Notice regarding the Scheduled Commencement of the Tender Offer to Make Keihin Corporation (Securities Code: 7251) a Wholly-Owned Subsidiary in connection with the Management Integration of Hitachi Automotive Systems, Ltd., Keihin Corporation, Showa Corporation (Securities Code: 7274), and Nissin Kogyo Co., Ltd. (Securities Code: 7230)

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Notice regarding the Scheduled Commencement of the Tender Offer to Make Showa Corporation (Securities Code: 7274) a Wholly-Owned Subsidiary in connection with the Management Integration of Hitachi Automotive Systems, Ltd., Keihin Corporation (Securities Code: 7251), Showa Corporation, and Nissin Kogyo Co., Ltd. (Securities Code: 7230)

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Notice regarding the Scheduled Commencement of the Tender Offer to Make Nissin Kogyo Co., Ltd.(Securities Code: 7230) a Wholly-Owned Subsidiary in connection with the Management Integration of Hitachi Automotive Systems, Ltd., Keihin Corporation (Securities Code: 7251), Showa Corporation (Securities Code: 7274), and Nissin Kogyo Co., Ltd.

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Veoneer to Divest Japan and China Operations of Brake System Joint Venture

STOCKHOLM, Oct. 30, 2019 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has signed agreements (the “Definitive Agreements”) to sell its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to… Continue reading Veoneer to Divest Japan and China Operations of Brake System Joint Venture

Honda Sets First Half of Fiscal Year Records

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the first half of the current fiscal year (April 2019-March 2020) and the month of September 2019. Worldwide Production   September 2019 1st Half of Fiscal Year 2019(Apr.-Sep. 2019)  Units vs.’18 Units vs.FY19 Japan 65,259 -18.2% 443,797 … Continue reading Honda Sets First Half of Fiscal Year Records

Decision by GM, FCA to side with Trump in mpg fight draws fire

Washington — Democrats in the U.S. House of Representatives railed against General Motors Co. and Fiat Chrysler Automobiles NV on Tuesday for siding with the Trump administration in a legal fight with California over gas mileage rules for the nation’s auto industry. And in testimony before a House panel Tuesday, former California Gov. Jerry Brown singled out GM,… Continue reading Decision by GM, FCA to side with Trump in mpg fight draws fire

Pedestrian detection systems produce mixed results in safety study

(Reuters) – The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians altogether, according to a study released on Tuesday by a U.S. insurance research group. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety… Continue reading Pedestrian detection systems produce mixed results in safety study

GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

WASHINGTON (Reuters) – General Motors Co (GM.N), Toyota Motor Corp (7203.T), Hyundai Motor Co (005380.KS), Fiat Chrysler Automobiles NV (FCHA.MI) and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements. FILE PHOTO: Morning commuters travel in rush hour… Continue reading GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

Electric Ariel Nomad created as one-off technology showcase

Leading automotive engineering firm BorgWarner has converted an Ariel Nomad off-roader into a fully electric vehicle. The one-off machine was produced as a showcase for electric powertrain technology developed by the US company and its partners. It swaps the 235bhp Honda-built 2.5-litre petrol engine usually found in the Nomad for an electric system that uses two… Continue reading Electric Ariel Nomad created as one-off technology showcase