I-Bytes Automotive Industry

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I-Bytes
Automotive
July Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates..................................................................................................................................................3
3. Rewards and Recognition Updates...................................................................................................................10
4. Customer Success Updates................................................................................................................................16
5. Partnership Ecosystem Updates.......................................................................................................................20
6. Miscellaneous Updates......................................................................................................................................33

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Financial, M & A
Updates Automotive Industry

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Financial, M&A Updates
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Delphi Technologies Shareholders Approve Acquisition by BorgWarner (USA)
BorgWarner Inc.announced that shareholders of Delphi
Technologies PLC approved BorgWarner’s all-stock
acquisition of Delphi Technologies at a special meeting. An
overwhelming majority of Delphi Technologies’
shareholders voted in favor of the transaction.BorgWarner
and Delphi Technologies are continuing to work diligently
towards closing the transaction, which is subject to the
receipt of the remaining required regulatory approvals and
satisfaction or waiver of other closing conditions, including
the sanctioning of the scheme of arrangement by the Royal
Court of Jersey.
Executive Commentary
"We appreciate that a large majority of Delphi
Technologies’ shareholders have voted to approve the
transaction, underscoring the value that we believe is
inherent in bringing our companies together, said
President and CEO of BorgWarner. We are now one step
closer to delivering the expected significant benefits of
this transaction to our combined stakeholders. We look
forward to closing the transaction which is expected to
occur in the second half of 2020."
Description
1

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Financial, M&A Updates
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Bridgestone (Japan) Acquires iTrack Solutions Business from Transense Technologies
Bridgestone Corporation announced it has completed the purchase of the iTrack
Solutions Business from UK-based Transense Technologies PLC.iTrack is a
globally-preferred provider of tire management solutions for the
off-the-roadvehicle market. The business offers a comprehensive tire pressure
monitoring system specially designed for mining tires. In addition to tire
temperature and pressure monitoring, the iTrack tire management platform
provides customizable geofencing, speed alerts and more to help mining
customers optimize their operations for increased productivity and
profitability.Bridgestone entered into a joint collaboration agreement with
Transense in August 2019 and began referring OTR customers to the iTrack
solutions platform at that time. Customer response to the tire management
platform has been overwhelmingly positive. Bridgestone will expand this
offering to additional OTR customers as it fully integrates the solution into its
portfolio. To ensure a seamless transition, all employees of the iTrack Solutions
Business will join Bridgestone as part of the acquisition.
Executive Commentary
"This acquisition helps move Bridgestone closer to its goal of becoming a
leader in sustainable and advanced mobility solutions, said Vice President and
Senior Officer, Responsible for G-MAA Solutions Business, Bridgestone
Corporation. As a global solutions provider, Bridgestone will create new
value for our customers by delivering tire and mobility-related data that
enhances their operations."
Description
2

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Solutions Updates
Automotive Industry

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Solution Updates
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Bridgestone (Japan) Launches New Global Tagline toward a Sustainable
Solutions Company
3
Solution Description
Bridgestone Corporation unveiled its new global brand tagline during a virtual press conference livestreamed today from the company's
Tokyo-based conference and training facility. The new "Solutions for your journey" tagline supports the company's Mid-Long-Term Business
Strategy Framework, which was also introduced at the press conference by Bridgestone Global CEO and Representative Executive Officer.The
new tagline and refreshed Bridgestone brand identity are part of the company's ongoing transformation and the evolution of its offering beyond
tires and diversified products to include advanced mobility and solutions. Bridgestone has outlined a vision of providing social value and customer
value as a sustainable solutions company today, tomorrow and toward the future in 2050, contributing to society's advancement with care,
confidence and creativity.The "Solutions for your journey" tagline will replace the existing Bridgestone brand tagline, "Your Journey, Our
Passion." The new tagline will be utilized globally in all markets where Bridgestone has sales and operations to strengthen the company's position
as a truly global company. Bridgestone will begin leveraging the new tagline in the second half of 2020 with a full-scale launch planned for the
first quarter of 2021.

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Solution Updates
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Goodyear (USA) Develops Additional Fitments for New, All-Electric Porsche
Taycan
4
The Goodyear Tire & Rubber Company will provide two additional fitments for the popular Porsche Taycan. Goodyear
was named the supplier for the first models of the Taycan in 2019 and the successful relationship led to additional work
with the premium German car manufacturer and two new Goodyear fitments on its all-electric model.Goodyear is one of
the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 46 facilities in 21
countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop
state-of-the-art products and services that set the technology and performance standard for the industry.

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Solution Updates
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Toyota (Japan) Unveils Corolla Cross in Thailand, a New Compact SUV
Adding Further Strength and Functionality to the Corolla Series
5
Toyota Motor Corporation has added the new Corolla Cross compact SUV to its Corolla series. The global premiere of the model was held in
Thailand, where sales have now commenced. The Corolla Cross will be launched in a growing number of other markets, going forward.Since its
launch in Japan in 1966, the Corolla series has sold a cumulative total of 48 million units or more, in more than 150 countries and regions around
the world; it is Toyota's best-selling car. The Corolla has continued to evolve in line with the needs of the times and of the regions it is sold in. By
adding a new model to the Corolla series to suit the growing demand of SUVs, the enhanced Corolla line-up enables customers to select the model
that better suits their diverse lifestyles and life stages.With "Corolla Meets SUV" being the key phrase for the development of the Corolla Cross,
the model was designed as a new type of SUV that combines dignified sturdiness in the exterior, and utility in a manner that exceeds customer
expectations. The TNGA platform has enabled the Corolla Cross to achieve high-quality performance, a comfortable ride, and outstanding
quietness. In addition to its exceptional comfort, the Corolla Cross provides a spacious cabin, easy entry into and exit from the car, class-leading
luggage space suitable for all scenarios, and safety equipment inherited from the Corolla series. In this way, the new model realizes comfort, utility,
and peace of mind for customers.

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Solution Updates
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Toyota (Japan) Launches New Acceleration Suppression System
6
Toyota Motor Corporation announced that it has developed a new Acceleration Suppression System, in addition to its existing system, to help
further deter serious accidents and reduce damage caused by misapplication of the accelerator pedal. Toyota launched this system as "Plus
Support" for new cars and added the function in the "Pedal Misapplication Acceleration Control System II" retrofit device for use with existing
cars.In 2012, Toyota introduced Intelligent Clearance Sonar for new vehicles and since 2018, had launched a retrofit "Pedal Misapplication
Acceleration Control System" for existing vehicles.These existing systems help prevent accidents caused by accelerator pedal misapplication
when sensors detect obstacles such as a wall or glass. According to data confirmed by Toyota, ICS helps prevent roughly 70 percent of all potential
accidents that could occur due to accelerator pedal misapplication. However, new technologies needed to be developed to reduce the remaining
number of accidents, including accidents in situations where obstacles are absent.At the development phase this time, Toyota first looked at actual
accidents where the cause was determined to be accelerator pedal misapplication, particularly analysing situations where the accelerator pedal was
pressed fully. The characteristics of these situations were then compared with big data collected from Toyota's connected vehicles.

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Solution Updates
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Toyota (Japan) Launches Stamping-Type Plating Machine that Significantly
Reduces Environmental Impact and Transforms Plating Process
7
Toyota Motor Corporation announced that it has developed a world's first stamping-type plating technology that uses a polymer membrane,
through which metal ions can pass, to apply plating, like a stamp, only to areas requiring plating. The technology is used in the plating process for
forming copper, nickel, and other metal coatings on substrates in the process of manufacturing electronic parts. Toyota has also announced a
collaboration with Mikado Technos Co., Ltd. and Kanematsu Corporation to manufacture and sell, and therefore expand the use of, new plating
machines based on this new technology. This new stamping-type plating machine eliminates the need of a dipping process where parts to be plated
are completely immersed in multiple baths of plating solution, which is required in the most common plating process at present. As a result, waste
solution can be dramatically reduced to about one-thirtieth and CO2 emissions to about one-third, which contributes to a significant reduction in
environmental impact. The technology also reduces plating time and process footprint.Toyota decided to launch the stamping-type plating
machine, which is expected to deliver these outcomes, and expand use to many companies in a range of industries, not just to its business partners
in the production of Toyota automobiles, to help reduce the impact on the environment and provide other benefits.

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Solution Updates
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Toyota (Japan) Launches New Model Harrier in Japan
8
Toyota is making the new Harrier model available through its Toyota dealers nationwide. From the first moment seeing, riding, or driving off in
the new Harrier, it resonates with a focus on sensory quality. Rather than relying on utility or numerical performance, Toyota's development goal
was to create a unique presence that fills the heart with its elegance. As a result, it created a vehicle that goes beyond the SUV category to offer
new value as "a life-enriching partner."In a clear distinction from other SUVs, the Harrier brings together simplicity, elegance, and robustness in
a fluent coupe form. Its high-quality interior space provides a sense of security from the first moment inside the cabin. As the vehicle drives off, a
feeling of comfort is engendered through responsive driving performance, while the quiet cabin leads naturally to pleasurable conversations with
friends. Spending time with the new Harrier will be an enriching experience.With the launch of this new Harrier model, Toyota is promoting
moving online. Online sales allow customers to see detailed estimate simulations for any dealer they want or exchange messages with sales
representatives from the comfort of their own home. By offering its customers a range of purchasing options to suit their diversifying lifestyles,
Toyota is able to enhance its services to allow people to move ahead smoothly with their decision to buy a car.

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Solution Updates
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Toyota (Japan) Offers Free Access to THUMS Virtual Human Body Model
Software
9
Toyota Motor Corporation announced today that it will make its Total Human Model for Safety software freely available from January 2021 as
part of its efforts toward a safe mobility society. THUMS is a virtual human body model software program for computer analysis of human body
injuries caused in vehicle collisions. Free access to THUMS, and subsequent use by a wider variety of users, is expected to enhance vehicle
safety.Designed to aid vehicle safety technologies' research and development, and developed in cooperation with Toyota Central R&D Labs., Inc.,
THUMS was the world's first virtual human body model software when it launched in 2000. It enabled simulation and analysis of injuries caused
in vehicle collisions. Since then, and up until the latest Version 6 was released last year, it has continually evolved to add a range of models with
different genders, ages and physiques that include skeletal structures, brains, internal organs, and muscles. Compared to the physical crash
dummies commonly used in vehicle collision tests, THUMS is able to analyse collision-related injuries in more detail, because it precisely models
the shapes and durability of human bodies. Conducting simulations on computers also enables repeated analysis of a range of different collision
patterns, while it can dramatically reduce development lead times and costs associated with collision testing.

