Category: Official Press Release

ZF Develops Auto Industry’s Lightest Knee Airbag Module

ZF will launch an industry-first fabric housing knee airbag in 2019 for a major European vehicle manufacturer. The new airbag, which utilizes a fabric housing, will be up to 30 percent lighter than a traditional metal housing knee airbag, and will help improve occupant protection in a crash. “The new ZF fabric housing knee airbag… Continue reading ZF Develops Auto Industry’s Lightest Knee Airbag Module

Audi achieves robust performance in a challenging financial year 2017 and accelerates business transformation

The Audi Group increased its revenue and earnings under difficult conditions in 2017. For the first time, revenue surpassed the mark of €60 billion, thus more than doubling over the past eight years. With an operating profit of €5.1 billion before special items, the corresponding operating return on sales of 8.4 percent is within the… Continue reading Audi achieves robust performance in a challenging financial year 2017 and accelerates business transformation

Ducati Group: Growing sales, turnover and results

Ducati closes 2017 with convincing results, prolonging the trend of constant growth that has characterised the Bologna-based motorcycle manufacturer’s last eight years. 55,871 motorcycles were delivered to customers all over the world (+0.8% vs. 2016), despite the global market for motorcycles bigger than 500 cc actually shrinking by 3.5%. By the end of 2017 turnover… Continue reading Ducati Group: Growing sales, turnover and results

Automobili Lamborghini crosses billion Euro turnover threshold

Worldwide sales grow for seventh consecutive year to 3,815 units Turnover increases by 11% to 1,009 Mio. Euro, the best ever Sustained, profitable growth path evidenced Super SUV Urus, presented in December 2017, doubles production capacity and creates new jobs Company maintains optimistic corporate outlook Sant’Agata Bolognese, 15 March 2018 – In Fiscal Year 2017… Continue reading Automobili Lamborghini crosses billion Euro turnover threshold

Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

2018/03/15 Products and Technology Developing Safe, Durable Lithium-ion Batteries to Replace Lead-Acid Batteries HIROSHIMA, Japan-Mazda Motor Corporation, ELIIY Power Co., Ltd. and Ube Industries, Ltd. have agreed to jointly develop lithium-ion batteries for use in automobiles. The three companies will work together to develop durable, heat- and impact-resistant 12-Volt lithium-ion batteries as a viable replacement… Continue reading Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

ISUZU Established a new factory to produce light-duty truck engines within its Tochigi Plant

March 5, 2018 ISUZU Established a new factory to producelight-duty truck engines within its Tochigi Plant ISUZU MOTORS LIMITED(headquartered in Shinagawa Tokyo and headed by Masanori Katayama, President and Representative Director, hereinafter called “Isuzu”) has established a new factory to produce a new series of diesel engines for light-duty trucks. The location is on the… Continue reading ISUZU Established a new factory to produce light-duty truck engines within its Tochigi Plant

Ford Motor Company Issues Two N.A. Safety Recalls

DEARBORN, Mich., March 14, 2018 – Ford Motor Company is issuing two safety recalls in North America. Details are as follows: Select 2014-18 Ford Fusion and Lincoln MKZ vehicles for loose steering wheel bolts that could lead to a steering wheel detaching from steering column Ford is issuing a safety recall in North America for… Continue reading Ford Motor Company Issues Two N.A. Safety Recalls