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Powering a More Prosperous World
INTRODUCTION ENVIRONMENT SOCIAL ECONOMIC CUMMINS SUSTAINABILITY PROGRESS REPORT 2019-2020 POWERING A MORE PROSPEROUS WORLD A NOTE FROM THE CHAIRMAN Rather than discuss the accomplishments detailed in this report for 2019, I want to address the eventful first six months of 2020. The deadliest pandemic since 1918, markets this year. While these actions employees, while still ensuring we immediately followed by the most were independent of the world-changing supported the critical needs of our sweeping protests in a half century, events that followed, they have helped us customers. We also maintained our are forcing businesses to re-examine weather the new reality. investments in promising technologies, their role in society. Cummins has potentially critical to the company’s long believed that we serve each of The company ended the first quarter future success. our stakeholders best by serving all of this year with $2 billion in cash and stakeholders. This simple idea has marketable securities, and access to With seven sites in Wuhan, China, been the power behind our company’s $1.9 billion in committed credit facilities. Cummins was significantly impacted success for more than 100 years. In May, we bolstered our access to by the virus relatively early. By the liquidity by entering into an agreement time COVID-19 was declared a global Of course, businesses must have the for an additional $2 billion revolving pandemic, the company had established financial resources to make that happen, credit facility. processes and procedures to protect especially in difficult times. Cummins our employees and communities while entered 2020 in a position of strength. -
Separate Financial Statements Fiscal Year 2019
201Separate financial9 statements PPorscheorsche TaycanTaycan TurboTurbo S 3 Content Group management report and management report of Porsche Automobil Holding SE 6 Fundamental information about the group 10 Report on economic position 12 Significant events and developments at the Porsche SE Group 12 Significant events and developments at the Volkswagen Group 20 Business development 24 Results of operations, financial position and net assets 31 Porsche Automobil Holding SE (financial statements pursuant to the German Commercial Code) 37 Sustainable value enhancement in the Porsche SE Group 41 Overall statement on the economic situation of Porsche SE and the Porsche SE Group 43 Remuneration report 44 Opportunities and risks of future development 52 Publication of the declaration of compliance and corporate governance report 78 Subsequent events 79 Forecast report and outlook 80 Glossary 85 4 Financials 86 Balance sheet of Porsche Automobil Holding SE 90 Income statement of Porsche Automobil Holding SE 91 Notes to the consolidated fi nancial statements 92 Independent auditor’s report 212 Responsibility statement 220 5 VVolkswagenolkswagen IID.3D.3 6 1 Group management report and management report of Porsche Automobil Holding SE 7 8 Group management report and management report of Porsche Automobil Holding SE 6 Fundamental information about the group 10 Report on economic position 12 Significant events and developments at the Porsche SE Group 12 Significant events and developments at the Volkswagen Group 20 Business development 24 Results -
Download PDF, 19 Pages, 505.25 KB
VOLKSWAGEN AKTIENGESELLSCHAFT Shareholdings of Volkswagen AG and the Volkswagen Group in accordance with sections 285 and 313 of the HGB and presentation of the companies included in Volkswagen's consolidated financial statements in accordance with IFRS 12 as of 31.12.2019 Exchange rate VW AG 's interest Equity Profit/loss (1€ =) in capital in % in thousands, in thousands, Name and domicile of company Currency Dec. 31, 2019 Direct Indirect Total local currency local currency Footnote Year I. PARENT COMPANY VOLKSWAGEN AG, Wolfsburg II. SUBSIDIARIES A. Consolidated companies 1. Germany ASB Autohaus Berlin GmbH, Berlin EUR - 100.00 100.00 16,272 1,415 2018 AUDI AG, Ingolstadt EUR 99.64 - 99.64 13,701,699 - 1) 2019 Audi Berlin GmbH, Berlin EUR - 100.00 100.00 9,971 - 1) 2018 Audi Electronics Venture GmbH, Gaimersheim EUR - 100.00 100.00 60,968 - 1) 2019 Audi Frankfurt GmbH, Frankfurt am Main EUR - 100.00 100.00 8,477 - 1) 2018 Audi Hamburg GmbH, Hamburg EUR - 100.00 100.00 13,425 - 1) 2018 Audi Hannover GmbH, Hanover EUR - 100.00 100.00 16,621 - 1) 2018 AUDI Immobilien GmbH & Co. KG, Ingolstadt EUR - 100.00 100.00 82,470 3,399 2019 AUDI Immobilien Verwaltung GmbH, Ingolstadt EUR - 100.00 100.00 114,355 1,553 2019 Audi Leipzig GmbH, Leipzig EUR - 100.00 100.00 9,525 - 1) 2018 Audi München GmbH, Munich EUR - 100.00 100.00 270 - 1) 2018 Audi Real Estate GmbH, Ingolstadt EUR - 100.00 100.00 9,859 4,073 2019 Audi Sport GmbH, Neckarsulm EUR - 100.00 100.00 100 - 1) 2019 Audi Stuttgart GmbH, Stuttgart EUR - 100.00 100.00 6,677 - 1) 2018 Auto & Service PIA GmbH, Munich EUR - 100.00 100.00 19,895 - 1) 2018 Autonomous Intelligent Driving GmbH, Munich EUR - 100.00 100.00 250 - 1) 2018 Autostadt GmbH, Wolfsburg EUR 100.00 - 100.00 50 - 1) 2018 B. -
