Company News
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Company News
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Ford Adds Driver Assist Technology to 2019 Fusion Sedan
Mar 23, 2018The 2019 Fusion sedan is the first vehicle globally to get Ford's new Co-Pilot360 suite of driver assistance technology. Ford also announced sleeker styling for all models and better projected all-electric driving range for the plug-in ...
Tags: Fusion sedan
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Yuengling Unveils First Year-Round Beer in 17 Years
Mar 22, 2018America's oldest brewery D.G. Yuengling & Son is adding a beer to its year-round lineup for the first time in 17 years. The new beer, Yuengling Golden Pilsner, will be available in cans and bottles from 1 April 2018. It will be ...
Tags: Yuengling Golden Pilsner, beer
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Kia Motors Releases First Images of New Luxury Sedan
Mar 22, 2018Kia Motors has revealed the first look of its all new luxury sedan K900, which will make its world debut at the New York International Auto Show later on March 28. The all-new K900 has been created in close collaboration between ...
Tags: Kia Motors, Luxury Sedan
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Cargill Begins Production of Eversweet Zero-Calorie Sweetener
Mar 22, 2018Cargill has commenced the official production of its EverSweet sweetener, which is claimed to offer a new choice for reduced and zero-calorie food and beverages. The sweetener is produced via a fermentation process that extracts stevia ...
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Pairwise Plants Raises $25m Funding to Speed up Crop Innovation
Mar 22, 2018Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...
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GM to Build Production Versions of Cruise AV at Michigan Assembly Plant
Mar 21, 2018General Motors (GM) said that it will build production versions of its Cruise AV fully-autonomous vehicle at its Orion Township assembly facility in Michigan, US, The company will assemble roof modules for its self-driving vehicles at its ...
Tags: General Motors, Bolt EV
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Mercedes-Benz Extends Battery Production to Thailand
Mar 21, 2018Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery
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ADM Announces Realignment of Business Segments Across Four Units
Mar 21, 2018Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
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Ford Revives California Special Package for 2019 Mustang
Mar 19, 2018Ford is bringing back California Special with a new limited-edition design package for 2019 Mustang GT fastback coupe and convertible models that commemorate visual cues of the 1968 original while celebrating modern Mustang performance and ...
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Groupe PSA to Set up Vehicle Assembly Facility in Namibia
Mar 19, 2018French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...
Tags: Groupe PSA, Opel vehicles
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Airspan Networks to Play Lead Role in Autoair Consortium
Mar 19, 2018Airspan Networks said that it will play lead role in AutoAir consortium, a neutral host based small cell solution for transportation networks in the UK. AutoAir is an ambitious project that will accelerate the development and deployment ...
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Volkswagen Plans to Launch One EV Every Month From 2019
Mar 19, 2018Volkswagen said it will launch a new electric vehicle (EV) virtually every month from 2019, as the company seeks to expand production of Evs globally on a massive scale. The German automaker, which wants to accelerate the Roadmap E ...
Tags: Volkswagen, electric vehicle
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Magna, Lyft Partner to Develop Self-Driving Systems
Mar 19, 2018Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
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Mazda, Toyota Establish JV for $1.6bn Auto Manufacturing Plant in Alabama, US
Mar 13, 2018Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...
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Nine Food Startups Join Chobani Incubator Family
Mar 13, 2018US yogurt manufacturer Chobani has announced names of the companies that will take part in its Spring 2018 class for the Chobani Incubator. The third and largest Chobani Incubator class to date, with nine food startups, is comprised of ...
