Valmet Automotive strengthens significantly its financial resources

Valmet Automotive strengthens its working capital financing with a EUR 100 million loan granted by Finnvera, a specialized financing company owned by the State of Finland, and guaranteed by the European Investment Bank’s Pan-European Guarantee Fund. The credit demonstrates the financial sector’s confidence in Valmet Automotive’s business strategy and growth, and it supports the company’s development… Continue reading Valmet Automotive strengthens significantly its financial resources

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

Electric mobility: Valmet Automotive further expands Kinematic Systems product range

Valmet Automotive, a global leader in vehicle contract manufacturing and Tier-1 supplier of battery systems and roof and kinematic solutions, significantly expands its comprehensive product range of kinematic systems for electric vehicles. Due to the strong market trend to electric mobility, the company expects high growth potential in the business of additional comfort systems, but… Continue reading Electric mobility: Valmet Automotive further expands Kinematic Systems product range

AUTOMOBILI PININFARINA EXPANDS PRESENCE IN NORTH AMERICA

MUNICH, and CAMBIANO, Italy, Jan. 18, 2022 /PRNewswire/ — Automobili Pininfarina has expanded its US presence with the appointment of two new retail partners in key locations.  Newport Beach Automotive Group in Orange County and Lake Forest Sportscars in Chicago will be responsible for the sale of the award-winning new Battista pure-electric hyper GT, which… Continue reading AUTOMOBILI PININFARINA EXPANDS PRESENCE IN NORTH AMERICA

Rimac Automobili to become a standalone business as Rimac Technology

The Rimac Group is now fully operational, from January 1, 2022, as an umbrella company that incorporates Bugatti Rimac (active from November 2021) and the new standalone Rimac Technology business. The Rimac Group is the majority shareholder in Bugatti Rimac with a 55% stake and Porsche owning the remaining 45%. Rimac Technology – the sister… Continue reading Rimac Automobili to become a standalone business as Rimac Technology

Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call

AURORA, Ontario, Jan. 17, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2021 RESULTS and 2022 OUTLOOK CONFERENCE CALL   FRIDAY – FEBRUARY 11, 2022 8:00 AM ET   DIAL IN NUMBERS  Toll-Free: 1-800-909-4145 International: 1-416-981-9023 Webcast: www.magna.com Slide presentation will be available on our website prior to… Continue reading Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call

Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride

Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed, Optimus Ride CEO Sean Harrington… Continue reading Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride

Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities

Majority of Optimus Ride engineering team joins Magna Bolsters Magna’s expertise in advanced sensing technologies Adds engineering center in Boston area AURORA, Ontario, Jan. 11, 2022 (GLOBE NEWSWIRE) — Magna has added more than 120 employees of Optimus Ride, a provider of autonomous vehicle and mobility solutions located in Boston, to enhance Magna’s capabilities in… Continue reading Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities