Kongsberg Automotive ASA – Approved prospectus for listing of shares in private placement on Oslo Børs and offer and listing of shares in subsequent offering

Fri, Jul 03, 2020 16:33 CET 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 BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, SELL OR SUBSCRIBE FOR… Continue reading Kongsberg Automotive ASA – Approved prospectus for listing of shares in private placement on Oslo Børs and offer and listing of shares in subsequent offering

Martinrea International Inc. Declares Dividend and Expresses Confidence in the Future

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that it has declared a quarterly cash dividend of $0.05 per share payable to shareholders of record on… Continue reading Martinrea International Inc. Declares Dividend and Expresses Confidence in the Future

Mercedes-Benz and NVIDIA to Build Software-Defined Computing Architecture for Automated Driving Across Future Fleet

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

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