Auto
Hyundai Motor Group Becomes Most Awarded Automotive Group in the J.D. Power 2020 U.S. Initial Quality Study
SEOUL, South Korea, June 25, 2020 /PRNewswire/ -- Hyundai Motor Group received the most model-level awards in the J.D. Power 2020 U.S. Initial Quality Study (IQS), as seven models ranked highest in their segments. Kia Motors Corporation tied for the highest in overall initial quality with a scor...
TuanChe Limited to Report First Quarter 2020 Financial Results on July 2, 2020
BEIJING, June 24, 2020 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading omni-channel automotive marketplace inChina, today announced that it plans to release its first quarter 2020 unaudited financial results before the U.S. market opens onThursday, July 2, 202...
Autohome Inc. Announces Board Changes
BEIJING, June 24, 2020 /PRNewswire/ -- Autohome Inc. ("Autohome" or the "Company") (NYSE: ATHM), the leading online destination for automobile consumers in China, today announced that Dr.Jing Xiao has been appointed as a director on the board of directors of the Company (the "Board") and a member...
China sees increased demand for personal vehicles and commitment to new energy vehicles, finds KPMG report
HONG KONG, June 24, 2020 /PRNewswire/ -- The automotive industry in mainland China has seen an increase in demand for personal vehicles, and an extension in subsidies for electric vehicles, in part due to the ongoing COVID-19 pandemic, according to KPMG analysis. In addition, the sector is expect...
Fourth-generation Kia Carnival revealed
SEOUL, South Korea, June 24, 2020 /PRNewswire/ -- Kia Motors Corporation has revealed first images of the new Kia Carnival, the fourth generation of the brand's flagship minivan. Released in Korean specification, the new Kia Carnival – sold in many markets worldwide as the Kia Sedona – has been d...
China Automotive Systems Reports 2020 First Quarter Results
WUHAN, China, June 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2020. First Quarter 2020 Hig...
Cango Inc. Announces Change to Board of Directors
SHANGHAI, June 22, 2020 /PRNewswire/ -- Cango Inc. ("Cango" or the "Company") (NYSE: CANG), a leading automotive transaction service platform inChina, today announced that Ms.Yun Ye has tendered her resignation as a director of the Company for personal reasons. Her resignation was effective as of...
Xinhua Silk Road: FAW Commercial Vehicles recruits distributors in 35 countries worldwide
BEIJING, June 22, 2020 /PRNewswire/ -- China FAW Commercial Vehicles, branch of FAW Group Co., a state-owned leading automaker based in northeastChina's Jilin Province, is recruiting distributors in 35 countries worldwide. The target countries include Vietnam, Laos, Malaysia in South Asia, and Co...
Microvast high performance ultrafast-charging batteries equipped to pure electric buses for the leading Indian OEMs
HUZHOU, China, June 22, 2020 /PRNewswire/ -- India-based JBM Group will partner with Microvast, a Chinese provider of fast-charging battery power systems, to produce pure electric buses. The 9 and 12-meter electric buses come equipped with fast-charging batteries from Microvast and can run for...
GAC MOTOR's GS5 and GN6 to be launched in Saudi Arabia, Expanding Its Presence in the Middle East
RIYADH, Saudi Arabia, June 19, 2020 /PRNewswire/ -- GAC MOTOR is set to launch its two highly anticipanted models, the GS5 and the GN6, inSaudi Arabia on June 25th. The GS5, a luxury SUV, has attracted much attention for its smooth handling and superior power. As a versatile MPV, GN6's large and ...
Hyundai NEXO Fuel Cell Electric Vehicle fleet arrives in Australia
* 20 zero-emissions NEXO hydrogen powered vehicles have landed in Australia, ready to be deployed into the ACT Government fleet * Australia's first publicly-available hydrogen refuelling station will open inCanberra in Q3 2020, in conjunction with the official launch of NEXO * NEXO has a ran...
Next-generation Kia Carnival to debut this summer
SEOUL, South Korea, June 18, 2020 /PRNewswire/ -- Kia Motors Corporation has hinted at the design of the brand's fourth-generation Carnival flagship minivan today. Released in Korean specification, the all-new Carnival – sold in many markets worldwide as the Kia Sedona – will appeal to progressiv...
Geek+ announces final closing of over USD$200 million Series C funding round
BEIJING, June 18, 2020 /PRNewswire/ -- Geek+, a global provider of advanced robotics for logistics, announces it closed its Series C funding round at over USD$200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a USD$150 million B ser...
Quantron AG Implements Fuel Cell Trucks in Europe
The Energon is the first in Quantron's upcoming fuel cell product range. Production is scheduled to start in mid-2022. AUGSBURG, Germany, June 17, 2020 /PRNewswire/ -- Quantron AG active in the field of hydrogen since its foundation Quantron AG has been working on hydrogen propulsion for commerc...
Cohesio Group to bring Silicon Valley's Fetch Robotics solutions to Australia and New Zealand region
MELBOURNE, Australia and SAN JOSE, Calif., June 12, 2020 /PRNewswire/ -- Technology solutions provider Cohesio Group (Körber Supply Chain) has announced it has formed a partnership with autonomous mobile robot (AMR) provider, Fetch Robotics. The two leading providers will collaborate to help reta...
SKF Invests Further SEK 400 Million in Ball Bearing Manufacturing in China
GOTHENBURG, Sweden, June 17, 2020 /PRNewswire/ -- SKF is making further investments in strengthening its manufacturing footprint inChina for ball bearings. The investment is in-line with the Group's region-for-region manufacturing strategy. The Group announced a SEK 370 million investment in a n...
Fisker Commits to Global Leadership in Measuring and Reporting on Environmental, Social and Governance Practices
-Designer and manufacturer of the world's most sustainable vehicle – the Fisker Ocean all-electric luxury SUV – has committed to "ESG" practices across the business -From an ethical and greener supply chain, a diverse board of directors to executive compensation transparency, the company is doub...
China Yuchai International Limited Notice of Annual General Meeting
SINGAPORE, June 16, 2020 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that the Annual General Meeting (the "Meeting") of the Company will be held on Friday, July 17, 2020 at 8:00 a.m., Eastern Daylight Time. In light of the coronavirus, or COVID-19, outbreak and to support the health and safety of our ...
Renren Announces Appointment of Acting Chief Financial Officer and Change in Board of Directors
BEIJING, June 16, 2020 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business inChina through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) ("Kaixin") as well as several U.S.-based SaaS businesses, today announced that Ms.Yi ...
No Safety without Security: AUTOCRYPT to Showcase at Shanghai AutoCS 2020
SHANGHAI, June 16, 2020 /PRNewswire/ -- AUTOCRYPT Co., Ltd. will be exhibiting
at this year'sAutomotive Cybersecurity (AutoCS)
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