Varroc Group’s MD, Tarang Jain: “Turkey is going to be a key market. Its car industry is 1.7 million units strong.” Homegrown auto component major Varroc Engineering is set to take a couple of steps aimed at strengthening its lighting business and entering into a new space. The Aurangabad-headquartered company is set to acquire a… Continue reading Varroc set to acquire Turkish lighting equipment supplier, also partner Italian co for EFI
Tag: Strategy
Daimler partner presses ahead with autonomous shuttle: autonomous, electric, Russian – the prestige bus from Kamaz
All articles and backgrounds 06/19/2018 Daimler partner pushes ahead with autonomous shuttle Autonomous, electric, Russian – the prestige bus from Kamaz REUTERS Kamaz shuttle on the way in Kazan REUTERS Interior view of the WM shuttle from Kamaz Kamaz demonstrates: The Russian truck manufacturer brings to the World Cup a driverless, electrically powered bus on… Continue reading Daimler partner presses ahead with autonomous shuttle: autonomous, electric, Russian – the prestige bus from Kamaz
Volvo Group appoints Jan Ytterberg as new financial director
Posted 06/19/2018 11:27:11 CET GÖTEBORG (SWEDEN), 19 Jun. (EUROPA PRESS) – The industrial consortium Volvo has appointed Jan Ytterberg as the company’s new financial director to replace Jan Gurander, who had been combining this responsibility with that of the company’s vice president, Volvo Group said in a statement. With this appointment, the company plans to… Continue reading Volvo Group appoints Jan Ytterberg as new financial director
Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Forming two Joint Ventures with Beijing Electric Vehicle Co.Facility can support up to 180,000 annual vehicle capacityJV is capable of supporting the needs of additional customersSHANGHAI, China, June 18, 2018 (GLOBE NEWSWIRE) — Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing… Continue reading Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
One of the auto industry’s first 48-volt mild-hybrid transfer casesAchieves up to 10% CO2 savings compared to a two-wheel drive systemCan be easily integrated into existing drivetrainsSAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) — Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other… Continue reading Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
Groupe PSA: Joint press release from the Supervisory Board and from the Managing Board
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Jean-Baptiste de Chatillon, Member of the Managing Board and CFO of Groupe PSA (Paris:UG), has decided to leave the company for personal reasons. He will be replaced by Philippe de Rovira, currently CFO of Opel Vauxhall. Both decisions will be effective as of August 1st. “The Supervisory Board thanks Jean-Baptiste de Chatillon… Continue reading Groupe PSA: Joint press release from the Supervisory Board and from the Managing Board
TLS GmbH: New Mazda dealership in Bornheim
The car entrepreneurs Tim te Laak and Thomas Schmitz are expanding their business with another Japanese vehicle brand. TLS GmbH is growing Mazda, Next weekend (22nd and 23rd June 2018), the trading company in Bornheim, on the outskirts of Bonn, opens a new car dealership of the Japanese brand. In the Business Park South, a… Continue reading TLS GmbH: New Mazda dealership in Bornheim
The BMW Group and CRITICAL Software are expanding their cooperation
Munich. Following successful collaboration in the past, the BMW Group and CRITICAL Software are now planning a strategic expansion of their cooperation. The two companies have reached an agreement to form a joint venture entitled Critical TechWorks, subject to examination of and approval from the relevant competition authorities. By creating this joint venture, the BMW… Continue reading The BMW Group and CRITICAL Software are expanding their cooperation
Ford’s Autonomous Car Chief Eyes the Next 100 Years
At Ford World Headquarters, a 12-story 1950s-era edifice for 3,000 of the company’s 160,000+ global employees, there’s a statue of Henry Ford and a car showroom featuring the company’s greatest hits, from the oldest surviving Model A (1903) to Executive Chairman Bill Ford’s 2017 GT Supercar performance vehicle. The showroom doesn’t yet feature a self-driving… Continue reading Ford’s Autonomous Car Chief Eyes the Next 100 Years
Press Release – Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Please click HERE for a PDF version of the release. Forming two Joint Ventures with Beijing Electric Vehicle Co. Facility can support up to 180,000 annual vehicle capacity JV is capable of supporting the needs of additional customers SHANGHAI, China, June 18, 2018 — Magna today announced its intention to form two new joint ventures… Continue reading Press Release – Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China