Asia represents one of the strongest growing automotive markets in the world, and Magna International has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company of Vietnam. Magna’s complete vehicle team has responsibility for the full vehicle development of two… Continue reading Magna to undertake full vehicle development for VinFast
Tag: Manufacturing
Auto: builders worry about new approval procedure
The dossier is already poisoning the day-to-day lives of European carmakers … and risks weighing on their production and margins this year. Carlos Ghosn himself issued a warning by commenting on the publication of Renault results in February : “There is a lot of uncertainty, we do not know at what rate authorizations will be… Continue reading Auto: builders worry about new approval procedure
115 jobs threatened at Steva Limousin stamping machine
At the works council held on Friday, March 30, representatives of the staff of Steva Limousin, which employs 115 employees, were informed of the placement in receivership of the Bessines-sur-Gartempe plant (Haute-Vienne) faced with cash flow difficulties and insufficient activity. In 2014, the Steva group took over this site in receivership which belonged to Altia.… Continue reading 115 jobs threatened at Steva Limousin stamping machine
Panasonic Starts Battery Cell Production In China
1 M BY MARK KANE Panasonic finally has begun mass production of prismatic-type automotive lithium-ion batteries in China, in the new factory opened in Dalian nearly one year ago. First shipment was sent on March 13, 2018. The cells for vehicles will be supplied to manufacturers in China and North America. At a later stage,… Continue reading Panasonic Starts Battery Cell Production In China
Nissan Leaf 30-kwh battery decline 3 times that of earlier electric cars: study
Follow John The Nissan Leaf, at least for the moment, remains the highest-volume electric car produced in history, with more than 300,000 sold. One of the measures that kept its cost down was the use of passive air cooling for its battery pack, rather than the pricier liquid cooling used by other makers to keep… Continue reading Nissan Leaf 30-kwh battery decline 3 times that of earlier electric cars: study
Copenhagen’s carbon neutral plan
It’s a prodigious goal: a carbon neutral city. The changes required to make it happen extend beyond Copenhagen’s city planners. Residents, businesses and infrastructure will all have to come together to make a carbon neutral Copenhagen by 2025. It’s an incredibly complex subject, carbon neutrality. It does not mean carbon-zero, or a complete lack of… Continue reading Copenhagen’s carbon neutral plan
March 29 Suzuki February 2018 Automobile Production, Japan Sales, and Export Figures (Preliminary)
February2018(units) Year-on-Year Year-on-YearTrends Jan.–Feb.2018(units) Year-on-Year Japan production 82,035 86.2% Down for the first time in 14 months 162,671 93.4% Overseas production 211,090 113.1% Up for the 14th consecutive month 419,787 107.8% Global production 293,125 104.0% Up for the 14th consecutive month 582,458 103.4%
Press Release – Magna Provides Engineering Expertise to New Automaker VinFast
Please click HERE for a PDF version of the release. Complete vehicle development for two models Advanced engineering methods reduce development time to 12 months Vehicles will be built at the VinFast production plant in Haiphong, Vietnam SHANGHAI, China, March 29, 2018 (GLOBE NEWSWIRE) — Asia represents one of the strongest growing automotive markets in… Continue reading Press Release – Magna Provides Engineering Expertise to New Automaker VinFast
Ford CEO Jim Hackett earned $16.3 million as profit dropped
Hackett was abruptly named as CEO in response to investors’ growing unease about the US automaker’s slumping stock price and its ability to counter threats from longtime automotive rivals and upstarts in Silicon Valley. DETROIT: Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $16.3 million in 2017, while… Continue reading Ford CEO Jim Hackett earned $16.3 million as profit dropped
GAC Motor Makes Great First Impression at NADA to Inspire North American Dealer Partners with Successful Dealer Gathering
LAS VEGAS, March 30, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, made a strong first impression with North American auto dealers with a successful debut at the National Automobile Dealers Association Show (NADA). The company showcased a star lineup of best-selling vehicles and held a dealer gathering to attract solid dealer interest for the… Continue reading GAC Motor Makes Great First Impression at NADA to Inspire North American Dealer Partners with Successful Dealer Gathering