Thank you, Mr. Chairman, Ranking Member Blumenthal and members of the subcommittee. My name is Rick Schostek, executive vice president of Honda North America, Inc. It has been more than two and a half years since I last appeared before the full Commerce Committee. I want to thank you for this opportunity to update you… Continue reading Statement of Rick Schostek, Executive Vice President Honda North America, Inc. before the U.S. Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security March 20, 2018
Tag: Manufacturing
Bollinger Motors Upgrades Battery Capacity on its Flagship B1
Electric truck startup Bollinger Motors has upgraded its battery capacity on its flagship B1 vehicle with a new 120-kWh battery pack, up from 60 kWh and 100-kWh options. The updated spec has been revealed in a new showreel, titled Bollinger B1 electric truck making of. [embedded content] In the 11-minute clip, narrator Robert Bollinger, founder… Continue reading Bollinger Motors Upgrades Battery Capacity on its Flagship B1
BMW 7 Series not available for one year: That’s why carmakers are desperate for the new emission regulations
All articles and backgrounds 03/21/2018 BMW 7er one year not available That’s why carmakers are desperate for the new emission regulations BMW BMW 740 For a year, the BMW 7 Series is in Europe not available as gasoline engine – This sales convention for Munich’s flagship shocked fans of the premium manufacturer. Other models are… Continue reading BMW 7 Series not available for one year: That’s why carmakers are desperate for the new emission regulations
VW subsidiary: Skoda wants to prevent strikes by salary increase
Skoda The Czech VW subsidiary wants to prevent strikes in the wage dispute with wage increases. (Photo: obs) The Czech Volkswagen-Daughter Skoda has submitted a wage increase of 8.3 percent from April onwards in a wage dispute with the unions to avert an impending strike. “We are negotiating next week, I hope we will reach… Continue reading VW subsidiary: Skoda wants to prevent strikes by salary increase
Engines and transmissions: PSA invests in Opel plants abroad
From 2019 on, three-cylinder gasoline engines are to be built in the factories in Tychy, Poland and in Szentgotthárd, Hungary. In Austria, gearbox production is being expanded. The French carmaker PSA invests in several Opel plants outside Germany. So to be built from 2019 on in the factories Tychy (Poland) and Szentgotthárd (Hungary) three-cylinder gasoline… Continue reading Engines and transmissions: PSA invests in Opel plants abroad
Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
Brussels, 21 March 2018 – Before the European Commission publishes its proposal on the revision of the General Safety Regulation this May, the European Automobile Manufacturers’ Association (ACEA) is calling on policy makers to focus on the most effective vehicle safety measures with the strongest positive impact. “It goes without saying that our industry is… Continue reading Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To meet the increasing demand of automatic gearboxes, Groupe PSA (Paris:UG) has entered into a license agreement with Aisin AW in order to produce the EAT6 gearbox in France. Until now this gearbox was manufactured by Aisin and imported from Japan. The competitiveness of the Valenciennes production plant, combined with its… Continue reading Groupe PSA Invests in Valenciennes to Produce Automatic Transmission under Aisin AW License
Sion Power – Production Of Breakthrough 500 Wh/kg Cell Starts This Year
35 M BY MARK KANE Sion Power, the Arizona-based company acquired by BASF in 2012, announced that production of its groundbreaking Licerion lithium batteries will begin in late 2018 at its Tucson facility. Sion Power’s next generation cells: 400 Wh/kg, 700 Wh/L and 350 cycles under 1C discharge condition Sion Power developed 20 Ah cells… Continue reading Sion Power – Production Of Breakthrough 500 Wh/kg Cell Starts This Year
Skoda shoots 34% profit in 2017 and will launch 19 new models in two years
Published 3/21/2018 11: 35: 31CET MLADÁ BOLESLAV (CZECH REPUBLIC), Mar. 21 (EUROPA PRESS) – The Czech car firm Skoda posted a net profit of 1,274 million euros at the end of last year, which is an increase of 34% compared to the 951 million euros it won in 2016, according to data published by the… Continue reading Skoda shoots 34% profit in 2017 and will launch 19 new models in two years
Lear Corporation Expands Seating Structures Plant in Valença, Portugal
SOUTHFIELD, Mich., March 21, 2018 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today announced the opening of the expansion of its automotive seating structures manufacturing facility in Valença, Portugal. Peter Hagemann, Lear’s vice president for European structures operations, will welcome Ana Teresa Lehmann, Portugal’s secretary of state… Continue reading Lear Corporation Expands Seating Structures Plant in Valença, Portugal