Category: Newswire

Genesis Reports September And 2020 YTD Sales

FOUNTAIN VALLEY, Calif., Oct. 1, 2020 /PRNewswire/ — Genesis Motor America today reported sales of 1,128 units in September 2020, a 27.6 percent decrease compared with the prior year. September 2020 Sales: Continue Reading Coming soon, the all-new 2021 Genesis G80 mid-luxury sedan & all-new 2021 GV80 mid-luxury SUV. SEPTEMBER 2020 SEPTEMBER 2019 YTD 2020 YTD… Continue reading Genesis Reports September And 2020 YTD Sales

GM Q3 Retail Share Climbs Despite Tight Inventory

DETROIT, Oct. 1, 2020 /PRNewswire/ — General Motors (NYSE: GM) announced today that it delivered 665,192 vehicles in the third quarter of 2020, a decrease in total vehicle sales of about 10 percent compared to a year ago. In a sign of a recovering industry, sales improved sequentially each month within the quarter. Industry and GM sales rebounded… Continue reading GM Q3 Retail Share Climbs Despite Tight Inventory

FCA Reports Third-quarter 2020 U.S. Sales

FCA US LLC sold 507,351 vehicles in the third quarter – a 10 percent decrease over the same time period a year earlier – as strong retail sales offset much of the ongoing softness in fleet purchases. The Ram brand remained a powerhouse for dealers as retail sales for the iconic pickup trucks rose 15… Continue reading FCA Reports Third-quarter 2020 U.S. Sales

The Shyft Group Acquires Northeast Aluminum Truck Body Manufacturer F3 MFG, Inc.

The addition of DuraMag aluminum bodies to Shyft’s product offerings follows the Company’s recent acquisition of Royal Truck Body, a West Coast and Southwestern U.S. steel truck body maker.  Combined, these acquisitions elevate Shyft to a leading position as a national service body manufacturer.  From 2015 to 2019, F3 sales grew at a compound annual… Continue reading The Shyft Group Acquires Northeast Aluminum Truck Body Manufacturer F3 MFG, Inc.

Three Brose Locations Named Winners of 2020 Best and Brightest Companies to Work For® in Metro Detroit

“Our people are our greatest asset at Brose and I am consistently impressed by the diverse and capable individuals who innovate products and processes to lead our organization to success,” said Wilm Uhlenbecker, President and Chief Executive Officer, Brose North America. “At Brose, every employee is treated as family and this award, in recognition of a… Continue reading Three Brose Locations Named Winners of 2020 Best and Brightest Companies to Work For® in Metro Detroit

Humax enters vehicle mobility market

SEONGNAM, South Korea, Oct. 1, 2020 /PRNewswire/ — Humax has announced that it has entered the vehicle mobility market with a total mobility solution, including a service, device and hub platform. The company offers a range of core technologies in the field of integrated mobility, including shared mobility, commercial vehicle fleet management, parking lot operation… Continue reading Humax enters vehicle mobility market

Subaru Selects Veoneer to Manufacture New Generation Eyesight

STOCKHOLM, Oct. 1, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has partnered with Subaru to introduce the new generation EyeSight on the all-new Subaru Levorg.  Veoneer will begin producing systems for the Japan market starting later this year.      Veoneer was selected by Subaru due to its experience… Continue reading Subaru Selects Veoneer to Manufacture New Generation Eyesight

World NM: DRB to invest 1 bln rubles in production of Hyundai car parts in Leningrad region000210

ST. PETERSBURG, September 30. / TASS /. The DRB RUS company (the Russian subdivision of the South Korean company DRB) will build a plant in the Leningrad Region for the production of components for Hyundai cars with an investment worth 1 billion rubles, according to the agreement on cooperation that signed by Governor Alexander Drozdenko… Continue reading World NM: DRB to invest 1 bln rubles in production of Hyundai car parts in Leningrad region000210

New welding machine speeds up production in Latvia further

Wed, Sep 30, 2020 14:01 CET A new spot welding machine has brought many advantages to the Latvian factory. Manual tasks have been reduced and the machine can weld up to six spots on the same surface at a time, which gives a multi doubling of the efficiency. A new spot welding machine, Daching DDI-200-PJ,… Continue reading New welding machine speeds up production in Latvia further