Scuderia Ferrari and Banco Santander Back Together Again, With a New Multi-Year Agreement

Maranello, 21 December 2022 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) is pleased to announce that, as from next season, Banco Santander will be a team Premium Partner, reviving a collaboration that it previously enjoyed with the Maranello team from 2010 to 2017. The partnership, covering multiple years, will see the bank’s logo… Continue reading Scuderia Ferrari and Banco Santander Back Together Again, With a New Multi-Year Agreement

Visteon Delivers Connected, Electrified Driving Experiences to CES 2022

Marking its 22nd year as a CES exhibitor, Visteon establishes its CES 2022 home at the Paris Hotel Las Vegas Meeting and Convention Center Demonstrations and displays to showcase electrification technologies, advanced display solutions, and intelligent digital cockpit systems Visteon technologies set new benchmarks for modern, intelligent cockpit experiences in production vehicles VAN BUREN TOWNSHIP,… Continue reading Visteon Delivers Connected, Electrified Driving Experiences to CES 2022

NVIDIA to Unveil Latest Accelerated Computing Breakthroughs in Virtual Special Address During CES

SANTA CLARA, Calif., Dec. 16, 2021 (GLOBE NEWSWIRE) — NVIDIA today announced that it will deliver a special address during CES on Jan. 4, 2022, at 8 a.m. Pacific time. Jeff Fisher, senior vice president of GeForce, and Ali Kani, vice president and general manager of Automotive, will present the latest breakthroughs in accelerated computing… Continue reading NVIDIA to Unveil Latest Accelerated Computing Breakthroughs in Virtual Special Address During CES

PayByPhone Brings a Better Parking Experience to The City of Asbury Park, New Jersey

Vancouver, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) — Residents and visitors of The City of Asbury Park, New Jersey, will now have another contactless parking experience thanks to PayByPhone.  The leading global provider of mobile parking payment solutions, is expanding to over 3000 parking spaces across the city. PayByPhone offers not only a mobile… Continue reading PayByPhone Brings a Better Parking Experience to The City of Asbury Park, New Jersey

Lesjöfors expands in the US market through the acquisition of Plymouth Spring

Fri, Dec 10, 2021 18:04 CET Lesjöfors has acquired the assets and operations of Plymouth Spring Company, Inc., a US-based manufacturer of industrial springs. The acquisition is another step in Lesjöfors’s ambition to consolidate the industrial springs market and marks an expansion in the US market where it sees potential for further growth, both organic… Continue reading Lesjöfors expands in the US market through the acquisition of Plymouth Spring

Corr* : Kongsberg Automotive announced a 10% buy back of shares at their Capital Markets Day

Thu, Dec 09, 2021 18:06 CET Kongsberg Automotive has today held its Capital Markets Day, where CEO Joerg Buchheim and CTO Dr. Christian Amsel presented the company’s plans for the future. Key highlights of the presentation were: The Shift Gear program is progressing well, has helped to offset effects of the supply chain situation, and… Continue reading Corr* : Kongsberg Automotive announced a 10% buy back of shares at their Capital Markets Day

Capital Markets Day presentation 2021

Thu, Dec 09, 2021 13:12 CET Follow the link to participate in the live webcast of Capital Markets Day at 13:15 from Oslo: Kongsberg Automotive – Capital Markets Day 2021 (royalcast.com) You can find the Capital Markets Day presentation attached. Go to Source

Prominent Russian automotive award to Lesjöfors

Tue, Dec 07, 2021 07:30 CET In November, the Lesjöfors brand won the World Automotive Component WAC (Russia MAK) 2021 award for “contribution to the development of the automotive components industry”. More than 5,000 people at the auto component exhibitions in St. Petersburg, Moscow and Yekaterinburg voted for the nominees. There was also a separate… Continue reading Prominent Russian automotive award to Lesjöfors

Kongsberg Automotive’s Couplings business unit looks to future growth

Fri, Dec 03, 2021 08:28 CET Kongsberg Automotive’s Couplings business unit is expanding by 900 sq meters in Raufoss. This expansion is part of the growth strategy—Couplings is looking to double its turnover in four years and quadruple by 2030. Raufoss is the center for the research and development of compressed air couplings. Raufoss’ team… Continue reading Kongsberg Automotive’s Couplings business unit looks to future growth

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

KYOTO, Japan, Nov. 18, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors… Continue reading Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation