1,405 press releases in English indexed under automotive.
NEW YORK, Sept. 21, 2026 -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who bought Avis common stock to cover a short position, between February 20, 2025 and April 21, 2026,...
The article examines how dent shape, depth, paint condition, and panel access affect whether damaged vehicle panels can be restored without repainting. APEX, N.C., Sept. 21, 2026 -- What types of dents can paintless dent repair fix? A HelloNation article featuring insights...
SAN DIEGO, Sept. 21, 2026 -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Avis Budget Group, Inc. (NASDAQ: CAR) securities (including those who bought Avis common stock to cover a short position) between February 20, 2026 and April 21, 2026, inclusive (the “Class Period”), have until September 29, 2026 to seek appointment as lead plaintiff of the Avis class action lawsuit. Captioned Hakimian v. Pentwater Capital Management LP, No. 26-cv-02275 (M.D. Fla.), the Avis class action lawsuit charges Pentwater Capital Management LP as well as its Chief Executive Officer with violations of the Securities Exchange Act of 1934.
HONG KONG, Sept 21, 2026 - CTF Life today launched Sky Leap 88 Savings Insurance Plan (the “Plan”), a comprehensive wealth management solution integrating wealth accumulation, flexible asset allocation and intergenerational legacy planning. Featuring dual 8% enhancement advantages^, the Plan offers customers greater potential for wealth accumulation and value enhancement. By attaching the “Value Enhance Option”1 and prepaying the basic plan premium in full, customers can enjoy a limited-time first-year premium discount of at least 8% and up to 10%*. The option also enhances the Total Policy Value and shortens both the Guaranteed Breakeven Period and Projected Breakeven Period by one year#, helping customers reach breakeven sooner. The Plan also incorporates a range of distinctive product features and policy services, including the special-in-market2 8% “Legacy Compassion Benefit”3, “Wealth Accumulation Switching Option”4, “Policy Split Option”5, “Flexible policy value withdrawal arrangements” and “Life Event Option”6. Together, these product features and services help customers accumulate wealth steadily, manage asset allocation and policy value withdrawals, and plan their legacy with greater flexibility, enabling both wealth and care to be passed on to the next generations. The Financial Services and the Treasury Bureau noted in the Secretary’s Blog that US$83 trillion in private wealth is expected to be transferred across generations globally over the next two to three decades7. As wealth succession today goes beyond asset allocation, CTF Life is launching Sky Leap 88 Savings Insurance Plan to help customers address both wealth accumulation and legacy-planning needs. Betty Lee, Chief Product Officer of CTF Life, said: “True legacy goes beyond preserving or passing on wealth. It is about entrusting the fruits of years of effort and our aspirations for future generations with confidence and care. That vision inspired the creation of Sky Leap 88. Backed by CTF Life’s prudent dividend philosophy and financial strength, the Plan helps customers balance wealth accumulation and preservation while laying a strong foundation for building a well-structured, long-term legacy roadmap for the generations to come.” She continued: “We firmly believe a policy proves its true value by consistently delivering on its promises. Even amid market volatility, we pursue long-term wealth growth potential for customers through prudent investment strategy, empowering them to pursue their life goals at every stage with greater confidence through our savings insurance plans. Reflecting this commitment, our three signature product series8 have achieved a 100% or more fulfilment ratio for ten consecutive years9. We also maintained a non-guaranteed accumulation interest rate of 4.25% p.a. on participating USD policies for 14 consecutive years10. These results demonstrate our consistency and reliability in delivering on return commitments to customers over the long term and embody our steadfast commitment to creating value beyond insurance.” Key features and policy services of the Plan include: 1.“Value Enhance Option”1: By attaching the “Value Enhance Option”1 and prepaying the basic plan premium in full in advance, customers can enjoy a limited-time first-year premium discount of at least 8% and up to 10%*. The Guaranteed Cash Value and Total Policy Value will also be enhanced throughout the policy term. Compared with a policy under the regular premium payment mode without the “Value Enhance Option”1, it shortens both the Guaranteed Breakeven Period and Projected Breakeven Period by one year#, and can achieve a projected internal rate of return of 6.5% by the 20th Policy Year#, helping customers reach guaranteed breakeven sooner. 2.“Wealth Accumulation Switching Option”4: Starting from the 10th policy anniversary, customers can flexibly choose the value ratio of “Stable Asset Account”11 through three special-in-market2 Switching Options with artisanal design (including “Advance”, “Balanced” and “Conservative”). Customers can match the option to their needs at different life stages, balancing wealth accumulation opportunities with prudent asset management. 3.Multiple innovative legacy planning solutions: Customers can use the “Policy Split Option”5 to allocate a portion of the Units from a basic plan to a separate Split Policy. Combined with other policy services, including unlimited changes of Insured12 with protection period covering until the new Insured reaches age 128, and the “Policy Continuation Option”13 and Policy Custody Value-added Service13, the Plan gives customers flexibility to deploy and plan a comprehensive legacy roadmap. 4.Special-in-market2 “Legacy Compassion Benefit”3: Following each successful exercise of the “Policy Continuation Option”13, a “Legacy Compassion Benefit”3 will be payable on the next Policy Anniversary falling three years after the relevant policy continuation effective date. The benefit equals 8% of the Guaranteed Cash Value as at the time the option is exercised, adding extra value to intergenerational legacy planning. 5.Flexible policy value withdrawal arrangements: Customers can set up one-time or regular withdrawal instructions for direct payment to designated payee(s)14. Starting from the second policy anniversary, they can withdraw up to 6% of the Total Premiums Paid each year15 until policy maturity, giving them a flexible cash flow to meet diverse needs. 6.Flexible settlement options for Death Benefit16 / Full Surrender17: Customers can choose to pay the Death Benefit to beneficiaries through a lump-sum payment, regular instalment payments, increasing instalment payments or customised payments. Once the policy has been in force for five years, customers who fully surrender the policy can receive the payment as a lumpsum, or at regular or increasing instalments, tailoring legacy and financial planning to individual and family needs. 7.“Life Event Option”6: Customers can combine the option with applicable Death Benefit Settlement Options and predefine lump-sum payments for the Primary Beneficiary(ies) at meaningful life milestones, such as reaching designated ages, marriage, property purchase, diagnosis of a major critical illness, or other life events. CTF Life pays the corresponding amount in a lump sum based on the percentage the Policy Owner predesignates, making protection a thoughtful extension of the Policy Owner’s wishes. 8.Premium Waiver18: If an accident occurs, CTF Life pays the future premiums of the basic plan for the customer, keeping the policy in force while easing the family’s financial burden and protecting the future of their loved ones. To support the launch, CTF Life will roll out an outdoor advertising campaign from late September at prominent locations, including Hong Kong International Airport, K11 MUSEA, K11 Art Mall and Tsim Sha Tsui East MTR Station. A branded “Sky Leap 88” promotional vehicle will also travel across key districts on Hong Kong Island and Kowloon for one month, showcasing how the Plan combines enhanced wealth accumulation with legacy-planning benefits. Notes: ^ “Dual 8% Enhancement Advantages” refers to: (i) by attaching the “Value Enhance Option”¹ and prepaying the basic plan premium in full in advance, you may enjoy a limited-time first-year premium discount of 8% or 10%, depending on the annual premium amount; and (ii) following each exercise of the “Policy Continuation Option”13, an amount equal to 8% of the Guaranteed Cash Value as at the Policy Continuation Effective Date will be paid on the next Policy Anniversary falling three years after the relevant Policy Continuation Effective Date. Please refer to the product brochure and the Policy Provisions for details. * Customers who apply for the Sky Leap 88 Savings Insurance Plan (with “Value Enhance Option”), choose the annual payment mode and prepay all premiums and premium levy of the basic plan in a lump sum upon application, and whose application is successfully approved on or before 26 February 2027 (“Eligible Policy”). The application submission period is from 21 September 2026 to 31 December 2026 (both dates inclusive). The offer is subject to terms and conditions. For details, please refer to the promotional leaflet:https://www.ctflife.com.hk/pdf/en/sky-leap-88-savings-insurance-plan-premium-offer-flyer.pdf # The comparison is based on the annual premium payment mode, assuming no policy withdrawal or surrender has been made, no other policy option has been exercised, and all premiums due have been paid in full on their respective due dates. The Guaranteed Breakeven Period / Projected Breakeven Period refers to the Policy Year in which the Guaranteed Cash Value / Total Policy Value first equals or exceeds the Total Premiums Paid at the end of that Policy Year. The Total Policy Value is calculated based on the current assumed investment returns and is not guaranteed. 1 The “Value Enhance Option” will be attached to the policy of the basic plan as a rider. If the Policy Owner prepays the premium and premium levy of the basic plan with premium payment in annual mode in full in advance, we will enhance the Guaranteed Cash Value and Total Policy Value of the Basic Plan, which will be shown in the Policy Illustration or the relevant endorsement schedule. Please refer to the policy provisions for further details of the “Value Enhance Option”. 2 “Special-in-market” is the result of comparing similar major life insurance savings products of major life insurance companies in Hong Kong as of 21 September 2026. In respect of the “Legacy Compassion Benefit”, "Special-in-market" refers to the feature whereby the benefit amount is calculated based on the Guaranteed Cash Value as at the effective date of policy continuation and is payable on the next policy anniversary following the third anniversary of the relevant policy continuation effective date. 3 Upon each exercise of the Policy Continuation Option, a Legacy Compassion Benefit will be payable. The benefit amount is equal to 8% of the respective Guaranteed Cash Value of the Original Policy and/or the Continued Policy (as applicable) immediately after the relevant Policy Continuation Option has been exercised. The benefit will be paid on the next policy anniversary following the third anniversary of the relevant Policy Continuation Effective Date. Please refer to the policy provisions for further details of the Legacy Compassion Benefit. 4 Wealth Accumulation Switching Options and its portfolio ratio Switching option(s) “Stable Asset Account” allocation Allocation of the cash value of Reversionary Bonus (if any) and cash value of Terminal Bonus (if any) Advance 0% 100% Balanced 40% 60% Conservative 80% 20% “Stable Asset Account Allocation” = the value of “Stable Asset Account” ÷ (cash value of Reversionary Bonus (if any) + cash value of Terminal Bonus (if any) + value of Stable Asset Account) x 100% 5 While the policy is in force and the Insured is still alive, after the end of the 5th Policy Year and subject to the prevailing rules of the Company, you may exercise Policy Split Option to create a separate policy (the “Split Policy”), allocating a portion of Unit from the basic plan of the policy to the Split Policy without providing any evidence of insurability. Please refer to the Policy Provisions for more details of Policy Split Option. 6 Please note that the Death Benefit Settlement Option (including “Life Event Option”) Policy Service belongs to other policy services. For the relevant terms and conditions, please refer to the respective service application forms and “Notification of Policy Service Confirmation”. CTF Life has the sole and absolute discretion to approve or reject applications for such service. All applications are subject to the relevant terms and conditions, which may be determined and amended by us from time to time without prior notice. 7 Source: Secretary’s Blog, The Financial Services and the Treasury Bureau, published in June 2026. 8 The three signature product series include: (i) "Regent" / "MyWealth" Series (similar products as “Sky Leap 88”), (ii) "HealthCare 168" Series (similar products as "FamCare 198"), and (iii) "Fortune Saver" Series (similar products as “Ever Shine"). 9 For policies under the above product series issued during the years from 2015 to 2024, the dividend fulfilment ratio of the Annual Dividend/ Reversionary Bonus / Terminal Dividend / Terminal Bonus for each policy issue year reached 100% or above. Please visit CTF Life’s website for the latest dividend fulfilment ratio information of the above or other products. Dividend and bonus history is for reference only and is not indicative of the future performance of CTF Life’s products. 