Amazon-backed EV startup Rivian has laid off about 40 employees at its engineering and design center in Plymouth, Michigan, The Verge has learned. The cuts, which the company has confirmed to The Verge, were made across departments and included engineers, recruiters, and others, according to two former employees. The company has also made a number… Continue reading Rivian makes cuts and names new chief operating officer
Tag: Morgan
Edited Transcript of ZIL2.DE earnings conference call or presentation 7-May-20 12:00pm GMT
Q1 2020 Elringklinger AG Earnings Call Dettingen/Erms May 27, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Thursday, May 7, 2020 at 12:00:00pm 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 7-May-20 12:00pm GMT
McLaren pledges luxury cars as collateral in bid to secure £250m
When the government called for British industry to help build life-saving ventilators as the scale of the coronavirus crisis became clear, McLaren was one of the first to step forward. As part of the VentilatorChallengeUK consortium alongside Airbus and Rolls-Royce, by mid-April the Formula One firm was making components for the life-saving machines and building… Continue reading McLaren pledges luxury cars as collateral in bid to secure £250m
Edited Transcript of APTV earnings conference call or presentation 5-May-20 12:00pm GMT
Q1 2020 Aptiv PLC Earnings Call May 22, 2020 (Thomson StreetEvents) — Edited Transcript of Aptiv PLC earnings conference call or presentation Tuesday, May 5, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Elena Doom Rosman Aptiv PLC – VP of IR * Joseph R. Massaro Aptiv PLC – Senior… Continue reading Edited Transcript of APTV earnings conference call or presentation 5-May-20 12:00pm GMT
Ferrari Pricing of Issue of Notes
Maranello (Italy), 20 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) (the “Issuer”) today announces the pricing of a Euro 650 million issue of notes due in May 2025 (the “Notes”), being the initial offering for a minimum benchmark size more than five times oversubscribed. The issue price of the Notes is equal to 98.898% of… Continue reading Ferrari Pricing of Issue of Notes
Edited Transcript of GT earnings conference call or presentation 30-Apr-20 12:15pm GMT
Q1 2020 Goodyear Tire & Rubber Co Earnings Call AKRON May 18, 2020 (Thomson StreetEvents) — Edited Transcript of Goodyear Tire & Rubber Co earnings conference call or presentation Thursday, April 30, 2020 at 12:15:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Darren R. Wells The Goodyear Tire & Rubber Company –… Continue reading Edited Transcript of GT earnings conference call or presentation 30-Apr-20 12:15pm GMT
@Ferrari: Ferrari Pricing of Issue of Notes
Maranello (Italy), 20 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) (the “Issuer”) today announces the pricing of a Euro 650 million issue of notes due in May 2025 (the “Notes”), being the initial offering for a minimum benchmark size more than five times oversubscribed. The issue price of the Notes is equal to 98.898% of… Continue reading @Ferrari: Ferrari Pricing of Issue of Notes
Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Xpeng Motors receives production license for its self-owned Zhaoqing factory Customer deliveries of Xpeng P7 to start in 2Q (Guangzhou, May 19, 2020) – Xpeng Motors, a leading electric vehicle and technology company, today announced that it has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built,… Continue reading Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Press: ZF secures additional liquidity
Technology group enters into an additional €1.35 billion credit facility Total amount increased as a result of positive response throughout syndication process Financial covenants adjusted due to high market volatility Friedrichshafen, Germany. ZF Friedrichshafen AG has increased its financial headroom with a new €1.35 billion syndicated credit facility. The facility strengthens the company’s liquidity and… Continue reading Press: ZF secures additional liquidity
Pandemic leaves McLaren exploring funding options
LONDON (Reuters) – McLaren is looking into various funding options to help the sportscar maker and Formula One team owner negotiate the coronavirus pandemic, a spokesman said on Thursday. FILE PHOTO: The McLaren logo is seen on the McLaren 765LT at its launch at the McLaren headquarters in Woking, Britain, March 3, 2020. REUTERS/Peter Nicholls… Continue reading Pandemic leaves McLaren exploring funding options