Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities

Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities   Where would you live if you could commute each workday in an autonomous driving, fully-functional, connected, comfortable, mobile office space? What if the service was provided via an on demand subscription basis? Or what if it was provided by… Continue reading Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities

Navya celebrates premiere in Belgium

The French provider of autonomous e-shuttles has launched one of its vehicles in Belgium. In the commune of Han-sur-Lesse in Belgium drives since yesterday at 10 o’clock an autonomous e-shuttle of the manufacturer Navya out France on the public roads. This is a first for Belgium – it is the first Autonomous E-Shuttle that operates… Continue reading Navya celebrates premiere in Belgium

Morgan Stanley: Tesla’s autonomous ride-sharing network is worth one-tenth of Waymo

Morgan Stanley has valued Tesla’s autonomous vehicle ride-sharing business, which does not yet exist, at $17.7 billion, about one-tenth of Waymo’s value, yet still above GM Cruise, the investment firm said in a research note published Tuesday. The $17.7 billion valuation, or about $95 per Tesla share, is notably lower than the $244 a share… Continue reading Morgan Stanley: Tesla’s autonomous ride-sharing network is worth one-tenth of Waymo

MAHLE acquires Italian thermostat specialist

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MAHLE acquires Italian thermostat specialistStuttgart/Germany, September 4, 2018 – In August, the MAHLE Group acquired all the shares in the former joint venture Behr Thermot-tronik Italia S.p.A. (BTTI), which has been renamed MAHLE Behr Grugliasco S.p.A. with immediate effect. The former shareholders, MAHLE Behr Kornwestheim GmbH and Valtri S.p.A., jointly agreed to this step in order to pursue the long-term, future-oriented focus and successful ongoing development of BTTI.
Press release [PDF; 31 KB]Press release (Italian version) [PDF; 45 KB] Complete acquisition of Behr Thermot-tronik Italia (BTTI)Thermal management products of great strategic importance for MAHLETapping additional potential in the Italian marketAt its headquarters in Grugliasco near Turin in northern Italy, the company develops and produces a broad range of thermostat products for use in all vehicle classes. The employment contracts of the currently around 120 employees are expected to remain unchanged, and no physical relocations are planned. “We are delighted that the employees of BTTI will now belong fully to MAHLE. Their skills and experience will secure the successful development of MAHLE Behr Grugliasco and therefore also of MAHLE,” says Bernd Eckl, Member of the Management Board and responsible for the Thermal Management business unit at MAHLE.
BTTI’s products are already an important component of MAHLE’s portfolio, as complex thermal management tasks within the vehicle can only be realized by intelligently controlling the energy flows that arise. Control systems such as map controlled thermostats ensure precise temperature regulation tuned to meet demand and thus promote more efficient operation, reduced consumption, less wear, and lower emissions.
“Aside from the technological aspect, MAHLE also benefits from the BTTI team’s excellent reputation, extensive expertise, and outstanding customer relationships in the Italian market. This applies both to the original equipment and the spare parts businesses,” says Arnd Franz, Member of the Management Board and responsible for Automotive Sales and Application Engineering as well as for the Aftermarket business unit at MAHLE.
As a result of the acquisition, the Italian thermostat specialist will now benefit fully from the systems competence and global network of the MAHLE supplier group.
“For us, it was important to offer employees long-term, futureoriented prospects. We believe that MAHLE’s acquisition offers the best opportunity for BTTI to continue developing successfully,” says Franco Triberti, representative of the former shareholder family.
In turn, MAHLE is expanding its strategically significant thermal management product portfolio. Efficient thermal management is becoming increasingly important, irrespective of the powertrain configuration. In internal combustion drives, the cooling system plays an important part in making vehicles even more efficient. For electric vehicles, the economical use of hot and cold flows is the basis for performance, cruising range, and service life. Integrated, efficient, and intelligent thermal management is therefore a prerequisite for e-mobility.
Behr Thermot-tronik Italia was created in 1997 from Behr Thomson Italia. Since it was founded, the joint venture has worked closely with Behr Thermot-tronik’s other entities. These have already been fully integrated in the MAHLE Group for some time as part of MAHLE’s majority acquisition of Behr in 2013.
About MAHLEMAHLE is a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future. The MAHLE Group is committed to making transportation more efficient, more environmentally friendly, and more comfortable by continuously optimizing the combustion engine, driving forward the use of alternative fuels, and laying the foundation for the worldwide introduction of e-mobility. The group’s product portfolio addresses all the crucial issues relating to the powertrain and air conditioning technology—both for drives with combustion engines and for e-mobility. MAHLE products are fitted in at least every second vehicle worldwide. Components and systems from MAHLE are also used off the road—in stationary applications, for mobile machinery, rail transport, as well as marine applications.
In 2017, the group generated sales of approximately EUR 12.8 billion with about 78,000 employees and is represented in more than 30 countries with 170 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, around 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact: MAHLE GmbH
Margarete Dinger
Corporate Communications/Public Relations
Pragstraße 26–46
70376 Stuttgart/Germany
Phone: +49 711 501-12369
Fax: +49 711 501-13700
margarete.dinger@mahle.com

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MAHLE develops new generation of thermally insulating piston coatings

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MAHLE develops new generation of thermally insulating piston coatingsStuttgart, September 4, 2018 – A new generation of MAHLE piston coatings is being developed with the purpose of increasing efficiency and minimizing emissions. These coatings are intended to guide and reduce the heat entering the pistons. This initially reduces the demand for piston cooling, and the increased exhaust gas temperature allows a higher quantity of energy to be extracted by waste heat recovery (WHR) systems. At the same time, the higher exhaust gas temperature permits faster heating of the exhaust gas aftertreatment system following the cold start. The resulting decrease in NOx emissions makes it easier to comply with current and future legislation.
Press release [PDF; 35 KB]Press picture [JPG; 4128 KB] Coatings reduce the piston’s heat inputIncreased exhaust gas temperature allows more energy to be extracted via waste heat recovery systemsFaster heating of the exhaust gas aftertreatment system improves emissions behaviorMAHLE achieves additional positive effects by optimizing the piston galleries—for instance, the MonoLite® piston with its kidney-shaped cross section. This allows a temperature reduction of up to 20 kelvin without any negative impact on the aging process of the oil used. The combination of reduced oil flow and a small compression height helps to minimize friction and fuel consumption.
MAHLE is securing the future of the combustion engineIn the commercial vehicle sector, the diesel engine will remain the dominant drive source for the foreseeable future, despite increasing diversification of the powertrain. This makes it even more important to continuously develop the diesel engine in order to reduce emissions and operating costs. Thanks to its holistic systems competence, MAHLE is able to tap new savings potential where no further improvement is possible at component level.
About MAHLEMAHLE is a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future. The MAHLE Group is committed to making transportation more efficient, more environmentally friendly, and more comfortable by continuously optimizing the combustion engine, driving forward the use of alternative fuels, and laying the foundation for the worldwide introduction of e-mobility. The group’s product portfolio addresses all the crucial issues relating to the powertrain and air conditioning technology—both for drives with combustion engines and for e-mobility. MAHLE products are fitted in at least every second vehicle worldwide. Components and systems from MAHLE are also used off the road—in stationary applications, for mobile machinery, rail transport, as well as marine applications.
In 2017, the group generated sales of approximately EUR 12.8 billion with about 78,000 employees and is represented in more than 30 countries with 170 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, around 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact:MAHLE GmbH
Christopher Rimmele
Corporate Communications/Public Relations
Pragstraße 26–46
70376 Stuttgart/Germany
Phone: +49 711 501-12374
Fax: +49 711 501-13700
christopher.rimmele@mahle.com

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[PDF; 5087 KB]

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Ford F-Series, Vans Combine for Best Sales Since 2005, F-Series Sales Increase for 16th Consecutive Month, Ford SUVs Climb 21 Percent; Lincoln Navigator Up 102 Percent

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford F-Series, Vans Combine for Best Sales Since 2005, F-Series Sales Increase for 16th Consecutive Month, Ford SUVs Climb 21 Percent; Lincoln Navigator Up 102 Percent

How Self-Driving Supergroup Aurora Plans to Make Robocars Real

The Traveling Wilburys were a short-lived phenomenon. From 1988 to 1991, Bob Dylan, George Harrison, Jeff Lynne, Roy Orbison, and Tom Petty—each a star in their own right and with a robust catalog to their name—combined their talents and experiences to produce two albums. That’s 21 songs in 112 delightful minutes of music, a testament… Continue reading How Self-Driving Supergroup Aurora Plans to Make Robocars Real

Toyota is investing $500 million in Uber at a valuation reported at $72 billion

Toyota reportedly set to invest $500 million in Uber at a valuation of $72 billion
5:23 PM ET Mon, 27 Aug 2018 | 00:51

Toyota is investing $500 million investment in ride-hailing giant Uber in a bid to accelerate autonomous ride-sharing, the companies announced on Monday afternoon.

The investment values Uber, one of the world's most valuable privately held companies, at $72 billion, according to a report in the Wall Street Journal. That's a significant jump from Uber's most recently stated valuation of $62 billion, based on a self-reported tender offer at the end of the first quarter. The company lost $659 million last quarter, marking a wider loss than its first-quarter figure, according to its own report.

Under the deal, the companies will incorporate self-driving technology into vehicles based on Toyota's Sienna minivans, and the companies plan to begin piloting the program in 2021, they said. Toyota has dubbed the platform “Autono-MaaS,” standing for “autonomous mobility as a service.”

In June, Toyota invested $1 billion in Southeast Asian Uber-rival Grab.

Movements at the head of the Mobility Experience and Motorsport Business Lines

Diplômé de l’Ecole supérieure de Physique Chimie Industrielle à Paris et titulaire d’un Master of Science en Arizona aux Etats-Unis, Pascal Couasnon entre en 1987 dans le groupe Michelin. Jusqu’à présent directeur de l’activité Motorsport, Pascal a notamment été vice-président Marketing de Michelin Amérique du Nord, responsable de la communication technique de l’Entreprise mais aussi… Continue reading Movements at the head of the Mobility Experience and Motorsport Business Lines