Ferrari, Continuing Strong Momentum Across All Regions

CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading Ferrari, Continuing Strong Momentum Across All Regions

Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business

Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business

Autos & Transportation · 12:10 PM UTCFerrari sticks to 2021 targets after strong Q2Ferrari (RACE.MI) stuck to its main 2021 targets on Monday, despite…

Ferrari’s latest limited-edition special series is seen in this handout photo obtained by Reuters on April, 21, 2021. Ferrari/Handout via REUTERS FY cash flow guidance raised to around 450 mln euros Forecasts on FY revenues and adj. EBITDA unchanged Adj. EBITDA at 386 mln euros in Q2 MILAN, Aug 2 (Reuters) – Ferrari (RACE.MI) stuck… Continue reading Autos & Transportation · 12:10 PM UTCFerrari sticks to 2021 targets after strong Q2Ferrari (RACE.MI) stuck to its main 2021 targets on Monday, despite…

@Ferrari: Ferrari, Continuing Strong Momentum Across All Regions000146

CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading @Ferrari: Ferrari, Continuing Strong Momentum Across All Regions000146

@Ferrari: Continuing strong momentum across all regions000146

Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019 Net revenues of Euro 1,035 million, nearly doubled versus prior year and up 5.2% versus Q2 2019 EBITDA(1) of Euro 386 million, tripled versus prior year and up 23.0% versus Q2 2019. EBITDA(1) margin of 37.4% in Q2 2021.… Continue reading @Ferrari: Continuing strong momentum across all regions000146

Renault CEO says struggling carmaker has come ‘back from hell’

Renault’s chief declared the automaker is firmly on the comeback trail after a record loss, forecasting stable profitability despite the global chip shortage and rising raw material prices. The carmaker has “abandoned the approach of only looking for sheer growth,” Chief Executive Officer Luca de Meo said in a Bloomberg TV interview. “We are actually… Continue reading Renault CEO says struggling carmaker has come ‘back from hell’

Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032

Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032

SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

This round of financing was led by Bank of China Group Investment (BOCGI), followed by the Sub-funds of National Fund for Technology Transfer and Commercialization, Country Garden Venture Capital, Shenzhen Capital Group(SCGC), CCB Investment, IDG Capital, Sany, Xiaomi Corporation, Oceanpine Capital, CHINA RENAISSANCE among others. Original shareholders, including SDIC and JZ Capital, significantly increased their… Continue reading SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

@Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143

Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading @Ferrari: Ferrari N.V. places eur 150 million in bonds with u.s. Private investors, due 2032000143

Free2Move to provide home charging system ‘easyWallbox’ with Leasys rentals

All Leasys customers will also have the option of requesting – at a special price, not included in the fee – the professional installation that will allow the easyWallbox to operate at up to 7.4 kW as well as to use only the power available at home in real time, avoiding any risk of blackout.… Continue reading Free2Move to provide home charging system ‘easyWallbox’ with Leasys rentals