Category: Official Press Release

At a glance: Electric initiative at Mercedes-Benz Cars

Video-Link: https://youtu.be/AiplVDi1_nM [embedded content] In 2017, Mercedes-Benz Cars set important strategic course for electromobility: Electric hubs for the production of electric vehicles and batteries are currently being built around the globe. By 2022, Daimler will electrify the entire portfolio of Mercedes-Benz, offering customers at least one electrified alternative in all Mercedes-model series. The company is… Continue reading At a glance: Electric initiative at Mercedes-Benz Cars

MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

Hotel guests get a kick out of Nissan’s self-parking slippers

[embedded content] YOKOHAMA, Japan – Combining the ultimate in traditional hospitality with Nissan’s autonomous driving technology, one Japanese inn is treating guests to some unusual amenities: self-parking slippers, tables and floor cushions. At first glance, the ProPILOT Park Ryokan looks like any other traditional Japanese inn, or ryokan. Slippers are neatly lined up at the… Continue reading Hotel guests get a kick out of Nissan’s self-parking slippers

DriveNow becomes wholly-owned subsidiary of BMW Group

Munich. With the acquisition of Sixt SE’s stake in DriveNow, the BMW Group continues its systematic development as a customer-centric mobility company. Today’s signing is subject to approval by antitrust authorities. With this move, the world’s leading provider of premium mobility is offering customers efficient, sustainable mobility solutions from a single source. The rapidly growing… Continue reading DriveNow becomes wholly-owned subsidiary of BMW Group

Opel Continues Export Offensive

Opel Continues Export Offensive 2018-01-29 New importers for Morocco and Tunisia announced Sales growth outside Europe at the core of PACE! plan Rüsselsheim.  Opel is systematically continuing its export offensive. The company has successfully signed agreements with renowned sales partners for the fast-growing Moroccan market as well as Tunisia. The new setup will strengthen Opel’s… Continue reading Opel Continues Export Offensive

Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate

• Exceeded Fourth-Quarter Earnings Per Share Guidance on Stronger Margins• Fourth-Quarter Reported Sales Up 9%; Organic Sales Up 6%, Driven by Strength in Aerospace Aftermarket, UOP, Advanced Materials, and Intelligrated• Segment Margin Expansion Driven by Strong Top-Line Growth, Productivity, and Repositioning Benefits• Fourth-Quarter Operating Cash Flow of $2.2B; Free Cash Flow of $1.8B, Conversion of… Continue reading Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate

Welcome Veoneer

Mon, Jan 29, 2018 08:30 CET (Stockholm, Sweden, January 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that the new electronics spin-off company will be named Veoneer. In December 2017, Autoliv’s Board of Directors decided to continue with the spin-off of its Electronics business… Continue reading Welcome Veoneer

J.D. Power Reaches Strategic Partnership with BitAuto on Digitization

SHANGHAI, Jan. 28, 2018 /PRNewswire/ — J.D. Power, the global leader in marketing data and analytics, today announced a strategic partnership with BitAuto, China’s leading consumer-facing automotive portal, to conduct joint research and develop big data and artificial intelligence. The collaboration will help leverage J.D. Power research and analytics capabilities and BitAuto’s data and technology strengths across… Continue reading J.D. Power Reaches Strategic Partnership with BitAuto on Digitization

DENSO Develops New Vision Sensor for Improved Night Driving Safety

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has developed a new standard vision sensor that detects pedestrians at night, cyclists, road signs, driving lanes and other road users. Working in conjunction with a millimeter-wave radar sensor, the new vision sensor allows automobiles to automatically activate emergency braking when… Continue reading DENSO Develops New Vision Sensor for Improved Night Driving Safety