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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...
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...
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.
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
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...
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...
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...
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 ...
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.
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...
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...
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...
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...
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...
ASAM's OpenSCENARIO 2.0 Concepts Demonstrated Using Foretellix M-SDL
TEL AVIV, Israel, April 23, 2020 /PRNewswire/ -- Foretellix
RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo
NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent
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...
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...
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...
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 ...
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