The trade union of South Korean automaker Hyundai Motor said its members have accepted a pay deal and will not go on strike. Since its formation in 1987, the union has staged strikes every year up to 2008, except in 1994. Originally, the union had threatened to go on strike, requesting 30 percent of Hyundai’s… Continue reading World NM: Hyundai union votes to accept wage deal, won’t strike001413
Category: Official Press Release
21:00 ETDana and Switch Mobility Partner on Electrified Commercial VehiclesDana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsi…
MAUMEE, Ohio, and LEEDS, U.K., July 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. (‘Switch Mobility’ or ‘the company’), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement between… Continue reading 21:00 ETDana and Switch Mobility Partner on Electrified Commercial VehiclesDana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsi…
Dana and Switch Mobility Partner on Electrified Commercial Vehicles
MAUMEE, Ohio, and LEEDS, U.K., July 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. (‘Switch Mobility’ or ‘the company’), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement between… Continue reading Dana and Switch Mobility Partner on Electrified Commercial Vehicles
@Daimler: Increase in online counterfeit products: Daimler is fighting the trade in fake replacement parts
Over 1.7 million counterfeit Daimler products confiscated in 2020. The online trade in fake parts has greatly increased owing to the pandemic. Low prices and dubious sources are often indicators of counterfeiting Stuttgart – Counterfeit products are not only illegal, they also endanger the health and safety of car drivers and other road users. This… Continue reading @Daimler: Increase in online counterfeit products: Daimler is fighting the trade in fake replacement parts
Uber: Additional research shows Uber’s role in reducing drunk driving nationwide
By: Kristin Smith, Head of Global Road Safety Policy Impaired driving is one of the deadliest crimes in America — approximately one-third of all traffic fatalities involve alcohol. We have seen the impact impaired driving has on communities and how ridesharing can help solve this problem. Last month, the Journal of American Medical Association published… Continue reading Uber: Additional research shows Uber’s role in reducing drunk driving nationwide
@Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143
Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading @Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143
@Toyota: Sales, Production, and Export Results for the First Half of 2021
Toyota Motor Corporation (TMC) announces its sales, production, and export results for June 2021 as well as the cumulative total from January to June, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. Go to Source
Visteon Announces Second-Quarter 2021 Results
Sales of $610 million; 59% increase Y/Y excluding currency Net loss of $11 million Adjusted EBITDA of $30 million, a Y/Y increase of $33 million Net cash position of $115 million at the end of Q2 First-half new business wins of $3.2 billion Industry’s largest all-digital cluster multi-region program with global OEM Continued global growth… Continue reading Visteon Announces Second-Quarter 2021 Results
World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001410
Ford has been stockpiling vehicles for some time now, as the American automaker is no stranger to the global chip shortage. According to chief financial officer John Lawler, the Blue Oval still has 60,000 to 70,000 vehicles waiting for semiconductors. Once those parts are fitted, the vehicles will be ready for delivery. In early July,… Continue reading World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001410
ALYI Previews Upcoming Multimedia Communication Campaign Featuring Electric Motorcycle Pilot Launched Earlier This Month
DALLAS, July 29, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today published a report from the CEO, Randell Torno, on the company’s electric motorcycle pilot launched earlier this month. The report is included in it’s entirety below: CEO Electric Motorcycle Pilot Report As this pilot report update is being published, I should be… Continue reading ALYI Previews Upcoming Multimedia Communication Campaign Featuring Electric Motorcycle Pilot Launched Earlier This Month