Magna Commits to Achieve Net-Zero by 2050

Magna has submitted its net-zero targets to the Science Based Targets initiative (SBTi) Near-term target includes 100% renewable electricity use by 2030 Aligns with long-term strategy to enable cleaner and safer mobility for everyone and everything AURORA, Ontario, Aug. 29, 2023 (GLOBE NEWSWIRE) — Magna is taking a significant step forward in its commitment to… Continue reading Magna Commits to Achieve Net-Zero by 2050

Ferrari N.V.: Periodic Report on the Buyback Program

Maranello (Italy), August 29, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third 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

Information on Kongsberg Automotive`s Extraordinary General Meeting

Zurich, August 28, 2023: A group of shareholders representing more than 5% of the shares in Kongsberg Automotive (KA) has requested an Extraordinary General Meeting for the election of new members of KA’s Board of Directors and the members of the company`s Nomination Committee. The Extraordinary General Meeting will be held within one month. A notice… Continue reading Information on Kongsberg Automotive`s Extraordinary General Meeting

Mandatory Notification of Trade for Primary Insiders

Zurich, August 25, 2023: Dzeki Mackinovski, Executive Vice President Purchasing and primary insider of Kongsberg Automotive ASA has on 24 August 2023 sold 300.000 shares in the company at an average price of NOK 2,273 per share. Following this transaction, Dzeki Mackinovski now holds 853.850 shares in Kongsberg Automotive ASA. This information is subject to the… Continue reading Mandatory Notification of Trade for Primary Insiders

Visteon Recognized as a 2023 Automotive News PACE Awards Finalist

VAN BUREN TOWNSHIP, Mich., Aug. 24, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) announced today it has been named a 2023 Automotive News PACE™ Awards finalist for its Motorcycle Integrated Cockpit Domain Controller (CDC) and smart battery management system (smartBMS) products. The technology solutions are two of 34 automotive innovations to be included in… Continue reading Visteon Recognized as a 2023 Automotive News PACE Awards Finalist

NVIDIA Announces Upcoming Events for Financial Community

SANTA CLARA, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) — NVIDIA will present at the following events for the financial community: Goldman Sachs Communacopia & Technology ConferenceTuesday, Sept. 5, 12:25 p.m. Pacific time Evercore ISI 2023 Semiconductor & Semiconductor Equipment ConferenceWednesday, Sept. 6, 6 a.m. Pacific time Citi’s 2023 Global Technology ConferenceThursday, Sept. 7, 9:15 a.m.… Continue reading NVIDIA Announces Upcoming Events for Financial Community

NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

Record revenue of $13.51 billion, up 88% from Q1, up 101% from year ago Record Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago SANTA CLARA, Calif., Aug. 23, 2023 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51… Continue reading NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

NVIDIA AI-Ready Servers From World’s Leading System Manufacturers to Supercharge Generative AI for Enterprises

LAS VEGAS, Aug. 22, 2023 (GLOBE NEWSWIRE) — VMware Explore — NVIDIA today announced the world’s leading system manufacturers will deliver AI-ready servers that support VMware Private AI Foundation with NVIDIA, announced separately today, to help companies customize and deploy generative AI applications using their proprietary business data. NVIDIA AI-ready servers will include NVIDIA® L40S GPUs,… Continue reading NVIDIA AI-Ready Servers From World’s Leading System Manufacturers to Supercharge Generative AI for Enterprises

Kongsberg Automotive appoints new Executive Vice President, People & Culture

Zurich, August 14, 2023: Kongsberg Automotive (KA) has appointed Oscar Jaeger as Chief Human Resources Officer (CHRO) and Executive Vice President, People & Culture, effective August 1, 2023. Oscar joined KA in 2021 as Vice President HR for Specialty Products Division and Global Purchasing. Since January 1, 2023, Oscar has served as the interim Executive Vice… Continue reading Kongsberg Automotive appoints new Executive Vice President, People & Culture

Magna annonce ses résultats du deuxième trimestre 2023

Son chiffre d’affaires atteint 11 milliards de dollars, soit une hausse de 17 %, tandis que la production mondiale de véhicules légers a augmenté de 15 % Le bénéfice dilué par action s’est établi à 1,18 dollar Le bénéfice dilué par action ajusté a augmenté de 81 % pour atteindre 1,50 dollar Finalisation de l’acquisition de Veoneer Active Safety Révision à… Continue reading Magna annonce ses résultats du deuxième trimestre 2023