Magna annonce la résiliation d’un accord de fusion avec Veoneer

Magna a renoncé à une période d’égalisation de quatre jours pour faire une contre-proposition Veoneer s’apprête à payer des frais de résiliation La décision de renoncer souligne l’approche disciplinée de Magna en matière d’évaluation AURORA, Ontario, 14 oct. 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui que le Conseil… Continue reading Magna annonce la résiliation d’un accord de fusion avec Veoneer

Yunex Traffic and HERE expand partnership to create proactive traffic management solutions

Building on the success of data-based traffic management solutions in the UK, Yunex Traffic is expanding its partnership with HERE to improve urban mobility flows globally ITS Hamburg – HERE Technologies, the leading location data and technology platform, and Yunex Traffic, a Siemens Business and a leader in traffic management software and infrastructure, today announced… Continue reading Yunex Traffic and HERE expand partnership to create proactive traffic management solutions

Renault Group: Information to shareholders on the date of the next Renault S.A. Annual General Meeting

Information to shareholders on the date of the next Renault S.A. Annual General Meeting PRESS RELEASEOctober 11th, 2021 Boulogne-Billancourt, October 11th, 2021 – Renault S.A. informs its shareholders that the next Annual General Meeting is scheduled on Wednesday, May 25, 2022. This date will be confirmed by the Company’s Board of Directors which, in February… Continue reading Renault Group: Information to shareholders on the date of the next Renault S.A. Annual General Meeting

Kongsberg Automotive secures contract worth EUR 32 million estimated lifetime revenue

Fri, Oct 08, 2021 07:28 CET Kongsberg Automotive’s Couplings business unit has won a contract with a leading Asian car and commercial vehicle manufacturer worth EUR 32 million in estimated lifetime revenue, and average annual revenue of EUR 5.3 million.  The secured contract for the Raufoss ABC System for compressed air offers optimal air system… Continue reading Kongsberg Automotive secures contract worth EUR 32 million estimated lifetime revenue

Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) and on the New York… Continue reading Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Kongsberg Automotive revises FY 2021 targets

Thu, Sep 23, 2021 20:20 CET Kongsberg Automotive FY 2021 financial guidance revised to account for further semiconductor shortages and related developments in the automotive market. Zurich, September 24, 2021: In light of recent developments in the automotive sector, Kongsberg Automotive’s board of directors has approved new guidance for the company. The company expects a… Continue reading Kongsberg Automotive revises FY 2021 targets

Kongsberg Automotive awarded contract worth EUR 27.2 million estimated lifetime revenue

Wed, Sep 22, 2021 07:30 CET Kongsberg Automotive’s Powertrain and Chassis (P&C) has won a transmission controls contract worth EUR 27.2 million estimated lifetime revenue, and average annual revenue of EUR 3.4 million. The secured contract is for Kongsberg Automotive Automated Manual Transmission (AMT) Shifter and the MT Cable Shifter. Designed for truck and bus… Continue reading Kongsberg Automotive awarded contract worth EUR 27.2 million estimated lifetime revenue

Martinrea International Inc. to Present at the 20th Annual CIBC Eastern Institutional Investor Conference

TORONTO, Sept. 20, 2021 (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 Rob Wildeboer, Executive Chairman, Fred Di Tosto, Chief Financial Officer, and Neil Forster, Director, Investor Relations and Corporate… Continue reading Martinrea International Inc. to Present at the 20th Annual CIBC Eastern Institutional Investor Conference

Fast supply accelerates the gas springs business

Fri, Sep 17, 2021 09:44 CET Lesjöfors’ gas springs business is expanding worldwide. The reasons for this are related to new sales channels and reliable deliveries as well as recovery from last year’s dip in demand caused by corona restrictions. Customers appreciate the high service level greatly. Almost all markets where Lesjöfors offers gas springs… Continue reading Fast supply accelerates the gas springs business

Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue

Wed, Sep 15, 2021 07:58 CET Kongsberg Automotive’s Fluid Transfer Systems (FTS) is pleased to announce the renewal of its relationship with one of the world’s leading suppliers of fuel transfer systems.  FTS has won incremental business and secured an extension contract estimated annualized revenue of EUR 4 million, and estimated lifetime revenue worth EUR… Continue reading Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue