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NY advances with connected vehicle pilot
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
The New York City Department of Transportation (NYC DOT) has selected TransCore to lead the initial design of its Connected Vehicle Pilot Deployment Program reports BusinessWire. When deployed, this project will integrate TransCore’s TransSuite Traffic Management System technology with an in-vehicle device to further improve traffic flow, reduce accidents and improve pedestrian safety. Supporting Mayor [...] -
Positive Q3 outlook for AkzoNobel
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
AkzoNobel’s third quarter results show positive developments in profitability in all three business areas – decorative paints, performance coatings and specialty chemicals – despite what it claims a ‘challenging market environment’. Third quarter (Q3) 2015 operating income increased 30% to €436 million, reflecting the positive effects of process optimisation, lower costs, reduced restructuring expenses and [...] -
Carstar acquired by Roark Capital Group
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
US and Canadian based collision repair franchise, Carstar Auto Body Repair Experts has been acquired by Driven Brands Inc, a portfolio company of Roark Capital Group and the nation’s leading franchise automotive company. Carstar is one of the largest multi-shop network of independently owned collision repair facilities in the U.S., operating in more than 240 [...] -
Toyota recalls 6.5 million cars
- October 21, 2015
- Posted by: Simon Wait
- Category: Industry News
Japanese carmaker Toyota has said it will recall 6.5 million vehicles worldwide over a faulty window switch. The power switch could potentially short-circuit, causing parts to overheat and could lead to a fire. Toyota has already recalled some 10 million cars globally that were fitted with faulty air bags linked to a number of deaths. The [...] -
Takata recall could expand further
- October 20, 2015
- Posted by: Simon Wait
- Category: Industry News
Regulators in the US said they could expand their investigation into Takata air bag inflators beyond 11 car manufacturers, as questions arose about whether vehicle design played a role in the devices posing a deadly risk to the public. National Highway Traffic Safety Administration (NHTSA) chief Mark Rosekind said his agency can add more car manufacturers to [...]