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
Author: GlobeNews Newswire
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
Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), March 6, 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 December 1, 2022, as the second 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
Martinrea International Inc. Reports Record Quarterly Sales, Declares Dividend, and Publishes Sustainability Report
TORONTO, March 02, 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, today announced the release of its financial results for the fourth quarter and year ended December 31, 2022 and declared… Continue reading Martinrea International Inc. Reports Record Quarterly Sales, Declares Dividend, and Publishes Sustainability Report
FERRARI PUBLISHES AGENDA FOR THE 2023 AGM
Maranello (Italy), March 3, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2023 Annual General Meeting of Shareholders (“AGM”), which will be held on April 14, 2023 in Amsterdam, beginning at 9:00 a.m. CEST.Ferrari’s AGM notice and explanatory notes, AGM materials and… Continue reading FERRARI PUBLISHES AGENDA FOR THE 2023 AGM
RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies
Joint Press Release Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies Planned Aramco investment would support development of synthetic fuel solutions, and next-gen hydrogen technologies New company aims to have an annual production capability of more than five million internal combustion, hybrid and… Continue reading RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies
RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions
Communiqué de presse conjoint Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions L’investissement prévu d’Aramco viserait à soutenir le développement de solutions de carburants synthétiques et de technologies d’hydrogène de nouvelle génération. L’établissement de la nouvelle entreprise aura une capacité de production… Continue reading RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions
Ferrari Signs a Partnership With VGW
Maranello (Italy), 2 March 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has signed a multi-year partnership agreement with Virtual Gaming Worlds (VGW), a global technology Company that specializes in the creation of cutting-edge online social games. Under the new multi-year agreement, effective from the first Formula 1… Continue reading Ferrari Signs a Partnership With VGW