AUBURN HILLS, Mich., Oct. 21, 2020 /PRNewswire/ — Nexteer Automotive launches High-Output Electric Power Steering (EPS) that delivers advanced safety and comfort features as well as enhanced fuel efficiency for heavy-duty (HD) trucks and light commercial vehicles (LCVs). Now with the ability to steer these vehicle types electrically, drivers of HD trucks and LCVs can benefit… Continue reading Nexteer Unveils New High-Output Electric Power Steering System
Tag: Strategy
@BMW: BMW Group Plant Regensburg will produce drive components for electrified vehicles from 2021000678
Regensburg. The BMW Group is further expanding its Germany-based production capacities for electric drives. From 2021, battery cells for high-voltage batteries will be coated at BMW Group Plant Regensburg and complete high-voltage batteries will be produced from 2022. The company is investing over 150 million euros in the site in order to supply the growing… Continue reading @BMW: BMW Group Plant Regensburg will produce drive components for electrified vehicles from 2021000678
Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia
Daimler India Commercial Vehicles (DICV) has added another important milestone to its list with over 35,000 commercial vehicles and 150 million parts exported from the country. The CV maker has also added Malaysia as a new CKD market. The CKD (completely knocked down) vehicles are exported in parts and then assembled locally. DICV already exports… Continue reading Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia
@BMW: Mapillary joining Facebook on the journey of improving maps everywhere000674
“Mapillary is a street-level imagery platform, powered by collaboration and computer vision”. That’s how Jan Erik Solem pitched Mapillary late 2017. Being freshly done with our deep dive into high-definition mapping, we were convinced that Mapillary’s ambitious mission aligned well with our investment thesis. We were impressed with Mapillary’s world-class team, unique data acquisition strategy… Continue reading @BMW: Mapillary joining Facebook on the journey of improving maps everywhere000674
@BMW: Auto financing made easy: our investment in AutoFi000671
It is no secret that the internet has brought in transparency to car prices, just like anything else. Within a matter of minutes, you can easily see how car prices compare in different locations and shop around. Driven by this, despite the fact that average car prices are going up, average dealer profit from a… Continue reading @BMW: Auto financing made easy: our investment in AutoFi000671
VW gauges interest in Ducati brand as a prelude to potential sale: sources
LONDON/FRANKFURT (Reuters) – Volkswagen Group VOWG_p.DE is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. Slideshow ( 2 images ) During the five-year planning round, VW will review the future of… Continue reading VW gauges interest in Ducati brand as a prelude to potential sale: sources
@Ford: How Ford’s Next-Gen Test Vehicle Lays the Foundation for Our Self-Driving Business
By John Davis, Chief Engineer, Ford Autonomous Vehicles LLC A fourth-generation self-driving test vehicle from Ford and Argo AI Launching a self-driving service is complex. Many different pieces need to come together to create a trusted and scalable self-driving service that provides value to customers and the cities they operate in. At Ford, we are taking a… Continue reading @Ford: How Ford’s Next-Gen Test Vehicle Lays the Foundation for Our Self-Driving Business
Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs
LOVELAND, Colo., Oct. 20, 2020 /PRNewswire/ — Lightning Systems, a leading provider of complete electrification solutions for commercial fleets, today announced that it is expanding and renaming the company to Lightning eMotors, effective immediately. Continue Reading Electric drivetrains being assembled at Lightning eMotors’ facility in Loveland, CO “When we originally selected Lightning Systems as our name,… Continue reading Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs
Magna Names Seetarama (Swamy) Kotagiri Chief Executive Officer
Kotagiri, current Magna President and 21-year company veteran, to succeed Don WalkerWalker to retire at end of 2020 after 15 consecutive years as CEO, 33 years with MagnaMedia conference call to be held today, October 20, at 8 a.m. EDTAURORA, Ontario, Oct. 20, 2020 (GLOBE NEWSWIRE) — Magna announced today that its Board of Directors… Continue reading Magna Names Seetarama (Swamy) Kotagiri Chief Executive Officer
@VW Group: Porsche launches new Panamera models
10/20/2020 Porsche is completing the product line-up for the new Panamera with three new models. The new Panamera Turbo S E-Hybrid is now the most powerful variant in the completely revamped product line, combining a 420 kW (571 PS; Panamera Turbo S E-Hybrid models: Fuel consumption combined 2.8 – 2.7 l/100 km; CO2 emissions combined… Continue reading @VW Group: Porsche launches new Panamera models