Groupe PSA and Huawei Unveil Their First Connected Vehicle

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has built its Connected Vehicle Modular Platform (CVMP) for its connected vehicles, using Huawei’s OceanConnect IoT1platform. DS 7 CROSSBACK, launched this month in China, is the first vehicle to benefit from the CVMP. Customers can access new services such as connected navigation, natural language2 voice recognition and a… Continue reading Groupe PSA and Huawei Unveil Their First Connected Vehicle

Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe

PARIS, April 23, 2018 /PRNewswire/ — Dana Rexroth Transmission Systems today announced that the company is actively working with engine manufacturers in the off-highway industry to support European Stage V emissions regulations. Set by the European Union, these diesel engine standards further restrict emissions limits for non-road mobile machinery, including vehicles for construction, material handling, and… Continue reading Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe

Continental Supplies System Solutions for Smooth Goods Turnover

Booming online business: Continental products are an indispensable part of its logistics centers They range from conveyor belts and timing belts for automated storage and retrieval systems through to lines, power transmission technology and vibration dampers in forklift trucks Special solutions specifically tailored to the relevant requirements Hanover, April 23, 2018. The boom in the… Continue reading Continental Supplies System Solutions for Smooth Goods Turnover

Groupe PSA : COMMUNIQUE DE PRESSE

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory news: Carlos Tavares, Président du Directoire du Groupe PSA (Paris:UG), et Michael Lohscheller, PDG d’Opel, ont tenu aujourd’hui un échange avec les Ministres Allemands, Peter Altmaier, Ministre Fédéral de l’Économie et de l’Énergie, et Hubertus Heil, Ministre Fédéral du Travail et des Affaires Sociales. Le dialogue s’est avéré ouvert et constructif exprimant… Continue reading Groupe PSA : COMMUNIQUE DE PRESSE

Groupe PSA: Press Release

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Carlos Tavares, Chairman of Groupe PSA (Paris:UG) Managing Board, and Opel CEO Michael Lohscheller had today fruitful discussions with Peter Altmaier, German Federal Minister of Economic Affairs and Energy and Hubertus Heil, German Federal Minister of Labor and Social Affairs. The dialogue was open and constructive expressing shared desire to work… Continue reading Groupe PSA: Press Release

Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity

All articles and backgrounds 04/22/2018 Biting criticism of established car manufacturers Ex-Opel boss Neumann goes to car startup Evolozcity DPA Dominates the big stage: Karl-Thomas Neumann at the IAA 2013 with Chancellor Angela Merkel. There were many rumors about Karl-Thomas Neumann in recent months. Time should be the former boss of the automaker Opel take… Continue reading Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity

Honeywell Delivers Outstanding First-Quarter Results Driven By Strong Sales Performance Raises 2018 Guidance

• Reported Earnings per Share of $1.89, Up 11%; Excluding Separation Costs, EPS of $1.95, Up 14%• Reported Sales Up 9%; Organic Sales Up 5% Driven by Aerospace, Intelligrated, and Process Solutions• Operating Cash Flow of $1.1 Billion and Free Cash Flow1 (Excl. Separation Costs) of $1.0 Billion, Up 30%• Deployed Nearly $950 Million in Capital… Continue reading Honeywell Delivers Outstanding First-Quarter Results Driven By Strong Sales Performance Raises 2018 Guidance

Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’

SEOUL, April 20 (Yonhap) — The head of South Korea’s antitrust regulator said Friday that Hyundai Motor Group has taken a step in the right direction, citing its latest plan to streamline its complicated governance structure through business spinoffs and mergers. In a meeting with foreign correspondents in Seoul, Korea Fair Trade Commission Chairman Kim… Continue reading Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’

FIRST-QUARTER 2018 SALES

Strong sales growth of 9.3% at constant currencies, significantly outperforming automotive production in all regions. in €m Q1 2017* Q1 2018 At constant currencies Automotive production** Sales 4,203 4,315 +9.3% -0.3% By region Europe North America Asia South America Rest of the World   2,108 1,177 689 169 60   2,279 1,063 742 168 63… Continue reading FIRST-QUARTER 2018 SALES

Jaguar E-Pace

For an idea of the scale of ambition embodied in the new Jaguar E-Pace, consider that 80% of those who choose to buy one over, say, an Audi Q3 or BMW X1 will be new to Jaguar showrooms. ‘Conquest customers’, as they’re dispassionately known within the industry. That’s a mighty statistic even for a car… Continue reading Jaguar E-Pace