Press Releases

Automotive Grade Linux (AGL), an open source project developing a shared software platform for in-vehicle technology, today announced the latest code release of the AGL platform, UCB 9.0, also known under the codename "Itchy Icefish." Developed through a joint effort by dozens of member companies, the AGL Unified Code Base (UCB) is an open source software platform that can serve as the de facto industry standard for infotainment, telematics and instrument cluster applicati

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LeddarTech®, the industry leader in delivering the LiDAR platform for the most versatile and scalable automotive. Is pleased to announce the addition of Ningbo Sunny Automotive Optech Co. Ltd as a member of the Leddar ™ ecosystem by joining a team of other technology industry leaders. This strategic partnership has made Sunny Automotive Optech known as a technology market leader providing optical solutions that participate in LiDAR solutions for automation and intelligent applicatio

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With the continuing worldwide efforts to practice social distancing, we are seeing widespread cancellations of trade shows and conventions, an important and personal touchpoint for businesses to reach their intended audiences. CEO Barry Allen of Calgary-based tech company PureWeb was happy to announce a solution to empower businesses to provide a similar rich and immersive experience online through PureWeb's publishing technology. Using Amazon Web Services, PureWeb can publish high-powere

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Burgess Norton (BN) announced today that the company has entered into an agreement with Tenneco Inc. to provide its full line of piston pin technology and finishing solutions of support surface for the Tenneco group of companies dedicated to powertrains. Tenneco is a world leader in piston technologies for petrol and diesel engines. "This agreement represents a solid strategic complementarity for the two companies," said Luke Rubino , president of Burgess Norton. “Te

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17 April 2020

Following the Chinese Government’s initiatives to prevent and control the COVID-19 outbreak, the organisers of the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) have announced the defer of the show’s 2020 edition. The fair, originally scheduled from 21 to 23 May 2020, will now be held from 20 to 22 May 2021. In China, the State Council issued an announcement on 6 April about the prevention and control measures that combat the spre

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Karma Automotive today announced the expansion of its hallmark Revero series with a new model, the Karma Revero GTE. The GTE will be the company's first all-electric vehicle and furthers the Southern California-based company's signature luxury, sustainability and technology offerings. The Revero GTE will join the GTS, GT and original Revero as the fourth model in Karma's Revero family, initially offering two versions – both 200-mile and 300-mile range configuration

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The "Global Electric Sports Car Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Electric Sports Car Market is projected to grow from US$83.115 billion in 2019 to US$232.481 billion in 2025, at a CAGR of 18.7% during the forecast period. Electric cars are coming up as a more sustainable mode of commuting around the world. Manufacturers in the automobile industry are shifting towards making a sustaina

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As part of its global R&D networking in Korea, North America, Europe, China and India, Hyundai Mobis (KRX:012330) will expand its technical center in India, which develops and validates automotive software. Through this, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles. Hyundai Mobis announced that it will set up and operate the second technical center in a new IT complex adjacent to its first technical cen

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Bridgestone Americas (Bridgestone) has announced plans to restart its North American commercial tire plants as well as its North American Firestone Industrial Products and Firestone Building Products manufacturing facilities on April 13. The company's start-up plans reflect the performance trend in several key areas of its commercial and diversified products businesses not as severely affected by the current crisis. Bridgestone Bandag's retread rubber manufacturing plants in

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Toyoda Gosei Co., Ltd.  has invested in Uhuru Corp., a venture business that provides services and solutions using huge amounts of data in cloud computing and edge devices. “Venture into innovation and new mobility” is one of the key activities in Toyoda Gosei’s medium and long-term 2025 Business Plan. The company is exploiting its expertise in rubber and plastics to pioneer new businesses and develop automotive products for CASE technologies. One example is e

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Serving as a business gateway into Southwest China’s evolving automotive market and supply chain, the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) has gradually risen, becoming one of the region’s most reputable automotive trading platforms. In 2020, CAPAS will turn its spotlight onto the E-mobility & Infrastructure zone. The zone debuted back in 2016, and since then, it has continued to advance alongside the growing market. This year,

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 The "Vehicle Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global vehicle recycling market is currently witnessing strong growth. The rapid industrialization and urbanization across the globe are among the key factors driving the growth of the market. Additionally, widespread adoption of metal scrap, especially steel, for the manufacturin

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Cooper Tire & Rubber Company announced that its tire manufacturing plants in the United States and Mexico will remain closed for at least another two weeks to protect the health and safety of employees and to respond to market demand that has been impacted by coronavirus. The company will continue to closely monitor the situation and adjust timing as necessary. The temporary plant closures were announced March 21, and include facilities in Findlay, Ohio; Clarksdale and Tupelo, M

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General Motors and Honda have agreed to jointly develop two all-new electric vehicles for Honda, based on GM's highly flexible global EV platform powered by proprietary Ultium batteries. The exteriors and interiors of the new EVs will be exclusively designed by Honda, and the platform will be engineered to support Honda's driving character. Production of these Honda electric vehicles will combine the development expertise of both companies, and they will be manufactured at G

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Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems, announced today the signing of an agreement with FLIR Systems Inc.. FLIR is the world’s largest and leading commercial company specializing in the design and production of thermal imaging cameras, components, and imaging sensors. According to the agreement, the parties will establish a strategic cooperation plan for the development, marketing and distribution of Foresight’s QuadSight® vision system,

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