SAN JOSE, Calif., July 29, 2021 /PRNewswire/ — Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 2, 2021. First Quarter Fiscal Year 2022 Highlights: Net Sales: $6.3 billion GAAP Income Before Income Taxes: $233 million Adjusted Operating Income: $290 million GAAP Net Income: $206 million Adjusted Net Income: $230 million GAAP Earnings… Continue reading Flex Reports First Quarter Fiscal 2022 Results
Category: Newswire
World NM: JLR deepens localization efforts in China with new model001407
British premium carmaker Jaguar Land Rover has launched a long wheelbase Range Rover model in China, as part of its efforts to deepen localization in the world’s largest vehicle market. The Range Rover Evoque L, produced at Chery Jaguar Land Rover Automotive in East China’s Jiangsu province, has a wheelbase 160 mm longer than the… Continue reading World NM: JLR deepens localization efforts in China with new model001407
Volta Charging Announces New Station Installation In Morris Plains, New Jersey
Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift… Continue reading Volta Charging Announces New Station Installation In Morris Plains, New Jersey
Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year
With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range. Based on the newly developed platform, integrated components and an optimized layout allow the new model to accommodate seven passengers in three rows, offering a new level of comfort… Continue reading Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year
Hyundai Motor and Hyundai Electric Sign MOU to Develop Hydrogen Fuel Cell Package for Power Generation
The endeavor combines Hyundai Motor’s decades-long fuel cell experience and Hyundai Electric’s power equipment expertise. Under the MOU, the two parties will develop a hydrogen fuel cell package dedicated for mobile power generators and alternative maritime power (AMP) supply solutions, based on Hyundai Motor’s polymer electrolyte membrane fuel cell (PEMFC) system that is used in… Continue reading Hyundai Motor and Hyundai Electric Sign MOU to Develop Hydrogen Fuel Cell Package for Power Generation
Allison Transmission Announces Second Quarter 2021 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 60 percent increase in net sales from the same period in 2020, as the recovery in… Continue reading Allison Transmission Announces Second Quarter 2021 Results
Ed Morse Automotive Group Acquires Three Franchises in Greenville, Texas
DELRAY BEACH, Fla., July 28, 2021 /PRNewswire/ — The Ed Morse Automotive Group announced today that it has acquired three franchises and two dealerships in Greenville, Texas. Ed Morse Automotive Group purchased Donaghe Buick GMC at 4205 I-30 Frontage Road and Donaghe Ford at 4001 I-30 Frontage Road. “This is our third expansion into Texas and… Continue reading Ed Morse Automotive Group Acquires Three Franchises in Greenville, Texas
Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Wed, Jul 28, 2021 18:52 CET Lesjöfors has today acquired 88 percent of the shares in the Alcomex Group. With the transaction, Lesjöfors gains access to new geographies and a new product area, in line with its ambition to build the leading spring, wire and flat strip component group. Alcomex is a Dutch manufacturer of… Continue reading Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
ALYI CEO Heads To Nairobi To Prepare For EV Media Blitz As EV Industrywide Sales Growth Outpaces Traditional Car Sales Atracting 100s Of Billions In New Investments
DALLAS, July 28, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced the electric motorcycle pilot report scheduled for release tomorrow, Thursday, July 29th, 2021, will be just the beginning of a communication campaign intended to highlight ALYI’s comprehensive electric motorcycle pilot recently launched in Kenya. ALYI confirms tomorrow’s report is on track… Continue reading ALYI CEO Heads To Nairobi To Prepare For EV Media Blitz As EV Industrywide Sales Growth Outpaces Traditional Car Sales Atracting 100s Of Billions In New Investments
World NM: Chevrolet Camaro to be replaced by electric sedan, report says001404
The Chevrolet Camaro has seen better days. Interestingly, the current Camaro is built on a platform that also underpins the four-door Cadillac CT4 and CT5 models, while all of GM’s future electric models will share a common architecture it calls Ultium. The Dodge Challenger sedan has been a stronger seller than the Challenger, so the… Continue reading World NM: Chevrolet Camaro to be replaced by electric sedan, report says001404