Press Releases

Press Releases

"In order to meet stringent CAFE (Corporate Average Fuel Economy) and EPA (Environment Protection Agency) emission regulations, OEMs are downsizing engine capacity." The light duty vehicle market for North America is projected to grow at a CAGR of 5.65% from 2016 to 2021, to reach a market size of to…

Press Releases

ZEISS Industrial Metrology opens a new facility in Wixom, Michigan, dedicated to the latest developments for the process chain in car body metrology and automated inspection. "This center helps us illustrate how to make production more efficient in line, in the measuring room, and in-between. This means production and quality…

Press Releases

The NORMA Group, a global market leader in engineered joining technology, has completed its acquisition of Parker Hannifin Corporation's Autoline business. Autoline produces fluid-line quick connectors for motor vehicles with more than 200 employees at locations in France, Mexico and China. "The acquisition of Autoline strengthens our market position with…

Press Releases

Adient (NYSE: ADNT), the world's largest global automotive seating supplier, today announced the company has acquired the 10-story, 164,000-square-foot Marquette Building located at 243 West Congress in Detroit's historic financial district, across from Cobo Center. The company will invest approximately $50 million into renovating the building to establish its global…

Press Releases

Mentor Graphics Corporation (NASDAQ: MENT) today announced that TOYOTA MOTOR CORPORATION has approved its Volcano™ VSTAR AUTOSAR basic software stack for use in all Toyota vehicles. With this approval, global Tier 1 automotive suppliers can now leverage Mentor's fast, resource-efficient AUTOSAR stack for the design and development of advanced Electronic…

Press Releases

SDCmaterials, Inc. (SDC) today announced that it has entered into an agreement with China's leading automotive catalyst supplier, Wuxi Weifu Lida, to commercialize products incorporating SDC's high performance active ingredients for automotive catalytic converters. Under the agreement, SDCmaterials will work with Wuxi Weifu Lida to commercialize catalysts for automotive OEMs…

Press Releases

The automaker Borgward is strengthening its strategic network and has teamed up with the French automotive supplier company Faurecia to form a joint venture for the development and production of car seats and interior components. "We are proud to intensify our cooperation with Faurecia, one of the world's most successful…

Press Releases

HORIBA India Private Limited, a group company of HORIBA, Ltd. will open the Technical Center on November 30, 2016 in Pune, India as a demonstration base for emission measurement systems and advanced analytical instruments. The HORIBA India Technical Center comprises a test facilities equipped with HORIBA’s automotive test systems, and…

Press Releases

MediaTek, a global semiconductor leader, today announced its plan to bring holistic, fully integrated system solutions to the automotive industry beginning Q1 2017. The market for connected and autonomous vehicles continues to grow, and the automotive industry and car-makers demand advanced technologies equipped with a blend of power-efficiency, processing power…

Press Releases

Standard Motor Products, Inc. (SMP) announces the release of 268 new part numbers to its BWD® engine management line. The expansion increases coverage through the 2016 model year by more than 172 million additional VIO. Highlights include new parts for key lines such as switches, sensors, and variable valve timing…