DETROIT (Reuters) – General Motors Co (GM.N) President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a“sustainable, profitable business,” if unions and the South Korean government agree quickly on a restructuring. FILE PHOTO: Cars made by GM Korea are seen on trucks in a yard of GM Korea’s Bupyeong plant… Continue reading UPDATE 1-GM president says ‘shared sacrifice’ needed to fix GM Korea
Tag: Manufacturing
SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY
Reinforcing our innovation ecosystem is one of our top 2018 priorities following the January launch of our new TechCenter in Silicon Valley. We’re excited to be at the heart of open collaboration that’s connecting the automotive industry to start-ups, universities and tech entrepreneurs to explore the car of the future. To highlight this, we opened… Continue reading SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY
Panasonic Factory in Dalian, China Begins Mass Production and Shipments of Automotive Lithium-ion Batteries
Osaka, Japan – Panasonic Corporation has begun mass production of prismatic-type automotive lithium-ion batteries at its factory in Dalian, China, and held a ceremony to mark the first shipment today. The market for eco-conscious vehicles, including hybrids, plug-in hybrids, and electric vehicles, is growing every year thanks to the increase in environmental awareness in recent… Continue reading Panasonic Factory in Dalian, China Begins Mass Production and Shipments of Automotive Lithium-ion Batteries
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs off a potential trade war between the world’s two biggest economies. The company has a team looking into proposals for… Continue reading China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots
Photo Brand 11 March 2018 Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots Saxony’s prime minister Michael Kretschmer (right) tries out the new sensor jacket from Wandelbots in the Transparent Factory of Volkswagen in Dresden. Also present: Saxony’s Minister of Economic Affairs Martin Dulig and Wandelbots co-CEO Georg… Continue reading Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots
Bosch Mahle Turbo Systems changes hands
Equipment suppliers By Christophe Jaussaud, the 12/03/2018 The JV between the two German equipment manufacturers, turbos specialist, is now owned by the Hong Kong fund FountainVest. It’s official, Bosch Mahle Turbo Systems is now part of the Hong Kong investment fund FountainVest. A buyback that has been approved by all authorities. A shareholder change that… Continue reading Bosch Mahle Turbo Systems changes hands
Faraday Future teases fleet of FF91 electric car prototypes as it still aims for launch this year
Despite its many setbacks over the last few years, Faraday Future claims that it is now flush with money and still plans to launch the FF91, its first electric vehicle, by the end of the year. The startup now teases a new fleet of prototypes ahead of the launch. Home Solar Power We have all… Continue reading Faraday Future teases fleet of FF91 electric car prototypes as it still aims for launch this year
Aston Martin Plotting A Third Mid-Engined Model
The company is calling it “brother of the Valkyrie.” The Aston Martin Valkyrie is the first vehicle in what we expect to be a long line of mid-engined arrivals from the storied British sports car maker. The limited hypercar will eventually spawn a more affordable offering to rival the Ferrari 488, and new reports suggest… Continue reading Aston Martin Plotting A Third Mid-Engined Model
Clogged future for Blanquefort, according to Ford
Determined to cede the site to a potential buyer, the US manufacturer said Friday does not see “any Ford production opportunity” beyond 2019 for its Blanquefort plant. Ford confirmed last Friday its willingness to withdraw completely from the production site Girondin specialized in gearboxes. In a statement issued on the sidelines of a follow-up meeting… Continue reading Clogged future for Blanquefort, according to Ford
Start-up claims carbon nano-tube membrane breakthrough will enable fuels with CO2 removed from the air to be developed
A US start-up claims to have found a way to scale the number of carbon nanotube (CNT) membranes to generate carbon-zero fuels, rather than relying on fossil fuels. According to New York-based firm Mattershift, it has discovered a breakthrough in creating large-scale carbon nanotube membranes, which could enable the combining and separation of molecules to “make… Continue reading Start-up claims carbon nano-tube membrane breakthrough will enable fuels with CO2 removed from the air to be developed