Tag: Tier 1 Suppliers

New Radar Sensor from Continental Enables Powerful Motorcycle Emergency Brake Assist

“ Next step to increase safety on the road: Continental presents new advanced rider assistance systems for two-wheelers The rider remains in control: emergency brake assist shortens response time and helps riders by carefully measured braking intervention Precise analysis: fifth-generation radar with enhanced object detection High flexibility: solutions tailor-made by means of a modular structure… Continue reading New Radar Sensor from Continental Enables Powerful Motorcycle Emergency Brake Assist

Continental Invests in New Equipment and Facility Upgrades in Winchester, Virginia

“ Investment of $10.3 million for building expansion and new equipment Additional manufacturing jobs created and product offerings to the U.S. market  Winchester, Va. November 5, 2018. Technology company Continental invested $10,3 million in new equipment and facility upgrades to produce high end synthetic leather materials in Winchester, Virginia, which are used in transportation, recreation… Continue reading Continental Invests in New Equipment and Facility Upgrades in Winchester, Virginia

Liberty House to acquire three more European steel plants from ArcelorMittal

November 4, 2018 Liberty House Group, a UK-based company owned by India-born British businessman Sanjeev Gupta, has signed an agreement to acquire three more steel plants in Europe from global steel giant ArcelorMittal. Under the agreement, Liberty House intends to buy the Flemalle and Tilleur sites near Liege, Belgium and the Dudelange, Luxembourg facility, according to an… Continue reading Liberty House to acquire three more European steel plants from ArcelorMittal

Continental Significantly Expands Its Worldwide Anti-Vibration Technology Business

“ Agreement reached on acquisition of anti-vibration systems business of Cooper Standard A new global player for anti-vibration, noise reduction and lightweight technology will be formed Board member Duensing: “Dieting for cars: Less weight reduces fuel consumption and extends range of vehicles.” Vibration control technology and noise isolation are key to making future mobility safe… Continue reading Continental Significantly Expands Its Worldwide Anti-Vibration Technology Business

DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously… Continue reading DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

Continental Sees a Need for Amendments to the Draft Training Opportunities Act

“ Continental welcomes progress on the Training Opportunities Act, but recognizes the need for amendments to key points Focused training ensures Germany’s competitiveness as a business location Dr. Ariane Reinhart, Executive Board member for Human Relations: “Training needs to take place predominantly in-company and should also receive funding there” Representative Continental survey: Employees consider training… Continue reading Continental Sees a Need for Amendments to the Draft Training Opportunities Act

Plant opens for electric air conditioning compressors: MAHLE strengthens its systems competence in electric vehicles

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Plant opens for electric air conditioning compressors: MAHLE strengthens its systems competence in electric vehiclesStuttgart, October 31, 2018 – MAHLE has opened its first production plant for electric compressors. MAHLE will manufacture e-compressors for international automobile manufacturers at the production location in Balassagyarmat/Hungary and has already obtained several customer projects. Series production will start in 2019.
Presse releaseDownload [PDF; 43 KB] First MAHLE production line for e-compressorsElectric compressors remove the link between air conditioning systems and combustion enginesSeveral customer projects have already been wonCompressors are the heart of air conditioning systems—and the e-compressor will remove the link between air conditioning systems and combustion engines. Its role in the air conditioning of electric vehicles is therefore critical. “Electric compressors are of major strategic importance to MAHLE, because they enable us to build on our position as a complete systems provider in the field of air conditioning for electric vehicles too,” explains Dr. Jörg Stratmann, Chairman of the Management Board and CEO of the MAHLE Group. MAHLE also develops and produces the necessary electric drives as well as electronics and software.
The plant in Balassagyarmat will be particularly important when it comes to production rollout. “This location will help to further strengthen our existing market position,” adds Bernd Eckl, Member of the Management Board of the MAHLE Group and responsible for the Thermal Management business unit. At the same time, the opening of the production plant is a green light for the additional e-compressor production locations that will follow.
With the consistent implementation of its dual strategy—the further optimization of the internal combustion engine on the one hand and the simultaneous development of solutions for the widespread adoption of e-mobility on the other—MAHLE is instrumental in shaping the future of mobility as a key player in the automotive industry.
About MAHLEMAHLE is a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future. The MAHLE Group is committed to making transportation more efficient, more environmentally friendly, and more comfortable by continuously optimizing the combustion engine, driving forward the use of alternative fuels, and laying the foundation for the worldwide introduction of e-mobility. The group’s product portfolio addresses all the crucial issues relating to the powertrain and air conditioning technology—both for drives with combustion engines and for e-mobility. MAHLE products are fitted in at least every second vehicle worldwide. Components and systems from MAHLE are also used off the road—in stationary applications, for mobile machinery, rail transport, as well as marine applications.
In 2017, the group generated sales of approximately EUR 12.8 billion with about 78,000 employees and is represented in more than 30 countries with 170 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, around 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact:MAHLE GmbH
Margarete Dinger
Corporate Communications/Public Relations
Pragstraße 26–46
70376 Stuttgart/Germany
Phone: +49 711 501-12369
margarete.dinger@mahle.com

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