The investment will equip TABC with the first coil-fed laser blanking line for TMNA, expand blanking capability to include steel and aluminum on the same line and increase capacity to cut 5.6 million blanks annually. In addition, these added capabilities will enable TABC to better support Tacoma production at TMNA facilities in Baja, California, and… Continue reading $27 Million Investment to Expand Toyota’s Long Beach Manufacturing Capabilities
Tag: Mobility
Nexteer Reports Full Year 2021 Financial Results
AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2021. Although 2021 provided another challenging operating environment resulting from the ongoing global pandemic which brought unprecedented supply chain constraints and inflationary pressures to the automotive industry broadly, Nexteer continued to execute its long-term… Continue reading Nexteer Reports Full Year 2021 Financial Results
DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions
Investment advances DENSO’s commitment to achieve an environmentally-friendly, safe and secure mobility future NSITEXE, Inc., led Quadric’s $21 million Series B funding round NSITEXE is a DENSO group company that designs and develops key semiconductor components enabling next-generation automotive applications DENSO’s collaboration with Quadric helps the mobility supplier progress its sustainability and safety goals SOUTHFIELD,… Continue reading DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions
@Ford: Geared for Success: Ford Now Operates 3D Printers Autonomously, Increasing Efficiency and Reducing Cost
Using a mobile robot, Ford operates 3D printers autonomously; the company has filed several patents for the technology in its drive to innovate Autonomous process enables 3D printer to run continuously with no human interaction needed, increasing throughput and reducing cost of custom-printed products Innovative Ford communication system enables different pieces of equipment from various… Continue reading @Ford: Geared for Success: Ford Now Operates 3D Printers Autonomously, Increasing Efficiency and Reducing Cost
World NM: Can electric vehicles help defund the Russian war machine?001740
Receive the Transport Brief in your inbox by subscribing here. All of this has given the debate over the EU battery regulation – a mammoth piece of legislation aimed at boosting Europe’s battery autonomy while cutting emissions – a geopolitical shot in the arm. However, with the less-deadly Omicron variant now widespread and high vaccination… Continue reading World NM: Can electric vehicles help defund the Russian war machine?001740
Cadillac will offer two new features to select Super Cruise drivers this summer
GM’s Super Cruise will learn two new tricks this summer. GM announced on Tuesday that the driver assist system will offer Automatic Lane Change and Trailering capabilities for eligible owners. Owners of the 2021 Cadillac CT4 and CT5 will have the opportunity to purchase Automatic Lane Change capabilities while 2021 Escalade owners will be given the Trailering option,… Continue reading Cadillac will offer two new features to select Super Cruise drivers this summer
Europa Wire: Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility000274
Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility Successful BEV-run up: No. 1 in Europe, No. 2 in the US, China increased more than fourfold Enhanced overall resilience: overhead costs significantly reduced, high capex discipline, break-even lowered Profit doubled to 20 billion EUR and return on sales increased to 8 percent (2020: 4,8)… Continue reading Europa Wire: Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility000274
@VW Group: Porsche SE and Bridgepoint acquire Econolite Group004745
Stuttgart, 14 March 2022. Porsche Automobil Holding SE (Porsche SE), Stuttgart, and Bridgepoint Advisers Limited (Bridgepoint), London, UK, jointly acquire Econolite Group (Econolite), Anaheim, California, USA. Together with the joint portfolio company PTV Planung Transport Verkehr GmbH (PTV), Karlsruhe, Germany, this will create a fully integrated provider of market leading mobility solutions. Econolite’s product portfolio,… Continue reading @VW Group: Porsche SE and Bridgepoint acquire Econolite Group004745
@VW Group: Porsche SE closes partial sale of PTV to partner Bridgepoint004744
Stuttgart, 1 February 2022. On 31 January 2022, Porsche Automobil Holding SE (Porsche SE), Stuttgart, closed the transfer of 60 percent of its investment in PTV Planung Transport Verkehr AG (PTV) to Bridgepoint Advisers Limited (Bridgepoint), London, UK, after having obtained the regulatory approvals. PTV’s growth strategy will be consistently pursued in the new shareholder structure and… Continue reading @VW Group: Porsche SE closes partial sale of PTV to partner Bridgepoint004744
Kongsberg Automotive – Annual Report 2021
Kongsberg Automotive ASA Annual Report 2020 follows attached. About Kongsberg Automotive ASAKongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find out more… Continue reading Kongsberg Automotive – Annual Report 2021