Arlington, VA The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)®, on U.S. Department of Transportation Secretary Elaine L. Chao’s announcement of AV 4.0 at CES 2020: “CES is the showplace for vehicle tech innovation, and we’re thrilled Secretary Chao announced AV 4.0 on our keynote stage. Self-driving technology […]
RALEIGH, N.C. & HOFFMAN ESTATES, Ill., – Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand. This asset acquisition will give Advance the right to sell DieHard batteries, the most trusted brand in the automotive battery category, and enables Advance to […]
Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue. The proposed combination will be an industry leader with the […]
Woodcliff Lake, NJ – MINI USA is pleased to announce the U.S. market pricing on its all-new battery electric MINI Cooper SE. The 2020 MINI Cooper SE will reach US showrooms in early March of 2020 with a Manufacturer’s Suggested Retail Price (MSRP) of $29,900 plus an additional $850 Destination & Handling fee. “U.S. pricing […]
DETROIT – As General Motors moves toward its vision of a world with zero crashes, the company partnered with the University of Michigan Transportation Research Institute to understand the real-world effectiveness of some of its available active safety, driver assistance, and advanced headlighting features that may prevent or mitigate different types of crashes. The results […]
Mountain View, Calif (September 12, 2019)… BMW i Ventures announced an investment in Trifacta, the global leader in data wrangling. The new capital will accelerate the company’s continued expansion into new geographies and product areas, in particular expanding upon the company’s use of intelligent automation throughout the platform. “As we face an exponential growth in […]
Medinah, IL – August 14, 2019… The 2019 BMW Championship officially got underway today at Medinah Country Club in Medinah, Illinois, marking the event’s return to its traditional home in the Chicago area. Defending BMW Championship winner Keegan Bradley will look to become the first repeat champion since BMW became title sponsor in 2007, and […]
Emphasizing safety by design, 11 industry leaders across the automotive and automated driving technology spectrum today published “Safety First for Automated Driving,” (SaFAD), a non-binding organized framework for the development, testing and validation of safe automated passenger vehicles. These 11 leaders — Aptiv, Audi, Baidu, BMW, Continental, Daimler, FCA US LLC, HERE, Infineon, Intel and […]
DETROIT — General Motors Co. (NYSE: GM) today released “Transformation in Progress,” its ninth annual sustainability report to update employees, investors, policymakers, advocacy groups and customers on the aggressive moves the company made in 2018 to achieve its vision of a world with zero crashes, zero emissions and zero congestion. The report also extensively covers […]
Woodcliff Lake, N.J., and Spartanburg, S.C. – June 26, 2019… BMW of North America announced today the openings of two new technician training facilities in Spartanburg, SC and Atlanta, GA, and the expansion of training capacity in Ontario, CA and at the company’s headquarters in Woodcliff Lake, NJ. The $56 million investment will support the […]
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