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Punch Powertrain Technology Selected for PSA's Future Electrified Transmission Systems

May 10, 2018

French 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 ...

Tags: Electrified Transmission Systems, Powertrain

Hyundai Mobis to Test Self-Driving Car in US

Apr 24, 2018

South Korean automotive supplier Hyundai Mobis said it will soon test its autonomous car model, named M.BILLY, in Michigan, US. The testing will be for level 3 and level 4 autonomous driving system development. The company currently has ...

Tags: Self-Driving Car, Hyundai Mobis

Magna, Lyft Partner to Develop Self-Driving Systems

Mar 19, 2018

Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...

Tags: Magna, Self-Driving Systems

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...

Tags: automotive, roof systems, sealing systems

Qualcomm, Nichicon Sign Commercial Wireless EV Charging License Deal

Jul 27, 2017

Qualcomm and Nichicon have signed a wireless electric vehicle charging (WEVC) license agreement. Nichicon will include Qualcomm Halo WEVC technology in its product portfolio and will focus on commercializing WEVC systems for Plug-In ...

Tags: Qualcomm, Nichicon

Bosch to Sell Starters, Generators Unit to China's ZMJ

May 4, 2017

Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...

Tags: Bosch, Motors, Generators

Daimler, Bosch Partner on Automated, Driverless System

Apr 7, 2017

Daimler and Bosch are partnering to speed up the development of self-driving cars. The two companies have signed a development agreement to bring fully automated (SAE Level 4) and driverless (SAE Level 5) driving to urban roads by the ...

Tags: Daimler, Driverless System

Samsung to Buy US Auto Parts Maker Harman for $8bn

Nov 17, 2016

Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...

Tags: Samsung, Auto Parts

Samsung Acquires Connected Car Firm Harman for $8 Billion

Nov 16, 2016

Samsung has acquired connected car tech firm Harman for $8 billion in what is the South Korean company's largest ever acquisition. Harman produces various types of connected technologies for vehicles, and Samsung, which relies heavily on ...

Tags: Samsung, Connected Car

Inteva Products Opens New Technical Center in Bangalore, India

Oct 11, 2016

Inteva Products, an automotive supplier of engineered components and systems, has opened a new technical center in Bangalore, India. The state-of-the-art Center of Expertise expands Inteva’s technical capabilities and footprint in ...

Tags: Inteva, technical center

New Acquisitions Strengthen Continental's Technology Expertise

Oct 11, 2016

The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...

Tags: Continental Corporation, acquisition, technology expertise

Volvo Begins Public Autonomous Driving Experiment in Gothenburg

Sep 20, 2016

Swedish automaker, Volvo has started, Drive Me, a public autonomous driving experiment in the city of Gothenburg. The autonomous Volvo XC90 SUV was finalized in Volvo Cars’ special manufacturing facility in Torslanda and is the ...

Tags: Volvo, Drive Me, public autonomous driving experiment

ZF Increases Profitability in The First Half of 2016

Aug 15, 2016

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

Continental's Brake System MK C1 Debuts in New Alfa Romeo Giulia

Jun 30, 2016

The international automotive supplier Continental supplies Alfa Romeo with its MK C1 for the Integrated Brake System (IBS) of the new Giulia. This marks the first time that the MK C1 electronic brake system enters series production ...

Tags: IBS, intelligent technologies

Coastal Automotive Opens New Facility in West Michigan

Jun 23, 2016

Coastal Automotive, an automotive manufacturer from Southeast Michigan, is expanding production into Holland. Coastal secured the 300,000 square-foot production space at 900 Brooks Ave. The Holland facility is expected to begin operations ...

Tags: Coastal Automotive, IMPAXX

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