Michelin: Standard & Poor’s upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook

Clermont-Ferrand, April 1, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Standard & Poor’s upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook On March 31, 2025, Standard & Poor’s has upgraded Michelin’s (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) Long-Term Issuer Default Rating (IDR) rating from ‘A-’ to ‘A’,… Continue reading Michelin: Standard & Poor’s upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook

Michelin : Standard & Poor’s rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable

Clermont-Ferrand, 1er avril 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Standard & Poor’s rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable Le 31 mars 2025, Standard & Poor’s a rehaussé la note IDR (Issuer Default Rating) à long terme de Michelin (Compagnie Générale des Etablissements Michelin… Continue reading Michelin : Standard & Poor’s rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable

Kongsberg Automotive wins a contract extension worth EUR 58 million in estimated lifetime revenue

Kongsberg, March 31, 2024: Kongsberg Automotive (KA) has secured an extension of the air brake fittings (KA Raufoss ABC™ System) contract worth over EUR 58 million in estimated lifetime revenue.  The four-and-a-half-year contract, which starts in April 2025, is for the KA Raufoss ABC™ System. The lightweight, durable, and eco-friendly system from KA offers optimized… Continue reading Kongsberg Automotive wins a contract extension worth EUR 58 million in estimated lifetime revenue

Renault Group and Nissan announce new strategic projects

PRESS RELEASEMarch 31, 2025 Renault Group and Nissan announce new strategic projects Renault Group and Nissan today announced new strategic projects: Renault Group would own 100% of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51%-shareholding currently held by Nissan. This project represents a key opportunity for Renault to expand its international business.… Continue reading Renault Group and Nissan announce new strategic projects

Renault Group et Nissan annoncent de nouveaux projets stratégiques

Communiqué de presse31 mars 2025 Renault Group et Nissan annoncent de nouveaux projets stratégiques Renault Group et Nissan annoncent aujourd’hui de nouveaux projets stratégiques :   Renault Group détiendrait 100 % de Renault Nissan Automotive India Private Ltd (RNAIPL), grâce à l’acquisition de la participation de 51 % actuellement détenue par Nissan. Ce projet représente une opportunité… Continue reading Renault Group et Nissan annoncent de nouveaux projets stratégiques

Michelin: TBC Corporation to divest its Midas franchise network to focus on core businesses

Clermont-Ferrand, March 31, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN TBC Corporation to divest its Midas franchise networkto focus on core businesses Compagnie Générale des Établissements Michelin (“Michelin”) jointly operates TBC Corporation (“TBC”), a U.S. based tire distribution company and franchisor, with Sumitomo Corporation. On March 31, 2025, TBC entered into an agreement to divest its… Continue reading Michelin: TBC Corporation to divest its Midas franchise network to focus on core businesses

Michelin : TBC Corporation cède son réseau de franchise Midas et se concentre sur ses activités cœur

Clermont-Ferrand, le 31 mars 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN TBC Corporation cède son réseau de franchise Midas et se concentre sur ses activités cœur La Compagnie Générale des Établissements Michelin (« Michelin ») opère, conjointement avec Sumitomo Corporation, la société TBC Corporation (« TBC »), spécialisée dans la distribution de pneumatiques et franchiseur, basée aux États-Unis. Le… Continue reading Michelin : TBC Corporation cède son réseau de franchise Midas et se concentre sur ses activités cœur

Magna Posts 2024 Annual Report

AURORA, Ontario, March 28, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2024 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2024 Annual Report

Erik Magelssen appointed CFO of Kongsberg Automotive

Kongsberg, March 27, 2025: Erik Magelssen has been appointed as the new CFO of Kongsberg Automotive (KA). Magelssen was KA’s CFO from 1999-2006, where he led three major acquisitions and two refinancing processes. KA achieved significant growth in revenue and profitability in this period, both organically and through successfully integrated acquisitions. He also successfully led… Continue reading Erik Magelssen appointed CFO of Kongsberg Automotive

Kongsberg Automotive releases Annual Report 2024

Kongsberg, March 27, 2025: Kongsberg Automotive (KA) announces the publication of its Annual Report 2024.  The Annual Report 2024 is available on KA’s website and as an attachment to this release.  Investor relations and media contacts:investor.relations@ka-group.com Therese Sjöborg Skurdal – Director Group Marketing & Communicationstherese.skurdal@ka-group.com+47 982 14 059 About Kongsberg Automotive ASAKongsberg Automotive provides cutting-edge technology to the global… Continue reading Kongsberg Automotive releases Annual Report 2024