Schaeffler strengthens bearings business and develops bearings for electromobility

2022-02-18 | Herzogenaurach Innovative bearing technologies from Schaeffler are key to efficient, sustainable mobility The TriFinity triple-row bearing and the high-efficiency ball bearing with centrifugal disc offer outstanding efficiency and service life for all types of powertrain Custom solutions for electrified vehicles highlight Schaeffler’s successful transformation Innovative bearing solutions play a key role in sustainable… Continue reading Schaeffler strengthens bearings business and develops bearings for electromobility

Fisker opens reservations for second EV, the PEAR starting below $30k before taxes or incentives

As Fisker Inc. continues to work toward start of production of its flagship Ocean EV, it has begun taking reservations for its second model, the PEAR – a compact, five-passenger “urban EV.” With the opening of reservations, Fisker is also claiming the PEAR will start at an MSRP below $30,000 in the US, and that’s… Continue reading Fisker opens reservations for second EV, the PEAR starting below $30k before taxes or incentives

Auto parts maker Magna sees initial hit from Canadian bridge blockade

By Shivansh Tiwary (Reuters) – Auto parts maker Magna International Inc said on Friday disruptions at the Ambassador bridge caused by Canadian trucker protests against coronavirus mandates have started to have some initial impact on its operations. The protesters, who have caused a gridlock in the Canadian capital since late January, have since Monday used… Continue reading Auto parts maker Magna sees initial hit from Canadian bridge blockade

Magna Announces Board Leadership and Other Changes

Board Chair, William L. Young, not standing for re-election Audit Committee Chair, Robert F. MacLellan, selected by Board to succeed as Board Chair in May Dr. Thomas Weber has been appointed to Board AURORA, Ontario, Feb. 11, 2022 (GLOBE NEWSWIRE) — Magna announced today upcoming changes to the leadership of its Board of Directors, ahead… Continue reading Magna Announces Board Leadership and Other Changes

Magna Announces Fourth Quarter 2021 Results and Outlook

Fourth Quarter 2021 Highlights Sales of $9.1 billion decreased 14%, compared to a 17% decrease in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share of $1.54 and $1.30, respectively, compared to $2.45 and $2.83 last year Returned $378 million to shareholders through share repurchases and dividends Raised quarterly cash… Continue reading Magna Announces Fourth Quarter 2021 Results and Outlook

Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System

System solution fully integrates camera and electronics into the interior mirror Driver and in-cabin occupant monitoring achieved with a single camera Starts production in 2024 with German automaker AURORA, Ontario, Feb. 07, 2022 (GLOBE NEWSWIRE) — With the rapid global growth of advanced driver assistance systems (ADAS), driver monitoring is quickly becoming an important feature… Continue reading Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System

Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans

American EV automaker Fisker Inc. announced its flagship Ocean SUV will make its official debut in Europe at Mobile World Congress in Barcelona, Spain. The annual trade show will take place from February 28 to March 3, and will give visitors a first chance to see the Fisker Ocean up close in Europe, ahead of… Continue reading Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans

Magna annonce la date de la conférence téléphonique portant sur ses résultats du 4e trimestre, la fin de l’exercice 2021 et les perspectives pour 2022

AURORA, Ontario, 24 janv. 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX :MG) (NYSE :MGA) MAGNA ANNONCE LA DATE DE LA CONFÉRENCE TÉLÉPHONIQUE PORTANT SUR SES RÉSULTATS DU 4E TRIMESTRE, LA FIN DE L’EXERCICE 2021 ET LES PERSPECTIVES POUR 2022   VENDREDI – 11 FÉVRIER 2022 8h00, heure de l’Est   NUMÉROS À COMPOSER N° gratuit : 1-800-909-4145 International :… Continue reading Magna annonce la date de la conférence téléphonique portant sur ses résultats du 4e trimestre, la fin de l’exercice 2021 et les perspectives pour 2022

Magna gibt Termin für Telefonkonferenz zu den Ergebnissen des vierten Quartals und Jahresendes 2021 sowie den Ausblick für 2022 bekannt

AURORA, Ontario, Jan. 24, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA GIBT TERMIN FÜR TELEFONKONFERENZ ZU DEN ERGEBNISSEN DES VIERTEN QUARTALS UND JAHRESENDES 2021 SOWIE DEN AUSBLICK FÜR 2022 BEKANNT   FREITAG – 11. FEBRUAR 2022 08:00 UHR (EASTERN TIME)   EINWAHLNUMMERN  Gebührenfrei: +1-800-909-4145 International: +1-416-981-9023 Webcast: www.magna.com Die Präsentation steht vor der Webkonferenz… Continue reading Magna gibt Termin für Telefonkonferenz zu den Ergebnissen des vierten Quartals und Jahresendes 2021 sowie den Ausblick für 2022 bekannt

Sony seeks new partners for transformative EV project -executive

Sony seeks partners to make cars into entertainment spaces Transformation of cars similar to rise of smartphones TOKYO, Jan 21 (Reuters) – Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony… Continue reading Sony seeks new partners for transformative EV project -executive