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December 2016

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Tuesday, December 20, 2016

Volkswagen to Recall 83,000 3.0 Liter Diesel Vehicles and Fund Mitigation Projects to Settle Allegations of Cheating Emissions Tests on Volkswagen, Audi and Porsche Vehicles

Volkswagen to Recall 83,000 3.0 Liter Diesel Vehicles and Fund Mitigation Projects to Settle Allegations of Cheating Emissions Tests on Volkswagen, Audi and Porsche Vehicles

Settlement requires Volkswagen to offer to buy back older vehicles, and spend $225 million to mitigate NOx pollution. Volkswagen will also repair newer vehicles to comply with the standards to which they were certified WASHINGTON Dewcember 21, 2016; In a second partial settlement announced today by the U.S. Environment ... Continue reading

Volkswagen 3.0-liter U.S. TDI Agreement - Buy Back Plus Offer 3 Additional EV's; Sell 5000 EV;s, $25 Million To California Air Board

Volkswagen 3.0-liter U.S. TDI Agreement - Buy Back Plus Offer 3 Additional EV's; Sell 5000 EV;s, $25 Million To California Air Board

Washington DC December 21, 2016; David Shepardson writing for Reuters reported that Volkswagen AG has reached an agreement for a mix of buybacks and fixes for about 80,000 polluting 3.0-liter diesel VW, Porsche and Audi vehicles, a U.S. federal judge said on Tuesday, as the German automaker took another step to put a d ... Continue reading

Uber Plans to Keep Self-Driving in San Francisco

Uber Plans to Keep Self-Driving in San Francisco

Car-sharing company is defying a state order to halt its testing of self-driving vehicles. The NACS reported that last week Uber announced that it plans to keep its self-driving cars operating on the streets of San Francisco, defying a state order to halt the test program. ... Continue reading

Tesla to Fine Supercharger Hogs

Tesla to Fine Supercharger Hogs

Customers will pay an idle fee for leaving their cars at a Supercharger station for more than five minutes after charging is complete. ​PALO ALTO, Calif. ... Continue reading

17th Annual IAVs Conference Returns to Twickenham in January 2017

17th Annual IAVs Conference Returns to Twickenham in January 2017

LONDON, December 20, 2016 -- The 17th Annual International Armoured Vehicles Conference is to be held at the Twickenham Marriot Hotel, London, 23-26 January 2017 and will bring together practitioners, providers and wider stakeholders to take an in-depth, contemporary look at armoured vehicles in the Defence and Securit ... Continue reading

Alan Heuberger elected to Deere & Company Board of Directors

Alan Heuberger elected to Deere & Company Board of Directors

MOLINE, Ill., Dec. 20, 2016 -- Deere & Company today announced the election of Alan C. Heuberger to the company's Board of Directors. ... Continue reading

ATA Truck Tonnage Index Jumped 8.2% in November

ATA Truck Tonnage Index Jumped 8.2% in November

ARLINGTON, Va., Dec. 20, 2016 /PRNewswire-USNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 8.2% in November, following a 0.3% drop during October. ... Continue reading

BFGoodrich® Tires Gears Up for Dakar Rally

BFGoodrich® Tires Gears Up for Dakar Rally

GREENVILLE, S.C., Dec. 20, 2016 -- BFGoodrich® Tires ― the official tire of The Dakar Rally ― culminates its year-long celebration of the 40th anniversary of its first radial all-terrain tire, which revolutionized the light-truck and off-road industry, with the brand's return to the 2017 Dakar Rally. ... Continue reading

Carnival Corporation & plc Reports Record Full Year And Record Fourth Quarter Earnings

Carnival Corporation & plc Reports Record Full Year And Record Fourth Quarter Earnings

MIAMI, Dec. 20, 2016 -- Carnival Corporation & plc announced U.S. GAAP net income for the full year 2016 of $2.8 billion, or $3.72 diluted EPS, compared to $1.8 billion, or $2.26 diluted EPS, for the prior year. ... Continue reading

Cushman® Hauler® Utility Vehicle Named Among Top 100 Products of 2016

Cushman® Hauler® Utility Vehicle Named Among Top 100 Products of 2016

AUGUSTA, Ga., Dec. 20, 2016 -- Cushman, a Textron Specialized Vehicles brand, is proud to have the Hauler named one of Construction Equipment magazine's Top 100 Products of 2016 in the Trucking & Hauling category. ... Continue reading

Delphi and Mobileye to Conduct Automated Driving's Most Complex, Real-World Demonstration at CES 2017

