Category: Newswire

GKN Automotive appoints Igor Skornik Vice President Niche Customer, Motorsport & Aftermarket (NMA)

ROESRATH, Germany, Oct. 1, 2019 /PRNewswire/ — As the result of a management change at driveline specialist GKN Automotive, Igor Skornik has joined its Niche Customer, Motorsport & Aftermarket (NMA) organization’s management team as vice president beginning in September 2019. In his new position, Skornik will report directly to Markus Bannert, COO Driveline for GKN… Continue reading GKN Automotive appoints Igor Skornik Vice President Niche Customer, Motorsport & Aftermarket (NMA)

Most Consumers Believe Self-Driving Cars Will Outperform Humans Within a Decade According to ANSYS Survey

PITTSBURGH, Oct. 1, 2019 /PRNewswire/ — Seven out of 10 consumers believe autonomous cars drive better than humans or will surpass human abilities by 2029, according to a worldwide consumer survey commissioned by ANSYS (NASDAQ: ANSS). The complete ANSYS Global Autonomous Vehicles Report, released today, uncovers varying consumer attitudes with autonomous vehicles (AVs). Continue Reading Related Documents A snapshot… Continue reading Most Consumers Believe Self-Driving Cars Will Outperform Humans Within a Decade According to ANSYS Survey

 Kandi Technologies Announces the Completion of the Equity Transfer of the JV Company

JINHUA, China, Sept. 30, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that to accelerate the growth of Kandi Electric Vehicles Group Co., Ltd (the “JV Company”), Kandi’s wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”) signed an Equity Transfer Agreement (the “Transfer Agreement”)… Continue reading  Kandi Technologies Announces the Completion of the Equity Transfer of the JV Company

Nissan to maintain Korean operations despite headwinds

Nissan Motor said Monday it will continue its operations in South Korea amid trade tensions between the two Asian neighbors, despite headwinds like a boycott of Japanese products.The Japanese carmaker’s commitment to South Korea follows market rumors that it will pull out of the market here as its sales have been hit hard by the escalating trade tensions between Seoul and Tokyo.In the January-August period, Nissan Korea sold 3,581 vehicles under the Nissan and Infiniti brands, down 27 percent from the 4,886 units it sold in the same period a year earlier. More sourcesNissan to maintain S. Korean operations despite headwinds (Yonhap News Agency: Sep 29, 2019 at 5:54 PM)

China Automotive Systems signs new contract with SAIC Maxus

WUHAN, China, Sept. 30, 2019 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced it has entered into a new supply contract with SAIC Maxus, an SUV and commercial vehicle subsidiary of SAIC Motor (formerly Shanghai Automotive Industry Corporation).  SAIC is one of… Continue reading China Automotive Systems signs new contract with SAIC Maxus

Visteon Announces Departure of Chief Financial Officer

VAN BUREN TOWNSHIP, Mich., Sept. 25, 2019 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today announced that Christian Garcia, executive vice president and chief financial officer, has resigned from the company to accept another position based in Houston, Texas. Garcia will continue in his current position through Oct. 31, 2019, to ensure a smooth transition… Continue reading Visteon Announces Departure of Chief Financial Officer