Magna – Page 15 – I wish I had more to offer

Marelli Group appoints Kelei Shen as Executive Vice President and President of China

Kelei Shen New Delhi: Marelli, a global mobility technology supplier, announced that Kelei Shen will become Executive Vice President and President China starting July 1, 2024. Shen will drive Marelli’s extensive growth plans in China, focusing on growth, innovation, operational and financial performance, commercial excellence, cross-selling, and employee engagement. Kelei Shen will lead Marelli’s business… Continue reading Marelli Group appoints Kelei Shen as Executive Vice President and President of China

Marelli Group appoints Kelei Shen as Executive Vice President and President of China

Marelli, the global mobility technology supplier, today announced that Kelei Shen will assume the role of Executive Vice President and President China effective July 1, 2024. Kelei Shen succeeds Dr. David Fan, who has decided to leave Marelli and will lead the company’s growth plans for China. Kelei Shen will drive Marelli’s business in the world’s largest and… Continue reading Marelli Group appoints Kelei Shen as Executive Vice President and President of China

Brains Earns Great Place to Work Certification for 7th Consecutive Year

Leading with Purpose, Brains Sets the Standard in Culture and Innovation for Creative Agencies LOS ANGELES and GREENVILLE, S.C., July 3, 2024 /PRNewswire/ — Brains is proud to be Certified™ by Great Place To Work® for the 7th year in a row. The prestigious award is based entirely on what current employees say about their… Continue reading Brains Earns Great Place to Work Certification for 7th Consecutive Year

Magna Announces Date for Q2 2024 Results Call

AURORA, Ontario, July 02, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. SECOND QUARTER 2024 RESULTS WEBCAST FRIDAY – AUGUST 2, 2024 8:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/760182349 DIAL IN DETAILS Participant Toll-Free Dial-In: 1-800-715-9871 Participant Toll Dial-In: 1-646-307-1963 Conference ID: 9829976 Slide presentation will be available on… Continue reading Magna Announces Date for Q2 2024 Results Call

From burritos to biotech: How robotics startup Cartken found its AV niche

Cartken and its diminutive sidewalk delivery robots first rolled into the world with a narrow charter: carrying everything from burritos and bento boxes to pizza and pad thai that last mile to hungry customers. But the vision — thanks to the startup’s approach to autonomous vehicle technology — was always broader, according to Cartken co-founder… Continue reading From burritos to biotech: How robotics startup Cartken found its AV niche

Sanctuary AI Announces Strategic Financing From BDC Capital and InBC

Sanctuary’s existing investors include Accenture, Bell, Export Development Canada, Evok Innovations, Magna, SE Health, Verizon Ventures, and Workday Ventures. It also received a $30 million Strategic Innovation Fund (SIF) contribution from the Government of Canada in November 2022. “Following the incredible impact of pre-trained transformers on the digital world over the last seven years, with… Continue reading Sanctuary AI Announces Strategic Financing From BDC Capital and InBC

Magna Announces Date for Q2 2024 Results Call

Bargain or burden? The truth about buying a Fisker Ocean

News that Fisker Group, the US electric car maker behind the Ocean SUV, has filed for Chapter 11 bankruptcy protection won’t have surprised many owners of its vehicles, who have been monitoring the company’s troubles in recent months. However, for those bold enough to seize the opportunity, this development opens up the prospect of bargains… Continue reading Bargain or burden? The truth about buying a Fisker Ocean

Fisker faced financial distress as early as last August

Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier this week. The admission provides a clearer picture of Fisker’s troubles in 2023 as it struggled to ramp up deliveries of its flagship Ocean SUV, despite CEO… Continue reading Fisker faced financial distress as early as last August

On Semiconductor (ON) Expands SiC Footprint in Czech Republic

On Semiconductor ON is expanding its footprint in Europe with an initiative, which is aimed at bolstering its capabilities in silicon carbide (SiC) manufacturing. The company recently announced its plans to invest up to $2 billion (44 billion CZK) in a vertically-integrated SiC manufacturing facility in the Czech Republic. The multi-year investment underscores ON’s commitment… Continue reading On Semiconductor (ON) Expands SiC Footprint in Czech Republic