1.25.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, reinforces its presence in China by signing a strategic Joint Venture (JV) Agreement. Gestamp has signed a JV Agreement with Beijing Hainachuan Automotive Parts Co. Ltd. (BHAP), a Chinese company specialized in auto components,… Continue reading Gestamp signs a Joint Venture agreement with BHAP (BAIC Group) in China
Tag: Manufacturing
BMW says it can build electric cars and regular ones on same platforms: interview
Follow John As the auto industry plans more electric cars in higher volumes for the 2020s, one of the great debates is whether they will need to be designed from the ground up solely for battery power. Doing so allows designers to offer larger cabins due to the more compact drive motors and electronics. One… Continue reading BMW says it can build electric cars and regular ones on same platforms: interview
Opel Spain moves workers to improve competitiveness is “a matter of survival”
Posted 1/25/2018 4:50 PM: 34CET ZARAGOZA, 25 Jan. (EUROPA PRESS) – “Improving our competitive position is not an option, it’s a matter of survival.” This has been the message conveyed by the general director of Opel Spain, Antonio Cobo, in a letter to the workers of the Zaragoza plant of Figueruelas. In this same letter… Continue reading Opel Spain moves workers to improve competitiveness is “a matter of survival”
Hyundai Mobis 2017 net plunges 48 pct on strong won
SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won
Porsche Exec On Mission E Charging At 800 Volts, Battery Tech, More
Uwe Michael, Head of the Electrics/Electronics Development Division at Porsche Porsche will remain true to its ethos while making electronics and electrification a “strong brand value.” Uwe Michael, Head of the Electrics/Electronics Development Division at Porsche, speaks to battery tech and charging times. He also elaborates on software, apps, artificial intelligence, and his team’s plan… Continue reading Porsche Exec On Mission E Charging At 800 Volts, Battery Tech, More
AAM and Drexler Partner to Produce New High-Performance Electronic Differential
Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM and Drexler Partner to Produce New High-Performance Electronic Differential
“The electric vehicle in the ecological transition in France” (Study of European Climate Foundation and the Fondation pour la Nature et pour l’Homme), in collaboration with Groupe Renault
Groupe Renault has participated in an unprecedented study conducted by the European Climate Foundation and the Fondation pour la Nature et pour l’Homme on the environmental impacts of electric vehicles over their entire life cycle, with other experts: Avere-France, Ademe, Cler, Climate Action Network France, WWF, battery manufacturer Saft and RTE. New French study reveals… Continue reading “The electric vehicle in the ecological transition in France” (Study of European Climate Foundation and the Fondation pour la Nature et pour l’Homme), in collaboration with Groupe Renault
Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant
Posted 1/25/2018 2:25:18 PM VALENCIA, 25 Jan. (EUROPA PRESS) – The management of the Ford plant in Almussafes (Valencia) and the UGT section in the factory have reached a principle of agreement on the company’s competitiveness plan for the next three years, which includes a salary increase for the company’s workforce. , 5% in 2019,… Continue reading Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant
Gestamp agrees with BHAP to form a joint venture in China
Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China
Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won
Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won