Tag: Tier 1 Suppliers

Groupe PSA 2017 Registration Document

RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) announces the publication of its 2017 Registration Document. The latter has been filed with the French Autorité des Marchés Financiers (AMF) and registered under D.18-0196, on March 28, 2018. The 2017 Registration Document is available on the Group’s web site www.groupe-psa.com/en, in its “Regulated Information” section. This… Continue reading Groupe PSA 2017 Registration Document

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies SOUTHFIELD, Mich., March 28, 2018 /PRNewswire/ — Federal-Mogul Powertrain today announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m, covers the development and series production of advanced starter-generator systems for an… Continue reading First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

Faurecia signs the biggest contract in its history

In an armchair. Faurecia is “proud” to announce on Wednesday the signing of the largest contract in its history. The PSA-controlled automotive supplier sold six million car seats at once to German BMW. In the coming years, the French group will manufacture, assemble and deliver just-in-time complete seats or seating structures that will integrate into… Continue reading Faurecia signs the biggest contract in its history

(2nd LD) Hyundai Motor to streamline governance structure

(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (2nd LD) Hyundai Motor to streamline governance structure

(LEAD) Hyundai Motor to streamline governance structure

(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (LEAD) Hyundai Motor to streamline governance structure

Hyundai Motor to streamline governance structure

SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure by spinning off and merging two major affiliates. The auto group plans to spin off auto parts maker Hyundai Mobis Co.’s core module business unit and then merge it with logistics firm Hyundai… Continue reading Hyundai Motor to streamline governance structure

Marvell partners Nvidia to provide OEMs with secure autonomous platform

Marvell’s automotive Ethernet switch integration in Nvidia Drive Pegasus Platform for Level 5 autonomy. US-based storage technology company, Marvell has announced that its 88Q5050 secure automotive Ethernet switch is integrated into the Nvidia’s ‘Drive Pegasus’ platform for autonomous vehicles, which it claims is the first commercially available solution with embedded security built into the core.… Continue reading Marvell partners Nvidia to provide OEMs with secure autonomous platform

DENSO brings Advanced Automotive Technology R&D to Israel

KARIYA (Japan) ― DENSO Corporation today unveiled its newest innovative satellite R&D team in Israel, accelerating advanced technologies like automated driving, cybersecurity, and AI. Starting in April, DENSO’s R&D satellite will begin collaborating with local startups to pioneer new technologies. This is the newest satellite in DENSO’s global R&D network located in key regions. DENSO… Continue reading DENSO brings Advanced Automotive Technology R&D to Israel

According to VW and Daimler: US lawyers also sue BMW – allegation exhaust fraud

All articles and backgrounds 03/28/2018 According to VW and Daimler US lawyers also sue BMW – allegation exhaust fraud BMW BMW X5: Vehicles of this type are suspected in the US to have been sold under false environmental promises BMW is now facing legal problems in the United States on suspicion of fraud in exhaust… Continue reading According to VW and Daimler: US lawyers also sue BMW – allegation exhaust fraud