(Reuters) – U.S. auto parts makers BorgWarner Inc (BWA.N) said on Friday it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges. BorgWarner, which makes turbochargers and all-wheel drive systems for vehicles, has been named in a number of lawsuits in the past, alleging injuries related… Continue reading UPDATE 1-BorgWarner to restate certain financial statements
Tag: Tier 1 Suppliers
Who is it after Stadler?
2006 The VW board decides to conquer the American market with the “Clean Diesel”. Autumn 2006 Engineers are pushing their limits when trying to tune the two-liter engine to meet stringent US emissions regulations. The colleagues from the software department should help. An internal dispute ensues because it is clear to all involved that it… Continue reading Who is it after Stadler?
ZF reveals new fully active chassis system
ZF says its sMotion tech enables cars to actively raise and lower each wheel, virtually eliminating the impact of even major road unevenness on the occupants. ZF has revealed its new fully active chassis system, sMotion, which reduces inconvenient car body movements caused by potholes, bumps or curves. The advantages of highly automated and autonomous… Continue reading ZF reveals new fully active chassis system
News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
Please click HERE for a PDF version of the release. One of the auto industry’s first 48-volt mild-hybrid transfer cases Achieves up to 10% CO2 savings compared to a two-wheel drive system Can be easily integrated into existing drivetrains SAILAUF, Germany, June 14, 2018 — Magna is on the fast track to vehicle electrification. With… Continue reading News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
sMOTION, ZF’s Fully Active Chassis System, Frees Vehicle Occupants
“When it comes to the development of highly automated and autonomous driving, the chassis plays a key role,” says Dr. Holger Klein, head of the Car Chassis Technology Division at ZF. “Because by the time the autopilot takes over the wheel, all passengers want to be completely relaxed and unaware of the vehicle’s movement, regardless… Continue reading sMOTION, ZF’s Fully Active Chassis System, Frees Vehicle Occupants
BorgWarner Opens New State-of-the-Art Technical Center in Indiana to Support Growing Hybrid and Electric Product Portfolio
New state-of-the-art facility and high-tech lab in Noblesville, Indiana, enables the expansion of the company’s hybrid and electric product portfolio through enhanced testing and prototype build capabilities BorgWarner’s new facility consolidates two existing Indiana facilities in one modern, centralized location New facility features creative, flexible work spaces, an open and airy work environment, and health… Continue reading BorgWarner Opens New State-of-the-Art Technical Center in Indiana to Support Growing Hybrid and Electric Product Portfolio
Honeywell Announces Garrett as Company Name for Transportation Systems Business After Spin-Off
MORRIS PLAINS, N.J., June 14, 2018 /PRNewswire/ — Honeywell (NYSE: HON) today announced that its Transportation Systems business will rebrand itself “Garrett – Advancing Motion” upon successful completion of the previously announced spin which is expected to close before the end of the third quarter. The Garrett name ties back to Honeywell’s turbo origins in the… Continue reading Honeywell Announces Garrett as Company Name for Transportation Systems Business After Spin-Off
Analysis: Ford India MD’s four-pronged growth strategy for suppliers
Ford India’s vision of becoming the most trusted automotive and mobility solutions company has a four-pronged growth strategy. Here’s how Anurag Mehrotra, president and MD, Ford India, underlines the importance of suppliers. Excerpts from his speech at the ACMA Value Chain Summit held last month in Gandhinagar, Gujarat. Strong brand: Quality is among the top three reasons… Continue reading Analysis: Ford India MD’s four-pronged growth strategy for suppliers
Transport Minister Scheuer is to testify in VW process
The regional court in Stuttgart makes shareholders of VW and Porsche hope for damages – they could have been deceived earlier. In the procedure also Minister of Transport Scheuer is to be loaded as a witness. Andreas Scheuer (CSU) Thursday, 07.06.2018 18:02 clock Volkswagen and Porsche shareholders achieved a stage win in the diesel affair.… Continue reading Transport Minister Scheuer is to testify in VW process
Magna & May Mobility
The company Magna partner with May Mobility for autonomous shuttles. The supplier Magna cooperates with the startup May Mobility for the production of autonomous e-shuttles, as they are currently mainly from the two French manufacturers Navya and EasyMile to be produced. 2018_May_Mobility_Magna-2 The development one wants in Detroit where the Canadian company Magna has a… Continue reading Magna & May Mobility