Developed for frontline healthcare workers and individuals in the community with high risk for infection, such as soup kitchens, nursing homes and other essential organizations, these masks will contribute to the fight against the contagion as ZF shifts production of some of its normal automotive safety products to this now critically needed item. “The world… Continue reading ZF Partners with Detroit Sewn to Manufacture 100,000 Face Masks for Community
Author: PR Newswire Online News
Bridgestone Americas Announces Restart of Commercial Tire and Diversified Products Operations in North America
NASHVILLE, Tenn., April 8, 2020 /PRNewswire/ — Bridgestone Americas (Bridgestone) has announced plans to restart its North American commercial tire plants as well as its North American Firestone Industrial Products and Firestone Building Products manufacturing facilities on April 13. The company’s start-up plans reflect the performance trend in several key areas of its commercial and diversified products… Continue reading Bridgestone Americas Announces Restart of Commercial Tire and Diversified Products Operations in North America
Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principle that Veoneer will integrate and operate the current… Continue reading Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
Nexteer Reports 2019 Financial Results
AUBURN HILLS, Mich., March 29, 2020 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2019. The Company’s 2019 financial results were impacted by various environmental challenges including lower OEM light vehicle production across all regions, led by a decline in China, a GM-UAW labor strike in North America interrupting vehicle… Continue reading Nexteer Reports 2019 Financial Results
BYD’s New Blade Battery Set to Redefine EV Safety Standards
BYD highlighted a video of the Blade Battery successfully passing a nail penetration test, which is seen as the most rigorous way to test the thermal runaway of batteries due to its sheer difficulty. “In terms of battery safety and energy density, BYD’s Blade Battery has obvious advantages,” said Professor Ouyang Minggao, Member of the… Continue reading BYD’s New Blade Battery Set to Redefine EV Safety Standards
Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ
LOS ANGELES, March 27, 2020 /PRNewswire/ — Wunder Mobility announced today that it has acquired the technology and talent of Australia-based car-sharing and rental technology provider, KEAZ. KEAZ’s technology allows companies ranging from rental agencies, car dealerships and corporates to provide users with shared access to vehicles via a customized mobile application and powerful back-office management… Continue reading Wunder Mobility Acquires Leading Car Rental Technology Provider KEAZ
New Czinger 21C Interiors Feature Alcantara
Designers at Alcantara, the “Made in Italy” lifestyle brand based in Milan, worked with Czinger’s development team to create a range of cutting-edge applications for Alcantara’s lightweight and sustainable materials (100% Carbon Neutral since 2009) to customize the hypercar’s interior. A limited production run of just 80 hand-made 21C vehicles will take place in Los… Continue reading New Czinger 21C Interiors Feature Alcantara
CarMD Announces Early Test Results from Repair Shops Using PRO SCAN Vehicle Inspection Solution Find 80% of Cars and Trucks Need Repairs
IRVINE, Calif., March 25, 2020 /PRNewswire/ — CarMD.com Corporation, a leading provider of automotive diagnostic information and business solutions, today announced the test results from the first year of repair shop use of its CarMD PRO SCAN inspection solution. Of the more than 5,000 vehicles scanned by automotive repair shops that were early adopters and pilot… Continue reading CarMD Announces Early Test Results from Repair Shops Using PRO SCAN Vehicle Inspection Solution Find 80% of Cars and Trucks Need Repairs
The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020
HELSINKI, March 20, 2020 /PRNewswire/ — The world-wide pandemic and related regulations and restrictions will cause considerable changes in the operating environment of Kamux Corporation (“Company”). According to the Company’s estimate, the changes will decrease the volume of its business and profitability in 2020, and it is not likely that the Company will be able… Continue reading The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020
AB Volvo’s Board of Directors Withdraws Proposal of Extra Dividend, Maintains Ordinary Dividend
GÖTEBORG, Sweden, March 19, 2020 /PRNewswire/ — In light of the general uncertainty and the measures taken to slow down the spread of Covid19 and their effects on the Volvo Group, the Board of Directors of AB Volvo has decided to maintain the proposal to the Annual General Meeting on April 8, 2020 of an… Continue reading AB Volvo’s Board of Directors Withdraws Proposal of Extra Dividend, Maintains Ordinary Dividend