Top Automotive Industry News for Week of April 23 – April 29, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018

BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

Solid-State LiDAR from Magna & Innoviz for BMW Group

On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and its partner, Innoviz Technologies, will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms. Magna and its partner, Innoviz Technologies, will… Continue reading Solid-State LiDAR from Magna & Innoviz for BMW Group

France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation

The ongoing trend of consolidation in the world of ridesharing continues apace, with the latest development coming out of Europe. BlaBlaCar, the French carpooling platform, is acquiring Less, a young carpooling platform based in Paris and focusing only on urban rides, paying drivers on a per-kilometer rate to incentivize them. The financial terms are not… Continue reading France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation

Combustion and electric drive: Conti checks IPO of its drive division

All articles and backgrounds 04/27/2018 Combustion and electric drive Conti checks IPO of its drive division DPA Continental: Possible tripartite conversation The auto supplier Continental is considering outsourcing its propulsion business and taking some of it to the stock market. CEO Elmar Degenhart said on Friday before the shareholders, Conti continue to expand the division,… Continue reading Combustion and electric drive: Conti checks IPO of its drive division

UPDATE 1-Autoliv Q1 profit lags forecast ahead of split

(Adds detail, background, share price) STOCKHOLM, April 27 (Reuters) – Autoliv , the world’s largest maker of airbags and seatbelts, reported quarterly earnings just below market expectations on Friday and said it would not deliver financial guidance for the group ahead of its impending split. The Swedish automotive supplier said its first-quarter operating profit rose… Continue reading UPDATE 1-Autoliv Q1 profit lags forecast ahead of split

BMW: Innoviz & Magna

The sensors from BMW come from Innoviz and Magna, according to the new contracts. In terms of Lidar refers to the manufacturer BMW his supply of Innoviz or Magna. Magna Icon Radar. Source: Magna BMW should from now on its Lidarsensorik of Innoviz got a lidar manufacturer out Israel, These cooperate including with the supplier… Continue reading BMW: Innoviz & Magna

FAURECIA : 2017 registration document

 News releaseNanterre (France), April 27, 2018Faurecia 2017 registration documentFaurecia filed its 2017 registration document with the French Autorité des Marchés Financiers on April 26, 2018.It is available for consultation on the corporate website of the Company:www.faurecia.com/en/finance/amf-regulated-informationas well as on the website of the AMF : www.amf-france.org.The registration document contains:the annual financial report ;information on the fees… Continue reading FAURECIA : 2017 registration document

News Release – Magna Wins LiDAR Business With BMW Group

Please click HERE for a PDF version of the release. One of the first serial production contracts for solid-state LiDAR Supports up to L4 and L5 self-driving systems across multiple vehicle platforms Solid-state LiDAR from Innoviz Technologies meets automotive standards in a compact size and at a competitive cost AURORA, Ontario, April 26, 2018 (GLOBE… Continue reading News Release – Magna Wins LiDAR Business With BMW Group

News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China

Please click HERE for a PDF version of the release. JV has been awarded door modules business with German OEM New facility planned for the Beijing area 100 new jobs expected, production to begin in 2021 BEIJING, April 26, 2018 (GLOBE NEWSWIRE) — A new joint venture between Magna and Beijing Hainachuan Automotive Parts Co.,… Continue reading News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China