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

Hyzon Motors issues statement strongly rejecting misleading and inaccurate short seller report

ROCHESTER, N.Y., Oct. 5, 2021 /PRNewswire/ — Hyzon Motors Inc. (NASDAQ: HYZN) (“Hyzon” or the “Company”), a leading global supplier of zero-emission fuel cell electric heavy vehicles, today issued the following statement in response to a short seller report published on Tuesday, September 28, 2021. “The self-serving short seller report published by Blue Orca last week… Continue reading Hyzon Motors issues statement strongly rejecting misleading and inaccurate short seller report

WM Motor Expected Over US$300M in Series D1 Financing Round Led by PCCW and Shun Tak Holdings

SHANGHAI and HONG KONG, Oct. 5, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor”, the “Group” or the “Company”), a dominant EV player in China’s mainstream market, today announced that it has expected US$300+ million in a Series D1 round financing led by PCCW Limited (“PCCW”) and Shun Tak Holdings Limited (“Shun Tak Holdings”), joined by… Continue reading WM Motor Expected Over US$300M in Series D1 Financing Round Led by PCCW and Shun Tak Holdings

Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) and on the New York… Continue reading Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Toyota Motor North America Reports U.S. September and Third Quarter 2021 Sales Results

PLANO, Texas, Oct. 1, 2021 /PRNewswire/ — Toyota Motor North America (TMNA) today reported U.S. September 2021 sales of 152,916 vehicles, a decrease of 22.4 percent on a volume and daily selling rate (DSR) basis versus September 2020.  U.S. September 2021 sales of alternative powered vehicles (APVs), including hybrids, plug-in hybrids and fuel cells totaled 42,945… Continue reading Toyota Motor North America Reports U.S. September and Third Quarter 2021 Sales Results

Hyundai Motor America Reports September and Q3 2021 Sales

FOUNTAIN VALLEY, Calif., Oct. 1, 2021 /PRNewswire/ — Hyundai Motor America reported total September sales of 53,800 units, a 2% decrease compared with September 2020. Hyundai’s monthly sales results were significantly better than industry predictions that forecasted a 25% decline in September. Hyundai also set new September total sales records for Palisade, Ioniq HEV, Kona EV… Continue reading Hyundai Motor America Reports September and Q3 2021 Sales

Kia America Sets Best-Ever Third Quarter Sales Performance In Company History

In September, Kia sold 77-percent of available inventory and saw a marked increase in sales of its hybrid and battery-electric vehicles, with year-over-year sales up more than 81-percent. Telluride realized record September sales with 9,278 units and throughout the month anticipation for the all-new EV6 – Kia’s first dedicated battery electric vehicle – continued to grow… Continue reading Kia America Sets Best-Ever Third Quarter Sales Performance In Company History

World NM: Alfa Romeo Giulia GTA Finally Sells Out, 18 Months After Premiere001592

Alfa Romeo presented the GTA twins back in March 2020, which is exactly 18 months ago. Better late than never, all 500 units have been spoken for. Pretty… underwhelming, isn’t it? Even though it’s the very best Giulia in production today, few people can see th… (continue reading…) Go to Source

BorgWarner Celebrates Seneca Plant Grand Reopening, 25th Year of Operation

AUBURN HILLS, Mich., Sept. 30, 2021 /PRNewswire/ — BorgWarner celebrated the grand reopening of its Seneca, South Carolina, production facility today, following a 16-month rebuild after the plant was ravaged by a tornado on April 13, 2020. Company leadership, plant employees, community members and many local, county and state government officials joined together to commemorate the… Continue reading BorgWarner Celebrates Seneca Plant Grand Reopening, 25th Year of Operation