Michelin Group has broken ground on a passenger-tire plant in Central Mexico. It is the company's 69th global facility. Michelin Group's CEO Jean-Dominique Senard said: "Our actions here today demonstrate our confidence in Mexico's ...
NVIDIA has introduced its newest system on chip (SoC) to power next generation autonomous vehicles at the Hot Chips conference in Cupertino, California. Speaking at the conference, we revealed the architecture and underlying technology of ...
Tags: NVIDIA, Generation Processors, SoC
Mobileye and Delphi Automotive have partnered to jointly develop a complete SAE Level 4/5 automated driving solution. The program will result in an end-to-end production-intent fully automated vehicle solution, with the level of ...
Tags: Mobileye, Delphi Automotive, SAE Level 4/5 automated driving solution
Recently, Hohhot City Government, DONGFENG and Optimum signed industrial cooperation-frame agreement in Shiyan Hubei. The first batch of 10000 DONGFENG Optimum new energy light trucks will be manufactured in Hohhot. So far there have been ...
Tags: DONGFENG, Hohhot, industrial cooperation-frame agreement
The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
Volvo Cars and ride-hailing company Uber are joining forces for the development of next generation autonomous driving cars. As part of the deal, the companies will start a project that will develop new base vehicles, which can be ...
Tags: Volvo Cars, Uber, autonomous driving cars
Platinum Equity has signed an agreement to acquire Foam Plastic Solutions and Flow Control Devices (FCD) businesses from Broadway Industrial Group. FPS provides protective packaging, insulation and component products to the medical, ...
Cooper Standard has entered into an agreement with AMI Industries to acquire the automotive fuel and brake business of AMI Industries and related companies. The North American business was acquired in this transaction effective August 15, ...
Tags: Cooper Standard, AMI, automotive fuel
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
With a history of more than half a century, fastener production is today one of Taiwan's most globally competitive industries in the southern region. This achievement is attributable to insiders' efforts on moving forwards high value-added ...
Tags: fastener industry, Taiwan
Toray Plastics (America) is set to invest around $45m to expand its Front Royal facility in Warren County, Virginia, US. As part of the expansion, the firm will add extrusion capability and a new production line to the facility, helping ...
Tags: Toray Plastics, Terry McAuliffe, polyolefin
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Austrian aluminium producer Amag rolling has selected Primetals Technologies to upgrade the drive technology on the four-high cold rolling stand at its facility in Ranshofen in a bid to increase availability. As part of the deal, ...
Tags: Ranshofen, AMAG, converters
Innoviz Technologies, an Israeli startup developing advanced sensors and systems enabling fully autonomous vehicles, has raised $9m in Series A financing round. Investors include Mr. Zohar Zisapel, Vertex Venture Capital, Magma Venture ...
Tags: Innoviz Technologies, optimal sensing, LiDAR
The payoff of Taiwanese fastener makers' effort on going upmarket is a major growth drive for the industry's sustainable development (in the photo are the high-strength, quality-approved bolts and fixings for rail construction). Although ...
Tags: Fastener, industrial parts