BEIJING, China–SORL Auto Parts, Inc. has added to independent directors and formed a committee to properly assess the offer from a group led by its current CEO to take the company private. SORL is a leading manufacturer and distributor of…
ELYRIA, Ohio–Need evidence of how important foundational maintenance is to keeping vehicles on the road and operating safely? Try this: During last year’s Commercial Vehicle Safety Alliance (CVSA) International Roadcheck, brake systems, tires and wheels, and brake adjustment represented well…
Brake Pad Waste Collection Systems LOS ANGELES, Calif.–California can be a thorn in the side of the auto industry–stringent emissions regulations that are tougher than those at the federal level. But one area that California is leading on doesn’t have…
ZHEJIANG, China–SORL Auto Parts, Inc., a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today its financial results for the first quarter ended March 31, 2019. Net sales for…
Q: I have been with my company, a Tier 1 brake supplier, for seven years. I am getting restless. Is that a good enough reason to leave? Knowing when to seriously think about leaving your employer is a very tough…
KYOTO, Japan–HORIBA is expanding its test offering in Floersheim to meet increased customer testing demands. HORIBA, a leading supplier and innovator for complete test solutions, has acquired the stakes of HUEHOCO ANT in the Brake Test Center in Floersheim. This…
DETROIT, Mich.–TMD Friction, a global leader in brake friction technology, has received the first NAFTA OE approval for its innovative copper free air disc brake (ADB) pad material, TX7400N. Fabio Jurchaks, Vice President of NAFTA, stated, “The TMD NAFTA team…
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…
STOCKHOLM, Sweden–Veoneer expects to gain from a commercial delay in self-driving cars, betting that rising demand for its radar and camera-based systems as the industry ramps up to autonomy will boost its market position Forecasts on when autonomous vehicles will…
TOKYO, Japan–Three companies — telecommunications giant SoftBank, auto components supplier Denso, and Toyota — have combined for an investment of $1 billion in Uber’s autonomous vehicle (AV) unit. The size of the investment values Uber’s AV business at nearly $7.3…
Aeva’s groundbreaking 4D LiDAR technology enhances AID’s perception capabilities and increases vehicle safety while accelerating time to market for autonomous vehicles. MOUNTAIN VIEW, Calif.–(BUSINESS WIRE) – Aeva, the company building the next-generation sensing system for autonomous vehicles, today announced a…
ELYRIA, Ohio – When it comes to remanufacturing, Bendix Commercial Vehicle Systems LLC has long extolled its advantages, from quality to cost savings to sustainability. To put the benefits in numerical terms, the company cites 5,392 as one example –…
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…
The Right Maintenance Choices Directly Impact Safety and Total Cost of Ownership ELYRIA, Ohio – March 27, 2019 – There was a time when the North American market for commercial vehicle air disc brakes was a little less crowded – and…
Transaction brings together two leaders with highly complementary and innovative technology offerings to address future demand for advanced mobility in the area of commercial vehicles All-cash transaction at a premium to undisturbed price offers certainty of value and liquidity for…
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…
NORCROSS, GA (March 2019) – Dave McInnis has joined HDNABI North America Brake Industry as the Vice President of Sales, according to Yon Yu, CEO of HDNABI. “We welcome Dave to HDNABI and are excited to have him lead sales…
DETROIT, Mich.–Auto sales are dipping, and OEM stocks like General Motors and Ford are stagnant. But parts supplier Delphi Technologies, maker of brake pads, discs and other lines of critical auto supplies, is one of the biggest gainers among the…
ATLANTA — HDNABI North America Brake Industry will begin manufacturing air disc brakes and axles for the North American heavy-duty vehicle market from a new plant in Norcross, Ga. starting May 1. HDNABI will begin assembling a new technology-based performance…
Retrofit Availability of Groundbreaking Safety Technology to Begin in Fourth Quarter 2019 ELYRIA, Ohio – March 18, 2019 – Currently on the road in robust pilot programs with three of North America’s 25 largest for-hire carriers, the Bendix® Intellipark™ Electronic…
Company currently reaches 126 countries and grows with acquisitions Fras-le turned 65 on February 22nd 2019, celebrating one of the periods of largest international expansion in its history, notably in the last two years, with seven new operations in Brazil…
Trio of Model Lines Will Include Flagship Radar-and-Camera Collision Mitigation System ELYRIA, Ohio – March 8, 2019 – Helping to deliver a safer present, plus a proven foundation for the future, the Bendix® Wingman® Fusion™ enhanced collision mitigation technology is now…
Popular Ride-and-Drive Events Part of Robust Demonstration Program Offering Firsthand View of Advanced Technologies ELYRIA, Ohio – March 6, 2019 – The technologies on display are highly complex, but the reason Bendix hosts demonstrations to showcase them couldn’t be more simple:…
Long-term strategic cooperation Next generation of technologies for driver assistance systems and highly automated driving Flexible platform and shorter innovation cycles Technology to be market ready by mid-2020s Klaus Fröhlich: Consistent pursuit of scalable platform strategy and pooling of expertise…