Category: Official Press Release

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Contemporary interior style creates calm and comfortable cabin Advanced connectivity experience is delivered through a five screen full-width digital dashboard AI-powered ‘Honda Personal Assistant’ delivers voice-accessible services Honda smartphone application keeps owners remotely connected to Honda e for peace-of-mind Digital key enables easy-to-use control of vehicle security remotely The new Honda e features intuitive and… Continue reading HONDA E OFFERS ADVANCED CONNECTIVITY FOR MODERN LIFESTYLES

Tesla Releases Second Quarter 2019 Financial Results

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Tesla Releases Second Quarter 2019 Financial Results

Jul 24,2019

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Tesla Releases Second Quarter 2019 Financial Results

PALO ALTO, Calif., July 24, 2019 (GLOBE NEWSWIRE) — Tesla has released its financial results for the second quarter of 2019 by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.

As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.

What:
Tesla Second Quarter 2019 Financial Results Q&A Webcast
When:
Wednesday, July 24, 2019
Time:
3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
Shareholder Letter:
http://ir.tesla.com
Webcast:
http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.

Source: Tesla, Inc.

Underlying Progress from Ford’s Global Redesign Evident in Q2; New Explorer, Aviator Fortify Company’s U.S. Strength in SUVs

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 Underlying Progress from Ford’s Global Redesign Evident in Q2; New Explorer, Aviator Fortify Company’s U.S. Strength in SUVs

Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

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Wed 24 Jul 2019

Gordon Murray Design to licence iStream lightweight seat

Transcal will licence GMD seat, which weighs 30% less than standard unit

Automotive OEM and bespoke projects are new seat targets for Transcal

Weight saving, elegant design and scalability core to Transcal decision

Gordon Murray Design has entered a technology licencing agreement with Transcal Limited to manufacture the iStream® lightweight automotive seat. The new agreement will cover the current seat design, codenamed IS-001. This innovative unit boasts a significant 30% weight saving when compared to a conventional modern seat.

The IS-001 seat licensed by Transcal, a leading automotive supplier of innovative interiors since 1980, will be the world’s first implementation of the iStream lightweight seat. Gordon Murray Design is exploring further automotive and non-automotive designs and applications for the seat.

Transcal, with the support of Gordon Murray Design, plans to release the seat for volume production in the first quarter of 2020. Fully-trimmed units will be available for OEM production and also to custom builders for bespoke applications.

Professor Gordon Murray CBE, Chairman of Gordon Murray Design, said: “We welcome the opportunity to work with Transcal, a business that shares our focus on a more efficient future for the automotive sector and pushing boundaries at every opportunity. The iStream lightweight automotive seat represents a seismic shift in this sector – its innovative construction helps to deliver both economic and environmental benefits.”

The iStream lightweight seat will be on display later this year at:

Cenex Low Carbon Vehicle event – UK: 4-5 September 2019 (to be confirmed)

IAA Frankfurt – Germany: 10-15 September 2019

SEMA – Las Vegas, US: 5-8 November 2019

iStream lightweight seat

The iStream lightweight seat is the product of a research-based project, part-funded through the Innovate UK framework – the Manufacturability of Advanced Passenger Seats (MAPS) – with the objective to develop lightweight automotive seat structures and production methods.

The newly-developed seat can be modified to suit all types of vehicle. Its advanced composite panels and tubular frame construction dramatically reduces structural weight, while maintaining the high-volume, low-cost benefits of Gordon Murray Design’s original iStream technology.

Key advantages of the iStream lightweight seat include:

Lightweight composite structure (sub 12kg)

30% weight saving vs conventional modern seat

Suitable for high- and low-volume applications

Ultra-low tooling and development costs

Simple, high-speed assembly

Low part count

Competitive piece cost

Satisfies all applicable European automotive requirements (UN ECE), including luggage retention requirements

Can achieve low seating position

Anti-submarining design

Full four-way adjustment

-Ends-

About Gordon Murray Design

Gordon Murray Design is a visionary design and engineering company with its headquarters in Shalford in Surrey. It was established in 2007 with a focus on developing an innovative and disruptive manufacturing technology trademarked iStream®, and has since built a global reputation as one of the finest automotive design teams in the world.

