Source: StradVision announcement SEOUL — StradVision, an AI-based vision processing company for autonomous vehicles (AV) and ADAS (advanced driver-assist systems), announced the opening of their second office in Germany, based in Dusseldorf. Further German expansion to enhance global OEM support…
Source: Haldex announcement LANDSKRONA, Sweden — The second brand from European brake and suspension manufacturer Haldex is Grau. That German brand of ABS valves, which was originally acquired in the 1990s from Echlin’s Midland-Grau Heavy Duty Systems, now stands for…
Source: Eplus3D post HANGZHOU, China — In the past few years, we have witnessed that 3D printing has been adopted by many different industries, from automobile to aviation industry. Urban transportation indeed benefits a lot from metal 3D printing. Railway…
Source: BBB Industries announcement DAPHNE, Ala. — BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates…
Source: TMD Friction announcement HARTLEPOOL, U.K. — TMD Friction, through its renowned Mintex braking brand, has expanded its exciting partnership with drifting star Pete ‘Peden’ Nielsen. The expanded sponsorship will see Mintex branding displayed prominently across the liveries of Crewsade…
Araxá, Brazil — CBMM, the world’s leading supplier of Niobium products and technologies, headquartered in Brazil, published the following explanation of Niobium’s abilities to both improve brake disc longevity and control production costs. Compared with other more expensive materials, a…
Source: Detroit announcement DETROIT – Detroit announced the addition of Active Side Guard Assist (ASGA) to the Detroit Assurance suite of safety systems (active driver-assist systems — ADAS) to improve safety in low-speed, passenger-side turns. Planned for production beginning Sept.…
Source: Subaru announcement Camden, N.J. – – Subaru of America, Inc. announced today that the 2022 Subaru Ascent 3-Row SUV received the highest possible rating from the Insurance Institute for Highway Safety (IIHS) for their side-impact test. The 2022 Ascent offers…
Source Volkswagen post HERNDON, Va. — As American streets have grown more crowded, the risks to pedestrians, cyclists and others who share those streets has increased as well. In the United States in 2019, a pedestrian was killed every 85…
Source: SEINSA announcement Madrid ––The SEINSA Corporation, an innovative company and leader in Europe in the automotive spare parts sector, most noteworthy in producing brake parts, signed an agreement with the main marketplaces for the online sale of its repair…
Source: Future Market Insights announcement NEW YORK – During the forecast period of 2022-2032, the lane departure warning (LDW) market is expected to grow at a compound annual growth rate of 9.7 percent, reaching $12.9 billion by 2032, according to…
Source: ADVICS announcement TORRANCE, Calif. – ADVICS, the leader in advanced braking technology and member of the AISIN Group of companies, is rolling out a new packaging design for its products beginning in May 2022. This rebranding push for the…
Source: TMD Friction announcement HARTLEPOOL, U.K. — Hartlepool-based automotive manufacturer TMD Friction has expanded its U.K. engineering excellence department to support further growth of the business. The global manufacturer of brake pads created the engineering team last year by bringing…
Source: Subaru announcement CAMDEN, N.J. — The 2022 Forester compact SUV has been named a 2022 TOP SAFETY PICK+ by the Insurance Institute for Highway Safety (IIHS). This marks the 16th-consecutive year Forester has earned an IIHS TOP SAFETY PICK. The 2022…
Source: Technavio announcement NEW YORK — The autonomous vehicles (AV) market size is expected to grow by 20.22-million units from 2020 to 2025. The growth momentum of the market will decelerate at a compound annual growth rate (CAGR) of 22.12…
Source: Neural Propulsion Systems announcement PLEASANTON, Calif./MUNICH – Neural Propulsion Systems (NPS), a pioneer in autonomous-sensing platforms, today announced that Peter Löscher, former CEO of Siemens AG, has joined the NPS advisory board as an Executive Advisor. Löscher is recognized…
Source: Lexus announcement PLANO, Texas — The new 2023 UX 250h brings urban dweller style and improved driving dynamics for the upcoming model year. Enhancements to the hybrid crossover deliver on what guests have been looking for with the addition…
CLOSED Hagman Search Group is conducting a Product Manager – Brake Caliper search for an industry-leading automotive supplier. Reporting to the Director of Product Management this position is responsible for developing the overall strategy and direction for the brake caliper…
Source: TMD Friction announcement HARTLEPOOL, U.K. — TMD Friction has pledged its support to established parts distributor Fleet Factors by wrapping two of its delivery vans with its iconic Mintex and Textar branding. Covering the Teesside area, Fleet Factors, a…
Source: Mercedes-Benz announcement ATLANTA — Mercedes-Benz USA, LLC announced Mercedes-Benz AG (the vehicle manufacturer), has determined that on certain model-year 2006-2012 ML, GL and R-Class vehicles, the function of the brake booster might be affected by advanced corrosion in the…
Source: Brembo announcement STEZZANO, Italy – Growth in virtually every business sector produced first quarter 2022 revenues for the Brembo Group of €857.6 million, up 27 percent (8.7 percent on a like-for-like exchange rate and consolidation basis) when compared to…
Source: Bendix Commercial Vehicle Systems announcement AVON, Ohio – In November 2021, Bendix Commercial Vehicle Systems LLC opened its new North American headquarters building, a light-filled gem of a structure set on a leafy-green, 56-acre campus in Avon, Ohio, just…
Source: Fact.MR announcement The automotive LiDAR market, which held a net worth of $430 million in 2020, is slated to surge to an estimated valuation of $3 billion by the end of 2031 according to a market study conducted by…
Source: CRC Industries announcement Horsham, Penn. – CRC Industries, Inc. announced its entitlement partnership with Pocono Raceway, as the track will host the NASCAR Camping World Truck Series for the CRC BRAKLEEN 150. CRC is an industry-leading global supplier of…
Source: Arbe Robotics announcement TEL AVIV — Arbe Robotics Ltd. (Nasdaq: ARBE), a global leader in next-generation Imaging Radar Solutions, announced that Alexander Hitzinger, former VW Group Senior Vice President of Autonomous Driving (AV) and a member of the management…