Mercedes-Benz is in the midst of a major product offensive. Four of the five models in its compact range have been launched; the news S-Class followed the launch of the E-Class, and at the 2014 Detroit auto show, Mercedes-Benz will unveil the next-generation C-Class. Daimler’s Q3 results showed a 13% year-on-year increase in vehicle sales,… Continue reading Interview: Dieter Zetsche, Chief Executive, Daimler AG and Head of Mercedes-Benz Cars – Automotive World
Tag: Mobility
Faurecia and Hella now christened Forvia
Following the successful takeover of Hella by Faurecia on January 31, 2022, Faurecia and Hella announced the newly combined Group’s name as ‘Forvia.’ The combined entity represents the seventh largest automotive supplier worldwide. Forvia will have strategic oversight of Faurecia and Hella, which will continue to operate as two independent legal companies, closely collaborating to… Continue reading Faurecia and Hella now christened Forvia
06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …
Established in 1999, the CSA has become the basis for numerous indices over the last two decades, evaluating companies across a broad range of metrics and scoring them in three major categories: environmental, social, and governance. “Dana is proud to be in the 90th percentile among our peers in the S&P Global Corporate Sustainability Assessment… Continue reading 06:59 ETDana Scores in 90th Percentile for Automotive Sector on S&P Global Corporate Sustainability AssessmentDana Incorporated (NYSE: DAN) announced …
Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint
Morai, which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 million (25 billion KRW) in a Series B funding round as it wants to increase its global presence, specifically into the U.S., Germany, Japan and Singapore. The fresh capital was… Continue reading Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint
@Groupe PSA: PR Faurecia and HELLA announce the name of the world’s seventh largest automotive supplier003240
Texte Faurecia and HELLA are very pleased to introduce FORVIA, the newly combined Group’s name, following the successful completion of the acquisition of a controlling stake in HELLA by Faurecia on January 31, 2022. Resolutely looking FORward and committed to drive the mobility transition on roads or VIAs, FORVIA is about the movement and the… Continue reading @Groupe PSA: PR Faurecia and HELLA announce the name of the world’s seventh largest automotive supplier003240
@Groupe PSA: PR Faurecia & HELLA: day one of the new combined Group003239
A compelling strategic rationale Faurecia’s acquisition of HELLA is a unique opportunity for two advanced technology companies to accelerate their transformation, achieve critical size and leading positions in Electronics (€7bn of sales by 2025) and Lifecycle Solutions. These two compatible and profitable companies are highly complementary in terms of technology, customer and geographic fit. They… Continue reading @Groupe PSA: PR Faurecia & HELLA: day one of the new combined Group003239
@Groupe PSA: PR What people really think about eco-design and cars…..003238
Mobility has a significant societal and environmental impact. And it’s a topic that consumers are increasingly thinking about. Faurecia set out to explore attitudes to sustainability – lifestyle, mobility, vehicle features – to inform the ways we design, make, distribute, and recycle our products. In 2021 we conducted a large-scale study to evaluate consumer interest… Continue reading @Groupe PSA: PR What people really think about eco-design and cars…..003238
Faurecia & Hella – Day one of the new combined Group
Nanterre (France), February 7, 2022 FAURECIA & HELLADAY ONE OF THE NEW COMBINED GROUP Strong strategic rationale between two highly complementary companies Ambition to reach sales above €33bn, operating margin above 8.5% and c. €1.75bn of net cash flow in 2025 A sustainable governance in place to accelerate collaboration and achieve above €250million in cost… Continue reading Faurecia & Hella – Day one of the new combined Group
The Station: Autonowashing floodwaters are rising, driving the Kia EV6, and Cruise unlocks more Softbank cash
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Autonowashing… Continue reading The Station: Autonowashing floodwaters are rising, driving the Kia EV6, and Cruise unlocks more Softbank cash
Faurecia and Hella announce combined group name as Forvia
Following the successful takeover of Hella by Faurecia on January 31, 2022, Faurecia and Hella announced the newly combined Group’s name as ‘Forvia.’ The combined entity represents the seventh largest automotive supplier worldwide. Forvia will have strategic oversight of Faurecia and Hella, which will continue to operate as two independent legal companies, closely collaborating to… Continue reading Faurecia and Hella announce combined group name as Forvia