Alfa Romeo 8C Competizione

Carbon Revolution plc Begins Trading Today on Nasdaq Under the Symbol “CREV”

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금요일, 11월 3, 2023
Carbon, CAFE, Shelby Mustang, OEM, OIC, Capital, Catalent, Pista, EV, Alfa Romeo 8C Competizione, Ford, Corporate average fuel economy, Renault, Jaguar Land Rover, GT500, NHTSA, Gallagher, Original equipment manufacturer, Dowsing, Chrysler, General Motors, Jordan, National Highway Traffic Safety Administration, Tier 1, Senior, Ferrari SF90 Stradale, Growth, EVS, IP, PAETEC Holding Corp., Ford Motor Company, Automotive industry, Renewable energy, Aptiv

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that its stock will begin trading today on Nasdaq under the symbol “CREV” following the business combination of the Company with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) today.

Key Points: 
  • GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that its stock will begin trading today on Nasdaq under the symbol “CREV” following the business combination of the Company with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) today.
  • “We have come a long way over the last decade in developing and then further expanding the global footprint of our carbon fiber wheel technology, and we’re just getting started,” said Jake Dingle, CEO of Carbon Revolution plc.
  • “Today is a big day for Carbon Revolution as it begins to trade in the U.S. market,” said Bill Toler, Chairman of Twin Ridge.
  • Carbon Revolution has strong operating momentum having had a record sales quarter from July to September, with 24% growth over the prior quarter.

ANOTHER RECORD QUARTER SUSTAINING UPWARD REVISED YEAR-END OUTLOOK

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목요일, 11월 2, 2023
Adjustment, Euro, Patent box, Alfa Romeo 8C Competizione, SP3, Public expenditure, EBITDA, ACE, Daytona, Research, EBIT, Depreciation, Investment, Formula, Mix, Security (finance)

Q3 2023 Adjusted EBIT(1) was Euro 423 million, increased 41.6% versus the prior year and with an Adjusted EBIT(1) margin of 27.4%.

Key Points: 
  • Q3 2023 Adjusted EBIT(1) was Euro 423 million, increased 41.6% versus the prior year and with an Adjusted EBIT(1) margin of 27.4%.
  • Volume was positive (Euro 33 million), reflecting the shipments increase versus the prior year.
  • Industrial costs / research and development expenses increased (Euro 63 million), mainly due to higher depreciation and amortization as well as raw materials cost inflation.
  • Upward revised 2023 guidance, based on the following assumptions for the year:
    Industrial free cash flow generation sustained by strong profitability, partially offset by disciplined capital expenditures and negative change in working capital

Carbon Revolution Enters Into Structured Equity Facility For Up To US$110 Million With OIC

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월요일, 9월 25, 2023
Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Tires & Rubber, Manufacturing, Performance & Special Interest, SPAC, Senior, NHTSA, TRCA, National Highway Traffic Safety Administration, EVS, Transport, Jaguar Land Rover, NYSE, General Motors, Jordan, Pista, Corporate average fuel economy, Ferrari SF90 Stradale, Growth, Renault, OEM, Shelby Mustang, Sky (New Zealand), Business, Business analyst, Ford Motor Company, CAFE, Partnership, OIC, Alfa Romeo 8C Competizione, ASX, Dowsing, GT500, Catalent, Virtus Investment Partners, Security (finance), Renewable energy

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.

Key Points: 
  • Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.
  • The completion of this transaction will result in Carbon Revolution plc becoming the parent of Carbon Revolution and its subsidiaries and listing on an exchange in the United States.
  • The appointments become effective upon completion of the proposed combination with appointees serving on the Board of Directors of Carbon Revolution plc.
  • “OIC is excited to finalize our capital partnership with Carbon Revolution, which will support the Company’s growth plans and infrastructure expansion,” said Chris Leary, Investment Partner and Head of Infra Equity at OIC.

Los Angeles Auto Show® Chosen to Unveil Kevin Hart's Stunning Car Collection For Its Public Display Premiere

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목요일, 9월 21, 2023
Roadrunner, Prancing Horse, Plymouth, Goodguys Rod & Custom Association, LA Auto Show, B2B, Alfa Romeo 8C Competizione, SEMA, Ferrari, Silver, Media, Dodge, Bigfoot and the Muscle Machines, Los Angeles Convention Center, Carbon, Kollection, Collection, Cartoon, Nightclub

LOS ANGELES, Sept. 21, 2023 /PRNewswire/ -- The Los Angeles Auto Show® will host the first public appearance of the Kevin Hart Kollection. Open to the public from November 17-26, show visitors will be able to view 11 of Hart's personal favorites, all of which were custom-built to his specifications.

