DENSO to Increase Its shareholding in Renesas Electronics Corporation

KARIYA (Japan) ― DENSO Corporation today announced that it has decided to increase its shareholding in Renesas Electronics Corporation to accelerate the development of various in-vehicle systems including automated driving systems that are becoming more advanced, complicated, and larger in scale than ever before. Renesas has cutting-edge technologies for semiconductors that serve as the key devices… Continue reading DENSO to Increase Its shareholding in Renesas Electronics Corporation

News Release – Magna Launches New Composites Center of Excellence in Germany

Please click HERE for a PDF version of the release. Brings advanced composites and carbon fiber expertise to European market Develops lightweight structural and exterior components Enables joint development projects with European automakers SAILAUF, Germany, March 07, 2018 — Magna’s new Composites Center of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly… Continue reading News Release – Magna Launches New Composites Center of Excellence in Germany

Ensuring safety in autonomous cars

KITT, the Batmobile, that awesome Audi in I, Robot. People have been imagining self-driving cars for generations. One day, people will be able to effortlessly cruise around and fight crime, or maybe just take a nap – we’re not all action heroes – but what would it really take to have a level 5 autonomous… Continue reading Ensuring safety in autonomous cars

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

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

Strong Growth and Excellent Financial Position

Targets surpassed – Continental enjoyed strong growth and profitability in fiscal 2017 Sales were up 8.5 percent at €44 billion with an adjusted EBIT margin of 10.9 percent Net income increased to €3 billion and earnings up to €14.92 per share Executive Board to propose a dividend increase of 25 cents to €4.50 per share… Continue reading Strong Growth and Excellent Financial Position

Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems

New joint venture expected to begin operations in mid-2018 and operate worldwide from China Continental to hold 60 percent of the shares, 40 percent with Chinese automotive supplier CITC, whose subsidiary CALB develops and produces battery cells CEO Dr. Degenhart: “In the fast-growing 48-volt mild hybrid market, Continental will soon be able to offer a… Continue reading Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems

Why investing in a fleet management solution pays off – the five most important reasons

Precise data on the location of vehicles and drivers’ driving times is extremely important for the cost-effectiveness of trucking companies. Small and medium-sized companies also perform better with fleet management solutions. Five reasons for using modern telematics. “It doesn’t always have to be a large and costly solution,” says Dr. Lutz Scholten, Head of Tachographs,… Continue reading Why investing in a fleet management solution pays off – the five most important reasons