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 approved a quarterly dividend of $0.96 per share.  "Based on the strength of our balance sheet and continued strong cash flow, we are pleased to provide our shareholders with a 10% increase in the cash dividend," said Penske Automotive Group President, Robert Kurnic

Perrone Robotics, a pioneer and leader in autonomous vehicle technology, is proud to announce the launch of its latest innovation, the TONY ADAS Kit. This advanced driver-assistance system is designed to bring cutting-edge safety and driver assistance features to a wide range of vehicles, both new and existing. The TONY ADAS Kit provides a comprehensive suite of automation and driver assistance functions. Leveraging the patented technologies from Perrone's renowned TONY AV Kit,

Teledyne FLIR, part of Teledyne Technologies Incorporated, today commends the National Highway Transportation Safety Commission (NHTSA) for finalizing a Federal Motor Vehicle Safety Standard that will require pedestrian automatic emergency braking (PAEB) on all passenger cars and light trucks by September 2029. More than three-quarters of pedestrian fatalities, and about half of pedestrian injuries, occur in darkness. The final rule places an upper bound on the requirement that a PA

Team members at Toyota's longest-running U.S. vehicle manufacturing facility cheered today as the ninth-generation Camry rolled off the assembly line for the first time. The 2025 Camry is powered exclusively with the fifth-generation Toyota Hybrid System, part of Toyota's multi-pathway approach to electrification. "Today would not be possible without our incredibly talented team members," said Kerry Creech, president of Toyota Kentucky. "Starting production of

A large vehicle manufacturing company has improved the way large vehicles are produced by integrating Automated Guided Vehicles into their assembly line. This innovative approach has broken previous production records and has increased production by 33%. The use of heavy-duty AGV systems has allowed the company to redefine efficiency and challenge production boundaries. Faced with the challenge of maneuvering massive vehicle bodies—weighing up to 10,000 pounds—from the m

The 2024 Hyundai Palisade is the winner of Cars.com's Three-row SUV challenge. Conducted over the course of a week, the comparison test featured seven SUVs that were evaluated in a number of areas important to families. After scores were tabulated, the Palisade emerged to top place - thanks in part to its classy refinement and host of desirable features. "The Hyundai Palisade conveys dignified refinement with clear differentiation worthy of a flagship SUV," said Ricky

BAE Systems a leader in electric propulsion, and Eaton, a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks. The solution offers original equipment manufacturers and commercial vehicle modifiers a comprehensive, efficient, advanced, and flexible EV system for a wide range of zero-emission platforms. In 2023, the two companies signed a memorandum of understanding to provide electric drive technology sol

SOUEAST Motor hosted the "Hi, SOUEAST" Global Investment Promotion Conference in Fuzhou, China, attracting hundreds of potential dealer partners from 23 countries. Accelerating Global Expansion "SOUEAST Motor aims to expand its presence to 80+ countries and regions, establishing 1,500 sales networks. We will invest in 10 KD factories and 3 manufacturing centers worldwide, aiming to achieve the strategic goal of 500,000 units in overseas sale

Keysight Technologies, Inc. and ETAS are partnering to provide automakers and automotive suppliers with a comprehensive automotive cybersecurity solution to ensure vehicles are protected when they hit the road. Through this arrangement, the ESCRYPT CycurFUZZ smart automotive fuzzer tool from ETAS will be integrated into Keysight’s Automotive Cybersecurity Test Platform. The growing connectivity of automotive systems exposes connected vehicles to cybersecurity risks that must b

eijin Automotive Technologies held a ribbon cutting today to celebrate the opening of its new topcoat and assembly facility in Huntington, Indiana. This new facility enhances the capabilities of the company’s existing Huntington facility, which include compression molding, bonding, water jetting, sanding and priming. The new 164,000 square-foot facility houses topcoat and assembly process to support the manufacturing of the Ford Bronco 4-Door modular painted roof program. The

Autel Energy Europe, a leading provider of electric vehicle charging products and services, successfully completed its Autel Partner Summit at the prestigious Muziekgebouw in Amsterdam. During the April 24-25 summit, Autel not only demonstrated its visionary European strategy, but partners also received unique insights into the company's vision and a complete overview of Autel's new, revolutionary product line. The summit brought together influential figures, key EV industry

Genesis today announced U.S. pricing for the new 2025 GV80 SUV. Starting from a manufacturer's suggested retail price (MSRP) of $57,700, the 2025 GV80 features exterior design and styling updates, as well as a comprehensive interior redesign, promising an elevated in-car experience with new convenience features for enhanced comfort. "The 2025 GV80 brings a new level of elevated cabin experience to the Genesis SUV lineup, making all occupants feel like honored guests

a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), today announced a four year extension to its non-revolving delayed draw term loan and revolving credit facility, and a two year extension of the draw down window for the term loan. The Company has entered into an agreement to amend i

See Southco’s latest Positioning Hinge and Latch solution for interior stowage applications in action! This solution introduces Southco’s recently launched ST-20L Constant Torque Embedded Hinge which offers a new solution for mounting small lids and display screens that need to be lifted and held securely in place, at any angle, and combines it with Southco’s proven P4 Midi Coupler latching mechanism, ideally designed for smaller storage compartments. Want to know

Toyota Motor North America  announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are prevalent in new electric vehicles. The focus of the research will be on cathode chemistries made of nickel, manganese, and cobalt "Having Argonne utilize our commercial battery products will hel