Key Points: 
  • LOS ANGELES, Sept. 21, 2023 /PRNewswire/ -- The Los Angeles Auto Show® will host the first public appearance of the Kevin Hart Kollection.
  • An entire showcase hall at the Los Angeles Convention Center will be devoted to the Kollection, allowing attendees to be immersed in Kevin Hart's world.
  • It will be the latest addition to Kevin's growing collection of vehicles, many of which he themes to create unique personalities.
  • Cars on display will include:
    The majority of cars in the Kevin Hart Kollection have horror movie themes – Kevin's favorite genre.

Carbon Revolution Carbon Fiber Wheel Backlog More Than Doubles to $680 Million since Oct 2022

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목요일, 6월 8, 2023
Environment, Alternative Vehicles, Fuels, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Sustainability, Tires & Rubber, Green Technology, Carbon, Heart, Ferrari, Shelby Mustang, Partnership, EV, Noise, Alfa Romeo 8C Competizione, NHTSA, Original equipment manufacturer, National Highway Traffic Safety Administration, Multimedia, General Motors, Range Rover, Ford Motor Company, Dowsing, EVS, Pista, Mega, Corporate average fuel economy, GT500, SUV, Engineering, Ferrari SF90 Stradale, OEM, CAFE, News, NYSE, Renault, JLR, Renewable energy, Rail transport

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that its backlog1 has more than doubled to $680 million since October 2022 due primarily to new programs.

Key Points: 
  • Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that its backlog1 has more than doubled to $680 million since October 2022 due primarily to new programs.
  • View the full release here: https://www.businesswire.com/news/home/20230608005504/en/
    Carbon Revolution's ultra-lightweight 23-inch carbon fiber wheels on the Range Rover Sport SV weigh an average of 41% less than conventional 23-inch cast-alloy wheels, resulting in improvements to outright performance, handling and ride quality.
  • “We are firing on all cylinders,” said Carbon Revolution CEO Jake Dingle.
  • This month, Carbon Revolution announced that it will supply the carbon fiber wheels that are featured on the 2024 Range Rover Sport SV, revealed on May 31 by JLR, the first SUV to feature Carbon Revolution’s carbon fiber wheels.

Carbon Revolution Secures US$60 Million Loan

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수요일, 5월 24, 2023
Automotive Manufacturing, Aftermarket, Automotive, Manufacturing, Travel, Other Transport, Transport, General Automotive, Tires & Rubber, Performance & Special Interest, Other Travel, Carbon, SPAC, Intellectual property, Shelby Mustang, EV, Funding, Sky (New Zealand), Alfa Romeo 8C Competizione, NHTSA, National Highway Traffic Safety Administration, TRCA, ASX, General Motors, Ford Motor Company, IP, Dowsing, EVS, Pista, Corporate average fuel economy, GT500, Engineering, Ferrari SF90 Stradale, OEM, CAFE, NYSE, Automation, Renewable energy

Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).

Key Points: 
  • Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).
  • Carbon Revolution is focused on further expanding its footprint in the rapidly growing market for electric vehicles (EVs).
  • As the global automotive industry shifts to electric power, Carbon Revolution is well positioned to capture OEM demand for weight-saving efficiency technologies.
  • “In the escalating race to achieve supreme efficiency in automotive vehicles, Carbon Revolution has designed and manufactured some of the most technologically advanced carbon fiber composite wheels, with an extensive IP portfolio spanning multiple jurisdictions,” said PIUS CEO, Joe Agiato.

Breaking Barriers and Building Legacies: The Dave Cantin Group Facilitates Automotive Dealership Buy/Sell Transaction of Two Women-Owned Dealerships, Downs Ford to Celebrity Motor Cars

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월요일, 5월 15, 2023
Professional Services, Finance, Alfa Romeo 8C Competizione, Ford, Woman, Goldens Bridge station, Lexus, Sale, Route 10, Acquisition, BMW, Mercedes-Benz, Mercedes, Melissa, Automotive industry, Financial services

The Dave Cantin Group, a leading financial advisory company focused on the automotive sector, announced the sale of Downs Ford to Celebrity Motor Cars.

