MESA, Ariz., Feb. 17, 2020 /PRNewswire/ — Today, Atlis Motor Vehicles, electric vehicle technology startup, announced their first Atlis Battery Day, where they will showcase early prototypes of their proprietary ultra-fast charging battery technology and 100% electric XP Platform. Continue Reading Atlis XP Platform “If you’re going to change the world, you have to build something… Continue reading Atlis Motor Vehicles to Host First “Battery Day” on February 21, 2020
Author: PR Newswire Online News
General Motors USA Welcomes Gubagoo to the GM Dealer Digital Solution Program
Gubagoo’s Chat and Facebook Marketplace products are now officially backed by General Motors. BOCA RATON, Fla., Feb. 15, 2020 /PRNewswire/ — Gubagoo, the leading provider of conversational commerce solutions for Automotive Dealerships and OEMs, announced today that their full suite of products have been endorsed by General Motors, and included in the General Motors Dealer Digital… Continue reading General Motors USA Welcomes Gubagoo to the GM Dealer Digital Solution Program
Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability
PLANO, Texas, Feb. 14, 2020 /PRNewswire/ — Toyota Financial Services (TFS) issued its latest unsecured Green Bond, reinforcing the company’s industry-leading commitment to the sale of environmentally friendly vehicles. Proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts and operating lease contracts financing Toyota and Lexus… Continue reading Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability
AAM Reports Fourth Quarter and Full Year 2019 Financial Results
DETROIT, Feb. 14, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2019. AAM also provided its full year 2020 financial outlook and 2020-2022 new business backlog. Fourth Quarter 2019 Results Sales of $1.43 billion Net loss attributable to AAM of… Continue reading AAM Reports Fourth Quarter and Full Year 2019 Financial Results
Delphi Technologies reports fourth quarter and full year 2019 results above prior outlook
LONDON, Feb. 13, 2020 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH) (“Delphi Technologies” or the “Company”) today announced financial results for its fourth quarter and full year 2019. Q4 2019 results Revenue Operating Income Operating Income Margin Net Income per Share – Diluted Cash Flow From Operations GAAP $1.1 B $(15) M (1.4)% $(0.46) $142 M… Continue reading Delphi Technologies reports fourth quarter and full year 2019 results above prior outlook
Ford Motor Corporation Selects Luokung’s Subsidiary EMG as the provider of HD Map Service for Ford China’s Autonomous Driving Project
BEIJING, Feb. 11, 2020 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, announced today that Ford Motor Corporation (NYSE: F) has selected Luokung’s subsidiary eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) as the only provider… Continue reading Ford Motor Corporation Selects Luokung’s Subsidiary EMG as the provider of HD Map Service for Ford China’s Autonomous Driving Project
Daimler reports full-year 2019 results
STUTTGART, Germany, Feb. 11, 2020 /PRNewswire/ — Group unit sales of 3.34 million vehicles (2018: 3.35 million) Revenue up 3% to €172.7 billion (2018: €167.4 billion) Group EBIT of €4.3 billion (2018: €11.1 billion) Adjusted Group EBIT of €10.3 billion Net profit of €2.7 billion (2018: €7.6 billion) Free cash flow industrial business of €1.4… Continue reading Daimler reports full-year 2019 results
DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
SOUTHFIELD, Mich., Feb. 7, 2020 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced the opening of its Central Technical Training Center at its Maryville, Tennessee, facility. DENSO designed the state-of-the-art technical training center to educate its employees about the latest technologies and best practices in advanced manufacturing, a move that helps ensure… Continue reading DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
SOUTHFIELD, Mich., Feb. 6, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has authorized an increase in the Company’s share repurchase authorization to $1.5 billion and extended the authorization period to December 31, 2022. The Board also authorized the Company’s… Continue reading Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
The video shares the name of the Lucid Air’s launch edition, as well as several key design elements. Designated the “Dream Edition,” launch versions of the Lucid Air will be available in three colors, including a special color only available on Dream Edition cars. A hint of that color is shown in the video along with… Continue reading Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video