News Releases

  • BorgWarner Introduces First Three-Stage Turbocharging System For Maximum Power Diesel Engines

    For the first time, BorgWarner supplies its innovative three-stage turbocharging technology for BMW’s M Performance diesel engine, the most powerful six-cylinder in-line diesel engine in the world. Exclusively developed for BMW M Performance automobiles, the engine powers the M550d xDrive Sedan and Touring, X5 M50d Touring, and X6 M50d models.…

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  • BASF Constructs New Research Building In Ludwigshafen

    €50 million investment strengthens global research Verbund Laboratory building combines several facilities under one roof Use of innovative, research-driven construction materials BASF is constructing a new laboratory building that will combine research scientists from several specialties under one roof. The building is being created close to Gate 7 in the…

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  • Liberty Tire Recycling Announces Nationwide Partnership With The Hertz Corporation To Recover, Recycle Scrap Tires At Car Rental Outlets

    Liberty Tire Recycling, the premier provider of tire recycling services in North America, has signed an agreement with The Hertz Corporation (NYSE: HTZ), the largest worldwide airport general use car rental brand, to recover and recycle scrap tires from all of the rental agency’s locations in the United States.  It…

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  • Goodyear Recognized For Commitment To U.S. Military Ahead Of Veterans Day Weekend

    Goodyear named a Top 100 Military Friendly Employer by G.I. Jobs for the first year “Goodyear Gives Back” program announces more than $310,000 raised for the Support Our Troops non-profit organization Goodyear’s fleet of blimps will provide aerial coverage for three military-themed college basketball games, played from the decks of…

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  • Toshiba Launches Li-ion Battery Monitor Chipset For Automotive Applications

    Toshiba America Electronic Component, Inc. (TAEC)*, Corp., a committed leader that collaborates with technology companies to create break through designs, today announced its Li-ion battery monitor chipset for automotive applications. The chipset includes the industry’s first battery monitor IC capable of checking up to 16 cells per one IC, which…

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  • Faurecia Signs R&D Agreement With The Fraunhofer ICT For Advanced Industrial Processes In The Field Of Composites

    Faurecia and the Fraunhofer ICT (Institut für Chemische Technologie) announce the signature of a framework agreement to jointly perform R&D work on “Engineering and prototypes for advanced industrial processes for composites” for applications in the automotive field. The objective of the agreement is to further develop composite industrial processes applied to structural parts…

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  • All-New 2013 Ford Fusion Earns IIHS Top Safety Pick; Offers Smart Technology, Leading Fuel Economy

    The Insurance Institute for Highway Safety (IIHS) recently named the all-new 2013 Ford Fusion a Top Safety Pick for 2012 The all-new Fusion features the Personal Safety System, new safety belt technologies and a total of eight airbags which can provide protection for vehicle occupants in the event of a…

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  • Vehicles Featuring BASF Refinish Products Awarded Accolades At The 2012 SEMA Show

    Show vehicles featuring products from BASF Automotive Refinish Solutions on display at the 2012 Specialty Equipment Market Association (SEMA) Show in Las Vegas, Nevada, have been recognized with awards from several organizations. The awards recognize achievement across various categories, including design, innovation, creativity, performance and wow factor. The awards won by vehicles featuring BASF…

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  • Toyota Motor Thailand Marks 50th Anniversary

    Toyota Motor Corporation (TMC) announces that Toyota Motor Thailand Co., Ltd. (TMT), its vehicle manufacturing and distribution subsidiary in Thailand, held a ceremony today in Bangkok, Thailand to celebrate its 50th anniversary. Approximately 1,800 people attended the ceremony including Thailand Deputy Prime Minister Kittiratt Na-Ranong and other Thai government representatives,…

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  • GMC and Chevrolet Bi-Fuel Pickup Production Begins

    Production of the 2013 Chevrolet Silverado HD and GMC Sierra 2500 HD bi-fuel pickup trucks is underway in Fort Wayne, Ind., and the pickups are available for order by fleet and retail customers through Chevrolet and GMC dealers. The Silverado HD and Sierra 2500 HD Vortec 6.0L V8 engine runs on gasoline or compressed…

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  • Production Start Of Audi Q7 In India

    Plans to build up to 1,000 of the Audi Q7 annually at Aurangabad Dr. Frank Dreves, Audi Board Member for Production: “Expansion of our production in India is part of our growth strategy.” Audi sales in India up by 55 percent through October Audi has started production of the Q7…

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  • Daimler Financial Services Now Offers Financing And Insurance solutions In Malaysia

    Daimler Financial Services has established a new subsidiary in Malaysia. With the launch of Mercedes-Benz Services Malaysia Sdn Bhd in Kuala Lumpur, the company has successfully set up its financial services business in the country. The subsidiary already counts a team of 40 employees dedicated to providing outstanding customer service.…

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  • Magna Announces Third Quarter And Year to Date Results

    Magna International Inc.  today reported financial results for the third quarter ended September 30, 2012. THREE MONTHS ENDED SEPTEMBER 30, 2012 We posted sales of $7.4 billion for the third quarter ended September 30, 2012, an increase of 6% from the third quarter of 2011. We achieved this sales increase…

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