Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Tag: Manufacturing
Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks
Here acquires Micello to add indoor mapping as part of its IoT business unit
Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps… Continue reading Here acquires Micello to add indoor mapping as part of its IoT business unit
Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
Published 1/24/2018 2:44:21 PM ZARAGOZA / MADRID, 24 Jan. (EUROPA PRESS) – The PSA Group, through the management of Opel Spain, has informed the representatives of the workers of its plant in Figueruelas (Zaragoza) that it has decided to halt the project of the new Corsa in this center and is looking for a new… Continue reading PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
New production facilities to meet rising demand Capacity expansion and technology development subsidized by the Hungarian Government Up to 300 new workplaces are expected in the future Nyíregyháza, January 23, 2018. ContiTech is building on its commitment to Hungary. Over the past one and a half years, the industrial supplier – part of German technology… Continue reading ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
Berlin’s Blacklane raises $40-45M for its high-end transport on demand service
Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service
Opel: temporary workers should be replaced by workers from Poland
Opelwerk in Russelsheim The French auto company PSA had already announced last November, a recovery plan for the acquired carmaker Opel. (Photo: Reuters) The carmaker Opel replaces an unknown number of temporary workers at its Rüsselsheim headquarters by regular employees from the Polish site in Gliwice. The plant there is currently only weakly utilized, so… Continue reading Opel: temporary workers should be replaced by workers from Poland
Aston Martin DB11 recalled due to Daimler steering column issue
Aston Martin is recalling 3973 DB11s in order to fix a potential issue with their steering column upper that could cause unintended firing of the airbag. The affected part, a clock spring in the steering column that can break, is supplied by Daimler thanks to the company’s tech tie-up with Aston Martin. If the spring… Continue reading Aston Martin DB11 recalled due to Daimler steering column issue
Automotive suppliers on an expansion course: VW-Schreck Prevent takes over German casting specialists
All articles and backgrounds 01/23/2018 Auto parts supplier on expansion course VW Schreck Prevent takes over German casting specialists DPA Headquarters of automotive supplier Prevent in Warmenau near Wolfsburg (Lower Saxony). This acquisition should be the VolkswagenBuyers eyeing with gawky eyes: Those by their spectacular dispute with VW Became known Prevent Group buys again in… Continue reading Automotive suppliers on an expansion course: VW-Schreck Prevent takes over German casting specialists