Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032
Author: GlobeNews Newswire
Visteon Announces Second-Quarter 2021 Results
Sales of $610 million; 59% increase Y/Y excluding currency Net loss of $11 million Adjusted EBITDA of $30 million, a Y/Y increase of $33 million Net cash position of $115 million at the end of Q2 First-half new business wins of $3.2 billion Industry’s largest all-digital cluster multi-region program with global OEM Continued global growth… Continue reading Visteon Announces Second-Quarter 2021 Results
Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Wed, Jul 28, 2021 18:52 CET Lesjöfors has today acquired 88 percent of the shares in the Alcomex Group. With the transaction, Lesjöfors gains access to new geographies and a new product area, in line with its ambition to build the leading spring, wire and flat strip component group. Alcomex is a Dutch manufacturer of… Continue reading Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Otonomo Appoints Chief Revenue Officer to Spearhead Growth and Expansion Trajectory
HERZLIYA, ISRAEL, July 27, 2021 (GLOBE NEWSWIRE) — Otonomo Technologies, a leading provider of a pioneering vehicle data platform and marketplace, today announced the appointment of Anders Truelsen as Chief Revenue Officer (CRO). As the newly appointed CRO, Truelsen will build a sustainable sales and revenue pipeline for Otonomo’s next phase of growth and expansion.… Continue reading Otonomo Appoints Chief Revenue Officer to Spearhead Growth and Expansion Trajectory
Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron
KYOTO, Japan, July 21, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter… Continue reading Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron
Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2021
KYOTO, Japan, July 21, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2021. The highlights are as follows: Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit… Continue reading Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2021
Renault Group’s press release: Worldwide sales results 1st half 2021
PRESS RELEASE07/16/2021 Worldwide sales results 1st half 2021 Renault Group’s worldwide sales are up 18.7% in the first half of 2021 compared with 2020. Renault Group confirms the continuation of a selective sales policy favouring growth in profitable volumes. The Renault brand recorded an 18.5% increase. The E-TECH range has been a great success, with… Continue reading Renault Group’s press release: Worldwide sales results 1st half 2021
Grupo Antolin’s Communication on Progress has been acknowledged with the Advanced Level for tenth years in a row
The report describes the objectives set by Antolin, the actions undertaken, and the results achieved in order for it to comply with the Ten Principles of the Global Compact. Through the Advanced level, the United Nations’ Global Compact Office recognizes companies that strive to be top reporters and declare that they have adopted and report on… Continue reading Grupo Antolin’s Communication on Progress has been acknowledged with the Advanced Level for tenth years in a row
AWS and Otonomo Accelerate Vehicle Data-based Innovation with Connected Car Data Collaboration
HERZLIYA, ISRAEL, June 29, 2021 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (Otonomo), provider of a pioneering platform and marketplace for vehicle data, today announced it will utilize Amazon Web Services (AWS) to accelerate vehicle data-based innovation. By integrating Otonomo’s Vehicle Data Platform with AWS’s Connected Mobility Solution, AWS customers in the automotive sector and beyond… Continue reading AWS and Otonomo Accelerate Vehicle Data-based Innovation with Connected Car Data Collaboration
Kongsberg Automotive appoints Frank Heffter as new CFO
Fri, Jun 25, 2021 07:30 CET Zurich, June 25, 2021—Kongsberg Automotive continues to strengthen the leadership team with Frank Heffter joining the company on July 1, 2021. Frank will formally take over as Chief Financial Officer from Norbert Loers effective, July 29, 2021. Frank joins Kongsberg Automotive from OC Oerlikon Corporation, where he was the Head of Group… Continue reading Kongsberg Automotive appoints Frank Heffter as new CFO