Category: Official Press Release

UPDATE 3-T-Mobile agrees to acquire Sprint for $26 bln

(Reuters) – T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in a $26 billion all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers. Smartphones with the logos of T-Mobile and Sprint are seen in this illustration… Continue reading UPDATE 3-T-Mobile agrees to acquire Sprint for $26 bln

McLaren Group continues corporate simplification

Following the merger of McLaren Automotive and McLaren Technology Group in July 2017 to enhance synergies, the McLaren Group has announced several further developments in the company’s operational structure to bring greater efficiency and simplification to the business. Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman, explained: “The work of the past year… Continue reading McLaren Group continues corporate simplification

Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results

Please click HERE for a PDF version of the release. AURORA, Ontario, April 27, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)   ANNUAL MEETING OF SHAREHOLDERS THURSDAY – MAY 10, 2018 10:00 AM ET   HILTON TORONTO/MARKHAM SUITES CONFERENCE CENTRE 8500 Warden Avenue, Markham, Ontario, Canada Webcast:   www.magna.com   FIRST QUARTER 2018… Continue reading Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results

Solid-State LiDAR from Magna & Innoviz for BMW Group

On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and its partner, Innoviz Technologies, will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms. Magna and its partner, Innoviz Technologies, will… Continue reading Solid-State LiDAR from Magna & Innoviz for BMW Group

Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal Fourth Quarter And The Fiscal Year Ended March 31, 2018

TOKYO, April 27, 2018 /PRNewswire/ — Honda Motor Co., Ltd. (NYSE: HMC) today announced its consolidated financial results for the fiscal fourth quarter ended March 31, 2018. Fourth Quarter Results Honda’s consolidated profit for the period attributable to owners of the parent for the fiscal fourth quarter ended March 31, 2018 totaled JPY 107.7 billion,… Continue reading Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal Fourth Quarter And The Fiscal Year Ended March 31, 2018

April 26 Suzuki March 2018 and Fiscal 2017 Automobile Production, Japan Sales, and Export Figures (Preliminary)

  March2018(units) Year-on-Year Year-on-Year Trends Jan.–Mar.2018(units) Year-on-Year Japanproduction 91,359 94.8% Down for the second consecutive month 254,030 93.9% Overseasproduction 224,292 110.9% Up for the 15th consecutive month 643,963 108.9% Globalproduction 315,651 105.7% Up for the 15th consecutive month 897,993 104.2%

2017 annual audited accounts (including the management declaration)

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Autoliv – Financial Report January – March 2018

STOCKHOLM, April 27, 2018 /PRNewswire/ — For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter 2017, and record gross profit of $579 million. Quarterly organic sales* grew… Continue reading Autoliv – Financial Report January – March 2018

Financial Report January – March 2018

Fri, Apr 27, 2018 12:00 CET Record sales and gross profit, again  (Stockholm, Sweden, April 27, 2018) – For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter… Continue reading Financial Report January – March 2018