The BRAKE Report spoke to Sergio Carvalho, the CEO of Fras-le, about the company and its recent expansion. At the time of the conversation, Carvalho was in Alabama, where Fras-le has a facility in Prattville. Fras-le’s recent growth was capped…
WABCO’s new American headquarters officially opens today. The $20 million building is located in Auburn Hills, Michigan. It reflects a new culture at WABCO and new priorities for the future. WABCO CEO Jacques Esculier hosted the ceremony along with Jon…
A train derailed in Taiwan on Sunday, causing a number of fatalities and injuring hundreds of passengers. Two theories emerged as to why the train went off the tracks, both involving brakes. According to a CNN article on the Taiwan derailment,…
After its IPO Friday, German brake conglomerate Knorr-Bremse is officially a public company. According to Transport Topics, Knorr-Bremse’s majority shareholder, Heinz Hermann Thiele, now has a net worth of about $15.3 billion. According to the site: Knorr-Bremse was founded in 1905,…
2018 has been a big year of investment for Lumag. Not only has the company celebrated its 30th anniversary but it also saw the company dig deep and place significant investment into its services, manufacturing capabilities and resulting products. The…
[dropcap]S[/dropcap]AE Brake Colloquium kicks off this Sunday. In anticipation of the yearly event, The Brake Report spoke with three exhibitors. Cardolite creates industrial products from cashew nut shell liquid (CNSL). Bruker creates high-end scientific instruments. Dekati specializes in manufacturing tools…
Sangsin Brake Welcomes Jeff Coggins as the Vice President of Sangsin Brake America DULUTH, GA (October 11, 2018) – Jeff Coggins has joined Sangsin Brake as the Vice President of Sangsin Brake America, according to H.J. Song, President of Sangsin…
You may have seen the headlines about a fatal limo crash in New York state. The limo sped through a stop sign at the bottom of a hill before hitting a car and spinning into a ditch. In the crash,…
Stockholm, Sweden, October 10, 2018: Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has developed the “Zeus” supercomputer – designed to meet the requirements…
[dropcap]I[/dropcap]magine the proud owner of a new vehicle, one equipped with a dazzling array of driver-assistance features. The owner drives the car off the lot and is soon on the highway. The driver has decades of experience behind the wheel,…
[dropcap]A[/dropcap]t this year’s SAE Brake Colloquium, Michael Schorn is being awarded the Forest R. McFarland Award for his contributions to the SAE Engineering Board. Michael has been participating in the SAE Brake Colloquium for about 20 years and has contributed as a…
MCHENRY, Ill. – Oct. 9, 2018 – In the aftermath of Hurricane Florence, Brake Parts Inc (BPI) has made a donation to the Automotive Aftermarket Charitable Foundation (AACF) to support their efforts to help auto care industry members affected by…
MENLO PARK, Calif., Oct. 9, 2018 /PRNewswire/ — Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, today announced it is investing in Perceptive Automata to develop artificial intelligence software for self-driving cars and automated systems. Perceptive Automata, a startup based in Somerville, Mass. with…
An investigative journalist in Tennessee has been looking into brake problems with Ford F-150s. Jeremy Finley works for WSMV television station and first reported on the issue in August. According to his research, hundreds of complaints have been lodged. The NHTSA…
German manufacturer Knorr-Bremse reports a high level of interest in its upcoming IPO. In fact, the company is shortening its pre-sale offer period by a day. This pre-sale period is an opportunity for very large investors to purchase large blocks…
[dropcap]M[/dropcap]eneta is on the move. That’s the message from Kim Oestergaard, a 25-year veteran of the automotive business. He is the head of Meneta Germany, Meneta Advanced Shim Technology Denmark, and Meneta North America. Meneta is investing in its business…
Anna van der Breggen was off the front of the world championships road race for 43 kilometers — plenty of time to look closely at her bike. And what did we see? A first at elite world championships: Disc brakes, on the winner’s bike. Read…
September vehicle sales numbers are in, with three major headlines: Vehicle sales are way down from September 2017. One main reason is that last year’s numbers were artificially high due to Hurricane Harvey, which forced many buyers to purchase new…
The Brake Report is happy to introduce this new quarterly feature. Every three months we’ll round up information on the stock performance of public companies in brake manufacturing. We’re also happy to introduce a new tool for the brake community:…
In April, Tenneco announced plans to purchase Federal-Mogul for $5.4 billion. Today the Tenneco Federal-Mogul acquisition is complete. Federal-Mogul makes Ferodo and Wagner brake products, along with many other leading auto parts brands. Federal-Mogul had been part of investor Carl…
Roadstar.ai, a world leading SAE level-4 autonomous technology pioneer, announced today it has selected AWare™, Renovo’s production-grade OS for automated mobility, as its development and commercialization platform. Roadstar.ai gains access to the ecosystem of AWare-compatible vehicles, sensors, and other third-party technologies…
Mass production of “Mugunghwa-100,” a core electronic brake system, attracts attention from clients Automobile parts company Mando (CEO Chung Mong-won) hosted “Flawless Launching Ceremony” for MGH-100 (Mugunghwa-100), an electronic brake system (EBS) at Brake Business Headquarters in Pyeongtaek, Gyeonggi-do on September 18,…
[dropcap]T[/dropcap]he 36th SAE Brake Colloquium kicks off October 14. The annual event is changing to keep pace with new technology and audience expectations. This year’s Colloquium features two new formats. On Sunday, two tutorials help industry professionals anticipate the brakes…
The National Transportation Safety Board (NTSB) released 11 recommendations to reduce fatal accidents that involve pedestrians. In 2016, there were a total of 5,987 pedestrian deaths, the most since 1990. The NTSB recommendations include: Develop performance test criteria for vehicle…
[dropcap]A[/dropcap]n engineer by training, Andrew Halonen of Mayflower Consulting, LLC, has spent two decades helping make vehicles lighter and connecting people in the lightweighting world. The Brake Report spoke with Andrew as he prepared for Lightweighting World Expo, taking place in Novi,…