investment Archives - Page 2 of 2 - aftermarketNews
DENSO Invests $190M, Adds 320 Jobs At Athens, Tennessee, Manufacturing Location

The investment will add four new production lines, increasing DENSO’s ability to produce and deliver key parts for its customers.

DENSO Invests In Mobility-As-A-Service Company Ridecell

To date, DENSO has now provided funding to startups focusing on four core areas: autonomous driving, connected vehicles, cybersecurity and mobility and IoT.

DENSO Invests $1B In US Automotive Manufacturing To Produce The Future Of Mobility

DENSO has been developing its roadmap for future mobility for the past three years, including determining the best location to establish its North American manufacturing hub.

Hino To Make Substantial Investment To Expand US Operations

The total investment to the new plant will be approximately $100 million, creating about 250 new jobs in early 2020 over a two-shift operation.

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.

Osram Invests In LiDAR Expert LeddarTech Inc.

LeddarTech specializes in solid-state LiDAR systems that use infrared light to monitor the area around them.

Robert Bosch Venture Capital Invests In iguazio

The Israel-based company aims to accelerate the digital transformation of enterprises and simplifies real-time analytics on-premises and in hybrid environments, complementing the offerings of leading cloud providers.

Toyota Opens Billion Dollar, State-Of-The-Art North American Headquarters In Texas

Three years ago, Toyota announced its “One Toyota” initiative to create more unified operations in North America, in part, by bringing together its quality engineering, sales, marketing, financial services and corporate functions in one location.

BASF Invests $40M In Automotive Coatings In North America

The investments add capacity to the company’s production plants in Greenville, Ohio, and Tultitlan, Mexico.

Bridgestone Makes Strategic Investment In Proactive Ride Technology

As part of the investment, Bridgestone will have opportunities to integrate and leverage ClearMotion’s forward-looking technology to rapidly engineer new solutions for the automotive industry.

Schaeffler Makes Investments, Creates Jobs In South Carolina

Schaeffler has created more than 100 new jobs at the Fort Mill, South Carolina, location.