Faurecia employees fight participation in the transformation

Their plant is to be converted into a modern digital pilot operation, fully automated, with robots. It starts on April 1st. In the next two years, the automotive supplier Faurecia is investing 1.3 million euros in its location in Scheuerfeld, Rhineland-Palatinate, where nearly 300 employees produce instrument panels for Mercedes, Opel and Volvo. The employees… Continue reading Faurecia employees fight participation in the transformation

Tesla Model 3 hack shows new cars can snitch on owners after a wreck

Two security researchers and self-described “white hat hackers” found a trove of unencrypted location, camera, and other data on a wrecked Tesla Model 3, according to a new report from CNBC. And while it’s not a problem unique to Tesla, the example serves as a stark reminder that newer cars can become a security risk… Continue reading Tesla Model 3 hack shows new cars can snitch on owners after a wreck

Allison Transmission Closes $500 Million Senior Notes Offering

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), completed its previously announced offering of $500 million in aggregate principal amount of 5.875% Senior Notes due 2029 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities… Continue reading Allison Transmission Closes $500 Million Senior Notes Offering

Aptiv to share its self-driving car data to help other researchers – CNET

Aptiv operates self-driving vehicles in partnership with Lyft in Las Vegas. Aptiv Automotive technology company Aptiv wants to help advanced research into computer vision and autonomous-driving technologies by sharing some of the information it has already gathered in the real world. Aptiv announced this week it will share what it’s calling the largest public dataset… Continue reading Aptiv to share its self-driving car data to help other researchers – CNET

Ford Takes Further Actions to Improve European Business; Confirms End of Ford C-MAX Production at Saarlouis

Ford-Werke GmbH Supervisory Board approves measures to create a sustainably profitable business in Germany and Europe, including ceasing production of FordC-MAX and Grand C-MAX MAV at Saarlouis by end June 2019 Cessation of night-shift and move to two-shift operating pattern will reduce structural cost and increase efficiency, supporting Ford’s transformation strategy aimed at near-term profitability… Continue reading Ford Takes Further Actions to Improve European Business; Confirms End of Ford C-MAX Production at Saarlouis