10 As of 21 September 2026, the accumulation interest rate of the Company's participating USD policies has remained consistently at 4.25% p.a. since 2013. The interest rate is not guaranteed and may be adjusted from time to time. 11 Account determined in accordance with the Wealth Accumulation Switching Option provision in which its long-term target asset allocation is 100% in fixed income type securities. The value of the Stable Asset Account will accumulate at such interest rate as may be declared by us from time to time. The current annual interest rate of the Stable Asset Account is 4.25%. (As of 21 September 2026, the accumulation interest rate of the Company's participating USD policies has remained consistently at 4.25% p.a. since 2013). However, the interest rate of the Stable Asset Account is not guaranteed and may even be 0% in any year. 12 Changing the Insured is subject to the prevailing administrative rules and designated requirements. The Unit, Guaranteed Cash Value, the face value of accumulated Reversionary Bonuses (if any) and the face value of Terminal Bonus (if any), any accumulated value of Stable Asset Account, Policy Date and Policy Years will remain the same on the Insured-Change Effective Date while the Plan End Date will be adjusted to the date of policy anniversary on the 128th birthday of the Changed New Insured or following the 128th birthday of the Changed New Insured (whichever is applicable). Please refer to the Policy Provisions for details of the Change of Insured Option. 13 Prior to the death of the Insured, the Policy Owner can assign one or two beneficiary(ies) for the Policy Continuation Option and specify the proportion of the Death Proceeds to be paid to each beneficiary for the Policy Continuation Option. Please refer to the Policy Provisions for details of the Policy Continuation Option. Please note that Policy Custody Value-added Service belongs to other policy services. For the relevant terms and conditions, please refer to the respective service application forms and the “Notification of Policy Service Confirmation.” CTF Life has the sole and absolute discretion to approve or reject applications for such service. All applications are subject to the relevant terms and conditions, which may be determined and amended by us from time to time without prior notice. 14 Policy value withdrawal is subject to the Company’s minimum Unit requirement and the relevant terms and conditions. Policy value withdrawal belongs to other policy services. For details, please refer to the relevant service application form and the “Notification of Policy Service Confirmation.” 15 This assumes that all premiums due have been paid in full on their respective due dates and that no other policy options mentioned herein have been exercised. The above calculation is based on current assumed investment returns and is not guaranteed. 16 Subject to specified conditions. Please refer to the Policy Provisions for details of Death Benefit Settlement Option. 17 Subject to specified conditions. Please refer to the Policy Provisions for details of Full Surrender. 18 “Waiver of Premium Benefit” is not applicable to policies that attached “Value Enhance Option”. Please refer to the Policy Provisions for details of “Waiver of Premium Benefit” and “Payor Benefit”. Important Notice: - The information contained in this press release is intended as a general summary of information for reference only. For more details, please refer to relevant product brochures, promotion leaflets, and policy documents. For details regarding the CTF Life Sky Leap 88 Savings Insurance Plan, please refer to the policy contract for details of the full terms and conditions. - This press release does not contain the full provisions, key product risks, and all exclusions of the Sky Leap 88 Savings Insurance Plan, and the full terms can be found in the Policy documents. The Sky Leap 88 Savings Insurance Plan may serve as a standalone plan(s) without bundling with other type(s) of insurance product. Please refer to the main product brochure and policy terms and conditions, as well as the explanatory documents provided by your licensed insurance intermediary, to fully understand the details and complete terms and conditions regarding the mentioned definitions, fees, product features, exclusions, and compensation payment conditions related to the Sky Leap 88 Savings Insurance Plan. - Please refer to the product brochure for more information on the Sky Leap 88 Savings Insurance Plan: https://www.ctflife.com.hk/pdf/en/sky-leap-88-savings-insurance-plan-brochure.pdf - For further details, please contact CTF Life’s Customer Service Hotline on +852 2866 8898. - This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell or a solicitation to buy or provision of any of our products outside Hong Kong. Chow Tai Fook Life Insurance Company Limited hereby declares that it has no intention to offer to sell, to solicit to buy or to provide any of its products in any jurisdiction other than Hong Kong in which such offer to sell or solicitation to buy or provision of any product of Chow Tai Fook Life Insurance Company Limited is illegal under the laws of that jurisdiction.
Following its European debut, LEPAS is now expanding its presence across the region.