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Rewards & Recognition

R & R Updates
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Valeo (France) ranks as France’s second biggest patent filer, all sectors combined
10
Valeo has taken second place in France’s INPI industrial property institute rankings, with 1,034 patents published in 2019, confirming its strong
capacity for innovation. Since innovation is at the heart of its strategy, Valeo has invested heavily in Research & Development over the last ten
years to develop technologies essential to reducing CO2 emissions and improving road safety. Its efforts have clearly paid off, as the Group was
named the top patent filer in France from 2016 through to 2018. With new patents filed with the INPI in 2019, Valeo’s innovations are now
protected by a portfolio of more than 33,300 patents across the world. Drawing on its experience and investments in Research & Development,
Valeo has perfected 12 new technological platforms to profoundly transform its product portfolio and cement its position as a world leader in
vehicle electrification and driving assistance systems. Now operational, these platforms allow Valeo to begin reaping the rewards of its innovation
strategy. Valeo-designed, Valeo-made high-tech products are at the heart of the three revolutions that are radically transforming the mobility
industry: vehicle electrification, increasingly autonomous driving and digital mobility. The Group is a world leader in both high-voltage and
low-voltage vehicle electrification solutions. It also has a global leadership position in driving assistance systems, with Valeo technology
integrated in one in four vehicles worldwide.
R&R Description

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Bridgestone (Japan) Wins Trademark and Trade Dress Infringement Lawsuit in
Brazil
11
Bridgestone Corporation announced that it secured a victory in its trademark and trade dress infringement lawsuit against
Brazilian retread company NEW TYRE REMOLDADORA DE PNEUS, in the São Paulo Court of Appeals.Bridgestone filed a
lawsuit claiming that NEW TYRE's manufacture and sale of tires featuring the TURANZA trademark and TURANZA ER300
tread pattern*2 infringed Bridgestone's trademark and trade dress rights. In December 2016, the São Paulo Court of Appeals ruled
in favor of Bridgestone and ordered NEW TIRE to cease infringing and pay damages. The quantification phase ascertaining the
figures owed by the Defendant was concluded in March 2020. This decision is very important leading case for the recognition of
the trade dress infringement of tires by the Brazilian Courts.Bridgestone takes the unauthorized use of its intellectual property
very seriously, and will continue to vigorously enforce its rights against infringers. Through its enforcement activities,
Bridgestone seeks to protect and enhance the company's goodwill and hard-earned brand value.
R&R Description

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Hyundai Motor Group (South Korea) Becomes Most Awarded Automotive Group
in the J.D. Power 2020 U.S. Initial Quality Study
12
Hyundai Motor Group received the most model-level awards in the J.D. Power 2020 U.S. Initial Quality Study, as seven models
ranked highest in their segments.Kia Motors Corporation tied for the highest in overall initial quality with a score of 136 problems
per 100 vehicles, making it the highest-marked mass market brand for the sixth consecutive year. It tallied four segment wins and
brand level award — the most for an individual brand. Kia Forte, Kia Sedona, Kia Sorento and Kia Soul each ranked highest in
their segments.For Hyundai, J.D. Power ranked Hyundai Tucson as the best compact SUV in initial quality, while Hyundai
Veloster also earned the top score in the compact sporty car segment. In addition, Hyundai Accent and Elantra both finished
second in their respective segments, while Santa Fe finished third.Genesis led the premium segment as the top-ranked premium
nameplate for four consecutive years. The G70 scored 129 PP100 to rank as the top Compact Premium Car for the second year
in a row.The 2020 U.S. Initial Quality Study is based on responses from 87,282 purchasers and lessees of new 2020 model-year
vehicles who were surveyed after 90 days of ownership.
R&R Description

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Kia Motors (South Korea) ranked #1 brand in industry in J.D. Power U.S. Initial
Quality Study
13
Kia ranked number one in the industryby J.D. Power in the 2020 U.S. Initial Quality Study, with a reported 136 problems per 100
vehicles. And for the sixth consecutive year, Kia is the number one mass-market automotive brand.Kia’s continued success in IQS
was led by having two models – Forte and Soul –included among the top 10 vehicles in the industry. Kia also had segment-best
performances from Forte, Sedona, Sorentoand Soul.The annual report analyzed responses from 87,282 respondents with regards
to 189 vehicle series across 26 segments. Vehicles were evaluated on driving experience, engine and transmission performance
and a broad range of quality issues reported by vehicle owners.
• Kia #1 mass-market brand for the sixth consecutive year
• More J.D. Power Awards for Initial Quality than any other brand, two years in a row
• The Forte, Sedona, Sorento and Soul each topped their respective segments
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Kia Telluride (South Korea) named to 2020 Wards 10 Best Interiors List
14
Kia Telluride recently has been named one of Wards 10 Best Interiors for 2020.The list recognizes outstanding achievement
in aesthetics, comfort, ergonomics, material use, fit-and-finish and user-friendly technology. The honor is just the latest
accolade for Kia’s biggest and boldest SUV, which continues to garner acclaim for segment leadership, innovation, design,
safety, driver satisfaction and overall value. The 2020 Telluride rides with good company. Previous Kia recipients of Wards
10 Best Interior honors include the 2018 Stinger, 2015 Sedona, 2014 Soul, 2013 Forte and 2011 Optima.Kia deserves every
accolade it’s received for its Telluride SUV. From the massive flat load floor, dual sunroofs and stellar infotainment system to
the heated and ventilated second-row seats, premium cloth headliner and third-row USB charging ports, the Telluride is an
excellent value, well-equipped in SX V6 trim for $47,255, as tested.
R&R Description

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Lear (USA) Recognized by General Motors as 2019 Supplier of the Year Winner
15
Lear Corporation, a global automotive technology leader in Seating and E-Systems, was named a GM Supplier of the Year by General
Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awardsDuring the event, GM
recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM's expectations, created outstanding value or
introduced innovations to the company. The awards ceremony was originally scheduled as a live-event to be held in March but was
postponed due to the impact of the COVID-19 pandemic. The recognition is for supplier performance in the 2019 calendar year.This is
the 19th time Lear has been named a GM Supplier of the Year. As a winner in 2019, Lear's Seating division exceeded GM's targets for
business performance and cultural priority metrics.The Supplier of the Year award winners were chosen by a global team of GM
purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product
Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.Lear, a global automotive
technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world.
R&R Description

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Customer Success

Customer Success Updates
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Aisin Group (Japan) selected as constituent of FTSE4Good Index Series
16
Aisin Seiki Co., Ltd. announced that is was selected as a constituent of the "FTSE4Good Index Series" and "FTSE Blossom Japan Index,"
which are the most representative environmental, social and governance practice indicators in the world.Both the FTSE4Good Index
Series and FTSE Blossom Japan Index were designed to measure performance of companies that demonstrate strong ESG. The FTSE
Blossom Japan Index was developed with input from the Japanese Government Pension Investment Fundin 2017 for ESG investment.
FTSE Blossom Japan Index is constructed so that industry weights align with the Japanese equity market and uses globally established
FTSE4Good Index Inclusion Rules, which are drawn from existing international standards including the UN Sustainable Development
Goals.Since its establishment, the Aisin Group has adhered to the corporate principle of "Quality First," and has sought to offer appealing
products that meet customers' needs. Furthermore, upholding our corporate principles of "Contributing to the advancement of society"
and "Harmony with society and nature," the Group promotes implementation of corporate behavior that helps create a sustainable society.
Description

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GM (USA)Delivers Over 713,600 Vehicles in China in the Second Quarter
17
Despite the major challenge caused by COVID-19, GM continued to enhance its product mix in China through an intensive launch cadence, with a sharpened focus on luxury vehicles,
midsize/large SUVs and MPVs. The Cadillac CT4, Buick GL8 Avenir, Buick new-generation GL8 ES and GL8 Legacy, and Chevrolet Blazer were introduced in the second quarter on a wide
range of online platforms.The brands remained resilient and their sales steadily picked up from the previous quarter, showing early signs of recovery.
• Buick deliveries topped 213,500 units in the second quarter, an increase of 7.8% from a year earlier. Buick fortified its longstanding leadership in the MPV segment with the introduction of
the all-new GL8 Avenir family. It has taken the brand to a more premium level of the segment, providing further opportunities to customers looking to upgrade. Buick will further strengthen
its SUV portfolio with the upcoming all-new Envision S.
• Cadillac deliveries surpassed 58,500 units. With the launch of the CT4 sedan in April, Cadillac now has its strongest and most complete lineup to compete in the steadily growing luxury
segment. The brand continued to offer a leasing program to attract young customers by enabling them to enjoy a flexible car ownership experience.
• Chevrolet delivered more than 77,600 vehicles. It upgraded the popular Monza and Onix sedan lineups, with new variants offering a wider range of propulsion options to meet the diverse
needs of its customers. The launch of the Blazer mid-large SUV is allowing Chevrolet to tap into one of China’s fastest-growing segments.
• Baojun had deliveries of nearly 94,100 units. The RC-5 sedan and the RS-7 SUV, the newest members of the brand’s lineup adorned with its diamond logo, will soon arrive in the market.
• Wuling sales grew 9.7% year over year to more than 269,800 units, showing robust momentum. It sustained its leading position in commercial vehicles while strengthening its foothold in
passenger vehicles through the introduction of its new global silver badge. The first product adorned with the new badge – the Victory MPV will be launched later this year.
Description

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GM (USA)Defense Awarded A $214.3M Contract to Produce the U.S. Army's
Infantry Squad Vehicle
18
The U.S. Army Contracting Command–Detroit Arsenal announced that GM Defense LLC, a subsidiary of General Motors, has been awarded the production
contract to build, field and sustain the Army's new Infantry Squad Vehicle. Designed to provide rapid ground mobility, the expeditionary ISV is a light and
agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad moving throughout the battlefield. The ISV is light enough to be sling loaded
from a UH-60 Blackhawk helicopter and compact enough to fit inside a CH-47 Chinook helicopter for air transportability. The total production ISV contract
award value is $214.3 million to procure the initial Army Procurement Objective of 649. The approved Army Acquisition Objective is 2,065 vehicles.GM
Defense's solution to the Army's next-generation transportation needs is based off the award-winning 2020 Chevrolet Colorado ZR2 midsize truck
architecture and leverages 90 percent commercial off-the-shelf parts. These parts include the Multimatic dual spool-valve dampers and Chevrolet
Performance suspension components. The durability and performance of those components have been proven in the grueling Best in the Desert race series,
where Colorado is one of only four vehicles to complete 11 consecutive races.As a result, GM Defense can deliver an ISV with world class manufacturing
efficiencies, ease of maintenance and a well-established global supply chain. All ISV models will be equipped with an occupant and cargo superstructure
powered by a 186-horsepower, 2.8L Duramax turbo-diesel engine, and six-speed automatic transmission.
Description

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MITSUBISHI MOTORS (Japan) concludes disaster cooperation agreement with
Gamagori City in Aichi Prefecture
19
MITSUBISHI MOTORS CORPORATION and its subsidiary Nishi Nihon Mitsubishi Motor Sales concluded a disaster cooperation agreement
with Gamagori City in Aichi Prefecture, and a ceremony was held at Gamagori City Hall to commemorate the occasion. MMC has been using the
parking lot at the Port of Gamagori for shipping export cars since 1978, and this agreement will now build stronger cooperative frameworks for
disaster preparedness in addition to business cooperation to date.The purpose of this agreement is to reduce time taken to confirm necessary
information with the local government when disasters occur, and to quickly provide disaster-affected areas and evacuation sites with MMC's
electric vehicles that can serve as power sources such as Outlander PHEV plug-in hybrid electric vehicle. MMC is promoting the DENDO
Community Support Program to establish disaster cooperation agreements with local governments throughout Japan by FY2022, and this
agreement with Gamagori City is the 55th thus far.The Port of Gamagori is where MMC ships finished cars produced at its Okazaki Plant in
Okazaki City, Aichi Prefecture, and at Pajero Manufacturing in Sakahogi Town, Gifu Prefecture, to North America and other global destinations.
MMC has shipped around 100,000 cars annually from Gamagori in recent years, and the cumulative total is expected to reach 2.5 million in 2021.
Description

