FARMINGTON HILLS, Mich., July 27, 2021 /PRNewswire/ — A major new technology company with ambitious growth and environmental goals entered the automotive marketplace in 2021. Hitachi Astemo was created on January 1, 2021, from the merger of Hitachi Automotive Systems with three former Honda affiliates: Nissin Kogyo, Keihin and Showa. Hitachi Ltd. owns a 66.6 percent… Continue reading Hitachi Astemo: New Global Leader In Automotive Mobility Technology
Category: Official Press Release
The McLaren 765LT Spider: extreme performance and new heights of driver engagement from McLaren’s most powerful-ever convertible supercar
Renowned worldwide for the exclusive, luxury, high-performance supercars on which it has built its reputation over the past decade, McLaren Automotive today reveals another landmark model: the 765LT Spider. Complementing the 765LT ‘Longtail’ coupe unveiled last year – all of which are sold – the new Spider is McLaren’s most powerful-ever convertible supercar and brings… Continue reading The McLaren 765LT Spider: extreme performance and new heights of driver engagement from McLaren’s most powerful-ever convertible supercar
World NM: Chinese Truck-Maker Says Unpaid Stake Sale of German Auto Brand Sinks Earnings001398
Beiqi Foton Motor Co. Ltd. (600166.SH) said its gross profit for the first half of this year stood at 554 million yuan ($85 million), but that the figure would have been a little over 1 billion yuan if the company not still embroiled in “Borgward-related matters,” referring to the sale of a 67% stake in… Continue reading World NM: Chinese Truck-Maker Says Unpaid Stake Sale of German Auto Brand Sinks Earnings001398
ParkMobile Names Jeff Perkins as CEO
Perkins joined ParkMobile in 2017 as Chief Marketing Officer. In 2020 he took on additional responsibilities for the Product Management organization. Under his leadership, Perkins has helped the company grow from 8 million to over 25 million users over the past four years and vastly expand its product capabilities. “On behalf of the Board of… Continue reading ParkMobile Names Jeff Perkins as CEO
Johnson Matthey drives world-leading fuel cell performance, increasing power density by 20%
– A significant step forward for fuel cell technology – Yet another example of JM delivering fuel cell components capable of meeting the most challenging automotive performance targets LONDON, July 27, 2021 /PRNewswire/ — Johnson Matthey (JM), as part of leading European consortium GAIA, has helped deliver a fuel cell power density of 1.8 W/cm2… Continue reading Johnson Matthey drives world-leading fuel cell performance, increasing power density by 20%
Toyota Tsusho and Cybellum Join Forces to Provide Automated Cyber Risk Assessment for Japanese Automotive Manufacturers
TEL AVIV, Israel and TOKYO, July 27, 2021 /PRNewswire/ — Toyota Tsusho, the global business corporation and a prominent member of Toyota group, and Cybellum, the leading Automotive Cybersecurity Risk Assessment solution provider, today announced they had entered into a partnership. The goal is to support Japanese automotive OEMs and suppliers in their race to become… Continue reading Toyota Tsusho and Cybellum Join Forces to Provide Automated Cyber Risk Assessment for Japanese Automotive Manufacturers
Press release – H1 2021 Results
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it… Continue reading Press release – H1 2021 Results
Valeo and Omega Seiki join hands to accelerate two and three wheelers electrification in India
Valeo Group | 2 Jul, 2021 | 3 min Valeo, the world leader in automotive electrification technology, and Omega Seiki Mobility (OSM), part of Anglian Omega Group, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains for OSM Vehicle Range. Valeo will provide its 48V electric powertrain system (reducer,… Continue reading Valeo and Omega Seiki join hands to accelerate two and three wheelers electrification in India
GAC MOTOR Brand Values | Quality, Durability, Reliability, and Connection
Since its inception, GAC MOTOR has been committed to building cars of the highest quality. As of 2020, the GAC Group has applied for over 8000 patents and taken part in hundreds of science and technology projects. This emphasis on research means that GAC MOTOR vehicle technology is some of the highest quality technology in… Continue reading GAC MOTOR Brand Values | Quality, Durability, Reliability, and Connection
@Hyundai: Kia announces 2Q 2021 business results
2Q global sales totaled 754,117 units from 516,050 units a year earlier 2Q revenue at KRW 18.34 trillion vs KRW 11.37 trillion 2Q operating profit at KRW 1.49 trillion; net profit KRW 1.34 trillion Operating profit margin stood at 8.1% in 2Q Kia to continue build sales momentum with new models, including the recently unveiled… Continue reading @Hyundai: Kia announces 2Q 2021 business results