FAURECIA INVESTS IN POWERSPHYR TO ENHANCE ITS TECHNOLOGY OFFERING FOR COCKPIT CONNECTIVITY

Faurecia, one of the world’s leading automotive technology companies, today announced an investment in Powersphyr, a Silicon Valley start-up to accelerate the Group’s solutions for a smart and connected Cockpit of the Future. Powersphyr is a leading provider of innovative wireless charging solutions focused on automotive, consumer, and industrial markets. Their easy-to-use solutions can be… Continue reading FAURECIA INVESTS IN POWERSPHYR TO ENHANCE ITS TECHNOLOGY OFFERING FOR COCKPIT CONNECTIVITY

Continental Protects Against Evaporation While Simultaneously Generating Sustainable Energy from the Sun

Special films with integral photovoltaic modules installed in Cyprus for the first time Member of the Continental Executive Board Duensing: “Verifiable contribution to environmental protection.” Potential use: water supplies in hot countries and near airports Hanover, May 2018. Technology company Continental has installed the first floating solar cover in Cyprus, thereby reliably protecting all the… Continue reading Continental Protects Against Evaporation While Simultaneously Generating Sustainable Energy from the Sun

News Release – Magna Opens New Aluminum Casting Facility in the U.K.

• New facility to supply structural castings to Jaguar Land Rover• Aluminum structural castings help reduce vehicle weight and complexity• 225,000-square-foot facility, employing approximately 300 people Please click HERE for a PDF version of the release. SAILAUF, Germany, May 8, 2018 – Magna has opened an aluminum casting facility in Telford, England, which will supply… Continue reading News Release – Magna Opens New Aluminum Casting Facility in the U.K.

Intel Powers Next Generation of Android-Based In-Vehicle Infotainment for Volvo Cars

» Click for full imageVolvo Cars partners with Google to build Android into next-generation connected cars What’s New: At the Google I/O conference, Intel, Google and Volvo Cars debuted the latest Android (P) Operating System (OS) running Google applications. Powered by an Intel Atom® automotive system-on-chip (SoC), Volvo Cars demonstrated the latest in-vehicle infotainment (IVI) experiences… Continue reading Intel Powers Next Generation of Android-Based In-Vehicle Infotainment for Volvo Cars

Continental and filtration specialist UFI Filters agree on strategic cooperation

Filters for the automotive aftermarket available under the Continental brand as of January 2019 OE-quality range covers large proportion of the European vehicle fleet To be premiered at Automechanika in September Frankfurt, May 8, 2018. The technology company Continental and filter manufacturer UFI Filters are pooling their strengths and have agreed on a strategic cooperation,… Continue reading Continental and filtration specialist UFI Filters agree on strategic cooperation

Solid Growth with Pioneering Technologies: Continental’s Order Intake at Record Level

Organic sales growth of 4.3 percent to €11.0 billion Automotive and Rubber Group growing organically considerably faster than the markets Adjusted operating result of €1.1 billion / adjusted EBIT margin of 9.7 percent Net income virtually stable at €738 million or €3.69 per share New record: Order intake in Automotive Group amounts to €11 billion Hanover, May 8, 2018.… Continue reading Solid Growth with Pioneering Technologies: Continental’s Order Intake at Record Level

Back up – all new U.S. cars must have rear-view cameras

On May 1st, a four-year-old bill came into effect that requires new U.S. vehicles under 10,000 pounds to have rear-facing cameras. As young students in driver’s education class, we were taught to put one hand on the top of the steering wheel, the other on the head-rest of the passenger seat. Then, we learned how… Continue reading Back up – all new U.S. cars must have rear-view cameras

AAM Reports First Quarter 2018 Financial Results

Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM Reports First Quarter 2018 Financial Results

Valeo: increasing electric cars’ driving range with smart thermal management

What’s one of the biggest deterrents to buying an electric car? A short driving range, said a 2015 survey by Queensland University in Australia. Valeo, a world expert in hybrid and all-electric vehicles solutions, has developed smart thermal management solutions that not only help maintain battery life but can globally increase an electric vehicle’s range… Continue reading Valeo: increasing electric cars’ driving range with smart thermal management

UPDATE 1-Musk’s conduct, Tesla stock slide make $700 mln profit for short-sellers

NEW YORK (Reuters) – Short-sellers who had targeted Tesla Inc (TSLA.O) logged a $700 million paper profit on Thursday after the stock fell nearly 9 percent a day after Chief Executive Elon Musk stunned analysts by dodging “boring” questions about the electric car maker’s financial outlook. The windfall wiped out short-sellers’ 2018 losses on Tesla,… Continue reading UPDATE 1-Musk’s conduct, Tesla stock slide make $700 mln profit for short-sellers