Press Releases

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 Topeka, 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 ever

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Bridgestone Americas, Inc. (Bridgestone) announced its premium tire lines have been specified as original equipment on the fourth-generation BMW X5 and the new BMW X7 luxury sports activity vehicles. Continuing its longstanding relationship with BMW, Bridgestone is supplying an assortment of tires in 15 different sizes and patterns from the company's Bridgestone Alenza and Bridgestone Blizzak tire lines. "The design and application of a tire plays an important role in ensur

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Today Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation. Executives from both companies and Zhenjiang government officials attended the celebration. The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter of 2019. This joint ven

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Tint World® Automotive Styling Centers™, a leading auto accessory and window tinting franchise, announced today the opening of its second Canadian location in Mississauga under the ownership of local entrepreneurs Graham and Angie Kingma. This is the first of two store locations awarded to the Kingmas, which will serve the Mississauga, Oakville, Milton, Brampton, Etobicoke, Toronto and Vaughn areas. "Tint World's® branding, marketing power, and operational exc

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With a formal ceremony, Röchling Automotive has celebrated the opening of its new production plant in Ko?ovce in Slovakia close to Nové Mesto nad Váhom. With the new plant, the company serves the increased demand for its technologies while continuing to expand its storage and production capacities. The approximately 80 highly qualified employees at the site will soon be producing Active Grille Shutters, underbody panels, wheel arch liners and air filters for the global auto

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After 35 years of automotive industry accomplishments, and close to five decades of racing milestones, Steve Saleen is only just getting started. The legendary racer-turned-automaker is celebrating the 35th anniversary of his founding of Saleen Automotive to announce “Vision 2020,” a major five-year expansion plan for the California company starting next year – which, thanks to pioneering new model launches and a global business partnership, will be the most eventf

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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, today announced the acquisition of five Volkswagen franchises in the UK.  This transaction includes four Volkswagen franchises and one Volkswagen Commercial Vehicle franchise located east of London in the county of Essex.  This territory is contiguous with several other existing automotive dealerships currently owned and operated by Group 1 Automotive in the UK.  Specifically, the acquired operations a

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KW automotive, the suspension manufacturer, has already developed the first in the market full adjustable coilover suspension kit for the latest Toyota GR Supra (JTSC). With the KW Variant 3 coilover suspension, the Japanese sports car dynamics of lateral motion will improve without sacrificing tire comfort in daily life. On undulating asphalt surfaces, the KW suspension dampens harmoniously and prevents bumpy driving behavior. The pitch and roll movements of the bodywork are noticeably reduc

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Copart, Inc., a global online vehicle auction company today announced the opening of its new location in Buffalo, New York, the second largest city in the state. The Buffalo facility is the sixth in the state and will complement Copart's Rochester location in providing capacity for operations in the western part of New York. "Expanding our business to Buffalo is another step in creating a denser network of facilities in the state, allowing us to address the increasing deman

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Genuine Parts Company announced today an acquisition for its European Automotive business. Alliance Automotive Group (AAG), the Company's wholly-owned automotive distribution company based in London, U.K., has entered into a definitive agreement to acquire Todd Group (Todd). The transaction is expected to close in the fourth quarter of 2019 and is contingent upon satisfaction of customary closing conditions and receipt of applicable regulatory approvals. Todd, based in

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Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Metrolube Companies, has opened a new Valvoline Instant Oil ChangeSM (VIOC) service center in the northwest Arkansas metropolitan area. 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

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Karamba Security, a world leader in automotive and enterprise edge cybersecurity, today announced the signing of a production agreement of its leading Carwall® runtime integrity software, in Alpine infotainment systems. The platform provides an ECU self-protection against remote code execution (RCE), helping to protect vehicles from cyberattacks. Protection against cyberattacks is critical in order to safeguard customer safety in the connected and autonomous vehicle er

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Ford Motor Company and Volkswagen AG today announced they are expanding their global alliance to include electric vehicles – and will collaborate with Argo AI to introduce autonomous vehicle technology in the U.S. and Europe – positioning both companies to better serve customers while improving their competitiveness and cost and capital efficiencies. Volkswagen CEO Dr. Herbert Diess, Ford President and CEO Jim Hackett as well as Argo AI CEO Bryan Salesky announced Volksw

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Kalray, a pioneer in the field of processors for new intelligent systems, and eSOL, a leading developer of real-time embedded software Solutions today announce the availability of the eMCOS POSIX 1 Real Time Operating System (RTOS) from eSOL on the MPPA® intelligent processor from Kalray. This is to meet the increasing and high standards of performance and safety in the markets for vehicles, industry and medicine. The support extends the already existing eMCOS core profile, which has alre

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DENSO Corporation and Toyota Motor Corporation today agreed to establish a joint venture* for research and advanced development of next-generation, in-vehicle semiconductors. The two companies will study the details and aim to establish the new company in April 2020. Recently, electronic controls have been increasingly implemented into vehicles. Furthermore, the number of in-vehicle semiconductors has also grown, and the performance of these semiconductors has continuously improved.

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