MAUMEE, Ohio, Oct. 3, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) and Valeo today announced a global collaboration to develop and supply 48-volt electric-vehicle systems for new-mobility applications, including low-speed electric and hybrid e-AWD vehicles. The first system is scheduled to launch in early 2020 with a major European automaker on series-produced cars. The joint… Continue reading Dana and Valeo Collaborate to Supply Complete 48-Volt Electric Vehicle Systems
Category: Official Press Release
Honda Cars India domestic sales fall 37 per cent in September 2019
Honda Cars India has recorded a 37.24 per cent decline in domestic sales to 9,301 units in September 2019.Honda Cars India recorded a 73.58 per cent jump in export sales to 946 units in September 2019.The carmaker had exported 545 units in the corresponding month of the previous year.
Changan ford to launch 18 new models in 3 years
CHONGQING, Oct. 3 (Xinhua) — Changan Ford Automobile Co. Ltd., a joint venture between China's Changan Automobile and American automaker Ford, plans to launch 18 new automobile models by the end of 2021, including 5 new energy vehicles in the Chinese market.
Since its establishment in Chongqing in 2001, Changan Ford has produced more than 6.5 million vehicles with an output value of more than 800 billion yuan (112 billion U.S. dollars), and its annual sales were once close to 1 million vehicles. Changan Ford, however, ended the trend of continuous growth in 2017, with annual sales of 819,000 vehicles, a year-on-year decline of 14 percent. Sales in 2018 were only 378,000 units, down 54.4 precent from a year earlier.
Experts said the sales downturn of Changan Ford is partly due to a lack of new models from 2016 to 2018.
To tackle the downturn, Ford Motor said it will accelerate the localization of new models of Ford and Ford luxury brand Lincoln. The first Lincoln SUV model will be..
SEAT encourages innovative thinking among its employees with an Innovation Day
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Ford Van Sales hit All-Time Third-Quarter Record on 65,288 Sold; Total Pickup Sales Best in 14 Years; Expedition Sales Strong, Up 48 percent; Lincoln SUVs Deliver Best Performance in 16 Years
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… Continue reading Ford Van Sales hit All-Time Third-Quarter Record on 65,288 Sold; Total Pickup Sales Best in 14 Years; Expedition Sales Strong, Up 48 percent; Lincoln SUVs Deliver Best Performance in 16 Years
TRATON GROUP Innovation Day 2019
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VW registers unit in Turkey ahead of production decision
Volkswagen has established a subsidiary in Turkey’s western Manisa province, the country’s Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.The remainder will be paid in the next two years.VW had been looking into a possible new plant in eastern Europe.
2 Oct 2019 GKN Automotive continues partnership with Panasonic Jaguar Raci…
GKN Automotive and Panasonic Jaguar Racing to share knowledge and expertise throughout Formula E season Team sponsorship continues GKN Automotive’s remarkable motorsport heritage GKN Automotive offers unrivalled experience with more than one million eDrive systems produced GKN Automotive, the world’s leading supplier of automotive all-wheel drive and electric driveline technology and systems, is continuing its… Continue reading 2 Oct 2019 GKN Automotive continues partnership with Panasonic Jaguar Raci…
Faraday Future Announces New Plan for Product Delivery and Unveils Futurist Testing Lab
FF reveals its new strategy for equity funding, IPO, and delivery plans for FF 91 and FF 81FF unveils its Futurist Testing Lab (FTL) to further push forward the preparation for FF 91 deliveryLOS ANGELES, Sept. 23, 2019 (GLOBE NEWSWIRE) — Faraday Future (FF), a California-based global shared intelligent mobility company, announced the latest equity… Continue reading Faraday Future Announces New Plan for Product Delivery and Unveils Futurist Testing Lab
Faraday Future Appoints Dr. Carsten Breitfeld as Global Chief Executive Officer
AUTO INDUSTRY VETERAN BRINGS A PROVEN TRACK RECORD OF LEADERSHIP AND INNOVATIONDR. BREITFELD TO FOCUS ON DEVELOPING INDUSTRY-LEADING TECHNOLOGY AND PRODUCTS AND ONGOING FUNDRAISING EFFORTSFF FOUNDER YT JIA RESIGNS FROM CEO POST TO ASSUME ROLE OF CPUO (CHIEF PRODUCT & USER OFFICER)DR. BREITFELD AND YT JIA TO ESTABLISH A STRONGER GLOBAL TEAM ACROSS PRODUCT, TECHNOLOGY… Continue reading Faraday Future Appoints Dr. Carsten Breitfeld as Global Chief Executive Officer