Tag: Tier 1 Suppliers

Tenneco Supplies Suspension on Jaguar I-PACE All-Electric SUV

LAKE FOREST, Ill.–(BUSINESS WIRE)–Tenneco Inc. (NYSE: TEN), a global supplier of Ride Performance and Clean Air products and systems, is supplying suspension components for the new Jaguar I-PACE all-electric luxury crossover SUV. The vehicle features Tenneco’s passive front and rear dampers and coil and air spring suspension modules, engineered to improve ride performance and stability.… Continue reading Tenneco Supplies Suspension on Jaguar I-PACE All-Electric SUV

AI in the car has problems with people with dark skin?

Some Artificial Intelligence in cars still do not recognize people with darker skin. Several years ago it became known that certain Artificial Intelligence (AI) black people in the US did not recognize. The reason for this was that people of this skin color were not part of the learning database. This development problem is probably… Continue reading AI in the car has problems with people with dark skin?

Auto parts supplier: Continental pays less bonus to employees

Continental The auto parts supplier had a rather weak year. (Photo: AP) HannoverThe automotive supplier and tire manufacturer Continental showered less success rates to its employees, For the financial year 2018, the employees should work in Germany each received about 750 euros, the company said on Wednesday in Hannover. Total pays the DaxGroup 150 million… Continue reading Auto parts supplier: Continental pays less bonus to employees

Bonus for All!

Continental is once again sharing its net profit with all eligible employees worldwide Dr. Ariane Reinhart, Executive Board member for Human Relations: “Everyone has worked for the success, so everyone has also earned a bonus” Bonus is based on the company’s value creation in the past fiscal year Approximately €150 million will be distributed to… Continue reading Bonus for All!

Maria-Elisabeth Schaeffler wants to remain Conti-Overseer: But her chair remains empty

Seventeen-year-old Maria-Elisabeth Schaeffler-Thumann, her share packages to automotive suppliers Schaeffler and Continental make her one of the richest women in Germany. But she does not want to let go. If the Conti shareholders elect their representatives to the Supervisory Board on April 26, the Schaefflerin will again be among the candidates. Even if she holds… Continue reading Maria-Elisabeth Schaeffler wants to remain Conti-Overseer: But her chair remains empty

Temasek invests in US-based airspace management platform AirMap

March 6, 2019 Singapore’s Temasek Holdings has invested an undisclosed amount in California-based airspace management platform AirMap, according to a Medium post by the company’s co-founder. The Singapore state investment firm was joined by Honeywell Ventures, the venture capital arm of Honeywell, in the financing. AirMap provides unmanned aerial system (UAS) Traffic Management (UTM) solutions to… Continue reading Temasek invests in US-based airspace management platform AirMap

Auto parts supplier: Schaeffler increases conversion speed and wants to delete 900 jobs

Assembly in the Schweinfurt factory The European plants are to be rearranged, small parts of the business to be sold. (Photo: Bloomberg) MunichThe pressure on the SchaefflerGroup comes from two sides: On the one hand, the automotive supplier like many competitors suffers from the weak economy in the automotive industry. Last year, the family-owned company… Continue reading Auto parts supplier: Schaeffler increases conversion speed and wants to delete 900 jobs

Schaeffler CEO Klaus Rosenfeld: “Five European locations are being put to the test”

Klaus Rosenfeld “We want to avoid redundancies due to operating conditions.” (Photo: AP) The industry is weakening, margins continue to crumble: the SchaefflerCorporation wants to accelerate its transformation with a new corporate program, In doing so, five plants in Europe will be put to the disposition. In addition, investments should be geared even more towards… Continue reading Schaeffler CEO Klaus Rosenfeld: “Five European locations are being put to the test”

VinFast launches limited edition Lux SUV in Switzerland – Viet Nam News

Viet Nam News HÀ NỘI — VinFast will introduce its first Lux SUV model at the Geneva Motor Show 2019 in Switzerland, one of the most exciting displays of auto engineering and design in the world, from March 7-17. Being equipped with a powerful 6.2-litre V8 engine and outstanding interior and exterior, the new VinFast… Continue reading VinFast launches limited edition Lux SUV in Switzerland – Viet Nam News