Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

KYOTO, Japan, Feb. 18, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announces the status of the Company’s share repurchases under its repurchase plan in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan. The Company also announces… Continue reading Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

Veoneer publishes 2021 Annual and Sustainability Reports

STOCKHOLM, Feb. 18, 2022 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has filed its 2021 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The 2021 Annual Report on Form 10-K is available at the SEC Edgar website: www.sec.gov and on Veoneer’s web site veoneer.com.… Continue reading Veoneer publishes 2021 Annual and Sustainability Reports

Autoliv provides exterior airbag for Nuro’s autonomous vehicle

STOCKHOLM, Feb. 18, 2022 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, and Nuro, a leading autonomous vehicle company, are collaborating to ensure a high safety standard for Nuro’s new third-generation, production-grade autonomous delivery vehicle. As the most advanced zero-occupant vehicle designed by Nuro to date, the new… Continue reading Autoliv provides exterior airbag for Nuro’s autonomous vehicle

Visteon to Announce Fourth-Quarter and Full-Year 2021 Results on Feb. 17

VAN BUREN TOWNSHIP, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its fourth-quarter and full-year 2021 financial results prior to 7 a.m. ET on Thursday, Feb. 17. The company will host a conference call for the investment community at 9 a.m. ET… Continue reading Visteon to Announce Fourth-Quarter and Full-Year 2021 Results on Feb. 17

Visteon Announces 2021 Financial Results and 2022 Outlook

VAN BUREN TOWNSHIP, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2021 financial results that exceed its previous outlook.   Highlights include: $786 million Q4 net sales; 15% growth-over-market1 Net income of $31 million in Q4 or $1.09 per diluted share Adjusted EBITDA of $92 million, 11.7%… Continue reading Visteon Announces 2021 Financial Results and 2022 Outlook

Lucid Expands Retail Network with New Studio in Short Hills, New Jersey

“Our new Studio in Short Hills will bring significant visibility for the Lucid Air in a state that has expressed its commitment to EVs, and will help us to further our mission to inspire the adoption of sustainable energy,” said Zak Edson, Vice President of Sales and Service of Lucid. “This location is the first… Continue reading Lucid Expands Retail Network with New Studio in Short Hills, New Jersey

FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO

LISBON, Portugal, Feb. 17, 2022 /PRNewswire/ — Faurecia Aptoide, the leading automotive App Store, is announcing its most recent partnership with Leading Courses, allowing car owners around the world to find and book golf courses on-the-go directly from their car’s infotainment system. Faurecia Aptoide is a joint venture between Faurecia, one of the world’s leading automotive… Continue reading FAURECIA APTOIDE BRINGS LEADING COURSES ON BOARD, ALLOWING CAR OWNERS TO BOOK GOLF COURSES ON-THE-GO

RideCo Raises $20 Million in Series A Funding to Accelerate Growth of its On-Demand Transit Platform

Amidst a shift in how humans move in cities, new financing round led by Eclipse Ventures enables RideCo to solve transit pain points for cities and riders while making transit more convenient, cost effective, and sustainable WATERLOO, ON, Feb. 17, 2022 /PRNewswire/ — RideCo, the on-demand transit technology company making public transportation more convenient to ride… Continue reading RideCo Raises $20 Million in Series A Funding to Accelerate Growth of its On-Demand Transit Platform

AutoNation Reports All-Time Record Quarterly and Full Year EPS

FORT LAUDERDALE, Fla., Feb. 17, 2022 /PRNewswire/ — AutoNation, Inc. (NYSE: AN), America’s largest and most recognized automotive retailer, today reported its seventh consecutive record quarterly EPS. Fourth quarter 2021 revenue was $6.6 billion, an increase of 14%, driven by used vehicle revenue which increased 55%, more than offsetting the decline in new vehicle revenue of… Continue reading AutoNation Reports All-Time Record Quarterly and Full Year EPS

Allison Transmission Announces Fourth Quarter and Full Year 2021 Results

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 20 percent increase in net sales from the same period in 2020, and a 14 percent… Continue reading Allison Transmission Announces Fourth Quarter and Full Year 2021 Results