STUTTGART, Germany and SANTA CLARA, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Mercedes-Benz, one of the largest manufacturers of premium passenger cars, and NVIDIA, the global leader in accelerated computing, plan to enter into a cooperation to create a revolutionary in-vehicle computing system and AI computing infrastructure. Starting in 2024, this will be rolled out… Continue reading Mercedes-Benz and NVIDIA to Build Software-Defined Computing Architecture for Automated Driving Across Future Fleet
Author: GlobeNews Newswire
Groupe Renault : availability of sales figures for May 2020
Communication about availability – Renault sales figures for May 2020Boulogne, June 17, 2020Renault announces that its sales figures report for May 2020 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’. AttachmentAvailability RENAULT Sales Go to Source
Magna annonce une offre de billets de premier rang
AURORA, Ontario, 17 juin 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir conclu une convention de prise ferme prévoyant l’émission pour un capital total de 750 millions USD de ses billets non garantis de premier rang conformément à une déclaration d’enregistrement effective préalablement déposée auprès de la Securities and Exchange… Continue reading Magna annonce une offre de billets de premier rang
Kongsberg Automotive: OSE notification regarding EGM
Mon, Jun 15, 2020 11:11 CET KONGSBERG AUTOMOTIVE ASA – ALL RESOLUTIONS PASSED BY THE EXTRAORDINARY GENERAL MEETING NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD… Continue reading Kongsberg Automotive: OSE notification regarding EGM
Kongsberg Automotive Renegotiated Terms for its Revolving Credit Facility
Sun, Jun 14, 2020 21:43 CET Kongsberg Automotive (the “Company”) has renegotiated certain terms of its Euro 70 million revolving credit facility (“RCF”) with its banks, Danske Bank and J P Morgan. Under this relief agreement (“Relief Agreement”), the Company can utilize 80% of its RCF line without being subject to the NIBD/EBITDA covenant testing.… Continue reading Kongsberg Automotive Renegotiated Terms for its Revolving Credit Facility
Otonomo and Fiat Chrysler Automobiles to Collaborate on Increasing Car Data Utilization in the European Union
Hertzliya, Israel, June 09, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform, today announced the signature of an agreement with Fiat Chrysler Automobiles (FCA) to get de-identified, aggregated data from FCA connected vehicles in Europe to deliver new use cases such as advanced mapping, advanced traffic management and planning, and smart city… Continue reading Otonomo and Fiat Chrysler Automobiles to Collaborate on Increasing Car Data Utilization in the European Union
Groupe Renault : Finalization of a €5 Billion Credit Facility Agreement With a Guarantee of the French State
PRESS RELEASEGROUPE RENAULT ANNOUNCES THE FINALIZATION OF A €5 BILLION CREDIT FACILITY AGREEMENT WITH A GUARANTEE OF THE FRENCH STATEBoulogne-Billancourt, on June 3rd, 2020 – Groupe Renault announces the finalization of a credit facility agreement with a banking pool, for a maximum total amount of €5 billion benefiting from a guarantee of the French State.This… Continue reading Groupe Renault : Finalization of a €5 Billion Credit Facility Agreement With a Guarantee of the French State
Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
June 2, 2020Amsterdam and Tokyo – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan have completed their joint acquisition of a 30% ownership stake in the company, after receiving regulatory approvals.HERE welcomes MC and NTT as strategic investors. The two companies have co-invested in HERE via… Continue reading Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
GROUPE RENAULT : Nissan contribution to Renault’s Q1 2020 earnings
May 28th, 2020Nissan contributes -€3,573 million for first quarter 2020 to Renault’s earningsNissan released today its results for the fourth quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2019/2020 (January 1st to March 31th, 2020) will have a… Continue reading GROUPE RENAULT : Nissan contribution to Renault’s Q1 2020 earnings
Ferrari Announces Settlement of its Notes offering
Maranello (Italy), 27 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces the settlement of the offering, previously announced, of Euro 650 million in aggregate principal amount of 1.500% notes due in May 2025, with an issue price of 98.898% (the “Notes”). The net proceeds of the offering were approximately Euro 641 million after payment of… Continue reading Ferrari Announces Settlement of its Notes offering