Latest Posts Under: Auto and Transport Industry News

Boeing completes Boeing 777X test flight between Everett and Seattle

US aerospace company Boeing said that the Boeing 777X test flight has taken to the skies to enter the next phase of a test program. The Boeing 777X jetliner is based on the Boeing 777 aircraft and equipped with technologies from the Boeing 787 Dreamliner. The aerospace company said that the Boeing 777x first flight […]

Airlines Reporting Corpation acquires majority stake in nuTravel

Airlines Reporting Corporation (ARC), a ticket transaction settlement services provider, has acquired a majority share in nuTravel, a provider of corporate retailing solutions for airlines. The financial terms of the deal were not disclosed. Established in 2002, nuTravel is said to have developed a direct-distribution B2B and B2B2C traveler management and booking application platform, called Universal […]

LG Electronics, Luxoft announce webOS automotive joint venture at CES 2020

DXC Technology’s subsidiary Luxoft has agreed to create an automotive joint venture with LG Electronics for advancing the deployment of production-ready digital cockpit, in-vehicle infotainment, rear-seat entertainment (RSE), and ride-hailing systems based on the latter’s webOS Auto platform. The joint venture, which was announced at CES 2020, is said to bring together a top automotive […]

FLIR Systems bags US Army contract for Kobra robot under CRS-H program

FLIR Systems said that its Kobra robot has been selected for the US Army’s Common Robotic System-Heavy (CRS-H) program under a five-year production contract worth up to $109 million. Under the contract, the Oregon-based industrial technology company will build more than 350 unmanned ground vehicles (UGVs). Through the CRS-H program, the US Army will get […]

Lordstown Motors buys factory for manufacturing Endurance pickup trucks

US electric automaker Lordstown Motors (LMC)  has acquired the GM manufacturing complex in Lordstown, Ohio in a move to start production of the Endurance pickup truck, an all-electric pickup truck purpose-built for fleets. Production of the electric pickup truck is slated to begin in late 2020 at the complex, said the Ohio-based original equipment manufacturer […]

Metawave to accelerate autonomous vehicle innovation after initial Series A funding

Metawave Corporation, a US smart radar startup for the automotive industry, has raised an undisclosed amount of investment through its first Series A funding. Metawave is developing an advanced analog beamsteering radar system Spektra, which is capable of making automated driving safer and smarter in all-weather conditions. The company is also developing cellular systems, Turbo […]

Cooper to take full ownership in Mexican tire manufacturing facility

Cooper Tire & Rubber Company is set to take full ownership in Corporación de Occidente (COOCSA), its joint venture tire manufacturing facility in Mexico with Trabajadores Democraticos de Occidente (TRADOC). Currently, the Ohio-based tire manufacturer has 58% ownership in the Mexican tire manufacturing facility. TRADOC, which owns 42% in COOCSA, will sell its stake to […]

Space tourism operator Virgin Galactic wraps up $450m merger with SCH

US aerospace company Virgin Galactic (VG), which is embarking on making human spaceflight possible for private individuals and researchers, has completed its previously announced $450 million merger deal with public investment vehicle Social Capital Hedosophia (SCH). The resulting space tourism operator following the merger has been named Virgin Galactic Holdings. The aerospace company manufactures its space […]

Huntkey to launch Oucica car air purifier at Hong Kong trade fair

Huntkey, a Chinese power solutions provider, will introduce and display the new Oucica car air purifier at Global Sources Consumer Electronics Trade Fair to be held from 11-14 October 2019 in Hong Kong. The new car air purifier from Huntkey will remove and decompose airborne hazards such as bacteria and viruses into carbon dioxide and […]

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