Automotive & Mobility

Dana Launches Cash Tender Offers for Any and All Senior Notes

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Dana Launches Cash Tender Offers for Any and All Senior Notes

Maumee – November 06, 2026 -- Dana Incorporated (NYSE: DAN) has launched cash tender offers to buy back any and all of its listed senior notes, with the offers set to expire at 5:00 p.m. New York City time on November 13, 2026.

The Offers are made under an Offer to Purchase dated November 6, 2026. They are not conditioned on any minimum amount of Notes being tendered, although Dana's obligation to pay for tendered Notes depends on conditions set out in the Offer to Purchase. Dana may amend the Offers at its sole discretion, subject to applicable law.

Dana expects to settle accepted notes on or about November 17, 2026

Notes validly tendered and not withdrawn by the Expiration Date, and accepted for purchase, will settle promptly afterward. Dana expects settlement on or about November 17, 2026, the second business day after expiration.

Segway Powersports Opens MY27 European Orders in 2027

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Segway Powersports Opens MY27 European Orders in 2027

MILAN – November 06, 2026 -- Segway Powersports will open Model Year 2027 (MY27) orders to European dealers and customers in 2027, with deliveries starting the same year through its existing dealer network. The company announced the timeline at its 2026 International Business Partner Conference, held during EICMA 2026.

More than 100 dealers and partners from over 50 countries and regions attended. Participants came from Europe, Asia-Pacific, Africa, the United States and South America.

Europe ranks among the first markets in the MY27 global rollout

The MY27 lineup was unveiled at EICMA. Europe will receive it alongside North America, Latin America and markets across Asia and Africa.

Golf Cart Market to Hit $3.24B by 2031 on Electric Shift

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Golf Cart Market to Hit $3.24B by 2031 on Electric Shift

HYDERABAD – November 05, 2026 -- The golf cart market will grow from USD 2.44 billion in 2026 to USD 3.24 billion by 2031, a CAGR of 5.81%, according to a new Mordor Intelligence report. Demand is rising across resorts, golf courses, gated communities and recreational facilities.

The shift to electric mobility, better lithium iron phosphate (LFP) battery technology and growing preference for four-seater models are driving expansion. Manufacturers are also investing in solar-assisted systems, flexible financing and online sales platforms to reach more customers.

Stingray Pitches Native In-Car Entertainment to OEMs in Paris

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Stingray Pitches Native In-Car Entertainment to OEMs in Paris

Paris – November 05, 2026 -- Stingray is pressing automakers to keep in-car entertainment in-house rather than cede the dashboard to Apple CarPlay and Android Auto, using its Mondial de l'Auto appearance in Paris to make the case.

DATAxis panelists frame entertainment as an OEM battleground

At the DATAxis Conference ahead of the Paris Motor Show, industry leaders agreed that in-cabin experience increasingly shapes brand perception, customer loyalty and purchasing decisions as vehicles become software-defined. Tom Adams, who represented Stingray on the panel, said automakers should retain control of their "digital customer journey" instead of leaving it to third-party smartphone ecosystems.

Toyota North America Names Templin CEO, Nambu COO From Jan. 1

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Toyota North America Names Templin CEO, Nambu COO From Jan. 1

PLANO, Texas – November 05, 2026 -- Toyota Motor North America (TMNA) will replace its chief executive on January 1, 2027, handing the top job to Mark Templin as Ted Ogawa returns to Toyota Motor Corporation (TMC) in Japan after a tenure that saw nearly $60 billion in cumulative U.S. investment.

Templin moves up from COO as Nambu arrives from Japan

Templin, currently TMNA's executive vice president and chief operating officer, becomes president and CEO. He will lead North American manufacturing, research and development, sales, marketing, product support and corporate functions.

