Automotive Manufacturing News

ATLANTA--(BUSINESS WIRE)--Magnolia Advanced Materials opened a Technical Support Center in Scotland to meet rising global demand for its epoxy adhesives and syntactics....

ANN ARBOR, Mich.--(BUSINESS WIRE)--North American companies ordered 9,055 robots valued at $543 million in the first quarter of 2026, according to new data released by the Association for Advancing Automation (A3). Compared to the first quarter of 2025, this represents a 0.1% decrease in units ordered and a 6.4% decline in revenue1. While unit orders were essentially flat, order revenue declined year over year, driven largely by a cyclical decline in Automotive OEM orders, which fell 35.1% in u...

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Aptiv’s Advanced Radar Technology Supports Volvo Cars’ Longstanding Ambition to Make Roads Safer for Everyone....

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Wind River, an Aptiv company and global leader in software for the intelligent edge, today announced that Superheat, a global leader in advanced onsite heat treatment solutions, will use Wind River’s eLxr Pro™ to power its next-generation industrial controllers deployed across critical oil, gas, energy, shipyard, aerospace, and defense applications. eLxr Pro will empower Superheat in the ongoing evolution of its proprietary wireless-remote heat treatment c...

DAVIDSON, N.C. & PLYMOUTH, Mich. & ROLLE, Switzerland--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission‑critical flow creation and industrial and life science solutions and Garrett Motion (Nasdaq: GTX), a global leader in differentiated turbocharging and electrification technologies for mobility and industrial applications, today announced a multiyear strategic partnership to develop next generation oil-free air technologies designed to deliver greater energy effici...

CHICAGO--(BUSINESS WIRE)--Shore Capital Partners ("Shore" or "Shore Capital"), a Chicago-based private equity firm with offices in Nashville, today announced that Aurelio Banda has joined the firm as an Executive Operating Partner, where he will lead Shore’s platform strategy to build a premier value-added industrial automation distributor. In this role, Banda will be responsible for sourcing and evaluating prospective acquisition partners, while developing a commercial and operating strategy f...

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a leader in sensing and perception for Physical AI, announced today its new Rev8 OS family of digital lidar sensors are qualified to run on the NVIDIA DRIVE Hyperion platform for accelerating development and deployment of level 4 autonomous vehicles. Rev8 Sensor Compatibility with NVIDIA DRIVE Hyperion As a vendor within the open NVIDIA DRIVE ecosystem, Ouster’s Rev8 OS have met the requirements of DRIVE Hy...

PLANO, Texas--(BUSINESS WIRE)--Diodes Incorporated (Diodes) (Nasdaq: DIOD) today announced that Dr. Keh-Shew Lu has retired as Chairman of the Board of Directors, effective immediately, following more than 25 years of distinguished service to the Company. The Board of Directors has elected Ms. Angie Chen Button to serve as Chairwoman of the Board. Retirement of Dr. Keh-Shew Lu Dr. Lu joined Diodes in June 2005, when the Company had annual revenue of approximately $215 million. Over the course o...

GENEVA--(BUSINESS WIRE)--AMP IT, a Geneva-based energy and mobility company, today announced the successful completion of a new funding round to accelerate the deployment of its private EV charging and energy management platform across Switzerland and international markets. Founded in 2021, AMP IT develops, finances, installs, and operates smart EV charging infrastructure for residential buildings, commercial real estate, and corporate fleets. Through its charging-as-a-service model, the compan...

DALLAS & NEW YORK & LONDON & TOKYO & MILAN & BERGAMO, Italy--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has completed the acquisition of DOMO Engineered Materials (“DOMO EM”), a business division of DOMO Group. DOMO EM is a global leader in the development and production of polyamide-based engineered materials and its leading TECHNYL® brand supports a wide range of high-performance applications in the automotive, electrical and e...