Category: Official Press Release

Plugging into electric vehicles facts and fears

With countries like India, France and Britain swearing off the sale of gasoline and diesel cars within 25 years, we’re cruising toward electric-car fueled roads. Prevalent as the vehicles are soon-to-become though, they still remain a mystery to most. If you’ve ever griped about the common task of having to stop and get gas (ahem…… Continue reading Plugging into electric vehicles facts and fears

Opel Launches Voluntary Leave Program

Rüsselsheim. An attractive severance package will be offered from now on to Opel employees of all areas at the German locations, following programs for partial retirement (ATZ) and early retirement (Senior Leave) already implemented since last December…

Parkmobile Launches Parking Availability Feature Making it Easier to Find On-Street Parking

ATLANTA, March 27, 2018 /PRNewswire/ — Parkmobile, LLC, the leading provider of smart parking and mobility solutions in North America, announced today the launch of a new app feature that will show on-street parking availability, making it easier for people to find a parking spot in over 100 cities across the United States. The new Parking… Continue reading Parkmobile Launches Parking Availability Feature Making it Easier to Find On-Street Parking

Dana Offers Superior Value to GKN Shareholders

MAUMEE, Ohio, March 27, 2018 /PRNewswire/ — With a pending deadline for GKN shareholders to determine the future of their company, Dana Incorporated (NYSE: DAN) outlines below why it firmly believes its proposed combination with GKN Driveline offers superior value to GKN shareholders.  Only this combination offers: Significant Shareholder Value Increased cash payment by 8.6… Continue reading Dana Offers Superior Value to GKN Shareholders

GAC Motor Debuts at NADA: Building North American Dealer Network with Successful Dealer Gathering

LAS VEGAS, March 26, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, has made a great first impression with North American auto dealers with its successful debut at the National Automobile Dealers Association Show (NADA), showcasing a star lineup of best-selling vehicles, as well as holding a dealer gathering to draw interest in the company establishing a dealership… Continue reading GAC Motor Debuts at NADA: Building North American Dealer Network with Successful Dealer Gathering

Nissan: Nissan LEAF batteries to light up Japanese town

Streetlights in Namie to be powered by used batteries as part of `The Reborn Light’ project [embedded content] NAMIE, Japan – Nissan and its affiliate 4R Energy Corporation have teamed up with the town of Namie, Japan, to install new streetlights that will be powered by a combination of solar panels and used batteries from the… Continue reading Nissan: Nissan LEAF batteries to light up Japanese town

News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Please click HERE for a PDF version of the release. First BMW Group seat programs in Magna’s history Plant to expand, create additional jobs Magna’s fourth manufacturing plant in South Carolina AURORA, Ontario, March 26, 2018 (GLOBE NEWSWIRE) — For the first time in its history Magna will supply seats to the BMW Group. Company… Continue reading News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Nissan starts exchange program for Nissan LEAF batteries in Japan

YOKOHAMA, Japan –Starting in May, owners of the 100% electric Nissan LEAF can turn in their used batteries and, for a fee, receive refabricated ones. Nissan is using the battery-refabrication capabilities of 4R Energy Corp., a company established through a joint venture with Sumitomo Corp., to offer the program. As demand for electric vehicles grows,… Continue reading Nissan starts exchange program for Nissan LEAF batteries in Japan

Dana Increases Cash Consideration for GKN Driveline by £100 million

MAUMEE, Ohio, March 26, 2018 /PRNewswire/ — In support of strong investor interest in its combination with GKN Driveline, Dana Incorporated (NYSE: DAN) announced today that it has improved the terms of its agreed combination and will also double the size of its share repurchase program. Dana has increased the cash element of consideration by… Continue reading Dana Increases Cash Consideration for GKN Driveline by £100 million