Lear Corporation , a global automotive technology leader in Seating and E-Systems, today announced that it has entered into a definitive agreement to acquire substantially all of Kongsberg Automotive's Interior Comfort Systems (ICS) business unit. Kongsberg Automotive's ICS business unit specializes in comfort seating solutions, with a leadership position in seating product areas experiencing growth within the auto industry – massage, lumbar, seat heat and ventilation.

Toyoda Gosei Co., Ltd. has developed a pedestrian protection airbag that will protect the pedestrian’s head when hit by a vehicle. Toyoda Gosei has developed various types of airbags that protect vehicle occupants; this will be Toyoda Gosei’s first airbag on the market that protects pedestrians and other vulnerable road users. Among traffic accidents in Japan, the highest mortality rate is seen in those involving pedestrians. The main cause of death in these accidents is

Nova Bus, a member of the Volvo Group and a leading North American transit bus manufacturer, is proud to unveil for the first time in North America its new 100% electric, long-range dual charging bus: the LFSe+, at the New York Public Transit Association conference in Albany, New York.  Our new LFSe+ is the result of the perfect combination between Nova Bus proven expertise and the latest, clean and sustainable technologies, all while maintaining the proven reliability of our LFS platfor

Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced that its R-Car H3 and R-Car M3 system-on-chips (SoCs) have been adopted by Toyota Motor Corporation (“Toyota”) for their next-generation multimedia systems. The Renesas R-Car H3 and R-Car M3 SoCs are designed for in-vehicle infotainment (IVI) applications that deliver images, audio, and a variety of information from both in-vehicle and external sources to the driver in a safe a

Through its cutting-edge technology and industry-leading partnerships, self-driving company Aurora is building a generational business that aims to transform how goods and people move through the world. In 2021 alone, the company has made major advancements toward delivering its vision for how self-driving technology comes to market. Across the four quadrants of vehicle manufacturer and network user, Aurora is now partnered with one of the largest transportation and logistics compan

The "4D Imaging Radar in Autonomous Vehicles - Industry, Market, and Competition Analysis" report has been added to ResearchAndMarkets.com's offering. The ADAS and AV radar module market size is anticipated to grow 1.6x times to reach $8 billion by 2025 and $12 billion by 2030, at a CAGR of 10.5 percent. 4D imaging radar modules are expected to penetrate by 6.8 percent by 2025; only in a matter of 2-3 years, which is currently a niche market. Exterior applica

Penske Automotive Group, Inc. a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.2% to $0.46 per share. "The increase in the dividend reflects our Board of Directors' confidence in our diversified business model and our strong cash flow," said Penske Automotive Group President, Robert H. Kurnick.

DENSO, a leading mobility supplier, today announced it invested in Dellfer – an automotive and IoT cybersecurity software company – participating in the company's Series A funding round, which raised a total of $8 million. The investment will help accelerate the development and distribution of Dellfer's best-in-class cybersecurity solutions for the automotive industry. DENSO's investment in Dellfer was made jointly with Option3, a specialist cybersecurity pri

Cadence Design Systems, Inc. announced the Cadence® Safety Solution, a new offering targeting safety-critical applications and featuring integrated analog and digital safety flows and engines for faster ISO 26262 and IEC 61508 certification. The solution, which includes a new failure modes, effects, and diagnostic analysis (FMEDA) offering called the Cadence Midas™ Safety Platform, allows customers to perform FMEDA-driven analog and digital verification of safety-critical semiconduc

Bridgestone Americas announced the launch of the all-new Bridgestone Alenza AS Ultra tire. Delivering an exceptional balance of wet, winter and wear performance, the Bridgestone Alenza AS Ultra tire is the company's most premium highway touring option for drivers looking for a luxury driving experience and year-round control from their SUV, CUV or truck. "The Bridgestone Alenza AS Ultra tire leverages our latest innovations throughout its design and engineering to deliver p

NSITEXE, a Japanese subsidiary of DENSO with strong expertise in automotive and high-performance semiconductor IP for multiple industries and Quadric, an innovator in high-performance edge processing, today announced they are partnering to leverage quadric’s processor IP together with NSITEXE’s processor IPs to develop safety solutions for automotive and other applications, such as autonomous driving, mobility-as-a-service (MaaS) and smart sensors. NSITEXE’s processor IPs ba

Cummins Inc., a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software features, Cummins will extend these core capabilities into the ADS space as well. Cummins is positioned to be a leader in its ADS technolo

Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts”), a leading recycler and reseller of original equipment manufacturer automotive parts, announced today the closing of the acquisition of the assets of University Auto Recyclers (“University”) in Pensacola, Florida. University is a full-service automotive recycling facility servicing the Florida panhandle, along with Alabama and Mississippi. This acquisition represents Fenix Parts' third location in

Power management company Eaton today announced its Vehicle Group has launched two aftermarket ELocker differentials for the 2018 and newer Jeep® Wrangler JL and 2020 and newer Jeep Gladiator® JT equipped with both manual and automatic transmissions. The electric locking differentials are a dependable option for the off-road enthusiast, needing just one wire to actuate and requiring no additional components such as air lines and compressors. The Eaton ELocker® differentia

SES Holdings Pte. Ltd. (SES), a global leader in the development and initial production of high-performance hybrid lithium-metal rechargeable (Li-Metal) batteries for electric vehicles (EVs) and other applications, has established the world’s first pilot production line capable of scaling up high-concentration, solvent-in-salt electrolyte production. The pilot production line is capable of synthesizing SES’s proprietary solvent and manufacturing a high-concentration solv