Amco Polymers Launches New Mobility Initiative

Amco Polymers has launched a redesigned Mobility Focused Business Strategy. Tweet this The mobility focus includes the additions of industry veterans Bruce Serafin and Robert Nelson, who bring over 50 years of combined industry experience. “We are excited for our expansion into the mobility segment. AMCO’s UL expertise, strong technical DNA, and best-in-class service model… Continue reading Amco Polymers Launches New Mobility Initiative

GM Details Plan to Double its Revenue, Drive Even Higher Margins

WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Unlocking growth in EVs through the Ultium hardware platform and leadership in software and services through the Ultifi platform Planning to double annual revenues and expand EBIT-adjusted margins to 12 to 14 percent Leading the race to commercialize AVs Launching new businesses to add customers and diversify revenues Increasing… Continue reading GM Details Plan to Double its Revenue, Drive Even Higher Margins

GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios

WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Today, General Motors unveiled Ultra Cruise, an all-new, advanced driver-assistance technology and significant next step in the company’s journey to enable its goal of zero crashes, zero emissions and zero congestion. Designed to ultimately enable hands-free driving in 95 percent of all driving scenarios, Ultra Cruise eventually can be… Continue reading GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios

Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities

DUBLIN, Oct. 6, 2021 /PRNewswire/ — The “Automotive Glass Market Research Report by Application (Backlite, Rear Quarter Glass, and Side & Rear-View Mirror), by Type (Laminated and Tempered), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering.… Continue reading Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities

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