LOTUS ELAN Manufacturers: Lotus Cars Ltd., Norwich, Norfolk
S11pplemet11 to "Motnr Trader," 4 October /967 Mo1:or Trader SERVICE DATA No. 464 LOTUS ELAN Manufacturers: Lotus Cars Ltd., Norwich, Norfolk All rights reserved. This Service Data Sheet is compiled by the technical staff of Motor Trader, from information made available by the vehicle manufacturers and from our own experience. It Is the copyright of this journal, and may not be reproduced, in whole or in part, without per• mission. While care is taken to ensure accuracy we do not accept responsibility for errors or omissions. ITH this article in the Service Data sheet series, we depart W from our usual style of presentation. In order to give the DISTINGUISHING FEATURES: The Elan model is readily identifiable from its distinctive styling and maximum information possible with from the front by the concealed headlamps which are featured on this model in the available space, opportunity has been taken to devote the accom panying four-page Service Supple dealt with in this article, while the Lotus car, as certain engine similar contained within the axle casing. ment exclusively to the Lotus routine operations involved in ser ities exist. Transmission of the drive Drive to the rear road wheels is engine. Other mechanical compo vicing the unit, i.e. decarbonisation is taken through a single dry plate transmitted through short universally nents, together with routine service and description of processes involved diaphragm spring clutch to a four jointed drive shafts bolted up at their operations are detailed with this are dealt with in the Service Sup speed all-sym.:hrumesh gearbox. In inner ends to splined truncated eight-page article. -
Dipartimento Di Impresa E Management Cattedra Di Economia
Dipartimento di Impresa e Management Cattedra di Economia Aziendale Le strategie competitive delle case automobilistiche nel mercato elettrico-ibrido RELATORE Prof. Tiscini Riccardo CANDIDATO Edoardo Maria Renzi Matr. 202961 ANNO ACCADEMICO 2017/2018 1 Introduzione .................................................................................................................................... 4 Siamo pronti a questo cambiamento? ......................................................................................... 4 Capitolo 1 ....................................................................................................................................... 6 1.1 Che cosa si intende con il termine strategia aziendale e quali sono le più importanti. ........... 6 1.2 Modello di Porter .................................................................................................................. 9 1.2.1 Intensità della concorrenza .......................................................................................... 11 1.2.2 Minaccia di prodotti sostitutivi, la concorrenza indiretta ................................................ 11 1.2.3 Minaccia di nuovi entranti, le barriere all’entrata ........................................................... 12 1.2.4 Potere contrattuale degli acquirenti e dei fornitori ......................................................... 12 1.3 Classificazione del mercato italiano per motorizzazioni ...................................................... 13 1.3.1 Immatricolazioni: alimentazione -
Code of Conduct Table of Contents
Code of Conduct Table of Contents Foreword 2 Our 10 responsibility as a member Our 9 of society responsibility Human rights 13 for compliance Equal opportunity and equal treatment 14 Product conformity and product safety 17 Environmental protection 18 Donations, sponsorships and charity 21 Communication and marketing 22 Political lobbying 25 Our 26 Our 50 responsibility responsibility in as a business the workplace partner Occupational safety and healthcare 53 Data protection 54 Conflicts of interest 29 Security and protection of information, Gifts, hospitality and invitations 30 know-how and intellectual property 57 Prohibition of corruption 33 IT security 58 Dealings with officials and Handling Company assets 61 holders of political office 34 Prohibition of money laundering and terrorism financing 36 Accounting and financial reporting 38 Taxes and customs 41 Support 63 Fair and free competition 42 Procurement 45 Employee representation 64 Export control 46 Help / contacts / whistleblower system 66 Prohibition of insider trading 48 Self-evaluation for decision guidance 71 For better readability, only the masculine form is used in the following text. This form is explicitly understood as gender-neutral. It is used for editorial purposes only and is entirely without prejudice. Foreword by the Volkswagen Group Board of Management Dear colleagues, The trust of customers and stakeholders in our Company and its products is our most valuable asset. We can only strengthen public trust and protect the Volkswagen Group, its employees and our environment by conducting ourselves with integrity and honesty. That includes being familiar with the applicable statutory regulations and internal rules, and complying with them. The Code of Conduct is the basis for our actions. -
