BARTLETT, Ill. – Bremskerl North America, Inc. announced today that it has separated its commercial vehicle business unit into a new entity, Bremskerl CV, LLC, which will be led by former Sales Manager Michael Konrad. The new entity will focus…
BARTLETT, Ill. — Bremskerl North America, Inc. announced Logan Mayfield has been promoted to National Sales Manager to replace Michael Konrad, who is leaving the organization after 14 years to pursue a new opportunity. In his new role, Mayfield will…
HARTLEPOOL, U.K. — Braking specialist TMD Friction UK has introduced two new brake disc references to its premium Textar brand product range, as the company continues to develop new products to meet the needs of the constantly expanding vehicle parc.…
Vienna, Austria – Meet Frimeco, a family enterprise founded by Josef Weber in 1995. For nearly three decades, Frimeco has been committed to producing and marketing high-quality materials for the global friction industry. With its cutting-edge manufacturing facility in Sarajevo…
BURLINGAME, Calif. — Coherent Market Insight has published a new research study titled Automotive Brake System Market 2023 analysis by the following topics: “industry size, share, growth, segmentation, manufacturers and developments, key trends, market drivers, restraints, regulations, distribution methods, opportunities,…
FRANKFURT AM MAIN, Germany — Technology company Continental supplies Chinese car manufacturer Changan with its new generation of electronic brake systems (EBS) for Electronic Stability Control (ESC), the MK 120 ESC. This marks the first time that the MK 120…
STEZZANO, Italy – Brembo recently reported Q1 net consolidated revenues amounted to €961.9 million, up 12.2% (+11.6% on a like-for-like exchange rate basis) compared to the first quarter of the previous year. “The results of the first quarter of 2023,…
LONDON — Future Market Insights’ analysis reveals that the automotive brake shims market is estimated at $562 million 2022 and is projected to reach a valuation of $930 million by 2032 at a compound annual growth rate (CAGR) of 5.2%…
STANSTEAD, U.K. – EuroBrake Strategy Panel 2023: Effects of the Euro 7 (EU7) regulation on brake system development and homologation will be a major program at the upcoming EuroBrake 2023 Sept. 12 – 14 in Barcelona. The new Euro 7…
NEW YORK – According to the recently published Global Automotive Brake System Market size report by Market.us Study, the market is expected to be worth around $60.6 billion by 2032 from up from $37.3 billion in 2022, growing at a…
LONDON — The adaptive cruise control (ACC) market is capturing a valuation of $4.1 billion in 2023 and is predicted to reach $13.7 billion by 2033. The market is registering a compound annual growth rate (CAGR) of 12.7 percent during…
TAPPAHANNOCK, Va. – FDP Virginia Inc., a manufacturer and supplier of aftermarket brake components, announced it will open a new North American friction manufacturing plant near Mexico City in early 2024. The plant will expand FDP’s global production capability for…
SHANGHAI — During the recent Brembo 2023 press conference held at the Shanghai Auto Show, event, the company showcased its leading intelligent braking system SENSIFY, high-end brake solutions, cutting-edge braking technologies, Revelia e-commerce platform and its new brand identity, all…
SHANGHAI — At Auto Shanghai 2023, ZF Group showcases its latest innovations for electric, software-defined, and automated vehicles. For the first time in four years, Auto Shanghai 2023 – one of the leading shows of the global automotive industry –…
STANSTEAD, U.K. – FISITA announced the EuroBrake 2023’s first day of technical sessions. The Sept. 12-14 event in Barcelona will begin with the following technical sessions: TECHNICAL SESSION 1 Brake squeal simulation Real world brake PM emissions measurement Brake rotor…
CAXIAS DO SUL, Brazil – Keeping life in motion through an ecosystem of smart and sustainable solutions. With this mission, the Brazilian multinational Fras-le presents to the market a new corporative brand. The company is renamed Frasle Mobility, reinforcing its…
CHAPEL-EN-LE-FRITH, U.K. – Leveraging its comprehensive material science expertise, Tenneco´s FERODO original equipment (OE) braking business has introduced advanced copper-free hybrid friction material composites that simultaneously serve braking performance and comfort requirements in both internal combustion engine (ICE) and electric…
LONDON — The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent compound annual growth (CAGR) of 4.8 percent during the forecast period from 2022 to 2032, according to a recently published study…
EDISON, N.J. — Advance Market Analytics published a new research publication on Brake Linings Market Insights, to 2027 with 232 pages and enriched with self-explained tables and charts in presentable format. In the study you will find new evolving trends,…
LOS ANGELES – -Motorcar Parts of America Inc. (MPA, Nasdaq: MPAA) announced it has added more than 100 new late model vehicle part number applications to its catalog in the last four months, providing coverage for more than 40 million…
NEW YORK — Reportlinker.com announces the release of the report Global Automotive Aftermarket Brake Friction Parts Industry and predicts the global automotive aftermarket brake friction parts market will reach $4.7 billion by 2030. In the changed post COVID-19 business landscape,…
FRIEDRICHSHAFEN, Germany — In the beginning of 2023, the first production vehicles with the new ZF cubiX software have been rolling on the roads: The Lotus Eletre electric SUV from the Geely Group has been delivered to the first customers…
HANOVER, Germany — Despite the challenging macroeconomic environment, Continental achieved its adjusted sales and earnings target in fiscal 2022. The company’s performance was particularly impacted by the effects of the war in Ukraine, the restrictions due to the coronavirus pandemic…
CAXIAS DO SUL, Brazil —In 2022, Randon Companies reached the highest consolidated net revenue in its 74 years. BRL 11.2 billion were booked, which represents an 23-percent increase in comparison with the accumulated result of the previous year. The amount…
ODENSE, Denmark — Meneta Group is pioneering in the international automotive industry by committing to fossil-free steel from SSAB for its global production of components and sealing materials, mainly for the automotive industry. From 2026, Meneta expects initial Scope 3…