Tag: Tier 1 Suppliers

Aston Martin Valkyrie: new performance figures and specifications announced

Aston Martin has released performance figures for its new Valkyrie hypercar. Its 6.5-litre, naturally aspirated V12 produces 1,000bhp at 10,500rpm, 740Nm of torque at 7,000rpm, and will red-line at an amazing 11,100rpm. The engine was developed in tandem with Cosworth and Red Bull Racing, using expertise gained from their F1 exploits. Most of the V12’s… Continue reading Aston Martin Valkyrie: new performance figures and specifications announced

Germans Curious About Robo-Taxis and Largely Reject Carsharing

Four out of five Chinese respondents would use robo-taxis, along with half of those in the U.S.A. and Japan and one third in Germany Women remain particularly skeptical of driverless taxis CEO Dr. Degenhart: “Very positive responses to our CUbE test platform” Hanover, November 19, 2018. The 2018 Continental Mobility Study shows that the vast… Continue reading Germans Curious About Robo-Taxis and Largely Reject Carsharing

Why not just driveless?

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Hyundai Motor unveils sweeping executive reshuffle, shares surge

SEOUL (Reuters) – South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto… Continue reading Hyundai Motor unveils sweeping executive reshuffle, shares surge

Venezuelan government says it will reopen Goodyear plant, probe bosses

CARACAS, Dec 11 (Reuters) – Venezuela’s government said on Tuesday it would investigate Goodyear Tire & Rubber Co’s local management and re-start operations at its factory, which the U.S. company closed because of deteriorating economic conditions. On Monday, Goodyear said its Venezuelan tire plant had become “impossible” to maintain because of plummeting demand for consumer… Continue reading Venezuelan government says it will reopen Goodyear plant, probe bosses

Continental To Launch Production of Premium Automotive Interior Surfaces in India in 2020

Automotive interior materials for Indian automotive industry Investment in state-of-the-art machines and facilities to the tune of some 22 million euros Series production scheduled to start in 2020 with approx. 110-strong workforce Environment-friendly biogas system will supply sustainable energy to plant Pune, December 11, 2018. Technology company Continental performed the symbolic groundbreaking ceremony in Pune,… Continue reading Continental To Launch Production of Premium Automotive Interior Surfaces in India in 2020

New Head of Investor Relations

Bernard Wang (38), Linde plc, to take over on January 1, 2019 Engineer with international capital market expertise and many years of experience in investor relations for publicly listed technology companies Hanover, December 11, 2018. The Investor Relations department of Continental AG in Hanover will be under new management as of January 1, 2019. Bernard… Continue reading New Head of Investor Relations

WaveOptics Raises $26m in Funding

WaveOptics, a London, UK-based designer and manufacturer of diffractive waveguides for use in Augmented Reality (AR) wearables, raised $26m (£20m). The round was led by Octopus Ventures, with participation from existing shareholders IP Group, Robert Bosch Venture Capital and Gobi Partners, as well as new investors Goertek and Optimas Capital Partners. The company intends to… Continue reading WaveOptics Raises $26m in Funding