Category: Suppliers

NIO Inc. Announces Pricing of Offering of 72,000,000 American Depositary Shares

SHANGHAI, China, June 11, 2020 (GLOBE NEWSWIRE) — NIO Inc. (NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the pricing of the offering of 72,000,000 American depositary shares (the “ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”), at a price of… Continue reading NIO Inc. Announces Pricing of Offering of 72,000,000 American Depositary Shares

Lear Adds Production to Pine Grove, PA Facility to Make 500,000 Protective Face Masks per Week

SOUTHFIELD, Mich., June 11, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has added new equipment to its operations in Pine Grove, Pa., to make up to 500,000 protective face masks per week. The Pine Grove facility is among 10 Lear plants on three… Continue reading Lear Adds Production to Pine Grove, PA Facility to Make 500,000 Protective Face Masks per Week

Goodyear Joins Turo to Provide Timely Cleaning Service for it’s Car-Sharing CommunityJun 8, 2020AKRON, Ohio, June 8, 2020 – The Goodyear Tire & Rubber…

AKRON, Ohio, June 8, 2020 – The Goodyear Tire & Rubber Company, through its innovative fleet servicing platform, AndGo by Goodyear, is providing on-demand and on-location professional vehicle services for Turo, the leading peer-to-peer car-sharing marketplace. The AndGo by Goodyear offer for Turo hosts is currently available in Southern California, with more markets coming soon.… Continue reading Goodyear Joins Turo to Provide Timely Cleaning Service for it’s Car-Sharing CommunityJun 8, 2020AKRON, Ohio, June 8, 2020 – The Goodyear Tire & Rubber…

Aptiv Corporation — Moody’s confirms Aptiv’s ratings at Baa2, outlook stable

Moody’s Investors Service, (“Moody’s”) has today confirmed the senior unsecured ratings of Aptiv Plc (Aptiv, or the group) at Baa2. Concurrently, Moody’s has also confirmed the senior unsecured notes issued by the group’s subsidiary Aptiv Corporation (formerly Delphi Corporation) at Baa2. The outlook on the ratings changed to stable from ratings under review. Go to… Continue reading Aptiv Corporation — Moody’s confirms Aptiv’s ratings at Baa2, outlook stable

Aptiv PLC Announces Proposed Offerings of Ordinary Shares and Mandatory Convertible Preferred Shares

DUBLIN, June 8, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) (the “Company”) today announced that it has commenced concurrent proposed offerings of $1.0 billion of ordinary shares (the “Ordinary Shares Offering”) and $1.0 billion of Series A Mandatory Convertible Preferred Shares (the “mandatory convertible preferred shares”) (the “Preferred Shares Offering,” and together with the Ordinary… Continue reading Aptiv PLC Announces Proposed Offerings of Ordinary Shares and Mandatory Convertible Preferred Shares

Magna Announces Senior Notes Offering

AURORA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:  MG; NYSE:  MGA) today announced that it has entered into an underwriting agreement providing for the issuance of U.S.$750 million aggregate principal amount of its senior unsecured notes pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission… Continue reading Magna Announces Senior Notes Offering

The cockpit revolution: A driving force behind the next-generation automotive experience

By Visteon Corporation Cockpit trends and safety requirements are creating new challenges and opportunities for in-vehicle electronics. To address these trends, Visteon is driving the cockpit revolution through all-digital, integrated solutions that help automakers connect exterior sensing and the interior experience – taking safety and the user experience to the next level. As the only… Continue reading The cockpit revolution: A driving force behind the next-generation automotive experience