(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (2nd LD) Hyundai Motor to streamline governance structure
Category: News Type
(LEAD) Hyundai Motor to streamline governance structure
(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (LEAD) Hyundai Motor to streamline governance structure
Hyundai Motor to streamline governance structure
SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure by spinning off and merging two major affiliates. The auto group plans to spin off auto parts maker Hyundai Mobis Co.’s core module business unit and then merge it with logistics firm Hyundai… Continue reading Hyundai Motor to streamline governance structure
Export Offensive Continues: Opel Announces Importer for Lebanon
Rüsselsheim. Opel is continuing its export offensive. The company has signed an agreement with the renowned A.N. Boukather Holding which will become the exclusive sales partner of the German brand for the Lebanese market…
US customers file class action lawsuit against BMW
BMW is suspected, like Volkswagen had manipulated the emission control of vehicles. In the US, customers have now teamed up to sue the group. BMW world in Munich Wednesday, 28.03.2018 09:49 clock As the sixth automaker threatens now synonymous BMW a US lawsuit for a possible exhaust gas fraud in diesel cars. US customers accuse… Continue reading US customers file class action lawsuit against BMW
More than just scratches in the paint
After VW and Daimler is now BMW in the US because of the exhaust gas scandal in court. If the plaintiffs get law, that could cost the Munich Dax Group hundreds of millions – and the good image. BMW headquarters in Munich Wednesday, 28.03.2018 20:57 clock Little time? At the end of the text there… Continue reading More than just scratches in the paint
PSA continues to import petrol engines from China
builders By Christophe Jaussaud, the 28/03/2018 In 2017, PSA has already imported 53,000 Pure Tech Turbo engines from China to Europe. DPCA, PSA’s JV in China, announces that it will export 90,000 Pure Tech 1.2 Turbo engines to Europe during the first half of the year. Meanwhile Opel plants in Tychy (Poland) and Szentgotthard (Hungary)… Continue reading PSA continues to import petrol engines from China
Jaguar I-Pace: Waymo drives 20,000 electriccats autonomously
Waymos Jaguar I-Pace (Picture: Jaguar) Waymo, a subsidiary of the Google parent company Alphabet, wants to carry out its autonomous driving services in future with electric cars and has selected the Jaguar I-Pace. Up to 20,000 pieces are to be used for the driving service. Waymo and Jaguar have introduced new, autonomous and all-electric vehicles.… Continue reading Jaguar I-Pace: Waymo drives 20,000 electriccats autonomously
Marvell partners Nvidia to provide OEMs with secure autonomous platform
Marvell’s automotive Ethernet switch integration in Nvidia Drive Pegasus Platform for Level 5 autonomy. US-based storage technology company, Marvell has announced that its 88Q5050 secure automotive Ethernet switch is integrated into the Nvidia’s ‘Drive Pegasus’ platform for autonomous vehicles, which it claims is the first commercially available solution with embedded security built into the core.… Continue reading Marvell partners Nvidia to provide OEMs with secure autonomous platform
DENSO brings Advanced Automotive Technology R&D to Israel
KARIYA (Japan) ― DENSO Corporation today unveiled its newest innovative satellite R&D team in Israel, accelerating advanced technologies like automated driving, cybersecurity, and AI. Starting in April, DENSO’s R&D satellite will begin collaborating with local startups to pioneer new technologies. This is the newest satellite in DENSO’s global R&D network located in key regions. DENSO… Continue reading DENSO brings Advanced Automotive Technology R&D to Israel