Fisker (FSR) Falls Below $1 Amid NHTSA Probe Over Braking Issues

Fisker Inc. FSR, an electric vehicle (EV) startup, is currently under scrutiny by U.S. regulators as the National Highway Traffic Safety Administration (NHTSA) has opened an investigation into braking issues concerning its inaugural model, the 2023 Ocean crossover. The NHTSA’s Office of Defects Investigation (ODI) is assessing nine complaints, one of which involves a crash and… Continue reading Fisker (FSR) Falls Below $1 Amid NHTSA Probe Over Braking Issues

@Fisker: Fisker to Introduce Luxurious Fisker Ocean Extreme Monterey Edition000200

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that it will offer a special luxury version of the award-winning Fisker Ocean SUV. The Fisker Ocean Extreme Monterey Edition will be the most luxurious offering of the Ocean lineup, which currently… Continue reading @Fisker: Fisker to Introduce Luxurious Fisker Ocean Extreme Monterey Edition000200

Kongsberg Automotive wins contract extensions worth EUR 147 million in estimated lifetime revenue

Zurich, January 18, 2024: Kongsberg Automotive (KA)’s Vehicle Dynamics portfolio has been awarded contract extensions worth EUR 147 million in estimated lifetime revenue. These three-year contracts start in 2024 and are awarded to KA by a leading global manufacturer of commercial vehicles. The contracts are for:  V-stay (Rear Axle Suspension): It is one of the… Continue reading Kongsberg Automotive wins contract extensions worth EUR 147 million in estimated lifetime revenue

Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2023 RESULTS and 2024 OUTLOOK CONFERENCE CALL     FRIDAY – FEBRUARY 9, 2024 8:00 AM ET     DIAL IN NUMBERS North America Toll-Free: 1-800-621-4410 International Toll: 1-416-981-9010 Webcast: www.magna.com Slide presentation will… Continue reading Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

Global Advanced Driver Assistance Systems (ADAS) Market Report 2023-2030 – Reducing the Costs of Implementing ADAS to Remain a Major Challenge for Market Players

DUBLIN, Jan. 16, 2024 /PRNewswire/ — The “ADAS Market by Type, Automation, Component, Vehicle, End Use, and Geography – Global Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering. The global ADAS market is projected to reach $106.55 billion by 2030, at a CAGR of 14.0% from 2023 to 2030. The research report provides an… Continue reading Global Advanced Driver Assistance Systems (ADAS) Market Report 2023-2030 – Reducing the Costs of Implementing ADAS to Remain a Major Challenge for Market Players

Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2023 RESULTS and 2024 OUTLOOK CONFERENCE CALL     FRIDAY – FEBRUARY 9, 2024 8:00 AM ET     DIAL IN NUMBERS North America Toll-Free: 1-800-621-4410 International Toll: 1-416-981-9010 Webcast: www.magna.com Slide presentation will… Continue reading Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

@Fisker: Fisker Adds Executives to Leadership Team as the Company Accelerates Growth in 2024000199

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that the company has added two executives to its leadership team. Eric Goldstein has been named Head of Investor Relations. Beverly Lively has joined as VP, Internal Audit & Controls. Goldstein will… Continue reading @Fisker: Fisker Adds Executives to Leadership Team as the Company Accelerates Growth in 2024000199

Valmet Automotive concludes change negotiations

As a result of the negotiations, the total number of redundancies will be 115, of which 20 are dismissals and the rest layoffs until further notice. The implementation of related measures will be started in January-February 2024. The change negotiations were initiated due to a decrease in vehicle contract manufacturing services, which has led to… Continue reading Valmet Automotive concludes change negotiations

MSA Safety Declares Quarterly Dividend

PITTSBURGH, Jan. 16, 2024 /PRNewswire/ — The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a first quarter dividend of $0.47 per share on common stock, payable March 10, 2024, to shareholders of record on February 15, 2024. The Board also declared a dividend of $0.5625 per share on preferred stock, payable… Continue reading MSA Safety Declares Quarterly Dividend

Quality, Efficiency, and Accuracy Targeted by Rottendorf Pharma GmbH with Adoption of FactoryTalk PharmaSuite® MES from Rockwell Automation

Major European CDMO to conquer day-to-day operational metrics, multi-customer batch control, and existing and future global software validation through deployment of popular life-sciences industry manufacturing execution system. DUSSELDORF, Germany, Jan. 16, 2024 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that as part of… Continue reading Quality, Efficiency, and Accuracy Targeted by Rottendorf Pharma GmbH with Adoption of FactoryTalk PharmaSuite® MES from Rockwell Automation