SEAT

Pomerantz Law Firm Announces the Filing of a Class Action Against Volkswagen AG and Certain Officers – VWAGY

Retrieved on: 
Friday, January 14, 2022

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Volkswagen AG (Volkswagen or the Company) (OTCMKTS: VWAGY) and certain of its officers.

Key Points: 
  • NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Volkswagen AG (Volkswagen or the Company) (OTCMKTS: VWAGY) and certain of its officers.
  • Volkswagen AG (known internationally as the Volkswagen Group) is one of the worlds leading automobile manufacturers and the largest carmaker in Europe.
  • Defendant Volkswagen AG operates 118 production plants in 20 European countries and 10 countries in the Americas, Asia and Africa.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Castle Automotive Group Completes Acquisition of Fox Valley Volkswagen of Schaumburg

Retrieved on: 
Thursday, December 9, 2021

SCHAUMBURG, Ill., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Castle Automotive Group (CAG), a growing automotive retailer with corporate headquarters in Oakbrook Terrace, IL, has completed its second transaction this year, with the acquisition of Fox Valley Volkswagen of Schaumburg located at 1000 E. Golf Road.

Key Points: 
  • SCHAUMBURG, Ill., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Castle Automotive Group (CAG), a growing automotive retailer with corporate headquarters in Oakbrook Terrace, IL, has completed its second transaction this year, with the acquisition of Fox Valley Volkswagen of Schaumburg located at 1000 E. Golf Road.
  • The acquisition of Fox Valley Volkswagen of Schaumburg will further diversify our group's overall portfolio and add to our geographic reach in the midwest market.
  • Castle Automotive Group (CAG) currently owns ninelocations throughout Illinois and Northwest Indiana representing Domestic, Asian, and Germain brands.
  • Castle Automotive Group will continue to invest in top markets throughout the Chicagoland area through various programs, such as the Castle Buy Center , Castle Credit Center, and CastleCars.com, their Direct-To-Consumer buying experience.

Volkswagen Group and 24M Technologies to Partner on Next-Gen EV Battery Manufacturing

Retrieved on: 
Wednesday, December 8, 2021

(24M) today announced they have entered into a strategic partnership to manufacture next-generation lithium-ion EV batteries using the 24M SemiSolid platform .

Key Points: 
  • (24M) today announced they have entered into a strategic partnership to manufacture next-generation lithium-ion EV batteries using the 24M SemiSolid platform .
  • With EV demand on the rise, carmakers need battery solutions that are beyond R&D and can be implemented immediately and cost effectively.
  • Volkswagen is implementing its battery strategy very consistently and at a high pace, said Thomas Schmall, Member of the Board of Management of Volkswagen Group for Technology and CEO of Volkswagen Group Components.
  • Ten brands from seven European countries belong to the Group: Volkswagen Passenger Cars, Audi, SEAT, KODA, Bentley, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.

Ben's Original™ Awards First Recipients of its U.S. Seat at the Table™ Fund Scholarship

Retrieved on: 
Thursday, November 18, 2021

CHICAGO, Nov. 18, 2021 /PRNewswire/ --Today, Mars Food's BEN'S ORIGINAL brand announced it has awarded eight students its U.S. SEAT AT THE TABLE Fund scholarship.

Key Points: 
  • CHICAGO, Nov. 18, 2021 /PRNewswire/ --Today, Mars Food's BEN'S ORIGINAL brand announced it has awarded eight students its U.S. SEAT AT THE TABLE Fund scholarship.
  • Created in partnership with the National Urban League and United Negro College Fund (UNCF), the scholarship supports Black students interested in food industry careers.
  • "It's our hope that through both financial support and mentorship via the National Urban League, the SEAT AT THE TABLE Fund scholarship recipients will build fulfilling careers within the food industry."
  • The U.S. SEAT AT THE TABLE Fund scholarship application process will reopen in spring of 2022 for certificate, two- and four-year programs.

SEAT S.A. Technical Center and ESI Group Set New Car Development Standards Towards 100% Digital With the Brand-new CUPRA Formentor

Retrieved on: 
Thursday, November 4, 2021

SEAT S.A. and ESI Group (Paris:ESI), a global player in virtual prototyping for industries, partner in leveraging advanced simulation technologies to lead SEATs global digital transformation.

Key Points: 
  • SEAT S.A. and ESI Group (Paris:ESI), a global player in virtual prototyping for industries, partner in leveraging advanced simulation technologies to lead SEATs global digital transformation.
  • The Spanish OEM sets new benchmarks on the digital transformation journey within its Group by uniting all design and engineering activities for future SEAT vehicles in one virtual car prototype.
  • This is the solid digital foundation that brings speed, confidence, and sustainability throughout all development phases.
  • This is invaluable and mission-critical for successfully achieving our Green Deal targets, says Xavier Castillo, SEA/EK13 Functional Development CAE Manager at SEAT.

For a carbon-neutral mobility - Volkswagen enters into a strategic partnership with EIT InnoEnergy

Retrieved on: 
Wednesday, November 3, 2021

BERLIN, Nov. 3, 2021 /PRNewswire/ --EIT InnoEnergy, the world's leading innovation engine for sustainable energy, and Volkswagen AG have announced a strategic partnership.

Key Points: 
  • BERLIN, Nov. 3, 2021 /PRNewswire/ --EIT InnoEnergy, the world's leading innovation engine for sustainable energy, and Volkswagen AG have announced a strategic partnership.
  • The partnership involves Volkswagen becoming a new shareholder of EIT InnoEnergy.
  • The partnership with EIT InnoEnergy will help us find the most promising companies from all areas of the energy transition, which we can then support in scaling their business models."
  • Diego Pavia, CEO of EIT InnoEnergy adds: "The transport sector is going through one of its biggest upheavals ever.

For a carbon-neutral mobility - Volkswagen enters into a strategic partnership with EIT InnoEnergy

Retrieved on: 
Wednesday, November 3, 2021

BERLIN, Nov. 3, 2021 /PRNewswire/ --EIT InnoEnergy, the world's leading innovation engine for sustainable energy, and Volkswagen AG have announced a strategic partnership.

Key Points: 
  • BERLIN, Nov. 3, 2021 /PRNewswire/ --EIT InnoEnergy, the world's leading innovation engine for sustainable energy, and Volkswagen AG have announced a strategic partnership.
  • The partnership involves Volkswagen becoming a new shareholder of EIT InnoEnergy.
  • The partnership with EIT InnoEnergy will help us find the most promising companies from all areas of the energy transition, which we can then support in scaling their business models."
  • Diego Pavia, CEO of EIT InnoEnergy adds: "The transport sector is going through one of its biggest upheavals ever.

X-IDEA Launches a Fuel Cell Concept Motorcycle - XCELL with Variable Riding Position

Retrieved on: 
Tuesday, October 26, 2021

At the 19th China International Motorcycle Exhibition in Chongqing , September 17, 2021 , X-IDEA Industry Design Group revealed a fuel cell two-wheeled concept motorcycle named XCELL.

Key Points: 
  • At the 19th China International Motorcycle Exhibition in Chongqing , September 17, 2021 , X-IDEA Industry Design Group revealed a fuel cell two-wheeled concept motorcycle named XCELL.
  • View the full release here: https://www.businesswire.com/news/home/20211026005676/en/
    X-IDEA Launches a Fuel Cell Concept Motorcycle - XCELL with Variable Riding Position (Photo: Business Wire)
    In X-IDEA's launch conference, the CEO (Jiang Ming), VP and Chief Design Officer Lu Xiang (Luke) and other leaders made strategic speeches consecutively .
  • A user-defined riding posture can meet various needs cross various situations by changing the riding triangle (SEAT, BAR, FOOTPEG) at appropriate time.
  • The XCELL hydrogen-powered fuel cell fitted with four storage tanks in the front that generate driving force through the chemical reaction of hydrogen and oxygen.

DGAP-News: TLG IMMOBILIEN AG plans delisting, Aroundtown to launch public delisting tender offer for EUR 31.67

Retrieved on: 
Wednesday, October 20, 2021

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND CONSTITUTES NEITHER AN INVITATION TO SELL, NOR AN OFFER TO PURCHASE, SECURITIES OF TLG IMMOBILIEN AG ("TLG").

Key Points: 
  • THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND CONSTITUTES NEITHER AN INVITATION TO SELL, NOR AN OFFER TO PURCHASE, SECURITIES OF TLG IMMOBILIEN AG ("TLG").
  • THE FINAL TERMS AND FURTHER PROVISIONS REGARDING THE PUBLIC DELISTING TENDER OFFER ARE DISCLOSED IN THE OFFER DOCUMENT.
  • INVESTORS AND HOLDERS OF SECURITIES OF TLG ARE STRONGLY RECOMMENDED TO READ THE OFFER DOCUMENT AND ALL ANNOUNCEMENTS IN CONNECTION WITH THE PUBLIC DELISTING TENDER OFFER AS SOON AS THEY ARE PUBLISHED, SINCE THEY WILL CONTAIN IMPORTANT INFORMATION.
  • THUS, NO OTHER ANNOUNCEMENTS, REGISTRATIONS, ADMISSIONS OR APPROVALS OF THE PUBLIC DELISTING TENDER OFFER OUTSIDE OF THE FEDERAL REPUBLIC OF GERMANY HAVE BEEN FILED, ARRANGED FOR OR GRANTED.

3D Audio Market Size Is Anticipated to Record a Valuation of USD 15,000.34 million By 2028, According to The Most Recent Study by The Insight Partners

Retrieved on: 
Tuesday, October 5, 2021

The 3D audio market players across the world are focusing on integrating the HRTF technology for providing enhanced user experience.

Key Points: 
  • The 3D audio market players across the world are focusing on integrating the HRTF technology for providing enhanced user experience.
  • The 3D audio experience is much more immersive than 2D audio experience when watching movies on smartphones with earphones.
  • The HRTF are being integrated across a wide range of sound devices, including headphones, to generate different surround sound effect.
  • The goal of 3D audio hardware system is to provide the listener with an audio experience that mimics real life.