Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ — Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell its composites operations to Arlington Capital Partners. Included in the sale are the Triumph Aerospace Structures composites locations in Milledgeville, Georgia and Rayong, Thailand. “With the sale of Triumph’s composites business, Triumph continues to execute on its… Continue reading Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners

BYD bringt seinen Premium Han EV nach Europa

Der Han EV wird den europäischen Verbrauchern eine neue Perspektive für chinesisch gefertigte Automobile bieten. Der Han EV ist das erste in Serie produzierte Modell, das mit der neuen Blade-Batterie von BYD ausgestattet ist, einer bahnbrechenden Technologie, die die Forschungs- und Entwicklungskapazitäten des Unternehmens und sein Ziel widerspiegelt, die Sicherheitsstandards für die gesamte Branche neu… Continue reading BYD bringt seinen Premium Han EV nach Europa

Subaru of America, Inc. Releases Second Annual Corporate Impact Report

“As we reflect back on 2019, I’m proud of how the Subaru of America family continued to live out our Love Promise,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “This annual report provides us with a platform to engage, learn, and grow transparently along with our stakeholders and will continue… Continue reading Subaru of America, Inc. Releases Second Annual Corporate Impact Report

‘Jetson Bill’ Will Help Samson Flying Car Share the Road

REDMOND, Ore., July 31, 2020 /PRNewswire/ — The Samson Sky Switchblade and other new flying cars were given a big assist when New Hampshire Governor, Chris Sununu, gave his signature to what has been nicknamed the Jetson Bill, along with other transportation legislation included in a large transportation package passed just recently. Continue Reading Flying Cars… Continue reading ‘Jetson Bill’ Will Help Samson Flying Car Share the Road

AAM Reports Second Quarter 2020 Financial Results

DETROIT, July 31, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2020.    Second Quarter 2020 Results Sales of $515.3 million Net loss attributable to AAM of $(213.2) million, or (41.4)% of sales Adjusted EBITDA of $(52.1) million, or (10.1)% of sales Diluted loss… Continue reading AAM Reports Second Quarter 2020 Financial Results

Goodyear Reports Second Quarter, First Half 2020 Results

AKRON, Ohio, July 31, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2020. “Although our first half results were greatly affected by difficult industry conditions as a result of the ongoing COVID-19 pandemic, the decisive actions we took to safeguard our business… Continue reading Goodyear Reports Second Quarter, First Half 2020 Results

CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe

NINGDE, China, July 31, 2020 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to… Continue reading CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe

Visteon Announces Second-Quarter 2020 Results

Net sales of $371 million; 48% reduction Y/Y excluding currencyIndustry production down 45% Y/Y; Visteon customers down 53% Y/YVisteon sales outperformed customer production by five percentage points$1.7 billion in new business and 21 new product launches YTDCash of $759 million; no significant near-term debt maturitiesVAN BUREN TOWNSHIP, Mich., July 30, 2020 (GLOBE NEWSWIRE) — Visteon… Continue reading Visteon Announces Second-Quarter 2020 Results

GROUPE RENAULT: Communication about availability – Documents relating to H1 2020 financial results communication

Communication about availability – H1 2020 financial resultsBoulogne, July 30, 2020Renault announces today its H1 2020 financial results. The following documents are available on Renault website https://group.renault.com/en/finance-2/financial-information/documents-and-publications/  :Press releaseEarnings reportH1 2020 financial results presentationLuca de Meo’s speech scriptAttachmentRenault _ Availability Publication H1 2020 Go to Source

ALYI Strategic Financing Outlook Propelled By Surge In EV Investment Interest

DALLAS, July 30, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted that its video presentation scheduled for tomorrow to detail the company’s strategic financing partnership with RevoltTOKEN enjoys being timed with a market that is very receptive to investment in electric vehicle ventures.  Electric SUV maker Li, just announced raising $1.1 billion. The share… Continue reading ALYI Strategic Financing Outlook Propelled By Surge In EV Investment Interest