INFINITI will launch its first pure electric vehicle in the same year Electrified vehicles will comprise more than half of INFINITI global sales by 2025 DETROIT – INFINITI Motor Company will introduce new vehicles with electrified powertrains from 2021, said Nissan Chief Executive Officer Hiroto Saikawa at the Automotive News World Congress today. Customers can expect… Continue reading INFINITI to go electric from 2021
Category: Official Press Release
Bosch technology enables redundancy needed for automated driving
DETROIT – Without redundancy, there is no automated driving. The promise of automated driving requires a mix of technological, societal and regulatory development and cooperation. The technology continues to advance thanks to sensors and software, but also thanks to redundancy. In order to realize fully-automated driving on the path to the accident-free future, redundancy in… Continue reading Bosch technology enables redundancy needed for automated driving
Ford Details Plans to Improve Fitness, Refocus Model Lineup and Accelerate Introduction of Smart Vehicles and Services
Operational fitness, portfolio rationalization and increased investments in electrification, autonomy and mobility at core of company strategy Company increases planned investments in electrification to $11 billion by 2022 Expanded electrified portfolio to include 40 electrified vehicles globally, including 16 full battery electric vehicles by 2022 Announces preliminary results for full-year 2017 of $1.95 earnings-per-share (EPS)… Continue reading Ford Details Plans to Improve Fitness, Refocus Model Lineup and Accelerate Introduction of Smart Vehicles and Services
Boeing, Adient Launch New Company to Design and Build Airplane Seats
SEATTLE, Jan. 16, 2018 /PRNewswire/ — Boeing [NYSE: BA] and Adient [NYSE: ADNT] today announced the formation of Adient Aerospace, a joint venture that will develop, manufacture and sell a portfolio of seating products to airlines and aircraft leasing companies. The seats will be available for installation on new airplanes and as retrofit configurations for… Continue reading Boeing, Adient Launch New Company to Design and Build Airplane Seats
McLaren Automotive inaugurates new carbon composites technology centre in Yorkshire in true McLaren style
A key milestone was marked today at the Yorkshire manufacturing centre that from 2019 will start producing carbon fibre tubs for McLaren Automotive, the British creator of luxury sportscars and supercars. As darkness descended at the £50million McLaren Composites Technology Centre (MCTC) nearing completion in the Sheffield region, McLaren Automotive Chief Executive Mike Flewitt was… Continue reading McLaren Automotive inaugurates new carbon composites technology centre in Yorkshire in true McLaren style
Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
TEL AVIV, Israel and CHICAGO, Jan. 16, 2018 /PRNewswire/ — Bringg, the leading delivery logistics platform for enterprises, announced today that it has raised additional funding from strategic partners, bringing its Series B investment total to $22 million. The current $12 million round includes automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer,… Continue reading Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
Schaeffler reports strong growth in 4th quarter 2017
HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017
Toyota Production in North America Nearly 2 Million in 2017
Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017
ZF Enables Autonomous Driving for Everyone
ZF is proactive in establishing collaboration with automotive OEMs in China such as Chery by providing the supercomputer ZF ProAI. ZF’s artificial intelligence (AI) controller enables automated driving functions up to level 3 for this collaboration. Drivers will receive support in relief from driving tasks while all traffic participants will benefit from systems designed to… Continue reading ZF Enables Autonomous Driving for Everyone
Adient unveils lightweight solutions for seat structures
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