Latest Headlines

  1. Standard Motor Products, Inc. To Acquire European Aftermarket Supplier Nissens Automotive 7/10/2024

    Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced it has reached a definitive agreement to acquire AX V Nissens III APS ("Nissens"), a leading European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control technologies, for approximately $388 million (€360 million) in cash from Nordic private equity firm Axcel and the Nissen family. Nissens has annual revenues of approximately $260 million with a mid-teens EBITDA margin rate

  2. HARMAN And CARIAD Announce Growing Ecosystem With New Apps Within Volkswagen Group Vehicles 7/3/2024

    HARMAN, alongside CARIAD, the automotive software company of Volkswagen Group, today announced new collaborations across key industries to enrich the in-cabin experience with newly available apps

  3. Luminar Launches Sentinel Software For Automakers 7/3/2024

    Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced it is launching Sentinel1, its full-stack software suite, following five years of breakthrough developments in Software and AI systems

  4. Mitsui Chemicals And ARRK Supply Materials For High-Performance Concept Car 6/26/2024

    Mitsui Chemicals, Inc. (President & CEO: HASHIMOTO Osamu) and subsidiary ARRK Corporation (Osaka; President & CEO: MOROZUMI Naoki) today announced that materials developed by the two companies have been employed in a high-performance concept car based on the Toyota Fortuner.

  5. DXC Luxoft And ECARX Partnership Boosts Advanced Innovation Capabilities For Automotive Manufacturers 6/25/2024

    ECARX (Nasdaq: ECX) and DXC Luxoft (NYSE: DXC) today announced they will work together to accelerate the development of in-vehicle capabilities, resulting in enhanced infotainment, digital cockpit and advanced driver assistance systems, and enabling a better user experience for drivers.

  6. Renesas' R-Car Open Access Platform Accelerates Software-Defined Vehicle Development With Market-Ready Software 6/20/2024

    Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today launched R-Car Open Access (RoX), a development platform for software-defined vehicles (SDVs) that integrates all essential hardware, operating systems (OS), software and tools needed for automotive developers to rapidly develop next-generation vehicles with secure and continuous software updates.

  7. More Economical, More Space, More Power - GAC EMZOOM Redefining Innovation On Global SUV Market 6/20/2024

    GAC EMZOOM has swiftly risen to global prominence since its launch. Embracing a blend of contemporary design, cutting-edge technology, and superior performance, the compact crossover SUV has secured its place in key markets worldwide.

  8. Divergent Announces Partnership With Bugatti For Design And Manufacturing Of Tourbillon Structures 6/20/2024

    Divergent Technologies, Inc. (Divergent) today announced a foundational partnership with Bugatti Automobiles S.A.S through which Divergent will utilize the Divergent Adaptive Production System (DAPS™) to design, engineer, additively manufacture, and assemble chassis and suspension components for Bugatti's upcoming hypercar, the Tourbillon.

  9. Magna Awarded Reconfigurable Seating Business With Chinese OEM 6/18/2024

    For more than 65 years, Magna has helped redefine the very concept of consumer experience and design in the vehicle.

  10. Tenneco Unveils Advanced Hydraulic Rebound Stop System For Monroe® OE Solutions Passive Dampers 6/17/2024

    Tenneco, one of the world’s leading providers of passive and electronic dampers for automotive applications, has unveiled an innovative, highly tunable hydraulic rebound stop (HRS) system that minimizes damper rebound topping energy and noise encountered in BEVs and other comparatively heavy passenger vehicles ensuring optimal energy absorption.