Delphi and Mobileye to Conduct Automated Driving's Most Complex, Real-World Demonstration at CES 2017

JERUSALEM and GILLINGHAM, England, Dec. 20, 2016 -- As the pace of automated driving technology shifts into overdrive, Delphi Automotive PLC   and Mobileye will conduct the most complex automated drive ever publicly demonstrated on an urban and highway combined route in Las Vegas for CES 2017. ... Continue reading

ExxonMobil and Porsche Announce Extension of Strategic Relationship

ExxonMobil and Porsche Announce Extension of Strategic Relationship

SPRING, Texas—ExxonMobil and Porsche today announced a multi-year extension to their global framework agreement that has seen more than one million Porsches roll off factory lines filled with Mobil 1 synthetic motor oil. This number continues to rise as Mobil 1 oils consistently deliver on their promise of fuel econo ... Continue reading

GKN Driveline to Invest $179 Million to Expand North Carolina Manufacturing Facilities

GKN Driveline to Invest $179 Million to Expand North Carolina Manufacturing Facilities

AUBURN HILLS, Mich., Dec. 20, 2016 -- GKN Driveline, the global leader in contemporary and electrified driveline technologies, today announced it will invest nearly $179 million to expand manufacturing facilities in Alamance, Catawba, Lee and Person counties in North Carolina. ... Continue reading

Global Automotive Adhesive and Sealant Market Size, Share, Development, Growth and Demand Forecast to 2020 - Research and Markets

Global Automotive Adhesive and Sealant Market Size, Share, Development, Growth and Demand Forecast to 2020 - Research and Markets

DUBLIN—Research and Markets has announced the addition of the "Global Automotive Adhesive and Sealant Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering. Automotive adhesives and sealants are the products, which help the automotive original equipment manufacturers (OEMs) bon ... Continue reading

Global Commercial Vehicle Remote Diagnostics Market to Grow at 19% CAGR Through 2021: Technavio

Global Commercial Vehicle Remote Diagnostics Market to Grow at 19% CAGR Through 2021: Technavio

Technavio publishes a new market research report on the global commercial vehicle remote diagnostics market from 2017-2021. (Graphic: Business Wire) Full Size Small Preview Thumbnail ???pagination.previous??? ???pagination.next??? Technavio publishes a new market research report on the global commercial vehicle remote ... Continue reading

Global Motorcycle Lighting Market Will Grow at 13% CAGR Through 2021: Technavio

Global Motorcycle Lighting Market Will Grow at 13% CAGR Through 2021: Technavio

Technavio publishes a new market research report on the global motorcycle lighting market from 2017-2021. (Graphic: Business Wire) Full Size Small Preview Thumbnail ???pagination.previous??? ???pagination.next??? Technavio publishes a new market research report on the global motorcycle lighting market from 2017-2021. ... Continue reading

Grand Circle Cruise Line Announces New Small Ship Itineraries in 2017

Grand Circle Cruise Line Announces New Small Ship Itineraries in 2017

BOSTON, Dec. 20, 2016 -- Alan E. Lewis, chairman of Grand Circle Cruise Line, the leader in small ship cruising worldwide, announced four new small ship itineraries for 2017 today. The itineraries will operate along the Mediterranean and the Adriatic, cruising along the coastlines of Italy, Malta, Slovenia, and Croatia ... Continue reading

Holographics, robotics, and virtual reality top DENSO's technology displays at CES 2017

Holographics, robotics, and virtual reality top DENSO's technology displays at CES 2017

SOUTHFIELD, Mich., Dec. 20, 2016 -- From a holographic haptic controller for vehicles, to collaborative robots for homes, DENSO will feature future-focused technologies designed for Smarter Mobility and Smarter Living at CES 2017. ... Continue reading

Hyundai Hope on Wheels Announces $7 Million in Funding Available for Research in Pediatric Cancer

Hyundai Hope on Wheels Announces $7 Million in Funding Available for Research in Pediatric Cancer

FOUNTAIN VALLEY, Calif., Dec. 20, 2016 -- Today, Hyundai Hope on Wheels® announced $7 million dollars in available funding for pediatric cancer research. ... Continue reading

Increasing Number, Age of US Vehicles Drives Growth in Automotive Services

Increasing Number, Age of US Vehicles Drives Growth in Automotive Services

CLEVELAND, Dec. 20, 2016 -- Revenues generated by US automotive repair and maintenance service establishments are forecast to grow 2.2% annually to 2020. ... Continue reading

