ZTO Provides Updates on Response to Short Seller Report

SHANGHAI, March 9, 2023 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on March 2, 2023 (the “Short… Continue reading ZTO Provides Updates on Response to Short Seller Report

Ford ranks among worst in JD Power customer service survey of 2020-22 vehicles

Customers seeking car repairs have experienced a dip in satisfaction overall for the first time in nearly three decades, and Ford Motor Co. — despite touting its dealer model as a competitive advantage — ranked among the worst, according to the 2023 J.D. Power U.S. Customer Service Index Study released Thursday. Overall, the top rankings… Continue reading Ford ranks among worst in JD Power customer service survey of 2020-22 vehicles

Cango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

SHANGHAI, March 9, 2023 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the fourth quarter and full year of 2022. Fourth Quarter 2022 Financial and Operational Highlights Total revenues were RMB487.1 million (US$70.6 million), compared with RMB1,050.5 million in… Continue reading Cango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

SAN DIEGO, March 9, 2023 /PRNewswire/ — TuSimple (Nasdaq: TSP) today announced that TuSimple Holdings Inc. (the “Company”) was unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 30, 2022 (the “Form 10-K”) by the prescribed due date because the Company requires additional time to identify and select… Continue reading TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

Nissan says it will bring EV powertrain costs down by 30%, here’s what that entails

Nissan is doubling down on its new efforts to boost electric vehicle production. The automaker says under its new EV powertrain approach, development and manufacturing costs will be reduced by 30% by 2026. Despite Nissan’s early lead in the pure battery electric vehicle market with the release of the LEAF in 2011, the Japanese automaker… Continue reading Nissan says it will bring EV powertrain costs down by 30%, here’s what that entails

TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

SAN DIEGO, March 9, 2023 /PRNewswire/ — TuSimple (Nasdaq: TSP) today announced that TuSimple Holdings Inc. (the “Company”) was unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 30, 2022 (the “Form 10-K”) by the prescribed due date because the Company requires additional time to identify and select… Continue reading TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

@VW Group: Porsche and APX launch initiative to support women-led businesses006785

08/03/2023 Through “The Founders Initiative”, eight women-led businesses have received support from Porsche AG and early-stage investor APX in the form of mentoring and financial aid. The initiative arose from the Porsche brand purpose “Driven by Dreams” and the sustainability strategy of Porsche. Its goal is to help female entrepreneurs make their dreams come true.… Continue reading @VW Group: Porsche and APX launch initiative to support women-led businesses006785

German Manager Magazin: BMW: Walter Mertl becomes new Chief Financial Officer, Nicolas Peter retires002363

The car manufacturer bmw surprisingly replaces his chief financial officer. Walter Mertl (49) is to succeed the current incumbent Nicolas Peter (60) in May, as the Dax group announced on Thursday. According to the Munich company, Peter will retire after the Annual General Meeting on May 11, 2023. Peter has been a member of the… Continue reading German Manager Magazin: BMW: Walter Mertl becomes new Chief Financial Officer, Nicolas Peter retires002363

DCS Names Raul Sagun Chief Growth Officer

ALEXANDRIA, Va., March 9, 2023 /PRNewswire/ — DCS Corporation is pleased to announce the appointment of Raul Sagun as its new Chief Growth Officer. Since joining DCS in 2016 as Vice President of Business Development, Raul has been a steady hand guiding the company’s organic growth. DCS has grown quickly beyond the small business realm, and the position… Continue reading DCS Names Raul Sagun Chief Growth Officer

@Groupe PSA: PR Stellantis Announces Allocation of BEV-centric STLA Large Vehicles to Cassino Assembly Plant005312

Cassino plant in Italy produces premium vehicles for Alfa Romeo and Maserati brands STLA Large is one of four BEV-centric platforms that underpins Stellantis electrification plan Electrification of Stellantis products supports goals of Dare Forward 2030 strategic plan AMSTERDAM – The Stellantis Cassino Assembly Plant in Italy, producer of vehicles for the premium and luxury… Continue reading @Groupe PSA: PR Stellantis Announces Allocation of BEV-centric STLA Large Vehicles to Cassino Assembly Plant005312