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Veoneer: Financial Report January - March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...
2020-04-24 17:54
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Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...
2020-04-24 06:17
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ASAM's OpenSCENARIO 2.0 Concepts Demonstrated Using Foretellix M-SDL
TEL AVIV, Israel, April 23, 2020 /PRNewswire/ -- Foretellix
2020-04-23 09:00
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RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo
NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent
2020-04-22 16:22
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Kona Electric recognized as one of the greatest EVs on sale in TopGear Electric Awards
* Kona Electric named Best Small Family Car in magazine's first Electric Awards * European road trip covers 1,600 kilometers and 9 countries in under 24 hours – busting the myth that you cannot travel far in an electric car SEOUL, South Korea, OFFENBACH, Germany and LONDON, April 22, 2020 /PR...
2020-04-22 16:00
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KPMG China launches the third KPMG China Leading AutoTech 50 report
HONG KONG, April 21, 2020 /PRNewswire/ -- China's automotive industry is entering a phase rapid adjustment. In a constantly changing market environment, new technologies and models are triggering profound transformation in the structure and ecology of this sector, according to KPMG's third annual...
2020-04-21 17:41
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AUTOCRYPT Shortlisted for 2020 TU-Automotive Award - Automotive Tech Company of the Year
DETROIT, April 20, 2020 /PRNewswire/ -- AUTOCRYPT, an all-in-one mobility security solutions company for connected vehicles, was announced as a finalist for the 2020 TU-Automotive Award for the second consecutive year. TU-Automotive represents the entire automotive technology ecosystem with leadi...
2020-04-20 14:00
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TVS Motor Company completes acquisition of Norton
SINGAPORE, April 20, 2020 /PRNewswire/ -- TVS Motor Company, a reputed manufacturer of two-wheelers and three- wheelers in the world, yesterday announced the successful acquisition ofBritain's most iconic sporting motorcycle, "Norton", in an all-cash deal for a consideration ofGBP16 million ...
2020-04-20 13:13
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Conic Releases Ramu Q1 2020 Production Performance
TSX Venture: NKL TORONTO, April 18, 2020 /PRNewswire/ -- Conic Metals Corp. ("Conic" or the " Company") (TSXV: NKL) is pleased to provide operating results for the quarter endingMarch 31, 2020 of the Company's largest asset, being the Ramu Nickel-Cobalt ("Ramu") integrated operation in Pap...
2020-04-18 03:21
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700-Mile-Range Triton Model H - the New Electric SUV Launch - Now Taking Pre-Orders
CHERRY HILL, N.J., April 17, 2020 /PRNewswire/ -- Triton Solar, a New Jersey -based technology company, is launching its first EV SUV – Triton Model H, an electric SUV – today across the globe. The project has been ongoing for the last 18 months, and the CEO of Triton Solar, Himanshu Patel, recen...
2020-04-17 23:00
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Frost & Sullivan Identifies Growth Opportunities Across Automotive Verticals for Industry Recovery
Automotive stakeholders to focus on resource optimization, new growth segments, and cost rationalization to overcome slowdown due to COVID-19 SANTA CLARA, California, April 16, 2020 /PRNewswire/ -- The COVID-19 pandemic and the expected global economic recession to follow have many governments an...
2020-04-16 03:28
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Important Update For Autoliv, Inc. Annual Stockholder Meeting
STOCKHOM, April 14, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announces a change in location of the Annual Stockholder Meeting. Meeting Date: Thursday, May 7, 2020 Meeting Time: 1:00 - 1:45 p.m. (Eastern Time) Meeting...
2020-04-14 19:39
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Hyundai Mobis expands its technical center in Hyderabad, India to strengthen software development of future vehicles
* It will set up the second technical center in a new IT complex near the first one inHyderabad. * Aiming to address the continuous expansion of automobile software development and secure stability * Expected to strengthen its position as a software-specialized center SEOUL, South Korea, A...
2020-04-14 10:40
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XCMG Exports Special Epidemic Prevention Equipment to the Middle East, Assisting Global Partners in Fighting COVID-19
XUZHOU, China, April 10, 2020 /PRNewswire/ -- XCMG (SHE:000425) has delivered an order of multi-functional dust suppression vehicles to theMiddle East on March 30, marking a new milestone as the company's first bulk export of the product. The deal was completed on XCMG's Machmall.com platform and...
2020-04-10 18:17
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Kia Soul EV and Telluride win 2020 World Car Awards
* Kia Telluride SUV crowned World Car of the Year * Kia Soul EV electric crossover named World Urban Car SEOUL, South Korea, April 9, 2020 /PRNewswire/ -- Kia Motors Corporation has won big at the 2020 World Car Awards with the Telluride named 'World Car of the Year' and the Soul EV 'World Ur...
2020-04-09 12:53
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Freudenberg strengthens future viability with strong investment in China
SHANGHAI, April 8, 2020 /PRNewswire/ -- Freudenberg, the global technology group, performed well in the 2019 financial year, in spite of the difficult economic and geopolitical market environment. AtCNY 73.1 billion (or €9,467.8 million), sales in 2019 were at about the same level as in 2018 (€9,...
2020-04-08 09:00
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Quantron AG Becomes Importer of CATL in Europe
AUGSBURG, Germany, April 7, 2020 /PRNewswire/ -- The trend towards electric vehicles is steadily growing. The Augsburg-based company and CATL (Contemporary Amperex Technology Co. Limited) concluded a comprehensive trade and service agreement: Quantron is from now on an authorized distributor and ...
2020-04-07 19:13
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Invitation to Autoliv's Q1 2020 Earnings Call
STOCKHOLM, April 3, 2020 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the first quarter 2020 onFriday, April 24, at 12:00 CEST ( 11:00 am BST, 06:00 am EDT). The report will be available at http://www.autoliv.com/ In addition, a teleconference will take place the same d...
2020-04-03 18:33
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Automobili Lamborghini starts production of surgical masks and medical shields for use in Coronavirus pandemic
SANT'AGATA BOLOGNESE, Itlay, April 3, 2020 /PRNewswire/ -- Automobili Lamborghini is converting departments of its super sports car production plant in Sant'Agata Bolognese in order to produce surgical masks and protective plexiglass shields. The masks will be donated to the Sant'Orsola-Malpighi...
2020-04-03 15:33
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Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principl...
2020-04-02 14:53
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