Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2020

KYOTO, Japan, Jan. 25, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2020 through December 31, 2020.The highlights are as follows:Nine months net sales stood at record high ¥1,185.0 billion, 2.2% higher Y/Y.… Continue reading Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2020

Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

KYOTO, Japan, Jan. 25, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced an upward revision to its IFRS-based consolidated financial forecasts for the year ending March 31, 2021, previously announced on October 26, 2020.The details are as follows:Revised consolidated financial forecasts (IFRS) for the year ending March 31,… Continue reading Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

Nidec Corporation Files Patent Infringement Lawsuit against Seagate Technology LLC and Its Affiliates concerning Hard Disk Drive Inventions

KYOTO, Japan, Jan. 20, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (Nidec) filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates (Seagate) on January 18, 2021 in the United States District Court for the District of Delaware, alleging that certain of Seagate products infringe Nidec-owned US patents related to hard disk drive (HDD)… Continue reading Nidec Corporation Files Patent Infringement Lawsuit against Seagate Technology LLC and Its Affiliates concerning Hard Disk Drive Inventions

Groupe Renault : Press release strategic plan “Renaulution”

PRESS RELEASEGROUPE RENAULT “RENAULUTION” STRATEGIC PLANBoulogne-Billancourt, January 14, 2021 – Following approval by the Board of Directors, Luca de Meo, CEO Groupe Renault, presents today “Renaulution”, a new strategic plan, which aims to shift Groupe Renault’s strategy from volume to value.This strategic plan is structured in 3 phases that are launched in parallel:“Resurrection”, running up… Continue reading Groupe Renault : Press release strategic plan “Renaulution”

GROUPE RENAULT: PRESS RELEASE – WORLDWIDE SALES 2020

PRESS RELEASE                                                                                WORLDWIDE SALES RESULTS 20201Groupe Renault achieves its CAFE2 objectives, the Renault brand is the electrical leader in EuropeIn a context of the Covid-19 pandemic, the 2020 Groupe Renault worldwide sales totalled 2,949,849 vehicles, down 21.3% in a global automobile market that declined by 14.2%.Groupe Renault confirms that it has achieved its CAFE (passenger… Continue reading GROUPE RENAULT: PRESS RELEASE – WORLDWIDE SALES 2020

Leia Inc., Continental and HERE Technologies to pave the way in bringing freshest 3D maps to vehicles

HERE, Leia and Continental are bringing a cutting-edge navigation experience to automotive OEMs Leia’s Lightfield software allows for the visualization of 3D maps for extended periods of time without the need for adaptive eyewearJanuary 12, 2021CES 2021 – Leia Inc., the leading provider of Lightfield hardware and content services, and winner of two 2021 CES innovation awards for… Continue reading Leia Inc., Continental and HERE Technologies to pave the way in bringing freshest 3D maps to vehicles

HERE releases 3D city models for industries to build reality-based applications and simulations

Precise geospatial data utilized in transportation, logistics, urban planning and government operations, filmmaking, videogame development and AR/VR applicationsCES 2021 – HERE Technologies, the leading location data and technology platform, today unveiled high-fidelity, 3D models of 75 city centers around the world to give software developers the geospatial data needed to build real-world visualizations of cities.… Continue reading HERE releases 3D city models for industries to build reality-based applications and simulations

NIO Partners with NVIDIA to Develop a New Generation of Automated Driving Electric Vehicles

SHANGHAI and SANTA CLARA, Calif., Jan. 09, 2021 (GLOBE NEWSWIRE) — NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities.NIO is working to make consumer… Continue reading NIO Partners with NVIDIA to Develop a New Generation of Automated Driving Electric Vehicles

Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer

Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company’s Chief Executive Officer and as member of the Board of Directors.Ferrari’s Executive Chairman, John Elkann,… Continue reading Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer

Grupo Antolin reports higher EBITDA and operating margins in the third quarter after resisting the COVID-19 crisis

Grupo Antolin has improved its business during the third quarter of the year, after withstanding the biggest crisis experienced by the automotive industry due to the COVID-19 pandemic. The company’s activity has recovered progressively between July and September, thanks to the improvement of the markets since the historic crash in April. Grupo Antolin’s sales in… Continue reading Grupo Antolin reports higher EBITDA and operating margins in the third quarter after resisting the COVID-19 crisis