Company News
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Company News
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Audi Q8 to Launch on European Market in Third Quarter of 2018
Jun 11, 2018The Audi Q8 is scheduled to be launched on the European market in the third quarter of 2018. Richly equipped, comprehensively connected and tough enough for off-road duty, it is a confident companion for business and leisure. Versatile, ...
Tags: European Market, Audi Q8
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Daimler Trucks & Buses Opens New Automated Truck Research & Development Center in US
Jun 11, 2018Daimler Trucks & Buses has established an automated truck research & development center in Portland, Oregon. This innovation facility is already working in close cooperation with existing development functions for automated driving in ...
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Volvo Cars Sets New Goal for Autonomous Driving Cars
Jun 11, 2018Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars. The company said that half of its driverless cars will be ...
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BMW M Presents Another Limited-Run Special-Edition Model
May 24, 2018BMW M is presenting another exclusive, limited-run special-edition model in the shape of the new BMW M3 CS. BMW M3 CS’s fuel consumption combined: 8.5 l/100 km or 34.0 mpg; CO2 emissions combined: 198 g/km. With its accentuated ...
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Mercedes-Benz to Invest €500m to Produce Electric Compact Car at French Plant
May 24, 2018Mercedes-Benz Cars is extending its capacities for electric cars in Europe with an investment of about €500m to manufacture electric compact car at Hambach plant in France. The Hambach plant in France will produce a compact electric ...
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BMW Secures Autonomous Driving Road Test License in China
May 21, 2018BMW Group has become the first international auto maker to secure an autonomous driving road test license in China. The Intelligent Connected Vehicle Road Test Promotion Team - consisting of Shanghai Municipal Commission of Economy and ...
Tags: BMW, Autonomous Driving
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Osram Boosts Efficiency of Green LEDs by 40%
May 18, 2018Osram Opto Semiconductors GmbH of Regensburg, Germany has succeeded in reducing the typical forward voltage by about 600mV to 2.6V (at a power density of 45A/cm2) in its indium gallium nitride (InGaN)-based green direct-emitting LEDs. With ...
Tags: Osram, Green LEDs
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Hyundai Invests in Metawave to Build Intelligent Radars for Autonomous Vehicles
May 18, 2018Hyundai CRADLE, the venture capital wing of Hyundai Motor has invested in Metawave to help develop smart automotive radar platforms. Hyundai autonomous vehicles will be equipped with next-generation radar systems. Metawave uses adaptive ...
Tags: Autonomous Vehicles, Hyundai
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Biscuit International Buys Northumbrian Fine Foods
May 18, 2018Biscuit International has acquired UK-based gluten and milk-free biscuit manufacturer Northumbrian Fine Foods (NFF) from CriSeren Foods. NFF produces Prewett’s range of branded biscuits and also supplies supermarket own-label ...
Tags: Biscuit, Fine Foods
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Mercedes-Benz Kecskemet Plant Starts Production of New A-Class
May 17, 2018German automaker Daimler has started production of its Mercedes-Benz A-Class vehicle at the Mercedes-Benz Kecskemét plant in Hungary. This makes the Hungarian plant, about 90 km in the south of Budapest, the second location ...
Tags: Mercedes-Benz, A-Class
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Lowlander Beer Unveils First Steps Into Asian Market
May 17, 2018Dutch brewing company Lowlander Beer has expanded its distribution footprint to Hong Kong, marking its entry into Asia. Amsterdam based botanical brewer Lowlander Beer sets sail to open-up the minds (and palates) of like-minded explorers ...
Tags: Lowlander Beer, Asian Market
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Aston Martin to Unveil Lagonda SUV in 2021
May 14, 2018Aston Martin has said that it will launch an all-electric SUV in 2021 under the Lagonda marque. The Lagonda SUV is claimed to be the first luxury SUV to drive exclusively on zero emission powertrain technologies. It is expected to ...
Tags: Aston Martin, Lagonda SUV
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Punch Powertrain Technology Selected for PSA's Future Electrified Transmission Systems
May 10, 2018French automaker Groupe PSA has selected Punch Powertrain to deliver new generation of patented e-DCT systems by 2022, as part of its electrification push. Groupe PSA has been actively accelerating its shift to electrified vehicles ...
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Unilever Unveils 20 Innovations Across Five Ice Cream and Frozen Novelty Brands
May 10, 2018Consumer goods giant Unilever has launched 20 new frozen treats in the US across its Breyers, Good Humor, Klondike, Magnum Ice Cream and Popsicle packaged ice cream and frozen novelty brands. The company has unveiled the all-new Magnum ...
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Nestle Agrees to Pay $7.15bn to Sell Starbucks Products
May 10, 2018Nestlé has agreed to acquire rights to market Starbucks consumer and foodservice products globally, outside of the latter’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in ...
Tags: Nestle, Starbucks Products
