A year ago the giant of the retail distribution of the United States announced that it was entering a completely new part for them in terms of commercialization, that of the sale of vehicles. Until now, it offered this possibility in 25 of its establishments, but now it publishes that it will extend the initiative… Continue reading Walmart will sell cars in 250 of its stores
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Auto parts supplier: ZF Friedrichshafen pumps billions into development
ZF Friedrichshafen ZF, which belongs to the Zeppelin Foundation of the city of Friedrichshafen, is planning two new plants for the production of parts for electric drives. (Photo: AP) The auto supplier ZF Under his new boss, Wolf-Henning Scheider, Friedrichshafen does not want to let up in the race for new products for electric and… Continue reading Auto parts supplier: ZF Friedrichshafen pumps billions into development
ZF Supervisory Board Starts New Term of Office
The three new members appointed to ZF’s Supervisory Board are: Dr. Gisela Lanza, who holds a Professorship for Production System and Quality Management at the Karlsruhe Institute für Technology (KIT); Axel Strotbek, who was Chief Financial Officer at Audi AG until September 2017; Dr. Mohsen Sohi, Chief Executive Officer of Freudenberg SE, the Technology Group.… Continue reading ZF Supervisory Board Starts New Term of Office
Dana Selected as Driveline Supplier for All-New Chevrolet Silverado Class 4, 5, and 6 Chassis Cab Trucks
MAUMEE, Ohio, March 22, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that it has been selected as the driveline supplier for the all-new Chevrolet Silverado 4500HD, 5500HD, and 6500HD chassis cab trucks. The conventional-cab trucks will be available in both two-wheel-drive and four-wheel-drive configurations and will feature Spicer® S-Series drive axles, Spicer D-Series steer axles,… Continue reading Dana Selected as Driveline Supplier for All-New Chevrolet Silverado Class 4, 5, and 6 Chassis Cab Trucks
ZF posts record sales in 2017; announces increased research and development activities
“The world of mobility is spinning at high speed,” said Scheider. “We plan to provide our customers with pioneering solutions in all fields under our motto ‘See – Think – Act’, which is why we will further increase our research and development spending.” In 2017, ZF spent €2.2 billion on research and development, an increase… Continue reading ZF posts record sales in 2017; announces increased research and development activities
Leaders for Veoneer and Autoliv announced ahead of planned spin-off
Thu, Mar 22, 2018 08:30 CET (Stockholm, Sweden, March 22, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces leaders for Veoneer, Inc. and Autoliv, Inc. ahead of the planned spin-off of Autoliv’s Electronics business, expected to be completed in the third quarter 2018. Jan Carlson will be… Continue reading Leaders for Veoneer and Autoliv announced ahead of planned spin-off
Faraday Future starts construction at its California factory while paying back some debts
Struggling EV startup Faraday Future has started demolition and construction at its Hanford, California factory and is gearing up to start production of its luxury electric SUV, according to a new video being published today. It’s one of the clearest (and only) public signs the company has given in recent months about where it stands… Continue reading Faraday Future starts construction at its California factory while paying back some debts
Ford Announces Marketing Personnel Change
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 Ford Announces Marketing Personnel Change
UPDATE 3-Tesla shareholders approve CEO Musk’s $2.6 bln compensation plan
SAN FRANCISCO/BOSTON (Reuters) – Tesla Inc shareholders approved a compensation package potentially worth $2.6 billion for Chief Executive Elon Musk on Wednesday in a test of their confidence in the leader of the electric car company. Elon Musk speaks at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the… Continue reading UPDATE 3-Tesla shareholders approve CEO Musk’s $2.6 bln compensation plan
BMW headquarters raided in emissions cheat software hunt
German authorities have raided BMW’s Munich headquarters and its engine plant in Austria to search for evidence of the use of emissions cheat software. A month after the opening of an investigation into the suspected fraud, around 100 law enforcers have raided two of the manufacturer’s largest locations – 4500 employees at the engine plant… Continue reading BMW headquarters raided in emissions cheat software hunt