nd is no louder than that of a typical petrol-powered car, it is distinct enough to be recognized by pedestrians. The feature is particularly vital for people who are blind or have low vision, ensuring they can navigate streets and public areas more safely. Implemented under Australian Design Rule (ADR) 113/00, the regulation is expected to prevent around 68 fatalities and 2,675 serious injuries by 2060. All newly approved models entering the mar...

News  Updated at: 2025/11/07

Stellantis partners with Enel and Fraunhofer for PIONEER battery storage project in Italy On June 3, Stellantis announced that its circular economy unit, SUSTAINera has supported the PIONEER project, developed by Enel and ADR with scientific input from Germany's Fraunhofer Institute. Located at Rome Fiumicino Airport, it is Italy’s largest and one of Europe’s biggest energy storage systems using second-life EV batteries. The system stores ren...

News  Updated at: 2025/06/04

is completed, JIS Fund’s stake in Akebono Brake will increase to 50.72%, and Toyota’s stake will decrease to second place. Akebono Brake’s financial foundation became worse due to poor performance in the North American operations, and the company applied for an alternative dispute resolution (ADR) proceeding, a type of voluntary out-of-court settlement, in 2019. Akebono Brake raised JPY 20 billion from JIS Fund in the same year and reduced ...

News  Updated at: 2024/12/23

partnership with Ecobat, a global battery recycling firm, to collect and recycle EV batteries. The agreement supports VWG UK's commitment to a circular energy economy and sustainability. Ecobat will collect and recycle lithium-ion EV batteries from dealers, distributors, and recycling centers using ADR-compliant vehicles. Ecobat will process the batteries at its new UK lithium-ion recycling center, the third of its kind alongside facilities in Ge...

News  Updated at: 2024/02/27

Akebono Brake to close plant in Kentucky, U.S Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will close its Akebono Brake, Elizabethown Plant in Kentucky, U.S. The plant conducts manufacturing and sales of brake products such as, disc brakes and drum brakes. Under the alternative dispute resolution (ADR) proceeding for business revitalization, Akebono Brake has been reviewing the North American business to realize a single pla...

News  Updated at: 2023/10/23

ns including the refunding of loans that it hopes to reach an agreement by the end of March 2024 after deliberations with them. Akebono Brake Industry’s financial situation has deteriorated because of its sluggish North American business. The company applied for an alternative dispute resolution (ADR) proceeding for business revitalization in January 2019, which was completed in September 2019. Akebono Brake Industry has been going through a bu...

News  Updated at: 2023/08/10

will begin in June 2023.These stakeholders also appeared hopeful that the inclusion of the 2 and 3-wheelers in the EV import tariff break shall be made effective sooner than the scheduled review of Executive Order (EO) No.12 in early 2024.According to Professor and Fellow for Education of Stratbase ADR Institute, the inclusion of e-motorcycles in the executive issuance is critical, as electric mobilities can be an alternative mode of transportati...

News  Updated at: 2023/06/01

Marelli to begin simplified civil rehabilitation proceeding on July 7 Marelli Holding Co., Ltd. (Marelli) will begin its simplified civil rehabilitation proceeding on July 7. At the third creditors’ meeting held on June 24, an alternative dispute resolution (ADR) proceeding, a type of voluntary out-of-court settlement, was not concluded. Marelli filed for the commencement of civil rehabilitation proceedings on June 24 and has been preparing for...

News  Updated at: 2022/07/04

Marelli to change from alternative dispute resolution proceeding to simplified rehabilitation proceeding Marelli Holdings Co., Ltd. (Marelli) announced on June 24 that it will shift from an alternative dispute resolution (ADR) proceeding, a type of private arrangement, to a simplified civil rehabilitation proceeding that allows for the early approval of a business rehabilitation plan in the same framework as ADR. Even if the company transfers to...

News  Updated at: 2022/06/27

e Expo (MCVE) 2022 and a 440hp MAN TGS 6x2. The First-time customer, container specialist Timur Permai Haulage Sdn Bhd, received a 440-hp new MAN TGS 6x2, while another first-time customer, Rani Transport Sdn Bhd, took delivery of a 360-hp new MAN TGS 4x2. Meanwhile, Globonus Sdn Bhd also chose an ADR specification new MAN Truck Generation which is the 440-hp new MAN TGS 6x2 that meets its requirements as a key vendor to a multinational oil and ...

