DEARBORN, Mich., November 19, 2021 – Ford Motor Company (“Ford” or the “Company”) announced today the consideration payable in connection with its previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July 2031,… Continue reading @Ford: Ford Motor Company Announces Accepted Amounts and Pricing of Cash Tender Offers
Category: Official Press Release
An Elevated Experience: Xpeng G9 Takes EV Innovation Higher with NVIDIA DRIVE Orin
You don’t need a private plane to be at the forefront of personal travel. Electric automaker Xpeng took the wraps off the G9 SUV this week at the international Auto Guangzhou show in China. The intelligent, software-defined vehicle is built on the high-performance compute of NVIDIA DRIVE Orin and delivers AI capabilities that are continuously… Continue reading An Elevated Experience: Xpeng G9 Takes EV Innovation Higher with NVIDIA DRIVE Orin
@Toyota: Mobility 54 Investment SAS invests in Zembo – engaging in assembly, distribution and battery swap business for electric motorcycles in Uganda- Contributing to carbon neutrality in Africa under partnership with Zembo –
Mobility 54 Investment SAS (“Mobility 54”) – the corporate venture capital (“CVC”) subsidiary of Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – decided to invest in Zembo SAS (“Zembo”) – engaging in assembly, distribution and battery swap business for electric motorcycles in Uganda. Go to Source
DENSO Receives Automotive Innovation Award for Collaboration with Ford Motor Company on Respirator Components
SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ — Ford Motor Company and DENSO have received an Automotive Innovation Award from the Society of Plastics Engineers’ (SPE) Automotive Division. They earned the honor for their alliance to produce respirators for frontline workers battling COVID-19. It was a project that represented unprecedented mobilization across the companies to ramp up new… Continue reading DENSO Receives Automotive Innovation Award for Collaboration with Ford Motor Company on Respirator Components
Michelin acquires AirCaptif, a specialist in ultralight inflatable structures
Michelin acquires AirCaptif, a specialist in ultralight inflatable structures AirCaptif, a French startup with an innovative know-how, and a specialist in ultralight inflatable structures A confirmed desire by the Group to invest in France, in extremely innovative fields that create jobs. Michelin has acquired 100% ownership of the company AirCaptif, an innovative French startup with… Continue reading Michelin acquires AirCaptif, a specialist in ultralight inflatable structures
@Ford: Fostering the Future of Ford: Clemson University Reveals First AV Prototype
While Clemson students were responsible for designing the vehicle and creating an innovative user experience for a rider, an additional team of students from the Transportation Design Department at College for Creative Studies (CCS) in Detroit were key to bringing the self-driving concept vehicle design to life from the interior to the exterior including the… Continue reading @Ford: Fostering the Future of Ford: Clemson University Reveals First AV Prototype
@Ford: Ford Motor Company Announces Debt Reduction of $7.6 Billion Through Early Results, Upsizing and Settlement Date for Cash Tender Offers and Planned Redemption of its Remaining 8.500% Notes due April 2023
DEARBORN, Mich., November 19, 2021 – Ford Motor Company (“Ford” or the “Company”) announced today the early tender results and upsizing of its previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July… Continue reading @Ford: Ford Motor Company Announces Debt Reduction of $7.6 Billion Through Early Results, Upsizing and Settlement Date for Cash Tender Offers and Planned Redemption of its Remaining 8.500% Notes due April 2023
Bridgestone Announces Plans to Expand Americas Technology Center Campus with New Test Track Facility
The new tire testing facility will support ongoing research and play an indispensable role in the tire development work taking place across the Akron campus by allowing teammates the opportunity to drive prototypes firsthand and quickly understand the performance enhancements necessary for the tires they are designing. The track will also supplement comprehensive tire testing operations… Continue reading Bridgestone Announces Plans to Expand Americas Technology Center Campus with New Test Track Facility
ZF and CATL Join Forces for an Optimal Aftermarket Service in E-Mobility and Energy Storage
ZF and CATL signed a global strategic partnership agreement to push forward cooperation in aftermarket services The partnership will improve the core competitiveness of both ZF and CATL in e-mobility Both sides will play a greater role globally in building up sustainable automotive & industrial ecosystem NINGDE, China, Nov. 19, 2021 /PRNewswire/ — On November… Continue reading ZF and CATL Join Forces for an Optimal Aftermarket Service in E-Mobility and Energy Storage
Lear Corporation Announces Early Results of Previously Announced Cash Tender Offer
SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ — Lear Corporation (“Lear”, NYSE: LEA) announced today the early results of the previously announced cash tender offer (the “Tender Offer”) for up to $200,000,000 (the “Maximum Amount”) of its 3.800% Senior Notes due 2027 (“Notes”). The Maximum Amount represents the principal amount of Notes subject to the Tender Offer… Continue reading Lear Corporation Announces Early Results of Previously Announced Cash Tender Offer