Kent Cams Brochure 07
Welcome to Kent Cams Choosing the right camshaft can be one of the most problematic decisions you will have to make when preparing your engine, however you can be assured that with ‘Kent Cams’ you are in the company of some of the most prestigious names in motorsport engine building. Our UK based manufacturing facility is Europe’s most up to date*, this coupled with our experience in cam profile grinding which spans 5 decades gives you the confidence that you have made the right camshaft choice for your engine. *We are the only UK based manufacturer to invest in a new bespoke CNC and believe this to be the most up to date machine available to the aftermarket in Europe. More than just camshafts Although, as our name suggests we are primarily camshaft manufacturers, we also offer a vast range of complimentary components to ensure trouble free and reliable running of your engine. From in house manufactured adjustable cam pulleys, spring retainers and cam followers to being major stockists of both ‘ARP’ bolts and ‘Cometic’ multi-layer gaskets we produce and hold stock of the largest range of ancillary valve train components in the UK. Valve springs, Cam followers, Slotted Gears, Adjustable cam pulleys, Valve spring retainers, Multi layer Cylinder head gaskets, ARP Engine fasteners.…… The difference is in the detail.. If you really want to know, here are some of the important differences between us and other manufacturers: Bespoke multi-angle twin spindle CNC cam grinding facility. 35mm CNC negative radius profile grinding. Constant surface speed CBN grinding wheels. -
Bent Suspension Components
DIAGNOSING AND REPAIRING BENT SUSPENSION Issue 12/2017 COMPONENTS SHOCK ABSORBER, SUSPENSION, BRAKES, TOWBARS AND WHEEL ALIGNMENT SPECIALISTS Diagnosing Bent Steering and We do this by making use of alignment angles to effectively divide the suspension into two halves. Suspension Components Using The alignment figures will tell us in which half of the Steering Geometry Angles suspension the fault will be found. Camber is one of the most commonly adjusted alignment The alignment angles we use to do this are Camber, geometry angles and 95% of all faults are corrected by S.A.I. (Steering Axis Inclination) and I.A. ( Included Angle). normal alignment methods. However in the other 5% S.A .I., also known as King Pin Inclination (K.P.I.), is the of cases, location of damaged components can prove angle between the true vertical and a line drawn through difficult and time consuming. More importantly, incorrect the centre of the strut’s top pivot (or upper ball joint) diagnosis and repair of the camber faults may lead to and the lower ball joint. It is sometimes difficult to obtain far more serious ramifications. This issue of Tech Stop, an OE specification on S.A.I. and so we recommend shows how alignment angles can be used to indicate keeping a record of SAI angles to obtain an average where the damaged component is, what to replace and figure which becomes your specification for a particular how to achieve correct alignment geometry angles. vehicle. There are a number of potential causes of camber faults I.A is the angle between the S.A.I. -
Cj7 Scrambler
Cj7 scrambler The Jeep CJ models are both a series and a range of small, open-bodied off-road vehicles and compact pickup trucks , built and sold by several successive incarnations of the Jeep automobile marque from to The Willys Jeep was the world's first mass-produced civilian four-wheel drive car. In , Willys-Overland , one of the two main manufacturers of the World War II military Jeep , built the first prototypes for a commercial version — the CJ, short for "civilian Jeep". Also, with few exceptions, they had part-time four-wheel drive systems , with the choice of high and low gearing, and open bodies with removable hard or soft tops. After remaining in production through a range of model numbers, and several corporate parents, the Jeep CJ line was officially ended in More than 1. The similar model, the DJ "Dispatcher" was introduced in as a two-wheel drive version with open, fabric, or a closed steel body in both left- and right-hand drives for hotel, resort, police, and later United States Postal Service markets. By , the Allies were confident the war would be won, and wartime production looked to be winding down. This allowed Willys to consider designing a Jeep for the postwar civilian market. Documentation is scarce, but in early , Willys seemed to have found time to start drawing up plans, and one or two prototypes dubbed CJ -1 , for "Civilian Jeep", were running by May of that year. The first CJs had apparently been created by quick modification of the regular military MB, adding a tailgate, lower gearing, a drawbar , and a civilian-style canvas top. -
2005 Solo Rules
