Category: Official Press Release

Mastering the map: the key to an autonomous future

One of the key factors that will determine the success of autonomous cars is mastering the roadmap. The connected car of the future will rely heavily on a data-driven mapping system – a system that ‘self-heals’ and can understand the road environment beyond the range of a car’s onboard sensors. Maps need to be both… Continue reading Mastering the map: the key to an autonomous future

Ford Appoints Senior Leaders; Galhotra to Lead North America, Falotico to Head Lincoln, Marketing; McClelland to lead Ford Credit

Kumar Galhotra named group vice president and president, Ford North America Joy Falotico named group vice president, Lincoln and Chief Marketing Officer David McClelland named vice president of Ford and CEO of Ford Motor Credit Company Stuart Rowley named vice president and chief operating officer, Ford North America John Lawler named vice president, Strategy, Ford… Continue reading Ford Appoints Senior Leaders; Galhotra to Lead North America, Falotico to Head Lincoln, Marketing; McClelland to lead Ford Credit

Porsche introduces blockchain to cars

In collaboration with the Berlin-based start-up XAIN, Porsche is currently testing blockchain applications directly in vehicles. This makes the Zuffenhausen-based company the first automobile manufacturer to implement and successfully test blockchain in a car.

Visteon Reports Strong 2017 Financial Results

View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results

Continental plans new Hungarian plant in Debrecen

Greenfield investment starts in third quarter 2018, production planned from third quarter 2020 Expansion of production footprint for the growing demand for automotive electronics Sensors and transmission control units will be produced in Debrecen 450 new jobs and investment in total of €100 million Debrecen (Hungary), 22. February 2018. The technology company Continental announced the… Continue reading Continental plans new Hungarian plant in Debrecen

Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time

Rosslyn, South Africa. After 35 years, the last BMW 3 Series Sedan rolled off the production line today at BMW Group Plant Rosslyn in Pretoria. The plant has produced a total of 1,191,604 units and five generations of the BMW 3 Series. One in four BMW 3 Series Sedans of the current generation come from… Continue reading Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time

Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

SEOUL, South Korea, Feb. 21, 2018 /PRNewswire/ — It’s been a busy start to the year for Hyundai’s next-generation fuel cell vehicle NEXO, scheduled to be released in Korea next month. Unveiled at CES 2018 as the technological flagship of Hyundai’s growing eco-vehicle portfolio, the NEXO SUV model is set to spearhead Hyundai Motor’s plans to… Continue reading Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

Novelty

The Group launches the “Plastic Omnium” application available on smartphones and tablets. The Group is launching a PLASTIC OMNIUM application that provides smartphone and tablet users with real-time access to the Group’s financial news. It gathers useful regulated information such as the stock market price, the financial calendar, press releases, publications, as well as shareholder… Continue reading Novelty