MAGNA POSTS 2019 ANNUAL REPORT

AURORA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading MAGNA POSTS 2019 ANNUAL REPORT

@Toyota: We Are Here For You! Toyota’s Response to the COVID-19 Crisis

Fabrication of face shields and collaboration to ramp up the manufacture of vital medical devices for hospitals PLANO, Texas, March 27, 2020 – As a result of the COVID-19 pandemic, Toyota Motor North America, Inc. (TMNA) continues to assist those in need with essential supplies, emergency relief and is providing on-going support to many local… Continue reading @Toyota: We Are Here For You! Toyota’s Response to the COVID-19 Crisis

@Groupe PSA: Groupe PSA is implementing reinforced health measures to create the conditions for a safe and gradual return to work

Definition of a health protocol to reinforce preventive measures Audits will ensure the perfect implementation of these reinforced safety protocols A timetable for a gradual and safe resumption will be established Since the start of the Covid-19 health crisis, Groupe PSA has been working on a clear axis “Protect the health of its employees and… Continue reading @Groupe PSA: Groupe PSA is implementing reinforced health measures to create the conditions for a safe and gradual return to work

@Tata: Tata Motors Ltd (TML) Board approves plan to subsidiarize TML’s Passenger Vehicles (PV) including Electric Vehicles (EV) business into a separate subsidiary through a scheme of arrangement

27 March, 2020 Key highlights: Tata Motors Ltd (TML) Board approves plan to subsidiarize TML’s Passenger Vehicles (PV) including Electric Vehicles (EV) business into a separate subsidiary through a scheme of arrangement This shall help provide differentiated focus for the PV and CV businesses and help each of them realise their potential This decision is… Continue reading @Tata: Tata Motors Ltd (TML) Board approves plan to subsidiarize TML’s Passenger Vehicles (PV) including Electric Vehicles (EV) business into a separate subsidiary through a scheme of arrangement

Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ

LOS ANGELES, March 27, 2020 /PRNewswire/ — Wunder Mobility announced today that it has acquired the technology and talent of Australia-based car-sharing and rental technology provider, KEAZ. KEAZ’s technology allows companies ranging from rental agencies, car dealerships and corporates to provide users with shared access to vehicles via a customized mobile application and powerful back-office management… Continue reading Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ

Kia Motors appoints Ho-sung Song as its new President

Ho-sung Song will spearhead the advancement of ‘Plan S’, Kia’s mid- to long-term growth strategy. He replaces Han-woo Park, who will move on to an advisory role and continue to support Kia’s business Kia Motors Corporation today announced the elevation of Ho-sung Song, Head of Global Operations Division, to the President of the organisation. He… Continue reading Kia Motors appoints Ho-sung Song as its new President

@Hyundai: Kia Motors Corporation appoints Ho-sung Song as President

Song will spearhead advancement of company’s mid- to long-term strategy ‘Plan S’ Song’s extensive experience across automotive value chain, expertise in overseas operations are expected to help company’s transition to future businesses — electric vehicles and mobility solutions Kia Motors Corporation today announced that Ho-sung Song, Head of Global Operations Division, has been promoted to… Continue reading @Hyundai: Kia Motors Corporation appoints Ho-sung Song as President

Aptiv and Hyundai Motor Group Complete Formation of Autonomous Driving Joint Venture

DUBLIN / SEOUL / BOSTON, March 26, 2020 – Aptiv (NYSE: APTV) and Hyundai Motor Group are pleased to announce they have completed the formation of their 50/50 autonomous driving joint venture aimed at advancing the companies’ shared vision of making mobility more safe, green, connected, and accessible. Headquartered in Boston with technology centers across… Continue reading Aptiv and Hyundai Motor Group Complete Formation of Autonomous Driving Joint Venture

MAGNA PROVIDES UPDATE ON CURRENT COVID-19 ACTIONS AND WITHDRAWS OUTLOOK

AURORA, Ontario, March 26, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today provided an update on a number of actions related to the COVID-19 pandemic.Magna has established internal task forces to assess, monitor and deal with the potential impact of COVID-19 on our business and share information across the company.  We… Continue reading MAGNA PROVIDES UPDATE ON CURRENT COVID-19 ACTIONS AND WITHDRAWS OUTLOOK

Press: ZF 2019 financial results: New orders and high investments ready ZF to face a difficult market environment

“At present, we are witnessing how the markets are collapsing overnight,” said ZF CEO Wolf-Henning Scheider on Thursday in Friedrichshafen. “At ZF, we have reacted quickly and decisively to the spread of the coronavirus and have prioritized the health and interests of our employees in line with those of the company in the best way… Continue reading Press: ZF 2019 financial results: New orders and high investments ready ZF to face a difficult market environment