Tag: Tier 1 Suppliers

Faraday Future promised $1.5 billion, says FF 91 will arrive by end of this year

Follow John Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior. The new investor is reportedly… Continue reading Faraday Future promised $1.5 billion, says FF 91 will arrive by end of this year

DENSO Takes a Stake in CREATIONLINE to Strengthen Connectivity Business

Feb. 14, 2018 News Releases KARIYA (Japan) ― DENSO Corporation today announced that it has taken an equity stake in CREATIONLINE, Inc., which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as… Continue reading DENSO Takes a Stake in CREATIONLINE to Strengthen Connectivity Business

The strike at Bridgestone after a pre-agreement that reflects a salary increase of the real CPI

Posted 2/14/2018 2:16:25 PM Must be approved tomorrow SANTANDER, 14 Feb. (EUROPA PRESS) – The unions UGT and BUB in Bridgestone have called off the strike for a week (13 to 19 February) that yesterday paralyzed the production of the San Miguel Bridge factory (Cantabria) after reaching a pre-agreement last night with the company that… Continue reading The strike at Bridgestone after a pre-agreement that reflects a salary increase of the real CPI

Gestamp acquires a plant in Brazil to supply Toyota

2.13.2018 Gestamp, the Spanish multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has announced the acquisition of a plant in the city of Sorocaba, in the state of São Paulo (Brazil). Gestamp has signed the acquisition of a plant from the local group Scorpios Indústria… Continue reading Gestamp acquires a plant in Brazil to supply Toyota

Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

All articles and backgrounds 02/13/2018 Tire manufacturer buys a fifth Michelin goes into workshop chain ATU DPA Already in French hands: Now there is next to the French Mobivia with the tire manufacturer Michelin a second French shareholder of the workshop chain ATU The French tire manufacturer Michelin Show stock market chart has invested one… Continue reading Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

Faurecia Clean Mobility Renames R&D Center in Columbus

COLUMBUS, Ind., Feb. 12, 2018 /PRNewswire/ — Faurecia Clean Mobility (FCM) has changed the name of its Columbus Tech Center to Clean Mobility Crossroads. This rebranding is a continuation of Faurecia’s focus on Smart Life On Board and Sustainable Mobility. The new name was unveiled during a celebration event held both in Columbus, Indiana, and live… Continue reading Faurecia Clean Mobility Renames R&D Center in Columbus

How VW Paid $25 Billion for ‘Dieselgate’—and Got Off Easy

On Dec. 6, former Volkswagen engineer Oliver Schmidt was led into a federal courtroom in Detroit in handcuffs and leg irons. He was wearing a blood-red jumpsuit, his head shaved, as it always is, and his deep-set eyes seemed to ask, “how did I get here?” As Schmidt’s wife tried to suppress tears in a… Continue reading How VW Paid $25 Billion for ‘Dieselgate’—and Got Off Easy

Autonomous cars: tests on open road are multiplying in France

In recent days, some users of the A13 were overtaken by a strange vehicle: a futuristic “look” never seen, but above all, a driver sprawled in his seat, sometimes even wearing a virtual reality helmet! No need to panic, however. This is a autonomous vehicle test carried out by Renault with its Symbioz Demo car… Continue reading Autonomous cars: tests on open road are multiplying in France