Tag: Tier 1 Suppliers

Rivian R1T Is A Real Electric Pickup Truck, But Atlis XT Is Not – InsideEVs

When something looks way too good to be true, it usually is. Rivian made an impressive debut of its R1t pickup truck at the 2018 L.A. Show in November. The response to the introduction of a legit 400-mile all-electric pickup was overwhelming. So perhaps it’s not surprising to see the blogosphere go gaga again when… Continue reading Rivian R1T Is A Real Electric Pickup Truck, But Atlis XT Is Not – InsideEVs

Car: Ford wants to electrify every vehicle line in Europe

Ford Europe “Reset” has introduced a new strategy to increase profitability and secure the future of the automaker. From all vehicles in all divisions and electrical versions are offered and low-margin vehicle types are set. That costs many jobs. January 14, 2019, 9:30 am, Andreas Donath Ford Europe restructures. (Picture: Pexels /CC0 1.0) In addition… Continue reading Car: Ford wants to electrify every vehicle line in Europe

Auto parts supplier: “The party is over” – Continental management expects falling margins

Continental AG Automotive supplier Continental expects shrinking margins. (Photo: AP) DüsseldorfWith extreme caution, the auto parts supplier Continental into the just started year. Because of the worldwide Slowdown in car sales The Hanover-based company now calculates a further decline in operating return on sales (EBIT margin, adjusted). In 2019, the yield is expected to be… Continue reading Auto parts supplier: “The party is over” – Continental management expects falling margins

Outlook on Sales and Adjusted-EBIT Margin for Fiscal 2019

Continental AG has decided to publish its expectations for business development in a fiscal year in terms of ranges, in accordance with industry custom. The increasingly volatile market conditions and profound technological changes in the automotive industry make it ever more difficult to precisely forecast the business development over a one-year period. Based on current… Continue reading Outlook on Sales and Adjusted-EBIT Margin for Fiscal 2019

Continental Achieves Annual Targets

Stable operating performance in fourth quarter as expected Annual sales rise to around €44.4 billion (organic growth at about 3 percent) Adjusted EBIT for the year: around €4.1 billion (margin at about 9.2 percent) Free cash flow was higher than expected at about €1.8 billion 2019 outlook: Consolidated sales of about €45 to €47 billion at… Continue reading Continental Achieves Annual Targets

Auto parts supplier: Continental expects falling margins

Continental AG Automotive supplier Continental expects shrinking margins. (Photo: AP) MunichThe auto supplier Continental is preparing for increased pressure on its margins in the new year. The company from Hanover expects only an adjusted return on earnings before interest and taxes (EBIT margin) of between eight and nine percent for 2019, such as Conti announced… Continue reading Auto parts supplier: Continental expects falling margins

Food deliveries: Meituan with Nvidia, Valeo and Icona

The Chinese company Meituan wants to automate its food deliveries and relies on industry sizes. Delivering foods with autonomous vehicles is becoming increasingly strong trend, Now there is another player in this market that operates in China: Meituan. The Chinese company cooperates with the companies for this Nvidia, Valeo and Icona, as seen on the… Continue reading Food deliveries: Meituan with Nvidia, Valeo and Icona

Great Wall Motors is thinking about using Mobileye solutions

The Chinese manufacturer Great Wall Motors is considering equipping vehicles up to Level 2 with the technology of Mobileye. Great Wall Motors from China is considering cooperation with the Intel belonging company Mobileye. Mobileye Introduces Technologies for Autonomous Driving. Mobileye technology in buses. Source: Intel Their technology is intended for vehicles up to Level 2… Continue reading Great Wall Motors is thinking about using Mobileye solutions

BYTON Unveils a Closer Look at the M-Byte SUV Production Model at 2019 CES Las Vegas – PRNewswire

“BYTON’s M-Byte represents the transformation of the traditional car into a next-generation smart device for every user,” said Dr. Carsten Breitfeld, CEO and Co-founder of BYTON. “We achieve this through the combination our state-of-the-art EV platform and our proprietary BYTON Life digital ecosystem.” A Digital Cockpit That Improves The Driver ExperienceBYTON’s Shared Experience Display (SED)… Continue reading BYTON Unveils a Closer Look at the M-Byte SUV Production Model at 2019 CES Las Vegas – PRNewswire