VAN BUREN TOWNSHIP, Mich., Jan. 16, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized an additional share repurchase program of up to $500 million of common stock to be executed through 2020, reflecting the company’s strong balance sheet and free cash flow generation. Visteon expects to fund… Continue reading Visteon Announces New $500 Million Share Repurchase Authorization
Author: PR Newswire Online News
Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions
DETROIT, Jan. 15, 2018 /PRNewswire/ – Automakers now have a radar option that leapfrogs the competition as Magna unveiled its ICON RADAR at the North American International Auto Show (NAIAS). Setting a new standard in high-resolution automotive radar, ICON RADAR incorporates advanced technology used by the U.S. military to provide precise detection, extensive range and high… Continue reading Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions
Shell Acquires Interest in Silicon Ranch Corporation
NASHVILLE, Tenn., Jan. 15, 2018 /PRNewswire/ — Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, announced today that it has signed an agreement to make Shell its largest shareholder. As part of the agreement, Shell will acquire a 43.83% interest in Silicon Ranch from Partners Group, the global private markets… Continue reading Shell Acquires Interest in Silicon Ranch Corporation
Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
DETROIT, Jan. 15, 2018 /PRNewswire/ — Like molten metal being forged into a fine Japanese sword, the lines of the Lexus LF-1 Limitless concept have the potential to shape the future of a flagship luxury crossover for Lexus. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit.… Continue reading Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
DETROIT, Jan. 15, 2018 /PRNewswire/ — Nexteer Automotive today introduced Digital Trace™ Manufacturing, one of the most advanced, holistic, integrative approaches to design and manufacturing systems ever seen in the auto industry. The system uses the latest technologies and data analytics within one common, global architecture. For customers, this will help deliver high-quality product performance while… Continue reading Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
Adient’s AI18 concept vehicle showcases the future of automotive seating
DETROIT, Jan. 15, 2018 /PRNewswire/ — Adient (NYSE: ADNT), the largest global automotive seating supplier, will demonstrate how new forms of mobility affect vehicle interiors with its AI18 concept vehicle at the 2018 North American International Auto Show (NAIAS). The innovative new concept was developed based on the findings of Adient’s proprietary studies of automotive customers’… Continue reading Adient’s AI18 concept vehicle showcases the future of automotive seating
HELLA presents autonomous driving solutions for enhanced connectivity, efficiency and individualization at NAIAS
PLYMOUTH, Mich., Jan. 15, 2018 /PRNewswire/ — At the 2018 North American International Auto Show (NAIAS), the lighting and electronics expert HELLA will display its latest technologies that not only enable higher levels of autonomous driving, but also allow OEMs and drivers the freedom to create more customized vehicles. The company will showcase its multifunctional SHAKE… Continue reading HELLA presents autonomous driving solutions for enhanced connectivity, efficiency and individualization at NAIAS
HELLA showcases emerging mobility solutions at AutoMobili-D
PLYMOUTH, Mich., Jan. 15, 2018 /PRNewswire/ — Lighting and electronics expert HELLA will give attendees at the 2018 North American International Auto Show (NAIAS) the opportunity to personally experience its innovative solutions shaping the future of mobility. For the first year, the company will have a demo vehicle at AutoMobili-D equipped with many of its… Continue reading HELLA showcases emerging mobility solutions at AutoMobili-D
Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
DETROIT, Jan. 14, 2018 /PRNewswire/ — “Steve McQueen is a legend. And Bullitt is a legend as well as the famous dark green Ford Mustang he drifted through San Francisco,” said Martin C. Klein, head of Recaro Automotive Seating. “Recaro is a perfect fit and we are honored to deliver our equally legendary performance seats for… Continue reading Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
What If Hawaii’s Accidental Alarm Had Been an Accidental Launch, Asks Physicians for Civil Defense
TUCSON, Ariz., Jan. 14, 2018 /PRNewswire-USNewswire/ — At 8:07 a.m. on Saturday, Jan 13, citizens in Hawaii received a mobile alert: “Ballistic missile threat inbound to Hawaii, seek immediate shelter. This is not a drill,” according to The Hill. The Hawaii Emergency Management Agency (EMA) sent out another message 38 minutes later calling the initial… Continue reading What If Hawaii’s Accidental Alarm Had Been an Accidental Launch, Asks Physicians for Civil Defense