Grab Unveils Southeast Asia’s First Bike-Sharing Marketplace App

Singapore, 9 March 2018 – Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today unveiled GrabCycle Beta, a marketplace app that will bring mobility partners oBike, GBikes, Anywheel and Popscoot into a single app. With GrabCycle, it’s easy for anyone to find a bike or an e-scooter whenever they need one.… Continue reading Grab Unveils Southeast Asia’s First Bike-Sharing Marketplace App

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

Mazda and Toyota Establish Joint-Venture Company “Mazda Toyota Manufacturing, U.S.A., Inc.”

HUNTSVILLE, Ala., (March 8, 2018) / HIROSHIMA and TOYOTA-CITY, Japan (March 9, 2018) – Mazda Motor Corporation and Toyota Motor Corporation have established their new joint-venture company “Mazda Toyota Manufacturing, U.S.A., Inc.” (MTMUS) that will produce vehicles in Huntsville, Alabama starting in 2021.

A production version of the world’s first ‘real’ flying car has been unveiled at a motor show in Geneva.

The £440,000 ($600,000) twin-engine ‘Pal-V’ craft looks like a hybrid between a motorbike and a helicopterA production version of the vehicle has been displayed for the first time ahead of initial batch shipping in 2019The first edition Pal-V Liberty will cost £437,000 ($599,000) and have a flying range of of 248 an 310 milesThe craft is… Continue reading A production version of the world’s first ‘real’ flying car has been unveiled at a motor show in Geneva.

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

Citroën shows its priorities internationally

Linda Jackson, director of Citroën, took advantage of Geneva to present the brand’s battle plan to the rafters internationally. In the spotlight: Latin America, Eurasia and the Middle East in particular. Silence on the other hand on its first market outside Europe, China and Southeast Asia, battered in 2017. In 2017, Citroën achieved 26% of… Continue reading Citroën shows its priorities internationally

Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems

Continental AG (CON.XE), a German automotive supplier, said it plans to set up a joint venture with Chinese auto parts maker Sichuan Chengfei Integration Technology Co. to develop and manufacture 48-volt battery systems for cars. Continental AG will hold a 60% interest in the joint venture and the rest will be held by CITC, a… Continue reading Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems

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

Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year

Posted 08/03/2018 14: 00: 14CET MADRID, 8 Mar. (EUROPA PRESS) – The car company Peugeot motorcycles, belonging to the PSA Group, will launch this year a service of ‘motorcycle sharing’ in the main Spanish cities, between which Madrid and Barcelona could be found, according to the firm announced this Thursday in the presentation of the… Continue reading Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year

C_Two: The second electric supercar from Rimac

Electric supercar Rimac Concept Two: no car for the Sunday excursion (Image: Dirk Kunde) Geneva Motor Show The Croatian sports car manufacturer Rimac presents its electric Concept Two in Geneva. The two-seated electric car It reaches 412 km / h and up to 650 km range. From Dirk customer It’s just a small detail, but… Continue reading C_Two: The second electric supercar from Rimac