FERRARI N.V.: COMPLETION OF THE FIFTH TRANCHE OF THE DISCLOSED MULTI-YEAR SHARE REPURCHASE PROGRAM AND ANNOUNCEMENT OF THE SIXTH TRANCHE

Maranello (Italy), March 3, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the New York Stock… Continue reading FERRARI N.V.: COMPLETION OF THE FIFTH TRANCHE OF THE DISCLOSED MULTI-YEAR SHARE REPURCHASE PROGRAM AND ANNOUNCEMENT OF THE SIXTH TRANCHE

Ferrari Publishes Agenda for the 2022 Agm  

Maranello (Italy), March 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2022 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 13, 2022, beginning at 11:30 a.m. CEST. To protect the health and safety of all participants… Continue reading Ferrari Publishes Agenda for the 2022 Agm  

Kongsberg Automotive completes the sale of Interior Comfort Systems business unit to Lear Corporation

Zurich, February 28, 2022: Kongsberg Automotive (KA) has completed the sale of its Interior Comfort Systems (ICS) business unit to Lear Corporation (‘Lear’), following the approval by the European Commission on February 25, 2022. The ICS business unit supplies seat climate and comfort systems to major car and seat manufacturers. Lear and KA entered into… Continue reading Kongsberg Automotive completes the sale of Interior Comfort Systems business unit to Lear Corporation

Ferrari Releases Its 2021 Annual Report and Files Annual Report on Form 20-F

 Maranello (Italy), February 25, 2022 – Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2021 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2021, with the United States Securities and Exchange Commission. Ferrari’s 2021 Annual Report and annual report on… Continue reading Ferrari Releases Its 2021 Annual Report and Files Annual Report on Form 20-F

Martinrea International Inc. to Announce Fourth Quarter and Full-Year Results on March 3, 2022

TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the fourth quarter ended December 31, 2021 on Thursday, March 3, 2022 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern… Continue reading Martinrea International Inc. to Announce Fourth Quarter and Full-Year Results on March 3, 2022

Magna Enters Joint Venture With LAN to Assemble Seats in Michigan

JV to assemble complete seats for Ford Production expected to start in the second quarter of 2023 More than 390 new jobs to be created AURORA, Ontario, Feb. 22, 2022 (GLOBE NEWSWIRE) — Today Magna announced it has entered into a joint venture (“JV”) with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The… Continue reading Magna Enters Joint Venture With LAN to Assemble Seats in Michigan

Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

KYOTO, Japan, Feb. 18, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announces the status of the Company’s share repurchases under its repurchase plan in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan. The Company also announces… Continue reading Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

Visteon to Announce Fourth-Quarter and Full-Year 2021 Results on Feb. 17

VAN BUREN TOWNSHIP, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its fourth-quarter and full-year 2021 financial results prior to 7 a.m. ET on Thursday, Feb. 17. The company will host a conference call for the investment community at 9 a.m. ET… Continue reading Visteon to Announce Fourth-Quarter and Full-Year 2021 Results on Feb. 17

Visteon Announces 2021 Financial Results and 2022 Outlook

VAN BUREN TOWNSHIP, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2021 financial results that exceed its previous outlook.   Highlights include: $786 million Q4 net sales; 15% growth-over-market1 Net income of $31 million in Q4 or $1.09 per diluted share Adjusted EBITDA of $92 million, 11.7%… Continue reading Visteon Announces 2021 Financial Results and 2022 Outlook

Jaguar Land Rover Announces Partnership With NVIDIA

As part of Jaguar Land Rover’s Reimagine strategy, partnership will transform the modern luxury experience for customers starting in 2025 Software experts from both companies will jointly develop AI-powered autonomous driving and connected services for all future vehicles built on NVIDIA DRIVE Next-generation safety and unique, brand-focused digital services enabled by NVIDIA AI GAYDON, United… Continue reading Jaguar Land Rover Announces Partnership With NVIDIA