Zurich, November 8, 2022: Kongsberg Automotive ASA (“Kongsberg Automotive”) has published its results for the third quarter of 2022 today. The results show increasing revenues and a positive margin development despite increased global inflation. All the financial information in this press release refers to the continuing operations of the company, as recent divestments are accounted… Continue reading All-time high revenues and positive margin development. Portfolio transformation in full execution
Author: GlobeNews Newswire
Renault Group: Renault Group and Google Accelerate Partnership to Develop the Vehicle of Tomorrow and Strengthen Renault Group’s Digital Transformation
Renault Group and Google Accelerate Partnership to Develop the Vehicle of Tomorrow and Strengthen Renault Group’s Digital Transformation Renault Group and Google are expanding their partnership. The “Software Defined Vehicle” will bring together the best of the automotive and digital worlds to allow for new on-demand services and continuous upgrades to be delivered to the… Continue reading Renault Group: Renault Group and Google Accelerate Partnership to Develop the Vehicle of Tomorrow and Strengthen Renault Group’s Digital Transformation
Renault Group: Renault Group et Google accélèrent pour développer le véhicule de demain et la transformation digitale du groupe
Renault Group et Google accélèrent pour développer le véhicule de demain et la transformation digitale du groupe Renault Group et Google étendent leur partenariat et signent de nouveaux accords. Le « Software Defined Vehicle » rassemblera le meilleur des mondes de l’automobile et du numérique, pour proposer de nouveaux services à la demande et permettre des mises… Continue reading Renault Group: Renault Group et Google accélèrent pour développer le véhicule de demain et la transformation digitale du groupe
Transactions carried out under the share buy-back program
As announced May 13, 2022 Kongsberg Automotive ASA put in place a non-discretionary agreement with Danske Bank for the repurchase of Kongsberg Automotive shares for up to 10% of its outstanding shares in the market. The share repurchases started May 19, 2022. Date Aggregated Daily Volume (# of Shares) Weighted Average Price (NOK) Total Transaction… Continue reading Transactions carried out under the share buy-back program
HERE powers hands-free driving for BMW
BMW launches new head unit for SAE Level 2 automation with HERE HD Live Map. BMW 7 Series is their first vehicle to roll out SAE Level 2+ at a speed of 130 km/h in the United States and Canada. Functionality will be extended to further models based on same technical platform. HERE provides the BMW 7 Series… Continue reading HERE powers hands-free driving for BMW
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 4, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Magna Announces Third Quarter 2022 Results
Sales increased 17% to $9.3 billion, compared to a global light vehicle production increase of 24% Excluding foreign currency translation and acquisitions net of divestitures, sales increased 27% Diluted earnings per share and adjusted diluted earnings per share increased to $1.00 and $1.07, respectively, compared to $0.04 and $0.56 last year Returned $305 million to… Continue reading Magna Announces Third Quarter 2022 Results
Martinrea International Inc. Reports Record Third-Quarter Revenues and Declares Dividend
TORONTO, Nov. 01, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2022 and that it has… Continue reading Martinrea International Inc. Reports Record Third-Quarter Revenues and Declares Dividend
smart selects HERE to provide connected vehicle services for all-new electric SUV
smart brand utilizes HERE Connected Vehicle Services and HERE SDK to power its highly anticipated, all-new smart #1. HERE map data, real-time traffic and robust POIs, including on-street and off-street parking, tackle challenges of the urban driver. HERE Connected Vehicle Services delivered to smart #1 via the ECARX digital head unit. Amsterdam – HERE Technologies,… Continue reading smart selects HERE to provide connected vehicle services for all-new electric SUV
DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS
Maranello (Italy), November 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2022 – summarized below: Total shipments of 3,188 units, up 15.9% versus Q3 2021 Net revenues of Euro 1,250 million, up 18.7% versus prior year EBITDA of Euro 435… Continue reading DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS