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Innoviz Technologies Raises $65M As Its Solid-State LiDAR Moves To Mass Production

This round of financing brings Innoviz’s total funding to $74 million.

Start-Up Organizations Partner With AkzoNobel On Global Chemistry Challenge

AkzoNobel’s partnerships with Lux Research and StartupDelta will focus on developing business opportunities stemming from the company’s Imagine Chemistry start-up challenge.

CAPAS To Promote ‘One Belt, One Road’ Initiative Advocating Environmental Protection

The fourth edition of the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services will be held from May 25-27 at the Chengdu Century City New International Exhibition & Convention Center.

Tim Sturdevant Presented with AWDA’s 2015 Art Fisher Memorial Scholarship Award

AWDA presented the 2015 Art Fisher Memorial Scholarship Award to Tim Sturdevant and SAE Warehouse, Sioux Falls, SD, for the company’s long-standing support for training and education within the auto care industry.

Opening Ceremony Held At Sumitomo Rubber’s New Factory In Turkey

Against a backdrop of steady economic growth in Turkey, there is growing demand for automobile tires in the market.

Chinese Engineering Firm Poly Technologies To Start Construction Of Uzbekistan-Based Rubber Plant

The rubber production facility is one of the key projects implemented as part of the cooperation agreement signed between China and Uzbekistan during the official visit of Chinese President Jinping Xi to the country.

Pep Boys Appoints John Kelly Senior Vice President, Chief Merchandising Officer

Kelly brings more than 30 years of merchandising experience in both hard and soft lines, as well as brick and mortar and online merchandising. He has held leadership positions at QVC, Circuit City, Sharp Electronics and Macy’s. Most recently, he served as the president of Decible, a start-up electronics joint-venture.

WORLDPAC Introduces TRW-Branded All-Makes Premium Chassis Program To Portfolio

The premium parts program focuses on all makes and models and consists of control arms, tie rods, stabilizer links, ball joints, tie rod ends and assemblies, idler and pitman arms and bushings.

Brembo Buys Partner’s Shares

Italian brake manufacturer Brembo SpA has acquired the 30 percent share in the Brembo Nanjing Brake Systems Co. Ltd joint-venture company held by Chinese partner Donghua Automotive Industrial Co. Ltd.

Performance Divide in China Auto Industry to Significantly Increase, According to AlixPartners Study

Despite a slowdown in the first half of 2012, annual growth of 8-12 percent expected over the next four years, according to executive survey.