Category: Newswire

Michelin: CAPITAL REDUCTION – Cancellation of 1,345,821 treasury shares

PRESS RELEASEClermont-Ferrand – December 9, 2019COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELINCAPITAL REDUCTIONCancellation of 1,345,821 treasury shares           Pursuant to the decision of the Chief Executive Officer on November 29, 2019 and the fifth and the fourteenth resolutions of the May 17, 2019 Shareholders Meeting and the fifth and the twenty-second resolutions of the May 18, 2018 Shareholders Meeting,… Continue reading Michelin: CAPITAL REDUCTION – Cancellation of 1,345,821 treasury shares

DENSO Places Emphasis on Technology that Improves On- and Off-Road Safety

SOUTHFIELD, Mich., Dec. 9, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, is developing new technologies and strengthening initiatives that improve pedestrian and overall community safety. In 2018, the number of pedestrian fatalities increased by 3.4%, reaching its highest level in nearly three decades. This statistic reinforces how vital it is for autonomous and connected… Continue reading DENSO Places Emphasis on Technology that Improves On- and Off-Road Safety

Ford workers speak out on faulty Focus and Fiesta

Seven current and former Ford employees spoke to The Detroit Free Press about what they knew about transmission problems with the Fiesta and Focus that are now at the center of a class action lawsuit.Certain Ford Fiestas and Focuses are getting extended warranties for their troubled automatic transmissions.There has been a long string of problems with the Ford transmissions.

Mercedes-Benz and Bosch start San José pilot project for automated ride-hailing service

Mercedes-Benz, Bosch, San José – partners for the future of mobilityIn mid-2017, San José was the first U.S. city to invite private companies to carry out field tests of automated driving and analyze the growing challenges in road traffic. Especially in congested city traffic, self-driving cars’ permanent 360-degree surround sensing can potentially enhance safety, and… Continue reading Mercedes-Benz and Bosch start San José pilot project for automated ride-hailing service

BlackBerry QNX Hypervisor Awarded World’s First Automotive Safety Integrity Level (ASIL) ‘D’ Certification

TüV Rheinland Certifies the QNX ® Hypervisor 2.0 for Safety with ISO 26262 Functional Safety Integrity Level (ASIL D) WATERLOO, Canada and COLOGNE, Germany, Dec. 9, 2019 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that its QNX Hypervisor 2.0 for Safety has been recognized as ISO 26262 ASIL D compliant by the independent auditors at TÜV Rheinland,… Continue reading BlackBerry QNX Hypervisor Awarded World’s First Automotive Safety Integrity Level (ASIL) ‘D’ Certification

Volvo Group Venture Capital Invests in Autotech Ventures

GÖTEBORG, Sweden, Dec. 9, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Autotech Ventures – a leading American venture capital fund focusing on start-ups in the ground transportation sector. Autotech Ventures is a venture capital firm located in Silicon Valley managing over $200 million that focuses on the $3 trillion ground transportation… Continue reading Volvo Group Venture Capital Invests in Autotech Ventures

Exclusive: China’s Dongfeng plans partial sale of PSA stake – sources

China’s Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said.Fiat Chrysler and PSA announced in October they would join forces in a 50-50 share merger to create the world’s fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.Shrinking Dongfeng’s stake could help get the deal past U.S. regulators, at a time of heightened trade tensions between Washington and Beijing.

Neuron EV Introduces Pure Electric TORQ

IRVINE, Calif., Dec. 6, 2019 /PRNewswire/ — Visionary automotive company Neuron EV has recently unveiled the Neuron EV TORQ, the firm’s electric semi-truck that sets new standards in clean energy vehicles. Sustainability The Neuron EV TORQ is a monumental leap forward in transitioning semi-trucks into the electric vehicle age. It fulfills the needs and expectations… Continue reading Neuron EV Introduces Pure Electric TORQ