AURORA, Ontario, Oct. 06, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) Q3-2022 RESULTS CONFERENCE CALLFRIDAY – NOVEMBER 4, 20228:00 AM ET DIAL IN NUMBERS North America:International:Webcast: 1-800-926-50681-416-620-9188www.magna.com Slide presentation will be available on our website prior to the call. … Continue reading Q3-2022 Results Conference Call
Category: Automotive
@Hyundai: Kia America Contributes $500,000 To The American Red Cross In Support Of Hurricane Ian Relief Initiatives
Kia America announced a $500,000 donation to the American Red Cross to help those affected by Hurricane Ian. The donation will support the non-profit as it works to facilitate temporary shelter and provide food and comfort items to those in need. In addition, Kia Finance America customers affected by Hurricane Ian may be eligible for… Continue reading @Hyundai: Kia America Contributes $500,000 To The American Red Cross In Support Of Hurricane Ian Relief Initiatives
Michigan is becoming the center of US battery manufacturing
Michigan, long the automotive manufacturing capital of the United States, is now getting pumped with investment both publicly and privately to build out a series of battery manufacturing plants that will power the wave of electric vehicles coming to market. The demand for domestically produced batteries has reached new peaks after the passage of the… Continue reading Michigan is becoming the center of US battery manufacturing
Knight Law Group Named One of “Best Places to Work”
LOS ANGELES, Oct. 6, 2022 /PRNewswire/ — Knight Law Group has been recognized as one of the “Best Places to Work SoCal 2022” by Best Companies Group. The Best Companies annual ranking honors the best places to work in Southern California, and relies on a detailed, anonymous employee survey and an analysis of their responses… Continue reading Knight Law Group Named One of “Best Places to Work”
Somera Capital Management Acquires Quorum Hotels & Resorts
NEWPORT BEACH, Calif., Oct. 6, 2022 /PRNewswire/ — Somera Capital Management, a California and D.C. based investment firm, announced today the formation of its latest partnership and the acquisition of Dallas-based hotel management company Quorum Hotels & Resorts. With more than a 20-year relationship between Somera and Quorum principals as the foundation, the acquisition presented a natural evolution. The purchase will not only provide a comprehensive management solution for Somera’s current hotel assets, but… Continue reading Somera Capital Management Acquires Quorum Hotels & Resorts
Honda unveils the Prologue, its first electric SUV
Honda has unveiled the design of the Prologue, its first electric SUV and a vehicle codeveloped with General Motors. Like most of its Japanese peers in the auto industry, Honda has been a laggard when it comes to all-electric vehicles. The automaker focused too much on hydrogen fuel cells and hybrids, which resulted in a… Continue reading Honda unveils the Prologue, its first electric SUV
Toyota will resume bZ4X EV sales following safety recall concerning its wheels falling off
Global automaker and hybrid zealot Toyota announced it will resume sales of its first mass-produced battery EV – the bZ4X, following a safety recall concerning risk that its wheels could fall off. Months later, the Japanese automaker appears to have found a fix to the manufacturing defect (as well as a previously undiscovered safety issue)… Continue reading Toyota will resume bZ4X EV sales following safety recall concerning its wheels falling off
Uber deploying Motional IONIQ 5 driverless robotaxis to millions of riders over the next decade
Rideshare provider Uber has signed a 10-year, multi-market commercial agreement with Motional – a developer of driverless robotaxis. As part of the agreement, Uber will deploy Motional’s IONIQ 5 electric robotaxis in select markets at first, with the potential to reach millions of customers by providing both ride-hailing and delivery services autonomously. Motional is an… Continue reading Uber deploying Motional IONIQ 5 driverless robotaxis to millions of riders over the next decade
Tesla (TSLA) has been upgraded to investment grade by S&P
Tesla (TSLA) has been officially upgraded to investment grade long-term credit rating by S&P Global Ratings. Despite delivering profits for more than two years straight and building a cash position of over $18 billion while sitting on very little debt, Tesla was still rated as a “junk bond” by rating companies like S&P Global Ratings and… Continue reading Tesla (TSLA) has been upgraded to investment grade by S&P
The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transition, that bested ExxonMobil in a 2021 proxy contest upset few saw coming. What Engine No. 1 decided to do next was maybe… Continue reading The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade