Chinese ride-hailing giant Didi Chuxing is making another push into the white-hot electric-car making business through a tie-up with Guangzhou Automobile Group’s electric vehicle unit GAC Aion. In November, Didi and BYD launched the D1 as the world’s first fully electric vehicle designed for ride-hailing produced at volume. A lengthy list of Chinese technology heavyweights… Continue reading World NM: Didi Partners With GAC Aion to Build Smart Electric Cars001233
Category: Newswire
Autoliv Expanding Steering Wheel Manufacturing
AUBURN HILLS, Michigan, May 18, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced plans to construct a new steering wheel manufacturing plant in Aguascalientes, Mexico. When fully operational the 30,000 sqm/322,000 sq ft facility will have the potential to employ up to 3,000 people. “We are… Continue reading Autoliv Expanding Steering Wheel Manufacturing
Canoo & University of Wisconsin-Madison partner on next-generation electric vehicle technologies
In May 2021, the two organizations signed a memorandum of understanding through which they will collaborate toward the development of a Canoo research center at UW-Madison. The center will advance research in electric propulsion technologies with a goal of increasing electric vehicle utility while reducing burdens on finite natural resources. The partnership intends to create… Continue reading Canoo & University of Wisconsin-Madison partner on next-generation electric vehicle technologies
FIA Foundation: Governments must commit to Streets for Life with 30 km/h urban streets for livable cities, say global agencies, NGOs
LONDON, May 17, 2021 /PRNewswire/ — Governments urgently need to limit speeds to 30 km/h (20 mph) on streets where people walk, live and play, says a new call to action from leading global agencies, NGOs and policymakers as part of COVID-19 response and recovery during the Streets For Life campaign for UN Global Road… Continue reading FIA Foundation: Governments must commit to Streets for Life with 30 km/h urban streets for livable cities, say global agencies, NGOs
Toyoda Gosei Starts Operation of New Plant in Mexico
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has established a new plant in Mexico, the TAPEX Mexicana, S.A. de C.V. (TAPEX) Monterrey Plant, and started its production of the bags that are a main component of automotive airbags in March 2021. This will help to meet the growing demand for airbags. In Toyoda Gosei’s medium-term… Continue reading Toyoda Gosei Starts Operation of New Plant in Mexico
UAW Rejects Tentative Agreement with Volvo Trucks North America
GREENSBORO, N.C., May 16, 2021 /PRNewswire/ — Volvo Trucks North America today announced that employees represented by the United Auto Workers (UAW) rejected a new five-year labor agreement covering approximately 2,900 members of UAW Local #2069 at the New River Valley truck assembly operations in Dublin, Virginia. The company has been informed that UAW-represented employees… Continue reading UAW Rejects Tentative Agreement with Volvo Trucks North America
Goodyear Announces Pricing of $1.45 Billion of Senior Notes in Connection With Planned Cooper Tire Acquisition
AKRON, Ohio, May 14, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has priced its private offering to eligible purchasers of $850 million aggregate principal amount of senior notes due 2029 (the “2029 notes”) and $600 million aggregate principal amount of senior notes due 2031 (the “2031 notes,” and together… Continue reading Goodyear Announces Pricing of $1.45 Billion of Senior Notes in Connection With Planned Cooper Tire Acquisition
Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022
TOKYO, May 14, 2021 /PRNewswire/ — Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2 billion yen due primarily to control of selling, general… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022
Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show
Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation‘, the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience. Utilizing its class leading H-SOA electrical architecture and the newly designed theatre-style booth,… Continue reading Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show
Randon Reports First Quarter 2021 Results
CAXIAS DO SUL, Brazil, May 13, 2021 /PRNewswire/ — Randon S.A – Implementos e Participações (B3 – RAPT3 and RAPT4), which operates within the segments of trailers, auto parts and services, reports its results for the first quarter of 2021 (1Q2021), ended in March 31, 2021. The financial and operating information of the Company, except… Continue reading Randon Reports First Quarter 2021 Results