Key Points: 
  • The Dave Cantin Group, a leading financial advisory company focused on the automotive sector, announced the sale of Downs Ford to Celebrity Motor Cars.
  • This transaction represents a small but growing segment of woman-owned Ford Dealerships and showcases the leadership positions and business growth women are achieving in the automotive industry.
  • Downs Ford is a third-generation dealership, led by Melissa Longo and her father Rick Riccardi, Jr., serving customers in Toms River, Bayville, and Manchester Township, NJ.
  • Managing Director Drew Picon and Dave Cantin of Dave Cantin Group represented both buyer and seller in the dealership buy/sell transaction.

Ferrari - Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023

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목요일, 2월 2, 2023
EBIT, Depreciation, ACE, Marketing, Alfa Romeo 8C Competizione, Ferrari Monza, Tax, Communication, SP3, Euro, Patent box, Mix, Daytona, SP2, EBITDA, Dilution, Collection, Net, Investment, Research, Ferrari, Risk management, Tourism, Renewable energy, Security (finance), Maserati

2022 EBIT was Euro 1,227 million, increased 14.1% versus the prior year and with an EBIT margin of 24.1%.

Key Points: 
  • 2022 EBIT was Euro 1,227 million, increased 14.1% versus the prior year and with an EBIT margin of 24.1%.
  • Volume was strongly positive (Euro 261 million), reflecting the shipments increase versus the prior year.
  • As of December 31, 2022, total available liquidity was Euro 2,058 million (Euro 2,020 million as of December 31, 2021), including undrawn committed credit lines of Euro 669 million.
  • 2023 guidance, based on the following assumptions:
    Strong mix sustained by rich product portfolio, Ferrari Daytona SP3 and personalizations

BROAD ARROW ANNOUNCES EARLY HIGHLIGHTS FOR THE OFFICIAL AUCTION OF THE AMELIA

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금요일, 12월 16, 2022
Aston, Porsche, Golf club, Broad arrow, Concours, Book, Sale, Trust, Marketplace, Sebring, GT, The Ritz-Carlton Hotel Company, BBI, Catalog, Rosso corsa, Mercedes-Benz, Certification, NASCAR Hall of Fame, Alfa Romeo 8C Competizione, FIA, ZF, Estimation, NYSE, Rolex Monterey Motorsports Reunion, Berlinetta, Giorgetto Giugiaro, Radio, Calendar, Hendrick Motorsports, Vantage, Auction, Hirschman, Silver, Campagnolo, Ferrari, TREMEC Corporation, Daytona

Auction set for March 3-4 marks the inaugural year for Broad Arrow as the official auction house of The Amelia.

Key Points: 
  • Auction set for March 3-4 marks the inaugural year for Broad Arrow as the official auction house of The Amelia.
  • Broad Arrow Group, a Hagerty (NYSE: HGTY) company, is thrilled to announce a selection of early consignments to its upcoming Amelia Auction on March 3-4, the inaugural year for the company serving as the official auction house of The Amelia.
  • Broad Arrow’s debut as the official auction of The Amelia will kickstart the company’s 2023 calendar on March 3-4 at The Ritz-Carlton, Amelia Island.
  • Broad Arrow Group operates Broad Arrow Auctions, Broad Arrow Capital, and Collectors Garage and is headquartered in Grosse Pointe, Michigan.

LOW-MILEAGE, ULTIMATE SPECIFICATION SUPERCARS JOIN BROAD ARROW’S INAUGURAL WEST PALM BEACH AUCTION

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수요일, 11월 9, 2022
Carbon, Ford Motor Company, Review, Motorcycle, Private Securities Litigation Reform Act, Senna, NYSE, Alfa Romeo, MSRP, Telephone, Palm Beach County Convention Center, Porsche Carrera GT, Tungsten, GT, SEC, SVJ, U.S. Securities and Exchange Commission, Shelby, Public relations, EST, Auction, Internet, Lamborghini, McLaren Senna, Porsche, Brand, Alfa Romeo 8C Competizione, Industry, Trust, Road

Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, has announced final star entries for its inaugural West Palm Beach Auction, set for 18-19 November at the Palm Beach County Convention Center.

Key Points: 
  • Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, has announced final star entries for its inaugural West Palm Beach Auction, set for 18-19 November at the Palm Beach County Convention Center.
  • The two-day auction will feature over 200 quality collector cars and motorcycles, led by an incredible group of modern supercars.
  • Additional information on all lots set for Broad Arrows West Palm Beach Auction, as well as event and registration details are available at broadarrowauctions.com .
  • Broad Arrow Group operates Broad Arrow Auctions, Broad Arrow Capital, and Collectors Garage and is headquartered in Grosse Pointe, Michigan.