WUHAN, China, Aug. 14, 2020 /PRNewswire/ — China Automotive Systems, Inc. (“CAAS” or the “Company”) (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2020. Second Quarter 2020 Highlights Net sales were $83.2 million as compared… Continue reading China Automotive Systems Reports 2020 Second Quarter Unaudited Financial Results
Category: Newswire
CarParts.com Announces Pricing of Public Offering of Common Stock
TORRANCE, Calif., Aug. 13, 2020 /PRNewswire/ — CarParts.com, Inc. (NASDAQ: PRTS) (“CarParts.com”), one of the leading e-commerce providers of automotive parts and accessories, today announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock at a price to the public of $13.00 per share. Of the shares being offered, 4,000,000 are being offered by… Continue reading CarParts.com Announces Pricing of Public Offering of Common Stock
FreeWire Deploys Next Generation Ultrafast Electric Vehicle Charging at Convenience Stores
Boost Charger easily connects with ampm‘s existing infrastructure, allowing the system to be installed in hours without requiring expensive new grid power supply. Boost Charger can be powered from a single-phase connection and installed in places that previously could not support higher power demand. “Fueling stations and convenience stores have had very few options to… Continue reading FreeWire Deploys Next Generation Ultrafast Electric Vehicle Charging at Convenience Stores
Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic
Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic -Group revenue declines by 30 percent to 735.8 million euros in the first six month-EBIT impacted by one-time effects amounting to -24.2 million euros -Operating EBIT of -45.7 million euros in the first half of the year-Increase in existing syndicated loan… Continue reading Grammer AG: First half of 2020 significantly impacted by the effects of the COVID-19 pandemic
Hyperion, empresa de tecnología del sur de California, estrena el superauto eléctrico propulsado por hidrógeno definitivo
El impactante primer vehículo de Hyperion es la culminación de casi 10 años de desarrollo, pruebas e investigaciones en tecnología de hidrógeno por parte de más de 200 investigadores y científicos. El XP-1 se propone eliminar la ansiedad que provoca la insuficiente autonomía de otros vehículos eléctricos, y para ese fin está dotado de una… Continue reading Hyperion, empresa de tecnología del sur de California, estrena el superauto eléctrico propulsado por hidrógeno definitivo
GM Develops and Shares New Workplace Safety Technology
DETROIT, Aug. 12, 2020 /PRNewswire/ — General Motors has developed new technology to aid workplace safety during the COVID-19 pandemic, and the company is sharing its innovations with the world for potential use in job sites as diverse as manufacturing plants, offices or even schools. The new technologies include an automated kiosk for temperature scanning, software… Continue reading GM Develops and Shares New Workplace Safety Technology
Martinrea International Inc. Reports Second Quarter Results and Declares Dividend
TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the second quarter ended June 30, 2020 and that it has… Continue reading Martinrea International Inc. Reports Second Quarter Results and Declares Dividend
GM Names John Stapleton Acting CFO
DETROIT, Aug. 11, 2020 /PRNewswire/ — General Motors today announced John Stapleton, GM North America chief financial officer, has been named acting global chief financial officer, effective Aug. 15. The appointment follows the resignation of Dhivya Suryadevara, executive vice president and CFO, who will leave the company for an external opportunity outside the automotive industry. GM… Continue reading GM Names John Stapleton Acting CFO
Ridecell Selected by Toyota Sweden to Launch New Mobility Service
SAN FRANCISCO, Aug. 11, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for mobility operators, today announced that KINTO Share, a shared mobility program for Toyota Sweden, has selected the Ridecell High-yield Mobility Platform to run their mobility operations. The Ridecell platform runs all aspects of the service, including customer verification, vehicle lock and… Continue reading Ridecell Selected by Toyota Sweden to Launch New Mobility Service
Veoneer completes divestiture of US brake control business
STOCKHOLM, Aug. 11, 2020 /PRNewswire/ — The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has completed the divestiture of its US brake control business to ZF Friedrichshafen AG. The parties will collaborate on a transition plan for a limited period as part of the divestiture process. On April 23, Veoneer announced… Continue reading Veoneer completes divestiture of US brake control business