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Toyota to invest in ALBERT

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Toyota Motor Corporation (Toyota) and ALBERT Inc. (ALBERT) announce today that both companies have agreed on a business alliance for big data analysis, mainly in the field of advanced development of automated driving technology, and that Toyota will invest in ALBERT. Toyota’s investment in ALBERT is expected to be in ...

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Kia to launch new diesel 48v mild-hybrid powertrain in 2018

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Kia Motors will introduce its first 48V diesel mild-hybrid powertrain in the second half of 2018. The new ‘EcoDynamics+’ powertrain reduces CO2 emissions by supplementing acceleration with electric power from an additional 48-volt battery and extending combustion engine ‘off time’ using a new Mild-Hybrid Starter-Generator unit. In line with Kia’s aim ...

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CEVA continues to deliver good results in Q1 2018

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CEVA Logistics AG, one of the leading asset-light third-party logistics companies, announced today its results for the quarter ended 31 March 2018. Key Financials ($ million) Q1 2018 Q1 2017 Change YoY Change YoY constant FX Revenue 1,790 1,596 12.2% 5.4% EBITDA (a) 53 45 17.8% 17.8% EBITDA margin 3.0% ...

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Order books open for new Mercedes-AMG GT S Roadster

The new Mercedes-AMG GT S Roadster is now available to order, with prices start at £126,730. The AMG GT S Roadster completes the flagship GT range, and perfectly combines top-down motoring with ultimate driving performance. It features AMG’s handbuilt 4.0-litre ‘hot V’ V8 biturbo petrol engine with an output of ...

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Novelis breaks ground on automotive aluminum facility in Kentucky

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Novelis Inc., the world leader in aluminum rolling and recycling, today hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell’s staff to recognize the investment of ...

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