Press Releases

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that it has opened another new company-owned Valvoline Instant Oil ChangeSM (VIOC) service center in Virginia. 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. This also makes the third company-o

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BlackBerry Limited today announced that Hyundai Autron has selected BlackBerry QNX to power its next-generation advanced driver-assistance systems (ADAS) and autonomous driving software platform. Hyundai Autron, a subsidiary of South Korea's largest automobile manufacturer Hyundai Motor Group, is a leading research and development company specializing in electronic control software and automotive semiconductors. Hyundai Autron will use the QNX® OS for Safety, a software solu

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As part of its commitment to mobility and helping people find better ways to go places, Toyota Motor North America, Inc. ( TMNA) today announced several changes to further improve unprecedented modifications in the automotive landscape. With immediate effect, TMNA will establish an Manufacturing Project Innovation Center (MPIC), a new group based at its headquarters, which will be led by Mike Bafan , vice president of the group. Bafan will continue to be president of Toyota Motor Ma

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The Daimler Group launched its new corporate structure as planned on November 1, 2019. The separation of the car and van and the truck and bus businesses to two new subsidiaries took effect at the end of October with their respective entries in the commercial register. Three legally independent stock corporations now operate under the parent company Daimler AG: Mercedes-Benz AG is responsible for Mercedes-Benz Cars & Vans. All Daimler Trucks & Buses activities are conducted

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Cooper Tire & Rubber Company announced plans to increase its participation in the JV / joint investment in the tire manufacturing plant, Corporation of the West, SA de CV (COOCSA), from 58 percent to 100 percent. Cooper y Trabajadores Democráticos de Occidente SC de RL de CV (TRADOC), who own 42 percent of the joint investment, have entered into a definitive contract that establishes the terms under which Cooper will acquire TRADOC's stake in COOCSA. Today, most TRADOC members

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Seebo, a pioneer in process-centric Artificial Intelligence, announced today a new cooperation, with ŠKODA AUTO, the leading Czech car manufacturer. ŠKODA and Seebo have partnered in order to predict and prevent losses in ŠKODA's engine production lines by using Seebo's unique process-centric AI solution. The deployment of Seebo Predictive Quality will be carried out in ŠKODA's automotive production lines, to optimize manufacturing processes and reduce

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ATC Drivetrain, a leading independent global remanufacturer of automotive drivetrain components, announced today that it has launched a joint venture with Luwote (Zhangjiagang) Power Remanufacturing Technology Co., Ltd. ("Luwote") in Zhangjiagang, China. The joint venture will focus on providing a local solution for the remanufacturing of automotive engines and transmissions for ATC's existing global customer base in China as well providing local automobile manufacture

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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

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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

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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

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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

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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

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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

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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

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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

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