Category: Official Press Release

Tesla Announces Date for First Quarter 2019 Financial Results and Webcast

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Tesla Announces Date for First Quarter 2019 Financial Results and Webcast

Apr 11,2019

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Tesla Announces Date for First Quarter 2019 Financial Results and Webcast

PALO ALTO, Calif., April 11, 2019 (GLOBE NEWSWIRE) — Tesla will post its financial results for the first quarter of 2019 after market close on Wednesday, April 24, 2019. At that time, Tesla will issue a brief advisory containing a link to the Q1 2019 Update Letter, which will be available on Tesla’s Investor Relations website. Tesla will hold a live question and answer webcast that day at 2:30pm Pacific Time (5:30pm Eastern Time) to discuss the Company’s financial and business results and outlook.

What:
Date of Tesla Q1 2019 Financial Results and Q&A Webcast
When:
Wednesday, April 24, 2019
Time:
2:30pm Pacific Time / 5:30pm Eastern Time
Webcast:
http://ir.tesla.com (live and replay)
Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company’s website.

For additional information, please visit ir.tesla.com.

Source: Tesla, Inc.

Hyundai Mobis Secures the First Deep Learning Image Recognition Camera Sensor in Korea

SEOUL, South Korea–(BUSINESS WIRE)–On March 31, Hyundai Mobis (KRX:012330), announced during its meeting at the KINTEX Seoul Motor Show that the company would be the first in Korea to secure the global-caliber ‘deep learning-based high-performance image recognition technology’ for recognizing vehicles, pedestrians and geographical features of the road by the end of the year, and… Continue reading Hyundai Mobis Secures the First Deep Learning Image Recognition Camera Sensor in Korea

Subaru Corporation Announces Organizational Changes (Effective April 1, 2019)

April 1, 2019

Subaru Corporation Announces Organizational Changes (Effective April 1, 2019)

Tokyo, April 1, 2019 – Subaru Corporation announces the following organizational changes with effect from today.

[ Overseas Sales & Marketing Division 2 ]

Both departments have been renamed to clearly identify the regions and markets for which they are responsible.

To clearly identify the regions and markets for which it is responsible, Sales & Marketing Department 2 has been divided into the China Business Department and the Asia Business Department.
The Asia CKD Business Department, which is responsible for work relating to CKD production in Malaysia and Thailand, has been integrated into the Asia Business Department.

[ Engineering Division 1 ]

In response to changing automotive product values, units responsible for infotainment and telematics development and evaluation of cooperative vehicle control systems, which belonged to the 2nd and 3rd Vehicle Research & Experiment Departments, have been combined to form a new department.

[ Purchasing Division ]

A unit responsible for purchasing advanced technology components, which belonged to the 2nd Purchasing Department, has been made independent to form a new department.

The 4th Purchasing Department, which is responsible for purchasing interior and exterior parts, has been integrated into the 1st Purchasing Department.

[ Aerospace Company ]

With a view to business in fields such as optionally piloted vehicles, the Unmanned Aircraft System Design Department has been renamed the Autonomous System Design Department.

* Related past news release:
https://www.subaru.co.jp/press/news-en/2019_03_01_6952/

[PDF/181 KB]

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Faurecia employees fight participation in the transformation

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Allison Transmission Closes $500 Million Senior Notes Offering

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), completed its previously announced offering of $500 million in aggregate principal amount of 5.875% Senior Notes due 2029 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities… Continue reading Allison Transmission Closes $500 Million Senior Notes Offering

Ford Takes Further Actions to Improve European Business; Confirms End of Ford C-MAX Production at Saarlouis

Ford-Werke GmbH Supervisory Board approves measures to create a sustainably profitable business in Germany and Europe, including ceasing production of FordC-MAX and Grand C-MAX MAV at Saarlouis by end June 2019 Cessation of night-shift and move to two-shift operating pattern will reduce structural cost and increase efficiency, supporting Ford’s transformation strategy aimed at near-term profitability… Continue reading Ford Takes Further Actions to Improve European Business; Confirms End of Ford C-MAX Production at Saarlouis