Ford launches layoff program for Brazil’s Camaçari plant

FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis/File Photo SAO PAULO (Reuters) – The Brazilian unit of Ford Motor Company said on Tuesday it was initiating a voluntary layoff program for its plant in Camaçari, in… Continue reading Ford launches layoff program for Brazil’s Camaçari plant

Tesla’s new Autopilot computer is only at 5% capacity, current 2.5 at ~80%

Now that Tesla’s new Full Self-Driving computer is in production, CEO Elon Musk elaborated on the state of the capacity of the current generation versus the new more powerful computer. When Tesla introduced its second generation computer for Autopilot back in 2016, Musk confirmed that Tesla was starting to reach the limit of the first… Continue reading Tesla’s new Autopilot computer is only at 5% capacity, current 2.5 at ~80%

Collapse of production: German car industry shrinks considerably

DPA Export cars in the port of Emden: The production of motor vehicles in Germany declined by around 7 percent in the second half of 2018 German carmakers and suppliers have seen significant declines in production over the past year. As reported by the Federal Statistical Office on Tuesday, the production of motor vehicles and… Continue reading Collapse of production: German car industry shrinks considerably

Digitization: BMW and Microsoft are working on an intelligent factory

DPA Joint platform: BMW and Microsoft want to bring together production and logistics Together with Microsoft, BMW wants to promote the digitization of manufacturing processes. The Munich-based carmaker and the world’s largest software provider announced on Tuesday at the Hannover Messe that they wanted to build an open online platform (OMP) to network production and… Continue reading Digitization: BMW and Microsoft are working on an intelligent factory

Nidec Completes Acquisition of DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

FOR IMMEDIATE RELEASE

Nidec Corporation

Tokyo Stock Exchange code: 6594

Contact:

Masahiro Nagayasu

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

Released on March 4, 2019, in Kyoto, Japan

Nidec Completes Acquisition of DESCH Antriebstechnik GmbH & Co.
KG and Its Group Companies

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has completed the acquisition of 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies (collectively “DESCH”), privately owned German companies from its owners (the “Transaction”) through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.
The Transaction was performed in line with the acquisition plan announced on February 1, 2019. As a result of the Transaction, DESCH became consolidated subsidiaries of Nidec, as outlined below:

1. Outline of New Subsidiaries

(1) Company Name:

DESCH Antriebstechnik ..

Exclusive: Ford likely to end independent India business with new Mahindra deal – sources

FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis/File Photo NEW DELHI (Reuters) – Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will… Continue reading Exclusive: Ford likely to end independent India business with new Mahindra deal – sources

Absolutely real: Virtual and augmented reality open new avenues in the BMW Group Production System

Munich. The BMW Group Production focuses increasingly on trendsetting, easy-to-use and effective virtual (VR) and augmented (AR) reality applications. VR images, or artificially created images, are ever more realistic and hard to distinguish from real pictures. In AR applications, illustrations complement real images. AR and VR images can be viewed in special headsets or on… Continue reading Absolutely real: Virtual and augmented reality open new avenues in the BMW Group Production System

Opening of Mercedes-Benz Cars passenger car plant in Russia

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Audi delivered around 182,750 premium automobiles to customers in March

AUDI AG delivered around 182,750 cars to customers worldwide in March. As such, deliveries were down just 0.5 percent on the prior-year level. The company set new record-breaking figures in China and the United States. This contrasted with a fall in sales in the South America and Asia-Pacific regions due to model changeovers. Audi also… Continue reading Audi delivered around 182,750 premium automobiles to customers in March

Tesla Demonstrates Its Agility With New Homelink Option For Model 3 Owners

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Published on April 8th, 2019 |

by Kyle Field

Tesla Demonstrates Its Agility With New Homelink Option For Model 3 Owners

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April 8th, 2019 by Kyle Field

Tesla pulled back the curtains on its plan to offer lower-trimmed vehicle owners the ability to purchase incremental hardware and software updates for their vehicles today. The company just added the option to purchase a software unlock to enable its Homelink automatic garage door opener on Standard Range and Standard Range Plus trims of the Model 3.

The new option will allow owners of the lower trims of the Model 3 to add the ability to open the garage door just as if the feature was installed at the factory. Tesla makes the otherwise boring process of opening the garage door beautiful with the addition of GPS integration that fires off the garage door opener within a user-defined distance from the door or gate. I have this setup for my father-in-law’s house and it works beautifully to first open the gate to their complex and a few minutes later to their garage door.

The option will set owners back $300 for the added convenience and requires a new RF module that will be shipped to a service center for installation. The RF modules themselves cost mere pennies, with the majority of the expense being the integration into the vehicle and the underlying software that makes for such an elegant solution.

The price includes the RF module itself and installation of the module at a Tesla Service Center. The installation adds the hardware to the vehicle and unlocks the new functionality in the vehicle’s software. Tesla notes that after purchase, the local service center will contact the owner to coordinate the installation of the new functionality into the vehicle.

More broadly, the simple addition of the automatic garage door opener signals that Tesla is doing everything it can to allow customers to add as many features as possible to as many cars as possible, and is making a profit on those options along the way. This particular piece of kit shows how Tesla’s expertise in software and hardware allow it to offer incremental options to customers, like this one, that would fall through the cracks with traditional automotive manufacturers.

About the Author

Kyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor.

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