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Fiat Chrysler Automobiles N.V. announces that it has entered into a definitive agreement (the "Transaction") to sell its automotive components business Magneti Marelli S.p.A. ("Magneti Marelli") to CK Holdings Co., Ltd. ("CK Holdings"), a holding company of Calsonic Kansei Corporation ("Calsonic Kansei"), a leading Japanese automotive component supplier. Following the…

LG Chem, South Korea's leading manufacturer of advanced lithium-ion batteries, runs its first open innovation contest 'The Battery Challenge' to support start-ups specializing in new battery technology to strengthen its competitiveness in the industry. LG Chem is accepting applications until November 2nd. The fields of application are separated into four…

AxleTech, the leader in specialty powertrain solutions, announced today that it is developing a heavy-duty e-powertrain system with Thor Trucks, a fleet-focused transportation lab building fully electric commercial trucks. AxleTech and Thor Trucks will integrate AxleTech's e-axle technology with Thor's proprietary battery technology to create a fully electric commercial vehicle…

Walmart.com and Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America, today announced a comprehensive, strategic partnership that will create an automotive specialty store on Walmart.com. Expected to begin rolling out in the first half of 2019, the new omnichannel shopping experience will provide customers with…

Amastan Technologies, a leading producer of high value advanced materials using microwave plasma production systems, today announced it has been awarded a $1 million Phase II Small Business Innovation Research (SBIR) grant through the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy (EERE) to continue its…

After the success of Commercial Vehicle Forum & Two Wheeler Forum, the organisers – Threefold Business Solution Pvt. Ltd., have created an opportunity for professionals associated with Passenger Vehicle Industry to come together and reflect on What’s Next? Passenger Vehicle Forum (PVF), is the only conference of its kind, dedicated…

In a month from now, one of the leading logistics business summits TRANSLOG Connect Congress with key logistics and supply chain management experts and decision makers from Central Eastern Europe will take place again in Budapest. Creating and strengthening international business relations for eight years now, the annual forum will…

As mileage increases in a car, truck or SUV it is even more important to stay on top of its routine maintenance and scheduled service appointments. Nothing is more aggravating and budget-busting than bringing a vehicle in for maintenance and hearing the news that there is a major issue that…

Novelis, the global leader in aluminum rolling and recycling, today hosted members of the community, customers and government officials to break ground on the expansion of its automotive aluminum manufacturing facility in Changzhou, China. The $180 million investment will double the facility's production capacity of heat-treated aluminum sheet by 100,000…

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Henley Companies, has opened a new Valvoline Instant Oil ChangeSM (VIOC) service center in Menifee, California. A core element of Valvoline's strategy is to accelerate the growth of its industry-leading quick-lube…

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