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Category: Automotive
Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand
New state-of-the-art manufacturing facility for turbochargers in Rayong Meets increasing demand for turbocharging technologies in the growing Southeast Asian market 69,965-square-foot facility featuring clean-room environment is designed according to lean production principles Auburn Hills, Michigan, March 8, 2018 – With a traditional ceremony, BorgWarner celebrated the inauguration of its newest production plant in the Eastern… Continue reading Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand
Volkswagen Group realigns energy supplies: company power stations to change over from coal to gas
Press Release Group Wolfsburg, 08 March 2018 Volkswagen Group realigns energy supplies: company power stations to change over from coal to gas The Volkswagen Group is taking another key step towards significantly reducing environmental impact and is moving away from coal. The Group Board of Management has decided that the Group’s two …more
Volkswagen Group realigns energy supplies: company power stations to change over from coal to gas
Photo Group 08 March 2018 Volkswagen Group realigns energy supplies: company power stations to change over from coal to gas DB2018AL00257
Rimac Introduces AI Hypercar Powered by NVIDIA DRIVE
With the introduction of the C_Two, Rimac Automobili all-electric hypercar plans to incorporate AI functionality throughout, using our NVIDIA DRIVE AI car computer. Unveiled yesterday at the Geneva Motor Show, the C_Two will offer unprecedented performance together with bespoke technology. From Level 4 autonomy to AI-enabled driver assistance and recognition features, the C_Two introduces a number of… Continue reading Rimac Introduces AI Hypercar Powered by NVIDIA DRIVE
Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year
Posted 08/03/2018 14: 00: 14CET MADRID, 8 Mar. (EUROPA PRESS) – The car company Peugeot motorcycles, belonging to the PSA Group, will launch this year a service of ‘motorcycle sharing’ in the main Spanish cities, between which Madrid and Barcelona could be found, according to the firm announced this Thursday in the presentation of the… Continue reading Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year
Volkswagen will pay a bonus of 4,100 euros to its German employees
Posted 08/03/2018 13: 56: 07CET WOLFSBURG (GERMANY), 8 Mar. (EUROPA PRESS) – The manufacturer Volkswagen will pay a bonus of 4,100 euros gross to its employees in Germany who are attached to the agreement of the company, according to a statement. The German manufacturer explained that this bonus is based on the two-year period as… Continue reading Volkswagen will pay a bonus of 4,100 euros to its German employees
Annual figures: BMW makes record profit – and benefits from Trump’s tax reform
BMW boss Harald Krüger Satisfied in Geneva: BMW can present a new record profit. (Photo: AP) BMW Thanks to the US tax reform, the net profit has increased significantly. The surplus climbed in 2017 to 8.7 billion euros, which is 26 percent more than in the previous year, as the Munich car maker announced on… Continue reading Annual figures: BMW makes record profit – and benefits from Trump’s tax reform
Geneva Motor Show 2018: Jaguar Land Rover reassesses dealer relationships after disappointing NFDA Survey results
Jaguar Land Rover’s relationship with its UK car dealer network will change from a “parent-child” to “adult-adult” after two constructive sets of talks with retailers, conceded managing director Jeremy Hicks.
BMW Group reports eighth successive record year despite high upfront expenditure
Munich. The BMW Group once again demonstrated its ability to generate sustained profitability in 2017, posting its eighth successive record year. Despite a significant increase in upfront expenditure for future mobility the company reported its best ever figures to date for sales volume, revenues and earnings. In addition, the BMW Group delivered more than 100,000… Continue reading BMW Group reports eighth successive record year despite high upfront expenditure