JINHUA, China, Oct. 11, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that in order to have an audit firm more accessible to PCAOB inspections, the Company has appointed Marcum Bernstein & Pinchuk LLP (“MBP”) as the Company’s new independent registered public accounting firm effective… Continue reading Kandi Technologies Announces Change of Independent Accounting Firm to Marcum Bernstein & Pinchuk LLP
Tag: Strategy
UPDATE 5-GM appeals directly to employees as strike losses mount, riling UAW
DETROIT/WASHINGTON (Reuters) – General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike, angering the union with which it is negotiating. FILE PHOTO: Striking union workers walk the picket line outside… Continue reading UPDATE 5-GM appeals directly to employees as strike losses mount, riling UAW
GM appeals directly to employees as strike losses mount, riling UAW
DETROIT/WASHINGTON (Reuters) – General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike, angering the union with which it is negotiating. FILE PHOTO: Striking union workers walk the picket line outside… Continue reading GM appeals directly to employees as strike losses mount, riling UAW
Subaru Corporation Receives Securities Analysts’Award for Excellence in Corporate Disclosure for 6th Consecutive Year
October 10, 2019
Subaru Corporation Receives Securities Analysts’
Award for Excellence in Corporate Disclosure for 6th Consecutive Year
Tokyo, October 10, 2019 – Subaru Corporation has been selected as the top company in the “automobile, auto parts and tires” category of the 2019 Awards for Excellence in Corporate Disclosure presented by the Securities Analysts Association of Japan (SAAJ). Subaru received the highest marks among the 20 companies in the category that were evaluated. This is the 6th consecutive year that Subaru has been ranked at the top in the category.
The Excellence in Corporate Disclosure Awards have been presented by the SAAJ every year since 1995 with the goal of improving corporate information disclosure. This year marks the 25th year that the award program has been held. Companies are evaluated by securities analysts of each sector on the basis of the following five criteria:
1) management’s stance on investor relations, the function of a corporation’s investor relations department, and basic stance of a corporation’s investor relations; 2) disclosures through briefings, interviews, and explanatory materials; 3) fairness in disclosure; 4) disclosure related to corporate governance; and 5) voluntary disclosure that conforms to conditions of each industry.
As the company’s management philosophy, Subaru aims to be “a compelling company with a strong market presence” built upon its customer-first principle.
We will continue to meet our responsibilities as a company that conducts its business on the global stage and, in our IR activities, will seek to further enhance shareholder and investor understanding of Subaru through the broad-based and fair disclosure of corporate information.
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Board of Directors of Renault’s PRESS RELEASE
Boulogne-Billancourt, October 11th, 2019 – The Board of Directors of Renault met today to decide on the Group’s governance. At this meeting, the Board of Directors decided to end the mandate of Mr Thierry Bolloré as Chief Executive Officer of Renault SA and President of Renault s.a.s with immediate effect. The Board of Directors also… Continue reading Board of Directors of Renault’s PRESS RELEASE
Renault seeks reboot of Nissan alliance after ousting CEO
PARIS (Reuters) – Renault’s (RENA.PA) board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan (7201.T) seek a fresh start following the scandal-hit tenure of former alliance supremo Carlos Ghosn. FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, reacts after French carmaker Renault’s 2018 annual results… Continue reading Renault seeks reboot of Nissan alliance after ousting CEO
Renault board to meet, as CEO denounces potential exit as ‘coup’
PARIS, Oct 10 (Reuters) – Renault SA's CEO, Thierry Bollore, denounced as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters.
Bollore also told Les Echos newspaper on Thursday he was appealing to the key Renault shareholder, the French state, to avoid destabilising the company.
“The brutality and the totally unexpected character of what is happening are stupefying … This coup de force is very worrying,” Bollore said.
Earlier, Bollore had skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said.
A source close to the French government – a major Renault shareholder – earlier this week confirmed that a senior management shake-up at Renault was on the cards.
Le Figaro newspaper reported that Chairman Jean-Dominique Senard was poised to kick off a process to replace Bollore.
The French finance ministry expressed its support of Senard on Thursday..
Toyota Fleet Mobility buys major UK leasing firm
Toyota Fleet Mobility has confirmed plans to buy one of the UK’s largest full service leasing companies, Inchcape Fleet Solutions (IFS), for £100 million (€113.5 million). The acquisition continues Toyota’s strategy to develop from a vehicle maker to a mobility provider. Toyota Fleet Mobility was created in 2018 as a joint venture between Toyota Financial… Continue reading Toyota Fleet Mobility buys major UK leasing firm
BMW Group sales growth increases further in September
Munich. In the first nine months of the year, the BMW Group grew its worldwide sales by 1.7%, to 1,866,198 units. Deliveries in September were up 4.6% on the same month last year, with a total of 248,684 premium BMW, MINI and Rolls-Royce vehicles delivered to customers. “Following the successful market launch of the new… Continue reading BMW Group sales growth increases further in September
Press Releases – Fuel cell vehicles: EU must act to build up much-needed hydrogen infrastructure
Brussels, 10 October 2019 – The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refuelling infrastructure for fuel cell electric vehicles. Fuel cell vehicles can contribute positively to the overall decarbonisation agenda of the EU.… Continue reading Press Releases – Fuel cell vehicles: EU must act to build up much-needed hydrogen infrastructure