Dayco wins Alternator Decoupler Pulley (ADP) contract and expands its product range

ROSEVILLE, Mich., May 10, 2023 /PRNewswire/ — Dayco has a rich history in the global design & manufacturing of propulsion products for the automotive, heavy-duty, and industrial markets. That product offering expands with the recent addition of the company’s alternator decoupler pulleys (ADP). Dayco’s premium alternator decoupler (also known in the industry as an overrunning… Continue reading Dayco wins Alternator Decoupler Pulley (ADP) contract and expands its product range

nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’

nShift identified as a Notable Vendor in the report. The European TMS market is forecast to grow at a five-year CAGR of 5.3%, with a forecast spend through 2026 of $485 million. LONDON, May 9, 2023 /PRNewswire/ — Gartner, a company delivering actionable, objective insight to executives and their teams has named nShift as a… Continue reading nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’

Ascent Aerospace and True Position Robotics Partner at Automate 2023

MACOMB, Mich., May 9, 2023 /PRNewswire/ — Ascent Aerospace, a leading provider of aerospace tooling systems, factory automation and integration services, is thrilled to announce its partnership with True Position Robotics (TPR) at the upcoming Automate 2023 trade show in Detroit, MI. The show will take place from May 22-25 and will bring together the… Continue reading Ascent Aerospace and True Position Robotics Partner at Automate 2023

Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

BANGALORE, India, May 9, 2023 /PRNewswire/ — The Global Automotive Artificial Intelligence Market is Segmented by Type (Automatic Drive, ADAS), by Application (Passenger Cars, Commercial Vehicles), by Level of Autonomy (Level 1, Level 2, Level 3, Level 4): Global Opportunity Analysis and Industry Forecast, 2022-2029. It is published in Valuates Reports under the Science Category. The global Automotive… Continue reading Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

World NM: Lamborghini Sells Out Huracan, Plug-In Hybrid Successor Due 2024001858

Produced between 2003 and 2013, the V10-powered Gallardo laid the groundwork for the outgoing Huracan. A grand total of 14,002 units of the original were sold, whereas Huracan chassis number 20,000 rolled off the assembly line in April 2022. Production will come to a screeching halt in 2024, when the Italian automaker will debut a… Continue reading World NM: Lamborghini Sells Out Huracan, Plug-In Hybrid Successor Due 2024001858

Kia and Kakao Mobility partner for ride hailing service using PBVs

Kia Corporation and Kakao Mobility, South Korea’s leading mobility as a service (MaaS) platform service company, today announced a collaboration to develop purpose-built vehicles (PBVs) optimized for ride-hailing and new mobility services linked to PBVs.  Under the agreement, Kia will develop customised PBVs using operation data of vehicles to meet the specific requirements of Kakao Mobility’s… Continue reading Kia and Kakao Mobility partner for ride hailing service using PBVs

@Nio: NIO Inc. to Report First Quarter 2023 Financial Results on Friday, June 9, 2023000519

SHANGHAI, China, May 11, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its first quarter 2023 unaudited financial results on Friday, June 9, 2023, before the open of… Continue reading @Nio: NIO Inc. to Report First Quarter 2023 Financial Results on Friday, June 9, 2023000519

Autoliv Announces Results of 2023 Annual Stockholders Meeting

STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting

Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research

The global automotive chip market is driven by factors such as increase in demand for advanced driving assistance system (ADAS), rise in demand for electric vehicles, and surge in demand for autonomous driving.  PORTLAND, Ore., May 11, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Chip Market by Product (microcontrollers, logic ICs, sensors, analog ICs,… Continue reading Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research

CEAT Ambernath plant receives five-star grading in British Safety Council Audit

CEAT Specialty (division of CEAT Tires) is proud to announce that it’s Ambernath facility has received a Five Star rating in the Occupational Health and Safety Audit conducted by the British Safety Council MUMBAI, India, May 11, 2023 /PRNewswire/ — The company’s Ambernath plant underwent a comprehensive, quantified, and robust evaluation of its occupational health and safety policies, processes… Continue reading CEAT Ambernath plant receives five-star grading in British Safety Council Audit