Tag: Tier 1 Suppliers

Faraday Future: Money & Partners

The startup Faraday Future has found new money and partners for the further development of the FF91. Faraday Future wants to push with an autonomous luxury e-car on the market and thus especially against Tesla compete. That failed in the meantime at the high costs. Now you have obviously found money and cooperation partners. Screenshot… Continue reading Faraday Future: Money & Partners

Faurecia to Build New $60 Million Manufacturing Facility in Kansas City Metro

BLUE SPRINGS, Mo., Feb. 15, 2018 /PRNewswire-USNewswire/ — The Kansas City Area Development Council announced today that Faurecia, a leading automotive technology company, will build a new $60 million, 250,000-square-foot interiors production facility in Blue Springs, Missouri, part of the Kansas City area. The company, a global leader in developing automotive seating, interior systems and… Continue reading Faurecia to Build New $60 Million Manufacturing Facility in Kansas City Metro

Honeywell Announces Darius Adamczyk To Assume Chairman Title In April 2018; Names Duncan B. Angove To Board Of Directors

— Board of Directors nominates Adamczyk to serve as both Chairman and CEO beginning after Honeywell’s Annual Shareowners Meeting on April 23– Single leader will help Honeywell navigate a period of significant portfolio change and drive a strategic shift toward becoming a software-industrial leader– Angove, who is President of Infor Inc. with more than two… Continue reading Honeywell Announces Darius Adamczyk To Assume Chairman Title In April 2018; Names Duncan B. Angove To Board Of Directors

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