Valmet Automotive has signed a public commitment letter to set science-based climate targets. The targets will be in line with the Science Based Targets Initiative, indicating how much and how quickly the company needs to reduce its greenhouse gas emissions to limit global warming from exceeding 1.5 °C aligned with the Paris Agreement. The automotive sector… Continue reading Valmet Automotive commits to Science Based Target Initiative in climate actions
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Battista pure-electric hyper GT makes its Saudi Arabia debut
The Battista pure-electric hyper GT by Automobili Pininfarina has arrived on the roads of the Middle East as it makes its dynamic launch in Riyadh, Saudi Arabia The Italian electric luxury brand has expanded its presence in the region with Nine Motors appointed as its new retail partner in Saudi Arabia The Battista boasts 1,900 hp, 2,340… Continue reading Battista pure-electric hyper GT makes its Saudi Arabia debut
Battista pure-electric hyper GT makes its Saudi Arabia debut
The Battista pure-electric hyper GT by Automobili Pininfarina has arrived on the roads of the Middle East as it makes its dynamic launch in Riyadh, Saudi Arabia The Italian electric luxury brand has expanded its presence in the region with Nine Motors appointed as its new retail partner in Saudi Arabia The Battista boasts 1,900 hp, 2,340… Continue reading Battista pure-electric hyper GT makes its Saudi Arabia debut
Battista pure-electric hyper GT makes its Saudi Arabia debut
The Battista pure-electric hyper GT by Automobili Pininfarina has arrived on the roads of the Middle East as it makes its dynamic launch in Riyadh, Saudi Arabia The Italian electric luxury brand has expanded its presence in the region with Nine Motors appointed as its new retail partner in Saudi Arabia The Battista boasts 1,900… Continue reading Battista pure-electric hyper GT makes its Saudi Arabia debut
iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
TAIPEI, Nov. 10, 2022 /PRNewswire/ — Integrated Service Technology Inc. (iST) announced today that after going through tedious multiple reviews, the Automotive Electronics Council (AEC) – the highest level of global automotive electronics qualification association – has recently officially recognized iST as one of its Associate Member. There are only 93 firms in the world, 9… Continue reading iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
@Fisker: All-Electric Fisker Ocean Wins Green Car Journal’s ‘Green SUV Of The Year 2023’ Award000105
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – is delighted to win the esteemed ‘Green SUV Of The Year 2023’ award from the Green Car Journal. Beating out stiff competition from long-established OEMs, the Fisker Ocean is an exemplary model with… Continue reading @Fisker: All-Electric Fisker Ocean Wins Green Car Journal’s ‘Green SUV Of The Year 2023’ Award000105
@Fisker: All-Electric Fisker Ocean Wins Green Car Journal’s ‘Green SUV Of The Year 2023’ Award000105
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – is delighted to win the esteemed ‘Green SUV Of The Year 2023’ award from the Green Car Journal. Beating out stiff competition from long-established OEMs, the Fisker Ocean is an exemplary model with… Continue reading @Fisker: All-Electric Fisker Ocean Wins Green Car Journal’s ‘Green SUV Of The Year 2023’ Award000105
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Magna International Inc. AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Magna International Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
Magna International (TSE:MG) Third Quarter 2022 Results Key Financial Results Revenue: US$9.27b (up 17% from 3Q 2021). Net income: US$289.0m (up by US$278.0m from 3Q 2021). Profit margin: 3.1% (up from 0.1% in 3Q 2021). EPS: US$1.00 (up from US$0.037 in 3Q 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing… Continue reading Magna International Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags