted to SEK 59m (4).            
• Earnings per share were SEK -1.27 (-3.36).           
• Cash flow from operating activities totaled SEK 123m (239).            
• The structural savings programs developed according to plan and reduced expenses by SEK 34m.           
• Haldex signed an agreement with a Chinese bus manufacturer for the pre-series manufacturing of electromechanical braking system (EMB).           
• The supply chain is strained due to increased raw material costs and component shortages.

FULL YEAR 2020           

• Sales fell by 22% to SEK 4,007m (5,151). In currency-adjusted terms, the decline was 20%.           
• Adjusted operating income fell to SEK 163m (317), equivalent to an adjusted operating margin of 4.1% (6.1). Adjusted operating margin excluding investments in new technology was 5.0% (6.9).           
• The structural savings programs reduced expenses by SEK 69m for the full year.           
• Reported operating income totaled SEK -100m (105). Non-recurring net expenses of SEK 263m, including positive earnings of SEK 35m from the sale of the Blue Springs property, weighed upon income for the full year.           
• Changes in exchange rates had a negative impact on operating income of SEK -16m (24).           
• The annual profit after tax was SEK -300m (5). The tax amounted to SEK 111m (56).           
• Earnings per share were SEK -6.44 (0.12).           
• Cash flow from operating activities totaled SEK 215m (328).           
• The Board proposes that no dividend be paid.

Comment from Helene Svahn, President & CEO:

Sales showed gradual recovery and the year ended strongly with sales volumes on a par with 2019, despite increasing global spread of COVID-19 infection during the quarter. Our long-term savings programs continued to be effective, and adjusted operating margin increased to 6.7% in the quarter.

The quarter’s net sales decreased by 13% compared to the corresponding quarter in 2019 and amounted to SEK 989m; the decline was 6% when currency adjusted. The US dollar weakening by 9% had a negative impact, as Region North America excluding Canada accounts for approximately 41% of Haldex’s sales.

The development across our regions was mixed. North America continued to have a challenging quarter and currency-adjusted net sales decreased by 10% compared to the corresponding period last year. Europe, on the other hand, showed a stronger recovery, growing by 7% in currency-adjusted terms. South America also showed a positive sales trend, while Asia declined by 21% compared to a strong fourth quarter of 2019.

Global new production of trucks recovered, but demand moderated toward the end of the quarter. Sales to the truck segment fell by 24% in the quarter, primarily due to the fact that we lost a major customer in North America at the beginning of the year, and because of the effect of the coronavirus pandemic and a general market downturn.

An increased focus on the trailer segment proved effective, and we achieved the same volume as in the fourth quarter of 2019. We thus had better development than the market in general. The aftermarket also showed a solid recovery from previous quarters, and globally we achieved the same level of sales in the quarter as in 2019.

In a broader perspective, operations continued to be characterized by efforts to mitigate the effects of the pandemic on demand, productivity, shortage of semiconductor components, and increasing prices of raw materials, primarily iron and steel. Finally, the Development Department has reorganized to increase its focus on the commercialization of our electromechanical braking system (EMB) and product development geared toward electrification of heavy transport.

improved adjusted operating margin
Our savings programs have proved to be effective, and the adjusted operating margin increased by 2.9 percentage points compared to 2019, despite substantially lower sales volumes. Costs decreased by SEK 65m in the quarter, of which the structural savings programs accounted for SEK 34m. The new savings program of SEK 100m, which was described in the Q3 report, among other things covers workforce reductions in the form of 70 positions spread across all regions. The cuts do not relate to any one particular product line or branch of the business, but are another element in focusing the business. The savings program will take full effect in the second half of 2021. The fourth quarter was impacted by non-recurring staff reduction expenses of SEK 25m related to the extended program communicated in the third quarter. The costs of all the currently ongoing savings programs had an impact of SEK 48m on quarterly earnings.

Implementing extensive savings represent a challenge for any organization, and I am very proud of the way all our employees have stepped up to the plate and executively implemented savings without losing focus on safety, quality and new business. With the measures, we have taken another step towards achieving the 10% operating margin target.

PLAN FOR LONG-TERM VALUE CREATION
My most important task is to safeguard Haldex’s position as a global and relevant niche player. We also have to ensure that investments made in the brand, organization and product development create long-term added value.

Haldex cost-base has previously been over-sized and over the past year, we have undertaken a strategic review and introduced a more stringent action program aimed at improving profitability. Among other things, this has resulted in write-downs on development projects with uncertain profitability. The review has led to the streamlining of our resources towards initiatives with the best future potential. Implemented structural measures have brought us closer to the target. The next step is to develop and further refine the proposition so that it is concentrated around profitable and long-term attractive products, while continuing to work on streamlining.

The strategic review is still ongoing, and we expect to be able to provide an update in the second quarter.

PRODUCT AND PROPOSITION INVESTMENTS
The focus on developing our offering for the trailer segment and aftermarket continues. We focus our efforts on niches where Haldex has competitive advantages and where our proposition of flexibility, close customer relationships and an open architecture in innovative brake solutions makes a difference. To reinforce our aftermarket presence, we may make acquisitions in this segment.

Our important initiative regarding electrification and our EMB product are showing signs of success. Customers have a strong interest in EMB, and at the end of the year we entered into a contract with a Chinese electric bus manufacturer on pre-series production. The order has a, marginal impact on earnings but is strategically important and takes us another step closer to series production and wider launch in China. The progress of EMB, which is also being evaluated by two global European truck manufacturers and several bus companies in China, demonstrates that we have an attractive and correctly positioned proposition that takes into account the global focus on climate issues and the need for fossil-free transport.

SALES, CUSTOMERS AND PARTNERSHIPS
To summarize, I am satisfied with the trend in the fourth quarter. Sales recovered, operating income improved, and we achieved our highest adjusted operating margin in the fourth quarter since 2015. It was also pleasing that the increased focus on the trailer market led to a stronger market position and increased sales in Europe. We are purposefully working toward entering into further partnerships that can contribute to increased volumes and improved profitability. These are long processes that demand perseverance. For example, we have recently been informed, after three years of sales efforts, that we have found our way into an attractive aftermarket segment in the United States. We look forward to the start of pre-series production of EMB in China. It will be an important milestone for continued commercialization, and our commitment to new products enabling electrically powered heavy passenger and freight transport by road.

Helene Svahn
President and CEO

For further information, visit https://haldex.com/sv/corporate/investerare/ or contact:

Helene Svahn, President & CEO. Telephone: +46 (0) 418-47 60 00
Lottie Saks, CFO and IR. Telephone: +46 (0)418-47 60 00

This information is such that Haldex AB (publ) is obliged to publish under the EU Market Abuse Regulation. The information was submitted for publication through contacts on Thursday February 11, 2021 at 7.20 am.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/haldex/r/haldex-year-end-report-january—december-2020,c3284616

The following files are available for download:

View original content:http://www.prnewswire.com/news-releases/haldex-year-end-report-january—december-2020-301226620.html

SOURCE Haldex