Category: Newswire

Allison Transmission Acquires Walker Die Casting

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today that it has acquired the assets and certain liabilities of Walker Die Casting located in Lewisburg, Tennessee and C&R Tool and Engineering located in Muscle Shoals, Alabama. “We are delighted to announce the acquisitions of… Continue reading Allison Transmission Acquires Walker Die Casting

Chengdu motor show features abundance of new launches

The ongoing annual Chengdu Motor Show running from Sep 5 to 14 attracts more than 130 automakers from China and overseas to showcase their latest models and products.With a Tce 270 four-cylinder turbocharged engine, the model has a maximum output of 115 kW and a top torque of 270 Nm.The car features Ford’s latest Co-Pilot 360 intelligent driving assistance system to provide an advanced intelligent driving experience.

Daimler Trucks begins testing automated trucks on public roads

The deployment on public roads takes place after months of extensive testing and safety validation on a closed loop track. As part of the comprehensive safety process by Daimler Trucks and Torc Robotics, both test track and on-road validation play an integral role in establishing the essential building blocks for successfully advancing automated technology. Martin… Continue reading Daimler Trucks begins testing automated trucks on public roads

Beyond Next Ventures and DENSO Establish a New Company “OPExPARK” for Medical IoT

KARIYA, Japan, Sept. 6, 2019 /PRNewswire/ — Beyond Next Ventures Inc. and DENSO Corporation today announced that they have established OPExPARK Inc., a carve-out*1 to develop the businesses utilizing OPeLiNK®*2. OPExPARK will develop and sell systems that integrate information from surgery equipment, produce educational content for physicians, and offer distribution services. Beyond Next Ventures, which… Continue reading Beyond Next Ventures and DENSO Establish a New Company “OPExPARK” for Medical IoT

MG Hector bookings might start again in October

There is a piece of good news for those of you who have been waiting for the MG Hector bookings to reopen.The SUV comes in with two engine options — 1.5-litre turbocharged intercooled petrol and 2.0-litre turbocharged diesel.MG Hector boasts of an impressive design having features like bold front grille with surrounding chrome accent, split LED headlamps, LED DRLs, LED fog lamps, LED tail lamps, LED fog lamps, dual-tone machined alloys, shark fin antenna, floating light turn indicators and heated ORVM.

Mazda Sollers to boost engine production to 20,000 in 2020, says Russian industry minister

VLADIVOSTOK, September 6. /TASS/. Mazda Sollers plans an increase in engine manufacturing to 20,000 units in 2020, Russia's Industry and Trade Minister Denis Manturov told TASS on the sidelines of the Eastern Economic Forum on Friday.
“In 2020, Mazda Sollers plans to increase production to 20,000 engines per year,” he said.
Mass production of SkyActiv-G engines at Mazda Sollers plant in Vladivostok was launched in June 2019. All engines produced there will be exported to Japan to Mazda automobile plants. The first batch of engines was produced in August.
“Meanwhile, Mazda cars with engines produced in Vladivostok will be supplied to all international markets where the brand is present. That means we can speak about direct export to third countries,” the minister noted.
All of the pilot batch engines successfully completed specialized tests and were declared to fully correspond to all of Mazda's international quality standards, he added.

German electric delivery van StreetScooter to enter Chinese market

BERLIN, Sept. 6 (Xinhua) — German producer for electric light commercial vehicles (eLCV) StreetScooter and Chinese automobile manufacturer Chery Holding Group on Friday signed a memorandum of understanding (MoU) to begin production in China.
Mass production of the electric delivery vans by StreetScooter, a subsidiary of Germany's Deutsche Post, is scheduled to begin in 2021 with production capacities of up to 100,000 electric vehicles per year.
“This production and sales agreement is a major milestone in our company's, as yet, short history,” said Joerg Sommer, CEO of the German StreetScooter GmbH that was only founded in 2010.
According to Deutsche Post, the cooperation also includes establishing a joint venture.
Yin Tongyue, chairman of Chery Holding Group, stressed the strategic importance for both companies. “The strong cooperation between Chery and StreetScooter will create opportunities for both parties to explore the global market, especially in the EU and China.”
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