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China’s central government plans to implement a new policy in the first half of this year to encourage autoindustry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. China Daily.
delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America.
The Volkswagen Group is launching a major electro-mobility campaign in China—the the biggest initiative for e-mobility in China’s automotive history, said Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. earlier post ) and e-Golf ( earlier post ) models. billion (US$25.1
The autoindustry in principle is not opposed to the introduction of such mid-level blends (i.e., The group is using EPA recommendations to assess numerous test plans. The Research Coordination Group has now identified critical information gaps, as well as research overlaps, opportunities for collaboration and funding needs.
At the Geneva Motor Show and now at the IT trade fair CeBIT in Hanover, Germany, Volkswagen Group executive management has begun to outline its “Future Tracks” program which will address, among other things, what Chairman of the Board of Management Prof. We need a voluntary commitment by the automobile industry. billion (US$5.3
Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new autoindustry in Croatia. —Hyundai Group Executive Vice President Thomas Schemera. Earlier post.)
Led by the Department of Energy, the task force would include federal and state regulators, standards organizations, utilities, environmental groups, consumer groups and electric drive industry stakeholders. Under the American Recovery and Reinvestment Act, $2.4
assess impacts of each trade agreements as well as their cumulative impact on competitiveness of the automotive industry in a thorough and comprehensive way. The IWVTA would offer the benefit to manufacturers to use a “one-shop stop” type-approval procedure for their motor vehicles.
ACEA members are BMW Group, DAF Trucks, Daimler, FIAT Group, Ford of Europe, General Motors Europe, Jaguar Land Rover, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Toyota Motor Europe, Volkswagen and Volvo.
Only 24% agreed that the 2025 CAFE target could be reached used currently available technologies, and only 25% agreed that the CAFE target would not jeopardize the safety of future vehicles.
HASCO Group, a member of SAIC Group, is a comprehensive automotive parts system integration supplier providing advanced technologies, reliable products and high-quality services to major OEMs worldwide for more than 30 years, covering 40+ business fields.
and the investment into Action Composites International; and obtained Multi-axial Non Crimp fabric technology used as base material for the RTM method through the acquisition of TK Industries in order to strengthen the carbon fiber intermediate materials business for automobile application.
Chrysler Group LLC has entered a 5-year, $18.2-million For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other autoindustry leaders worth a combined $24 million. Chrysler Group will invest $9.25
BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America.
It will provide digital technology and consulting services, specifically in the fields of SAP S/4HANA and cloud services primarily for Audi and the entire Volkswagen Group. XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks.
China-based Ningbo Tuopu Group Co. Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported.
However, at that time, the German autoindustry felt confident that it could continue to mainly produce and sell ICE (internal combustion engine) vehicles in Germany while at the […]
In driver assistance technologies, Germany takes three of the top five innovator spots: Bosch leads the group while Daimler and Continental come in fourth and fifth, respectively. Toyota and Hyundai take the second and third places. GM is the top innovator in Telematics, followed by Hyundai, Marvell (US), LG and Denso.
Divergent 3D has entered into a strategic development partnership with SLM Solutions Group, a manufacturer of 3D metal printing equipment. SLM Solutions Group is engaged in the development, production and distribution of selective laser melting systems, which create three-dimensional objects from metal powders.
Based on the results of the study, CAR believes the economic risk to the autoindustry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
Our Modular Transverse Toolkit already proved Volkswagen is one of the most successful platform developers in the autoindustry. By the end of 2022, four Group brands will be ramping up 27 MEB models worldwide, ranging from compact cars to the lifestyle Bulli. This Wallbox is an affordable home system that makes charging the ID.
Last week, I reported on BYD’s climb up the ranks of the top selling automakers or autogroups in the world. That is a bit of a tricky business because of the non-100% partnerships between different companies to create “groups” and “alliances” and joint ventures. However, one clear ranking that.
Tata Group, the parent company behind Jaguar and Range Rover , is set to announce a new EV battery plant in West England. more… The post Jaguar, Range Rover owner picks new EV battery site, could secure UK autoindustry appeared first on Electrek.
VW Group stays on the top of the list with a US$100.5-billion Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry.
The BMW Group, Intel and Mobileye will bring Delphi onboard as a development partner and system integrator for the autonomous driving platform currently under development. The partnership between BMW, Intel and Mobileye continues to break new ground in the autoindustry. Earlier post.).
Groupe Renault and Brilliance China Automotive Holdings Limited have signed a contract for the formation of a joint venture to manufacture and sell light commercial vehicles (LCV) under the Jinbei, Renault and Huasong brands with the goal of achieving 150,000 sales annually by 2022 and an acceleration of electrifying powertrains.
Embracing the outcome of the German National Diesel Forum earlier this week ( earlier post ), the Volkswagen Group announced that it will offer a trade-in incentive for Euro 1 - Euro 4 diesel models which will apply across all brands in the Group. The autoindustry and the Federal government will each contribute €250 million.
ACEA represents the 15 Europe-based car, van, truck and bus manufacturers: BMW Group, DAF Trucks, Daimler, Fiat Chrysler Automobiles, Ford of Europe, Hyundai Motor Europe, Iveco, Jaguar Land Rover, Opel Automobile, PSA Group, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea. million units by 2030.
A new national poll of likely voters conducted by the Mellman Group found that 74% of likely voters favor having “ the federal government require the autoindustry to increase average fuel efficiency…to 60 miles per gallon by the year 2025.” It was conducted via telephone between 8-13 September.
In 2010, Global Automakers worked with lawmakers, the National Federation of the Blind, the American Council of the Blind, and other autoindustrygroups on the Pedestrian Safety Enhancement Act which directed NHTSA to undertake this rulemaking. —Michael Cammisa, director of safety for Global Automakers.
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
General Electric (GE) and the Naza Group of Companies signed a memorandum of understanding (MoU) to explore potential collaboration in electrical vehicles, sustainable property development and healthcare services in Malaysia.
Ford plans to survey 35 top global suppliers on their energy use and estimated greenhouse gas emissions as part of a broader effort to reduce carbon emissions within the autoindustry. Tony Brown, Ford group vice president, Global Purchasing. Ford is the only automaker participating in both initiatives.
Although there are no plans for production of the study, as part of the process, Tata Technologies Vehicle Programs & Development (VPD) Group engineered a manufacturing solution and completed an assembly plant study with targeted MSRP of $20,000, before rebates. —Kevin Fisher.
Rivian is the only one of a group of well-funded upstart EV makers to have a strong presence in the traditional heart of the American autoindustry—the Detroit area.
Many in the autoindustry have fought back against these proposals because they would force automakers and other companies to provide diagnostic tools and other resources to independent repair shops.
The United States Advanced Battery Consortium LLC (USABC), a collaborative organization operated by Chrysler Group LLC, Ford Motor Company and General Motors, has reopened four requests for proposal information (RFPIs) for the development of advanced high-performance batteries for vehicle applications.
believes the autoindustry may be nearing a new turning point at which thermoplastic composites could replace steel in the body frame of the car. Magna International Inc.
The full list of US DRIVE partners includes: Autoindustry: United States Council for Automotive Research LLC (the collaborative research company for Chrysler Group LLC, Ford Motor Company, and General Motors) and Tesla Motors.
As the autoindustry awaits an EPA proposal for the next round of emissions rules for internal-combustion vehicles, an environmental advocacy group argues that similar standards should be applied to EVs.
The Puma was Ford’s best-selling passenger vehicle in Europe in 2021, and the all-electric Puma will bring this successful new nameplate to an even wider group of European customers when it goes into production in Craiova in 2024.
USAMP, a collaborative organization of Chrysler Group LLC, Ford Motor Company and General Motors, will work in cooperation with the A/SP on the project to demonstrate the applicability of ICME for the development and deployment of 3GAHSS for passenger vehicle weight reduction. Earlier post.). and General Motors Co.
Stellantis and Hon Hai Technology Group (Foxconn) announced the creation of SiliconAuto, a 50/50 joint venture dedicated to designing and selling a family of state-of-the-art semiconductors to supply the automotive industry, including Stellantis, starting in 2026.
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