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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.
Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. social impacts of restructuring. of around 16% of GDP to as much as 20% by 2020.
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. Information technology has been a key component of the automobile industry for some time.
Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
Automation expert ABB and China’s leading automotive parts supplier, HASCO, are forming a joint venture to drive the next generation of smart manufacturing in China’s automotive industry. Both parties agreed not to disclose any further details about the investment.
Clearly CAFE regulations have confronted the industry, but they’ve also driven focus around technology needs, material demands and cost issues. This is a defining moment—not just for materials, but for the industry. L/100 km) was negotiated to 54.5 —David Glasscock, DuPont global automotive technology director.
The autoindustry in principle is not opposed to the introduction of such mid-level blends (i.e., The industry also has suggested that rather than make incremental changes to the amount of ethanol blended with gasoline to increase ethanol consumption, a better investment would be to expand the E85 infrastructure. Earlier post.)
(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.
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.
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.
Percentage of Global R&D Spending by Industry, 2013. 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. Click to enlarge. —Center for Automotive Research. Click to enlarge.
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.
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
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.)
The US Department of Energy (DOE) has launched US DRIVE, a cooperative partnership with industry to accelerate the development of clean, advanced, energy-efficient technologies for cars and light trucks and the infrastructure needed to support their widespread use.
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.
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 […]
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.
General Motors, which has a long history of crash test dummy design, is leading current research on the potential for global autoindustry use of a test dummy that would help automakers and safety experts better understand how crash victims are hurt in rear impacts. The BioRID ATD. Click to enlarge.
Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. Toyota and Hyundai take the second and third places.
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
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.
It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. This is a steep reduction.
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.
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.
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. Stellantis N.V. Earlier post.) Earlier post.)
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.
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. With the onboarding of Delphi we significantly strengthen our development of the automated driving and do a future step in spreading this technology across the industry.
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.
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.
It’s no secret that various industries attempting to hoard customer data and redefine what constitutes ownership have created a groundswell of consumer resentment. That’s debatable when it could be similarly argued they’re already being taken advantage of by the industry.
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.
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.
and Koç Holding have signed a non-binding Memorandum of Understanding for a new, industry-leading joint venture business in Turkey. Ford Otosan, a joint venture between Ford Motor Company and Koç Holding, is one of the longest running and most successful joint ventures in the global autoindustry.
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.
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. He cited electrical vehicles as an important sector as it is set to revolutionize the automotive industry worldwide.
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.
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.
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.
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.
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