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
Category: Official Press Release
Delphi Technologies invests in innovative capacitor start-up
LONDON, Jan. 16, 2018 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a global leader in vehicle propulsion, today announced an investment in PolyCharge America, Inc. (www.polycharge.com), a start-up established to commercialize a new capacitor technology. This technology helps to make high-power inverters smaller, lighter and more tolerant to high temperatures. (PRNewsfoto/Delphi Technologies)… The minority equity… Continue reading Delphi Technologies invests in innovative capacitor start-up
Press Release – Magna Announces Outlook
Please click HERE for a PDF version of the release. Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /CNW/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020. “The pace of change in… Continue reading Press Release – Magna Announces Outlook
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
Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU
Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU
BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions
Munich. The BMW Group has acquired Parkmobile, LLC, the largest provider of mobile parking services in North America, in January 2018, making the BMW Group the leading international provider of digital parking solutions. With its corporate strategy NUMBER ONE > NEXT, the BMW Group is firmly focused on the mobility of the future and investing… Continue reading BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions
Now on the 2025AD Discussion Platform: Research Database for Automated Driving
As of January 2018, 2025AD.com offers a database of recent studies relating to artificial intelligence, urban mobility, road safety, legal matters and ethics Varied perspectives; facts that stand up to scrutiny: For two years now, the 2025AD social web platform has offered a venue for lively discourse on the future of automated driving Business, politics,… Continue reading Now on the 2025AD Discussion Platform: Research Database for Automated Driving
SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018
SEAT is attending the Mobile World Congress 2018 with a spectacular portfolio full of developments in connectivity. Participating this year for the fourth time in a row, the brand is going to showcase its latest solutions and advances in Easy Mobility, which is its strategy for developing future mobility. The fully customisable SEAT Simulator, the… Continue reading SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018
Strong acceleration in 2017: Groupe PSA worldwide sales up 15.4%
• Groupe PSA sold 3,632,3001 vehicles worldwide• 4th consecutive year of improvement in Groupe PSA sales• Successful SUV product offensive supporting the Group’s profitable growth• Strengthening European leadership in Light Commercial Vehicles (LCV) for PEUGEOT and CITROËN, with a 20.2% market share The Push to Pass plan’s SUV offensive accelerates and the five SUV models… Continue reading Strong acceleration in 2017: Groupe PSA worldwide sales up 15.4%