NOVI, Mich., Feb. 21, 2023 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle, automotive, and off-highway industries, today announced that Carsten J. Reinhardt has been elected to its board of directors. Continue Reading Carsten J. Reinhardt Previously, Reinhardt served as president and chief executive… Continue reading Stoneridge Elects Carsten J. Reinhardt to Board of Directors
Tag: Strategy
KAR Auction Services, Inc. Reports 2022 Financial Results
Total revenue and gross profit increased for the quarter and year Cost actions completed on schedule and contributed to a reduction in fourth quarter selling, general and administrative expenses Completed consolidation of U.S. dealer-to-dealer marketplaces and migrated European marketplace technology onto a single platform Over $1.5 billion of corporate debt repaid and 12.6 million shares… Continue reading KAR Auction Services, Inc. Reports 2022 Financial Results
Uber Freight declares ‘electric trucks are finally here’ with its first EV pilot program
Uber Freight is teaming up with California-based WattEV, an electric trucking and charging infrastructure company, to launch the company’s first zero-emission electric truck pilot. Uber Freight announces its first electric truck pilot “Electric trucks are finally here,” Uber Freight head of sustainability Illina Frankiv declared after announcing the collaboration. Uber’s (the rideshare company) commercial trucking… Continue reading Uber Freight declares ‘electric trucks are finally here’ with its first EV pilot program
Europa Wire: Continental Joins World Business Council for Sustainable Development’s Tire Industry Project000475
Continental Joins World Business Council for Sustainable Development’s Tire Industry Project (IN BRIEF) Continental has become the fourth co-chair of the Tire Industry Project (TIP), a global forum that addresses sustainability issues in the tire industry. TIP’s focus covers all phases of the tire lifecycle, including procurement of raw materials, manufacturing, use phase, and end-of-life… Continue reading Europa Wire: Continental Joins World Business Council for Sustainable Development’s Tire Industry Project000475
@VW Group: Porsche SE has placed a Schuldschein loan of Euro 2.7 billion006691
Stuttgart, 21 February 2023. Porsche Automobil Holding SE (Porsche SE), Stuttgart, successfully placed a Schuldschein loan worth Euro 2.7 billion with settlement scheduled for 2 March 2023. The promissory note comprises eight tranches with maturities of three, five, seven and ten years with both fixed and variable interest rates on offer. Due to the record… Continue reading @VW Group: Porsche SE has placed a Schuldschein loan of Euro 2.7 billion006691
@VW Group: Audi Sport customer racing with 14 drivers in the 2023 season006691
Audi Sport customer racing is relying on a mix of experience and youth for its 2023 driver squad. In addition to established drivers, the brand also includes two former customer drivers in the driver squad, Simon Gachet and Max Hofer. Audi Sport is relying on twelve familiar and two new faces for its driver line-up… Continue reading @VW Group: Audi Sport customer racing with 14 drivers in the 2023 season006691
Mullen Group Ltd. Announces Declaration of Monthly Dividend
OKOTOKS, AB, Feb. 21, 2023 /PRNewswire/ – (TSX: MTL) The Board of Directors of Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“) announced today that it has declared a monthly dividend of $0.06 per Common Share payable to the holders of record of Common Shares at the close of business on February 28, 2023. The… Continue reading Mullen Group Ltd. Announces Declaration of Monthly Dividend
Motivation Excellence Wins Prestigious SITE Crystal Award Two Years in a Row
SCHAUMBURG, Ill., Feb. 21, 2023 /PRNewswire/ — The pinnacle of the incentive travel industry, the Society for Incentive Travel Excellence’s Crystal Awards, recognizes companies that produce remarkable travel experiences. SITE honored Motivation Excellence and our client partner, Farm Bureau Insurance of Michigan, for Excellence in Incentive Travel: Europe at their global conference in New York… Continue reading Motivation Excellence Wins Prestigious SITE Crystal Award Two Years in a Row
@BMW: BMW Manufacturing is Largest Automotive Exporter by Value for Ninth Consecutive Year.002528
Spartanburg, SC – February 21, 2023 . . . For the ninth consecutive year, BMW Manufacturing led the nation in automotive exports by value, according to data released by the U.S. Department of Commerce. The South Carolina plant exported 227,029 BMW Sports Activity Vehicles and Coupes during 2022 with an export value of nearly $9.6… Continue reading @BMW: BMW Manufacturing is Largest Automotive Exporter by Value for Ninth Consecutive Year.002528
Cloud Theory Announces Ron Boe as Chief Revenue Officer and Rick Wainschel as Vice President of Data Science & Analytics
GRAND RAPIDS, Mich., Feb. 21, 2023 /PRNewswire/ — New software company Cloud Theory announces two key additions to their team, Ron Boe and Rick Wainschel. These two industry leaders will be crucial to Cloud Theory’s growth as the company continues to develop innovative products that serve the automotive industry. Continue Reading Ron Boe Rick Wainschel… Continue reading Cloud Theory Announces Ron Boe as Chief Revenue Officer and Rick Wainschel as Vice President of Data Science & Analytics