Category: Official Press Release

Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH

“Haptronik develops algorithms to enhance the control and feel of power systemsCutting-edge technology will strengthen Magna’s leadership in mechatronicsDeal will help Magna take power doors and liftgates to new levels of excellenceAURORA, Ontario, Oct. 25, 2018 (GLOBE NEWSWIRE) — Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion… Continue reading Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH

Faraday Future Achieves Decisive Victory On Its Emergency Relief Application And Welcomes Investors Around The World

LOS ANGELES, Oct. 25, 2018 /PRNewswire/ — Faraday Future (FF) today obtained a decisive victory on its application for emergency relief against Evergrande Health Industry Group Ltd. (Evergrande) filed in the Hong Kong International Arbitration Centre. Specifically, the arbitrator concluded that Evergrande can no longer prevent FF from seeking funding through other channels. Among other… Continue reading Faraday Future Achieves Decisive Victory On Its Emergency Relief Application And Welcomes Investors Around The World

Volkswagen subsidiary TRATON refines portfolio

In the context of achieving capital market readiness of TRATON AG, Volkswagen AG and TRATON AG with consent of their respective corporate bodies today have agreed on the sale of the 76 % stake of MAN SE in listed Renk Aktiengesellschaft as well as the 100 % stake of MAN SE in MAN Energy Solutions… Continue reading Volkswagen subsidiary TRATON refines portfolio

World Premiere of the all-new T-Cross: Volkswagen expands its family of SUVs

The new T-Cross: a versatile and practical SUV model in the small car class An urban crossover vehicle with masculine design Four efficient turbocharged engines – three petrol and one diesel – meeting the Euro 6d-Temp emission standard World premiere in Amsterdam, Shanghai and São Paulo: Volkswagen presents its new T-Cross, the company’s first small… Continue reading World Premiere of the all-new T-Cross: Volkswagen expands its family of SUVs

Porsche Consulting: A New Age Dawns

Death Valley seems almost pleasant in comparison to the Atacama Desert, located in the Antofagasta Region of Chile—the driest place in the world, where rain might not fall for decades and temperatures can swing between 86 degrees Fahrenheit by day and 5° F at night. This is also a land of massive, gaping craters—and one… Continue reading Porsche Consulting: A New Age Dawns

JAGUAR LAND ROVER OPENS MANUFACTURING PLANT IN SLOVAKIA

× {{dictionary[‘Added to your cart’]}} × {{dictionary[‘CART WARNING’]}} {{dictionary[‘Sorry, your cart is currently full. Please remove ‘]}} × {{dictionary[‘Cookie message and title’]}} × Pagination Warning! Sorry, Please add a number less than maximum pages {{dictionary[‘User Licence – pop up text’]}} You have been detected as being located in: {{userLang}} A media site housing news, photo… Continue reading JAGUAR LAND ROVER OPENS MANUFACTURING PLANT IN SLOVAKIA

Volkswagen expects an SUV share of 50% by 2025

The Touareg is at the top end of Volkswagen‘s SUV range, while the T-Roc is currently the brand‘s smallest SUV. In this respect, it will be succeeded by the new T-Cross, which will make its world debut this Thursday. Volkswagen anticipates especially strong SUV growth in North and South America, as well as in China… Continue reading Volkswagen expects an SUV share of 50% by 2025

Ford Delivers Third Quarter $1.0B Net Income; $1.7B Adj. EBIT; On Track to Achieve Full-Year Adjusted EPS Guidance in the Range of $1.30 to $1.50

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Delivers Third Quarter $1.0B Net Income; $1.7B Adj. EBIT; On Track to Achieve Full-Year Adjusted EPS Guidance in the Range of $1.30 to $1.50