Ballard FCmove-SC Enters Series Production in Solaris Urbino 12

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Ballard FCmove-SC Enters Series Production in Solaris Urbino 12

VANCOUVER – – November 05, 2026 -- Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) will debut its FCmove-SC fuel cell engine in series production in the new-generation Solaris Urbino 12 hydrogen transit bus, with the engine rated at up to 80kW and a specified lifetime above 25,000 operating hours.

The milestone follows an extension of the long-term supply agreement between Ballard and Solaris. The extension also broadens the scope of their cooperation.

FCmove-SC raises power density 57% and cuts part count 40%

Ballard says the engine is designed for city transit duty cycles. Integrated DC/DC packaging lifts volumetric power density by 57%. An internal DC/DC converter and power controller reduce external interfaces, which simplifies vehicle integration.

Harbinger Raises $240M Series D to Scale Electrification Platform

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Harbinger Raises $240M Series D to Scale Electrification Platform

Garden Grove, Calif. – November 05, 2026 -- Harbinger, a U.S. industrial technology platform company, has raised $240 million in Series D funding, bringing its total capital raised since its 2021 founding to more than $650 million.

Tiger Global, Capricorn and Ridgeline co-lead the round

The round was co-led by Tiger Global, Capricorn's Technology Impact Fund and Ridgeline. Crossover investors Fidelity Management & Research Company, Squarepoint Capital and Xantium participated. Returning backers include Maniv, Greycroft, Australian Gulf Capital, PanaceaVC, ArcTern Ventures and Leitmotif.

Strategic investors include FedEx and THOR Industries in mobility, both through TechNexus, and BuildGroup in data centers. Goldman Sachs and Morgan Stanley acted as placement agents.

Sasken Wins Multi-Year European Automaker Telematics Unit Deal

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Sasken Wins Multi-Year European Automaker Telematics Unit Deal

Bengaluru – November 05, 2026 -- Sasken Technologies Ltd. (BSE: 532663, NSE: SASKEN) has secured a multi-year engineering engagement with the software company of a leading European automotive group to develop next-generation telematics control units (TCUs) for global vehicle platforms.

Sasken to cover software, hardware and validation work on the TCU programme

Sasken will deliver software development, systems integration, hardware engineering and validation services. The work targets production-grade telematics solutions that meet the performance, quality and reliability requirements of global vehicle programmes. Sasken and the customer's engineering teams will collaborate across hardware design, software development, integration and validation.

The announcement does not name the customer or state the contract value.

Stellantis Set Out 2026 Corporate Calendar Highlighting Key Financial Reporting Milestones

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Stellantis Set Out 2026 Corporate Calendar Highlighting Key Financial Reporting Milestones

SHERIDAN, WYOMING - October 29, 2026 - Stellantis N.V. announced its corporate calendar for 2026, outlining the timing of major financial disclosures and governance milestones that will shape investor communications throughout the year. The calendar provided markets, partners, and stakeholders with early visibility into reporting dates for full-year and quarterly results, reinforcing Stellantis' commitment to transparency and predictable financial governance across its global operations.

Full-Year and Quarterly Financial Reporting Schedule

Stellantis confirmed a structured cadence for its 2026 financial reporting, covering both full-year and interim results. The calendar began with the publication of Full Year 2025 Financial Results on October 29, 2026, followed by a regular quarterly rhythm throughout the year.

The announced reporting dates included:

Hyliion Holdings Faces Securities Fraud Suit Over Alleged Stock Manipulation

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Hyliion Holdings Faces Securities Fraud Suit Over Alleged Stock Manipulation

Los Angeles – October 29, 2026 -- The Law Offices of Frank R. Cruz has opened a lead plaintiff window until October 29, 2026, for investors who lost money on Hyliion Holdings Corp. (NYSE: HYLN) shares during a six-week trading window this spring.

Class action targets trading activity between May 12 and October 29, 2026

The complaint alleges Hyliion executives orchestrated a rapid stock price increase by announcing a deal with a newly formed entity that lacks apparent business operations. Individual defendants are accused of timing the announcement and resulting price appreciation to execute insider trades before the stock's subsequent decline.