Kongsberg Automotive (KA)’s Driveline business unit has won a new contract for actuators worth EUR 26 million in estimated lifetime revenue. The contract is for KA’s electric rotary actuator ARC. The product is used to change drive modes on the transmission as park (P), drive (D), neutral (N), and reverse (R). The three-year contract, within… Continue reading Kongsberg Automotive is awarded a contract worth EUR 26 million in estimated lifetime revenue for a product used in electric vehicles
Author: GlobeNews Newswire
Michelin: Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital
Clermont-Ferrand, March 9th, 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINPartnership Limited by Shares (commandite par actions) having a capital of EUR 357,058,707Registered in the CLERMONT-FERRAND Trade and companies registerunder number 855 200 887Head office: 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand, France Disclosure of the total number of voting rights and of the number of… Continue reading Michelin: Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital
Michelin: Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social
Clermont-Ferrand, le 09 mars 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINSociété en commandite par actionsAu capital de € 357 058 707855 200 887 R.C.S. CLERMONT-FERRANDSiège social : 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand Déclaration du nombre total des droits de vote et du nombre d’actionscomposant le capital social(articles L.233-8 du Code de commerce et… Continue reading Michelin: Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social
Antolin with Women’s Day: Action and Partnerships for Equity and Inclusion
Antolin is working on homogeneous model of equality consistent with the new demands and expectations of the closest environments where it operates. The company is already developing actions, plans and programs that aim to achieve real equality between men and women in the different phases of the employment relationship. In Antolin, about 38% of employees… Continue reading Antolin with Women’s Day: Action and Partnerships for Equity and Inclusion
Magna Announces Senior Notes Offerings
AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”) and one series of Euro denominated senior notes (“Euro senior notes”), as follows: … Continue reading Magna Announces Senior Notes Offerings
Magna Announces CAD Senior Notes Offering
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada,… Continue reading Magna Announces CAD Senior Notes Offering
Visteon Announces $300 Million Share Repurchase Authorization
VAN BUREN TOWNSHIP, Mich., March 07, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized a share repurchase program of $300 million of common stock expiring December 31, 2026. Visteon expects to fund the repurchases through excess cash on hand and future cash flow generation. “We are… Continue reading Visteon Announces $300 Million Share Repurchase Authorization
Magna’s SmartAccess Power Door System Hits the Market in Style
Complete power door system with first-to-market HaptronikTM motion control Market debut on Ferrari Purosangue Redefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna is revolutionizing vehicle access experiences with the launch of its SmartAccessTM power door system on the opposing rear doors of the Ferrari Purosangue. The complete system includes… Continue reading Magna’s SmartAccess Power Door System Hits the Market in Style
Manufacturing expansion in India will supply the US door spring market
In the US, almost every American house has a garage. Therefore, the market for residential overhead garage doors is enormous in this continent. Together with an increasing demand for overhead doors from the industrial building sector, the American door spring market is about four times larger than in Europe, an opportunity where Alcomex, part of… Continue reading Manufacturing expansion in India will supply the US door spring market
Martinrea International Inc. Publishes 2022 Sustainability Report
VAUGHAN, Ontario, March 06, 2023 (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, announced the release of its 2022 Sustainability Report on March 2. This report showcases Martinrea’s performance on Environmental, Social,… Continue reading Martinrea International Inc. Publishes 2022 Sustainability Report