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General Automotive
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Orbia announces the commencement of cash tender offer and consent solicitation

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today, it launched an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 1.875% Senior Notes due 2026 issued by Orbia (the “Notes”). The relevant consideration payment summary for the Notes is as follows: Notes Principal Amount Outstanding Reference U.S. Treasury Security(1) Bloomberg Reference page Fixed Spread (basis points)(2) Early Tender Payment (3)(4)...
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IonQ Announces $22M Deal with EPB Establishing Chattanooga, Tennessee as the First Quantum Computing & Networking Hub in the U.S.

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, today announced the joint development of a new quantum innovation center with EPB of Chattanooga, a leading energy and communications company. This strategic partnership will further establish Chattanooga as the catalyst in Tennessee's emergence as the national hub for quantum innovation. The EPB Quantum Center will house a state-of-the art IonQ Forte Enterprise quantum comput...
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Frontline Road Safety Expands Its National Presence with Acquisition of PLP Company

DENVER--(BUSINESS WIRE)--Frontline Road Safety, the leading provider of pavement marking services in the U.S., today announced that it has acquired PLP Company....
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PHINIA Reports First Quarter 2025 Results

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights: Net sales of $796 million, a decrease of 7.8% compared with Q1 2024. Excluding the decreases related to foreign currency and contract manufacturing agreements that ended in 2024, $16 million and $17 million, respectively, sales decreased $34 million or 4.1%, dr...
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Motive Wins Omnitracs Lawsuit

SAN FRANCISCO--(BUSINESS WIRE)--Yesterday, Motive, the AI-powered Integrated Operations Platform, emerged victorious when a jury in the United States District Court for the Northern District of California delivered a unanimous verdict that Motive does not infringe any of Omnitracs’ patents. This jury verdict was a win for Motive, its customers, and for innovation across the physical economy. Yesterday’s verdict reinforces what Motive’s customers already know — Motive’s success is driven by the...
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Faraday Future Announces that Company Founder YT Jia is Appointed Co-CEO of FF, Targeting Tens of Thousands of FX Units to Be Sold Within Two Years of Production.

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and current Chief Product and User Ecosystem Officer (CPUO), YT Jia, has been appointed Co-CEO of the Company. YT will add finance, legal, and supply chain to his direct reporting lines with the current Global CEO of FF, Matthias Aydt, in addition to his c...
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Snap-on Incorporated Declares Quarterly Dividend

KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on board declared a quarterly dividend of $2.14 per share payable June 10, 2025, to shareholders of record on May 20, 2025....
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Orion S.A. Declares Interim Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has declared an interim dividend to be paid in the third quarter of 2025 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.2 million based on the number of common shares currently outstanding. The interim dividend will be paid on July 2, 2025, to holders of record as of the close of business in New York on J...
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STRATTEC SECURITY CORPORATION Announces Third Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast

MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) Announces Third Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast...
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Stellantis and Factorial Energy Reach Key Milestone in Solid-State Battery Development

AMSTERDAM & BOSTON--(BUSINESS WIRE)--Stellantis & Factorial validate high-density solid-state EV batteries, fast-charging in 18 mins, aiming for demo fleet by 2026....