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Partner Ecosystem

Partner Ecosystem Updates
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Adient(Ireland) modifies previously announced agreement with joint venture partner Yanfeng to restructure
existing joint venture relationships; transactions still expected to close in Adient's fourth quarter
20
Adient, a global leader in automotive seating, has entered into an amendment to its previously announced definitive agreement with Yanfeng Automotive
Trim Systems Co., Ltd. to make certain changes to their existing joint venture relationships.Adient agreed to sell its 30 percent ownership stake in Yanfeng
Global Automotive Interior Systems Co., Ltd.to Yanfeng for US$ 379 million. In connection with obtaining certain required regulatory consents, Adient and
Yanfeng have agreed to certain modifications to the transactions. The purchase price for the sale by Adient of its 30 percent ownership stake in YFAI will be
reduced to US$ 369 million, of which US$ 309 million will be paid at the closing of the agreed transactions and the remaining US$ 60 million will be paid
on a deferred basis post-closing. With respect to each YFAI fiscal year ending after the closing, starting with the year ending December 31, 2020, Adient will
be paid an earnout in an amount equal to 30 percent of YFAI's distributable earnings for such year until such time as the US$ 60 million deferred purchase
price is fully paid. In addition, the board of directors of each of Yanfeng Adient Seating Co., Ltd. and Adient Yanfeng Seating Mechanisms Co., Ltd.have
approved the distribution of dividends to their respective shareholders in the amount of RMB 1.9 billion and RMB 1.2 billion, respectively. The dividends
will be paid to the YFAS and AYM shareholders on or prior to June 30, 2020. Adient Asia Holdings Co., Limited will receive 49.99% of the YFAS dividends
and 50% of the AYM dividends.
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Bridgestone (Japan) brings its groundbreaking ENLITEN Technology to the roads for
the first time on key partner Volkswagen's all-electric ID.3
21
Bridgestone has collaborated with its long-term partner Volkswagen to bring its groundbreaking lightweight tyre technology to the car
manufacturer’s new all-electric ID.3 vehicle. The environmentally friendly ENLITEN Technology, which enables tyres to have a super low
rolling resistance while requiring less materials to be created, is being applied by Bridgestone for the first time on Turanza Eco tyres specially
engineered for the ID.Created to bring the benefits of e-mobility to more everyday drivers, the long-awaited ID.3 is Volkswagen’s first
all-electric vehicle launched to the market. During the ID.3’s development, Volkswagen sought a tyre fitment that offered a high level of
performance in both the wet and dry, good braking, long tyre life, and, most importantly, super low rolling resistance. That’s because rolling
resistance can have a huge impact on fuel use and, in this case, the ID.3’s battery power operating range.Bridgestone responded to all these
requirements with a custom developed Turanzatyre with ENLITEN Technology. Bridgestone’s new innovative lightweight tyre technology
sets a new lowered standard in material use and rolling resistance to deliver significant environmental benefits - perfect for a vehicle created
with sustainability front of mind.
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Bridgestone (Japan) Teams Up with Microsoft To Innovate with An Intelligent Tyre
Monitoring System for Enhanced Safety
22
Bridgestone, the world’s largest tyre and rubber manufacturer, is collaborating with Microsoft to develop a world-first monitoring system for detecting tyre
damage issues in real-time. These issues are a serious matter, contributing to some 30% of all car accidents caused by technical failure.Tyre issues take four
main forms: inadequate pressure, fatigue, irregular wear, and lastly, damage from curbs, potholes, or items on the road. Fortunately, most of these issues can
already be reliably mitigated against. TPMS have been mandatory in all cars built since 2012, and help motorists avoid low-pressure problems. Regular
service and replacing tyres in time will guard against wear and fatigue.The exception, and safety gap, has been tyre damage – which often cannot be detected
without close, manual inspection, and which can potentially occur at any time. Damaged tyres can lead to accidents. They can also adversely affect other
vehicle components, such as causing damage to the wheels, and thus create a further source of potential danger to motorists.Now that gap can be closed.
Bridgestone’s Tyre Damage Monitoring System delivers real-time awareness of damage. It uses MCVP’s cloud framework together with existing sensor data,
from hardware that is already installed, and uses algorithms to detect events affecting the tyre surface and carcass. The driver can then be immediately
notified of the hazard and act accordingly to remedy the situation. There is currently no other equivalent monitoring system available in the market.
Alternatives would require extra hardware to be installed.
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Japan Airlines and Bridgestone (Japan) Collaborate to Improve Aircraft Maintenance
Utilizing Tire Wear Prediction Technologies
23
Japan Airlines and Bridgestone Corporation announced they are utilizing tire wear prediction technologies to help realize greater
accuracy in aircraft tire management and maintenance plans. This collaboration involves J-AIR, which operates regional routes for the
JAL Group out of Osaka International Airport in Japan.Aircraft tires are used under harsh operating conditions, supporting the speed and
weight of aircraft while being exposed to repeated takeoffs and landings. Typically, aircraft tires need to be replaced after several hundred
takeoffs and landings. However, the rate of tire wear varies based on a variety of conditions, such as temperature, runway surface, weight
of the aircraft and more. As part of the collaboration, the aircraft insights and flight data of JAL and J-AIR will be combined with tire
insights and digital tire wear prediction technologies from Bridgestone to determine the optimal time to replace tires.This increased
accuracy will reduce wheel and tire inventories and improve the efficiency of aircraft maintenance programs. It will also contribute to
reduction of the environmental impact by reducing CO2 emissions from manufacturing and in-use stages.Looking ahead, JAL and
Bridgestone will continue this collaboration in order to create valuable contributions to the industry and society.
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DENSO (Japan) and Certhon Establish DENSO AgriTech Solutions
24
DENSO Corporation and Certhon Group announced they have established, DENSO AgriTech Solutions, Inc., a sales company focused
on providing innovative horticulture solutions.The joint venture will offer customers DENSO’s agricultural products, such as the Profarm
T-cube*, and Certhon’s world leading horticulture products and service. Moreover, it will provide next-generation turn-key horticulture
solutions, including agronomy consulting and aftermarket-services tailored to customer needs. Supported by a business collaboration
with Toyota Tsusho Corporation, DENSO AgriTech Solutions will strengthen sales of greenhouse solutions in Japan and other Asian
countries.DENSO and Certhon formed a capital alliance in March 2020 with the objective of uniting DENSO’s automotive technology
and Certhon’s horticulture technology to meet diverse demand of agricultural solutions globally. By establishing the sales company,
DENSO and Certhon will build a sustainable agricultural business by providing the cutting-edge technologies to global growers.Through
global expansion of next-generation greenhouse technology, DENSO will contribute to sustainable agricultural production as well as aim
to create the food value chain business providing new value for food-agro sector.
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Hyundai Motor, Kia Motors (South Korea) and LG Chem Launch Global
Competition to Invest in EV and Battery Start-ups
25
Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” , a global competition to identify up to 10 EV and battery
start-ups for potential investment and collaboration. New Energy Nexus, the international start-up support organization, will manage and facilitate the
competition.With the automobile industry’s increased focus on development of more eco-friendly vehicles, specifically EVs, the demand for
high-performance, high-efficiency batteries is greater than ever before. Hyundai and Kia have gained prominence in the global market with a
comprehensive portfolio of EVs. Hyundai Motor Group is planning to deploy 44 eco-friendly models by the year 2025, including 23 EVs.The chosen
start-ups will have the opportunity to work hand-in-hand with Hyundai, Kia, and LG Chem, to develop proof-of-concept projects while leveraging the
sponsors’technical expertise, resources and laboratories. The global competition offers start-ups the opportunity to showcase their respective innovative
technologies and unique business models. Through the EVBC, the three sponsors aim to identify and secure core technology capabilities that will bring
more value to their customers.Start-ups that have working prototypes and are building technologies in EV charging and fleet management, power
electronics and components, personalization services and battery management, systems, materials, recycling and manufacturing are strongly
encouraged to participate.
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Kia Motors (South Korea) partners with Google Cloud to develop AI-based Owner’s
