Japanese car market Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its plant in Esztergom (39 km northwest of Budapest), the company told Hungarian news agency MTI on Monday.It had revenue of EUR 1.95 billion in 2018, including domestic revenue of EUR 280.4 million.
Category: Newswire
Valmet receives the best A rating in CDP’s climate program ranking for the second consecutive year
Valmet Oyj’s press release on January 20, 2020 at 11:00 a.m. EETValmet has been recognized for its actions and strategy to mitigate climate change by receiving the best A rating in CDP’s climate program ranking for the second consecutive year. CDP’s evaluation is based on the company’s 2019 disclosure about its actions in the last… Continue reading Valmet receives the best A rating in CDP’s climate program ranking for the second consecutive year
GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
eDrive systems leader GKN Automotive and power electronics specialist Delta Electronics Inc. begin strategic collaboration Milestone relationship will accelerate delivery of scalable, next-generation 3-in-1 eDrive systems New integrated eDrive systems currently in development will enter production within three years to continue addressing a sizeable and rapidly expanding market TAIPEI, Jan. 20, 2020 /PRNewswire/ — GKN… Continue reading GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
Billionaire Stroll Becomes Frontrunner for Aston Martin Stake
Canadian billionaire Lawrence Stroll is emerging as the frontrunner to buy a stake in luxury-car maker Aston Martin Lagonda Global Holdings Plc as interest from a rival Chinese investor wanes, people with knowledge of the matter said.
VW CEO Calls for ‘Radical Overhaul’ to Master Technology Shift
Volkswagen AG Chief Executive Officer Herbert Diess told top managers that the world’s largest automaker needs to undergo a “radical overhaul” in the face of industry change or risk being pushed aside.
Meritor Acquires TransPower, Advancing its Electrification Expertise
TROY, Mich., Jan. 16, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has acquired all the outstanding common shares of Transportation Power, Inc. (“TransPower”). Terms of the transaction were not disclosed. “We are excited to welcome TransPower to the Meritor family as we continue providing our customers with sophisticated electric drivetrain solutions,”… Continue reading Meritor Acquires TransPower, Advancing its Electrification Expertise
Roadster Salon’s First All-Electric Spider America Now Ready for Production
BARRINGTON, Ill., Jan. 16, 2020 /PRNewswire/ — Based on the beloved classic Fiat 124 convertible, The Spider America EV is the ultimate expression of Roadster Salon technology and craftsmanship. As seen in the Robb Report, https://robbreport.com/motors/cars/roadster-salone-1983-fiat-pininfarina-spider-america-ev-conversion-2891819/. Continue Reading The stunning Roadster Salon Spider America EV The resplendent Roadster Salon EV Jr The Spider America is… Continue reading Roadster Salon’s First All-Electric Spider America Now Ready for Production
Audi produces nearly 2 mln engines at Győr plant in 2019
German carmaker Audi turned out almost 2 million engines and more than 160,000 vehicles at its base in Győr (NW Hungary) last year, Audi Hungaria said on Wednesday, Hungarian news agency MTI reports.Robots at the Audi plant.Audi Hungaria made 1,968,742 engines at the plant, 14,441 more than in 2018.
HERE Technologies appoints Petra Marita Meiser as new CFO
January 15, 2020Amsterdam – HERE Technologies today announced the appointment of Petra Marita Meiser as the company’s new Chief Financial Officer, effective February 1, 2020.“As we continue to grow HERE Technologies into the world’s leading location platform, it’s important that we scale our leadership team to effectively support our future expansion,” said Edzard Overbeek, CEO,… Continue reading HERE Technologies appoints Petra Marita Meiser as new CFO
FCA Improves the Purchase Experience for Electric Vehicles
FCA is taking steps to make choosing and buying an electric vehicle easier. The Chrysler brand website now features a direct link to purchase Mopar’s 240-volt wall charger on Amazon.com and quality installation services for any branded EV charger, giving customers a fast and convenient way to charge their vehicles at home. Additional FCA consumer websites… Continue reading FCA Improves the Purchase Experience for Electric Vehicles