Category: Official Press Release

Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’… Continue reading Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future

Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions, is pleased to announce the delivery of the first Allison FracTranTM transmissions to multiple industry partners. Allison’s FracTran is an all-new Oil Field SeriesTM transmission designed from-the-ground-up to meet the unique demands of the hydraulic fracturing industry and represents an incremental… Continue reading Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Nine Months Ended December 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

TOKYO, Feb. 9, 2022 /PRNewswire/ — Despite some unfavorable factors such as a decrease in automobile unit sales due to the supply shortage of certain parts including semiconductors and an increase in raw material cost, consolidated operating profit for the fiscal nine months amounted to 671.6 billion yen, a year-on-year increase by 224.6 billion yen,… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Nine Months Ended December 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

AAM Invests in Autotech Ventures, Will Leverage Access to New Mobility Opportunities

DETROIT, Feb. 9, 2022 /PRNewswire/ — American Axle & Manufacturing is committing $15 million to Autotech Ventures in a partnership that will provide access to new opportunities that complement AAM’s mission to develop and produce the industry’s most efficient and powerful electric drivelines. Autotech Ventures is an early-stage Silicon Valley venture capital firm focused on tech… Continue reading AAM Invests in Autotech Ventures, Will Leverage Access to New Mobility Opportunities

@Ford: Ford GT Alan Mann Heritage Edition Celebrates Experimental GT Race Car Prototypes from 1966 at Chicago Auto Show

2022 Ford GT Alan Mann Heritage Edition pays tribute to Alan Mann Racing’s lightweight 1966 Ford GT experimental race cars Limited-edition livery features Alan Mann Racing’s signature red and gold exterior with contemporary touches of exposed carbon fiber and Frozen White accents Ford GT Alan Mann Heritage Edition will be on display at the 2022… Continue reading @Ford: Ford GT Alan Mann Heritage Edition Celebrates Experimental GT Race Car Prototypes from 1966 at Chicago Auto Show

@Honda: We announced financial results for FY22 3Q

FY2015 Financial Results Presentation (Amendment)[PDF : 794KB] * Summary of consolidated financial results for the fiscal year ended March 31, 2015, released on April 28, 2015, recognizing the effects of subsequent events. Please refer to the underlined items of the attached documents for details of the amendment. Go to Source

project44 Announces Expansion in Japan

“As we continue our international expansion, Japan was a priority,” said Jett McCandless, Founder and CEO of project44, “Japan is a crossroads for transcontinental trade. With our ocean insights, we already have insight into Japanese shipping operations, and it was only natural to expand our presence in the country.”  #1 in Supply Chain Visibility Throughout… Continue reading project44 Announces Expansion in Japan

Bosch off-highway surround sensing system receives “Systems & Components Trophy – Engineers’ Choice” award from the DLG

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch off-highway surround sensing system receives “Systems & Components Trophy – Engineers’ Choice” award from the DLG