Category: OEMRSSCHK

@Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes

SHANGHAI, China, Feb. 06, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with an unaffiliated Asia based investment fund (the “Purchaser”), pursuant to which NIO will issue and sell convertible notes in an… Continue reading @Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes

@Hyundai: From The Carbon Economy To The Hydrogen Economy

Jeremy Rifkin, an American futurist, envisions the dawn of a new economy powered by hydrogen that will fundamentally change the nature of our market, political and social institutions, just as coal and steam power did at the beginning of the industrial age (The Hydrogen Economy, 2017.) How far have we come? Shift to The Hydrogen… Continue reading @Hyundai: From The Carbon Economy To The Hydrogen Economy

@FCA: FCA N.V. : 2019 full year and fourth results

Following is a summary of the “FCA: 2019 full year and fourth quarter results” press release. A PDF of the complete press release is attached to this email. The document is also available in the media section of the FCA corporate website: https://www.fcagroup.com/en-us/pages/home.aspxFCA reports strong full year 2019 results, with Net profit from continuing operations of… Continue reading @FCA: FCA N.V. : 2019 full year and fourth results

@FCA: FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

February 6, 2020 , Auburn Hills, Mich. – Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will be paid to UAW-represented employees on March 13, 2020. Approximately 44,000 employees are eligible to receive the payment. With this payment, U.S. hourly employees have received on average… Continue reading @FCA: FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

@BMW: BMW Group steps up expansion for production of electric powertrain components at Plant Dingolfing

Dingolfing/Munich. The BMW Group is expanding production capacity and increasing its staff at the Competence Centre for E-Drive Production in Dingolfing faster than originally planned. Due to growing demand for electrified vehicles, the plant expects the number of modules needed for production of high-voltage batteries to double from the previous year. The number of electric… Continue reading @BMW: BMW Group steps up expansion for production of electric powertrain components at Plant Dingolfing

@Mitsubishi: Mitsubishi Motors: Establishment of the Consortium for Advanced Assistive Mobility Platform

TOKYO, Feb 6, 2020 – (JCN Newswire) – Alps Alpine Co. Ltd., OMRON Corporation, Shimizu Corporation, IBM Japan, Ltd., and Mitsubishi Motors Corporation have established the Consortium for Advanced Assistive Mobility Platform, a general incorporated association. Aiming to improve accessibility in society(1) and quality of life for the visually impaired, the consortium will develop an… Continue reading @Mitsubishi: Mitsubishi Motors: Establishment of the Consortium for Advanced Assistive Mobility Platform

@GM: GM Reports Earnings and Provides 2020 Outlook DETROIT — General Motors Co. (NYSE: GM) today reported solid 2019 full-year earnings that were heavi…

DETROIT— General Motors Co. (NYSE: GM) today reported solid 2019 full-year earnings that were heavily impacted by a work stoppage in the third and fourth quarters. However, underlying performance remained strong, driven by sales of GM’s all-new full-size pickups and the company’s ongoing cost actions. Full-year 2019 results: EPS-diluted of $4.57 and EPS-diluted-adjusted of $4.82<… Continue reading @GM: GM Reports Earnings and Provides 2020 Outlook DETROIT — General Motors Co. (NYSE: GM) today reported solid 2019 full-year earnings that were heavi…

@Mazda: Mazda reports strong European sales

Mazda Motor Corporation today announced its financial and sales results for the first nine months of fiscal year 2019-20, reporting global sales of 1,106,000 vehicles during the period 1 April to 31 December 2019. The European region saw the highest year-on-year increase in vehicle sales during the nine-month period, with unit sales up 14% to… Continue reading @Mazda: Mazda reports strong European sales