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Veoneer Begins Production of Technology Suite for Polestar 2

STOCKHOLM, May 6, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), launches its state-of-the-art suite of collision mitigation technology on the new fully electric Polestar 2.   Veoneer begins production of its advanced sensing technology and sof...

2020-05-06 15:02 6730

Frost & Sullivan Assesses Impact of Autonomous Cars and EVs on Test & Measurement Market

ADAS testing is estimated to experience the most growth, totaling $659.9 million by 2025 SANTA CLARA, California, May 6, 2020 /PRNewswire/ -- As the global automotive industry experiences a slump in sales from traditional automobiles, the sector is focusing on the development of autonomous cars a...

2020-05-06 00:34 2135

XCMG's 200,000th Wheeled Crane Rolls-off the Production Line

XUZHOU, China, April 29, 2020 /PRNewswire/ -- XCMG (SHE: 000425) has documented a historical moment as its 200,000th wheeled crane formally rolled off the production line in Xuzhou,China. The company reached the second 100,000 production goal in just one decade.

2020-04-29 11:54 7003

Digital insurance business, EasyCompare, highlights challenges faced by car owners when buying car insurance in humorous new video campaign

BANGKOK, April 29, 2020 /PRNewswire/ -- Digital insurance comparison and broker service provider EasyCompare  has launched a digital campaign that highlights how Thai vehicle owners feel about buying car insurance. 

2020-04-29 11:02 4190

Be inspired for Machine Vision's Development and Application at CIOE 2020

SHENZHEN, China, April 29, 2020 /PRNewswire/ -- "Made in China 2025" mentioned that to change from a manufacturing power to a manufacturing powerhouse, intelligent manufacturing will be one important direction. As intelligent manufacturing become the tipping point, the essential enabling technolo...

2020-04-29 09:53 2911

Cango Inc. Filed Its Annual Report on Form 20-F

SHANGHAI, April 27, 2020 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2019 with the Securities and Exchange Commiss...

2020-04-28 04:30 3848

Bitauto Files Its Annual Report on Form 20-F

BEIJING, April 27, 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 it filed its annual report on Form 20-F for the fi...

2020-04-27 18:55 4193

With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe

NINGDE, China, April 27, 2020 /PRNewswire/ -- Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL)(300750.SZ ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product ...

2020-04-27 16:45 3751

Propelling Total Health Program, XCMG Calls for Sustainable Career Development at World Day for Safety and Health at Work

XUZHOU, China, April 27, 2020 /PRNewswire/ -- XCMG (SHE:000425) launches the first global health initiative, the Total Health Program (THP), as a response to increasing health risk challenges and supporting employees and partners worldwide to a live healthy, better lifestyle.

2020-04-27 16:00 4646

TI Fluid Systems to Support Ford Motor Company and 3M in Production of Air Purifying Respirators in Response to COVID-19

AUBURN HILLS, Mich., April 24, 2020 /PRNewswire/ -- TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced a collaboration with Ford Motor Company and3M to produce air flex tube assemblies for powered air-purifying respiratory systems (PAPR) in respon...

2020-04-24 20:10 3279

AutoLiv: Financial Report January - March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ --  Q1 2020: Perhaps, the end of the beginning Financial highlights Q1 2020 $1,846m net sales 13% organic sales decline* 7.3% operating margin 7.4% adj. operating margin* $0.86 EPS - a decrease of 32% $0.88 adj. EPS* - a decrease of 27% Full year 2020 indic...

2020-04-24 18:47 6148

Veoneer: Financial Report January - March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...

2020-04-24 17:54 7219

Veoneer to Focus on Core Electronics Business

STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...

2020-04-24 06:17 8257

Cango Inc. Declares Special Cash Dividend

SHANGHAI, April 23, 2020 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that its Board of Directors has approved and declared a special cash dividend ofUS$0.125 per ordinary share (or US$0.25 per Amer...

2020-04-23 19:00 7275

ASAM's OpenSCENARIO 2.0 Concepts Demonstrated Using Foretellix M-SDL

TEL AVIV, Israel, April 23, 2020 /PRNewswire/ -- Foretellix , an Israeli based start-up with a mission to enable measurable safety of advanced driver assistance systems (ADAS) & autonomous vehicles (AVs), today announced that its Open M-SDL language concepts are inclu...

2020-04-23 09:00 3178

RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo

NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent , the world's leading research, advisory and consulting firm focused on financial services technology, has namedRattanIndia Finance  as the winner of The Celent Model Bank Award 2020  for ...

2020-04-22 16:22 4434

Kona Electric recognized as one of the greatest EVs on sale in TopGear Electric Awards

* Kona Electric named Best Small Family Car in magazine's first Electric Awards * European road trip covers 1,600 kilometers and 9 countries in under 24 hours – busting the myth that you cannot travel far in an electric car SEOUL, South Korea, OFFENBACH, Germany and LONDON, April 22, 2020 /PR...

2020-04-22 16:00 5732

KPMG China launches the third KPMG China Leading AutoTech 50 report

HONG KONG, April 21, 2020 /PRNewswire/ -- China's automotive industry is entering a phase rapid adjustment. In a constantly changing market environment, new technologies and models are triggering profound transformation in the structure and ecology of this sector, according to KPMG's third annual...

2020-04-21 17:41 3213

AUTOCRYPT Shortlisted for 2020 TU-Automotive Award - Automotive Tech Company of the Year

DETROIT, April 20, 2020 /PRNewswire/ -- AUTOCRYPT, an all-in-one mobility security solutions company for connected vehicles, was announced as a finalist for the 2020 TU-Automotive Award for the second consecutive year. TU-Automotive represents the entire automotive technology ecosystem with leadi...

2020-04-20 14:00 1949

TVS Motor Company completes acquisition of Norton

SINGAPORE, April 20, 2020 /PRNewswire/ -- TVS Motor Company, a reputed manufacturer of two-wheelers and three- wheelers in the world, yesterday announced the successful acquisition ofBritain's most iconic sporting motorcycle, "Norton", in an all-cash deal for a consideration ofGBP16 million ...

2020-04-20 13:13 2806
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