Lockheed Martin Completes Assembly of NOAA's GOES-S Weather Satellite

Lockheed Martin Completes Assembly of NOAA's GOES-S Weather Satellite

DENVER, Dec. 20, 2016 -- Lockheed Martin has completed assembly of NOAA's GOES-S weather satellite and is now beginning critical mechanical and environmental testing of the spacecraft. ... Continue reading

More awareness about alternatives to alcohol-impaired driving needed: Poll

More awareness about alternatives to alcohol-impaired driving needed: Poll

Key points: The Traffic Injury Research Foundation USA (TIRF USA) conducted the second annual Road Safety Monitor (USA RSM) on alcohol-impaired driving with sponsorship from Anheuser-Busch in October 2016. More than 5,000 drivers across the country completed the online poll. ... Continue reading

Philips X-tremeVision LED Fog Lamps an Easy Upgrade for Popular European Makes

Philips X-tremeVision LED Fog Lamps an Easy Upgrade for Popular European Makes

FOR IMMEDIATE RELEASE: Philips X-tremeVision LED Fog Lamps an Easy Upgrade for Popular European Makes Dear Editor: We are sending this press release on behalf of Lumileds, LLC, founded by Philips, and one of the world's largest suppliers of lighting for the automotive industry. For your convenience, we have included li ... Continue reading

PURDUE UNIVERSITY TO PARTNER WITH TOP KART USA TO DEVELOP THE MSTEM3 PROGRAM

PURDUE UNIVERSITY TO PARTNER WITH TOP KART USA TO DEVELOP THE MSTEM3 PROGRAM

Having trouble viewing this email? Click here http://campaign.r20.constantcontact.com/render?m=1104746721047&ca=0eab9a4f-9086-43c0-a2a4-b554cb8ed8f7 FOR IMMEDIATE RELEASE Prepared by: Race Tech Development Group Date: December 20, 2016 Contact: Info@RaceTechDevelopment.com ______________________________________________ ... Continue reading

RideCell Adds Two Silicon Valley Leaders To Growing Executive Team

RideCell Adds Two Silicon Valley Leaders To Growing Executive Team

SAN FRANCISCO, Dec. 20, 2016 -- RideCellTM, Inc., which develops the leading white-label platform for new mobility services, today announced important additions to its executive team. ... Continue reading

SPEED CONCEPTS RACING IS BORN

SPEED CONCEPTS RACING IS BORN

Having trouble viewing this email? Click here http://campaign.r20.constantcontact.com/render?m=1104746721047&ca=e8c79c0a-fa35-4e23-abd9-bf20693730a4 FOR IMMEDIATE RELEASE Contact: Info@RaceTechDevelopment.com Prepared by: Race Tech Development Group Photo by: Cody Schindel/CanadianKartingNews.com Date: December 20, 201 ... Continue reading

Swiss Transportation Agency Becomes 4th European Authority To Require Type-Approval Compliance For Replacement Turbochargers

Swiss Transportation Agency Becomes 4th European Authority To Require Type-Approval Compliance For Replacement Turbochargers

  Switzerland joins authorities in Germany, Spain and Italy in confirming non-original equipment turbochargers require emissions testing and certification to be used legally ROLLE, Switzerland, Dec. 20, 2016 -- Honeywell supports the recent opinion issued by the Swiss Federal Roads Office to include turbochargers amo ... Continue reading

Top 5 Vendors in the Automotive Night Vision System Market from 2016 to 2020: Technavio

Top 5 Vendors in the Automotive Night Vision System Market from 2016 to 2020: Technavio

Technavio publishes a new market research report on the global automotive night vision system (NVS) market from 2016-2020. (Graphic: Business Wire) Full Size Small Preview Thumbnail ???pagination.previous??? ???pagination.next??? Technavio publishes a new market research report on the global automotive night vision sys ... Continue reading

Transition to Keyless Automotive Access Systems Fuels Growth Opportunities for Specialist Companies

Transition to Keyless Automotive Access Systems Fuels Growth Opportunities for Specialist Companies

Smartphone and frictionless access to drive future vehicle access systems, finds Frost & Sullivan's Mobility team LONDON, Dec. 20, 2016 -- The rising popularity of mobility services such as car sharing, rental and leasing is stoking significant interest in keyless access systems. ... Continue reading

US Highway Unveils World-first Tire Pressure Technology

US Highway Unveils World-first Tire Pressure Technology

OXFORD, England, December 20, 2016 -- Motorists in the state of Georgia will today (20th December) be the first in the world to use a new technology that measures both tire pressure and tread depth in seconds, without the need for any equipment on the vehicle. The unique, drive-over technology has been adopted by The R ... Continue reading

