Category: Automotive

Aston Martin Says China Spurring Another Horse-to-Cars Moment

China’s policies to cut pollution is driving a rapid move toward electric vehicles in the world’s biggest market and causing an upheaval in the global auto industry, Aston Martin Holdings Ltd. Chief Executive Officer Andy Palmer said. “This whole show is revolving around what they call new energy vehicles, but Chinese policy is very much… Continue reading Aston Martin Says China Spurring Another Horse-to-Cars Moment

Aston Martin thinks F1 could use it against Ferrari quit threat

Aston Martin believes Formula 1 can use its intention to become an engine supplier in 2021 as a bargaining chip against Ferrari’s threats to quit the championship. F1’s owner revealed its blueprint for the series’ future at the Bahrain Grand Prix, including plans for simpler, cheaper, louder and more powerful engines than the current V6… Continue reading Aston Martin thinks F1 could use it against Ferrari quit threat

Tesla deploys a 2 MW Powerpack system to avoid any downtime due to power outages at a glass factory

With the help of an Irish energy company, Tesla is deploying a large Powerpack system at a glass container factory in Scotland in order to avoid any downtime due to power outages and take advantage of lower electricity rates when demand is not high on the grid. Home Solar Power The battery system was deployed earlier… Continue reading Tesla deploys a 2 MW Powerpack system to avoid any downtime due to power outages at a glass factory

Access to sites

Q1 SALES STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS Read more TECHNOLOGY FOR THE 1ST TIME AT THE HANNOVER MESSE, FAURECIA WILL SHOWCASE ITS FUEL CELL TECHNOLOGIES Read more Site opening FAURECIA OPENS A TECH CENTER IN YOKOHAMA TO ACCELERATE DEVELOPMENT WITH JAPANESE CARMAKERS Read more Parole… Continue reading Access to sites

Mobile Industrial Robots acquired by Teradyne

Mobile Industrial Robots (MiR), a company that develops autonomous mobile robots for logistics applications, has been acquired by Teradyne, Inc. for €121 million ($148 million) net of cash acquired plus €101 million ($124 million at current exchange rate) if certain performance targets are met extending through 2020.   [Native Advertising] MiR is a company that was launched in Denmark five… Continue reading Mobile Industrial Robots acquired by Teradyne

The bosses come and go, he remains the number one

The designated VW boss Herbert Diess was once brought by the Porsche clan to break the power of the union. The employee representatives are now even benefiting from his rise to the top. VW works council chief Bernd Osterloh (archive) Thursday, 12.04.2018 11:15 clock This is how careers are being taken at VW in Wolfsburg:… Continue reading The bosses come and go, he remains the number one

The bosses come and go, he remains the No. 1

The designated VW boss Herbert Diess was once brought by the Porsche clan to break the power of the union. The employee representatives are now even benefiting from his rise to the top. VW works council chief Bernd Osterloh (archive) Thursday, 12.04.2018 11:15 clock This is how careers are being taken at VW in Wolfsburg:… Continue reading The bosses come and go, he remains the No. 1

Ex-Group CEO: Müller also resigns at VW parent company Porsche SE

Matthias Müller After the departure of the mangers, the executive board of Porsche SE consists of only three members. (Photo: AFP) Ex-VW CEO Matthias Müller also places his post on the board of Volkswagen-Dachgesellschaft Porsche SE low. This step was taken in agreement with the Supervisory Board, said the holding on Monday in Stuttgart. The… Continue reading Ex-Group CEO: Müller also resigns at VW parent company Porsche SE

UK car output slumps on poor demand

The number of cars made in the UK during March fell by 13.3% from a year earlier as both domestic and overseas demand for vehicles declined. The Society of Motor Manufacturers and Traders (SMMT) said poor weather had affected production. But it said that double-digit falls in output for the both home market and exports… Continue reading UK car output slumps on poor demand