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XCMG Jumps up to Global Top Four on KHL's Yellow Table 2020 Continuing to Lead Chinese OEM Firms

XUZHOU, China, May 20, 2020 /PRNewswire/ -- With revenue of USD 11.162 billion, XCMG (SHE: 000425) has moved up to 4th place in the ranking of the world's top 50 construction equipment manufacturer, according to the Yellow Table 2020 released by British publisher KHL Group. XCMG once again leads t...

2020-05-20 02:33 7792

XCMG Machineries Completes Several World-Record Level Construction Projects

* 4,000-ton XGC88000 Crawler Crane Lifts the Largest EO/EG Wash Tower in the World * 2,000-ton XGC28000 Hoisted Asia's Largest Single-caliber, Fully Mobile Antenn XUZHOU, China, May 15, 2020 /PRNewswire/ -- XGC88000, the 4,000-ton crawler crane of XCMG (SHE: 000425), has set a new world recor...

2020-05-15 19:47 6156

TUV Rheinland Certifies Taiwan's First Outdoor e-Parking System at Nantou Service Area

TAIPEI, May 15, 2020 /PRNewswire/ -- Whenever there is a surge in weekend or holiday traffic, it means heavy demand for parking at highway rest areas. People can often be seen circling endlessly in the parking lots for a parking space, wasting time and money. Sometimes, individuals will stop to r...

2020-05-15 12:51 5066

VisIC Partners With ZF for Next Generation EV Inverters

- Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology - VisIC's D3GaN technology, with lowest losses per Rdson combined with ZF's highly efficient EV driveline systems extend the range of electric cars and reduce its system cost NES ZIONA, Israel a...

2020-05-14 16:00 3493

Virtual pitching competition with 20 Swiss startups puts innovation center stage

SHANGHAI, May 14, 2020 /PRNewswire/ -- Following Switzerland's record-performance at CESASIA 2019 winning 6 CES Innovation Awards, SwissTech will be taking the stage again inAsia this 10 June – virtually! SwissTech Pitchinar 2020 is to be joined by 20 leading Swiss startups in the fields of Heal...

2020-05-14 13:18 4600

Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

TURIN, Italy, May 13, 2020 /PRNewswire/ -- Pininfarina's 90th anniversary celebrations focus on the value that have guided it since its foundation: designing the future. Pininfarina’s responsive User Experience for the...

2020-05-13 22:00 2915

Polyplastics Launches New DURACON(R) POM Grade with Improved Diesel Fuel Resistance for Auto Fuel Components

TOKYO, May 13, 2020 /PRNewswire/ -- The Polyplastics Group has announced the introduction of a new DURACON(R) polyoxymethylene (POM) grade which delivers improved diesel fuel resistance for the production of injection-molded automotive fuel system components. The new material complements Polyplas...

2020-05-13 14:00 3146

Enterprise Holdings Car Rental Brands Implement Complete Clean Pledge; Rolling Out New Innovative Rental Processes

ST. LOUIS, May 11, 2020 /PRNewswire/ -- Enterprise Holdings is reinforcing its commitment to maintaining the highest standards of cleanliness in the car rental industry. Today, the company announced the implementation of its Complete Clean Pledge program across theEnterprise Rent-A-Car, National ...

2020-05-11 21:00 2076

Most affordable car insurance in 2020 is Budget Direct Insurance, says independent study

SINGAPORE, May 11, 2020 /PRNewswire/ -- An independent study conducted by a consumer research firm showed thatBudget Direct Insurance  offers one of the most competitive deals on car insurance inSingapore. In 2020, ValueChampion named the Budget Direct Comprehen...

2020-05-11 08:15 4845

Grand Slam in the DMS Mid-level Segment - Decisive Nominations Won

STOCKHOLM, May 8, 2020 /PRNewswire/ -- January - March 2020 * Net sales totaled SEK 17,712 (11,670) thousand which corresponds to an increase of 52 %. * Operating loss totaled SEK -21,986 (-22,227) thousand, operating costs are significantly higher than last year and reflect the investments ...

2020-05-08 20:56 10337

Autoliv Announces Results of Annual General Meeting

STOCKHOLM, May 8, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb),the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held today. Annual General Meeting of Stockholders The Company's 2020 Annual General Meeti...

2020-05-08 04:08 7263

Axalta Upgrades Color Matching System at Its High Performance Coatings Business in Emerging Regions

SHAH ALAM, Malaysia, May 7, 2020 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today launched an upgraded color matching system at its High Performance Coatings (HPC) refinish business located inSoutheast Asia. The upgraded software platform incorpo...

2020-05-07 17:02 8864

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 6731

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 7004

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 4191

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 2914

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 4648

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 3286

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
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