Manual app
26
Kia Motors Corporation has announced the launch of a ‘Kia Owner's Manual App’, an AI-based owner’s manual developed in partnership with Google
Cloud and Megazone.The Kia Owner's Manual App is a customer-friendly mobile app that explains the name and functions of features found inside Kia
models using the smartphone camera. Instead of having to refer to the printed owner’s manual, drivers can use the app to more easily find information
about individual features. The easy-to-use app also has the advantage of being able to explain functions simply and conveniently.Kia has offered
augmented reality mobile apps to customers in certain markets since 2017. However, wide use of the app was limited as it required measuring all layouts
and switches for every new model. Kia, Google and Megazone focused on recognizing symbols on the switches making the app compatible with any
new models as symbols in vehicles are universal. Partnering with Google Cloud and Megazone means the new Kia Owner’s Manual app can be more
easily tailored and adapted for dozens of Kia’s global markets.By applying Google Cloud’s unique AI platform-based imagelearning technology, the
app’s Symbol Scanner function allows accurate identification of in-car switch symbols from any angle.For example, if a user scans the ‘cruise control’
symbol on the steering wheel with a smartphone, the AI platform will recognize the image via server communication. The smartphone then instantly
displays a video introducing the detailed functions of the cruise control system.
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The Matmut and Michelin Groups (France) strengthen their partnership for safer
roads
27
The Matmut and Michelin Groups strengthen their partnership for safer roads. The exploratory Matmut Connect Auto initiative, launched in 2018 to
reduce road traffic accidents, will be stepped up this year. From an initial phase in which 2,000 policyholders chose to receive personalized driving
advice, the experiment is being extended to include 10,000 drivers. Thanks to a brand-new telematics solar box on the vehicle and a dedicated app, the
experiment will observe and measure the correlation between driving scores and accident rates.It therefore naturally turned to Michelin, the leader in
sustainable mobility, which is playing its part in the partnership with the contribution provided by DDI. Created in 2015, DDI offering relies on
capturing, processing and analyzing driving data. DDI also coordinates a community of volunteer drivers committed to improving road safety: The
experience, built around DDI’s technology and expertise, relies on a connected box that captures detailed driving data and a mobile app that scores the
policyholder and provides personalized advice. Three main indicators are analyzed: speed, anticipation and the driver’s adaptability.This new phase of
the experiment is designed to compare the models established during the first phase against more driving situations, further improve the driving
diagnosis for Matmut Group policyholders, and provide advice at the right time should driving deteriorate. The aim is to take concrete action to reduce
road accidents.
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Maruti Suzuki (India) partners with Axis Bank for easy finance solutions
28
Maruti Suzuki India Limited has collaborated with Axis Bank to offer easy financing options for the potential car buyers. Axis
Bank is one of the key partners of Maruti Suzuki for dealer inventory as well as retail financing solutions.As a part of the tie-up,
Axis Bank will offer attractive flexi EMI options to ease the liquidity and repayment stress of customers during these tough times.
Axis Bank offers auto loans to a wide category of customer segments: salaried, self-employed and with or without income proof
customers.The organisations have been working closely over the years and will leverage the strong reach of 3000+ Maruti Suzuki
outlets and 4500+ Axis Bank’s extensive branch network to reach out to a wide cross-section of customers across the nation.
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Maruti Suzuki (India) partners with Karur Vysya Bank to offer consumers attractive
financial schemes to own a new car
29
Maruti Suzuki has partnered with Karur Vysya Bank to offer consumers simpler and flexible financing schemes to own a new
car.Under the partnership with Karur Vysya Bank, Maruti Suzuki customers can avail multiple attractive finance schemes and
longer repayment loan terms to own a new car. Maruti Suzuki’s vast network of 3,086 new car retail outlets across 1,964 cities
and towns added with 780 branches of Karur Vysya Bank across 22 States will make these schemes accessible for consumers
across India.Easy availability of finance is a key driver during these times. This partnership with Maruti Suzuki is an important
way to offer consumers convenience and cost-effectiveness at the same time. Karur Vysya Bank offers customers in-principle
loan sanction in 15 minutes and existing customer of the bank can get their loans disbursed on the same day. The entire process
from application to disbursement of the loan is digitalized with no manual intervention.
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Maruti Suzuki (India) ties up with IndusInd Bank to offer a range of finance options
for customers
30
Maruti Suzuki India Limited has collaborated with IndusInd Bank to arrange attractive finance schemes to help customers buy their favourite car.
MSIL has been arranging consumer finance with finance partners to support progressive restart of business activities in the automobile industry.For
addressing personal mobility needs of the customers in the wake of the current COVID-19 pandemic scenario, IndusInd Bank has offered a variety
of finance options including low EMI scheme, step-up and balloon payment options and funding 100% on-road price for the vehicles. IndusInd
Bank has a wide portfolio that can be customised for needs of salaried, self-employed, agriculturists and businessmen.MSIL has wide range of cars
and far-reaching dealer network of 3,086 showrooms across the country. IndusInd Bank has a network of more than 1,900 branches. This
association would help facilitate the car buyers to avail easy and attractive finance schemes.At IndusInd Bank, they are delighted to team up with
MSIL to roll out these curated offerings for customers who are keen on buying a car. With this partnership, they aim to fulfil the desires of
customers of owing a car of their choice in the most seamless manner. This initiative is a testament to our unflinching commitment towards
building flexibility in customizing solutions for our valued customers.
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Tata Motors’(India) continues to deepen its efforts to protect the environment in Pune
31
Tata Motors piloted the concept of Urban Forestry in Warje near Pune, few years back, in collaboration with Technology, Education, Research and
Rehabilitation for the Environment Policy Centre, an international environmental organisation. In a span of just 3 years, a project that started on a
40-acre barren plot witnessed immense success and was scaled up to 100-acres, transformed into a lush greenspace, becoming a micro-habitat and
a recreational attraction to the local communities. Since 2015, more than 2000 Tata Motors volunteers have planted over 50,000 indigenous
saplings at Warje. With 40% canopy cover, Wajre Urban Forestry is rich in biodiversity hosting 10 species of animals and reptile, 50 avian species,
200 species of insects and 15 species of vegetation. The increased green cover has provided the city with fresh clean air with the overall oxygen
production going up to 7 lakh kgs and sequestration of 3lakh kgs of carbon, annually. Additionally, the project also focused on reducing soil erosion
by 130%.Research is increasingly supporting the thesis that urban forests and urban trees are good for our physical and mental health and that it
provides a range of benefits to local communities. Keeping this in mind, Tata Motors piloted the concept of Urban Forestry in Warje near Pune,
few years back, in collaboration with Technology, Education, Research and Rehabilitation for the Environment Policy Centre, an international
environmental organisation.
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Tokuyama and Toyota (Japan) Start Verification Tests in Japan for Stationary Fuel
Cell Generator that Uses By-product Hydrogen
32
Tokuyama Corporation and Toyota Motor Corporation announce that they have commenced verification tests, using by-product
hydrogen, of a stationary fuel cell generator (FC generator) that makes use of the fuel cell system installed in the Mirai Fuel Cell
Electric Vehicle. The FC generator has been set up within the Tokuyama Factory grounds in Shunan City, Yamaguchi Prefecture. The
tests are scheduled to continue until the end of March 2022.By using components from the Mirai FC system, such as the FC stack,
power control unit, and secondary battery, Toyota seeks to produce a high-performance generator at a reasonable price. Development
on the FC generator was carried out jointly by Toyota and Toyota Energy Solutions, Inc.The newly introduced FC generator is based
on the FC generator with a rated output of 100 kilowatts that has undergone verification tests since September 2019 at Toyota's
Honsha Plant grounds in Toyota City, Aichi Prefecture. The rated output has been changed to 50 kilowatts, and other enhancements
have been made, such as adjusting the component layout to improve maintenance.
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Miscellaneous

