DETROIT, Mich-Delphi Technologies PLC (DLPH) first-quarter 2019 adjusted earnings per share of 67 cents beat the consensus mark by 12 cents, but declined 48.5% on a year-over-year basis. The reasons for the decline include unfavorable product mix, lower volume and…
DETROIT, Mich.–Significantly expanding its presence in Michigan, the B.R.A.K.E.S. (Be Responsible And Keep Everyone Safe) national teen defensive driving program today announced plans to hold weekend sessions in both Ypsilanti and Detroit in 2019. B.R.A.K.E.S.’ growth in the state – which is expected to continue with…
Chinese consumers hotter for AVs than Americans More than half of Chinese consumers can’t wait to get out from behind the wheel and into an autonomous car. That makes China more positive than most about driverless vehicles, with western consumers…
DETROIT, Mich.–Tenneco Inc. (TEN-NYSE) reported first-quarter 2019 results, with adjusted earnings per share of 52 cents, missing the Zacks Consensus Estimate of 94 cents by a wide margin. Also, the company’s bottom line declined from the prior-year quarter figure of $1.62.…
There is a mounting crash between new forms of urban mobility and legal liability. Electric-assist bikes, autonomous cars, ubiquitous scooters. Think about it. People who normally would go through the normal process of thoroughly evaluating whether to buy an electric…
HANOVER, Germany–Continental AG laid the foundation stone today for a new company headquarters building. CEO Dr. Elmar Degenhart and Executive Board members Dr. Ariane Reinhart and Wolfgang Schäfer hosted Wednesday’s ceremony at the construction site on Hans-Böckler-Allee. As such, construction…
DETROIT, Mich. The prospect of even more tariffs on China from the Trump White House is a considerable headwind to American manufacturing, including the auto sector, but manufacturing as a whole still expects solid growth this year, according to an…
DETROIT, Mich.–In 2018, inventors from across Bendix (Bendix Commercial Vehicle Systems LLC and Bendix Spicer Foundation Brake LLC) made their own lasting impact by earning 52 U.S. patents, the most ever for the company in one year. Spurred by their…
Article by: Narcís Molina, Project Manager, Braking Systems in Applus IDIADA Part 1 Part 2 DETROIT, Mich.–In the two first parts of the article, some aspects of the interaction between the chassis dynamics and the triggering, local and low-level stick-slip…
FREMONT, Calif.–Tesla is currently working on a new version of its Summon feature that enables its vehicles to autonomously navigate parking lots and pick up their owners on request. The latest version is becoming impressive as an owner demonstrated the…
STOCKHOLM, Sweden–Autoliv, the worldwide leader in automotive safety systems, announced that Frithjof Oldorff has been appointed President of Autoliv Europe and member of Autoliv’s Executive Management Team. He is expected to join Autoliv no later than September 2019. Frithjof Oldorff…
BARTLETT, IL–Winhere Brake Parts, Inc. announced the appointment of aftermarket industry veteran Russ Barker as its new Director of Sales. Prior to joining Winhere, Barker was the Director of Sales and Marketing for GB Remanufacturing. He brings over 26 years…
DETROIT, MICH.–Earnings were mixed for brake suppliers largely do to a slow down in auto sales and increased spending in r&d for technologies not yet sold through to the market. WABCO Holdings Inc. WBC canceled the first-quarter 2019 earnings call…
DETROIT, MICH.–Autonomous driving is coming. At what rate of arrival and development we can’t be sure. But automakers have dramatically pared back their r&d on internal combustion engines in favor of autonomous or self-driving vehicles. Before we see a lot…
AUBURN HILLS, Michigan–WABCO Holdings Inc. (NYSE: WBC), is taking its technologies on the road with its continuing series of demo days across the United States. WABCO Demo Days, which the company started more than two decades ago, allow customers to…
COLUMBUS, Ohio–Hexion Inc., a leading supplier of resins to friction companies, today announced that it has received final authorization from the U.S. Bankruptcy Court for the District of Delaware to access the full amount of its $700 million in committed…
NASHVILLE, Tenn.–A 2019 Nissan Altima recall of 5,744 cars will fix problems that can cause the cars to unintentionally roll away. Nissan says the problem can also cause the brake lights to stay illuminated even though drivers aren’t touching the…
SACRAMENTO, California–There is increased scrutiny on toxic metals pollution from vehicular and heavy equipment brakes by state and Federal regulators. The California Department of Toxic Substances Control (DTSC) has launched a survey targeted at manufacturers who plan to apply for…
SYDNEY, Australia.–Light-truck maker Fuso here has begun equipping its trucks with Advanced Emergency Braking (AEB) into its Canter product range. A collision aversion system relying on radar monitoring, AEB, is also being introduced as standard equipment across the Canter 4×2…
CERRITOS, Calif.–Brake supplier Dynamic Friction Company announced the unveiling of the DFC 5000 Euro Ceramic Brake Pads, the latest addition to its line of premium friction products. DFC Co-Founder Dino Crescentini stated, “We have been very cognizant of the braking…
MCHENRY, Ill.–Raybestos® has increased coverage of its ultra-premium Element3™ Coated Rotors with the recent addition of 46 new part numbers, according to Kristin Grons, marketing manager, Brake Parts Inc LLC (BPI). “The timing of our new Element3 Coated Rotor…
PITTSBURGH, PA–Union workers from Wabtec Corp.’s (NYSE: WAB) Wilmerding and Greensburg facilities gathered Saturday, April 27 to rally against the company’s proposed concessions as the workers face a contract that expires on May 1, according to UE Field Organizer Ben Wilson. Members…
MUNICH, Germany– Klaus Deller, the Chairman of the Executive Board of Knorr-Bremse AG, will leave the company on April 30 by mutual agreement. The Supervisory Board has already initiated the search for his successor. During the interim, the responsibilities of…
ZHEJIANG, China–SORL Auto Parts, Inc. (SORL) a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that its Board of Directors has received a non-binding preliminary proposal letter, dated…