Huawei and Groupe PSA have debuted a DS 7 CROSSBACK, the first connected vehicle, at the Hannover Messe 2018. The vehicle is the result of their partnership covering all of the Group's connected vehicles, announced in November 2017. ...
Tags: Huawei, Groupe PSA
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) says that its Beijing manufacturing facility has earned ISO/TS 16949 qualification for testing and ...
Tags: Qorvo, Automotive
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
The UK Government is investing £35m in an expanded automotive business zone in Whitley, near Coventry. The move is expectd to create about 3,000 engineering and advanced manufacturing jobs. The investment will also improve ...
Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
British luxury car-maker TVR has confirmed that it will build a new factory in the Ebbw Vale Enterprise Zone in South Wales. The project will provide about 150 new high skilled jobs. Apart from creating new jobs, setting up the factory ...
Tags: TVR, Ebbw Vale Enterprise Zone, Sports Cars, Wales
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
Renesas Electronics America, a premier provider of advanced semiconductor solutions, today announced a new, comprehensive, vehicle-level driving platform to accelerate autonomous and automotive driving innovation. Working in close ...
Tags: semiconductor, automotive driving, sensor
Sony is reportedly planning to venture into the automotive market after Google and Apple. The company is open to collaborate with traditional automakers and said that the advent of electric cars has lowered entry barriers for new ...
Tags: automotive market, Sony, electric cars