[embedded content] Klaus-Dieter Schürmann, ŠKODA AUTO Board Member for Finance and IT, explained, “By installing the new high-performance computer, ŠKODA AUTO is further expanding the largest commercial computing centre in the Czech Republic. We are thereby continuing to press ahead on our path to becoming a digital company and are creating an important technical prerequisite… Continue reading ŠKODA AUTO puts the most powerful commercial supercomputer in the Czech Republic into operation
Tag: Manufacturing
Vauxhall fears after car giants Fiat and PSA announce merger
Fiat Chrysler is to merge with Vauxhall’s owner PSA to create the world’s fourth largest car company. The two sides say they have yet to finalise all the details, but the 50-50 merger is expected to provide significant cost savings. That has raised concerns at Vauxhall, which employs 3,000 people in the UK, as it… Continue reading Vauxhall fears after car giants Fiat and PSA announce merger
Hero Motocorp’s Haridwar plant crosses 25 million cumulative production milestone
Hero MotoCorp’s Haridwar plant has crossed cumulative production of 25 million units. Plant head Mukesh Goyal with his team at the roll out of the 25th million two-wheeler. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, achieved another milestone with its manufacturing facility at Haridwar, Uttarakhand achieving the unique distinction of surpassing 25… Continue reading Hero Motocorp’s Haridwar plant crosses 25 million cumulative production milestone
ŠKODA to Optimize Manufacturing Processes and Cut Production Costs Using Seebo’s Predictive Quality Solution
TEL AVIV, Israel, Oct. 31, 2019 /PRNewswire/ — Seebo, a pioneer in process-centric Artificial Intelligence, announced today a new cooperation, with ŠKODA AUTO, the leading Czech car manufacturer. ŠKODA and Seebo have partnered in order to predict and prevent losses in ŠKODA’s engine production lines by using Seebo’s unique process-centric AI solution. The deployment of Seebo Predictive… Continue reading ŠKODA to Optimize Manufacturing Processes and Cut Production Costs Using Seebo’s Predictive Quality Solution
Delphi Technologies reports third quarter results, announces cost reduction plan to accelerate profitable growth
LONDON, Oct. 31, 2019 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH) (“Delphi Technologies” or the “Company”) today announced financial results for its third quarter 2019. Q3 2019 results Revenue Operating Income Operating Income Margin Net Income per Share – Diluted Cash From Operations GAAP $1.0 B $45 M 4.4% $0.16 $59 M vs. Q3 2018 (11)%… Continue reading Delphi Technologies reports third quarter results, announces cost reduction plan to accelerate profitable growth
AUDI AG: Robust figures for the third quarter
In a challenging second half of the year, the Audi Group stabilized its deliveries and posted robust figures for the third quarter. Adjusted for the effects of deconsolidating the multi-brand importers, revenue was higher than in the prior-year period. Operating profit reflects the decrease in deliveries and ongoing high upfront expenditure for the future. Cash… Continue reading AUDI AG: Robust figures for the third quarter
Fiat Chrysler, Peugeot deal good news but must not affect jobs in Italy – Italian minister
ROME, Oct 31 (Reuters) – A planned merger between Italy’s Fiat Chrysler (FCA) and French Peugeot owner PSA is good news provided it does not affect jobs in Italy, the country’s industry minister said on Thursday. “We will ask FCA for continuity on its industrial plan and on investments and production in Italy”, Stefano Patuanelli… Continue reading Fiat Chrysler, Peugeot deal good news but must not affect jobs in Italy – Italian minister
France-based IBS to set up lithium-ion battery manufacturing in India, partners Ion Energy for BMS
Mumbai-based Ion Energy, one of the leading company working on advanced battery management and intelligence systems for electric mobility and energy storage applications, has announced the successful launch of IBS, a France based battery pack manufacturer that leverages Ion’s technology in all of their batteries. Coming out of stealth mode, IBS showcased its first electric… Continue reading France-based IBS to set up lithium-ion battery manufacturing in India, partners Ion Energy for BMS
China’s auto market could shrink about 8% this year: industry official
BEIJING/SINGAPORE (Reuters) – Auto sales in China may skid to 26 million this year, a drop of around 8%, a senior industry executive warned, as the world’s largest auto market braces for a second year of contraction amid slowing economic growth and tighter vehicle emissions standards. FILE PHOTO: Cars for export wait to be loaded… Continue reading China’s auto market could shrink about 8% this year: industry official
Statement on UAW-Ford Negotiations
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… Continue reading Statement on UAW-Ford Negotiations