The company’s unique approach and truly creative thinking enables Gordon Murray Design to deliver complete car programmes in a highly efficient and innovative way from concept and design, through to prototype and development for production.

About iStream

Rather than the traditional method of combining hundreds of panels of stamped metal, iStream uses tubular metal with 10 – 15 structural composite panels. iStream Superlight® is the ultimate automotive lightweighting technology as it maximises the iStream approach by using cored honeycomb carbon fibre composite and an aluminium frame to save almost 50% in weight against a standard stamped metal chassis.

iStream is an acronym for iS = Stabilised; T = Tube; R = Reinforced; E = Exo-frame; A = Advanced; M = Manufacturing.

www.istreamtechnology.co.uk

About Transcal

Since 1980, Transcal has approached every project with a unique creativity and the objective of creating something truly brilliant. As a leader in innovative and inspiring interiors, we continuously evolve and grow in every way possible with limitless vision. From a bespoke project to several thousand beautifully created cars of a specific model, Transcal has an unrivalled skill and thirst for innovation.Providing inspired interiors that customers find irresistible is in the DNA of Transcal, and any other project is welcomed – regardless of size.For more information, please visit www.transcal.co.uk.

PR contact

For more information, or to request an interview, please contact:
Sarah Smith, Communications Officer at Gordon Murray Design on +44 (0)1483 484700 or sarah.smith@gordonmurraydesign.com.

Sales enquiries

For sales enquiries, please contact:
Dawn Hornby at Transcal on +44(0)1506 440111 or info@transcal.co.uk

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Horst Binnig to leave Rheinmetall Automotive AG and the Group holding company Rheinmetall AG

Horst Binnig to leave Rheinmetall Automotive AG and the Group holding company Rheinmetall AG. Photo: Heartbeat Online

DÜSSELDORF, 24-Jul-2019 — /EuropaWire/ — Horst Binnig, 60, to retire from Rheinmetall Automotive AG and the Group holding company Rheinmetall AG after 20 successful years in the Automotive sector. Binnig, currently serving as Chairman of the Executive Board of Rheinmetall Automotive AG and as a member of the Executive Board of the Group holding company Rheinmetall AG, has informed the Supervisory Board about his intention to leave for personal reasons. Upon closing of the succession plan with a smooth transition of leadership positions, Horst Binnig will actually be leaving the Group by the end of 2019.

Binnig has joined the Automotive sector of Rheinmetall Group in 1999 initially starting in the Corporate Development. He then led the Automotive subsidiary KS Aluminium-Technologie. Prior to joining Rheinmetall Group Horst Binnig was working for KACO Group and Hengstler GmbH. He was instrumental in helping establish Rheinmetall’s second major joint venture with SAIC (Shanghai Automotive Industry Corporation) in China. Furthermore, Binnig led the vigorous expansion of Rheinmetall Automotive’s activities in China as part of the company’s internationalization strategy.

Member of the Executive Board of Rheinmetall Automotive AG since 2012, Horst Binnig has become the Chairman in early 2014. During the same year, he was also appointed to the Executive Board of Rheinmetall AG.

Commenting on Horst Binnig’s departure, Ulrich Grillo, Chairman of the Supervisory Board of Rheinmetall AG and Armin Papperger, Chairman of Rheinmetall Automotive AG’s Supervisory Board, said:

“Even though there is still some time left before his departure, we would like to thank Horst Binnig today. Not only has he played a decisive role in the extremely positive development of Rheinmetall Automotive’s business over recent years, he also delivered important impetus for the development of the Rheinmetall Group as such as a member of the Group’s Executive Board. All the more do we therefore regret his decision as much as we respect it.“

Media contacts:

Folke Heyer
Karl-Schmidt-Straße
74172 Neckarsulm
Germany
Phone: +49 7132 33-3140
Fax: +49 7132 33-3150

SOURCE: Rheinmetall AG

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