Category: Official Press Release

The rise of warehouse remote working

Warehouse managers can now take advantage of technology that makes it possible for employees to work remotely – and track their assets  without being there. Working from home has become the new normal for many office workers. A recent survey found that even after the pandemic, 74% of workers expect remote working to continue. But… Continue reading The rise of warehouse remote working

Churchill Capital Corp IV Stockholders Approve Lucid Business Combination

NEW YORK, July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a publicly traded special purpose acquisition company, announced that in a special meeting held today, its stockholders voted to approve the proposals required to complete its combination with Lucid Motors (“Lucid”), a leader in EV technology which is… Continue reading Churchill Capital Corp IV Stockholders Approve Lucid Business Combination

Financial Report April – June 2021: Veoneer

STOCKHOLM, July 23, 2021 /PRNewswire/ — Financial Summary – Q2’21 Sequential improvement in operating loss and cash flow despite lower than expected LVP and continued supply chain challenges Net Sales $398 million, Net sales increase 116%, Organic Sales1 108% Active Safety Net Sales increase 149%, Organic Sales increase 140% Operating cash flow $(69) million. Cash… Continue reading Financial Report April – June 2021: Veoneer

@Hyundai: Resolution of Interim Dividend

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title  :  Resolution of Interim Dividend 1. Category : Interim Dividend 2. Type : Cash Settlement 3. Dividend per share(KRW):   – Common Share :1,000  – Preferred Share :  1,000 4. Dividend yield(%):   – Common Share : 0.4  – Preferred Share : 0.9 5. Total dividend… Continue reading @Hyundai: Resolution of Interim Dividend

@Hyundai: Q2 2021 Business Results (Tentative)

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange   Disclosure title   :  Q2 2021 Business Results (Tentative)   * Below figures are tentative results and may differ from final confirmed numbers.     1. K-IFRS Consolidated Business Results    Unit   : KRW million Q2   2021 Q1   2021 QoQ (%) Q2… Continue reading @Hyundai: Q2 2021 Business Results (Tentative)

Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry

Veoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software Enhances Magna’s ADAS systems capabilities and feature functionality AURORA, Ontario and STOCKHOLM, Sweden, July 22, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA)… Continue reading Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry

Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry

 – Veoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position – Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software – Enhances Magna’s ADAS systems capabilities and feature functionality AURORA, Ontario and STOCKHOLM, July 23, 2021 /PRNewswire/ — Magna International Inc. (TSX: MG;NYSE: MGA) and Veoneer,… Continue reading Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry