Deere to acquire leading manufacturer of carbon fiber technology products

MOLINE, Ill., March 2, 2018 /PRNewswire/ — Deere & Company (NYSE: DE) has signed a definitive agreement to acquire King Agro, a privately-held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina. “This transaction provides John Deere customers the chance to benefit further from King Agro’s unique… Continue reading Deere to acquire leading manufacturer of carbon fiber technology products

Porsche Reports February 2018 Sales

ATLANTA, March 1, 2018 /PRNewswire/ — Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan, today announced February 2018 retail sales of 4,382 vehicles, up 20.5 percent from February 2017. Year-to-date, Porsche recorded sales of 9,198, an 11.6 percent increase over the same period… Continue reading Porsche Reports February 2018 Sales

Subaru of America, Inc. Announces February Sales

CHERRY HILL, N.J., March 1, 2018 /PRNewswire/ — Best February ever – monthly sales increase 3.8 percent over February 2017 75 consecutive months of yearly month-over-month growth Best February ever for Crosstrek and Outback 48 consecutive months of more than 10,000 Outbacks sold 55 consecutive months of more than 10,000 Foresters sold Subaru of America,… Continue reading Subaru of America, Inc. Announces February Sales

Toyota Motor North America Reports February 2018 Sales

PLANO, Texas, March 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported February 2018 sales of 182,195 vehicles, an increase of 4.5 percent from February 2017 on a volume basis. With the same amount of selling days in February 2018 compared to February 2017, sales were up 4.5 percent on a daily selling rate… Continue reading Toyota Motor North America Reports February 2018 Sales

Allstate and Uber Team Up to Protect Riders and Drivers as Ridesharing Expands

NORTHBROOK, Ill., March 1, 2018 /PRNewswire/ — The right insurance protection is key, whether you’re a ridesharing passenger catching a ride or a driver using your car to offer rides. Allstate is partnering with Uber Technologies, Inc. to protect drivers and passengers by providing commercial auto coverage in Illinois, New Jersey and Wisconsin beginning March 1.… Continue reading Allstate and Uber Team Up to Protect Riders and Drivers as Ridesharing Expands

Group 1 Automotive Appoints UK Operating Leader

HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations.   Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader

Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany

Largest order ever for fuel cell buses in Europe Indicative of growing European interest in fuel cells for use in heavy duty transportation applications VANCOUVER and KONINGSHOOIKT, Belgium, Feb. 28, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced it has received a Letter of Intent (“LOI”) from Van Hool NV (“Van… Continue reading Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany

FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding

MILPITAS, Calif., Feb. 27, 2018 /PRNewswire/ — FleetUp, the premier provider of ELD/HOS compliance solutions for intelligent fleet management, today announced the completion of $20 million in funding led by HUMAX (KOSDAQ listed $1.5B Revenue). In a strategic effort to drive FleetUp’s aggressive business expansion, HUMAX placed its corporate chief strategy officer and president of HUMAX Americas… Continue reading FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding

Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami

ANN ARBOR, Mich., Feb. 27, 2018 /PRNewswire/ — Domino’s Pizza (NYSE: DPZ), the recognized world leader in pizza delivery and digital ordering platforms, is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of… Continue reading Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami

Pony.ai Launches Autonomous Vehicle Fleet in China, Announces Strategic Partnership with Top OEM Guangzhou Automobile Group

FREMONT, Calif., Feb. 27, 2018 /PRNewswire/ — Earlier this month, Pony.ai held a special event in China during which it launched its autonomous ride-sharing fleet, becoming the first company to offer self-driving car rides on city roads to the general public in China. Event attendees were able to experience Pony.ai’s fully self-driving cars on a 2.8km… Continue reading Pony.ai Launches Autonomous Vehicle Fleet in China, Announces Strategic Partnership with Top OEM Guangzhou Automobile Group