Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017
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Flat fare? Dodgy meter blocks rollout of London’s electric cabs
Automotive industry Flat fare? Dodgy meter blocks rollout of London’s electric cabs Zero-emission TX eCity cab can’t ply for hire until problem is sorted … and don’t get cabbies started on the lack of charging points Be lucky? Not likely. LEVC’s TX4 eCity has an iffy meter which makes trade as flat as January, the… Continue reading Flat fare? Dodgy meter blocks rollout of London’s electric cabs
ZF Enables Autonomous Driving for Everyone
ZF is proactive in establishing collaboration with automotive OEMs in China such as Chery by providing the supercomputer ZF ProAI. ZF’s artificial intelligence (AI) controller enables automated driving functions up to level 3 for this collaboration. Drivers will receive support in relief from driving tasks while all traffic participants will benefit from systems designed to… Continue reading ZF Enables Autonomous Driving for Everyone
Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes
Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. “At Menlo Ventures, our investment team supports entrepreneurs who are on a mission to change the world—including, how consumers move through it,” Menlo Ventures Managing… Continue reading Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes
Delphi Technologies invests in innovative capacitor start-up
LONDON, Jan. 16, 2018 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a global leader in vehicle propulsion, today announced an investment in PolyCharge America, Inc. (www.polycharge.com), a start-up established to commercialize a new capacitor technology. This technology helps to make high-power inverters smaller, lighter and more tolerant to high temperatures. (PRNewsfoto/Delphi Technologies)… The minority equity… Continue reading Delphi Technologies invests in innovative capacitor start-up
Adient unveils lightweight solutions for seat structures
DETROIT, Jan. 16, 2018 /PRNewswire/ — The search for new lightweight solutions is one of the most important drivers in the automotive industry. At the North American International Auto Show (NAIAS), Adient, the world’s leading automotive seating supplier, is showcasing technologies that use alternative materials and composites to reduce vehicle weight without compromising passenger comfort or… Continue reading Adient unveils lightweight solutions for seat structures
Press Release – Magna Announces Outlook
Please click HERE for a PDF version of the release. Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /CNW/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020. “The pace of change in… Continue reading Press Release – Magna Announces Outlook
Visteon Announces New $500 Million Share Repurchase Authorization
VAN BUREN TOWNSHIP, Mich., Jan. 16, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized an additional share repurchase program of up to $500 million of common stock to be executed through 2020, reflecting the company’s strong balance sheet and free cash flow generation. Visteon expects to fund… Continue reading Visteon Announces New $500 Million Share Repurchase Authorization
Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU
Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU
Jobs, salaries: PSA provides a strict plan for 2018
Do not reproduce the same mistakes. While PSA accounts are shiny again , the car manufacturer does not want to break with the “Malthusianism” practiced for three years. PSA has passed a little more 3.6 million cars in 2017. But “he had an unsuitable structure, thought to sell four million vehicles a year. Our ambition… Continue reading Jobs, salaries: PSA provides a strict plan for 2018