1.25.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, reinforces its presence in China by signing a strategic Joint Venture (JV) Agreement. Gestamp has signed a JV Agreement with Beijing Hainachuan Automotive Parts Co. Ltd. (BHAP), a Chinese company specialized in auto components,… Continue reading Gestamp signs a Joint Venture agreement with BHAP (BAIC Group) in China
Tag: Tier 1 Suppliers
ZF Friedrichshafen picks Mahle CEO as new chief
Scheider is currently the CEO of auto parts supplier Mahle. Automotive supplier ZF Friedrichshafen has picked Wolf-Henning Scheider as its new chief executive, online publication manager-magazin.de reported on Thursday, citing no sources. Scheider will replace Stefan Sommer, who stepped down with immediate effect last month, the online outlet of monthly said. Scheider is currently the… Continue reading ZF Friedrichshafen picks Mahle CEO as new chief
Hyundai Mobis 2017 net plunges 48 pct on strong won
SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won
Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen
Wolf-Henning Scheider At Mahle, Scheider pushed ahead with the transformation towards electromobility. His expertise is needed at ZF Friedrichshafen. (Photo: AP) Mahle boss Wolf-Henning Scheider (55) is the favorite on the vacant executive chair at ZF Friedrichshafen. An official confirmation of the company does not exist yet. According to information from industry circles Scheider but… Continue reading Auto parts supplier: Scheider to become new boss at ZF Friedrichshafen
Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors
All articles and backgrounds 01/25/2018 Wolf-Henning Scheider to lead auto parts supplier ZF Friedrichshafen recruits new boss from competitors Mahle Leads to one of the largest automotive suppliers in the world: Wolf-Henning Scheider. The automotive supplier ZF Friedrichshafen, which was shaken by power struggles recently, has found a new CEO. According to information from manager-magazin.de… Continue reading Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors
Gestamp agrees with BHAP to form a joint venture in China
Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China
Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
BEIJING–(BUSINESS WIRE)–Regulatory News: Groupe PSA’s (Paris:UG) financing subsidiary in China (DPCAFC) has been offering an innovative O2O solution (online to offline, and offline to online) since 21 December. It allows customers to obtain a loan in just a few minutes using their smartphone, giving dealers the freedom to focus on meeting customer needs. The DONGFENG… Continue reading Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
Bosch, Vodafone, and Huawei test cellular-V2X on European road
German-technology major Bosch together with telecom-major Vodafone and telecommunication equipment maker Huawei is testing cellular-V2X (vehicle to everything) technology, which makes it possible for a car to communicate with other vehicles and its surroundings through mobile telephony in Bavaria. Since February 2017 the companies have been performing trials of the new, high-performance technology – which… Continue reading Bosch, Vodafone, and Huawei test cellular-V2X on European road
Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network