Auto & Transportation
Leadership Transition at IFCO Group
MUNICH, April 8, 2020 /PRNewswire/ -- The Advisory Committee of IFCO Group announced today that as part of a long-planned succession process,Wolfgang Orgeldinger will retire as CEO of IFCO Group and Michael Pooley has been appointed as new CEO of IFCO Group. Mr. Pooley will take over the respons...
TuanChe Limited to Report Fourth Quarter and Full Year 2019 Financial Results on April 15, 2020
BEIJING, April 8, 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 fourth quarter and full year 2019 unaudited financial results before the U.S. market opens onWednes...
HNA's Africa World Airlines helps the Ghanaian government in the fight against COVID-19
BEIJING, April 8, 2020 /PRNewswire/ -- With the spread of COVID-19 worldwide, Africa, the continent with the largest concentration of developing countries, faces severe challenges in terms of funding and shortages of material and equipment needed for epidemic prevention and control. HNA Group's A...
Dachser builds on its growth driver
KEMPTEN, Germany, April 8, 2020 /PRNewswire/ -- Even as the global economy becomes increasingly weaker, Dachser was able to continue growing in 2019. The logistics provider increased its consolidated net revenue by a solid 1.6 percent toEUR 5.66 billion. Driving this growth was again the Road Log...
Freudenberg strengthens future viability with strong investment in China
SHANGHAI, April 8, 2020 /PRNewswire/ -- Freudenberg, the global technology group, performed well in the 2019 financial year, in spite of the difficult economic and geopolitical market environment. AtCNY 73.1 billion (or €9,467.8 million), sales in 2019 were at about the same level as in 2018 (€9,...
Quantron AG Becomes Importer of CATL in Europe
AUGSBURG, Germany, April 7, 2020 /PRNewswire/ -- The trend towards electric vehicles is steadily growing. The Augsburg-based company and CATL (Contemporary Amperex Technology Co. Limited) concluded a comprehensive trade and service agreement: Quantron is from now on an authorized distributor and ...
Record-Breaking Global Mobility Grounded by COVID-19 Pandemic
LONDON, April 7, 2020 /PRNewswire/ -- With global travel almost at a
standstill, the latest results of theHenley Passport Index
ASTRI sets up joint innovation lab with railway operator for smarter railway
HONG KONG, April 7, 2020 /PRNewswire/ -- The Hong Kong Applied Science and Technology Research Institute (ASTRI) has kicked off a significant initiative that will see the railway system inHong Kong become smarter and safer. ASTRI will explore innovations that will apply its award-winning technolo...
GA-ASI Flies SkyGuardian in SO CAL NAS as Part of NASA Demonstration
Partnership Demonstrates Safety and Utility of Unmanned Aircraft for Commercial Uses SAN DIEGO, April 7, 2020 /PRNewswire/ -- On April 3, General Atomics Aeronautical Systems, Inc. (GA‑ASI) flew its SkyGuardian Remotely Piloted Aircraft (RPA) in the skies aboveSouthern California as part of a jo...
Cyient to Partner with Hitachi Rail to Accelerate Signaling Technology Deployment
HYDERABAD, India, April 6, 2020 /PRNewswire/ -- Cyient, a global engineering and technology solutions company, today announced that it had signed an agreement withHitachi Rail to deliver a series of project engineering services to supportHitachi Rail accelerate the evolution of its signaling tech...
Autohome Inc. Files Its Annual Report on Form 20-F
BEIJING, April 3, 2020 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), a leading online destination for automobile consumers in China, today announced it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2019 with the Securities and Exchange Comm...
New South Wales Rural Fire Service Awards 412 Fleet Operation & Maintenance to Coulson Aviation PTY
BANKSTOWN, Australia, April 4, 2020 /PRNewswire/ -- New South Wales Rural Fire
Service (NSW RFS) has awarded the operation and maintenance of their recently
acquired 412 fleet, as part of an existing 10-year contract with Coulson
Aviation PTY.
Another China-made Bridge Accessible in Norway
CHENGDU, China, April 3, 2020 /PRNewswire/ -- On April 2 local time, the Norwegian Beitstad Bridge was officially opened to traffic. Beitstad Bridge over the Beitstad strait of the municipality of Steinkjer, Trondelag county in centralNorway, was constructed by Sichuan Road and Bridge Group (SRBG...
Invitation to Autoliv's Q1 2020 Earnings Call
STOCKHOLM, April 3, 2020 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the first quarter 2020 onFriday, April 24, at 12:00 CEST ( 11:00 am BST, 06:00 am EDT). The report will be available at http://www.autoliv.com/ In addition, a teleconference will take place the same d...
China Yuchai International to Pay US$0.85 Per Share Cash Dividend for FY2019
SINGAPORE, April 3, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that a cash dividend ofUS$0.85 per ordinary share for the year ended December 31, 2019 has been declared by its Board of Directors. The cash dividend will be p...
Automobili Lamborghini starts production of surgical masks and medical shields for use in Coronavirus pandemic
SANT'AGATA BOLOGNESE, Itlay, April 3, 2020 /PRNewswire/ -- Automobili Lamborghini is converting departments of its super sports car production plant in Sant'Agata Bolognese in order to produce surgical masks and protective plexiglass shields. The masks will be donated to the Sant'Orsola-Malpighi...
Specialty Chemical Company China XD Plastics Provides Update on Impact of Coronavirus Outbreak
HARBIN, China, April 2, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applica...
Online B2B Matchmaking System is Coming to CIBS
SHANGHAI, April 2, 2020 /PRNewswire/ -- After considering the effects caused by COVID-19, CIBS is preparing to launch a new online B2B matchmaking tool that will enable both suppliers and overseas buyers to maintain and/or further develop their supply chain. Co-organized by Shanghai Sinoexpo Inf...
Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principl...
Underwriters Laboratories publishes autonomous vehicle Standard
NORTHBROOK, lllinois, April 1, 2020 /PRNewswire/ -- Underwriters Laboratories announced today that it publishedUL 4600, the Standard for Safety for the Evaluation of Autonomous Products - its first Standard addressing autonomous vehicles and other applications. The Standard's scope includes safe...
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