Tag: People

News Release – Magna Unveils High-Definition ICON RADAR – Scans Environment in Four Dimensions

Please click HERE for a PDF version of the release. Magna’s ICON RADAR evolves from advanced technology used by the U.S. military Achieves a range of more than 300 meters and scans the environment 50 times faster than the time it takes to blink an eye Next-gen radar has ultra-fine detection along with improved interference tolerance over… Continue reading News Release – Magna Unveils High-Definition ICON RADAR – Scans Environment in Four Dimensions

Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions

DETROIT, Jan. 15, 2018 /PRNewswire/ – Automakers now have a radar option that leapfrogs the competition as Magna unveiled its ICON RADAR at the North American International Auto Show (NAIAS). Setting a new standard in high-resolution automotive radar, ICON RADAR incorporates advanced technology used by the U.S. military to provide precise detection, extensive range and high… Continue reading Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions

UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) – Fiat Chrysler Automobiles NV’s (FCA) (FCHA.MI) (FCAU.N) has no intention of breaking up the company or selling individual brands to China or other parties, the company’s chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits. “We’re not going to break up… Continue reading UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

Ferrari SUV must look and drive like a Ferrari, says Marchionne

Fiat Chrysler boss Sergio Marchionne has reconfirmed his plans to build a Ferrari SUV – but reassured fans it will not dilute the brand’s DNA. The colourful CEO initially indicated his intention to build an SUV – or FUV (Ferrari Utility Vehicle) in November 2017 and has since seen Lamborghini enter the market by launching… Continue reading Ferrari SUV must look and drive like a Ferrari, says Marchionne

AT CES®, FAURECIA EQUIPS BYTON’S CONCEPT CAR

CES 2018 – Startup Byton, one of the new Chinese automotive players specialized in electric cars, caused a stir by revealing a first concept vehicle with a full cockpit designed by Faurecia The concept is an electric crossover which is expected to debut on the Chinese market in 2019, before going on sale in the… Continue reading AT CES®, FAURECIA EQUIPS BYTON’S CONCEPT CAR

Faurecia and MAHLE to collaborate on technologies for thermal management of the Cockpit of the Future

Within the framework of this cooperation, Faurecia will bring its unique expertise as a full interior system integrator. MAHLE adds its holistic thermal expertise for passenger comfort and energy efficiency. The two companies have already identified several potential collaboration fields addressing topics such as air distribution, air conditioning integration solutions for electric vehicles and the… Continue reading Faurecia and MAHLE to collaborate on technologies for thermal management of the Cockpit of the Future

BMW Group Press Conference, North American International Auto Show, NAIAS Detroit 2018

And we expect more than 20% of US 5 Series sales in 2018 will be Plug-in-Electric Hybrids With increased customer demand for our electrified models, the US plays a vital role in our global electrification strategy. To keep the momentum going, the new and updated 2018 BMW i8 Coupe here on stage makes its World… Continue reading BMW Group Press Conference, North American International Auto Show, NAIAS Detroit 2018

Shell Acquires Interest in Silicon Ranch Corporation

NASHVILLE, Tenn., Jan. 15, 2018 /PRNewswire/ — Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, announced today that it has signed an agreement to make Shell its largest shareholder. As part of the agreement, Shell will acquire a 43.83% interest in Silicon Ranch from Partners Group, the global private markets… Continue reading Shell Acquires Interest in Silicon Ranch Corporation

BMW checks its first own plant in Russia

BMW is considering building a new plant in Russia. A possible location is Kaliningrad. The investment would be according to media reports several hundred million euros. BMW headquarters in Munich Monday, 09.10.2017 16:40 BMW is considering the construction of its first own plant in Russia. One possible location is Kaliningrad, the area on the Baltic… Continue reading BMW checks its first own plant in Russia