Nissan’s first City Hub has been unveiled today, marking a new approach to dealerships for the manufacture. The new approach sees the convergence of e-commerce and a concept store. It is making its debut in Velizy 2, a shopping center just outside Paris. The Nissan City Hub features 88m2 of screen surface and displays, five… Continue reading Nissan unveils new City Hub dealership concept in Paris
Tag: Strategy
UPDATE 3-Parts maker ZF Friedrichshafen positions for driverless cars with $7 bln deal for Wabco
FRANKFURT (Reuters) – German auto parts maker ZF Friedrichshafen has agreed to buy U.S. rival Wabco for over $7 billion, an acquisition it has long targeted to bolster its expertise in autonomous-driving technologies. The all-cash deal, announced by the two companies on Thursday, is for $136.50 per share. That represents a 13 percent premium to… Continue reading UPDATE 3-Parts maker ZF Friedrichshafen positions for driverless cars with $7 bln deal for Wabco
Capgemini research shows AI will drive profitability in automotive
The Capgemini Research Institute has found that just 10% of major automotive companies are implementing artificial intelligence (AI) projects at scale, despite evidence that the technology could add millions to their profits. A study carried out by the research body found that AI could increase the operating profit of businesses in the sector by up… Continue reading Capgemini research shows AI will drive profitability in automotive
Nissan CEO says he has not heard about possible bid for FCA
FILE PHOTO: Nissan Motor Co Ltd Chief Executive Hiroto Saikawa speaks at a news conference in Yokohama, in this photo taken by Kyodo February 12, 2019. Mandatory credit Kyodo/via REUTERS TOKYO (Reuters) – Nissan Motor Co CEO Hiroto Saikawa said on Thursday he was not aware of discussions about the possibility that its French partner… Continue reading Nissan CEO says he has not heard about possible bid for FCA
Faurecia And Michelin To Create A Global Leader In Hydrogen Mobility – PRNewswire
AUBURN HILLS, Mich., March 11, 2019 /PRNewswire/ — Michelin, world leader in tyres and sustainable mobility, and Faurecia, technology leader in the automotive industry, announced today the signature of a Memorandum of Understanding to create a joint venture bringing together all of Michelin’s fuel cell related activities – including its subsidiary Symbio – with those of… Continue reading Faurecia And Michelin To Create A Global Leader In Hydrogen Mobility – PRNewswire
Press: ZF acquires mobility provider 2getthere
“2getthere has more than three decades of experience in the market for autonomous passenger transport vehicles as well as unique engineering and software competences. This acquisition supports our strategy to become a leading autonomous transportation systems supplier in the booming new mobility market”, said Wolf-Henning Scheider, Chairman of the Board of Management at ZF Friedrichshafen… Continue reading Press: ZF acquires mobility provider 2getthere
UPDATE 3-Ford to leave Russian car market, cede control in joint venture
MOSCOW (Reuters) – Ford Motor Co’s Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country’s passenger vehicle market, resulting in charges of about $450 million to $500 million. FILE PHOTO: Employees make a final check of a Ford Focus at a Ford Sollers, U.S. carmaker… Continue reading UPDATE 3-Ford to leave Russian car market, cede control in joint venture
AxleTech and Agility Fuel Solutions partner for CV electric powertrain battery technology
Michigan-headquartered AxleTech, which engineers, designs, manufactures, sells and services powertrain solutions for on- and off-highway heavy-duty commercial vehicles, has entered into a strategic agreement with Agility Fuel Solutions, the leading global provider of clean fuel solutions for medium- and heavy-duty commercial vehicles.
The two companies plan to combine their respective processes and technologies to deliver highly refined vehicle controls systems for the most advanced electric vehicle (EV) powertrains developed.
“The desire for electric powertrain solutions is growing rapidly in the commercial vehicle market, and AxleTech is ready to lead the way,” said Bill Gryzenia, CEO, AxleTech. “Agility brings extensive experience to the table with their knowledge of integrating systems into trucks, their controls experience for commercial trucks, and their approach to battery packaging for the commercial vehicle market. Strategic alliances like this one are what enables us to offer a complete integrated electric powertrain solution for medium- and heavy-duty trucks.”
“Agility is honored to work with AxleTech in this effort to meet the demand for electrification,” said Todd Sloan, Agility’s SVP – Innovation & New Business Development. “AxleTech’s next-generation e-powertrain combined with their knowledge and proficiency in powertrain applications make them an ideal partner for strategically driving the commercial transportation industry.”
As part of this strategic alliance, Agility will contribute high-voltage, liquid-cooled, lithium-ion battery packs specifically engineered for the intensive demands of CV applications. Modular in design, these batteries are the lightest and most compact liquid-cooled battery packs available for medium- and heavy-duty trucks. Complementing some of AxleTech’s electric powertrain solutions that fit within current chassis, suspension, and wheel end envelopes, Agility batteries are configurable to chassis requirements and contain external interface points designed to ease installation and service. The collaboration also supports AxleTech’s power-source agnostic approach thanks to Agility’s experience working with a variety of transportation fuels including battery electric energy storage and delivery systems.
AxleTech plans to introduce several EV product breakthroughs in April, including:
– An off-highway electric axle at Bauma, April 8-14 in Munich, Germany.
– One of the most efficient electric powertrains in the world for Class 6 through 8 trucks, as well as the most compact and powerful electric powertrain system for low-floor bus applications at the ACT Expo, April 23-26 in Long Beach, California.
– Partner on a demo electric tactical wheeled vehicle at the IDEF show, April 30-May 3 in Istanbul, Turkey.
Nissan committee says facts point to legal violations by former chairman Ghosn
YOKOHAMA, Japan (Reuters) – An external committee tasked with recommending ways to improve governance at Nissan Motor Co said on Wednesday there were sufficient facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as… Continue reading Nissan committee says facts point to legal violations by former chairman Ghosn
Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia
Supporting Ford’s global redesign strategy to strengthen its leadership in commercial vehicles and growth in Europe, Ford and its partner, Sollers PJSC, confirm the restructuring of their Russian joint venture A restructured Ford Sollers will build on Ford Transit strength as Russia’s top-selling, non-domestic commercial vehicle nameplate and maintains a strong brand presence in the… Continue reading Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia