Goodyear Announces Pricing Of €400 million European Senior Notes

AKRON, Ohio, Sept. 22, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (“Goodyear”) today announced that its European subsidiary, Goodyear Europe B.V. (“GEBV”), has priced its private offering to eligible purchasers of €400 million aggregate principal amount of senior notes due 2028 (the “notes”).  The notes will be senior unsecured obligations of GEBV and will… Continue reading Goodyear Announces Pricing Of €400 million European Senior Notes

Lear Signs Agreement for Joint Venture with Hu Lane for Connector Products

SOUTHFIELD, Mich., Sept. 22, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has signed a definitive agreement for a joint venture with Hu Lane Associate Inc. (TPEX: 6279), a listed company on the Taipei stock market and a manufacturer of world-class automotive connector products.… Continue reading Lear Signs Agreement for Joint Venture with Hu Lane for Connector Products

Warehouse robotics startup HAI ROBOTICS secures $200M funding

The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. The D round funding, the third capital infusion for the company in 2021, was led by Capital Today with some existing investors, including Sequoia Capital China, 5Y Capital, Source Code Capital,… Continue reading Warehouse robotics startup HAI ROBOTICS secures $200M funding

Kensington Capital Acquisition Corp. II and Wallbox Announce September 30, 2021 Special Meeting to Approve Business Combination

Kensington and Wallbox filed a proxy statement/prospectus (the “Proxy Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) and began mailing it to stockholders on September 20, 2021.  The Proxy Statement is available on the SEC Filings section of Kensington’s website www.autospac.com, as well as www.sec.gov.  Kensington stockholders are encouraged to read the proxy… Continue reading Kensington Capital Acquisition Corp. II and Wallbox Announce September 30, 2021 Special Meeting to Approve Business Combination

Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer

CHANDLER, Ariz., Sept. 21, 2021 /PRNewswire/ — Local Motors announced today that President and COO, Vikrant Aggarwal, became the company’s Chief Executive Officer. The change comes as Local Motors has demonstrated market traction with global commercial deployments of Olli, its electric autonomous shuttle. Prior to joining Local Motors, Vikrant spent two decades at Cummins in a… Continue reading Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer

TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

AUBURN HILLS, Mich., Sept. 21, 2021 /PRNewswire/ — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has announced three executive level appointments as Hans Dieltjens assumes the role of President and Chief Executive Officer on 1 October 2021. Hans will succeed William L. Kozyra, who will retire on 1 October… Continue reading TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

AutoNation Appoints Michael “Mike” Manley Chief Executive Officer and Director

FORT LAUDERDALE, Fla., Sept. 21, 2021 /PRNewswire/ — AutoNation, Inc. (NYSE: AN), America’s largest and most admired automotive retailer, today announced that it has appointed Mike Manley as Chief Executive Officer and as a member of its Board of Directors, effective November 1, 2021. Mike Jackson will retire from AutoNation on November 1, 2021, as Chief… Continue reading AutoNation Appoints Michael “Mike” Manley Chief Executive Officer and Director

Knott Brake Co. Partners With Award-Winning Supplier

LODI, Ohio, Sept. 17, 2021 /PRNewswire/ — The Knott Brake Company partnered with its long-term powdered metal supplier, Sintergy Incorporated, to develop a new concept in the manufacture of 6″ drum brake shoes using the powdered metals manufacturing process, and in doing so were awarded the 2021 international award for an Outstanding Application of Powder… Continue reading Knott Brake Co. Partners With Award-Winning Supplier

Kia America Takes Over Primetime To Introduce All-Electric EV6 And The New Kia America Brand

“The Kia EV6 is just the beginning of what the future holds for the Kia America brand,” said Russell Wager, vice president, marketing, Kia America. “Based on the success of the partnerships Kia enjoyed last year with both the Emmys and America’s Got Talent, we continue the launch of this all-new vehicle and highlight Kia’s… Continue reading Kia America Takes Over Primetime To Introduce All-Electric EV6 And The New Kia America Brand

DENSO to Issue Sustainability Bonds for the First Time

KARIYA, Japan, Sept. 17, 2021 /PRNewswire/ — DENSO Corporation announces that it has issued DENSO Group’s first sustainability bonds denominated in USD to further promote sustainability management. Sustainability bonds are bonds issued to finance activities that contribute to both environmental and social sustainability. Since its founding, DENSO has practiced sustainability management, which aims to pursue… Continue reading DENSO to Issue Sustainability Bonds for the First Time