Kamux ends all cooperation with Teboil

HELSINKI, Feb. 28, 2022 /PRNewswire/ — Kamux Corporation  Press Release  February 26, 2022 at 19:30 (EET) Kamux ends all cooperation with Teboil Due to the situation in Ukraine, Kamux has decided to immediately end all cooperation with Teboil. Teboil is a subsidiary of the Russian oil company Lukoil. We condemn Russia’s invasion of Ukraine, and ending… Continue reading Kamux ends all cooperation with Teboil

Ferrari Releases Its 2021 Annual Report and Files Annual Report on Form 20-F

 Maranello (Italy), February 25, 2022 – Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2021 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2021, with the United States Securities and Exchange Commission. Ferrari’s 2021 Annual Report and annual report on… Continue reading Ferrari Releases Its 2021 Annual Report and Files Annual Report on Form 20-F

World NM: Tax Breaks for Hybrid Cars to Be Phased out001735

Instead, the government wants to revise the tax-break scheme in favor of electric and hydrogen cars. People buying hybrid cars can get up to a W400,000 off on acquisition taxes and a maximum W1.43 million discount on other taxes. LPG vehicles are also subject to tax breaks ranging from W1 million for trucks and W3.5… Continue reading World NM: Tax Breaks for Hybrid Cars to Be Phased out001735

Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date

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, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to… Continue reading Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date

Martinrea International Inc. to Announce Fourth Quarter and Full-Year Results on March 3, 2022

TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the fourth quarter ended December 31, 2021 on Thursday, March 3, 2022 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern… Continue reading Martinrea International Inc. to Announce Fourth Quarter and Full-Year Results on March 3, 2022

Sonatus Unveils Next Generation of its Digital Dynamics Vehicle Platform for Building Software-Defined Vehicles that Can Evolve in Post-Production with Code-less Updates

SUNNYVALE, Calif., Feb. 24, 2022 /PRNewswire/ — Sonatus, a global leader in software defined vehicle technology, today announced the release of the next generation Sonatus Digital Dynamics™ Vehicle Platform, which lives both in-vehicle and in the cloud. Following a successful debut in the Genesis GV60, Sonatus has further enhanced the cloud-side of its platform to… Continue reading Sonatus Unveils Next Generation of its Digital Dynamics Vehicle Platform for Building Software-Defined Vehicles that Can Evolve in Post-Production with Code-less Updates

Envoy Technologies launches first electric car share in Hawaii

HONOLULU, Feb. 24, 2022 /PRNewswire/ — Envoy Technologies announced the launch of its first electric car share in Hawaii in partnership with Kowa American powered by the Envoy Mobility app. The Nissan Leaf will be available to residents at Halekauwila Place Apartments located in Kaka’ako, a vibrant urban island community in Honolulu. Envoy’s Mobility as… Continue reading Envoy Technologies launches first electric car share in Hawaii

GAC MOTOR in the Middle East | Upgraded Services and Higher Configurations Products

The IDCC project is a comprehensive framework for managing leads, ensuring easy and prompt storage of personal information and personalized service. It dramatically improves customer experience, with the dual positive effect of building a good brand image and generating more sales. With the careful management of the Mutawa Alkazi company, the IDCC program is helping… Continue reading GAC MOTOR in the Middle East | Upgraded Services and Higher Configurations Products

Hyundai Mobis breaks new record in global lamp orders last year

On 24th, Hyundai Mobis announced that it has logged over KRW 1 trillion (approx. USD 830 million) worth of orders from global automakers just in the automotive lighting sector, which has been driven by diversifying the customer base in the global market, including customers such as a European automaker and new EV makers. Last year,… Continue reading Hyundai Mobis breaks new record in global lamp orders last year

Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors

TEL AVIV, Israel, Feb. 24, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, announced today that Thilo Koslowski, a renowned thought leader, and visionary in automotive and digital technology, has been named to its Board of Directors. Koslowski is an executive advisor focused on technology strategies for global… Continue reading Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors