Schaeffler strengthens bearings business and develops bearings for electromobility

2022-02-18 | Herzogenaurach Innovative bearing technologies from Schaeffler are key to efficient, sustainable mobility The TriFinity triple-row bearing and the high-efficiency ball bearing with centrifugal disc offer outstanding efficiency and service life for all types of powertrain Custom solutions for electrified vehicles highlight Schaeffler’s successful transformation Innovative bearing solutions play a key role in sustainable… Continue reading Schaeffler strengthens bearings business and develops bearings for electromobility

Fisker opens reservations for second EV, the PEAR starting below $30k before taxes or incentives

As Fisker Inc. continues to work toward start of production of its flagship Ocean EV, it has begun taking reservations for its second model, the PEAR – a compact, five-passenger “urban EV.” With the opening of reservations, Fisker is also claiming the PEAR will start at an MSRP below $30,000 in the US, and that’s… Continue reading Fisker opens reservations for second EV, the PEAR starting below $30k before taxes or incentives

Auto parts maker Magna sees initial hit from Canadian bridge blockade

By Shivansh Tiwary (Reuters) – Auto parts maker Magna International Inc said on Friday disruptions at the Ambassador bridge caused by Canadian trucker protests against coronavirus mandates have started to have some initial impact on its operations. The protesters, who have caused a gridlock in the Canadian capital since late January, have since Monday used… Continue reading Auto parts maker Magna sees initial hit from Canadian bridge blockade

Magna Announces Board Leadership and Other Changes

Board Chair, William L. Young, not standing for re-election Audit Committee Chair, Robert F. MacLellan, selected by Board to succeed as Board Chair in May Dr. Thomas Weber has been appointed to Board AURORA, Ontario, Feb. 11, 2022 (GLOBE NEWSWIRE) — Magna announced today upcoming changes to the leadership of its Board of Directors, ahead… Continue reading Magna Announces Board Leadership and Other Changes

Magna Announces Fourth Quarter 2021 Results and Outlook

Fourth Quarter 2021 Highlights Sales of $9.1 billion decreased 14%, compared to a 17% decrease in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share of $1.54 and $1.30, respectively, compared to $2.45 and $2.83 last year Returned $378 million to shareholders through share repurchases and dividends Raised quarterly cash… Continue reading Magna Announces Fourth Quarter 2021 Results and Outlook

Scuderia Cameron Glickenhaus SCG 007 in detail – Professional Motorsport World

The idea that a rookie team could arrive at the Le Mans 24 Hours with an entirely new car and end up in contention for a place on the podium may seem fanciful. However, that is exactly what Scuderia Cameron Glickenhaus (SCG) did with its SCG 007 Hypercar. The eponymously named outfit is the brainchild… Continue reading Scuderia Cameron Glickenhaus SCG 007 in detail – Professional Motorsport World

Fittipaldi Vision GT Car Vanishes From Gran Turismo 7 – GTPlanet

If you’ve been keeping yourself in the loop with the latest Gran Turismo 7 news, you might have noticed one glaring absence from the most recent update to the car list. While almost every car from GT Sport is now confirmed to be on GT7’s roster of vehicles, one appears to have been removed: the… Continue reading Fittipaldi Vision GT Car Vanishes From Gran Turismo 7 – GTPlanet

Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System

System solution fully integrates camera and electronics into the interior mirror Driver and in-cabin occupant monitoring achieved with a single camera Starts production in 2024 with German automaker AURORA, Ontario, Feb. 07, 2022 (GLOBE NEWSWIRE) — With the rapid global growth of advanced driver assistance systems (ADAS), driver monitoring is quickly becoming an important feature… Continue reading Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System

Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans

American EV automaker Fisker Inc. announced its flagship Ocean SUV will make its official debut in Europe at Mobile World Congress in Barcelona, Spain. The annual trade show will take place from February 28 to March 3, and will give visitors a first chance to see the Fisker Ocean up close in Europe, ahead of… Continue reading Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans

World NM: Car factory tree protest continues in the face of storm001717

One of the tree protestors. Photo: Marcel van Hoorn ANP The Sterrebos area of woodland in Born, Limburg was fenced off at the weekend to stop more people from joining the protest against VDL Nedcar’s plan to chop down over 100 trees to make room for a new production area. Some fifteen people have been… Continue reading World NM: Car factory tree protest continues in the face of storm001717