Invenco by GVR, A Vontier Company, Opens State-Of-The-Art Engineering Center for 250 Employees in Bengaluru, India
Center will be hub of innovation in the convenience retail technology space RALEIGH, N.C.–(BUSINESS WIRE)– The cutting-edge facility becomes the central hub for Invenco by GVR’s core functions, including engineering, IT services and data analytics. This technology center will provide hardware- and software-based technical solutions to the group and house a team of 250 highly […]
Luminar Day: A New Era – Luminar Achieves Global Start of Production for Volvo Cars
Launches Next-Gen LiDAR; Swiss Re Releases LiDAR Safety Results; New Partnership with Applied Intuition News Summary Luminar achieves start of production (SOP) for Volvo Cars; Marks first time industry transitioning from R&D to standard on global production vehicles; Kicks off conversion of nearly $4 Billion Order Book to revenue Unveils Luminar Halo, the company’s next-generation […]
Applied Intuition and Luminar Partner to Accelerate ADAS and AD Development for Automakers
MOUNTAIN VIEW, Calif. & ORLANDO, Fla.–(BUSINESS WIRE)– Lidar sensors and software play a crucial role in ADAS and AD safety and performance, but testing and validating perception systems in the real world can be time-consuming, expensive, and dangerous. Studies show that fully autonomous systems would need to drive millions of real-world miles to demonstrate safety. […]
CARFAX Canada Launches Exciting New Partnership with Copart Canada
LONDON, Ontario–(BUSINESS WIRE)– Richard Pasta, Director of Strategic Partners at CARFAX Canada, explained, “This enhancement provides Copart Canada customers with a better understanding of the vehicles history and helps round out an already prominent buyer experience for Copart vehicle buyers.” “We are thrilled to partner with CARFAX Canada,” says Steve Macaluso, Managing Director of Copart […]
UP GARAGE USA Co., Ltd.. Will Host Its Grand Opening on April 27 at Garden Grove, California
YOKOHAMA, Japan–(BUSINESS WIRE)– UP GARAGE buys and sells used automobile parts. The Group has been beloved by many customers who enjoy modifying their cars and boasts more than 230 shops across Japan. Find parts for your car! The new storefront will carry approximately 3,000 items, including parts for 240SX, GT-R, RX-7, JZX100, SUPRA, LANCER Evolution, […]
Touting Talent: Skills B.C. sees students exercise auto skills
Victoria, British Columbia — Skills B.C., which took place on April 17th, saw students competing in a variety of automotive competitions and demonstrating diverse industry skills. According to Jamie Maxwell, Director of Competitions for the event, Skills B.C. saw 28 students at both secondary and post-secondary levels competing in automotive technology, autobody repair and car […]
Federal Favour: Federal government announced new Canada carbon rebates for small businesses
Toronto, Ontario — In case you missed it, the Federal government’s 2024 budget includes a new carbon rebate for small businesses to help reduce the impact of environmental costs. The 2024 Federal budget report, which was released on April 16th, specifically notes that “the government is delivering on its commitment to return proceeds from the […]
Up and Up: AkzoNobel Q1 results beat analyst expectations; reports organic sales growth and improved operating income
Toronto, Ontario — AkzoNobel reported its Q1 2024 financial results yesterday, beating analyst Q1 expectations with a 19 percent increase in first-quarter core profits. Adjusted EBITDA for Q1 2024 was €363 million, versus €305 million a year ago. Revenue was €2,640 for Q1 2024, compared to €2,657 a year ago, reporting a two percent increase […]
