Category: Official Press Release

PSA seals agreement on exceeding 35 hours in Vesoul

Goal achieved. After several weeks of negotiations PSA signed an agreement Thursday evening at its plant in Vesoul (Haute-Saône), which increases the working hours of employees to more than 35 hours per week, without full compensation. Signed by unions FO, CFTC and CFE-CGC representing nearly 80% of employees, this agreement will come into effect next… Continue reading PSA seals agreement on exceeding 35 hours in Vesoul

Ford Continues to Reposition Business in China May Sales Decline

About Ford Motor Company Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 166,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s… Continue reading Ford Continues to Reposition Business in China May Sales Decline

Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer

News Press Release News Group Munich, 15 June 2018 Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer The constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG that took place yesterday in Wolfsburg also appointed members to the Company’s Board of Management.… Continue reading Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer

News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Please click HERE for a PDF version of the release. One of the auto industry’s first 48-volt mild-hybrid transfer cases Achieves up to 10% CO2 savings compared to a two-wheel drive system Can be easily integrated into existing drivetrains SAILAUF, Germany, June 14, 2018 — Magna is on the fast track to vehicle electrification. With… Continue reading News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Advanced Automatic Collision Notification Service “D-Call Net(R)” Expanded Nationwide

Full-scale implementation of the advanced automatic collision notification system D-Call Net(R) is now underway at approximately 730 locations within Japan. A trial service has been ongoing since November 2015, whereby base hospitals and air ambulances have prepared systems to transmit fatal and serious injury probability data from vehicles to all fire departments within the trial… Continue reading Advanced Automatic Collision Notification Service “D-Call Net(R)” Expanded Nationwide

sMOTION, ZF’s Fully Active Chassis System, Frees Vehicle Occupants

“When it comes to the development of highly automated and autonomous driving, the chassis plays a key role,” says Dr. Holger Klein, head of the Car Chassis Technology Division at ZF. “Because by the time the autopilot takes over the wheel, all passengers want to be completely relaxed and unaware of the vehicle’s movement, regardless… Continue reading sMOTION, ZF’s Fully Active Chassis System, Frees Vehicle Occupants

BorgWarner Opens New State-of-the-Art Technical Center in Indiana to Support Growing Hybrid and Electric Product Portfolio

New state-of-the-art facility and high-tech lab in Noblesville, Indiana, enables the expansion of the company’s hybrid and electric product portfolio through enhanced testing and prototype build capabilities BorgWarner’s new facility consolidates two existing Indiana facilities in one modern, centralized location New facility features creative, flexible work spaces, an open and airy work environment, and health… Continue reading BorgWarner Opens New State-of-the-Art Technical Center in Indiana to Support Growing Hybrid and Electric Product Portfolio

Honeywell Announces Garrett as Company Name for Transportation Systems Business After Spin-Off

MORRIS PLAINS, N.J., June 14, 2018 /PRNewswire/ — Honeywell (NYSE: HON) today announced that its Transportation Systems business will rebrand itself “Garrett – Advancing Motion” upon successful completion of the previously announced spin which is expected to close before the end of the third quarter. The Garrett name ties back to Honeywell’s turbo origins in the… Continue reading Honeywell Announces Garrett as Company Name for Transportation Systems Business After Spin-Off

HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS

The Most Widely Adopted Electric Vehicle Interoperability Platform Opens Santa Monica Headquarters and Expands Its Executive Team LOS ANGELES, CALIF. – June 14, 2018 – Hubject, the globally-recognized leader in electric vehicle (EV) interoperability, officially launched its U.S. operations from the company’s new U.S. headquarters in Santa Monica, Calif. Founded in 2012 to enable seamless… Continue reading HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS