Scherr will lead Hertz and its global workforce of nearly 25,000 in its continued transformation to deliver products and services to customers that meet their evolving needs. The company will execute on its core priorities of shared mobility, electrification and a digital-first customer experience by combining its expertise in fleet management with new technology and… Continue reading Hertz Names Stephen M. Scherr as Chief Executive Officer
Author: PR Newswire Online News
Bosch Announces New Automotive Workshop Franchise in the U.S.
OAK BROOK, Ill., Feb. 3, 2022 /PRNewswire/ — Bosch, a leading global supplier of technology and services, today announced that it will implement a new Bosch branded, automotive workshop franchise in the U.S. This workshop franchise will create a stronger link between the technical competence of Bosch in the OE sector and the enabling of workshops… Continue reading Bosch Announces New Automotive Workshop Franchise in the U.S.
Plasan Signed a Contract With TESS DEFENCE S.A., for the armouring of the VCR Dragon 8×8
KIBBUTZ SASA, Israel, Feb. 3, 2022 /PRNewswire/ — Plasan Sasa Ltd. (“Plasan”) announced today that it has signed a contract with TESS DEFENCE S.A., to provide its advanced armour package for the Spanish Army’s VCR Dragon 8×8 wheeled combat vehicle. Continue Reading Plasan Signed a Contract With TESS DEFENCE S.A., for the armouring of the VCR Dragon 8×8… Continue reading Plasan Signed a Contract With TESS DEFENCE S.A., for the armouring of the VCR Dragon 8×8
Husqvarna YEAR-END REPORT JANUARY – DECEMBER 2021
STOCKHOLM, Feb. 3, 2022 /PRNewswire/ — A record year Fourth quarter 2021 Net sales increased by 23% to SEK 8,234m (6,683). The organic growth was 17%, changes in exchange rates contributed with 2% and acquisitions with 4%. Operating income was SEK -132m (-944). Excluding items affecting comparability, operating income was SEK -180m (-129). Earnings per… Continue reading Husqvarna YEAR-END REPORT JANUARY – DECEMBER 2021
Meritor and PACCAR Extend Electrification Agreement
TROY, Mich., Feb. 2, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced an extension to its current PACCAR agreement to supply 14Xe™ ePowertrains and battery electric vehicle integration kits for the Class 8 Kenworth T680E, and Peterbilt 579EV tractors and 520EV refuse trucks. The integrated, modular design of the 14Xe ePowertrain, Power Controls and Accessories… Continue reading Meritor and PACCAR Extend Electrification Agreement
Meritor Announces Extension to Long-Term Standard Position Agreement with Wabash
TROY, Mich., Feb. 2, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that its long-term agreement with Wabash has been extended through December 31, 2026. The extension is Meritor’s first-ever five-year agreement with Wabash. Under the newly signed agreement, Meritor loose axles will continue to be standard equipment. Meritor Tire Inflation System (MTIS™) will remain… Continue reading Meritor Announces Extension to Long-Term Standard Position Agreement with Wabash
DENSO Reports Financials for Third Quarter of Fiscal Year, Shares Highlights Around Safety and Sustainability Efforts
KARIYA, Japan, Feb. 2, 2022 /PRNewswire/ — DENSO, a leading mobility supplier, today released its financial results for its third quarter, ending December 31, 2021, for its 2022 fiscal year, ending March 31, 2022. The company also shared updates and progress it has made to advance its Two Great Causes: Green and Peace of Mind. “Everything we are doing… Continue reading DENSO Reports Financials for Third Quarter of Fiscal Year, Shares Highlights Around Safety and Sustainability Efforts
Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety
As revealed in this video, TRI researchers successfully programmed a vehicle to autonomously drift around obstacles on a closed track — a world first. Combining a deep knowledge of both vehicle dynamics and control design, TRI’s Nonlinear Model Predictive Control (NMPC) approach extends the vehicle’s operational domain to the very limits of its performance. The… Continue reading Toyota Research Institute Pushes Vehicle’s Capabilities to Advance Active Safety
Brose North America Dually Recognized for Workplace Excellence, Winner of Two National Workplace Awards
“Brose North America’s workforce emulates our organization’s founding principles, with a collective vision for family, innovation, respect, success and team. We know our people are our greatest asset. Their resilience, endless ability to innovate and accountability have led our organization to new heights during challenging times,” said Wilm Uhlenbecker, President, Brose North America. “At Brose,… Continue reading Brose North America Dually Recognized for Workplace Excellence, Winner of Two National Workplace Awards
New Automotive Powertrain Features MVT Transmission Components Produced With Advanced Technology
SOUTHFIELD, Mich., Feb. 2, 2022 /PRNewswire/ — Amsted Automotive Group’s MVT business unit has produced the first of several highly advanced metal-formed products: transmission production parts for the all-new, highly advanced nine-speed automatic transmission for a customer with premium off-road vehicles built for the Chinese market. MVT produced five clutch carriers for the all-new automatic… Continue reading New Automotive Powertrain Features MVT Transmission Components Produced With Advanced Technology