Aston Martin today took the covers off its first SUV in its 106-year history – the DBX – in Beijing, China, its most important global market. The Aston Martin SUV’s arrival represents a unique case of a hard-pressed car company fighting fire with fire. Aston Martin, floated on the stock exchange just over a year ago, has had… Continue reading Aston Martin reveals its first SUV in 106 years: the DBX
Author: Autocar_Professional India Online News
Hella dials into e-mobility, hives off relay business to China’s Hongfa
Hella to sell relay business to China’s Hongfa group In sync with the buzzing electric mobility and autonomous driving trends, global automotive supplier, Hella is hiving off its relay business. Hella will now sell its business to the Chinese relay manufacturer Hongfa for 10 million euro and the transaction is set to close by year-end.… Continue reading Hella dials into e-mobility, hives off relay business to China’s Hongfa
ZF and China’s Wolong Electric to set up JV for electric motors and components
L-R: Wu Jianbo, CFO of Wolong Electric Group; Chen Jiancheng, chairman of Wolong Electric; Jörg Grotendorst, Head of ZF’s E-Mobility Division; and Dr Ye Guohong, VP, Head of E-Mobility Asia Pacific. ZF Friedrichshafen and China’s Wolong Electric Group are stepping up their existing cooperation. The two companies are to set up a joint venture to manufacture components and electric motors for… Continue reading ZF and China’s Wolong Electric to set up JV for electric motors and components
Bloodhound LSR creates new record, hits top speed of 628mph
Bloodhound LSR will now focus on development and fund-raising ahead of land speed record bid in 2020 or 2021. The British machine will now focus on development and fund-raising ahead of land speed record bid in 2020 or 2021. It reached a new top speed of 628mph as it wrapped up testing in South Africa… Continue reading Bloodhound LSR creates new record, hits top speed of 628mph
Anand Group scouts for acquisitions amidst slowdown
The 19-company, multi-product and well-diversified Rs 10,200 crore automotive component supplier takes a cautious approach in conserving cash in the midst of the industry slowdown but could be spending in a new inorganic move or two.A few years ago, the Anand Group set up an Automotive Growth Council within the group with the objective of… Continue reading Anand Group scouts for acquisitions amidst slowdown
Kia’s new India-bound compact SUV caught testing
Kia Motors, which is currently enjoying a robust run in the Indian market and already has a 4.85% share of the Utility Vehicle market, is readying its new product for this market. The Korea carmaker has been working on a compact SUV (codenamed QYI) to rival the likes of the Hyundai Venue and Maruti Vitara Brezza.… Continue reading Kia’s new India-bound compact SUV caught testing
Shape Corp’s innovative 3D roof rail tube wins Swedish Steel Prize 2019
Groundbreaking use of martensitic steel in a 3D-formed tube for roof rail applications represents a first in the automotive industry; will result in both cost savings for OEMs and safer cars. Shape Corporation of the USA has won the 20th international Swedish Steel Prize for groundbreaking use of martensitic steel in a 3D formed tube for automotive… Continue reading Shape Corp’s innovative 3D roof rail tube wins Swedish Steel Prize 2019
ZF and Danfoss ink strategic partnership for R&D and power modules
Harald Deiss, Head of ZF Business Unit Electronic Systems; Jorg Grotendorst, Head of ZF Division E-Mobility; Kim Fausing, CEO, Danfoss Group; and Claus A. Petersen, Head of Danfoss Silicon Power. ZF Friedrichshafen and Danfoss Silicon Power, a subsidiary of the Danfoss Group, the largest industrial company in Denmark, have stepped up their existing cooperation with… Continue reading ZF and Danfoss ink strategic partnership for R&D and power modules
Ferrari reveals new 602 hp Roma Coupe
The fifth new model Ferrari has launched in 2019, the Roma is termed a “2+” coupe, which Ferrari says features “refined proportions and timeless design” while offering “unparalleled performance and handling.” Roma is 200mph front-engined machine with V8 turbo motor. While it shares some underpinnings with the Portofino drop-top, the new machine features bold new styling and is described by the Italian… Continue reading Ferrari reveals new 602 hp Roma Coupe
Volkswagen breaks ground for EV manufacturing plant in the USA
Rendering of expansion for electric vehicle production. The Chattanooga site will be VW’s North-American hub for EV manufacturing. Volkswagen of America has today marked the start of construction for its electric vehicle production facility. The Chattanooga site, where production begins in 2022, will be Volkswagen’s North American assembly base for electric vehicles on the Modular… Continue reading Volkswagen breaks ground for EV manufacturing plant in the USA