Daimler said spending on research and development would increase slightly in 2018 after spending 8.7 billion euros in 2017, a rise of 15 percent. FRANKFURT, – Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its… Continue reading Daimler warns of supply chain risk from switch to electric cars
Tag: Manufacturing
Geely to build NEV production base in E China
Lynk & Co, Geely Auto Group’s new car brand, launches in China on Nov 29, 2017. [Photo provided to chinadaily.com.cn] HANGZHOU – Zhejiang Geely Holding Group will set up a complex for new energy vehicles (NEV) at a cost of more than $5 billion in East China’s Zhejiang province. The auto maker on Sunday signed… Continue reading Geely to build NEV production base in E China
E-mobility 12.02.2018 A clear plan for change Staff at the Braunschweig site are set to start building battery systems. mehr
Batteries in cars are now responsible for far more than simply storing electrical energy. These days, we talk about “battery systems.” These are components comprising over 2,000 individual parts, like in the e-Golf, for example – including cell modules, controllers, battery control units, and the housing. All weighing barely 350 kilograms. “We have to be… Continue reading E-mobility 12.02.2018 A clear plan for change Staff at the Braunschweig site are set to start building battery systems. mehr
Gestamp acquires a plant in Brazil to supply Toyota
2.13.2018 Gestamp, the Spanish multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has announced the acquisition of a plant in the city of Sorocaba, in the state of São Paulo (Brazil). Gestamp has signed the acquisition of a plant from the local group Scorpios Indústria… Continue reading Gestamp acquires a plant in Brazil to supply Toyota
Rising tire prices are driving Michelin’s good results in 2017
The Clermont group has posted a net profit of 1.7 billion euros, new historical high and higher than the consensus Inquiry Financial for Thomson Reuters, which gave 1.665 billion. On the other hand, net sales (+ 5% to 21.960 billion) and operating profit on current activities (+ 1.9% to 2.742 billion) are lower than the… Continue reading Rising tire prices are driving Michelin’s good results in 2017
Robot taxis with enormous growth figures
According to a study by TrendForce, robotic taxis show growth of 80 percent per year. What happens when autonomous driving is introduced and the taxis drive by themselves? There have already been some studies, such as the analysis of the loss of jobs, the loss of private cars and more research, Common to all studies,… Continue reading Robot taxis with enormous growth figures
PROTON CLARIFIES STATEMENT BY PEKEMA
PRESS PROTON CLARIFIES STATEMENT BY PEKEMA Posted on Feb 13, 2018 Subang Jaya, 12 February 2018– PROTON would like to respond to the article entitled, Pengedar Bumiputera Proton Tertekan that was published on 11 February 2018 by Utusan Malaysia. We would firstly like to thank PEKEMA and its members for highlighting issues faced by its… Continue reading PROTON CLARIFIES STATEMENT BY PEKEMA
Michelin believes that its plants in Spain “have room to reach their maximum production capacity”
Published 2/13/2018 11:20:20:06 CET PARIS, 13 Feb. (EUROPA PRESS) – The president of Michelin, Jean Dominique Senard, has assured that the factories of the manufacturer of French tires in Spain “still have margin to reach his maximum capacity of production”, underlining that these have a “very important” weight on the attainment of the good ones… Continue reading Michelin believes that its plants in Spain “have room to reach their maximum production capacity”
GM to shut one South Korea plant, decide on fate of others within weeks
DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks
Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU
All articles and backgrounds 02/13/2018 Tire manufacturer buys a fifth Michelin goes into workshop chain ATU DPA Already in French hands: Now there is next to the French Mobivia with the tire manufacturer Michelin a second French shareholder of the workshop chain ATU The French tire manufacturer Michelin Show stock market chart has invested one… Continue reading Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU