DENSO Adds New Part Numbers to Expand its Line of Ignition Coils

LONG BEACH, Calif., Feb. 25, 2020 /PRNewswire/ — DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has expanded its line of aftermarket ignition coils. DENSO now offers four new coil-on-plug (COP) part numbers that extend its coverage to 2012-2018 Honda and Acura models. “Ignition coils are designed and manufactured for… Continue reading DENSO Adds New Part Numbers to Expand its Line of Ignition Coils

Meritor Announces Drivetrain on Demand

TROY, Mich., Feb. 24, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced the launch of Drivetrain on Demand that offers simplified ordering processes for U.S. and Canadian customers requiring fast replacement of driveshaft and differential assemblies. “By streamlining the ordering process and shipping the product within 24 hours, Drivetrain on Demand helps get vehicles in truck-down… Continue reading Meritor Announces Drivetrain on Demand

Lucid Motors Announces Partnership with LG Chem that Secures Battery Cells for Long-Term Volume Production of the Lucid Air

Full production of the Lucid Air is expected to start in late 2020 in Lucid’s new state-of-the-art factory in Casa Grande, AZ, with LG Chem battery cells exclusively powering standard versions of this luxury EV through 2023. The advanced battery cells provided by LG Chem effectively allow Lucid to lock in core volume production forecasts… Continue reading Lucid Motors Announces Partnership with LG Chem that Secures Battery Cells for Long-Term Volume Production of the Lucid Air

Autoliv Publishes 2019 Annual Report on Form 10-K and Sustainability Report

STOCKHOLM, Feb. 21, 2020 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has today filed its 2019 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC).  The Form 10-K is available at the SEC Edgar website: www.sec.gov and on Autoliv’s corporate website autoliv.com. Autoliv also… Continue reading Autoliv Publishes 2019 Annual Report on Form 10-K and Sustainability Report

Veoneer Publishes 2019 Annual Report on Form 10-K

STOCKHOLM, Feb. 21, 2020 /PRNewswire/ — Veoneer, a world-wide leader in autotech, has filed its 2019 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The 2019 Annual Report on Form 10-K is available at the SEC Edgar website: www.sec.gov and on Veoneer’s web site veoneer.com. The information regarding publication of our… Continue reading Veoneer Publishes 2019 Annual Report on Form 10-K

Lear Announces Pricing of $650 Million Senior Notes Offering

SOUTHFIELD, Mich., Feb. 20, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced today that it priced an underwritten public offering of $350 million in aggregate principal amount of 3.50% senior unsecured notes due 2030 and an additional offering of $300 million in aggregate principal amount of… Continue reading Lear Announces Pricing of $650 Million Senior Notes Offering

Daimler optimizes decision-making processes and streamlines organizational structure

STUTTGART, Germany, Feb. 20, 2020 /PRNewswire/ —  The Board of Directors and the Supervisory Board of Daimler AG and Mercedes-Benz AG optimize Mercedes-Benz Cars’ development, operation and finance area by realigning the Company’s organizational structure. This reorganization will take effect on April 1, 2020. The position of Product Strategy and Steering will be created for… Continue reading Daimler optimizes decision-making processes and streamlines organizational structure

Workhorse Group to Unveil New C650 Electric Step Van at NTEA Work Truck Show

The Company’s new C650  and C1000 step vans will set a new standard in design and efficiency for the last-mile delivery segment with its 650 cubic foot and 1000 cubic foot vehicles both weighing approximately 12,500 lbs. when fully loaded. Through a lightweight, composite, monocoque construction method, Workhorse has significantly decreased their vehicles’ curb weights when… Continue reading Workhorse Group to Unveil New C650 Electric Step Van at NTEA Work Truck Show

Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

STUTTGART, Germany, Feb. 19, 2020 /PRNewswire/ — Daimler AG proposes Timotheus Höttges for election to the company’s Supervisory Board. On the basis of a recommendation by the Nomination Committee, the Supervisory Board of Daimler AG has decided to propose to the Annual General Meeting that Timotheus Höttges be elected to the Supervisory Board as a member… Continue reading Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

Lucid Motors Rounds Out Leadership Team with Michael Smuts and Michael Carter

As Lucid’s Vice President of Finance, Michael Smuts oversees the company’s accounting and finance activities. Before joining Lucid, Smuts spent 25 years in key finance management roles at Ford Motor Company — including serving as Chief Financial Officer for Ford’s operations in Southeast Asia and as the company’s Global Director of Cost Optimization.  Michael Carter… Continue reading Lucid Motors Rounds Out Leadership Team with Michael Smuts and Michael Carter