Bill Ford on CEO Hackett: ‘I love having him here’

CLOSE Bill Ford talks Detroit, last name Ford vs Forde Eric Seals, Detroit Free Press Buy Photo Jim Hackett, President and Chief Executive Officer of Ford Motor Company, with Bill Ford Jr. during the North American International Auto Show in Detroit in January 2018. (Photo: Mandi Wright, Detroit Free Press)Buy Photo Ford CEO Jim Hackett… Continue reading Bill Ford on CEO Hackett: ‘I love having him here’

Elon Musk e-mails Tesla employees urging ‘radical improvements’ to hit quarterly targets

An e-mail sent to all Tesla staff from Elon Musk on Friday night congratulated employees for the progress they’ve made on Model 3 vehicle production recently — but also said “radical improvements” are still needed in manufacturing to hit the company’s quarterly targets.

Autonomous pods for under $ 10,000

The startup Perceptin has developed Autonomous Pods for the “narrow thaler”. Autonomous vehicles do not exist yet, because there are still many problems to solve. One of the problems is the speed. The faster a car drives, the higher it has to go Sensor range be, the higher the must computing capacity and the faster… Continue reading Autonomous pods for under $ 10,000

Autoliv prices EUR 500 million bond issue

Mon, Jun 18, 2018 10:30 CET (Stockholm, Sweden, June 18, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), today announced that it has priced a 5-year bond offering of EUR 500 million in the Eurobond market (the “Notes”). The Notes are due to be issued on June 26 and will carry a coupon of… Continue reading Autoliv prices EUR 500 million bond issue

Nissan to use ultrastrong, high-formability steel in more new vehicles

World-first innovation can help lower emissions and improve performance by reducing vehicle weight YOKOHAMA, Japan (June 18, 2018) – Nissan Motor Co., Ltd. will build more models using a new type of steel that combines high tensile strength with a previously unachievable degree of formability, resulting in lighter vehicles that can help lower emissions while… Continue reading Nissan to use ultrastrong, high-formability steel in more new vehicles

Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025

Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025   Volvo Cars, the premium car maker, today announced its ambition that from 2025, at least 25 per cent of the plastics used in every newly launched Volvo car will be made from recycled material.   Volvo Cars also urged… Continue reading Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025

Top Automotive Industry News for Week of June 11 – June 17, 2018

Here is the most important news associated with the automotive industry identified by the SEA for the week June 11, 2018 – June 17, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Automakers Are Swimming Upstream against Cyberthreats (Car and Driver) Cab, Forward:… Continue reading Top Automotive Industry News for Week of June 11 – June 17, 2018

Ford Motor Company Acquires Iconic Michigan Central Station; Will Outline Vision for New Corktown Campus on Tuesday

DETROIT, June 17, 2018 – Ford Motor Company has acquired the iconic Michigan Central Station and plans to transform it into the centerpiece of a vibrant new campus in Detroit’s Corktown neighborhood that will serve as an innovation hub for Ford’s vision for the future of transportation. The acquisition of Michigan Central Station comes alongside… Continue reading Ford Motor Company Acquires Iconic Michigan Central Station; Will Outline Vision for New Corktown Campus on Tuesday

Bill Ford Jr.: The complete interview

Ford Motor Co. Executive Chairman Bill Ford Jr. sat down with Crain’s Senior Reporter Chad Livengood and Automotive News’ Ford beat reporter Michael Martinez for a wide-ranging interview June 14 about the automaker’s purchase and plans for redeveloping the Michigan Central Station. Ford said the company plans to have up to 2,500 employees working in… Continue reading Bill Ford Jr.: The complete interview

Volkswagen: VW designers have to cut costs – CEO Diess continues its austerity

VW prototype Sedric In the design department, VW boss Diess uses the red pencil. (Photo: AP) Potsdam Peter Wouda strokes his fingers over the “Volkswagen” lettering on the Self-propelled model Sedric emblazoned. Earlier, he explains VW-Designer, you have also crafted the brand names for the prototypes by hand. Today, the lettering comes from the 3D… Continue reading Volkswagen: VW designers have to cut costs – CEO Diess continues its austerity