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DENSO Products and Services Americas Named 2020 North American Aftermarket Automotive Company of the Year
DENSO recognized for excellence in aftermarket products, model customer service and training programs SANTA CLARA, Calif., Oct. 29, 2020 /PRNewswire/ -- Based on its recent analysis of the North American automotive aftermarket, Frost & Sullivan has honored DENSO Products and Services Americas, I...
Autohome Announces Additional US$168 Million Investment in TTP Car Inc. to Build the Largest Used Car Platform in China
BEIJING, Oct. 29, 2020 /PRNewswire/ -- Autohome recently announced that it has entered into a definitive agreement with TTP Car Inc. ("TTP"), a leading auction platform for used cars inChina. Pursuant to the agreement, Autohome will make an investment in TTP through subscription of preferred shar...
5G Automotive Association Virtual Showcase Highlights Momentum behind C-V2X Technology Deployment for Connected Vehicles and Smart Cities in the U.S.
Leading automotive, tech and telecom companies combine efforts to accelerate Cellular Vehicle-to-Everything roll-out and increase safety for drivers, pedestrians, and cyclists acrossthe United States. DETROIT, Oct. 29, 2020 /PRNewswire/ -- The 5G Automotive Association (5GAA) hosted a virtual sh...
AirCar - The Flying Car Passed Flight Tests. Next Stop: Driving a New Market
NITRA, Slovakia, Oct. 28, 2020 /PRNewswire/ -- AirCar (V5) is the latest generation flying car that transforms from road vehicle into air vehicle in less than 3-minutes. Useful for leisure and self-driving journeys, and also as a commercial taxi service, the dual mode transformation vehicle can g...
Level 1 and 2 Autonomous Truck Sales to Reach 1.1 Million Units By 2040 in North America and Europe
OEMs will need to exhibit agile strategies to support AV technologies through alliances and acquisitions, says Frost & Sullivan SANTA CLARA, Calif., Oct. 28, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Opportunities and Use Cases for Autonomous Trucking, Forecast to 2040, maps the au...
PAL-V World's First Flying Car Hits The Road
RAAMSDONKSVEER, Netherlands, Oct. 28, 2020 /PRNewswire/ -- Who hasn't dreamed about a flying car? Taking your car for a ride in the sky? This dream is one step closer now. After flying and driving the test prototype in 2012, PAL-V started the design of the Liberty, its commercial product. Recent...
Autohome Inc. Announces Investment in TTP Car Inc.
BEIJING, Oct. 27, 2020 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that it has entered into a definitive agreement with TTP Car Inc. ("TTP"), a leading auction platform for used cars inC...
XCMG Delivers Customized Mining Graders to Rio Tinto, Driving Growth in High-end Markets
XUZHOU, China, Oct. 27, 2020 /PRNewswire/ -- Leading Chinese construction
machinery manufacturer XCMG (SHE: 000425) has delivered a customized fleet of
GR2605 graders to Rio Tinto's mines, while activating the manufacture process
of Rio Tinto customerized GR5505 mining graders.
Crown Equipment Celebrates 75 Years of Customer Excellence
AUCKLAND, New Zealand, Oct. 27, 2020 /PRNewswire/ -- Brothers, Carl H. Dicke and Allen A. Dicke, founded Crown Equipment Corporation in New Bremen, Ohio, in 1945 with an unwavering commitment to customer service. Seventy-five years later, Crown is a widely recognised, global material handling equi...
Veoneer Honored by FCA as 2019 Supplier of the Year
STOCKHOLM, Oct. 26, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), was named FCA Electrical Supplier of the Year during the virtual 2020 North America Annual Supplier Conference and Awards program held onOctober 23, 2020. The FCA Supplier of the...
GWM's POER Pickup Features 8AT for Global Launch
This Upcoming Launch Drives GWM Forward on its Internationalization Strategy BEIJING, Oct. 26, 2020 /PRNewswire/ -- GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, is entering the international mainstream pickup truck market with the launch of POER pickup in the fourth qu...
Third party tests confirm HYZON Motors' new liquid-cooled fuel cell stack leads the world in power density
* HYZON's new proton exchange membrane fuel cell is designed to power ultra-heavy vehicles and machinery without compromise in performance or economics * Third party testing from TUV Rheinland validates record peak power density above 6kW/L – the highest power density fuel cell stack in the w...
DJI and Mercedes-Benz EQ Formula E Team have lift-off
* DJI, global leader for civilian drones and aerial imaging technology, to become an Official Team Supplier of the Mercedes-Benz EQ Formula E Team * Ian James: "We are continually looking at innovative ways to bring our fans closer to the team. In our conversations with DJI, we soon discovered...
Clarios Delkor® Corporation Wins Korean Quality Excellence Award in Car Battery Category for 15th Consecutive Year
SEOUL, South Korea, Oct. 26, 2020 /PRNewswire/ -- Clarios Delkor® Corporation was named the top automotive battery manufacturer in the 2020 Korean Standard - Quality Excellence Index (KS-QEI) by the Korean Standards Association. Clarios Delkor Corporation is the Korean subsidiary of Clarios, t...
Financial Report July - September 2020
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- Q3 2020: Better than Q3 2019 Financial highlights Q3 2020 $2,037m net sales 0.4% organic sales growth* 8.6% operating margin 10.1% adjusted operating margin* $1.12 EPS - an increase of $0.14 $1.48 adjusted EPS* - an increase of $0.18 Full year 2020 ind...
Financial Report July - September 2020
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- Financial Summary - Q3'20 * Net Sales and Cash flow were better than expected * Net Sales of $371 million declined by 20% including an Organic Sales1 decline of 7% * Active Safety Net Sales of $170 million declined by 5% including an Organic Sales ...
Bitauto Announces Shareholders' Approval of Merger Agreement
BEIJING, Oct. 23, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced that at an extraordinary general meeting held today, the...
Nexteer Unveils New High-Output Electric Power Steering System
* Converts Heavy-Duty Trucks & Light Commercial Vehicles from Hydraulic to
Electric Power Steering
* Enables Heavier Vehicles to Take Advantage of Advanced Safety, Comfort and
Fuel Economy AUBURN HILLS, Mich., Oct. 23, 2020 /PRNewswire/ -- Nexteer
Automotive
Lear Climate Change Strategy Aims for Net Zero Emissions by 2050
SOUTHFIELD, Mich., Oct. 23, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA),
a global automotive technology leader in Seating and E-Systems, today expanded
its sustainability efforts by announcing several new environmental goals,
including achieving net zero emissions by 2050.
EV Charge Holding Limited secures EUR15 million from GEM
ZHENGZHOU, China, Oct. 23, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
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