Automotive Press Releases

Big & Bold Visions By The Dozen: MTC and ABAG Announce Transformative Project Finalists
October 22, 2018

SAN FRANCISCO, Oct. 22, 2018 /PRNewswire/ -- The Metropolitan Transportation Commission (MTC) and the Association of Bay Area Governments (ABAG) today announced the selection of six Transformative Transportation Projects -- plus six transformative operational strategies -- as finalists in a public competition launched earlier this year to solicit big, bold and billion-dollar (or more) ideas for improving mobility across the nine-county Bay Area. The campaign is part of the Horizon initiative undertaken by MTC and ABAG to explore a wide range of the challenges and opportunities the Bay Area may face by 2050.

MTS Improves Race-Winning Electric Motor Technology For Formula E
October 22, 2018

EDEN PRAIRIE, Minn., Oct. 22, 2018 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced further power density improvements to its industry-leading electric motor and inverter technology for motorsport. Power density--packing more power into smaller, lighter motors--is a key component of successful racing. Leveraging experience and technology gained from developing energy recovery systems for Formula 1 racecars, MTS has developed its smallest, most lightweight and powerful electric motor system to date for use in the FIA Formula E Championship Series.

New Study Shows How 16-24-Year-Olds Drive And Accessorize Their Cars
October 22, 2018

DIAMOND BAR, Calif., Oct. 22, 2018 /PRNewswire/ -- Does the generation that grew up with cell phones and connects with friends and celebrities from all over the world still have the need and desire to drive cars? What percentage of youth would rather give up their phone over their car? These questions and more are answered in the new 2018 SEMA Young Accessorizers Report. The research report was developed to help automotive parts companies understand how to connect with and provide products for this emerging consumer group.

Karma CEO Unveils 'Road To Future Success' Business Plan To Employees
October 22, 2018

IRVINE, Calif., Oct. 22, 2018 /PRNewswire/ -- A detailed business and product strategy was outlined by Karma Automotive CEO Dr. Lance Zhou during all-employee gatherings at the automaker's headquarters in Irvine, Calif., its assembly plant in Moreno Valley, Calif., and its Michigan Technical Center in Troy, Mich.

Dealertrack Expands Hyundai Motor Finance and Kia Motors Finance Contracting Partnership Driving Increased Efficiency
October 22, 2018

NORTH HILLS, N.Y., Oct. 22, 2018 /PRNewswire/ -- Dealertrack announces the expansion of its partnership with Hyundai Motor Finance and Kia Motors Finance making Dealertrack Contracting available in 39 states--including Texas, California, New York, Florida, Arizona. Currently, Dealertrack's proprietary contracting offering will enable Hyundai and Kia Motors dealerships to more accurately submit automotive contracts electronically to their captive lenders in real-time resulting in funding as fast as same day. Dealertrack Contracting, which is expected to roll out across all 50 states by the end of October, eliminates the cost and hassle of the traditional and mistake-prone approach with the use of electronic validations, mobile signing, and immediate delivery of funding packages. This milestone announcement underscores the scaled growth of electronic contracting usage by captive finance companies, with Hyundai Motor Finance's and Kia Motors Finance's enrollment rate nearing 35 percent across the manufacturer's more than 1,600 dealers nationwide.

Karma Automotive Announces Limited Aliso Edition
October 22, 2018

IRVINE, Calif., Oct. 22, 2018 /PRNewswire/ -- Luxury electric automaker Karma Automotive today announced the Aliso Edition, a new and very limited offering that expresses the elegance and fluid lines of its Revero, inspired by the uniquely diverse State of California. The Aliso embodies Karma's dedication to offering luxury enthusiasts an opportunity to own a customized, collector vehicle.

National Ski Patrol and Subaru Renew Partnership
October 22, 2018

LAKEWOOD, Colo., Oct. 22, 2018 /PRNewswire/ -- The National Ski Patrol (NSP) and Subaru of America, Inc. (SOA) have renewed their partnership for another two years.

Industrial Project Innovation Selected as Construction Manager for Braidy Industries' Aluminum Rolling Mill in Kentucky
October 22, 2018

GREENVILLE, S.C., Oct. 22, 2018 /PRNewswire/ -- Braidy Industries, Inc. (Braidy Industries) has selected Industrial Project Innovation, LLC (IPI) to serve as construction manager for subsidiary Braidy Atlas LLC, a $1.6 billion aluminum rolling mill in Ashland, Kentucky. Working as part of Braidy Industries' management team, IPI's role will include program planning, construction management, project cost and schedule control, among other leadership responsibilities.

Huge Breakthrough in Touchscreen Market With Launch of TouchNetix's First Touchscreen Controller IC Optimised for Industrial and Automotive Applications
October 22, 2018

FAREHAM, England, Oct. 22, 2018 /CNW/ - TouchNetix, a manufacturer of system and component technology for high-performance touchscreens, today announced the introduction of the first in its aXiom series of touchscreen controller ICs, marking a breakthrough in the performance and capabilities of capacitive touchscreens for the industrial and automotive markets.

Goodyear Celebrates 100 Years of Wingfoots by Creating Oldest Throwback Basketball Jersey Available
October 22, 2018

AKRON, Ohio, Oct. 22, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company is celebrating the 100(th) anniversary of the Akron Wingfoots by resurrecting the team's inaugural jersey from 1918 and producing a limited run of 100 throwback replicas for fans. The replicas are the oldest throwback basketball jersey available to the public.

GREYSTONE LOGISTICS, INC. REPORTS RESULTS OF OPERATIONS FOR THE QUARTER ENDED AUGUST 31, 2018
October 22, 2018

Tulsa, OK, Oct. 22, 2018 (GLOBE NEWSWIRE) -- (OTCQB:GLGI). Tulsa-based Greystone Logistics, Inc. reports record quarterly sales for the first quarter of fiscal year 2019. Sales for the three months ended August 31, 2018 were $18,206,110 compared to $10,287,075 for the three months ended August 31, 2017 for an increase of $7,919,035, a 77% increase.

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INFICON Showcases Robotic Leak Testing At The Assembly Show
October 22, 2018

ROSEMONT, Ill., Oct. 22, 2018 /PRNewswire/ -- INFICON, one of the world's leading suppliers of leak-detection equipment for the auto industry, will demonstrate robotic leak-detection methods at The Assembly Show (Oct. 23-25) in Rosemont this year.

Hankook Tire Expands Volkswagen Partnership to Tiguan R-Line
October 22, 2018

NASHVILLE, Tenn., Oct. 22, 2018 /PRNewswire/ -- Premium global tire maker Hankook Tire is now providing original fitment tires for the 2018 Volkswagen Tiguan R-Line. The Tiguan R-Line will be equipped with Hankook Tire's Ventus S1 noble 2 [Pattern H452] in two sizes: 255/45R19H and 255/40R20V XL.

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