Hyundai Mobis announced to invest a total of USD 1.1 billion (KRW 1.3 trillion) into the two plants. The new plants will start mass production in the second half of 2023. When fully operational, the facilities are expected to produce 100,000 hydrogen fuel cells every year. Hyundai Mobis, with the largest fuel cell production capacity… Continue reading Hyundai Mobis invests $1.1 billion for 2 new hydrogen fuel cell system plants in Korea
Category: Newswire
Invitation to the Volvo Group report on the third quarter 2021
GÖTEBORG, Sweden, Oct. 7, 2021 /PRNewswire/ — The Volvo Group report for the third quarter 2021 will be published on October 21, 2021, at 7.20 a.m. CEST. There will be a video conference call for press and analysts starting at 9.00 a.m. CEST. An online presentation of the report, followed by a question-and-answer session, will… Continue reading Invitation to the Volvo Group report on the third quarter 2021
Lexus Brings the Next Chapter of the Brand to Life in the All-New 2022 Lexus NX
The NX has been redesigned from the inside out. Every exterior surface has been reimagined. The signature spindle grille has been refined in the front. And, perhaps the most notable expression of future Lexus design is the elegant new block LEXUS rear badging and full-width tail lamp. Lexus Driving Signature results from an entirely new… Continue reading Lexus Brings the Next Chapter of the Brand to Life in the All-New 2022 Lexus NX
Mazda Marks Milestones with SUV Lineup Expansion and Upgraded Dealer Facilities
IRVINE, Calif., Oct. 6, 2021 /PRNewswire/ — This release is a US market supplement to Mazda’s global product update made on October 6, linked here. Mazda North American Operations (MNAO) today announced significant milestones across its product portfolio and business operations as it evolves to meet the growing expectations of today’s consumers. Three All-New SUVs… Continue reading Mazda Marks Milestones with SUV Lineup Expansion and Upgraded Dealer Facilities
Amco Polymers Launches New Mobility Initiative
Amco Polymers has launched a redesigned Mobility Focused Business Strategy. Tweet this The mobility focus includes the additions of industry veterans Bruce Serafin and Robert Nelson, who bring over 50 years of combined industry experience. “We are excited for our expansion into the mobility segment. AMCO’s UL expertise, strong technical DNA, and best-in-class service model… Continue reading Amco Polymers Launches New Mobility Initiative
GM Details Plan to Double its Revenue, Drive Even Higher Margins
WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Unlocking growth in EVs through the Ultium hardware platform and leadership in software and services through the Ultifi platform Planning to double annual revenues and expand EBIT-adjusted margins to 12 to 14 percent Leading the race to commercialize AVs Launching new businesses to add customers and diversify revenues Increasing… Continue reading GM Details Plan to Double its Revenue, Drive Even Higher Margins
GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios
WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Today, General Motors unveiled Ultra Cruise, an all-new, advanced driver-assistance technology and significant next step in the company’s journey to enable its goal of zero crashes, zero emissions and zero congestion. Designed to ultimately enable hands-free driving in 95 percent of all driving scenarios, Ultra Cruise eventually can be… Continue reading GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios
Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities
DUBLIN, Oct. 6, 2021 /PRNewswire/ — The “Automotive Glass Market Research Report by Application (Backlite, Rear Quarter Glass, and Side & Rear-View Mirror), by Type (Laminated and Tempered), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering.… Continue reading Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities
Group 1 Automotive Announces Offering of an Additional $200 Million of its 4.000% Senior Notes Due 2028
HOUSTON, Oct. 6, 2021 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that, subject to market conditions, it intends to offer for sale an additional $200 million in aggregate principal amount of its 4.000% senior unsecured notes due 2028 (the “New Notes”). The… Continue reading Group 1 Automotive Announces Offering of an Additional $200 Million of its 4.000% Senior Notes Due 2028
GAC MOTOR | A New Era of Chinese Car
An Emphasis on Research The 4 GAC R&D Centers, located strategically in vehicle industry hubs across the world, design products independently, with GAC factories responsible for production. Research at the Centers is well-funded, with over 30 billion RMB invested to date. Research is also in-house, which means GAC MOTOR has exclusive access to a large wealth… Continue reading GAC MOTOR | A New Era of Chinese Car