Author: PR Newswire Online News

Mazda Reports March Sales Results

IRVINE, Calif., April 2, 2019 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total March sales of 26,934 vehicles, a decrease of 19.1 percent compared to March 2018. Year-to-date sales through March saw a decrease of 15.7 percent, with 70,833 vehicles sold. With 27 selling days in March, compared to 28 the year prior, the… Continue reading Mazda Reports March Sales Results

Toyota Motor North America Reports March 2019 Sales

PLANO, Texas, April 2, 2019 /PRNewswire/ — Toyota Motor North America (TMNA) today reported March 2019 sales of 214,947 vehicles, an increase of 0.1 percent on a daily selling rate (DSR) basis and a decrease of 3.5 percent on a volume basis versus March 2018. For the quarter, TMNA reported sales of 543,714 vehicles, a decrease… Continue reading Toyota Motor North America Reports March 2019 Sales

Lear Corporation to Acquire Xevo, a Leader in Connected Car Software and Data-Driven User Experiences

SOUTHFIELD, Mich., April 2, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today announced it has entered into a definitive agreement to acquire Seattle-based Xevo Inc., a leading automotive software supplier that develops solutions for cloud, car, and mobile devices. Xevo’s Journeyware suite of… Continue reading Lear Corporation to Acquire Xevo, a Leader in Connected Car Software and Data-Driven User Experiences

Daimler Trucks agrees to acquire majority stake in Torc Robotics to create technology powerhouse for automated trucks

Daimler Trucks, a division in the Daimler Group, the inventor of the truck and world’s largest manufacturer of heavy and medium trucks, and Torc Robotics, a pioneer in autonomous driving solutions, are joining forces in a one-of-a-kind combination to commercialize highly automated trucks (SAE Level 4) on U.S. roads. Going beyond an OEM/supplier relationship, the… Continue reading Daimler Trucks agrees to acquire majority stake in Torc Robotics to create technology powerhouse for automated trucks