ZF Completes WABCO Acquisition

Signalling the start of WABCO’s integration into ZF, the acquisition unites two industry leaders behind a shared vision to create a customer-focused powerhouse to advance commercial vehicle technology. With the addition of WABCO, ZF’s focus will be on expanding its commercial vehicle service portfolio and on operating customer business. “The combination of these two successful… Continue reading ZF Completes WABCO Acquisition

Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation

STOCKHOLM, May 29, 2020 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic. April virtually at a standstill in Europe and Americas Slow and volatile restart and ramp-up creates efficiency challenges… Continue reading Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation

Titanium Mobility App Paves the New Way in Car Rental

“Our new whitelabel app is a promise for a better future in car rental,” says Martin Kallasmaa, Car Rental Gateway’s Commercial Director. “It makes renting a car contactless and gives customers the freedom to go anywhere they need to without any hassle. This is exactly the solution that the market needs right now—flexible, efficient, and smart.… Continue reading Titanium Mobility App Paves the New Way in Car Rental

Karma Automotive Begins Prototype Testing For Supercar-Capable E-Flex Platform

Equipped with Karma’s racing-inspired E-Flex platform suitable for both road and track day applications, the AWD performance prototype aims to achieve 1,100 HP. A combination of attributes including 10,500 lb-ft (14,000 Nm) wheel torque, electronic torque vectoring and front and rear mounted dual electric motors will generate superior power and handling for the test vehicle.… Continue reading Karma Automotive Begins Prototype Testing For Supercar-Capable E-Flex Platform

Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course

MILTON, Ga., May 21, 2020 /PRNewswire/ — Exide Technologies (“Exide” or the “Company”), a global provider of stored energy solutions, today announced that customary first day motions to help facilitate continued operations in the ordinary course of business while the Company operates in Chapter 11 were approved by Judge Christopher S. Sontchi of the U.S.… Continue reading Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course

Shouqi Limousine & Chauffeur, the second largest ride-hailing platform in China, has made profits in multiple cities nationwide

As a state-controlled online ride-hailing platform, Shouqi Limousine & Chauffeur ranks second in China’s chauffeur market, with a revenue of CNY 6.5 billion in 2019. According to Wei Dong, CEO of Shouqi Limousine & Chauffeur, the company has been principally engaged in corporate travel, business charter and employee overtime car services since its rollout in… Continue reading Shouqi Limousine & Chauffeur, the second largest ride-hailing platform in China, has made profits in multiple cities nationwide

Silvercar by Audi Enables Responsible Travel with Contactless Features and Services

AUSTIN, Texas, May 14, 2020 /PRNewswire/ — Finally, rental car customers are going to get what they need and what they deserve. Silvercar by Audi is helping customers prepare for the “new normal” in travel with the roll out of Contactless Rental and Delivery to You service. As part of its Responsible Travel initiative, these expanded… Continue reading Silvercar by Audi Enables Responsible Travel with Contactless Features and Services

Crave upgrades food delivery

BOISE, Idaho, May 13, 2020 /PRNewswire/ — Crave Delivery, a new entrant to the food scene, announced today the launch of our unique delivery concept. Aimed at elevating expectations in this space, Crave is a vertically-integrated platform that combines the best of remote kitchens, proprietary technology interface, and employee delivery team. Our goal is to provide… Continue reading Crave upgrades food delivery

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

AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the… Continue reading Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

Goodyear Announces Offering Of Senior Notes

AKRON, Ohio, May 13, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a public offering of $600 million aggregate principal amount of 5-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other… Continue reading Goodyear Announces Offering Of Senior Notes