Growth is driven by EV and energy storage demand, gigafactory expansion, stricter battery safety regulations, and adoption of AI, automation, X-ray and CT inspection Growth is driven by EV and energy storage demand, gigafactory expansion, stricter battery safety regulations, and adoption of AI, automation, X-ray and CT inspection
Company invites 28 outstanding students and instructors from academic-industry partner institutions across eight countries in Asia and Europe for mobility training Training held at Cheonan Global Learning Center covers EV and battery fundamentals, E-GMP and ADAS Participants tour Hyundai Motor Group facilities including a steel manufacturing plant, vehicle production lines and an advanced maintenance center Instructor-led curriculum development creates sustainable talent pipeline for future service professionals across global markets
HONG KONG, Sept 21, 2026 - Duiba Group Limited (Stock Code: 01753.HK), the Hong Kong-listed operator that has become one of China's fastest-scaling AI short-drama platforms, announced that its controlling shareholder, Xiaoliang Holding Limited, has agreed to transfer 120,682,000 ordinary shares — approximately 11.21% of issued share capital — for nil consideration to Kewei Holding Limited, the Company's employee share award platform. The transfer, executed on 20 September 2026, is understood to be the largest founder-to-ESOP donation by percentage of share capital in the history of the Hong Kong stock market. It is not a disposal for cash. No shares are being sold into the market; all of them are being placed into a vehicle whose sole economic purpose is to reward and retain employees. Crucially, the arrangement is being funded entirely from the founder's personal shareholding. It involves no issuance of new shares and therefore no dilution to existing shareholders, and it consumes no company capital — no cash, no treasury reserves, no debt. The 120,682,000 shares are being transferred at nil consideration from the founder's own account to the employee incentive platform, meaning the cost of motivating and retaining the core team is borne by the founder, not by public investors or the Company's balance sheet. Six months of exponential growth The transfer comes as Duiba's AI short-drama business enters a phase of compounding growth. On Douyin's native end, cumulative playback from June to August rose 178%. In July and August, Duiba ranked top three across the entire industry for two consecutive months, and was the only leading player to sustain month-on-month growth above 50% in both months. Seven years, zero founder selling Duiba listed on the Main Board of The Stock Exchange of Hong Kong on 7 May 2019. According to HKEX disclosure records, Mr. Chen Xiaoliang, the founder and controlling shareholder, voluntarily extended the post-IPO lock-up to three years at the time of listing and, from the IPO through the date of the transfer, has never reduced his personal beneficial shareholding. The 20 September arrangement is therefore the first change in the founder's ownership structure in the seven years since listing — and its direction is unambiguously inward. "This is the clearest possible signal that the controlling shareholder is backing the next chapter of the business rather than exiting it," a Company spokesperson said. "The shares go to an ESOP vehicle, not to the market." After completion, Xiaoliang Holding will remain the controlling shareholder with approximately 31.01%, down from 42.21%. Kewei Holding, which currently holds only 0.17%, will hold approximately 11.38%. A war chest for AI talent Kewei Holding has undertaken to introduce new incentive schemes with vesting and lock-up arrangements under the Company's equity incentive management measures. The stated focus is AI businesses, with AI short drama at the centre. Existing and future awards will be subject to service and performance conditions, aligning key employees with long-term shareholder value. The timing is deliberate. The AI short-drama sector is expanding rapidly, but hits remain scarce: fewer than 0.5% of new AI short dramas on Douyin surpass 100 million views. In that environment, the constraint on growth is not capital — it is the ability to retain writers, algorithm engineers, producers and commercialisation talent capable of turning AI tooling into repeatable hits. By moving roughly 11% of the Company into a locked-up, performance-vested incentive pool, Duiba is, in effect, converting founder ownership into collective engineering and creative capacity. The AI bet is already compounding Duiba was founded in 2014, is headquartered in Hangzhou and listed on HKEX in May 2019. It built its early business on points-and-benefits SaaS and internet advertising, serving more than 16,000 enterprise clients. In late 2025 it moved strategically into AI short drama, building a full-stack pipeline spanning