News  Updated at: 2022/06/21

Marelli’s restructuring plan to be settled in late June Several media sources reported that Marelli Holdings (Marelli) has received approval from its creditors to postpone the conclusion of an alternative dispute resolution (ADR) proceeding, a type of voluntary out-of-court settlement, to late June. The decision was made at the fourth meeting of creditors held on May 16. (Based on various releases dated May 16, 2022)...

News  Updated at: 2022/05/18

KKR and other funds considering participation in Marelli sponsor bid According to several media sources, several funds including KKR, a U.S. investment fund, are considering to participate in the bidding to select sponsors for Marelli Holdings’ (Marelli). Marelli applied for an alternative dispute resolution (ADR) proceeding, a type of voluntary liquidation for out-of-court settlements. KKR is a shareholder of Marelli, which acquired Calsonic K...

News  Updated at: 2022/03/14

Tokyo Radiator’s parent company Marelli applies ADR business revitalization Tokyo Radiator Mfg. Co., Ltd. (Tokyo Radiator) announced that its parent company, Marelli Holdings Co., Ltd. (Marelli), has applied for an alternative dispute resolution (ADR) proceeding, a type of voluntary liquidation for out-of-court settlements. Tokyo Radiator, on the other hand, is not affected by the proceedings as it is not subject to them. (From a press release ...

News  Updated at: 2022/03/10

Marelli’s ADR process agreed by all 26 financial institutions According to several media sources, Marelli Corporation (Marelli, formerly Calsonic Kansei Corporation) has held its first creditors’ meeting on March 7, 2022 for its application of an alternative dispute resolution (ADR) proceeding, a type of voluntary liquidation for out-of-court settlements. Including its main bank, Mizuho Bank, all 26 banks with which Marelli has dealings agree...

News  Updated at: 2022/03/08

Marelli applies for alternative dispute resolution On March 1, Marelli Holdings Co., Ltd. (Marelli), a major automotive parts maker, applied for an alternative dispute resolution (ADR) proceeding, a type of voluntary liquidation for out-of-court settlements. The company’s total liabilities are likely to exceed JPY 1 trillion. Marelli will seek financial support such as debt forgiveness from its main Mizuho Bank, Ltd. and other financial institu...

News  Updated at: 2022/03/03

Marelli to apply for ADR business revitalization for JPY 1.1 trillion debt According to several media sources, Marelli Corporation (Marelli) is in the process of coordinating with its banks to apply for an alternative dispute resolution (ADR) on business revitalization. The financial performance of Marelli has deteriorated due to poor performance of its main customer, Nissan Motor Co., Ltd., and production stagnation within the entire automotive ...

News  Updated at: 2022/02/15

r orientation, assistance systems, digital connectivity and reducing the environmental impact. Priced from MYR 340,000, 5 variants of the new TGS model are on offer, specified for 3 main configurations: 4x2 and 6x2 for haulage/container, 6x4 for construction and heavy-duty use, and 4x2 and 6x2 with ADR (Agreement Concerning the International Carriage of Dangerous Goods by Road) specifications. Mated to a 12-speed MAN TipMatic intelligent gearbox ...

News  Updated at: 2021/12/02

Sanden HD completes Turnaround ADR Procedures Sanden Holdings Corporation (Sanden HD) announced that it has conducted the issuance of new shares through third-party allotment following the completion of payment from Hisense Japan Automotive Air Conditioning Systems Limited Liability Company (Hisense Japan Automotive Air Conditioning Systems), a special-purpose company established by Hisense Home Appliances Group Co., Ltd. As a result of this thir...

News  Updated at: 2021/06/03

ifications that do not meet Australian standards are the key issue. Car produced for the Indonesian market still use the Euro 2 or Euro 3 Standard, while Australia is already Euro 4. Besides, the Australian Department of Infrastructure, Transport, Regional Development and Communications applies the ADR 79/04 emission standard for light vehicles is based on the Euro 5 standard, while Indonesia has just implemented Euro 4. Therefore, the Minister p...

News  Updated at: 2021/02/11

. Thanks to its elegant design, the work lamp also blends in perfectly with the general appearance of the vehicle. FMS is also certified for protection classes IP 6K7 and IP 6K9K which require protection from dust and water penetration. In addition, the work lamp meets the legal requirements of the ADR/GGVSEB legal standards and is therefore also suitable for transporting hazardous goods. The FMS is manufactured at the Hella company site in Austr...

News  Updated at: 2020/11/05