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
Category: Automotive
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
Oscar nomination, leads Campion’s Dog Power with 12 – Ultima Ora – D1SoftballNews.com
(ANSA) – ROME, FEBRUARY 08 – Jane Campion’s western, IL POTERE DEL CANE (The Power oh the dog) with 12 nominations, including Best Picture and Best Director, leads the 2022 Oscar nominations announced today. This is followed by Denis Villeneuve’s sci-fi film DUNE with 10 nominations, Kenneth Branagh’s Irish drama BELFAST and Steven Spielberg’s adaptation… Continue reading Oscar nomination, leads Campion’s Dog Power with 12 – Ultima Ora – D1SoftballNews.com
Bosch to spend €2bn on reskilling car workers for switch to electric
Auto industry has warned 500,000 jobs could be lost under EU electrification plans Go to Source
EU outlines €43 billion plan to fix Europe’s chip shortage
The European Union has outlined an ambitious new industrial policy that aims to make the bloc a significant player in the global semiconductor industry. The European Chips Act, adopted this week by the EU Commission, bundles together €43 billion ($49 billion) in public and private funding for the sector, with an end-goal of doubling the… Continue reading EU outlines €43 billion plan to fix Europe’s chip shortage
Alfa Romeo’s new SUV comes with an NFT for some reason
The Alfa Romeo Tonale SUV is the “first car on the market” to come with an NFT digital certificate, that the Italian automaker says will increase the car’s residual value. How? Well, that’s not exactly clear, but it involves recording information from the car’s electronic system to the blockchain as proof that a car has… Continue reading Alfa Romeo’s new SUV comes with an NFT for some reason
January Fleet Sales Fall 48% Month Over Month
January 2022 fleet sales took a backseat to the retail market. Source: Cox Automotive analysis of Bobit data Manufacturers prefer the retail over fleet market for now, with sales into large fleets falling 48% month over month in January to 97,707 units, according to Cox Automotive numbers released Feb. 8. Combined sales into large rental,… Continue reading January Fleet Sales Fall 48% Month Over Month