AI scriptwriting, AI production and AI distribution — what the Company describes as the industrialised, scaled monetisation of AI-generated content. Financials: revenue and gross profit rising in tandem The Company's 2026 interim results show that the growth is reaching the income statement, not merely the traffic ledger. For the six months ended 30 June 2026: Metric 1H2026 Change Total revenue RMB 434.7 million +24.3% YoY Gross profit RMB 74.5 million +30.0% YoY Gross margin 17.1% 16.4% (1H2025) Loss attributable to owners RMB 25.3 million narrowed AI short-drama revenue RMB 222.6 million 51.2% of group revenue The Group's traditional SaaS and advertising operations contributed nearly RMB 70 million of gross profit in the first half and are expected to continue providing earnings support, while AI short drama has become the dominant revenue driver. Asset quality also appears intact. The Company reported net assets of RMB 1.175 billion, cash and short-term wealth management products of approximately RMB 400 million, and prepayments of RMB 345 million, largely related to the bank instant-discount business and recyclable into working capital. Why the transfer matters now Three things make the move more than a symbolic gesture. First, it is structurally a gift, not a sale. The nil-consideration transfer means the founder receives no cash. For a controlling shareholder who has not sold a single share in seven years, the decision moves equity from a personal account to a collective one. Second, it arrives at a moment of operational inflection. Douyin rankings, view-count trajectories and the first-half revenue split all point in the same direction: AI short drama has become the core business, and locking talent into it via vesting and lock-ups addresses the binding constraint on its next phase. Third, it creates a credible incentive currency. An ESOP pool of roughly 11.38% is large enough to be material for hires and retention, yet structured with vesting and lock-ups that prevent it from becoming a short-term payout. The road ahead: overseas expansion and the short drama alliance business Duiba's second-half outlook rests on two tracks: AI short-drama expansion and a stable SaaS and advertising base. On the global front, the Company is accelerating its overseas push into a market it estimates at US$4 billion in 2026, up 390% year on year, with management expecting overseas operations to begin contributing revenue in the fourth quarter. Domestically, it is pursuing a strategy of the short drama alliance business,expanding to tens of thousands of app media clients via SDK access. Its distribution footprint extends beyond Toutiao and Hongguo to Tencent, Kuaishou, Baidu and more than 20 mid-tier platforms. This is not a founder exit. It is a founder-to-employee capital allocation: a seven-year holder converting personal ownership into collective incentive capacity at precisely the moment Duiba's AI short-drama business is compounding on both the view-count and income-statement lines.
Hyundai Motor Group launched the Mobility Innovation Ideathon and Research Synergy Forum for universities participating in the Hyundai Center of Excellence (Hyundai CoE) Hyundai CoE's seven-university network comprises leading institutions like IIT Delhi, IIT Bombay, IIT Madras, IIT Kanpur, IIT Hyderabad, Visvesvaraya National Institute of Technology (VNIT) Nagpur and Tezpur university Students from Hyundai CoE member universities can participate in the Ideathon by submitting their ideas through the dedicated microsite, proposing innovative in-vehicle experience concepts tailored to Indian mobility needs and evolving customer lifestyles The initiative aims to strengthen industry-academia collaboration while fostering future mobility innovation and talent development in India Faculty members and Hyundai researchers will exchange insights on batteries, electrification and future mobility technologies through a dedicated research forum
NEW YORK, Sept. 20, 2026 -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of America's Car-Mart, Inc. (NASDAQ: CRMT) resulting from allegations that America's Car-Mart may have issued...
KUALA LUMPUR, Malaysia, Sept. 20, 2026 -- The Malaysia Sarong Music Run 2026 was held in Kuala Lumpur, bringing together sports, music and local cultural experiences. As the official automotive partner of the event, JETOUR organized a fleet of more than 100 vehicles for a city parade through the capital. The celebration drew a crowd of over 20,000 participants, with YAB Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia, and Ke Chuandeng, President of JETOUR International, in attendance to join this unique fusion of fitness, music and Malaysian culture.
Sunwin Accelerates Its European Green Mobility Strategy with All-Electric Bus Portfolio Sunwin Accelerates Its European Green Mobility Strategy with All-Electric Bus Portfolio