Ferrari confirms its operational continuity

Maranello (Italy), March 9, 2020 – As is known, on 8 March the Italian government approved a new law in which more preventative measures were introduced for the areas most affected by the COVID19 which is impacting Italy,  whilst still allowing for continued working activity.Maranello is also part of these territories.Ferrari has activated all of… Continue reading Ferrari confirms its operational continuity

Martinrea International Inc. Reports Strong Annual Earnings and Declares Increased Dividend

TORONTO, March 05, 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 the release of its financial results for the year and fourth quarter ended December 31, 2019 and that… Continue reading Martinrea International Inc. Reports Strong Annual Earnings and Declares Increased Dividend

Ferrari publishes agenda for the 2020 AGM

Maranello (Italy), March 4, 2020 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that it has published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (“AGM”), which will take place on April 16, 2020 in Amsterdam.Ferrari’s AGM notice and explanatory notes and other AGM materials are available under the… Continue reading Ferrari publishes agenda for the 2020 AGM

Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.

TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc., 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 it has completed the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. The purchase price… Continue reading Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.

Pony.ai Raises $400 Million from Toyota to Accelerate Autonomous Driving Development

FREMONT, Calif., Feb. 25, 2020 (GLOBE NEWSWIRE) — Pony.ai, an autonomous driving company, announces today that it has raised $400 million from Toyota Motor Corporation to deepen and expand the two companies’ collaboration in mobility services. The investment comes as an extension of a business partnership that was formed between Pony.ai and Toyota in 2019.… Continue reading Pony.ai Raises $400 Million from Toyota to Accelerate Autonomous Driving Development

ON Semiconductor and Pony.ai Collaboration on Next-Gen Image Sensing and Processing Technologies for Autonomous Vehicles

FREMONT, Calif., Jan. 06, 2020 (GLOBE NEWSWIRE) — ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, and Pony.ai, a leading autonomous driving technology company, announced today that they will collaborate on developing next-generation image sensing and processing technologies for machine vision to enhance the reliability and scalability of mass-produced autonomous vehicles.Pony.ai is working to revolutionize… Continue reading ON Semiconductor and Pony.ai Collaboration on Next-Gen Image Sensing and Processing Technologies for Autonomous Vehicles

Ferrari N.V.: informativa periodica sull’acquisto di azioni proprie

Maranello (Italia), 2 marzo 2020 – Ferrari N.V. (“Ferrari” o la “Società”) (NYSE/MTA: RACE) annuncia, nell’ambito della terza tranche del programma di acquisto di azioni proprie annunciata in data 14 novembre 2019 (“Terza Tranche”), di avere acquistato sul Mercato Telematico Azionario (MTA) le ulteriori azioni ordinarie sotto riportate su base giornaliera, in forma aggregata:Dall’annuncio della… Continue reading Ferrari N.V.: informativa periodica sull’acquisto di azioni proprie

RENAULT: Communication optimization plan

COMMUNICATIONBoulogne-Billancourt, February 28, 2020,Following its recent publications, Groupe Renault would like to point out that, the optimization plan, mentioned during the 2019 annual results’ release, and with the ambition of reducing structural costs by at least 2 billion euros over the next 3 years, remains at this stage in preparation to specify the necessary measures,… Continue reading RENAULT: Communication optimization plan

Kongsberg Automotive – Annual Report 2019

Thu, Feb 27, 2020 07:30 CET Kongsberg Automotive ASA Annual Report 2019 follows attached. Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of approx. EUR 1.1 billion and approximately 10.900 employees in 19 countries, Kongsberg Automotive is… Continue reading Kongsberg Automotive – Annual Report 2019

Kongsberg Automotive reports Q4 2019 results

Thu, Feb 27, 2020 07:30 CET Kongsberg Automotive ASA Q4 2019 Report and Presentation follow attached. Q4 2019 Highlights: Revenues declined by MEUR 7.5 (-2.6%) YoY to MEUR 280.8. This includes positive FX effects of MEUR 1.8. On a fixed exchange rate basis, our revenues declined by 3.2% YoY. In Q4 we experienced strongly declining… Continue reading Kongsberg Automotive reports Q4 2019 results