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Category: Newswire
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
Hyundai Motor Group Appoints Dr. Jaiwon Shin to Lead New Urban Air Mobility Division
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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
Waymo Valuation Slashed on Autonomous Vehicle Tech Delays
Morgan Stanley slashed its estimate of how much Alphabet Inc.’s Waymo driverless car business is worth, saying the technology is taking longer to develop than previously expected.
Car industry to get £1bn boost as electric drive shifts gear
…Business secretary Andrea Leadsom has announced plans to invest “up to £1bn” in the car industry, to accelerate the shift towards electric vehicles and reduce carbon emissions, but warned the sector…
Tesla Surges on Musk Seeing Shot at 100,000-Delivery Quarter
Tesla Inc. shares climbed the most since June after Elon Musk said in an email to employees that the carmaker has a chance to top the vehicle-delivery record it set in the second quarter.
Smart Eye Receives Additional Eight Design Wins With Existing Japanese OEM
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Koenigsegg Sets New 0-400-0 km/h World Record
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Mando opens a new R&D center in Europe
– Mando to expand technological leadership in the birthplace of autos – SEOUL, South Korea and FRANKFURT, Germany, Sept. 27, 2019 /PRNewswire/ — On September 11, Mando (CEO: Mong-won Chung, Il-Hwan Tak) held the opening ceremony of its new R&D center in Frankfurt, Germany joined by…