BEIJING, Feb. 11, 2020 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, announced today that Ford Motor Corporation (NYSE: F) has selected Luokung’s subsidiary eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) as the only provider… Continue reading Ford Motor Corporation Selects Luokung’s Subsidiary EMG as the provider of HD Map Service for Ford China’s Autonomous Driving Project
Category: Newswire
The Nikola Badger electric pickup revealed as Tesla Cybertruck competitor
Apparently, there’s always room for one more when it comes to electric pickups.Startup automaker Nikola has unveiled plans to offer an electric full-size pickup it is designing in collaboration with a major automaker that will produce it for the Phoenix-based brand.The Badger will compete for customers with upcoming models from Tesla, GMC, Ford and Rivian when the order book opens later this year.
Daimler reports full-year 2019 results
STUTTGART, Germany, Feb. 11, 2020 /PRNewswire/ — Group unit sales of 3.34 million vehicles (2018: 3.35 million) Revenue up 3% to €172.7 billion (2018: €167.4 billion) Group EBIT of €4.3 billion (2018: €11.1 billion) Adjusted Group EBIT of €10.3 billion Net profit of €2.7 billion (2018: €7.6 billion) Free cash flow industrial business of €1.4… Continue reading Daimler reports full-year 2019 results
Michelin: 2019: €3,009 million in segment operating income, up €179 million or 6.5% at constant exchange rates, €1,730 million in net income, up €70 million, €1,615 million in structural free cash flow
PRESS RELEASEClermont-Ferrand, February 10, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the year ended December 31, 20192019: €3,009 million in segment operating income,up €179 million or 6.5% at constant exchange rates€1,730 million in net income, up €70 million€1,615 million in structural free cash flowIn a deteriorated environment and shrinking markets,Sales rose 7.8% at constant exchange rates,… Continue reading Michelin: 2019: €3,009 million in segment operating income, up €179 million or 6.5% at constant exchange rates, €1,730 million in net income, up €70 million, €1,615 million in structural free cash flow
Nidec Announces Outlines of Planned Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program
KYOTO, Japan, Feb. 08, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Board of Directors of the Company, at a meeting held on February 8, 2020, made the following decisions regarding a stock split and an amendment to the Company’s Articles of Incorporation, as well as… Continue reading Nidec Announces Outlines of Planned Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program
DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
SOUTHFIELD, Mich., Feb. 7, 2020 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced the opening of its Central Technical Training Center at its Maryville, Tennessee, facility. DENSO designed the state-of-the-art technical training center to educate its employees about the latest technologies and best practices in advanced manufacturing, a move that helps ensure… Continue reading DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
SsangYong Motor Q4 net losses widen on weaker demand
SsangYong Motor Co. on Friday said its net losses widened in the fourth quarter from a year earlier due to lower demand.Sales fell 13 percent to 919.2 billion won from 1.05 trillion won over the same period.Operating losses widened to 281.9 billion won from 64.2 billion won, while sales fell 2.2 percent to 3.62 trillion won from 3.7 trillion won.
Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
SOUTHFIELD, Mich., Feb. 6, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has authorized an increase in the Company’s share repurchase authorization to $1.5 billion and extended the authorization period to December 31, 2022. The Board also authorized the Company’s… Continue reading Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
The video shares the name of the Lucid Air’s launch edition, as well as several key design elements. Designated the “Dream Edition,” launch versions of the Lucid Air will be available in three colors, including a special color only available on Dream Edition cars. A hint of that color is shown in the video along with… Continue reading Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut
Production is projected to begin in Q4 2021, with high-volume deliveries of the Fisker Ocean targeted to ramp up in 2022. Global and localized supply chains secured across the U.S., Europe and China will result in more than 1 million vehicles projected to be produced between 2022 and 2027. Henrik Fisker, chairman and CEO –… Continue reading Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut