Drivetrain

“BEYOND - Iveco Group Days” starts on July 13th at the OGR, Officine Grandi Riparazioni, in Turin, Italy

Retrieved on: 
Monday, July 11, 2022

Guests can also visit LOOK BEYOND, a photographic exhibition organised in collaboration with the European Design Institute (IED) of Turin.

Key Points: 
  • Guests can also visit LOOK BEYOND, a photographic exhibition organised in collaboration with the European Design Institute (IED) of Turin.
  • On the last day, Sunday the 17th, BEYOND will welcome Iveco Group employees and their family members to a dedicated Family Day.
  • Iveco Group N.V. (MI: IVG) is a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain, and related Financial Services arenas.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.

Merger with and into Iveco Group N.V. of New Business Netherlands Holding B.V.

Retrieved on: 
Monday, July 4, 2022

According to applicable law, the merger documentation has been filed with and is available for inspection at the Netherlands Chamber of Commerce, as well as posted at the corporate website www.ivecogroup.com .

Key Points: 
  • According to applicable law, the merger documentation has been filed with and is available for inspection at the Netherlands Chamber of Commerce, as well as posted at the corporate website www.ivecogroup.com .
  • The completion of the merger is foreseen by the end of the year.
  • Iveco Group N.V. (MI: IVG) is a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain, and related Financial Services arenas.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.

Demerger of CNH Industrial N.V. through the Separation and Transfer of its “On-Highway” Business to Iveco Group N.V. – Final Settlement

Retrieved on: 
Thursday, June 30, 2022

Sale of undelivered Iveco Group N.V. common shares

Key Points: 
  • Sale of undelivered Iveco Group N.V. common shares
    CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) announce the final corporate activities related to the spin-off of CNH Industrial N.V.s On-Highway business to Iveco Group N.V. (the Demerger), consummated on January 1, 2022.
  • Therefore, as per the Demerger documentation, Citigroup Global Markets Europe AG has been appointed to sell the Undelivered IVG Shares on Euronext Milan, in accordance with regulations and market practices.
  • (the transfer agent of CNH Industrial N.V.) with their bank account details and the relevant conditions are met.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.

Sale of undelivered Iveco Group N.V. common shares

Retrieved on: 
Thursday, June 30, 2022

Demerger of CNH Industrial N.V. through the Separation and Transfer of its On-Highway Business to Iveco Group N.V.

Key Points: 
  • Demerger of CNH Industrial N.V. through the Separation and Transfer of its On-Highway Business to Iveco Group N.V.
  • Final Settlement
    Sale of undelivered Iveco Group N.V. common shares
    CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) announce the final corporate activities related to the spin-off of CNH Industrial N.V.s On-Highway business to Iveco Group N.V. (the Demerger), consummated on January 1, 2022.
  • As of 5pm Eastern Time on June 24, 2022, a number of CNH Industrial shareholders entitled to receive Iveco Group N.V. common shares (representing slightly over 1% of issued Iveco Group capital stock), as a result of the Demerger, failed to provide the details of a securities account with an intermediary of Monte Titoli S.p.A., to which the Iveco Group common shares (listed on Euronext Milan and only capable of being held and settled within the systems of Monte Titoli S.p.A.) could be delivered (the Relevant CNHI Shareholders, and the Iveco Group N.V. common shares they are entitled to, the Undelivered IVG Shares).
  • Additional information about the announced activities (namely the allocation of Iveco Group common shares to CNH Industrial shareholders and the settlement of the Undelivered IVG Shares), is available on the corporate website of Iveco Group N.V.
    CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company.

TENNECO TO INTRODUCE NEW LL BRAKE BLOCK FOR RAIL FREIGHT AT 2022 INNOTRANS

Retrieved on: 
Wednesday, June 29, 2022

Advanced Jurid 847 LL brake block helps reduce noise, lower lifecycle cost and improve operating security

Key Points: 
  • Advanced Jurid 847 LL brake block helps reduce noise, lower lifecycle cost and improve operating security
    SKOKIE, Ill., June 29, 2022 /PRNewswire/ -- Tenneco will showcase its new Jurid 847 LL brake block for customers in the rail freight industry at the 2022 InnoTrans in Berlin, Germany (September 20 23, stand 430 / Hall 1.2).
  • Optimized to reduce the rate of wheel wear and likelihood of costly wheel damage, the advanced Jurid 847 LL brake block helps reduce total Life Cycle Costing (LCC) and helps improve operational security of freight wagons.
  • The product formulation was derived from Tenneco's UIC-certified organic brake block products which are known to improve in-service wheel life.
  • In addition to in-house simulation and dynamometer development, the new Jurid 847 LL brake block was extensively evaluated during the UIC in-service tests as part of the homologation process.

EV Test Equipment Market Report 2022: Increasing Demand for Efficient and Low-Emission Commuting to Drive Market - ResearchAndMarkets.com

Retrieved on: 
Monday, June 27, 2022

The global EV test equipment market size is projected to reach USD 242 million by 2027, from an estimated USD 79 million in 2022, at a CAGR of 25.2%.

Key Points: 
  • The global EV test equipment market size is projected to reach USD 242 million by 2027, from an estimated USD 79 million in 2022, at a CAGR of 25.2%.
  • Due to this high demand, many companies provide passenger EV or hybrid passenger EV testing services at a viable cost.
  • The Asia Pacific EV test equipment market is projected to grow at a high rate.
  • The EV test equipment market in China is growing at a high rate due to incentives offered by the government through subsidies for EV usage.

Öhlins® Racing Business Enters Technical Partnership With Scuderia Ferrari F1 Team

Retrieved on: 
Monday, June 27, 2022

"We are excited and proud to announce our formal technical partnership with Scuderia Ferrari and to be able to work in collaboration with one of world's most prestigious vehicle manufacturers," said Henrik Johansson, managing director hlins Racing AB.

Key Points: 
  • "We are excited and proud to announce our formal technical partnership with Scuderia Ferrari and to be able to work in collaboration with one of world's most prestigious vehicle manufacturers," said Henrik Johansson, managing director hlins Racing AB.
  • Now, as a Ferrari Technical Partner, it will advance and accelerate the development of leading-edge suspension technologies that help maximize on-track performance, according to Claes Hesling, Director Auto Racing, hlins.
  • "Since then, the technical collaboration between Scuderia Ferrari and hlins Racing has grown stronger every year.
  • Now, as an official Ferrari Technical Partner, I am very much looking forward to creating an even stronger bond between Scuderia Ferrari and hlins Racing for the future."

First Hydrogen Adds Tolosa as Head of Powertrain

Retrieved on: 
Monday, June 27, 2022

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to announce its subsidiary, First Hydrogen Limited, has appointed Manuel Tolosa as Head of Powertrain Engineering to support its development of hydrogen fuel cell-powered light commercial vehicles (LCV).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to announce its subsidiary, First Hydrogen Limited, has appointed Manuel Tolosa as Head of Powertrain Engineering to support its development of hydrogen fuel cell-powered light commercial vehicles (LCV).
  • For the last 16 years, Manuel has been responsible for hydrogen vehicle development projects at BMW Group (BMW), including the development of the unique BMW iX5 Hydrogen small series.
  • With First Hydrogen, Manuel will provide leadership and direction in all areas of powertrain technology, innovation and engineering application through to production and post-production.
  • First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution and supercritical carbon dioxide extractor systems.

2022 Corporate Calendar – Update

Retrieved on: 
Thursday, June 23, 2022

Iveco Group N.V. (MI: IVG) announces that the meeting of the Board of Directors for the approval of Q2 results has been brought forward to 27th July 2022.

Key Points: 
  • Iveco Group N.V. (MI: IVG) announces that the meeting of the Board of Directors for the approval of Q2 results has been brought forward to 27th July 2022.
  • The conference call for investors and financial analysts is confirmed on 28th July.
  • Iveco Group N.V. (MI: IVG) is a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain, and related Financial Services arenas.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.

IVECO BUS announces plans to restart production of buses in Italy

Retrieved on: 
Monday, June 20, 2022

In short, the initial manufacture of these new buses will be launched in the other Group plants that are already dedicated to IVECO BUS production.

Key Points: 
  • In short, the initial manufacture of these new buses will be launched in the other Group plants that are already dedicated to IVECO BUS production.
  • Production will be completed in Foggia with additional components largely supplied by the national automotive mechanics supply chain.
  • The plan would add production and technological capacity to the brand in Europe, without affecting the development plans already in place and the production levels of the other European IVECO BUS plants.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.