KARIYA (Japan) ― DENSO Corporation today announced that it has decided to increase its shareholding in Renesas Electronics Corporation to accelerate the development of various in-vehicle systems including automated driving systems that are becoming more advanced, complicated, and larger in scale than ever before. Renesas has cutting-edge technologies for semiconductors that serve as the key devices… Continue reading DENSO to Increase Its shareholding in Renesas Electronics Corporation
Tag: People
A production version of the world’s first ‘real’ flying car has been unveiled at a motor show in Geneva.
The £440,000 ($600,000) twin-engine ‘Pal-V’ craft looks like a hybrid between a motorbike and a helicopterA production version of the vehicle has been displayed for the first time ahead of initial batch shipping in 2019The first edition Pal-V Liberty will cost £437,000 ($599,000) and have a flying range of of 248 an 310 milesThe craft is… Continue reading A production version of the world’s first ‘real’ flying car has been unveiled at a motor show in Geneva.
News Release – Magna Launches New Composites Center of Excellence in Germany
Please click HERE for a PDF version of the release. Brings advanced composites and carbon fiber expertise to European market Develops lightweight structural and exterior components Enables joint development projects with European automakers SAILAUF, Germany, March 07, 2018 — Magna’s new Composites Center of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly… Continue reading News Release – Magna Launches New Composites Center of Excellence in Germany
Ensuring safety in autonomous cars
KITT, the Batmobile, that awesome Audi in I, Robot. People have been imagining self-driving cars for generations. One day, people will be able to effortlessly cruise around and fight crime, or maybe just take a nap – we’re not all action heroes – but what would it really take to have a level 5 autonomous… Continue reading Ensuring safety in autonomous cars
Citroën shows its priorities internationally
Linda Jackson, director of Citroën, took advantage of Geneva to present the brand’s battle plan to the rafters internationally. In the spotlight: Latin America, Eurasia and the Middle East in particular. Silence on the other hand on its first market outside Europe, China and Southeast Asia, battered in 2017. In 2017, Citroën achieved 26% of… Continue reading Citroën shows its priorities internationally
Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand
New state-of-the-art manufacturing facility for turbochargers in Rayong Meets increasing demand for turbocharging technologies in the growing Southeast Asian market 69,965-square-foot facility featuring clean-room environment is designed according to lean production principles Auburn Hills, Michigan, March 8, 2018 – With a traditional ceremony, BorgWarner celebrated the inauguration of its newest production plant in the Eastern… Continue reading Grand Opening: BorgWarner Inaugurates Latest Turbocharger Production Facility in Thailand
Volkswagen will pay a bonus of 4,100 euros to its German employees
Posted 08/03/2018 13: 56: 07CET WOLFSBURG (GERMANY), 8 Mar. (EUROPA PRESS) – The manufacturer Volkswagen will pay a bonus of 4,100 euros gross to its employees in Germany who are attached to the agreement of the company, according to a statement. The German manufacturer explained that this bonus is based on the two-year period as… Continue reading Volkswagen will pay a bonus of 4,100 euros to its German employees
BMW Group reports eighth successive record year despite high upfront expenditure
Munich. The BMW Group once again demonstrated its ability to generate sustained profitability in 2017, posting its eighth successive record year. Despite a significant increase in upfront expenditure for future mobility the company reported its best ever figures to date for sales volume, revenues and earnings. In addition, the BMW Group delivered more than 100,000… Continue reading BMW Group reports eighth successive record year despite high upfront expenditure
C_Two: The second electric supercar from Rimac
Electric supercar Rimac Concept Two: no car for the Sunday excursion (Image: Dirk Kunde) Geneva Motor Show The Croatian sports car manufacturer Rimac presents its electric Concept Two in Geneva. The two-seated electric car It reaches 412 km / h and up to 650 km range. From Dirk customer It’s just a small detail, but… Continue reading C_Two: The second electric supercar from Rimac
Navistar Reports First Quarter 2018 Results
LISLE, Ill., March 8, 2018 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today announced a first quarter 2018 net loss of $73 million, or $0.74 per diluted share, compared to a first quarter 2017 net loss of $62 million, or $0.76 per diluted share. First quarter 2018 results included $46 million of charges as a result… Continue reading Navistar Reports First Quarter 2018 Results