Tag: Tier 1 Suppliers

Hyundai set for Elliott showdown as it rejects $6.3 billion payout call

SEOUL (Reuters) – Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea’s second-biggest conglomerate. FILE PHOTO: Chief Vice Chairman of Hyundai Motor Group Chung Eui-sun delivers his speech during the company’s… Continue reading Hyundai set for Elliott showdown as it rejects $6.3 billion payout call

May met Ineos chair for off-roader talks as tax row loomed – Sky News

By Mark Kleinman, City editor Theresa May has held private talks with the Ineos founder Sir Jim Ratcliffe, Britain’s richest man, about his blueprint for a new off-road vehicle amid growing scrutiny of his personal tax affairs. Sky News has learnt that Sir Jim met the prime minister and Greg Clark, the business secretary, late… Continue reading May met Ineos chair for off-roader talks as tax row loomed – Sky News

All-electric Kia e-Soul to make European debut in Geneva with more power, driving range and technology

At the rear, the ‘island’ of bodywork in the tailgate remains. Surrounded by gloss black, this panel takes on a more rounded, modern shape for the new model, and sits atop restyled rear bumpers. It is parenthesised by bold new wraparound LED combination lamps. The new e-Soul is available in a choice of seven single-tone… Continue reading All-electric Kia e-Soul to make European debut in Geneva with more power, driving range and technology

Continental and Hewlett Packard Enterprise Launch Blockchain-Based Data Monetization Platform

New platform fuels sharing of vehicle data to improve driver safety, convenience, by providing unprecedented level of data sovereignty Barcelona, February 26, 2019. The technology company Continental and Hewlett Packard Enterprise announced a new platform, expected to be available in 2019, for sharing vehicle data to enable new digital services that improve driver safety and… Continue reading Continental and Hewlett Packard Enterprise Launch Blockchain-Based Data Monetization Platform

Mahle-Behr in Dayton to hire at least 100 workers at hiring event – WHIO

DAYTON — Mahle-Behr is looking to hire new workers. The goal of the hiring event is to hire at least 100 production workers on the spot to fill roles in the Dayton facility, which currently employs 1,600 workers, according to a release. >> LOCAL NEWS: Man indicted for stealing $78,000 from Dayton AMVETS Content Continues… Continue reading Mahle-Behr in Dayton to hire at least 100 workers at hiring event – WHIO

MAHLE Licenses WiTricity Technology for Electric Vehicle Wireless Charging – Business Wire

WATERTOWN, Mass.–(BUSINESS WIRE)–WiTricity, the industry pioneer in wireless power transfer over distance, today announced that MAHLE, a top 20 global Tier 1 supplier to the automotive industry headquartered in Stuttgart, Germany, has entered into a technology license for access to WiTricity’s patented technology. MAHLE is a well-known international development partner and supplier to the automotive industry… Continue reading MAHLE Licenses WiTricity Technology for Electric Vehicle Wireless Charging – Business Wire

Hewlett Packard Enterprise and Continental Launch Blockchain-Based Data Monetization Platform 

New platform fuels sharing of vehicle data to improve driver safety, convenience, by providing unprecedented level of data sovereignty  Auburn Hills, Mich., February 25, 2019 – Hewlett Packard Enterprise (HPE) and the technology company Continental today announced a new platform, expected to be available in 2019, for sharing vehicle data to enable new digital services… Continue reading Hewlett Packard Enterprise and Continental Launch Blockchain-Based Data Monetization Platform