Category: Official Press Release

Allison Transmission Announces First Quarter 2019 Results

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the first quarter of $675 million, a 2 percent increase from the same period in 2018. The increase in net sales was principally driven by higher demand in the North America On-Highway and Outside… Continue reading Allison Transmission Announces First Quarter 2019 Results

Magna Continues to Expand in Morocco With New Mirrors Facility

Greenfield manufacturing plant being built in Kenitra, Morocco$11.3 million investment, 275 jobsStrategic growth to further support customers in the regionAURORA, Ontario, April 23, 2019 (GLOBE NEWSWIRE) — As the auto industry continues to develop in Morocco, Magna also continues to expand its footprint in the country. The company recently broke ground on construction of a… Continue reading Magna Continues to Expand in Morocco With New Mirrors Facility

Motorists Remain Loyal to Engine Type

Andreas Wolf, head of Continental Powertrain: Conservative attitudes must be considered when it comes to electric mobility When it comes to choosing the engine type for their next car, motorists tend to stick to what they know. According to the 2018 Continental Mobility Study, three out of four motorists in Japan would choose the same… Continue reading Motorists Remain Loyal to Engine Type

Autoliv appoints Christian Swahn as EVP Global Supply Chain Management and member of the Executive Management Team

Contacts

Autoliv

Klarabergsviadukten 70, section B7

111 64 STOCKHOLM
+46 (0)8 587 206 00

+46 (0)8 411 70 25

http://www.autoliv.com

Stina Thorman

Acting VP Corporate Communications

+46 (0)8 587 206 50

+46 (0) 709 578 150

https://www.autoliv.com

stina.thorman.external@autoliv.com

Tower International to Announce First Quarter 2019 Financial Results

Tower International to Announce First Quarter 2019 Financial Results

LIVONIA, Mich., April 22, 2019 /PRNewswire/ — Tower International, Inc. (NYSE: TOWR), a leading manufacturer of engineered automotive structural metal components and assemblies, will report first quarter 2019 financial results before the market opens on Thursday, May 2, 2019, via PR Newswire. At 1:00 p.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters.

To participate in the conference call:

Domestic calls: (866) 393-4576

International calls: (706) 679-1462

Tower will provide a broadcast of the conference call for the general public via a live audio webcast. The conference call, along with the financial results release, presentation material and other supplemental information, can be accessed through Tower's Web site at www.towerinternational.com.

The audio replay will be available two hours following the call at:

Domestic calls: (855) 859-2056

International calls: (404) 537-3406

The audio replay will be available until June 1, 2019 (Conference I.D. 1508207).

Investor & Media Contact:
Derek Fiebig
(248) 675-6457
fiebig.derek@towerinternational.com

View original content:http://www.prnewswire.com/news-releases/tower-international-to-announce-first-quarter-2019-financial-results-300835718.html

SOURCE Tower International

For its 25 years, Communauto accelerates its growth

New territories covered, close to 300 new vehicles and Auto-mobile becomes FLEX

MONTREAL, April 11, 2019 – Communauto, the most important carsharing service in Canada and the largest operator in Montreal, is celebrating its 25th anniversary in 2019. The company is starting this year strong with new vehicles and by expanding its service territory:

The free-floating Auto-mobile fleet will increase by 23% (+135 vehicles) in Montreal. With more than 720 hybrid and electric vehicles, Communauto continues to be the most important operator of this type of service in Montreal. 150 vehicles will be added to the stations to meet the “with reservation” demand; the more “traditional” component of Communauto will increase to 1,300 vehicles in Quebec, including more than 1,000 in Montreal. The Auto-mobile service area will expand to the Ville Saint-Laurent and LaSalle boroughs which will bring the total number of boroughs covered to 14 (on 19).New stations will increase the accessibility of the service in several sectors of the metropolitan area:6 new stations (+31%) will be added to the existing 19 in the Ahuntsic – Cartierville boroughThe service will be reinforced in Pointe-aux-Trembles, Rosemont – La Petite-Patrie boroughs and in the Griffintown and Mercier-Est areas.Stations will appear for the first time in the City of Côte-Saint-Luc.The new Corolla 2020 (gas and hybrid) will appear in the Communauto station-based fleet.

Other important changes, the Auto-mobile service gets a makeover with a new visual identity and will now be called FLEX.

“FLEX as in FLEXIBLE” says Benoit Robert, founder and CEO of Communauto. “While Communauto develops its presence in the other Canadian provinces, we do not fail to improve our offer in the communities where we were born. After 25 years, we continue to be leaders in the communities we serve in Canada, but we are especially proud to be able to say that our mission has always remained the same: to build mobility offers aimed at reducing dependence on the private car.”

ABOUT COMMUNAUTO

Founded in Quebec City in 1994, Communauto is the longest-running carsharing service in North America and the one serving the largest number of communities in Canada. With a fleet of close to 3,000 vehicles, the company serves 13 Canadian cities (Edmonton, Waterloo Region, Hamilton, London, Guelph, Kingston, Ottawa, Gatineau, Montréal/Laval/ Longueuil, Quebec City/Lévis, Sherbrooke, Halifax) and Paris in France. The Communauto group operates gas, hybrids and electric cars and offers both round-trip and free-floating carsharing.

For more information: Marco Viviani, VP strategic development, Communauto, 1 514 499 2804, mviviani@communauto.ca

Forbes Learns how AEye Teaches Autonomous Vehicles to Perceive Like a Human

AEye asks: “What is the best way to deliver artificial perception for robotic and autonomous vehicles?” “In Teaching An Autonomous Car To Perceive Like A Human,” Forbes learns that it involves mimicking the advanced processes of the human visual cortex. “Intelligence begins with how you collect data,” says AEye President, Blair LaCorte, “[and] iDAR captures and processes environmental data – just as the human visual cortex does.”

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Forbes Learns how AEye Teaches Autonomous Vehicles to Perceive Like a Human — The Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketAEye’s iDAR Leverages Biomimicry to Enable First Solid State Lidar with 100Hz Scan RateDeconstructing Two Conventional LiDAR MetricsAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AutoSens Names AEye Most Exciting Start-Up in the Automotive Imaging SectorAEye Adds VP of AI and Software to Executive TeamForbes Features AEye’s iDAR 1000 Meter Detection Range and 100 HZ Scan Rate Achievement