Holiday Driving May Cost Nearly 700 Americans their Lives

Holiday Driving May Cost Nearly 700 Americans their Lives

ITASCA, Ill., Dec. 20, 2016- The upcoming Christmas holiday period may cost 314 people their lives on the roadways, according to National Safety Council estimates. ... Continue reading

NHTSA INVESTIGATION: Dodge Durango And Ram Pickup Roll Away

NHTSA INVESTIGATION: Dodge Durango And Ram Pickup Roll Away

WASHINGTON DC December 20, 2016; David Shepardson writing for Reuters reported that | U.S. vehicle safety officials said on Tuesday they have launched an investigation into about a million Fiat Chrysler Ram pickup trucks and SUVs prompted by complaints by some owners that the vehicles rolled away and crashed after bein ... Continue reading

2016 Ford Focus RS AWD - Rocket Review By John Heilig

2016 Ford Focus RS AWD - Rocket Review By John Heilig

2016 Ford Focus RS AWD - Rocket Review By John Heilig ... Continue reading

The Most Valuable Classic Car of the World: the Missing Link

The Most Valuable Classic Car of the World: the Missing Link

OSDORF, Germany, December 20, 2016 --With PhotoIn the free port of Geneva, superrich collectors gather to celebrate 130 years of progress in the automotive industry. They pay homage to the most revolutionary invention on the way to seemingly unlimited mobility: 2016 the very first four-wheeled automobile with a combust ... Continue reading

AirMap Launches Christmas Eve Tracker for Santa's New Delivery Drone

AirMap Launches Christmas Eve Tracker for Santa's New Delivery Drone

SANTA MONICA, Calif., Dec. 20, 2016 -- North Pole – On December 24th-25th, AirMap will be tracking Santa's first-ever Christmas Eve drone deliveries at santa.airmap.com. ... Continue reading

APAC Tire Market Forecast & Opportunities 2021 - Research and Markets

APAC Tire Market Forecast & Opportunities 2021 - Research and Markets

DUBLIN—Research and Markets has announced the addition of the "APAC Tire Market Forecast & Opportunities, 2021" report to their offering. Asia-Pacific is emerging as a hub for production of automobiles, with the automotive sector accounting for the largest private sector investment in research and development (R&D) i ... Continue reading

Backhoe Loaders Market to Surpass US$ 4 Bn by 2026; JCB to Remain the Largest Player by Revenue Share - PMR Study

Backhoe Loaders Market to Surpass US$ 4 Bn by 2026; JCB to Remain the Largest Player by Revenue Share - PMR Study

NEW YORK, December 20, 2016 -- Top eight players account for 85% revenue share; center-mount loaders continue to outsell side-shift equipment The top eight global players accounted for nearly 85% revenue share of the US$ 2.14 Bn backhoe loaders market in 2015. JC Bamford Excavators Ltd (JCB) remains the largest player ... Continue reading

Connected Car Platform Autobrain Appoints Yonah Lloyd and Tim Leuliette to Management and Advisory Board

Connected Car Platform Autobrain Appoints Yonah Lloyd and Tim Leuliette to Management and Advisory Board

BOCA RATON, Fla., Dec. 20, 2016 -- Autobrain, the connected car platform that turns any car into a smart car in less than five minutes, announced today the appointment of Yonah Lloyd as President and Tim Leuliette as Advisor to the Chairman, to help in Autobrain's mission to upgrade the nearly one billion vehicles on t ... Continue reading

Dinova Companies Spend 13.6% More at its Preferred Restaurants

Dinova Companies Spend 13.6% More at its Preferred Restaurants

ATLANTA, Dec. 20, 2016 -- Dinova LLC, the only innovative, proprietary marketplace exclusively focused on connecting expense account diners to quality restaurants nationwide, announced a third quarter year-over-year increase of 13.6 percent by corporate enterprises in its preferred restaurant network. ... Continue reading

Global Automotive Composite Leaf Springs Market Likely to Experience an Impressive Growth of 9.3% CAGR Over the Next Five Years and Reach $65 Million in 2021, as per a New Report From Stratview Research

Global Automotive Composite Leaf Springs Market Likely to Experience an Impressive Growth of 9.3% CAGR Over the Next Five Years and Reach $65 Million in 2021, as per a New Report From Stratview Research

DETROIT, December 20, 2016 -- Stratview Research announces the launch of a new research report on Global Automotive Composite Leaf Springs Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Duty Commercial Vehicle, and Others), by Installation Type (Transversal and Longitudinal), by Loca ... Continue reading

