This month sees the launch in Grenoble, France of the three-year, €7.2m European Union ‘Horizon 2020’ project ModulED, which brings together 10 European research institutes, key members of the automotive-industry value ...
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle
Mazda Motor started production of the new CX-5 crossover at its Hofu Plant No. 2 in Yamaguchi Prefecture to meet the growing global demand for crossovers. Until now the CX-5 has been produced at the company’s Hiroshima Plant and at ...
Tags: Mazda Motor, CX-5 crossover
Japanese automaker Toyota will be showcasing its new Concept-i series at Tokyo Motor Show 2017, which will be held from 25 October through 5 November. The Concept-i series includes two vehicles, the Concept-i and Concept-i RIDE. These two ...
Tags: Toyota, Tokyo Motor Show 2017
NPD has declared the Spin Master and Nickelodeon property the hottest toy property of last month as Sea Patrol continues to hit sales high notes. PAW Patrol has been named the number one toy property for the month of September, according ...
Tags: Spin Master, Toy
Technology company Continental has developed a central input device to further advance the development of automated driving. The Smart Control input device informs vehicle occupants if automated driving or manual driving is possible and ...
Tags: Continental, Automated Driving
German luxury automaker BMW will be investing EUR400m to expand its its FIZ research and innovation centre in Munich. The “FIZ Future” masterplan, which was developed as part of an urban development competition, will expand ...
Tags: BMW, luxury automaker
Japanese auto components supplier Denso is investing $1bn in its Maryville, Tennessee location in the US as part of its commitment to advancing automotive innovation in North America. The investment will focus on vehicle electrification ...
Tags: Denso, auto components
The automotive lighting market is rising at a compound annual growth rate (CAGR) of 5.7%, from $25.7bn in 2016 to nearly $27.7bn in 2017 and $35.9bn in 2022, estimates market research firm Yole Développement in its report ...
Tags: Automotive LED lighting, LED
General Motors (GM) has is advancing self-driving vehicle deployment acquired with the purchase of Strobe. Financial details about the deal were not disclosed. As part of the acquisition, Strobe’s engineering team will be ...
Market insiders noted that TSMC (Taiwan Semiconductor Manufacturing Co.), the world's largest semiconductor foundry headquartered in Taiwan, will see a strong revenue performance as the firm won massive orders from multinational ...
Tags: TSMC, semiconductor
Automaker Ford Motor is targeting $10bn in incremental material cost reductions and lower engineering costs by $4bn from planned levels over the next five years. Ford’s newly appointed CEO and president Jim Hackett noted that the ...
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General Motors has stated that it plans to introduce at least 20 electric vehicles by 2023, as part of its vision of world with zero crashes, zero emissions and zero congestion. In the coming eighteen months, the American automaker plans ...
Tags: GM, Electric Vehicles
British automaker Jaguar Land Rover has launched its first ever zero emission plug-in hybrid electric vehicle, the new Range Rover Sport. The plug-in hybrid offers a total power of 404hp (297kW). It is claimed to have a fuel economy of ...
Tags: aguar Land Rover, Electric Vehicle
Automakers Toyota and Mazda and auto components supplier Denso have signed a joint technology development contract for electric vehicles. The new company has been named EV C.A. Spirit Corporation to efficiently implement joint ...
Tags: Toyota, Mazda, Electric Vehicles