2020 has been an extremely complex year due to the COVID-19 pandemic. Ducati, putting the safety of its employees first, immediately adopted all the necessary preventive measures (remote working and production stop of six weeks right at the peak of the season), reacting in a fast and flexible way to the changes imposed by the… Continue reading Ducati Records Best Third Quarter Ever Despite Complex Global Situation
Author: PR Newswire Online News
FlashParking Announces Expansion of Mobility Ecosystem
AUSTIN, Texas, Oct. 30, 2020 /PRNewswire/ — FlashParking, the leader in mobility hub technology, announces today the expansion of their ecosystem with key mobility services that maximize parking asset utilization and enhance the consumer experience. By teaming with Bird, the pioneer in shared electric scooters, and EVBox, a global manufacturer of electric vehicle charging stations, FlashParking… Continue reading FlashParking Announces Expansion of Mobility Ecosystem
Lear Reports Third Quarter 2020 Results and Provides Full Year 2020 Outlook
SOUTHFIELD, Mich., Oct. 30, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2020 and provided its financial outlook for the full year 2020. Third Quarter 2020 Highlights Sales of $4.9 billion, compared to $4.8 billion in the third quarter of 2019… Continue reading Lear Reports Third Quarter 2020 Results and Provides Full Year 2020 Outlook
Volvo Group and Isuzu Motors sign final agreements to form strategic alliance
GÖTEBORG, Sweden, Oct. 30, 2020 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed binding agreements to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing industry transformation, in accordance with the Memorandum of Understanding signed in December 2019. The agreements include Isuzu Motor’s acquisition of UD… Continue reading Volvo Group and Isuzu Motors sign final agreements to form strategic alliance
Stoneridge Reports Strong Third-Quarter 2020 Results
NOVI, Mich., Oct. 28, 2020 /PRNewswire/ — 2020 Third-Quarter Results Earnings per diluted share (“EPS”) of $0.25 Adjusted EPS of $0.18 Sales of $175.8 million Gross profit of $46.0 million Adjusted gross profit of $46.7 million (26.5% of sales) Operating income of $9.8 million Adjusted operating income of $8.2 million (4.7% of sales) Adjusted… Continue reading Stoneridge Reports Strong Third-Quarter 2020 Results
Announcing The Hennessey VelociRaptor V8 Bronco
The 2021 Bronco may be one of the most highly desired vehicles since the introduction of the Ford GT. Tweet this “Over the past two years we have built over 70 Gen 2 Ford Raptors for our customers by removing the EcoBoost V6 and replacing it with the same 750 HP supercharged 5.0 V8. I wanted… Continue reading Announcing The Hennessey VelociRaptor V8 Bronco
Applied Intuition raises $125M Series C from existing investors Lux Capital, Andreessen Horowitz, and General Catalyst
Simulation and associated infrastructure are critical to the advancement of autonomous technology. Autonomous vehicle programs use Applied Intuition’s software toolset to validate and verify the safety, comfort, and functionalities of their vehicles. Applied Intuition was founded in 2017 with a mission to make it faster, safer, and easier to bring autonomy to the market. As… Continue reading Applied Intuition raises $125M Series C from existing investors Lux Capital, Andreessen Horowitz, and General Catalyst
Shyft Auto, The Contactless Vehicle Service Software for Automotive Repair Shops and Consumers, Just Launched on Republic.co
WINSTON – SALEM, N.C., Oct. 27, 2020 /PRNewswire/ — Shyft Auto announces the launch of a Republic crowdfunding campaign to help connect consumers to automotive service facilities for contactless service experiences. Consumers can connect with automotive service facilities (ASF) through a mobile iOS, Android, or web-based application. Consumers can schedule an appointment, schedule pickup and… Continue reading Shyft Auto, The Contactless Vehicle Service Software for Automotive Repair Shops and Consumers, Just Launched on Republic.co
Triton-EV Debuts 100% Electric Full-Service 18-Wheeler Semi Truck
“We decided to go for it,” explained Himanshu Patel, Founder and CEO of Triton-EV. “Everyone was saying, ‘No, it can’t be done. It will take five years and a hundred million dollars.’ We thought, no, we can do it right now. We have the people and the components. The whole effort took 35 days. That’s… Continue reading Triton-EV Debuts 100% Electric Full-Service 18-Wheeler Semi Truck
ATLIS Motor Vehicles Files For Six New Patents To Bring 500 Mile Range Electric Work Truck To Market
MESA, Ariz., Oct. 26, 2020 /PRNewswire/ — ATLIS Motor Vehicles (AMV), a start-up mobility technology company developing an electric work truck, and the batteries and motors to drive it, has filed six new provisional patents for protection of key technology related to its 100% electric XP vehicle platform and XT pickup truck. The new patent applications… Continue reading ATLIS Motor Vehicles Files For Six New Patents To Bring 500 Mile Range Electric Work Truck To Market