Gogo Inc. Announces Launch of $50 Million Senior Secured Notes Offering

Gogo Inc. Announces Launch of $50 Million Senior Secured Notes Offering

CHICAGO, Dec. 20, 2016 -- Gogo Inc. announced the commencement of a private offering of $50 million aggregate principal amount of additional 12.500% senior secured notes due 2022 (the "Additional Notes") to be issued by its direct wholly owned subsidiary, Gogo Intermediate Holdings LLC (the "Issuer"), and its indirect ... Continue reading

IOActive Discovers In-Flight Entertainment System Vulnerabilities

IOActive Discovers In-Flight Entertainment System Vulnerabilities

SEATTLE, Dec. 20, 2016 -- IOActive, Inc., the worldwide leader in research-driven security services, today released research detailing several cybersecurity vulnerabilities found in Panasonic Avionics In-Flight Entertainment (IFE) systems used by a number of major airlines including United, Virgin, American Airlines, ... Continue reading

My Car Check market guide: December 2016

My Car Check market guide: December 2016

My Car Check market guide: December 2016 Presents unwrapped, thoughts will return to the need for a new car     Used car of the month: Audi A5 coupe (pre-2016) Used bike of the month: Honda Africa Twin CRF1000   My Car Check's valuation experts reveal significant trends in the UK used vehicle market and choose a car ... Continue reading

Navistar Reports 2016 Fourth Quarter Results

Navistar Reports 2016 Fourth Quarter Results

LISLE, Ill., Dec. 20, 2016 -- Navistar International Corporation today announced a fourth quarter 2016 net loss of $34 million, or $0.42 per diluted share, compared to a fourth quarter 2015 net loss of $50 million, or $0.61 per diluted share. ... Continue reading

Rare, Celebrated Customs and Hot Rods among Featured Vehicles During Barrett-Jackson Scottsdale Auction

Rare, Celebrated Customs and Hot Rods among Featured Vehicles During Barrett-Jackson Scottsdale Auction

Boyd Coddington's "Alumatub" (Lot #1434), which was built on the very popular "American Hot Rod" TV series on the Discovery Channel, will cross the Barrett-Jackson auction block in Scottsdale (Photo: Business Wire) Full Size Small Preview Thumbnail ???pagination.previous??? ???pagination.next??? Boyd Coddington's "Alum ... Continue reading

Research Reports Initiation on Shipping Stocks -- Eagle Bulk Shipping, Seaspan, Rand Logistics, and Costamare

Research Reports Initiation on Shipping Stocks -- Eagle Bulk Shipping, Seaspan, Rand Logistics, and Costamare

NEW YORK, December 20, 2016 -- On Monday, December 19, 2016, benchmark US indices the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 were in green as US markets saw broad based gains at the sound of yesterday's trading session's closing bell. Six out of nine sectors finished in positive territories ... Continue reading

Subaru Earns Top Marks in 2017 Corporate Equality Index

Subaru Earns Top Marks in 2017 Corporate Equality Index

CHERRY HILL, N.J., Dec. 20, 2016 -- Subaru of America, Inc. proudly announced today that it received a perfect score of 100 percent on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rig ... Continue reading

Transition to Keyless Automotive Access Systems Fuels Growth Opportunities for Specialist Companies

Transition to Keyless Automotive Access Systems Fuels Growth Opportunities for Specialist Companies

LONDON, Dec. 20, 2016 -- The rising popularity of mobility services such as car sharing, rental and leasing is stoking significant interest in keyless access systems. ... Continue reading

Vancouver-based luxury train company expands advisory board with multi-generational leadership

Vancouver-based luxury train company expands advisory board with multi-generational leadership

VANCOUVER, Dec. 20, 2016 /CNW/ - John Furlong, Chair, Rocky Mountaineer Board of Directors, is pleased to announce the appointments of Tristan Armstrong, Ashley Armstrong and Chelsea Armstrong to the Board. ... Continue reading

CarMax Reports Third Quarter Results

CarMax Reports Third Quarter Results

RICHMOND, Va.—CarMax, Inc. today reported results for the third quarter ended November 30, 2016. Net sales and operating revenues increased 4.4% to $3.70 billion. ... Continue reading

CES 2017: Magna and Innoviz partner on LiDAR for autonomous driving systems

CES 2017: Magna and Innoviz partner on LiDAR for autonomous driving systems

Prototype demo devices unveiled at CES High-definition, solid-state LiDAR enables real-time 3D remote sensing Affordable, compact high performance for the mass market AURORA, ON, Canada and KFAR SABA, Israel, Dec. 20, 2016 - Magna International Inc. and Innoviz Technologies Ltd. ... Continue reading

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