ZF breaks ground in one of the fastest growing automotive markets in Southeast Asia New customer for ZF’s chassis technology division Local for local: Hai Phong plant produces chassis modules for Vietnamese automotive manufacturer Inauguration with high-ranking representatives of business, industry and government Hai Phong, Vietnam. ZF celebrates the official opening of its first plant… Continue reading Press: New Customer for Chassis Module Technology: ZF Opens First Plant in Vietnam
Tag: Tier 1 Suppliers
Farm #LikeABosch: precision through connectivity
Stuttgart & Hannover, Germany: Bosch is providing new solutions and offerings that allow farmers to strike the right balance between economic and ecological considerations. These include intelligent sensors, apps for farmers, sophisticated camera technology for agricultural machinery, and resource-conserving powertrains. Visitors to Agritechnica can learn more about at these ideas at the Bosch booth (G17,… Continue reading Farm #LikeABosch: precision through connectivity
Continental and Pyrolyx enter five-year agreement for supply of recycled carbon black
Delivery of 10,000 tons per year planned within next five years Pyrolyx expects to absorb over 3,000,000 end-of-life tires and to save more than 25,000 tons of CO2 emissions annually in each plant Use of recycled carbon black in various tire segments Hanover, November 11, 2019. Continental, technology company and manufacturer of premium tires, and… Continue reading Continental and Pyrolyx enter five-year agreement for supply of recycled carbon black
ZF opens first plant in Vietnam, adds Vinfast as a new customer
Opening of ZF’s Chassis Plant in Hai Phong, Vietnam: Michael Hankel, Member of the ZF Board of Management (3rd from left, back row), James DeLuca, VinGroup Deputy CEO (4th from left, back row), Dr. Peter Holdmann, Head of ZF’s Chassis Technology Division (5th from left, back row). German Tier 1 supplier ZF has opened its first… Continue reading ZF opens first plant in Vietnam, adds Vinfast as a new customer
ZF Joins Silicon Carbide Powertrain Bandwagon With Cree
Silicon carbide (SiC) power electronics (especially inverters) are a must-have if you want state-of-the-art efficiency. ZF, one of the tier-one automotive suppliers, announced a strategic partnership with Cree, whose silicon carbide (SiC) materials are selling like crazy. ZF intends to use Cree’s Wolfspeed silicon carbide technology in power electronics for electric vehicles. The main area… Continue reading ZF Joins Silicon Carbide Powertrain Bandwagon With Cree
Japanese transmission maker JATCO opens new plant in east China
NANJING, Nov. 9 (Xinhua) — JATCO, one of the largest manufacturers of automatic transmissions in the world, put its new plant into operation on Friday in Zhangjiagang of east China's Jiangsu Province.
It is the second production base set up and wholly funded by the Japanese company in China.
With some 700 employees, the new plant covers 96,000 square meters and has an annual production capacity of 480,000 transmissions.
The main products will be the Jatco CVT8 models, which are used on premium midsize automobiles of Nissan and Renault brands produced by their joint ventures with China's automaker Dongfeng Motor Corporation, JATCO said.
Teruaki Nakatsuka, president of JATCO, said CVT (continuously variable transmission) technology has been a success in the Chinese market with the fuel-efficient and comfortable rides it provides for automobiles.
“China is an important strategic market of JATCO,” Nakatsuka said.
JATCO entered China in 2007 and founded its first manufacturing en..
Media Flags Velodyne ADAS Collaboration with Hyundai Mobis
November 8, 2019 Velodyne and Hyundai Mobis will launch a new lidar-based advanced driver assistance system (ADAS) that integrates Velodyne lidar technology and Hyundai Mobis cognitive software. In an article in FierceElectronics, Spencer Chin wrote how “the companies will commercialize their first Lidar system for ADAS in 2021 for awarded mass production programs. They will… Continue reading Media Flags Velodyne ADAS Collaboration with Hyundai Mobis
Robust and comfortable – Continental develops surfaces for rugged field work
Resilient materials for tough and long-lasting interiors Seating material remains tear-resistant even under the rugged conditions of agriculture Dirt-repellent and easy to clean surfaces for agricultural machinery cabs Hanover, November 11, 2019. The technology company Continental supports the agriculture industry with surface materials that were specifically developed for rugged field work. Extreme weather, which is… Continue reading Robust and comfortable – Continental develops surfaces for rugged field work
Auto parts maker Magna sees $500 mln hit to sales from GM strike
(Reuters) – Canada’s auto parts maker Magna International Inc (MG.TO) on Friday said a labor strike at General Motors Co (GM.N), its biggest customer, will potentially reduce full-year sales by about $500 million. The strike will also hit consolidated margins by about 30 basis points, Magna said on a post-earnings conference call. Reporting by Ankit… Continue reading Auto parts maker Magna sees $500 mln hit to sales from GM strike
Magna Announces Third Quarter Results
Sales of $9.3 billion decreased 3%, compared to global light vehicle production down 3% º Labour strike at General Motors (“GM strike”) reduced third quarter salesExcluding foreign currency translation and divestitures net of acquisitions, sales up 2%Returned $451 million to shareholders through share repurchases and dividends2019 Outlook reduced largely to reflect estimated impact of… Continue reading Magna Announces Third Quarter Results