MMNA’s flagship vehicle, the all-new 2022 Outlander, continued to lead the brand’s sales success for the quarter, with 13,065 total vehicles sold, a 218.2% year-over-year increase. Q1 2022 also represented the best-ever retail-only quarter for the nameplate since launch in 2002. Meanwhile, on the strength of its best-ever retail sales month in March, sales of… Continue reading Mitsubishi Motors Reports Strong First Quarter Sales Led By Record Sales Of All-New Outlander
Author: PR Newswire Online News
Toyota Motor North America Reports March, First Quarter 2022 US Sales
Sales of electrified vehicles represent nearly 26 percent of total sales for the first quarter Number one seller of electrified vehicles for the 89th consecutive quarter 18 electrified Toyota and Lexus vehicle options, with three more available by summer 2022 PLANO, Texas, April 1, 2022 /PRNewswire/ — Toyota Motor North America (TMNA) today reported March… Continue reading Toyota Motor North America Reports March, First Quarter 2022 US Sales
Hyundai Motor America Reports Record-Breaking Q1 2022 Retail Sales
“The first quarter was an all-time retail sales record for Hyundai as we focused on meeting the tremendous consumer demand despite ongoing inventory challenges,” said Randy Parker, senior vice president, national sales, Hyundai Motor America. “We outperformed the industry in Q1 and substantially increased our retail market share.” March Results Hyundai sold 59,380 units in… Continue reading Hyundai Motor America Reports Record-Breaking Q1 2022 Retail Sales
BorgWarner Completes Acquisition of Santroll’s Light Vehicle eMotor Business
Expected to strengthen electric propulsion systems leadership Complementary, market leading vertical integration capabilities AUBURN HILLS, Mich., April 1, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. The acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth… Continue reading BorgWarner Completes Acquisition of Santroll’s Light Vehicle eMotor Business
Meritor Announces Standard Position Agreement with Extreme Trailers, LLC
TROY, Mich., March 31, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced a new standard position agreement with Extreme Trailers, LLC. Under the three-year agreement, Meritor will supply MTA™ and MTA-Tec6™ suspensions with our latest generation EX+™ LS single piston air disc brakes, as well as the Meritor Tire Inflation System (MTIS™). “Extreme Trailers was… Continue reading Meritor Announces Standard Position Agreement with Extreme Trailers, LLC
Alumobility Expands Leadership Team, Names Thomas Rudlaff as Managing Director
“I am thrilled to join Alumobility at a time of tremendous opportunity for the automotive and aluminum industries,” said Thomas Rudlaff, Managing Director, Alumobility. “As automakers continue the transition to electric vehicles, aluminum is the material of choice for lightweighting, allowing vehicles to be more efficient for consumers, and our planet. I look forward to… Continue reading Alumobility Expands Leadership Team, Names Thomas Rudlaff as Managing Director
General Motors Names Belcan a 2021 Supplier of the Year
CINCINNATI, March 31, 2022 /PRNewswire/ — Belcan, LLC (“Belcan”), a global supplier of digital engineering, design, software, supply chain, and IT solutions to customers in the aerospace, defense, space, automotive, industrial, and government sectors, announced today that it has been recognized by General Motors as a 2021 Supplier of the Year. GM celebrated honorees at… Continue reading General Motors Names Belcan a 2021 Supplier of the Year
Tenneco’s Innovative Passive Damping Technology to Debut on Premium Sedan
The MCx valving architecture elevates the performance and tunability of passive dampers. It offers best-in-class comfort and handling as well as an exceptional tuning range for passenger vehicles. Integrated with Monroe OE Solutions® monotube dampers, the new valve features independent, parallel flow paths that accommodate all piston velocities allowing customers to tune the optimal compromise… Continue reading Tenneco’s Innovative Passive Damping Technology to Debut on Premium Sedan
Innoviz Announces Filing of Annual Report on Form 20-F
TEL AVIV, Israel, March 30, 2022 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ), a leading provider of high-performance LiDAR sensors and perception software, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission. The Annual Report on Form 20-F can… Continue reading Innoviz Announces Filing of Annual Report on Form 20-F
GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK
AKRON, Ohio, March 30, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio. Nova Labs is the pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network. The… Continue reading GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK