GM reduces loan refinancing target, may pay up for new debt

NEW YORK (LPC) – General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its bank group during an unprecedented health crisis in the US. FILE PHOTO: The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe,… Continue reading GM reduces loan refinancing target, may pay up for new debt

Edited Transcript of KBX.DE earnings conference call or presentation 11-Mar-20 12:15pm GMT

Q4 2019 Knorr Bremse AG Earnings Call Apr 3, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Wednesday, March 11, 2020 at 12:15:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andreas Spitzauer Knorr-Bremse Aktiengesellschaft – Head of IR * Bernd Eulitz Knorr-Bremse Aktiengesellschaft – Chairman… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 11-Mar-20 12:15pm GMT

Edited Transcript of HLE.DE earnings conference call or presentation 2-Apr-20 8:00am GMT

Q3 2020 HELLA GmbH & Co KgaA Earnings Call Lippstadt Apr 2, 2020 (Thomson StreetEvents) — Edited Transcript of HELLA GmbH & Co KgaA earnings conference call or presentation Thursday, April 2, 2020 at 8:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Rolf Breidenbach HELLA GmbH & Co. KGaA – Chairman of… Continue reading Edited Transcript of HLE.DE earnings conference call or presentation 2-Apr-20 8:00am GMT

Daimler secures $13 billion loan facility

FRANKFURT, April 2 (Reuters) – Daimler said on Thursday it has signed an agreement for a 12 billion euro ($13 billion) credit line to increase its financial flexibility in the current coronavirus crisis. The credit line comes in addition to an 11 billion euro revolving credit with a term until 2025, including extension options. The… Continue reading Daimler secures $13 billion loan facility

Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT

Q4 2019 Continental AG Earnings Call Hanover Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of Continental AG earnings conference call or presentation Thursday, March 5, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Bernard Wang Continental Aktiengesellschaft – Head of IR * Wolfgang Schäfer Continental Aktiengesellschaft – CFO &… Continue reading Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT

Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT

Q3 2019 Elringklinger AG Earnings Call Dettingen/Erms Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Monday, March 30, 2020 at 12:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT

UPDATE 2-General Motors to draw down $16 billion in credit, suspends 2020 outlook

(Reuters) – General Motors Co said on Tuesday it will draw about $16 billion from its credit lines in a bid to beef up liquidity amid rising business impact from the fast-spreading coronavirus outbreak. FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019.… Continue reading UPDATE 2-General Motors to draw down $16 billion in credit, suspends 2020 outlook

Tesla to halt operations at two US factories due to Coronavirus

Tesla is to temporarily stop operations at two of its factories in California and New York in response to concerns about the coronavirus pandemic. In an announcement on Thursday, Tesla said it would “temporarily suspend production” at its 10,000-employee factory in Fremont, California, its main car assembly hub in the United States, by the end… Continue reading Tesla to halt operations at two US factories due to Coronavirus

Edited Transcript of KBX.DE earnings conference call or presentation 27-Nov-19 12:30pm GMT

Q3 2019 Knorr Bremse AG Earnings Call Mar 13, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Wednesday, November 27, 2019 at 12:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andreas Spitzauer Knorr-Bremse Aktiengesellschaft – Head of IR * Bernd Eulitz Knorr-Bremse Aktiengesellschaft – Chairman… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 27-Nov-19 12:30pm GMT

UPDATE 1-Ford takes aim at Jeep with new Bronco SUVs

DETROIT (Reuters) – Nearly 55 years after the debut of the original Ford Bronco — and 24 years after the demise of the last one — Ford Motor Co. (F.N) is dusting off one of its treasured nameplates this spring in hopes of reviving a decades-old rivalry with Fiat Chrysler Automobile’s (FCHA.MI) popular Jeep brand.… Continue reading UPDATE 1-Ford takes aim at Jeep with new Bronco SUVs