Category: Newswire

USMCA will lead automakers to choose US: Former Ford CEO

The U.S.-Mexico-Canada Agreement (USMCA) could lead to automakers deciding to move production to the United States.Under the USMCA’s rules of origin, 75 percent of auto content must be produced in North America for the finished car to be considered a North American product and therefore be subject to agreement’s tariff exemptions.Current NAFTA rules stipulate that only 50 percent of a car’s value is required to be produced in North America to be subject to the agreement’s free trade protections.

Ferrari N.V. signs a new syndicated revolving credit facility

Maranello (Italy), 12 December 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that it has signed on 11 December a Euro 350 million unsecured committed revolving credit facility, intended for general corporate and working capital purposes (the “New RCF”).The New RCF, entered into with a group of twelve banks, has a five-year… Continue reading Ferrari N.V. signs a new syndicated revolving credit facility

PayByPhone and Stillwater Parking Garage Add Parking Options to Downtown Billings, MT

VANCOUVER, Dec. 12, 2019 /PRNewswire/ – PayByPhone, a leading global provider of mobile parking payment solutions, today announced the addition of 417 new parking spaces in Billings, MT, bringing the total number of PayByPhone parking spaces in the city to 1,500. The additional parking spaces will be available in the Stillwater Parking Garage, the newest… Continue reading PayByPhone and Stillwater Parking Garage Add Parking Options to Downtown Billings, MT

Honda de México realiza balance de resultados y actividades durante 2019

Honda reafirma su liderazgo en SUV´s, según cifras del INEGI (Instituto Mexicano de Estadística, Geografía e informática), colocando de enero a noviembre 40,181 unidades de sus modelos Honda CR-V, Honda HR-V, Honda BR-V y Honda Pilot (mercado de SUVs). Si se toman los modelos de manera individual, Honda CR-V es el más vendido para la… Continue reading Honda de México realiza balance de resultados y actividades durante 2019

Kamux Corporation: Flagging Notification in Accordance With Chapter 9, Section 10 of the Securities Markets Act

Kamux Corporation: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act HELSINKI, Dec. 12, 2019 /PRNewswire/ — Kamux Corporation has on 12 December 2019 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the total holdings of shares and voices of Intera Fund… Continue reading Kamux Corporation: Flagging Notification in Accordance With Chapter 9, Section 10 of the Securities Markets Act

2020 Honda Ridgeline Arrives at Dealerships with New 9-Speed Transmission, Standard Honda Sensing®

The Honda Ridgeline is the ultimate tailgate vehicle for sporting events, picnics, and other gatherings thanks to industry-first and exclusive features like a Dual Action Tailgate that provides easy access to the lockable and weather-sealed In-Bed Trunk®, an available in-bed 115V AC power outlet, and a world’s first Truck Bed Audio System. This year, the… Continue reading 2020 Honda Ridgeline Arrives at Dealerships with New 9-Speed Transmission, Standard Honda Sensing®

Buy or Sell a Car via Mobile with the New eBay Motors App

SAN JOSE, Calif., Dec. 12, 2019 /PRNewswire/ — eBay Motors, one of the world’s largest marketplaces for all things automotive, is launching an all-new, automotive-focused app for Apple iPhone and Android. Powered by advanced technology, the app is a powerful tool for buying and selling vehicles directly from consumers’ mobile devices in an entirely new way.… Continue reading Buy or Sell a Car via Mobile with the New eBay Motors App

FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

AUBURN HILLS, Mich., Dec. 12, 2019 /PRNewswire/ — Establishes unified product development organization sustained by three strategic activities – core engineering competencies responsible for addressing key technology opportunities; transversal program management and execution; and support for program delivery and management of decoupled activities Streamlined organization to enable optimal workload balancing Better positions FCA to continue… Continue reading FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

Dana Incorporated Extends Share Repurchase Program

MAUMEE, Ohio, Dec. 12, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors authorized the extension of its share repurchase program through December 31, 2021.  The company had $150 million available under the program as of September 30, 2019. The company expects shares to be repurchased in the open market… Continue reading Dana Incorporated Extends Share Repurchase Program