Toyota Announces $2.5B Investment in U.S. Battery Plant

Toyota is making an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC), the company announced. This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility… Continue reading Toyota Announces $2.5B Investment in U.S. Battery Plant

AAPEX Ranked Among Top U.S. Trade Shows

The Automotive Aftermarket Products Expo (AAPEX) is among the winners of Trade Show Executive’s Gold 100 awards that recognize U.S. trade shows in 2021, AAPEX officials announced. AAPEX is co-owned by the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA) and is organized by trade show management specialist W.T. Glasgow Inc. The Gold… Continue reading AAPEX Ranked Among Top U.S. Trade Shows

Published
Categorized as News

Honda, LG to Build $4.4B U.S. Battery Production Facility

LG Energy Solutions and Honda Motor Co. have reached an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market, the companies announced. With this agreement, LGES and Honda will invest a total of USD $4.4 billion and… Continue reading Honda, LG to Build $4.4B U.S. Battery Production Facility

IIHS: Few Vehicles Pass New Nighttime AEB Systems Test

The Insurance Institute for Highway Safety (IIHS) is introducing a nighttime test of pedestrian automatic emergency braking (AEB) systems to address the high percentage of pedestrian crashes that occur on dark roads, the organization announced. After initial tests, four of the first 23 midsize cars, midsize SUVs and small pickups tested earn the highest rating… Continue reading IIHS: Few Vehicles Pass New Nighttime AEB Systems Test

Published
Categorized as News

AASA Technology Conference Reveals Presentation Lineup

The 2022 AASA Technology Conference, presented by the AASA Technology Council (ATC) and AASA Mobility Technology Council (MTC), has released details regarding its presentation schedule, event organizers announced. O’Reilly Auto Parts, Bridgestone Retail Operations and Advance Auto Parts will headline the line-up sessions, panels, networking opportunities and round-table discussions on both vehicle and business technology,… Continue reading AASA Technology Conference Reveals Presentation Lineup

Meyer Distributing Adds Thret Offroad, Predator Tire to Line Card

Meyer Distributing has added Thret Off-Road and Predator Tire to its wheel and tire line card, the company announced. Thret Off-Road offers three series of custom wheels and Predator Tire offers three tread patterns in its New Mutant line of tires, the distributor said. “I am excited to announce the addition of Thret Off-Road to… Continue reading Meyer Distributing Adds Thret Offroad, Predator Tire to Line Card

NASCAR Reveals 75th Anniversary Logo

NASCAR has revealed a new logo that will commemorate the organization’s 75th anniversary in 2023, the sanctioning body told Adweek. The overall oval shape is reminiscent of a racetrack and was inspired by the brand’s second logo introduced in 1956, the organization said, while the diamond in the center has five stripes representing the five… Continue reading NASCAR Reveals 75th Anniversary Logo

Hankook Tire to Invest $1.6B in Tennessee Plant Expansion

Hankook Tire is making a $1.6 billion investment to expand its Tennessee manufacturing facility, located in Clarksville, Tennessee, the company announced. The investment includes the previously planned Phase 2 expansion that will double production capacity of Hankook’s passenger car and light truck (PC/LT) tires, and adds a Phase 3 expansion with the company’s first U.S.… Continue reading Hankook Tire to Invest $1.6B in Tennessee Plant Expansion