CHICAGO, Nov. 6, 2019 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (“Cars.com” or the “Company”), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2019. Q3 Financial Highlights Revenue of $152.1 million, down $17.2 million, or 10%, year-over-year, in line with expectations Non-cash… Continue reading Cars.com Reports Third Quarter 2019 Results
Category: Newswire
Bristol leads the way in driving out diesel cars
…Bristol has become the first British city to approve a total ban on diesel cars as part of an effort to drastically improve air quality. The ban, which is due to come into effect in March 2021, would…
Aston Martin reveals price of DBX luuxury SUV off-roader
Aston Martin reveals price of DBX luuxury SUV off-roader The Telegraph | Nov 6, 2019 at 12:01 AM Aston Martin’s first SUV model, the DBX, will be priced from £158,000 when it goes on sale in 2020, the company has revealed.
Hyundai Autron Selects BlackBerry QNX to Power Next-Generation ADAS and Autonomous Driving Software Platform
WATERLOO, Ontario and SEOUL, South Korea, Nov. 5, 2019 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Hyundai Autron has selected BlackBerry QNX to power its next-generation advanced driver-assistance systems (ADAS) and autonomous driving software platform. Hyundai Autron, a subsidiary of South Korea’s largest automobile manufacturer Hyundai Motor Group, is a leading research and development… Continue reading Hyundai Autron Selects BlackBerry QNX to Power Next-Generation ADAS and Autonomous Driving Software Platform
Dana Prices $300 Million in Senior Notes Offering
MAUMEE, Ohio, Nov. 5, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its previously announced offering of senior unsecured notes of $300 million at 5.375% due 2027. The company intends to use the net proceeds from the offering, together with cash on hand, to purchase in the company’s previously… Continue reading Dana Prices $300 Million in Senior Notes Offering
Lamborghini’s long shot mission to take its super fast cars into the electric age
Amborghini doesn’t just make supercars, it invented them.It’s an insane sounding technological long shot, but this technology could dramatically change the world of high performance cars — if this team of university scientists and auto company engineers can figure it out.Lamborghini’s sister brand Volkswagen — both companies are owned by the Volkswagen Group (VLKAF) — recently set a lap record for an electric car on Germany’s challenging Nurburgring race track with its ID.R electric race car.
Autonomous Race Car Competition To Take Place at Indianapolis Motor Speedway in 2021
Landmark autonomous race to take place at Indianapolis Motor Speedway in 2021. IMS, Energy Systems Network, Dallara Automobili and Clemson University join forces to power competition featuring $1 million prize. Five universities already registered to form race teams and enter the event. The birthplace of motorsports innovation soon will be home to a historic, trailblazing… Continue reading Autonomous Race Car Competition To Take Place at Indianapolis Motor Speedway in 2021
Vietnam Punishes Volkswagen for Car With Disputed China Map
Vietnam will fine Volkswagen AG’s local distributor and an importer for showcasing a car with a navigation app reflecting Chinese territorial claims rejected by Hanoi.
Kia’s Futuron Concept proposes an illuminating new design for an electric SUV coupe
With a design based around the notion of dynamic purity, the Futuron Concept merges elegant proportions with pure shapes and surfaces. Its lightweight SUV coupe body incorporates a fully-electric all-wheel drive powertrain, wrapped in bold yet modern exterior surfaces, and with a flexible, high-tech interior. The Futuron makes its public debut today at the 2019… Continue reading Kia’s Futuron Concept proposes an illuminating new design for an electric SUV coupe
German carmaker Audi to ramp up engine output in Hungary in 2020 -minister
BUDAPEST, Nov 4 (Reuters) – German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018, Hungarian Foreign Minister Peter Szijjarto said on Monday.