TomTom share buyback periodic update, 23-30 March Amsterdam, 31 March 2020, 7:30 CEST – TomTom (TOM2) today announced that it has repurchased 1,202,912 ordinary TomTom shares at an average price of €6.69 per share in the period from 23 March 2020 up to and including 30 March 2020. The aggregate consideration of this repurchase was… Continue reading TomTom share buyback periodic update, 23-30 March
Tag: Mobility
@BMW: BMW Group uses Blockchain to drive supply chain transparency
Munich. The BMW Group is using innovative digital technologies to optimise its processes. A good example of this is Blockchain, a technology that enables tamper-proof data sharing, with potential applications throughout the entire automotive value chain. The BMW Group is using this technology in purchasing to ensure the traceability of components and raw materials in… Continue reading @BMW: BMW Group uses Blockchain to drive supply chain transparency
@BMW: The Efficient Dynamics success story: BMW writes the next chapter.
Munich. With the introduction of its Efficient Dynamics technology package back in 2007, the BMW Group created a concept that remains unrivalled in the automotive industry to this day. It centered on consistently reducing fuel consumption – and thereby CO2 emissions – on the one hand, while steadily increasing driving pleasure on the other. As… Continue reading @BMW: The Efficient Dynamics success story: BMW writes the next chapter.
03/26/2020MAHLE and Triumph cooperate in the manufacture of face masks
MAHLE and Triumph cooperate in the manufacture of face masks
Stuttgart, March 26, 2020 – MAHLE and the underwear manufacturer Triumph Holding AG (Bad Zurzach – “Triumph”) are joining forces to manufacture face masks. MAHLE is providing a filter medium that is FFP3 rated and absorbs viruses. Production of the respiratory masks at Triumph is starting immediately. The masks, that can also be used in the medical sector, will be supplied to the authorities.
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Press release [PDF; 16 KB] MAHLE filter medium protects against virusesUltra-fast project completion and production launchProduction capacity slated at 1.5 million masks per month“At MAHLE we are currently exploring all means available to us to help in this emergency situation – with our technical know-how, test labs, clean rooms, and also our production facilities. Within a very short time, together with Triumph we have checked the feasibility of manufacturing face masks, produced prototypes, and set up the supply chain and the producton process. This is testament to the outstanding commitment of everyone involved whom I would like to thank most sincerely”, says Dr. Jörg Stratmann, Chairman of the Management Board and CEO of MAHLE.
At the same time, MAHLE is also examining the possibility of additionally producing hot-formed masks in-house as well employing 3D printers to manufacture components for face masks as well as other medical equipment.
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 2018, the group generated sales of approximately EUR 12.6 billion with more than 79,000 employees and is represented in over 30 countries with 160 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, more than 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact:MAHLE GmbH
Ruben Danisch
Corporate Communications/Public Relations
Pragstraße 26 – 46
70376 Stuttgart, Germany
Phone: +49 711 501-12199
Fax: +49 711 501-13700
ruben.danisch@mahle.com
@VW Group: Increasing demand for electric mobility in Germany: Significant growth for e-up! and Passat GTE
Volkswagen is focussing on stepping up electric mobility and is significantly expanding its range of fully electric models and hybrids. Even before the launch of the new ID.3 this summer, the demand for electric mobility has considerably increased in Germany: already every second order for the up! model series is for the fully electric version,… Continue reading @VW Group: Increasing demand for electric mobility in Germany: Significant growth for e-up! and Passat GTE
@Toyota: Toyota Releases Sales, Production, and Export Results feb 2020
Toyota City, Japan, Mar 30, 2020 – (JCN Newswire) – Toyota Motor Corporation (TMC) announces its sales, production, and export results for February 2020 as well as the cumulative total from January to February 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. February 2020 Sales Results Toyota– Worldwide sales: Second… Continue reading @Toyota: Toyota Releases Sales, Production, and Export Results feb 2020
@Toyota: Toyota Acknowledges Tencent Keen Security Lab’s Initiatives for Improving Automotive Cybersecurity
Vehicle performance, including the security of connected technology systems, is a top priority for Toyota. Consistent with that commitment, Toyota engages with security researchers and other vehicle manufacturers regarding vehicle and enterprise cybersecurity. With its mission to help enhace road safety through advanced research on emerging technologies, Tencent Keen Security Lab (Keen Lab), a globally… Continue reading @Toyota: Toyota Acknowledges Tencent Keen Security Lab’s Initiatives for Improving Automotive Cybersecurity
Geely reports profit of 8.26 billion RMB in 2019, down 34%
Geely Automobile released its financial results for 2019, reporting a revenue of 97.4 billion RMB (Rs 102,952 crore), down 8.63 percent, net profit of 8.26 billion RMB (Rs 8,730 crore), down 34 percent. Despite challenging condition globally, Geely Auto says it continued to remain the sales champion among Chinese brands for the third consecutive year… Continue reading Geely reports profit of 8.26 billion RMB in 2019, down 34%
Yamaha Motor and Tier IV set up JV for autonomous transportation service
Yamaha Motor Co and Tier IV launched ‘eve autonomy’, a joint-venture company based in Shizuoka Prefecture, Japan. This will develop an autonomous transportation service to help Yamaha Motor and other companies address chronic labour shortages and growing needs for high-mix low-volume production. Beginning in April, ‘eve autonomy’ will begin offering easily implemented solutions that combine… Continue reading Yamaha Motor and Tier IV set up JV for autonomous transportation service
Wunder Mobility Acquires Keaz
Germany-based Wunder Mobility acquired the technology and staff of Australia-based Keaz, a car-sharing and rental technology provider. The amount of the deal was not disclosed. As part of the deal, Keaz team members, including founder and CTO Tim Bos, will be joining the Wunder Mobility team as it continues to invest in further development of… Continue reading Wunder Mobility Acquires Keaz