Category: Official Press Release

@Ford: Ford Power-Up Software Updates to Deliver A More Seamless Amazon Alexa Experience, BlueCruise and More This Year

Ford Power-Up software updates deliver regular vehicle enhancements to Ford owners, turning connected vehicle learnings into continuous quality improvements, new features and capabilities: Ford to produce 33 million vehicles with Power-Up capability by 2028 Ford Power-Up enhancements already have been sent to more than 100,000 2021 F-150 and Mustang Mach-E customers since late March; new… Continue reading @Ford: Ford Power-Up Software Updates to Deliver A More Seamless Amazon Alexa Experience, BlueCruise and More This Year

Randon Reports First Quarter 2021 Results

CAXIAS DO SUL, Brazil, May 13, 2021 /PRNewswire/ — Randon S.A – Implementos e Participações (B3 – RAPT3 and RAPT4), which operates within the segments of trailers, auto parts and services, reports its results for the first quarter of 2021 (1Q2021), ended in March 31, 2021. The financial and operating information of the Company, except… Continue reading Randon Reports First Quarter 2021 Results

@Toyota: Toyota to covertly mark more than 100,000 catalytic converters to combat theft

Toyota (GB) is spending more than £1 million to covertly mark more than 100,000 parts on older cars which could be the target of catalytic converter theft, to help police arrest and charge criminals. The service is free to owners. The theft of catalytic converters has grown hugely in recent years thanks to the significant… Continue reading @Toyota: Toyota to covertly mark more than 100,000 catalytic converters to combat theft

Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025

José Muñoz, Hyundai Motor Company’s Global Chief Operating Officer and President and CEO of Hyundai Motor North America said, “I am excited to make this announcement on behalf of the Hyundai Motor Group. This investment demonstrates our deep commitment to the U.S. market, our dealers and customers. Hyundai will lead the future of mobility in… Continue reading Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025

Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition

AKRON, Ohio, May 13, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of 8- and 10-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes… Continue reading Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition

The Era of Green: Yadea Announces Plans to Invest Over US$150 million in Electric Mobility R&D in 2021

Yadea’s continued investment in R&D comes as environmental protection is at the forefront of global discussions. Earlier this year, member states of the European Union (EU) adopted ambitious new targets to cut carbon emissions by at least 55 percent by 2030, and the United Kingdom has followed suit with radical plans to cut carbon emissions… Continue reading The Era of Green: Yadea Announces Plans to Invest Over US$150 million in Electric Mobility R&D in 2021

World NM: Auto assemblers flexing muscles for another price hike001217

As the auto assemblers anticipate jump in vehicle prices on account of spiralling raw material prices on world markets, another cost pressure has emerged following removal of export tax rebate by China on 146 kinds of steel products from May 1, 2021. When asked whether the rupee’s rising strength against the dollar would offset the… Continue reading World NM: Auto assemblers flexing muscles for another price hike001217

Yifan Li Joins Human Horizons as CFO

Mr. Li is a seasoned finance and accounting executive, and joins Human Horizons from Zhejiang Geely Holding Group (ZGH), a global mobility technology group headquartered in Hangzhou. As Vice President and Chief Financial Officer of the group, Mr. Li was responsible for financial strategy, corporate development and industrial ecology chain, having an integral role in… Continue reading Yifan Li Joins Human Horizons as CFO

World NM: Electric cars may make driving too expensive for middle classes, warns Vauxhall chief001215

Driving could become the preserve of the rich as Britain and other countries around the world impose bans on diesel and petrol cars and embrace electrification, the boss of Vauxhall owner Stellantis has warned. The chief executive, who was speaking at a Financial Times conference, hit out at governments for forcing the automotive industry to switch to electric… Continue reading World NM: Electric cars may make driving too expensive for middle classes, warns Vauxhall chief001215