Roland Berger Quarterly Index Automated Vehicles 4/2017

Every three months, Roland Berger’s quarterly index on autonomous driving appears. The reports analyze the market and put it in a country-specific comparison. In the last years especially dominated Germany, the USA and increasingly Japan, Assistance systems & sensors at Continental. Source: Conti For the past quarter Roland Berger reports above all the rise of… Continue reading Roland Berger Quarterly Index Automated Vehicles 4/2017

Bosch technology enables redundancy needed for automated driving

DETROIT – Without redundancy, there is no automated driving. The promise of automated driving requires a mix of technological, societal and regulatory development and cooperation. The technology continues to advance thanks to sensors and software, but also thanks to redundancy. In order to realize fully-automated driving on the path to the accident-free future, redundancy in… Continue reading Bosch technology enables redundancy needed for automated driving

China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars

Chinese automaker Chery will be building cars with Level 3 autonomous features powered by supplier ZF’s ProAI platform, which itself uses Nvidia GPUs for its driving intelligence. The partnership was announced at the North American International Auto Show today in Detroit, and follows announcements from CES where Nvidia announced further collaboration with ZF and with… Continue reading China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars

Schaeffler reports strong growth in 4th quarter 2017

HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017

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

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

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

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

Magna Announces Outlook

Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /PRNewswire/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020.  Don Walker, Magna’s Chief Executive Officer (CNW Group/Magna International Inc.) Vince Galifi, Magna’s Chief Financial… Continue reading 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