item # 5665 National Solo Rules 2005 EDITION Sports Car Club of America Solo/Road Rally Department P.O. Box 19400 Topeka, KS 66619-0400 (800) 770-2055 (785) 232-7228 Fax www.scca.com Copyright 2005 by the SportsCar Club of America. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage or retrieval system, without the prior written permission of the publisher. Thirty-fifth printing, January 2005 Published by Sports Car Club of America, Inc. P.O. Box 19400. Topeka, KS 66619-0400 Printed in the United States of America Copies may be ordered from SCCA Properties P.O. Box 19400 Topeka, KS 66619-0400 (800) 770-2055 Printer (text and cover): Mainline Printing, Inc. 818 S.E. Adams Topeka, KS 66607-1126 (785) 233-2338 Printed in the United States of America. ************************************************************************************************************ This book is the property of: Name ______________________________________________________________________ Address ___________________________________________________________________ City/State/Zip_______________________________________________________________ Region _________________________________________________ Member # _________ FOREWORD Effective January 1, 2005, previous editions of the SCCA Solo Rules are superseded by the following SCCA Solo Rules. The SCCA reserves -
July-August 2016
news & features July-August 2016 Equipment Driving shoes ........................................................................5 Performance Dodge-SRT-Viper at Bondurant A ....................................10 Buy an SRT, Hellcat or Viper, and you know you’ve arrived. When Dodge sends you to Bondurant, it just gets better. By Joe Sage New Vehicle Introduction 2017 Jaguar F-PACE B ......................................................16 Jaguar enters the SUV realm with its most affordable model ever, aiming to triple sales. By Sue Mead Vehicle Impression 2016 Kia Optima SX Turbo .................................................19 Road Trip Bisbee and Colossal Cave C ............................................20 We discover some new surprises above and below ground in southeastern Arizona. By Tyson Hugie New Vehicle Introduction 2017 Fiat 124 Spider D.......................................................22 Fiat is significantly broadening its North American presence, by taking the perfect sports car and making it better. By Joe Sage Good Deeds Ford dealers “Fill an F-150” with water ............................26 Salvation Army program provides life-sustaining water to those in need, and Ford delivers. By Jennifer Johnson Special Events Auction results, upcoming concours and shows............27 Vehicle Impression 2016 Jeep® Renegade Sport 4x4 ......................................29 Motorsports Red Bull Global Rallycross at Wild Horse Pass E .........30 We join Volkswagen Andretti Rallycross as they defend their GRC trophy starting with this season opener. By Joe Sage Vehicle Impression 2016 Volkswagen Beetle Convertible R-Line SEL ...........35 New Vehicle Introduction 2017 Ford Fusion F............................................................36 Ford’s hot-selling entry in this hottest-selling of segments gains several new advantages for 2017. By Joe Sage ARIZONARIDERMAGAZINE Motorcycle news and highlights ......................................38 AMA Pro Flat Track at Turf Paradise, plus bike and event news. -
P.1 of 9 Note 118 Part 2 PICTURES in PRACTICE 1955 Practice for Crystal Palace Mike Hawthorn Tries Stirling Moss’ Maserati 250F for Size
P.1 of 9 Note 118 Part 2 PICTURES in PRACTICE 1955 practice for Crystal Palace Mike Hawthorn tries Stirling Moss’ Maserati 250F for size. Alf Francis, holding the seat cushion, is on the left. Tony Robinson, Alf’s assistant is on the right. After Hawthorn was 2nd to Harry Schell in a Vanwall in practice, Francis improved the 250F by dropping the axle ratio and taking a leaf out of the rear spring (DASO 147). Hawthorn then won the race from Schell. This was just after Hawthorn had left Vandervell’s team, dissatisfied with their reliability, and returned to Ferrari for the classic GPs. He and Vandervell had exchanged discourteous gestures as he arrived in the paddock! Colin Chapman showing a masterful elbow at Ramp corner in his Lotus Mk IX with an MG 1½ litre engine. The port fuel injection engine of the 1955 Vanwall. The Bosch pump was driven from the front of the inlet camshaft and the fuel flow was controlled mechanically. The airflow was controlled by otherwise- empty Amal carburetter bodies close to the ports. This system can be contrasted with the unsuccessful SU system on Moss’ Maserati at Easter Goodwood. 1956 Practice for Easter Goodwood The new BRM P25 (IL4 2½ litre naturally- aspirated). This was its 3rd event after a non- start at Aintree and a DNF at Oulton Park in 1955. Hawthorn drove it but after transmission failure in the race which resulted in the car overturning was lucky to escape serious injury. P.2 of 9 The works Maserat 250F of Moss was fitted with port fuel injection by a Bosch pump.