Category: Newswire

Aston Martin puts planned WEC, Le Mans Hypercar entry on hold

Aston Martin said on Wednesday it was putting on hold a planned entry into the World Endurance Championship (WEC) and Le Mans 24 Hours with its Valkyrie hypercar.This will allow IMSA prototypes to compete for outright victory at Le Mans and the WEC in 2021-22.The Valkyrie was created as part of a technology partnership between Aston Martin and Red Bull Advanced Technologies.

Ferrari releases its 2019 Annual Report and files annual report on Form 20-F

Maranello (Italy), February 18, 2020 – Ferrari N.V. (NYSE/MTA: RACE) announced today that it has published its 2019 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2019, with the United States Securities and Exchange Commission.Ferrari’s 2019 Annual Report and annual report on Form… Continue reading Ferrari releases its 2019 Annual Report and files annual report on Form 20-F

Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

STUTTGART, Germany, Feb. 19, 2020 /PRNewswire/ — Daimler AG proposes Timotheus Höttges for election to the company’s Supervisory Board. On the basis of a recommendation by the Nomination Committee, the Supervisory Board of Daimler AG has decided to propose to the Annual General Meeting that Timotheus Höttges be elected to the Supervisory Board as a member… Continue reading Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

Lucid Motors Rounds Out Leadership Team with Michael Smuts and Michael Carter

As Lucid’s Vice President of Finance, Michael Smuts oversees the company’s accounting and finance activities. Before joining Lucid, Smuts spent 25 years in key finance management roles at Ford Motor Company — including serving as Chief Financial Officer for Ford’s operations in Southeast Asia and as the company’s Global Director of Cost Optimization.  Michael Carter… Continue reading Lucid Motors Rounds Out Leadership Team with Michael Smuts and Michael Carter

Lytx Announces Outstanding 2019 Results: Its Growth Story Continues

SAN DIEGO, Feb. 19, 2020 /PRNewswire/ — Lytx® today announced results from 2019 that reflect the company’s continued success and industry leadership. According to analyst firm Frost & Sullivan, Lytx has 60% share of the total video safety market, more than triple the share of its nearest competitor. “2019 was a phenomenal year for Lytx by… Continue reading Lytx Announces Outstanding 2019 Results: Its Growth Story Continues

Groupe Renault : availability of sales figures for January 2020

Communication about availability – Renault sales figures for January 2020Boulogne, February 18, 2020Renault announces that its sales figures report for January 2020 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’.AttachmentAvailability RENAULT Sales Go to Source

Production Halted Again at Hyundai’s Ulsan Plant

Hyundai is halting production at one of its factories again due to a shortage of parts supplied from China due to the coronavirus outbreak.The Ulsan plant earlier halted production from Feb. 5-12 due to a stoppage in supplies from China of cable harnesses, a bundle of wires that connect various circuits in a car.Other automakers here have also been forced to idle many assembly lines since parts supplies from China have been disrupted due to the coronavirus outbreak there.

Autoliv Releases Joint Working Group Recommendations to Improve Road Safety in India

STOCKHOLM, Sweden, Feb. 18, 2020 /PRNewswire/ — Autoliv Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, releases a series of recommendations to improve road safety in India. The recommendations have been developed in cooperation with the Indian government, local authorities, and stakeholders. India has one of the largest road networks in… Continue reading Autoliv Releases Joint Working Group Recommendations to Improve Road Safety in India