Press Releases

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that is has opened another new company-owned Valvoline Instant Oil ChangeSM (VIOC) service center in Humble, Texas. 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 customer, every day. Of the 16 Valvoline Instant Oi

Dana Incorporated  today announced it is partnering with a major North American commercial-vehicle manufacturer to supply complete e-Powertrain systems for a medium-duty vehicle program beginning next year.  The new trucks will feature Dana's Spicer® Electrified™ powertrain technologies and are expected to be on the road in early 2021. Separately, Dana has also secured a new e-Powertrain development project with a leading truck manufacturer.  The announc

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Henley Companies, has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in South Florida. 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

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Westco Lube, Inc., has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in Mission, Kansas. 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 eve

Karma Automotive, the Southern California-based creator of luxury electric vehicles, has opened a business and technology development office in Silicon Valley to help drive innovation and build partnerships in support of its emergence as a high-tech incubator. Located in San Jose, Karma Silicon Valley will initially house a small team of engineers and business strategists tasked with growing advanced-technology partnerships that will support and shorten the company's product dev

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that is has opened two new company-owned Valvoline Instant Oil ChangeSM (VIOC) service centers in Greater Houston.  One is a newly-constructed VIOC and the other is an acquired service center now operating as a VIOC. A core element of Valvoline's strategy is to accelerate the growth of its industry-leading quick-lube model, which is all about del

Mitsubishi Electric Corporation announced today that it would exhibit the latest version of the xAUTO, a vehicle capable of autonomous driving on surface roads without high-definition maps and autonomous parking both indoors and outdoors, during the 46th Tokyo Motor Show 2019 at the Tokyo Big Sight exhibition complex from October 24 to November 4. The xAUTO is a demonstration car that incorporates Mitsubishi Electric’s cutting-edge technologies for autonomous driving. Mitsubis

Inteva Products, a leading global Tier One automotive supplier of engineered components and systems, announced today that it has entered into a Cooperation Agreement with Suzhou Greentech Material Co., Ltd., through which Greentech will produce Inteva's material solutions, branded as Inteather™, for the China automotive market. "Working with Greentech as a local supply partner will allow us to better satisfy the needs of the China auto market," said Inteva's

Continental, technology company and manufacturer of premium tires, celebrated a major milestone for its new tire plant near Clinton, Mississippi, with a grand opening event today. The celebration marks the completion of the construction process, which began in 2016. Approximately 300 guests, including state and local officials, community members, customers and supplier joined 250 Continental employees for the event. The new plant is located on a 1,000-acre greenfield site in Hinds C

Leading manufacturer of light tactical vehicles, AM General, together with the Jeep Brand of Fiat Chrysler Automobiles (FCA), today introduced a new light tactical concept vehicle at the Annual Meeting and Exposition of the Association of the U.S. Army. The Jeep Gladiator Extreme Military-Grade Truck (XMT) by AM General is the first phase of a collaboration that reunites two companies whose histories trace back to World War II. In creating the Jeep Gladiator XMT, AM General leveraged the Glad

Asbury Automotive Group, Inc., one of the largest automotive retail companies in the U.S., has acquired Mike Shaw Subaru located in Thornton, Colorado. This will be the first dealership in Colorado as well as the first Subaru brand store for Asbury. The dealership has a 17-year history in the Denver market and currently employs 120 team members. "The highly engaged Mike Shaw Subaru Team has built the leading Subaru dealership in the market. My decision to sell Mike Sh

Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Volkswagen Caminhões e Ônibus (VWCO), one of the largest producers of trucks and buses in Latin America, have concluded a long-term strategic cooperation agreement. CATL is going to offer the comprehensive battery solutions for the electrification of VWCO, including battery development, manufacturing, as well as recycle and secondary use. According to the agreement, the partnership will be started with e-Del

Dover Fueling Solutions, a part of Dover that delivers advanced fuel dispensing equipment, electronic systems and payment, fleet systems, automatic tank gauging and wetstock management, is pleased to announce an agreement with ChargePoint to bring electric vehicle chargers to retail and commercial locations in North America. The collaboration will add DC fast chargers, Level 2 (L2) AC chargers and fleet chargers to DFS' product portfolio in North America. ChargePoint is the worl

Frost & Sullivan is all set to host the 11th edition of the Growth, Innovation, and Leadership Summit India 2019on 16th October at Hyatt Regency, Mumbai. The event aims to discuss insights on the “Future of Business: Revolutionize Customer Engagement, the Workforce & Business Models”. In this era of unremitting change, organizations need to accelerate their rate of innovation and reimagine their business models. Disruption being the new norm in today’s world, the agi

StradVision, an industry pioneer in vision processing technology for autonomous vehicles, has announced a partnership with a leading global Tier 1 supplier to develop custom camera technology for autonomous buses. Work on the project began in fall 2019, and the technology developed will be implemented by multiple OEMs once completed. A date when these vehicles will see real-world road use has not yet been determined. StradVision CEO Junhwan Kim said that with mass transit