Press Releases
5 September 2019
Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Metrolube Companies, has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in Shawnee, Oklahoma. 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
Read more...4 September 2019
DENSO Corporation, the world's second largest mobility supplier, will be showcasing new mobility solutions at the Frankfurt Motor Show (IAA) in Germany, Frankfurt Messe, Hall 9, from the 10th to the 22nd of September 2019. Shaping the future of mobility At the show DENSO will feature some of its latest developments in automotive technology as part of its long-term commitment to accelerate future mobility and to maximize its contribution to the Sustaina
Read more...Promotional activities rev up ahead of Automechanika Shanghai’s 15th edition. On 2 September, celebrations jumped into action at the Bellagio Shanghai. Over 180 industry leaders, organisers, long-time supporters, partners and media came together to reflect upon the show’s history and place in the market. The event also laid out the show’s future roadmap under the backdrop of development across the entire automotive industry, both in China and abroad. Ms Fiona Chiew
Read more...3 September 2019
Teijin Limited announced today that it has completed the acquisition of Benet Automotive s.r.o. (Benet), a leading automotive composite and component supplier in the Czech Republic, from Jet Investment. The acquisition was completed on August 30, Central European Time. Teijin will benefit from Benet's automotive composite technologies and its well-proven supply record; these will serve as a solid foundation on which to further strengthen Teijin's solution development capabil
Read more...31 August 2019
3D Systems and TOYOTA Motorsport GmbH, a wholly owned subsidiary of TOYOTA Motor Corporation, today announced they have entered a partnership to change automotive engineering. TMG is recognized as a global leader in motorsport, providing services to external clients as well as members of the Toyota family from its high-performance testing and development facility located in Cologne, Germany. 3D Systems pioneered the 3D printing industry and is renowned for its unparalleled additive manufactur
Read more...30 August 2019
Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that is has acquired a quick lube in Murfreesboro, Tennessee that is now operating as a company-owned 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 customer, e
Read more...29 August 2019
Nexen Tire, the leading global tire manufacturer, is pleased to announce the official inauguration and ribbon cutting ceremony of the Nexen Tire European plant in Zatec. , Czech Republic, which took place on Wednesday, August 28 at 10am. The opening ceremony of the European Nexen Tire factory took place with the motto "The new wave for the future", which marks the new era of Global Nexen. Over 300 guests attended, including Travis Kang , Nexen Tire Global Executive Directo
Read more...28 August 2019
Linglong Tire and Geely Automobile signed a comprehensive strategic cooperation agreement in Ningbo . Guan Yu, vice president of Geely Automobile Group, and Wang Feng , chairman of Linglong Tire, attended the signing of the contract along with other top representatives from both companies. Linglong and Geely have been cooperating since 2012. For eight years, Geely has been excellently supported by Linglong with OE services (products and service) for its complete model range. Linglon
Read more...Dana Incorporated announced today that it has completed the acquisition of Nordresa Motors, Inc., which is a prominent integration and application engineering expert for the development and commercialization of electric powertrains for commercial vehicles. Terms of the transaction were not disclosed. The investment further enhances Dana's electrification capabilities by combining its complete portfolio of motors, inverters, chargers, gearboxes, and thermal-management produ
Read more...24 August 2019
Honda today announced the development of an innovative new passenger front airbag technology designed to better protect occupants in a wide range of frontal collision scenarios, including angled crashes between vehicles or a vehicle and another object. Honda plans to begin applying its advanced airbag design to new products in the United States in 2020. Development and testing of the new airbag was led by engineers at Honda R&D Americas, Inc. in Ohio in partnership with Autoliv,
Read more...23 August 2019
Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, today announced that it has signed a definitive agreement to acquire certain business assets of Minit Lube in Alberta, Canada. The acquisition is expected to be complete during the fourth quarter of fiscal 2019. Financial terms were not disclosed. Minit Lube, based in Calgary, Alberta, was founded in 1978, launched the first quick lube service center in Alberta and currently includes
Read more...22 August 2019
Hino ushered in a new era of manufacturing capability during a Grand Opening Ceremony that was attended by Governor Justice, Senators Manchin and Capito, Congressman McKinley, local government officials, dealers, customers, suppliers and media. The attendees took part in a tour of Hino's nearly 1,000,000 sq. ft. facility in Mineral Wells, WV, a tree planting tradition and a Kagami-Wari ceremony to consummate Hino's growth commitment to the U.S. Hino Motors Ltd. Preside
Read more...21 August 2019
Webasto, one of the Top 100 automotive suppliers worldwide, celebrated the opening of its new plant in Irapuato on August 20. Since 2008, the company has produced roofs in Irapuato for various automobile manufacturers with locations in Mexico and Brazil. Here, Webasto also produces components for its own plants in the USA. Due to increased demand in recent years, the company has invested 28 million USD in building a new, considerably larger location. At the opening ceremony, Webasto US CEO an
Read more...Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today that it has opened a new company-owned Valvoline Instant Oil ChangeSM (VIOC) service center in Lynchburg, 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 is Valvoline
Read more...19 August 2019
Automechanika Shanghai digs in deep and gives prominence to the latest global trends in OE and the aftermarket. Several zones and events will highlight a multitude of growing areas, such as Body & Paint in the Repair & Maintenance sector. The show will also delve into new business models for the proliferating service and chain store segment, and expand upon the prosperous customising culture. In recent years, the automotive aftermarket has been both an essential and strong s
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