MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. Fiat Chrysler Automobiles (FCA) U.S. headquarters is seen in Auburn Hills, Michigan, U.S.… Continue reading Fiat Chrysler kicks off Magneti Marelli spin-off
Tag: Tier 1 Suppliers
VinFast, Vietnamese builder, will be at the World
VinFast, a new manufacturer on the automotive world, has chosen the Paris scene for its first international show. He will present two models and his ambitions. Except in China, the creation of a new manufacturer has become rare and quite difficult. Attempts have been regular and the example of Qoros is back in the lead.… Continue reading VinFast, Vietnamese builder, will be at the World
Big bang at the German Continental
Eleven years after its acquisition of Siemens VDO for more than 11 billion euros, the German Continental is preparing to partially cede these activities. With 40,000 employees for a turnover The transmission division (Powertrain) is expected to be listed on the stock market from mid-2019 as part of a major reorganization, the second-largest German automotive… Continue reading Big bang at the German Continental
ZF: automation is “difficult to depreciate on a particular vehicle”
According to ZF, automation systems will have more interest in commercial vehicles and trucks. A strategic position deciphered by Thierry Metais, vice-president of the ZF group in charge of sales and development but also managing director of ZF France, At the end of June 2018, ZF presented its strategic shift for the autonomous vehicle, during… Continue reading ZF: automation is “difficult to depreciate on a
particular vehicle”
UPDATE 2-Continental AG restructures, prepares Powertrain for 2019 IPO
FRANKFURT (Reuters) – German auto supplier Continental (CONG.DE) on Wednesday said it will list its Powertrain unit as early as mid-2019 as part of a broader restructuring in response to far-reaching shifts in the auto industry towards electric and self-driving technologies. FILE PHOTO: Flags of German tyre company Continental are seen before the annual news… Continue reading UPDATE 2-Continental AG restructures, prepares Powertrain for 2019 IPO
Accidents linked to driving under the influence of drugs have soared in the past 10 years
Lawmakers on the House Energy and Commerce Committee held a hearing last week on the dangers of drug-impaired driving. There is growing concern in Congress over the issue as data from the Governors Highway Safety Association (GHSA) and the Foundation for Advancing Alcohol Responsibility finds that accidents from drugged driving have been on the rise… Continue reading Accidents linked to driving under the influence of drugs
have soared in the past 10 years
Valeo relies on “light” electrification of cars
In recent months, a silent revolution is under way on the Côte d’Opale. Here, in Etaples, close to the seaside resort of Le Touquet (Pas-de-Calais), since March Valeo has produced 48-volt starter-alternators, in addition to its 12-volt classics. Seen from afar, the difference is barely perceptible: the craft is just bigger than its cousin. But… Continue reading Valeo relies on “light” electrification of cars
Dieselgate: Opel in the sights of the German authorities
bleached by the French authorities Opel is not yet fully out of business in the scandal of diesel engines rigged. The German Ministry of Transport (KBA) announced on Saturday that the car manufacturer, a subsidiary of PSA, was under investigation. According to the Bild daily, the KBA informed Opel “this week” of its suspicions and… Continue reading Dieselgate: Opel in the sights of the German authorities
Bosch has to issue correspondence with VW
Friday, 07/13/2018 12:41 clock Bosch has to give up its stalemate attitude: the district court Stuttgart has the auto supplier Bosch condemned internal documents related to the diesel Emissions scandal at VW issue. Bosch has so far wrongly relied on the right to refuse to give evidence, the competent chamber decided. Specifically, it is about… Continue reading Bosch has to issue correspondence with VW
Daimler and Bosch to Test Self-Driving Taxis Next Year
Illustration: Bosch Daimler and Bosch say they’ll test a self-driving car in a ride-hailing service in California in 2019. The two German companies didn’t say which model Mercedes car or SUV they’ll use, only that the first self-driving taxis will put safety drivers behind the wheel, just in case, and will incorporate Pegasus, Nvidia’s self-driving hardware and software package. According to… Continue reading Daimler and Bosch to Test Self-Driving Taxis Next Year