Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017
Tag: Tier 1 Suppliers
Chrysler Loses Bid to Dismiss Diesel Emission Cheating Claims
Fiat Chrysler Automobile NV’s U.S. unit was denied a quick escape from a lawsuit accusing the carmaker of rigging diesel engines with emissions control defeat devices similar to those installed in 11 million Volkswagens. A federal judge in San Francisco ruled Thursday that owners of 150,000 Dodge Ram and Jeep Grand Cherokee models across eight… Continue reading Chrysler Loses Bid to Dismiss Diesel Emission Cheating Claims
Case alleging Fiat Chrysler cheated on emissions tests can proceed
Buy Photo A case alleging Fiat Chrysler cheated on emissions tests is allowed to proceed in California. (Photo: Eric Seals, Detroit Free Press)Buy Photo A federal judge in California will allow litigation to proceed against Fiat Chrysler Automobiles and auto supplier Bosch related to alleged diesel emissions cheating. Judge Edward Chen of the U.S. District… Continue reading Case alleging Fiat Chrysler cheated on emissions tests can proceed
FAURECIA BOOSTS ITS EXPERTISE IN ENERGY RECOVERY TECHNOLOGY WITH INVESTMENT IN ENOGIA
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Lyft is testing a Netflix-style monthly subscription plan
Lyft is testing monthly subscription plans for high-frequency users, a sign that the company is shifting toward a Netflix or Spotify model for transportation. The terms of the subscription models seem to vary, but appear targeted at users who spend up to $450 on ride-hailing a month. One all-access pass offered up to 30 standard… Continue reading Lyft is testing a Netflix-style monthly subscription plan
Schaeffler Opens Silicon Valley Office
SAN JOSE, Calif., March 15, 2018 /PRNewswire/ — Global automotive and industrial supplier, Schaeffler, today announced the opening of a new Silicon Valley location. The facility, located at 1735 Technology Drive, Ste. 175, in San Jose, Calif., establishes Schaeffler’s foothold in this leading tech region. Philip George, director, region innovation for Schaeffer, will lead the new… Continue reading Schaeffler Opens Silicon Valley Office
Lyft Partners with Magna to Scale Self-Driving Technology
Today, we’re excited to announce a first-of-its-kind partnership with Magna, the largest North American Tier 1 automotive technology and manufacturing supplier, to jointly fund, develop, and manufacture our self-driving system. In addition to co-funding the partnership, Magna will also invest $200 million in Lyft. This partnership enables our Level 5 team to accelerate the introduction… Continue reading Lyft Partners with Magna to Scale Self-Driving Technology
ZF Develops Auto Industry’s Lightest Knee Airbag Module
ZF will launch an industry-first fabric housing knee airbag in 2019 for a major European vehicle manufacturer. The new airbag, which utilizes a fabric housing, will be up to 30 percent lighter than a traditional metal housing knee airbag, and will help improve occupant protection in a crash. “The new ZF fabric housing knee airbag… Continue reading ZF Develops Auto Industry’s Lightest Knee Airbag Module
Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale
Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale
Auto parts maker Magna invests $200 million in Lyft
(Reuters) – Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars. FILE PHOTO – An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren The news… Continue reading Auto parts maker Magna invests $200 million in Lyft