Category: Official Press Release

HOPIUM Announces The Success Of Its Capital Increase By Private Placement For An Amount Of 5 Million Euros

PARIS, Feb. 4, 2021 /PRNewswire/ — HOPIUM (FR0014000U63 / symbol: MLHPI), French car manufacturer of high-end hydrogen vehicles, announces today the success of its capital increase carried out with cancellation of shareholders’ preferential subscription rights for a final amount of € 5 million with a limited circle of investors, in accordance with article L.411-2 I of… Continue reading HOPIUM Announces The Success Of Its Capital Increase By Private Placement For An Amount Of 5 Million Euros

Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman

BASEL, Switzerland, Feb. 4, 2021 /PRNewswire/ — Innolith AG today announces that Stefan M. Knupfer, a McKinsey Senior Partner, has been appointed to the Board of Innolith AG in the position of Chairman of the Board. He takes over from Konstantin Solodovnikov, who will continue serving on the Board of Innolith AG and in his… Continue reading Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman

Allison Transmission Awarded $3.6 Million Engineering Contract to Maintain Superior Performance of the Abrams Powertrain

INDIANAPOLIS–(BUSINESS WIRE)–The U.S. Army selected Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, to undertake an engineering program that builds upon previous analysis and evaluates the X1100-3B1 transmission and final drive changes necessary to expand the Abrams’ performance edge in speed, cruising range and durability.… Continue reading Allison Transmission Awarded $3.6 Million Engineering Contract to Maintain Superior Performance of the Abrams Powertrain

@Ford: Ford Performance Reveals the Future of Built Wild Off-Road Racing, Bronco 4600 Race Truck Set to Run in ULTRA4 Stock Class

Ford Performance unveils the future of Built Wild™ off-road racing at King of the Hammers – Bronco 4600 stock class race vehicle to compete alongside Bronco 4400 unlimited 4x4s in the ULTRA4 off-road series All-new Bronco race vehicles will be built from factory stock Bronco two-door SUV chassis and powered by race-bred 2.7-liter EcoBoost® V6… Continue reading @Ford: Ford Performance Reveals the Future of Built Wild Off-Road Racing, Bronco 4600 Race Truck Set to Run in ULTRA4 Stock Class

@Daimler: Daimler plans separation

Intention to split Daimler’s industrial businesses and establish two independent pure-play companies Spin-off and separate listing of Daimler Truck planned Significant majority stake to be distributed to current Daimler shareholders Intention to rename Daimler as Mercedes-Benz at the appropriate time Mercedes-Benz will be the world’s pre-eminent luxury car business, committed to leading in electric drive… Continue reading @Daimler: Daimler plans separation

@GM: General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants February 3, 2021

General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants “Semiconductor supply for the global auto industry remains very fluid. Our supply chain organization is working closely with our supply base to find solutions for our suppliers’ semiconductor requirements and to mitigate impacts on GM. Despite our mitigation efforts, the… Continue reading @GM: General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants February 3, 2021

@Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game

60-second and five-second spots highlight company’s belief in Respect for People PLANO, Texas (February 3, 2021) – Toyota Motor North America (TMNA) returns to advertise in the Big Game with a 60-second ad that shares an uplifting message of hope and strength, as well as a five-second “billboard” that encourages people to think about the… Continue reading @Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game

@Toyota: GT86 Has Left the Showroom: Toyota’s Sports Car King Bids Farewell

Toyota has sold its last GT86 in the UK, setting the seal on almost nine years of unadulterated driving fun. The remarkable coupe has been the pathfinder for the company’s worldwide renaissance as a maker of pure-bred sports cars, blazing a trail for today’s GR Supra and GR Yaris – and for future models that… Continue reading @Toyota: GT86 Has Left the Showroom: Toyota’s Sports Car King Bids Farewell