DENSO to Issue Sustainability Bonds for the First Time

KARIYA, Japan, Sept. 17, 2021 /PRNewswire/ — DENSO Corporation announces that it has issued DENSO Group’s first sustainability bonds denominated in USD to further promote sustainability management. Sustainability bonds are bonds issued to finance activities that contribute to both environmental and social sustainability. Since its founding, DENSO has practiced sustainability management, which aims to pursue… Continue reading DENSO to Issue Sustainability Bonds for the First Time

Dada Group Launches Smart Delivery SaaS System to accelerate delivery digitalization

SHANGHAI, Sept. 16, 2021 /PRNewswire/ — Dada Group (Nasdaq: DADA) (“DADA”), China’s leading local on-demand delivery and retail platform, today announced the launch of its open digital logistics platform, Dada Smart Delivery SaaS System. Based on Dada Now’s self-developed Smart Logistics System and Big Data Platform, it provides integrated delivery solutions, including operation platform, merchant… Continue reading Dada Group Launches Smart Delivery SaaS System to accelerate delivery digitalization

World NM: German Dieselgate trial begins without ex-VW boss Martin Winterkorn 16.09.2021001577

It’s almost exactly six years ago that the emissions scandal of German carmaker Volkswagen (VW) was uncovered by the California Air Resources Board (CARB) on September 18, 2015. All of the defendants will testify that they had either passed on their knowledge of the manipulations to their superiors and therefore cannot be held responsible, or that they didn’t know… Continue reading World NM: German Dieselgate trial begins without ex-VW boss Martin Winterkorn
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Hankook Supplies Original Equipment Tires for the New Porsche Panamera

NASHVILLE, Tenn., Sept. 16, 2021 /PRNewswire/ — Global leading tire company Hankook Tire will equip the latest version of the Porsche Panamera with the Hankook Ventus S1 evo Z, its new Ultra Ultra High Performance (UUHP) tread. Bespoke Ventus S1 evo Z tires are used in sizes 265/45 ZR19 105Y XL ND0 for the front axle… Continue reading Hankook Supplies Original Equipment Tires for the New Porsche Panamera

Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business… Continue reading Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

Lucid Air Officially EPA-Rated at 520 Miles of Range

One of two distinct versions of the Lucid Air Dream Edition, the Dream Edition Range embodies Lucid’s exacting focus on maximizing efficiency, achieving 520 miles of range while still delivering 933 horsepower. It sits alongside the 1,111 horsepower Lucid Air Dream Edition Performance and the 800 horsepower Grand Touring versions, which have also now received… Continue reading Lucid Air Officially EPA-Rated at 520 Miles of Range

Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth

BEIJING, Sept. 16, 2021 /PRNewswire/ — Autohome Inc. (2518.HK/ATHM.US) held its Investor Day 2021 in Beijing on September 15, 2021. Investors and analysts from Morgan Stanley, Credit Suisse, CITIC Securities, China Securities, Harvest Fund and other well-known international and domestic investment institutions, as well as journalists from various financial and economic media outlets, participated in… Continue reading Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth

Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148

New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021 The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm,… Continue reading Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148

Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue

Wed, Sep 15, 2021 07:58 CET Kongsberg Automotive’s Fluid Transfer Systems (FTS) is pleased to announce the renewal of its relationship with one of the world’s leading suppliers of fuel transfer systems.  FTS has won incremental business and secured an extension contract estimated annualized revenue of EUR 4 million, and estimated lifetime revenue worth EUR… Continue reading Kongsberg Automotive wins contract worth EUR 20 million estimated lifetime revenue

World NM: MINI Delivers One-Millionth Car Sold in the United Kingdom001576

Long before the MINI became its own thing with uppercase letters, the British Motor Corporation introduced the original in 1959. Masterminded by legendary designer and engineer Alec Issigonis, the Mini soldiered on with many improvements and variations until the year 2000. During this period, no fewer than 5,387,862 examples of th… (continue reading…) Go to… Continue reading World NM: MINI Delivers One-Millionth Car Sold in the United Kingdom001576