Nation’s Largest and Fastest Growing Omni-Channel Retailer Enhances Leadership Team to Drive Franchises Success, Brand Growth HARTLAND, Wis., March 16, 2022 /PRNewswire/ — Batteries Plus, the nation’s largest and fastest-growing battery, light bulb, key fob and repair franchise, is already hitting the ground running in 2022 with the advancement of their executive team. The omni-channel retail… Continue reading Batteries Plus Names Jon Sica Chief Business Officer While Powering Up for Strategic Growth
Category: Newswire
$27 Million Investment to Expand Toyota’s Long Beach Manufacturing Capabilities
The investment will equip TABC with the first coil-fed laser blanking line for TMNA, expand blanking capability to include steel and aluminum on the same line and increase capacity to cut 5.6 million blanks annually. In addition, these added capabilities will enable TABC to better support Tacoma production at TMNA facilities in Baja, California, and… Continue reading $27 Million Investment to Expand Toyota’s Long Beach Manufacturing Capabilities
Nexteer Reports Full Year 2021 Financial Results
AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2021. Although 2021 provided another challenging operating environment resulting from the ongoing global pandemic which brought unprecedented supply chain constraints and inflationary pressures to the automotive industry broadly, Nexteer continued to execute its long-term… Continue reading Nexteer Reports Full Year 2021 Financial Results
DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions
Investment advances DENSO’s commitment to achieve an environmentally-friendly, safe and secure mobility future NSITEXE, Inc., led Quadric’s $21 million Series B funding round NSITEXE is a DENSO group company that designs and develops key semiconductor components enabling next-generation automotive applications DENSO’s collaboration with Quadric helps the mobility supplier progress its sustainability and safety goals SOUTHFIELD,… Continue reading DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions
World NM: Can electric vehicles help defund the Russian war machine?001740
Receive the Transport Brief in your inbox by subscribing here. All of this has given the debate over the EU battery regulation – a mammoth piece of legislation aimed at boosting Europe’s battery autonomy while cutting emissions – a geopolitical shot in the arm. However, with the less-deadly Omicron variant now widespread and high vaccination… Continue reading World NM: Can electric vehicles help defund the Russian war machine?001740
Europa Wire: Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility000274
Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility Successful BEV-run up: No. 1 in Europe, No. 2 in the US, China increased more than fourfold Enhanced overall resilience: overhead costs significantly reduced, high capex discipline, break-even lowered Profit doubled to 20 billion EUR and return on sales increased to 8 percent (2020: 4,8)… Continue reading Europa Wire: Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility000274
Dexter, a Subsidiary of DexKo Global Inc., Acquires HiSpec Wheel & Tire, Inc.
NOVI, Mich., March 15, 2022 /PRNewswire/ — DexKo Global Inc., the global leader in highly engineered trailer running gear, chassis assemblies, and related components, announces that its wholly-owned subsidiary, Dexter Axle Company (“Dexter”) has acquired HiSpec Wheel & Tire, Inc. (“HiSpec”) located in Mishawaka, IN. Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires,… Continue reading Dexter, a Subsidiary of DexKo Global Inc., Acquires HiSpec Wheel & Tire, Inc.
Kongsberg Automotive full-year results in line with guidance despite strong headwinds from global supply-chain situation
Revenues and earnings both reduced by continuing semiconductor and raw materials supply chain situation, offset by the “shift gear” improvement program and growth in high-margin specialty products segment. Zurich, 15 March, 2022: Kongsberg Automotive ASA (“Kongsberg Automotive”) has today published its results for the fourth quarter and full year 2021. The results are in line… Continue reading Kongsberg Automotive full-year results in line with guidance despite strong headwinds from global supply-chain situation
Kongsberg Automotive – Annual Report 2021
Kongsberg Automotive ASA Annual Report 2020 follows attached. About Kongsberg Automotive ASAKongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find out more… Continue reading Kongsberg Automotive – Annual Report 2021
Berylls Strategy Advisors Examines the Impact of Electrified Trucks for Decarbonizing the U.S. Trucking Industry
DETROIT, March 15, 2022 /PRNewswire/ — Trucking is a sector that is difficult to decarbonize, and forty percent of global road transportation emissions comes from trucking. The average carbon footprint per truck is 50 times higher compared to passenger vehicles, and as C02 taxes rise and bans on diesel trucks in urban areas continue, Berylls Strategy… Continue reading Berylls Strategy Advisors Examines the Impact of Electrified Trucks for Decarbonizing the U.S. Trucking Industry