Category: Official Press Release

@Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…

(Hethel, UK – 17 May 2021) – Group Lotus announces that Mark Farries has been appointed Chief Financial Officer (CFO), replacing incumbent, Robert Gong, who is returning to Geely’s HQ in China (Lotus majority shareholder).  Farries, 44, joined Lotus earlier this year as Head of Commercial Finance. He brings a wealth of international experience from… Continue reading @Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…

@FCA: Stellantis and Foxconn to Announce Strategic Partnership

Invitation to a press conference call and webcast Stellantis and Foxconn to Announce Strategic Partnership Amsterdam, Taipei, May 17, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) and Hon Hai Precision Industry Co., Ltd., (“Foxconn”) (TPE: 2317), together with its subsidiary FIH Mobile Ltd., (“FIH”) (HKG:2038), will announce a new strategic… Continue reading @FCA: Stellantis and Foxconn to Announce Strategic Partnership

UAW Rejects Tentative Agreement with Volvo Trucks North America

GREENSBORO, N.C., May 16, 2021 /PRNewswire/ — Volvo Trucks North America today announced that employees represented by the United Auto Workers (UAW) rejected a new five-year labor agreement covering approximately 2,900 members of UAW Local #2069 at the New River Valley truck assembly operations in Dublin, Virginia. The company has been informed that UAW-represented employees… Continue reading UAW Rejects Tentative Agreement with Volvo Trucks North America

16:45 ETDana Prices €325 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that its wholly-owned subsidiary, Dana Fi…

MAUMEE, Ohio, May 14, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana“) today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., has priced its offering of €325 million aggregate principal amount of 3.000% Senior Notes due 2029 (the “2029 Notes”).  The 2029 Notes will be fully and unconditionally guaranteed by Dana. The company intends to allocate… Continue reading 16:45 ETDana Prices €325 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that its wholly-owned subsidiary, Dana Fi…

Goodyear Announces Pricing of $1.45 Billion of Senior Notes in Connection With Planned Cooper Tire Acquisition

AKRON, Ohio, May 14, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has priced its private offering to eligible purchasers of $850 million aggregate principal amount of senior notes due 2029 (the “2029 notes”) and $600 million aggregate principal amount of senior notes due 2031 (the “2031 notes,” and together… Continue reading Goodyear Announces Pricing of $1.45 Billion of Senior Notes in Connection With Planned Cooper Tire Acquisition

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

TOKYO, May 14, 2021 /PRNewswire/ — Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2 billion yen due primarily to control of selling, general… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation‘, the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience. Utilizing its class leading H-SOA electrical architecture and the newly designed theatre-style booth,… Continue reading Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show