Miscellaneous Updates
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BERU Branded Products Now in BorgWarner (USA) Packaging
33
BorgWarner is taking back the aftermarket sales and distribution activities of its market-leading BERU® glow plugs, glow
plug controllers and ignition coils. To be in line with the comprehensive aftermarket range the packaging of the products will
be gradually changed to the aftermarket packaging featuring the prominent blue BorgWarner logo.BorgWarner’s extensive
aftermarket portfolio and long-standing expertise in this segment support customers with a strong market presence, as well as
excellent delivery performance and service concept. This includes technical assistance for diagnostics and repairs, training
courses for authorized distributors and dealers, and uncompromising loyalty to specialist shops.All BorgWarner aftermarket
parts are available for a broad range of vehicles and deliver the same high performance, quality and reliability as BorgWarner
original-equipment products.
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Tata Motors (India) provides holistic support to truck drivers and fleet operators for
seamless supplies
34
Tata Motors, India’s largest commercial vehicle manufacturer, has been comprehensively supporting the transport ecosystem to ensure all necessary
supplies remain uninterrupted and seamless, nationwide. Closely working with truck drivers, small transporters, mid-size transport operators and fleet
owners amidst the unprecedented times, Tata Motors identified the existing and emerging pain points in every link of the transport value chain and
partnered it to address them in the most effective and efficient manner.During the lockdown, a dedicated, 24×7 helpline 1800 209 7979 was set-up for
truck drivers and transporters across the country. To speedily address the requests received, 900 emergency response teams were created and
meticulously located in key transport hubs and corridors. These teams were manned by 4,000 trained and experienced technicians selected from Tata
Motors extensive network of 1400 workshops nationwide and supported by 21 well-stocked warehouses with spare parts quickly accessible for fast
turnaround of vehicles. Over 10,000 requests received for vehicle related assistance were promptly addressed to keep the wheels of supplies running.For
frontline hero truck drivers transporting goods across the country, supplies of food, masks and sanitisers have been arranged at numerous
‘SaarthiAaramKendras’, across the entire Tata Motors operations network, and many other Indian Oil facilities located on the busiest national and state
highways across the country. Several thousand truck drivers benefitted from the facilities and services offered.
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