MG India has revealed the full-size Gloster SUV, based on the Chinese Maxus D90. It is officially the largest SUV to wear an MG badge and will take position as the brand’s range-topper in India when it goes on sale during Diwali this year. The large SUV will have immediate appeal for the ‘size-does-matter’… Continue reading MG Gloster SUV debuts at Auto Expo 2020
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Suzuki Motor to set up lithium ion battery recycling plant in India
Four months after it signed an MoU with the Gujarat government for setting up of a Rs 4930 crore lithium ion battery plant in Bacharaji, near Ahmedabad, the Suzuki Motor Corporation- (SMC) backed Automotive Electronics Power Pvt Ltd (AEPPL) is now also planning to set up a lithium ion battery recycling facility in the future. According to… Continue reading Suzuki Motor to set up lithium ion battery recycling plant in India
DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
SOUTHFIELD, Mich., Feb. 7, 2020 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced the opening of its Central Technical Training Center at its Maryville, Tennessee, facility. DENSO designed the state-of-the-art technical training center to educate its employees about the latest technologies and best practices in advanced manufacturing, a move that helps ensure… Continue reading DENSO Opens Central Technical Training Center in Maryville, Reaffirms commitment to Tennessee and Advanced Manufacturing
Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress
Swiss company Rinspeed has restently demonstrated new versions of the “Snap” and the “microSNAP”, vehicles whose chassis and bodies go their own ways. With the revolutionary separation of the two vehicle components, Rinspeed confronts the increasingly diverging life cycles of hardware and software. And by doing so, creates a sustainable foundation for the transport of… Continue reading Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress
Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
SOUTHFIELD, Mich., Feb. 6, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has authorized an increase in the Company’s share repurchase authorization to $1.5 billion and extended the authorization period to December 31, 2022. The Board also authorized the Company’s… Continue reading Lear Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Cash Dividend to $0.77 Per Share
Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
Nikola TRE Production is expected to start in the first quarter of 2021. Stuttgart The Iveco plant in Ulm has been awarded the Nikola TRE electric truck. The company announced that now. The Nikola TRE is a battery-electric heavy-duty truck, and at the same time the first step towards the planned fuel cell truck. Iveco… Continue reading Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
Auto parts supplier: Continental builds new plant in the USA
Continental logo The auto parts supplier Continental is increasing its investments in the business with assistance systems and plans to open another factory in the United States to build. In New Braunfels (Texas), work on a plant producing radar sensors is scheduled to start by the middle of this year. The start of production is… Continue reading Auto parts supplier: Continental builds new plant in the USA
NEI expands portfolio with needle bearings, confirms Rs 100 crore investment in manufacturing
National Engineering Industries (NEI), part of the CK Birla Group, today launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi. To be manufactured with the help of NTN Corporation’s licensed technology, this demand-driven product is used extensively by domestic and international two-wheeler and four-wheelers… Continue reading NEI expands portfolio with needle bearings, confirms Rs 100 crore investment in manufacturing
Uber can resume testing its self-driving cars in California
Sponsored Links ERIC BARADAT via Getty Images Uber started scaling back its self-driving car tests after one of its vehicles hit and killed a pedestrian in March of 2018. While the company doesn’t seem primed to unleash a fleet of autonomous cars, it has been granted a new permit to resume testing in California. San… Continue reading Uber can resume testing its self-driving cars in California
Fourth Quarter & Year End 2019 Results Conference Call
AURORA, Ontario, Feb. 05, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com 905-726-7035TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relationsnancy.hansford@magna.com 905-726-7108 Go to Source