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
Category: Official Press Release
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
Lynk & Co Announces European Launch Plans
GOTHENBURG, Sweden, March 26, 2018 /PRNewswire/ — Lynk & Co, the global connected and shareable mobility brand, confirms its home territories roll-out with a series of announcements across Europe this week. LYNK & CO Announces European Launch Plans (PRNewsfoto/LYNK & CO) LYNK & CO Announces European Launch Plans (PRNewsfoto/LYNK & CO) (Photo: https://mma.prnewswire.com/media/658842/LYNK_CO_02.jpg ) (Photo:… Continue reading Lynk & Co Announces European Launch Plans
Nissan: Nissan announces executive management changes
Gianluca de Ficchy is appointed senior vice president and chairman of the management committee for Nissan in Europe YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced the following executive appointment effective April 1, 2018. Gianluca de Ficchy, CEO of RCI Bank and Services, is appointed senior vice president and chairman of the management committee for… Continue reading Nissan: Nissan announces executive management changes
RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
WATERLOO, ON, March 26, 2018 /PRNewswire/ – RideCo, a leading provider of microtransit technology announced the successful deployment of its platform to enable Grab’s services. Following the successful completion of a trial in Singapore, the two companies have entered into an expanded agreement for RideCo’s platform to power Grab’s dynamic shuttle bus and van businesses.… Continue reading RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
Seeing is Believing (with great LiDAR) — Blackmore Joins the Toyota AI Ventures Portfolio
I’ve spoken at length about the future of autonomous vehicles and when we can expect to see them in our driveways and on our ride shares. There are many challenges that must be met on our way to full autonomy but, luckily, there are startups willing to meet these tough challenges with creative, disruptive solutions.… Continue reading Seeing is Believing (with great LiDAR) — Blackmore Joins the Toyota AI Ventures Portfolio