FREMONT, Calif., April 16, 2020 (GLOBE NEWSWIRE) — Pony.ai, an autonomous driving technology company, announces today that it is partnering with Yamibuy, an e-commerce platform based in Los Angeles, to provide an autonomous and contactless last-mile delivery service to customers in Irvine, California. The new delivery service will provide much-needed additional capacity to address the… Continue reading Pony.ai Launches Autonomous Delivery Service to Address Heightened Demand During COVID-19
Category: Newswire
Toyota North America Announces Executive Changes
PLANO, Texas, April 17, 2020 /PRNewswire/ — Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) announced executive changes that further strengthen the companies’ leadership in key areas. Holly Walters, president and chief executive officer of Toyota Financial Savings Bank (TFSB) is promoted to chief information officer and group vice president of information systems for… Continue reading Toyota North America Announces Executive Changes
Burgess Norton Selected by Tenneco to Supply Powertrain Components
GENEVA, Ill., April 16, 2020 /PRNewswire/ — Burgess Norton (BN) announced today that the company has reached agreement with Tenneco Inc. to provide its full range of piston pin technology and bearing surface finish solutions for the Tenneco Powertrain Business Group. Tenneco is a world leader in gasoline and diesel engine piston technologies. “This agreement is… Continue reading Burgess Norton Selected by Tenneco to Supply Powertrain Components
Kongsberg Automotive – Updated Investor Presentation
Wed, Apr 15, 2020 21:26 CET Kongsberg Automotive ASA has in connection with the announced Extraordinary General Meeting to be held 30 April 2020 for inter alia approval of proposals for an increase of the share capital by directed placement, a convertible loan and a subsequent “repair” emission of shares prepared an Investor Presentation. The… Continue reading Kongsberg Automotive – Updated Investor Presentation
Bentley extends UK production shutdown by three weeks over coronavirus
Carmaker Bentley said on Thursday it was extending its plant shutdown by three weeks and would begin limited production on May 11 with full output due to resume a week later, as coronavirus lockdown measures remain in place in Britain.
Grammer confirms preliminary figures for 2019 and expects a significant slowdown in 2020
Grammer confirms preliminary figures for 2019 and expects a significant slowdown in 2020 -Positive revenue development in both segments based on a strong first half of 2019-Group revenue of 2.04 billion euros and operating EBIT totaling 77 million euros-Production stops at customers in the automotive and commercial vehicle segments requiring capacity adjustments at Grammer plants… Continue reading Grammer confirms preliminary figures for 2019 and expects a significant slowdown in 2020
FCA Releases 2019 Sustainability Report Highlighting Environmental, Social and Economic Initiatives
FCA works to manage the societal and environmental impacts of its activities and products and to develop innovative solutions to reduce its total environmental footprint. The Company embraces its operational responsibility to contribute to the relevant Sustainable Development Goals (SDGs) supporting the United Nations 2030 Agenda. In 2019, the Company further reduced its environmental footprint… Continue reading FCA Releases 2019 Sustainability Report Highlighting Environmental, Social and Economic Initiatives
German carmaker BMW orders 5,000 robots from automation specialist KUKA
BERLIN, April 15 (Xinhua) — German robotics maker KUKA announced on Wednesday that car manufacturer BMW has ordered 5,000 robots for its production lines and factories.
The industrial robots would be used primarily in car body manufacturing at international plants of BMW, according to KUKA.
For more than 40 years, BMW had been using KUKA's automation technology.
“We are delighted by the successful continuation of this partnership,” said Peter Mohnen, chief executive officer (CEO) of KUKA.
For 2020, KUKA is expecting a challenging market environment that would be worsened by the COVID-19 pandemic.
“The pandemic is presenting society and the economy with entirely new challenges,” said Mohnen when presenting the 2019 results in March.
The Chinese MIDEA Group, having completed the takeover of KUKA in 2017, controls 94.55 percent of its shares.
Ford Is Testing Buzzing Wristbands to Keep Workers Apart
A dozen Ford Motor Co. workers are experimenting with wearable social-distancing devices that could be deployed more widely once the carmaker reopens idled manufacturing plants.
Aston Martin extends manufacturing suspensions by a week over coronavirus
LONDON, April 15 (Reuters) – Aston Martin is extending by a week the manufacturing suspensions in place at its two car factories, ahead of the arrival of its crucial first sport utility vehicle, whilst lockdown measures to combat coronavirus continue.
The luxury automaker, which secured fresh investment earlier this year after struggling since a stock market flotation in late 2018, is banking on the DBX model to drive sales in a new segment, appealing more to female buyers.
On March 30, the company said the vehicle was on time for first deliveries to dealers in the summer “dependent on production and supply chains returning as currently anticipated” with its sites then due to open on April 20.
“Considering the current global and local position on suppliers and employees, the business is now extending this temporary suspension until Monday 27 April, subject to ongoing review of the changing circumstances,” it said in a statement on Wednesday.
“The business will look to resume operations..