Category: Suppliers

Press Release – Magna Posts 2017 Annual Report

Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report

DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

Mar. 29, 2018 News Releases Organization Announcement KARIYA (Japan) ― DENSO Corporation today announced that on July 1, 2018 it will integrate the management of two DENSO Group companies: DENSO PREAS Corporation and DENSO KIKO Co., Ltd., both of which manufacture metal press-worked parts. The business environment will tremendously change in the future with the… Continue reading DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

UPDATE 1-GM Korea to ask GM to roll over debt, cut interest rate -source

SEOUL (Reuters) – General Motors’ (GM.N) South Korean unit plans to ask its U.S. headquarters to roll over a debt of 988 billion won ($929.1 million) owed by the loss-making unit and coming due in April, a source with direct knowledge of the matter told Reuters. The logo of GM Korea is seen at its… Continue reading UPDATE 1-GM Korea to ask GM to roll over debt, cut interest rate -source

Dana Offers GKN Shareholders Significant Upside through Combination Benefits and Share Price Potential with Major Shareholder Support

MAUMEE, Ohio, March 28, 2018 /PRNewswire/ — James Kamsickas, president and chief executive officer of Dana Incorporated (NYSE: DAN), today commented on the benefits a Dana-GKN Driveline combination offers: Superior Value “The Dana and GKN Driveline combination clearly offers superior value to GKN shareholders.  It establishes the largest global supplier of vehicle drive systems, and… Continue reading Dana Offers GKN Shareholders Significant Upside through Combination Benefits and Share Price Potential with Major Shareholder Support

Ouster has a new $3.5k, 16-channel lidar (and a 64-channel sensor with longer range)

You may remember Ouster from the recent announcement of the OS-1-64 lidar, a sensor that costs $16,000, fits in one of the smallest packages available, and features a scalable, proprietary sensor technology. Ouster called it as an effort to take on the dominant suppliers in the autonomous vehicle and multi-purpose lidar market. That challenge continues… Continue reading Ouster has a new $3.5k, 16-channel lidar (and a 64-channel sensor with longer range)

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies SOUTHFIELD, Mich., March 28, 2018 /PRNewswire/ — Federal-Mogul Powertrain today announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m, covers the development and series production of advanced starter-generator systems for an… Continue reading First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

DENSO brings Advanced Automotive Technology R&D to Israel

KARIYA (Japan) ― DENSO Corporation today unveiled its newest innovative satellite R&D team in Israel, accelerating advanced technologies like automated driving, cybersecurity, and AI. Starting in April, DENSO’s R&D satellite will begin collaborating with local startups to pioneer new technologies. This is the newest satellite in DENSO’s global R&D network located in key regions. DENSO… Continue reading DENSO brings Advanced Automotive Technology R&D to Israel

Robotics Reimagined: NVIDIA Releases Isaac SDK to Accelerate Creating Autonomous Machines

The robotics revolution just shifted into high gear. In a move that will accelerate the development and deployment of robotics across a broad range of industries, NVIDIA announced the expansion of its Isaac platform to build robotics applications. Unveiled at the GPU Technology Conference by NVIDIA founder and CEO Jensen Huang, the Isaac software development kit… Continue reading Robotics Reimagined: NVIDIA Releases Isaac SDK to Accelerate Creating Autonomous Machines

NVIDIA Introduces DRIVE Constellation Simulation System to Safely Drive Autonomous Vehicles Billions of Miles in Virtual Reality

GPU Technology Conference — NVIDIA today introduced a cloud-based system for testing autonomous vehicles using photorealistic simulation – creating a safer, more scalable method for bringing self-driving cars to the roads. Speaking at the opening keynote of GTC 2018, NVIDIA founder and CEO Jensen Huang announced NVIDIA DRIVE™ Constellation, a computing platform based on two… Continue reading NVIDIA Introduces DRIVE Constellation Simulation System to Safely Drive Autonomous Vehicles Billions of Miles in Virtual Reality