GM delivered 713,600 units in Q2 in China, down 5% y/y

BEIJING, July 3 (Reuters) – General Motors Co’s vehicle sales in China fell at a slower pace of 5.3% between April and June compared with the same period last year, as the Detroit automaker’s China operations recover from coronavirus-induced lows. GM, China’s second-biggest foreign automaker, delivered 713,600 vehicles in the country in the second quarter… Continue reading GM delivered 713,600 units in Q2 in China, down 5% y/y

Lear Corporation — Moody’s announces completion of a periodic review of ratings of Lear Corporation

Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Lear Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a… Continue reading Lear Corporation — Moody’s announces completion of a periodic review of ratings of Lear Corporation

Dana Financing Luxembourg Sarl — Moody’s announces completion of a periodic review of ratings of Dana Incorporated

Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Dana Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a… Continue reading Dana Financing Luxembourg Sarl — Moody’s announces completion of a periodic review of ratings of Dana Incorporated

BorgWarner Inc. — Moody’s announces completion of a periodic review of ratings of BorgWarner Inc.

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of BorgWarner Inc. New York, July 02, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of BorgWarner Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio… Continue reading BorgWarner Inc. — Moody’s announces completion of a periodic review of ratings of BorgWarner Inc.

Goodyear Tire & Rubber Company (The) — Moody’s announces completion of a periodic review of ratings of Goodyear Tire & Rubber Company (The)

Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Goodyear Tire & Rubber Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies),… Continue reading Goodyear Tire & Rubber Company (The) — Moody’s announces completion of a periodic review of ratings of Goodyear Tire & Rubber Company (The)

NIO Inc. Provides June and Second Quarter 2020 Delivery Update

Company Achieved Record-High Monthly and Quarterly Deliveries NIO delivered 10,331 vehicles in the three months ended June 2020, exceeding quarterly guidance NIO delivered 3,740 vehicles in June 2020 setting a new monthly record Cumulative deliveries of ES8 and ES6 reached 46,082 SHANGHAI, China, July 02, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”)… Continue reading NIO Inc. Provides June and Second Quarter 2020 Delivery Update

Continental Tire Recognized by General Motors as a 2019 Supplier of the Year Winner

Recognition marks third consecutive year that Continental Tire has been honored and its fourth award in five years. Continental Tire has long partnered with GM to provide quality products and services. AUBURN HILLS, Mich., July 2, 2020 – Continental was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring… Continue reading Continental Tire Recognized by General Motors as a 2019 Supplier of the Year Winner

BorgWarner celebrates 3 years without accidents in the Brusque, Brazil Facility

The company’s focus on safety and the employees’ safe behavior enabled the achievement of this record The engagement of all company areas allowed the milestone of three years without accidents to be reached The achievement was recognized with a global safety award   Brusque, Brazil, July 1st, 2020 – BorgWarner celebrates the milestone of three… Continue reading BorgWarner celebrates 3 years without accidents in the Brusque, Brazil Facility

Magna International Investments S.A. — Moody’s announces completion of a periodic review of ratings of Magna International Inc.

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Magna International Inc. Toronto, June 30, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Magna International Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a… Continue reading Magna International Investments S.A. — Moody’s announces completion of a periodic review of ratings of Magna International Inc.

Eaton Commits to Aggressive Science-based Targets to Mitigate Catastrophic Climate Change

Eaton aims to be carbon neutral in its operations by 2030 Power management company Eaton (NYSE:ETN) today announced it will join the global movement to limit the increase of the world’s temperature to 1.5°C by committing to science-based targets. These targets include cutting carbon emissions from the company’s operations by at least 50 percent by… Continue reading Eaton Commits to Aggressive Science-based Targets to Mitigate Catastrophic Climate Change