DETROIT, Jan. 16, 2018 /PRNewswire/ — The search for new lightweight solutions is one of the most important drivers in the automotive industry. At the North American International Auto Show (NAIAS), Adient, the world’s leading automotive seating supplier, is showcasing technologies that use alternative materials and composites to reduce vehicle weight without compromising passenger comfort or… Continue reading Adient unveils lightweight solutions for seat structures
Author: PR Newswire Online News
Magna Announces Outlook
Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /PRNewswire/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020. Don Walker, Magna’s Chief Executive Officer (CNW Group/Magna International Inc.) Vince Galifi, Magna’s Chief Financial… Continue reading Magna Announces Outlook
Visteon Announces New $500 Million Share Repurchase Authorization
VAN BUREN TOWNSHIP, Mich., Jan. 16, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized an additional share repurchase program of up to $500 million of common stock to be executed through 2020, reflecting the company’s strong balance sheet and free cash flow generation. Visteon expects to fund… Continue reading Visteon Announces New $500 Million Share Repurchase Authorization
Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions
DETROIT, Jan. 15, 2018 /PRNewswire/ – Automakers now have a radar option that leapfrogs the competition as Magna unveiled its ICON RADAR at the North American International Auto Show (NAIAS). Setting a new standard in high-resolution automotive radar, ICON RADAR incorporates advanced technology used by the U.S. military to provide precise detection, extensive range and high… Continue reading Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions
Shell Acquires Interest in Silicon Ranch Corporation
NASHVILLE, Tenn., Jan. 15, 2018 /PRNewswire/ — Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, announced today that it has signed an agreement to make Shell its largest shareholder. As part of the agreement, Shell will acquire a 43.83% interest in Silicon Ranch from Partners Group, the global private markets… Continue reading Shell Acquires Interest in Silicon Ranch Corporation
Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
DETROIT, Jan. 15, 2018 /PRNewswire/ — Like molten metal being forged into a fine Japanese sword, the lines of the Lexus LF-1 Limitless concept have the potential to shape the future of a flagship luxury crossover for Lexus. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit.… Continue reading Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
DETROIT, Jan. 15, 2018 /PRNewswire/ — Nexteer Automotive today introduced Digital Trace™ Manufacturing, one of the most advanced, holistic, integrative approaches to design and manufacturing systems ever seen in the auto industry. The system uses the latest technologies and data analytics within one common, global architecture. For customers, this will help deliver high-quality product performance while… Continue reading Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
Adient’s AI18 concept vehicle showcases the future of automotive seating
DETROIT, Jan. 15, 2018 /PRNewswire/ — Adient (NYSE: ADNT), the largest global automotive seating supplier, will demonstrate how new forms of mobility affect vehicle interiors with its AI18 concept vehicle at the 2018 North American International Auto Show (NAIAS). The innovative new concept was developed based on the findings of Adient’s proprietary studies of automotive customers’… Continue reading Adient’s AI18 concept vehicle showcases the future of automotive seating
HELLA presents autonomous driving solutions for enhanced connectivity, efficiency and individualization at NAIAS
PLYMOUTH, Mich., Jan. 15, 2018 /PRNewswire/ — At the 2018 North American International Auto Show (NAIAS), the lighting and electronics expert HELLA will display its latest technologies that not only enable higher levels of autonomous driving, but also allow OEMs and drivers the freedom to create more customized vehicles. The company will showcase its multifunctional SHAKE… Continue reading HELLA presents autonomous driving solutions for enhanced connectivity, efficiency and individualization at NAIAS
HELLA showcases emerging mobility solutions at AutoMobili-D
PLYMOUTH, Mich., Jan. 15, 2018 /PRNewswire/ — Lighting and electronics expert HELLA will give attendees at the 2018 North American International Auto Show (NAIAS) the opportunity to personally experience its innovative solutions shaping the future of mobility. For the first year, the company will have a demo vehicle at AutoMobili-D equipped with many of its… Continue reading HELLA showcases emerging mobility solutions at AutoMobili-D