Nexen Tire, a world leader in tire manufacturing, announced today that it will host the grand opening ceremony for "THE NEXEN UNIVERSITY" on Tuesday, April 30 , 2019 . become the driving force for future growth. More than 300 people participated in the grand opening ceremony, including Nexen Tire's CEO, Kang Byeong Jung, Nexen Tire's Global CEO, Travis Kang, Chairman of the Korean Employers' Association, and Kyung Shik, Chairman of the Association of Small and

Standex International Corporation today announced that it has acquired privately-held Genius Solutions Engineering Company (d/b/a GS Engineering) and affiliated GS Innovation, Inc. (together, “GS”). GS is a market leader in the manufacture of highly specialized “soft surface” skin texturized tooling, primarily serving the automotive end market. The acquisition is expected to be immediately accretive to earnings. The current GS management team will continue with the Sta

Dana Incorporated and Motiv Power Systems today announced a collaboration to integrate Dana's Spicer® Electrified™ eS9000r e-Axle on the Ford F-550 chassis for use in commercial fleet applications.  By replacing the traditional mechanical driveline with an electric motor integrated directly into the vehicle's differential housing, the e-Axle provides greater design flexibility for battery placement and truck body attachment.  In addition to Dana's e-Axle techno

Bridgestone Americas (Bridgestone) announced the release of the Bridgestone Turanza QuietTrack tire, the newest addition to the company's Turanza touring tire portfolio. Featuring the latest technologies from Bridgestone, the Turanza QuietTrack tire delivers confident control in wet and snow conditions. The tire is backed by a best-in-class 80,000 mile limited mileage warranty for long-lasting performance drivers can trust to carry them season after season.* "The Turanza Qu

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that is has acquired a quick lube location in the Detroit market that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center. A core element of Valvoline's strategy is to accelerate the growth of its industry-leading quick-lube model, which is all about delivering a quick, easy and trusted experience for every guest, every day. Of

PPG  today announced that it has completed the acquisition of Hemmelrath, the manufacturer of automotive coatings. The financial terms have not been disclosed. Hemmelrath, a German company based in Klingenberg, manufactures coatings used by original equipment manufacturers (OEMs). It employs more than 450 people and has production facilities in Klingenberg and Erlenbach (Germany), Jilin in China, Duncan in the state of South Carolina (United States), and Indaiatuba in Brazil. E

DuPont Transportation & Advanced Polymers (T&AP), a business unit of DowDuPont Specialty Products Division, introduced a series of applications from its innovative electric and hybrid vehicle solutions portfolio during Auto Shanghai 2019. The anticipated release of practical applications is the first since the company announced its AHEAD™ (Accelerating Hybrid-Electric Autonomous Driving) initiative launched last September. Designed to bring customers solutions and material capab

Dana Incorporated announced today that the company had added five facilities in China since the start of the year.  The increase is the result of Dana's recent acquisition of the SME Group, as well as the Drive Systems segment of Oerlikon Group, including the Graziano and Fairfield brands. The added facilities expand Dana's engineering, manufacturing, testing, and aftermarket service in China.  They also strengthen the company's capabilities for electrification

Daimler AG has acquired a minority equity stake in U.S. battery material specialist Sila Nanotechnologies Inc. (Sila Nano) as part of its research and development activities. Founded in 2011, Sila Nano is a leading developer of new battery materials, which outperform existing lithium-ion technologies. With its latest developments the company sets a new standard for battery performance, harnessing the potential of silicon to enable safe, scalable, high-energy density batteries, which can unlea

Mid-engine, short wheelbase, and a suspension with double wishbones: The reborn Alpine A110 is one of the most interesting sports cars in recent years. KW automotive, the suspension manufacturer, has developed the Clubsport coilover kit specifically for Alpine A110 track day enthusiasts. The dampers unleash the Alpine A110 not only on the racetrack since they can be adjusted independently in the compression and rebound forces. Thanks to the multi-valve technology

Honda of Mexico is pleased to once again celebrate another milestone of its Mexican operations, because the CVT Transmission Plant of the manufacturing complex in Celaya, Guanajuato , produced its 1 million unit. March 20. This took less than 4 years since he started manufacturing operations in July 2015. The Transmission Plant is part of the manufacturing complex that the company has in Celaya ; its construction began in 2013 with an additional $ 470 million investment to the new c

OSRAM Continental GmbH, a global provider of intelligent lighting solutions for automobiles, celebrated the opening of its new location in Guadalajara , Mexico, on April 10. The 21,700-square-foot (2,100-square-meter) facility will initially employ about 65 people and will serve as a research and development (R & D) center to support businesses, primarily in the Americas region. Dr. Dirk Linzmeier , CEO of OSRAM Continental GmbH was present to commemorate the event along with ot

FPT leading IT system development in Vietnam, Yamaha Motor, a leading manufacturer and marketer of motorcycles, Urban development company Ecopark, We signed a memorandum on demonstration experiments aimed at joint development of an automated driving system for small vehicles. Through this joint development, FPT will develop automated driving software with artificial intelligence (AI) and LiDAR technology. Yamaha Motor co-develops and consults with autonomous driving technology in EC

Bridgestone Corporation today announced that it will take part in an international space exploration mission together with the Japan Aerospace Exploration Agency (JAXA) and Toyota Motor Corporation. Recently announced by JAXA and Toyota, the goals of this mission are to expand the domain of human activity and develop intellectual property on space exploration. Bridgestone's mission assignment is to research the performance needs of tires for use on manned, pressurized rovers*1 in order to

As part of the extension of the KW classic delivery program, KW automotive has developed the new KW classic coilover kit Variant 3 for the Mercedes-Benz 190 (W201). Compared to other suspension solutions, like for motorsport use, the new KW suspension has not to be converted to MacPherson struts at the front axle. As part of the technical component report, the coilover kit allows a continuous lowering of up to 65 millimeters via a height-adjustment directly at the KW springs. The KW dampers m