PRESS RELEASEGROUPE RENAULT ANNOUNCES THE FINALIZATION OF A €5 BILLION CREDIT FACILITY AGREEMENT WITH A GUARANTEE OF THE FRENCH STATEBoulogne-Billancourt, on June 3rd, 2020 – Groupe Renault announces the finalization of a credit facility agreement with a banking pool, for a maximum total amount of €5 billion benefiting from a guarantee of the French State.This… Continue reading Groupe Renault : Finalization of a €5 Billion Credit Facility Agreement With a Guarantee of the French State
Category: Newswire
Subaru Of America, Inc. Reports May 2020 Sales
“While we at Subaru of America continue to feel the effects the pandemic has had on both the auto industry and the country as a whole, we are hopeful that our May results show a positive change,” said Thomas J. Doll, President and CEO, Subaru of America. “Our retailers have gone above and beyond to… Continue reading Subaru Of America, Inc. Reports May 2020 Sales
Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
June 2, 2020Amsterdam and Tokyo – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan have completed their joint acquisition of a 30% ownership stake in the company, after receiving regulatory approvals.HERE welcomes MC and NTT as strategic investors. The two companies have co-invested in HERE via… Continue reading Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
Mazda informa resultados de las ventas de mayo
IRVINE, California, 2 de junio de 2020 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (Operaciones Norteamericanas de Mazda, MNAO) informó hoy un total de ventas en mayo de 24,933 vehículos, 1.0 por ciento menos que en mayo de 2019. Las ventas en el año hasta la fecha sumaron 103,543 vehículos, una disminución de 10.5 por… Continue reading Mazda informa resultados de las ventas de mayo
Locus Robotics Announces $40 Million Series D Investment
WILMINGTON, Mass., June 2, 2020 /PRNewswire/ — Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised more than $40 million in Series D funding led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round. The Series… Continue reading Locus Robotics Announces $40 Million Series D Investment
GAC Motor entrega 550.000 máscaras fabricadas pela GAC a parceiros internacionais de distribuição em 26 países
A GAC Motor recebeu forte apoio de funcionários e parceiros do exterior ao apoiar a prevenção e o controle da COVID-19 na China em um estágio prévio da epidemia. No final de fevereiro, o GAC Group, empresa mãe da GAC Motor, transformou e criou linhas de produção de máscaras para prevenção e controle de longo… Continue reading GAC Motor entrega 550.000 máscaras fabricadas pela GAC a parceiros internacionais de distribuição em 26 países
OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global
OTTO Motors enables the world’s largest companies to create safer and more productive workplaces with autonomous material handling. This funding will be used to expand OTTO’s global network of delivery partners and accelerate its product roadmap for enterprise customers with emphasis on its industry-leading autonomous technology. Demand for AMRs has been growing worldwide as manufacturers… Continue reading OTTO Motors Raises $29 Million To Take Its Autonomous Mobile Robots Global
Scania Plans Major Staff Reductions
SÖDERTÄLJE, Sweden, June 1, 2020 /PRNewswire/ — The Coronavirus crisis had led to a sharp decline in revenues. Although it is currently not possible to forecast the length and severity of how the crisis will affect Scania’s business operations, it is expected that the demand for its products will remain lower for some time. Therefore,… Continue reading Scania Plans Major Staff Reductions
Spain’s Zeleros Raises 7M€ in Financing to Lead the Development of Hyperloop in Europe
VALENCIA, Spain, June 1, 2020 /PRNewswire/ — Zeleros Hyperloop has completed a financing round worth more than €7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the “fifth mode of transport,” the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger… Continue reading Spain’s Zeleros Raises 7M€ in Financing to Lead the Development of Hyperloop in Europe
ZF Completes WABCO Acquisition
Signalling the start of WABCO’s integration into ZF, the acquisition unites two industry leaders behind a shared vision to create a customer-focused powerhouse to advance commercial vehicle technology. With the addition of WABCO, ZF’s focus will be on expanding its commercial vehicle service portfolio and on operating customer business. “The combination of these two successful… Continue reading ZF Completes WABCO Acquisition