Greenfield investment starts in third quarter 2018, production planned from third quarter 2020 Expansion of production footprint for the growing demand for automotive electronics Sensors and transmission control units will be produced in Debrecen 450 new jobs and investment in total of €100 million Debrecen (Hungary), 22. February 2018. The technology company Continental announced the… Continue reading Continental plans new Hungarian plant in Debrecen
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Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time
Rosslyn, South Africa. After 35 years, the last BMW 3 Series Sedan rolled off the production line today at BMW Group Plant Rosslyn in Pretoria. The plant has produced a total of 1,191,604 units and five generations of the BMW 3 Series. One in four BMW 3 Series Sedans of the current generation come from… Continue reading Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time
India: Tata said to be mulling sale of auto components unit
February 22, 2018 Tata group is planning to sell its automotive parts manufacturing company Tata AutoComp Systems Ltd (TACO), two people aware of the matter said. The group is currently in talks to hire an investment bank to manage the sale, the first of the two said on condition of anonymity. The sale process is… Continue reading India: Tata said to be mulling sale of auto components unit
Eliminating range anxiety: New services are making electromobility fit for everyday use
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2017 sales came to 47.4 billion euros, or 61 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free, emissions-free, and stress-free,… Continue reading Eliminating range anxiety: New services are making electromobility fit for everyday use
From vision to business: Connected driving is becoming a growth area
Presentation by Dr. Volkmar Denner,chairman of the board of management ofRobert Bosch GmbH,at the Bosch ConnectedWorld press briefingon February 21, 2018, in Berlin. Check against delivery. Ladies and gentlemen: Connectivity is the future, and the future of mobility in particular. By that I mean not just modernizing the road and rail networks, but connecting all… Continue reading From vision to business: Connected driving is becoming a growth area
Entering the ridesharing business
Berlin and Stuttgart, Germany – Bosch is entering the ridesharing business. The supplier of technology and services has acquired Splitting Fares Inc. (SPLT), a U.S. start-up based in Detroit. SPLT operates a platform that allows companies, universities, and municipal authorities to offer their workforces ridesharing services. The B2B approach is designed especially for commuters. SPLT… Continue reading Entering the ridesharing business
Raj Nair, Ford’s President of North America, Exits Company
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 solutions.… Continue reading Raj Nair, Ford’s President of North America, Exits Company
DENSO Leads Dellfer’s Initial Funding Round, Supporting Cybersecurity for Connected Vehicles
KARIYA, Japan, Feb. 21, 2018 /PRNewswire/ — DENSO, one of the world’s largest automotive suppliers, has announced a significant investment in Dellfer, an IoT and automotive cybersecurity startup company based in San Francisco, California. Dellfer is a young startup focusing on cybersecurity solutions against “zero day” attacks within connected networks such as deployed IoT devices, and in… Continue reading DENSO Leads Dellfer’s Initial Funding Round, Supporting Cybersecurity for Connected Vehicles
VW employees receive 4.3 percent more wages
The more than 120,000 employees in the West German VW plants get from May 4.3 percent more money. Those who look after children or have to look after dependents can hope for six days off each year. VW production in Wolfsburg Wednesday, 21.02.2018 11:27 clock More money, better pensions and greater safety for apprentices: In… Continue reading VW employees receive 4.3 percent more wages
VW subsidiary: union threatens Skoda with “unlimited strike”
Skoda Last year, the car manufacturer had delivered the record number of more than 1.2 million vehicles. (Photo: obs) In the collective bargaining at the VW-Daughter Skoda The Czech metalworkers’ union Kovo is threatened with an “unlimited strike”. The recent proposals from the employers’ side are like a “spit in the face,” said union representative… Continue reading VW subsidiary: union threatens Skoda with “unlimited strike”