Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM
Tag: Magna
Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio
NEW YORK, June 17, 2024 /PRNewswire/ — The global electric vehicle (EV) transmission system market size is estimated to grow by USD 52.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 36.38% during the forecast period. Increasing demand for bevs is driving market growth, with a trend towards increase in popularity of E-axle… Continue reading Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio
The Michelin site at Troyes is inaugurating COSMOS, a new innovative machine for the production of agricultural tires
Today, Michelin is announcing the inauguration of the COSMOS machine on its industrial site in Troyes. COSMOS: a new machine for the production of agricultural tires, hitherto unseen in the Michelin group For several months, the factory has been host to an innovative project to install a new agricultural tire production machine, one that… Continue reading The Michelin site at Troyes is inaugurating COSMOS, a new innovative machine for the production of agricultural tires
Jaguar discontinues F-Type production after 11 years
The last Jaguar F-Type has rolled off the brand’s Castle Bromwich production line, ahead of the company’s transition into a maker of low-volume electric luxury cars. The last F-Type was assembled exactly 50 years after the final E-Type, with its specification referencing its ancestor – a Giola Green convertible with a tan leather interior and a… Continue reading Jaguar discontinues F-Type production after 11 years
Automotive Camera Market Size in North America is set to grow by USD 3.93 billion from 2024-2028, Priority of automotive safety among customers boost the market, Technavio
NEW YORK, June 14, 2024 /PRNewswire/ — The automotive camera market size in North America is estimated to grow by USD 3.93 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.64% during the forecast period. Priority of automotive safety among customers is driving market growth, with a trend towards increased use of… Continue reading Automotive Camera Market Size in North America is set to grow by USD 3.93 billion from 2024-2028, Priority of automotive safety among customers boost the market, Technavio
Jaguar F-Type production ends after 87,731 examples built
The final Jaguar F-Type has rolled off the firm’s Castle Bromwich production line, ahead of the brand’s transition into a maker of low-volume electric luxury cars. The last F-Type was assembled exactly 50 years after the final E-Type, with its specification referencing its ancestor – a Giola Green convertible with a tan leather interior and a… Continue reading Jaguar F-Type production ends after 87,731 examples built
Urgent Media Alert Tomorrow: Living Classrooms Foundation, the Greater Baltimore Committee, the Greater Washington Partnership, and the Baltimore Orioles Host an Exclusive Conversation with David M. Rubenstein on the Impact of Community Initiatives in Baltimore
David M. Rubenstein, a prominent figure in private investment, a dedicated philanthropist, and the new owner of the Baltimore Orioles, will engage in a dialogue centered on “The Vital Impact of Community Initiatives in Baltimore.” This invitation-only event will welcome approximately 200 esteemed guests, including leaders from various sectors and community stakeholders, to discuss and… Continue reading Urgent Media Alert Tomorrow: Living Classrooms Foundation, the Greater Baltimore Committee, the Greater Washington Partnership, and the Baltimore Orioles Host an Exclusive Conversation with David M. Rubenstein on the Impact of Community Initiatives in Baltimore
@Fisker: Fisker Issues Voluntary Recalls to Address Software Issues via Over-The-Air Updates in North America and Europe000229
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it has issued two voluntary recalls for vehicles in North America and Europe for software-related issues. Fisker is issuing a voluntary safety recall for a total of 11,201 Fisker Oceans across the U.S.,… Continue reading @Fisker: Fisker Issues Voluntary Recalls to Address Software Issues via Over-The-Air Updates in North America and Europe000229
Magna (MGA) Hits 52-Week Low: Should You Still Hold the Stock?
Shares of auto equipment supplier Magna International MGA slipped to a 52-week low of $43.44 per share in the last trading session on June 7, before closing a tad bit higher at $43.76. Year to date, Magna has lost 26% of its value, underperforming the industry’s decline of 15%. Meanwhile, the S&P 500 index has… Continue reading Magna (MGA) Hits 52-Week Low: Should You Still Hold the Stock?
Fisker Inc. bankruptcy looms as latest SEC filing shows it has defaulted on a $3.5 million loan
A recent 8-K filing submitted by Fisker Inc. is painting a grim picture for the EV automaker’s future. The filing states that Fisker failed to pay back a loan totaling close to $3.5 million last month, lowering a potential curtain on the second iteration of the company that is staring down the barrel of potential… Continue reading Fisker Inc. bankruptcy looms as latest SEC filing shows it has defaulted on a $3.5 million loan