Singapore-based Openspace Ventures and mid-market private equity firm Vietnam Investment Group (VIG) are understood to have co-led a $25 million funding round for Vietnamese robo-advisor Finhay. Finhay’s existing backer, Thien Viet Securities (TVS), also participated in the round, sources familiar with the matter told DealStreetAsia. Go to Source
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@Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389
May 5, 2022 NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary… Continue reading @Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389
08:00 ETAdient to discuss Q2 fiscal 2022 financial results on May 5, 2022Adient (NYSE: ADNT), a global leader in automotive seating, will host a call …
PLYMOUTH, Mich., April 6, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on May 5, 2022 at 8:30 a.m. (ET) to discuss its second quarter fiscal 2022 financial results. The call will be hosted by Adient’s president and chief executive officer, Douglas Del Grosso, and… Continue reading 08:00 ETAdient to discuss Q2 fiscal 2022 financial results on May 5, 2022Adient (NYSE: ADNT), a global leader in automotive seating, will host a call …
Hyundai New Horizons Studio to Design and Build Ultimate Mobility Vehicles in Bozeman, Montana
“Montana is quickly becoming a hub for high-tech companies and entrepreneurs with a growing talent pool of skilled labor in the field of engineering, research and natural science,” said Dr. John Suh, head of New Horizons Studio and vice president, Hyundai Motor Group. “Bozeman is a thriving and economic micropolitan city. Nestled near dozens of… Continue reading Hyundai New Horizons Studio to Design and Build Ultimate Mobility Vehicles in Bozeman, Montana
UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery
New light commercial vehicle registrations fall to 21,597 units in April, a decline of -29.1% compared with best-on-record month last year. Registrations of large vans down -19.1%, while deliveries of medium-sized vans, the second largest segment by volume, drop by -48.6%. Supply chain challenges result in downward revision of outlook for 2022 to 328,000 units,… Continue reading UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery
April new car market declines -15.8% as supply constraints see 2022 outlook downgraded
UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%. SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply. Plug-in cars anticipated to account for more than a quarter of market in 2022 but additional assurance needed… Continue reading April new car market declines -15.8% as supply constraints see 2022 outlook downgraded
@VW Group: Volkswagen Group and SEAT S.A. to mobilize 10 billion euros to electrify Spain005008
The Volkswagen Group and SEAT S.A. will mobilize 10 billion euros, together with their partners in the Future: Fast Forward project, in the event of a positive resolution of the PERTE VEC. This was announced today by Herbert Diess, CEO of the Volkswagen Group, who visited the Parc Sagunt II site, together with Pedro Sánchez,… Continue reading @VW Group: Volkswagen Group and SEAT S.A. to mobilize 10 billion euros to electrify Spain005008
@VW Group: Bentley follows record sales year with best-ever first quarter005009
Bentley Motors today announced record financial results for the first quarter of 2022. The encouraging figures reveal an unparalleled performance by the luxury British marque across the first three months of a year, with operating profits up 162 per cent to €170 million, mirroring the company’s second highest full-year profit figure ever. The announcement follows… Continue reading @VW Group: Bentley follows record sales year with best-ever first quarter005009
NEW GOODYEAR MANUFACTURING PROCESS ENABLES INDUSTRY-LEADING RESPONSE TIME
The Goodyear Tire & Rubber Company officially opened its new manufacturing facility in Dudelange, Luxembourg, today following a $77 million investment in its industry 4.0 digital manufacturing process. The new facility is a first of its kind for Goodyear and it will provide opportunities to learn, test and mature technology as production capability continues to… Continue reading NEW GOODYEAR MANUFACTURING PROCESS ENABLES INDUSTRY-LEADING RESPONSE TIME
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958
Ladies and Gentlemen, Strong products and desirable brands are the foundation of the BMW Group’s success as a company. With our customer-centric portfolio, we have experienced very robust demand in recent years, despite the difficult circumstances. We are seeing this trend grow even more this year. Never before in the history of our company have our pre-orders… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2022001958