David Kiley

David Kiley

David Kiley is Chief of Content for The BRAKE Report. Kiley is an award-winning business journalist and author, having covered the auto industry for USA Today, Businessweek, AOL/Huffington Post, as well as written articles for Automobile and Popular Mechanics.

Brembo Enters Formula E Championship

ROME, Mich.–Times change, contexts change, but Brembo continues to take on new technological challenges. In the early 1970s, Alberto Bombassei (son of Emilio, founder of Brembo) was not much more than 30 years old when he approached Piero Ferrari, asking…

Ford CEO Says We May Be Overhyping AV Future

DETROIT, Mich.–While virtually every auto company is planning for an autonomous-vehicle future, and all the major brake suppliers in the world are developing smart brake systems as a key part of the technology, Ford CEO Jim Hackett says we may…

Akebono Speaks To Reorganization Plans

akebono brake

DETROIT, Mich.–Akebono Brake Industry Co. Ltd. said Monday that it is proceeding with a turnaround “business revitalization plan and profitability improvement measures” with an eye toward a meeting with creditors and preferred shareholders on June 11 and a final plan…

Insurance website boosts value of crash-avoidance tech

DETROIT, Mich.–Compare-autoinsurance.org says crash-avoidance technology can help drivers save money on their car insurance rates. Many newer car models come equipped with advanced crash-avoidance systems, dependent on smart-brake technology developed by brake tech companies and automakers. These advanced systems can…

Loss Of GM Business Forces Akebono To Reorganize

Akebono was named by Forbes as one of the 1,000 top American employers

DETROIT, Mich.–Evaporation of business with General Motors in North America short-circuited the growth plans of Japanese Akebono Brake Industry Co. Ltd. in the region, moving the company to close as many as three plants. Akebono is reorganizing with the help…

Textar Adds Audi Brakes To Product Line

Textar

LEVERKUSEN, U.K.–Premium brake brand, Textar, has added to its expansive aftermarket product range by manufacturing brake pads for the Audi A1 Sportback (GBA). Utilizing cutting-edge technology, Textar products are precision engineered to offer maximum safety, performance and comfort. This approach…

MEYLE Sponsors Drift United Series in 2019

HAMBURG, Germany– In 2019, the Hamburg-based manufacturer MEYLE will again be actively involved in motorsports and will continue its sponsoring activities in truck racing and in the DRIFT UNITED racing series. In addition, MEYLE will be the official sponsor of…

Porsche Taycan Takes Different Route With Brakes

STUTTGART, Germany–The forthcoming Porsche Taycan all-electric vehicle will utilize a regenerative braking system that is quite different from those used by other electric-vehicle companies such as Tesla, according to CNET Roadshow, which was able to do a ride-along with Porsche…

Icer Takes Silver Medal from IGMA

MADRID, Spain–The Innovation Gallery of Motortec Automechanika Spain awarded Icer with the “Silver Medal” in the category of Maintenance Components for introduction the Icer e² Brake Line. In recognizing Icer for the award, the IGMA noted the following innovations: 100…

ZF Bid To Acquire WABCO Could Hit Resistance

WABCO

DETROIT, Mich.–ZF Friedrichshaven’s proposed acquisition of WABCO (NYSE: WBC) for $7 billion highlights the importance of brake system tech companies in automakers’ pursuit of superior autonomous driving technology. The all-cash deal announced yesterday by the companies is for $136.50 per…

Bendix To Hold Ride-and-Drive in Cincinnati

CINCINNNATI, Ohio–Bendix will hold a regional ride-and-drive technology demonstration in Cincinnati, Ohio, as part of the 2019 season of its popular demo program. WHEN/WHERE:   April 9-11: Edgewater Sports Park, 4819 E. Miami River Rd., Cleves, Ohio 45002. DETAILS:            Any fleets and dealers…

WABCO Links With SmartDrive

ATLANTA, Georgia, USA – March 18, 2019 – WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of braking control systems and other advanced technologies for commercial vehicles, announced that it has collaborated with SmartDrive Systems, Inc. to provide safety-event…

Altra Industrial Motion Shares Off 10% Since Earnings Miss

DETROIT, Mich.–Shares of Altra Industrial Motion (NASDAQ:AIMC)are off 10% in the last month since the brake system maker reported an earnings miss of negative 7.1%. Analysts were surprised by the fourth-quarter falloff after three straight quarters of better-than-expected results. The…