AURORA, Ontario, Feb. 27, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold an Investor Day event. Magna management will present on the state of the company, how its product capabilities align with industry trends, and highlight the company’s growth… Continue reading Magna to Hold Investor Day
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Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
MADRID (Reuters) – A Spanish plant owned by Denso Corp and Fujitsu Ltd is prepared to halt some production of auto electronics components if necessary because of a shortage of parts from China due to the coronavirus outbreak. The factory in Malaga expects to suspend its first production line – which assembles car audio components… Continue reading Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
Robert Bosch Venture Capital backs the evolution of automated driving with investment in UISEE
About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital backs the evolution of automated driving with investment in UISEE
26 Feb 2020 GKN Automotive winter testing its latest modular eDrive technol…
GKN Automotive winter testing eDrive systems with its latest inverter and eMotor technologies Range of scalable eDrive units being developed for multiple platform and torque requirements, to meet increasing industry demand for electric vehicles 2020 sales for GKN Automotive electrified drivelines are on track to grow 141% over 2019 GKN Automotive eDrive production forecast to… Continue reading 26 Feb 2020 GKN Automotive winter testing its latest modular eDrive technol…
@Groupe PSA: Groupe PSA achieved a new profitability record in 2019
€74.7 billion Group revenue up 1% 8.5% Group adjusted operating margin[1] at €6.3 billion 8.5% Automotive division[2] adjusted operating margin up 0.9 pt at €5.0 billion Record net result Group share at €3.2 billion €3.3 billion Automotive division free cash flow PACE! plan target achieved with Opel Vauxhall 6.5% adjusted operating margin Carlos Tavares, Chairman… Continue reading @Groupe PSA: Groupe PSA achieved a new profitability record in 2019
Paving the Way to Powertrain Electrification
Magna is helping automakers prepare for a future that emphasizes electrificationMagna’s new e4 technology demonstrator car sets a new benchmark in EV efficiency, driving dynamics and rangeAffordable electromobility through scalable, modular drive systemsARJEPLOG, Sweden, Feb. 26, 2020 (GLOBE NEWSWIRE) — Magna’s roadmap to e-mobility includes technologies showcased in the all-new e4 technology demonstrator car, debuting… Continue reading Paving the Way to Powertrain Electrification
Hyundai to decide hydrogen fuel-cell system factory location this year: executive
FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Hyundai Motor Co (005380.KS) and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could… Continue reading Hyundai to decide hydrogen fuel-cell system factory location this year: executive
FogHorn Raises $25M in Series C Funding
FogHorn, a Sunnyvale, Calif.-based developer of intelligence edge computing software for industrial and commercial IoT application solutions, closed $25m in series C round of funding. The round – which brought total funding raised to date to $72.5m – was led by LS Corp., with participaiton from Forte Ventures and existing investors Dell Technologies Capital, Intel… Continue reading FogHorn Raises $25M in Series C Funding
@GM: Chevrolet Menlo Electric Vehicle Launched in China
Chevrolet Menlo Electric Vehicle Launched in China 2020-02-20 Has electric range of 410 kilometers Offers smooth, quiet and natural driving experience SHANGHAI – The Chevrolet Menlo sporty-looking sedan, the brand’s first fully electric vehicle in China, was launched today. Initially being offered in Beijing, the Chevrolet Menlo is available in four variants priced from RMB… Continue reading @GM: Chevrolet Menlo Electric Vehicle Launched in China
DENSO Adds New Part Numbers to Expand its Line of Ignition Coils
LONG BEACH, Calif., Feb. 25, 2020 /PRNewswire/ — DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has expanded its line of aftermarket ignition coils. DENSO now offers four new coil-on-plug (COP) part numbers that extend its coverage to 2012-2018 Honda and Acura models. “Ignition coils are designed and manufactured for… Continue reading DENSO Adds New Part Numbers to Expand its Line of Ignition Coils