Tag: Contract Manufacturer

Magna Celebrates Opening of New Electronics Facility

State-of-the-art manufacturing facility in Grand Blanc Township, MichiganSolidifies leadership in vision-based driver assistance systemsDivision has made more than 46 million ADAS components since 2005TROY, Mich., Aug. 14, 2019 (GLOBE NEWSWIRE) — Magna celebrated the opening of a new electronics manufacturing facility today in Grand Blanc Township, Michigan. The facility consolidates three nearby locations into a… Continue reading Magna Celebrates Opening of New Electronics Facility

Valmet Automotive To Produce EV Batteries In Former Nokia Plant

Valmet Automotive is readying itself for testing and development of EV battery systems as well as series production of battery packs Valmet Automotive, one of the world’s largest car contract manufacturers, this autumn will start its first large-scale production of electric vehicle battery packs in Salo/Finland, in a former Nokia plant. The Finish company didn’t… Continue reading Valmet Automotive To Produce EV Batteries In Former Nokia Plant

And yet another anniversary for MINI: The brand’s ten millionth vehicle rolled off the production line in Oxford.

Another celebration took place at the traditional MINI plant with a rich heritage punctually heralding the 60th anniversary of the British premium brand – the anniversary vehicle is a model of the MINI 60 Years Edition. Munich/Oxford. MINI Fans all over the world have a variety of opportunities to look back on the 60 years… Continue reading And yet another anniversary for MINI: The brand’s ten millionth vehicle rolled off the production line in Oxford.

Meritor Starts Its First European Electrification Supply Project

Meritor’s first EV project in Europe is with Alstom. Potentially for hundred of electric buses. A lot of automotive suppliers are scrambling to catch onto the electric revolution and get a part of the pie of the future market. Recently, Meritor announced its first European electrification supply project. The company will supply key drivetrain components from Blue… Continue reading Meritor Starts Its First European Electrification Supply Project

Magna Announces Second Quarter Results

Sales of $10.1 billion decreased 1%, compared to global light vehicle production down 6%Excluding foreign currency translation and divestitures net of acquisitions, sales up 5% with each segment outpacing global light vehicle productionCash provided from operating activities of $920 millionReturned $519 million to shareholders through share repurchases and dividendsOutlook largely unchangedAURORA, Ontario, Aug. 08, 2019… Continue reading Magna Announces Second Quarter Results

Pininfarina-kissed Karma GT plug-in hybrid heading to Monterey Car Week

Gone is the Joker grin, as well as the walrus mustache.

The new Karma GT by Pininfarina will show off its much sleeker facelift at Monterey Car Week next weekend in California.

The GT by Pininfarina, which made its first appearance at the Shanghai auto show in April, is a two-door coupe version of the Karma Revero sedan. The Revero itself is an updated Fisker Karma, built by the successor company (Karma), with a new engine, a new battery pack, and a new look for 2020.

The coupe is the first fruit of a new collaboration between Karma and classic Italian design house Pininfarina. It puts forward a much simpler look, with narrow headlights, a flowing, curved bumper, and more conventional air intakes above the splitter beneath.

Karma GT by Pininfarina concept

Longer doors give the coupe more graceful proportions, and with its tiny back seat, the Revero loses little in practicality for the sacrificed rear doors. A contrasting black roof pulls the proportions together and finishes it off in a sleek arc.

Like the updated Revero GT, the GT by Pininfarina will use a turbocharged 3-cylinder engine from BMW along with a 28-kilowatt-hour battery pack that is expected to deliver electric range in the neighborhood of 65 miles before the 3-banger has to fire up. The combination is expected to generate 536 horsepower and acceleration of less than 4 seconds.

Karma has not confirmed whether it will produce the GT by Pininfarina, but is working on a new electric SUV, which it says will arrive in 2021.