Volkswagen AG Chief Executive Officer Herbert Diess plans to hire a climate campaigner to shake up the German automaker’s efforts to fight pollution and help provide a much-needed kick-start toward becoming greener.
Category: Newswire
Valmet has published the Annual Report and the Corporate Governance Statement for 2019
Valmet Oyj’s stock exchange release on February 25, 2020 at 11:00 a.m. EETValmet has today, on February 25, 2020, published its Annual Report for 2019 on the company’s website at www.valmet.com/annualreport2019. The Annual Report consists of three separate parts: the Annual Review, the Financial Statements and the GRI Supplement. The GRI Supplement is available in… Continue reading Valmet has published the Annual Report and the Corporate Governance Statement for 2019
The Polestar Precept Concept EV Is As Sustainable As It Is Handsome
Meet the Precept, an electric concept car from the Geely-owned Polestar brand, which features seats made from recycled cork and plastic bottles.
Nio to get 10b investment from Hefei
Chinese electric car startup Nio Inc is expected to get strategic investment of over 10 billion yuan ($1.43 billion) from the Hefei city government in Anhui province.As part of the deal, Nio will establish in Hefei a company in charge of its China operations, including production, research and development and sales.Nio has built a plant in Hefei with JAC Motors which is producing Nio’s ES8 and ES6 SUVs.
DENSO Adds New Part Numbers to Expand its Line of Ignition Coils
LONG BEACH, Calif., Feb. 25, 2020 /PRNewswire/ — DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has expanded its line of aftermarket ignition coils. DENSO now offers four new coil-on-plug (COP) part numbers that extend its coverage to 2012-2018 Honda and Acura models. “Ignition coils are designed and manufactured for… Continue reading DENSO Adds New Part Numbers to Expand its Line of Ignition Coils
Rejected by Wall Street, Ford’s CEO Has Support Where It Matters
Days after another dismal earnings report, Ford Motor Co. Chief Executive Officer Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere.
Grammer AG completes refinancing ahead of schedule in a demanding market environment
Amberg, February 25, 2020 – Grammer AG has placed its long-term group funding operations on a solid basis with a new syndicated loan. The syndicated loan consists of two tranches. Tranche A is composed of a credit facility of EUR 150 million for a period of five years plus two one-year renewal options. This tranche… Continue reading Grammer AG completes refinancing ahead of schedule in a demanding market environment
HERE and Cerence bring more personalized, contextualized in-car experiences to drivers worldwide
February 24, 2020 Amsterdam and Burlington, Mass. – Cerence Inc., the global industry leader in creating unique, moving experiences for the automotive world, and HERE Technologies, a global leader in mapping and location platform services, today announced that they have teamed up to integrate HERE location intelligence with the Cerence Drive portfolio to bring advanced AI-powered mobility… Continue reading HERE and Cerence bring more personalized, contextualized in-car experiences to drivers worldwide
Meritor Announces Drivetrain on Demand
TROY, Mich., Feb. 24, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced the launch of Drivetrain on Demand that offers simplified ordering processes for U.S. and Canadian customers requiring fast replacement of driveshaft and differential assemblies. “By streamlining the ordering process and shipping the product within 24 hours, Drivetrain on Demand helps get vehicles in truck-down… Continue reading Meritor Announces Drivetrain on Demand
Lucid Motors Announces Partnership with LG Chem that Secures Battery Cells for Long-Term Volume Production of the Lucid Air
Full production of the Lucid Air is expected to start in late 2020 in Lucid’s new state-of-the-art factory in Casa Grande, AZ, with LG Chem battery cells exclusively powering standard versions of this luxury EV through 2023. The advanced battery cells provided by LG Chem effectively allow Lucid to lock in core volume production forecasts… Continue reading Lucid Motors Announces Partnership with LG Chem that Secures Battery Cells for Long-Term Volume Production of the Lucid Air