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: Brembo announcement BERGAMO, Italy — Brembo, a leading company in the development and production of high-performance braking systems, has announced BREMBO HACKATHON, its first hackathon event, to be held from June 24 – 26, at Kilometro Rosso, the innovation…
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…
FOUNTAIN VALLEY and IRVINE, Calif. – Hyundai Motor America and Kia Motors America are issuing a recall of certain model-year 2022 Hyundai Ioniq 5 and Kia EV6 vehicles to address a potential fault which would allow the electric sport utility…
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…
SIDNEY – Ferrari Australasia PTY Limited recalled nearly 1,000 model-year 2010-2019 sports cars due to a brake-fluid reservoir issue which might diminish braking capability. According to Australian government Department of Infrastructure, Transport, Regional Development and Communication recall report, certain examples…
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…
Source: Subaru announcement Camden, N.J. — Subaru of America, Inc. announced the 2023 Legacy midsize sedan with updated styling and new safety and in-vehicle technologies. The sedan comes standard with the latest generation of EyeSight® Driver Assist Technology and the enhanced…
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…