Tag: Tier 1 Suppliers

Historic Results of Groupe PSA In 2017: Revenue, Volume of Sales, Recurring Operating Income and Net Result Group Share at a Record Level

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News : Groupe PSA (Paris:UG) :  Carlos Tavares, Chairman of Groupe PSA Managing Board said: « Peugeot Citroën DS outstanding results, making significant progress for the 4th year in a row, are the proof of our ability to deliver a profitable and sustainable growth. Our agile, customer focused and socially responsible approach is making… Continue reading Historic Results of Groupe PSA In 2017: Revenue, Volume of Sales, Recurring Operating Income and Net Result Group Share at a Record Level

28 Feb 2018 Driveline GKN Driveline begins testing revolutionary ‘All Twinster’ plug-in hybrid SUV

Re-engineered ‘technology demonstrator’ SUV features GKN’s unique Twinster torque vectoring on all four wheels Modified Mercedes-AMG GLA 45 has mechanical Twinster on front axle and eTwinsterX at the rear Demonstrator showcases the company’s leadership in eDrive, All-Wheel Drive and systems integration Plug-in hybrid has ‘sailing’ capability to lower CO2 emissions and also features a pure… Continue reading 28 Feb 2018
Driveline

GKN Driveline begins testing revolutionary ‘All Twinster’ plug-in hybrid SUV

Bosch’s electromobility strategy at a glance

Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2017 sales came to 47.4 billion euros, or 61 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free, emissions-free, and stress-free,… Continue reading Bosch’s electromobility strategy at a glance

The go-to partner for electric driving: Bosch’s electromobility strategy

The go-to partner for electric driving: Bosch’s electromobility strategy Statement by Dr. Rolf Bulander,member of the board of management of Robert Bosch GmbH and chairman of the Mobility Solutions business sector,February 28, 2018 Check against delivery. Ladies and gentlemen, I would like to start by taking a look into the not-too-distant future, and the year… Continue reading The go-to partner for electric driving: Bosch’s electromobility strategy

FCA to review potential Magneti Marelli spinoff in second quarter

DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) said on Wednesday that in the second quarter the automaker would review the possible spinoff of its Magneti Marelli unit. Last month FCA Chief Executive Officer Sergio Marchionne said he had recommended to the company’s board that the automaker spin off the maker of components for… Continue reading FCA to review potential Magneti Marelli spinoff in second quarter

Magna to showcase expertise in complete vehicle manufacturing at Geneva Motor Show

Magna is to showcase its expertise in complete vehicle manufacturing at the upcoming Geneva Motor Show (Hall 6, Booth 6261). Magna is the only automotive contract manufacturer worldwide to produce vehicles with conventional, hybrid and electric powertrains – in some cases, all on the same production line. According to Günther Apfalter, president, Magna Europe &… Continue reading Magna to showcase expertise in complete vehicle manufacturing at Geneva Motor Show

Continental teases predictive connectivity manager concept for vehicles

Continental has developed a Predictive Connectivity Manager that “looks” into the future to determine network availability and reception quality along the route so that it can then take appropriate action. The project is an evolution of the Smart Telematics solution that Continental developed together with Carnegie Technologies. With Smart Telematics, it is already possible to… Continue reading Continental teases predictive connectivity manager concept for vehicles

News Release – Magna to Hold Investor Day

Please click HERE for a PDF version of the release. AURORA, Ontario, Feb. 27, 2018 (GLOBE NEWSWIRE) — On Wednesday, February 28, 2018, Magna International Inc. (TSX:MG) (NYSE:MGA), a technology company and global leader in the automotive industry, will hold an Investor Day event.  Magna management will present on the state of the company, how… Continue reading News Release – Magna to Hold Investor Day

MAGNA BECOMES BIGGEST SUPPLIER OF MANUAL TRANSMISSIONS FOR LIGHT COMMERCIAL VEHICLES IN EUROPE

,” 3,500 square meters expansion accommodates new Light Commercial Vehicle (LCV) business The new facility to produce additional 150,000 transmissions per year, This makes Magna the largest supplier in Europe of manual transmission for the LCV segment Growth is a testament to expertise in transmissions