(IN BRIEF) NLB Car&Go, a subsidiary of NLB Lease&Go, has successfully acquired the online vehicle sales platform doberavto.si from AMZS d.o.o., marking a significant step in expanding NLB Group’s leasing operations. This acquisition, following necessary regulatory approvals, enhances NLB’s position … Read the full press release
Posted in Automotive, Banks, Business, Financial, Industrial, Internet & Online, Investment, Management, News, Slovenia, Technology
Tagged acquisition, automotive leasing, doberavto.si, expansion, leasing business, leasing services, NLB Car&Go, NLB Group, NLB Lease&Go, NORTH MACEDONIA, online vehicle sales, partnership, regulatory approval, SERBIA, Slovenia, strategic growth, Summit Leasing Slovenia
(IN BRIEF) ZF is equipping NIO’s ET9 electric vehicle with its advanced steer-by-wire technology, offering a fully electronic steering system that enhances driving comfort, safety, and adaptability. The system is part of ZF’s broader strategy to lead the development of … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Automotive Innovation, Automotive Technology, By-Wire Technology, Chassis Solutions, electric vehicles, NIO, software-defined vehicles, Steer-by-Wire, Torque Feedback, ZF
(IN BRIEF) Škoda Auto celebrates the 30th anniversary of its M13 production hall, which has played a key role in the brand’s success since its opening in 1996. Originally built to produce the Škoda Octavia, the facility now manufactures both … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Dick, anniversary, automotive industry, Czech Republic, electric vehicles, Elroq, Enyaq, INNOVATION, M13 production hall, Mladá Boleslav, modular manufacturing, production line, Škoda 130th anniversary, ŠKODA AUTO, ŠKODA Octavia, sustainability, vehicle production capacity, Volkswagen Group
(IN BRIEF) Bentley Motors has officially opened its new Excellence Centre for Quality & Launch at its Crewe headquarters. The facility is a key component of the brand’s Beyond100+ strategy, designed to support the development of Bentley’s first fully electric … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Andreas Lehe, Assembly Line, Battery-Powered Electric Vehicle, Bentley Motors, BEV, Beyond100 strategy, craftsmanship, Crewe, Crewe site, electric vehicles, Excellence Centre for Quality & Launch, Gunnar Kilian, luxury automotive production, Luxury Cars, Manufacturing, materials testing, precision, sustainability, technical centre, vehicle analysis, Volkswagen AG
(IN BRIEF) Landis+Gyr Group AG has provided an update on its strategic initiatives and revised financial outlook for fiscal year 2024. The company has decided to exit the EV charging business in the EMEA region due to unfavorable market conditions, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Adjusted EBITDA, Americas, Americas business, discontinued operations, electric vehicle charging, EMEA, EMEA business, EV charging, financial guidance, financial outlook, FY 2024, FY 2024 results, goodwill impairment, impairment, inventory obsolescence, Landis+Gyr, market conditions, next-generation products, post-Covid demand, regulatory changes, restructuring charges, revenue decline, second-half growth, strategic initiatives
(IN BRIEF) Rheinmetall has secured a €26 million order for its CWA2000 high-voltage coolant pump from a well-known Asian engine manufacturer. The pumps will be used in 800V fuel cell vehicles and stationary power plants, marking a significant step in … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 800V fuel cell architecture, 800V technology, Asian engine manufacturer, automotive, collaboration, cooling water applications, copper, CWA2000, Energy Industries, fuel cell vehicles, green power generation, Hartha plant, high-voltage coolant pump, next-generation pumps, partnership, performance, Power Systems division, Rheinmetall, small vans, space-saving, stationary power plants, Trucks, wear-free, weight-saving, €26 million order
(IN BRIEF) Steyr Motors AG has been officially listed on the Vienna Stock Exchange, with trading starting in the exchange-regulated direct market plus segment. The company’s shares opened at EUR 14.90, bringing the market capitalization to EUR 77.48 million. Steyr … Read the full press release
Posted in Austria, Automotive, Business, Economy, Environment, Financial, Industrial, International Trade, Investment, Management, Marketing, News, Technology
Tagged auxiliary power units, B&C Group, battle tanks, boats, capital market coach, Capital Market Coaches, Direct Funding Partners, direct market plus, EUR 14.90, EUR 77.48 million, growth companies, Hauck Aufhäuser Lampe Privatbank AG, high-performance engines, investors, Julian Cassutti, locomotives, market capitalization, market maker, military vehicles, partnership, SMEs, Steyr Motors AG, Upper Austria, Vienna MTF market, Vienna Stock Exchange, visibility
(IN BRIEF) As of January 2025, BASF Coatings has successfully transitioned to 100% renewable electricity at its Greenville, Ohio and Blackman Township, Michigan sites, resulting in an anticipated reduction of more than 11,000 tons of CO2 annually. This shift supports … Read the full press release
Posted in Automotive, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive industry, automotive OEMs, BASF Coatings, Blackman Township Michigan, carbon footprint, Chemetall, clearcoats, climate protection targets, CO2 emissions reduction, Dr. Markus Piepenbrink, E-Coats, energy transition, environmental impact, EPA GHG Emissions Calculator, Frank Naber, green transformation, Greenville Ohio, Jeffrey Jones, mass balance approach, partnership, Power Purchase Agreements, renewable electricity, renewable energy, Renewable Energy Certificates, resins, surface treatment, sustainability, thin-film technologies
(IN BRIEF) MAHLE has signed an agreement to sell its 40% minority stake in Langfang Kokusan Electric Co., Ltd. to its co-shareholders. Langfang Jinrun Technology Group Co., Ltd. will acquire 28.5% of the stake, and Langfang State-owned Assets Business Co., … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Investment
Tagged automotive, CHINA, electric motors, electric vehicle, Electrification Strategy, financial investment, generators, Langfang Jinrun Technology Group Co., Langfang Kokusan Electric Co., Langfang State-owned Assets Business Co., leisure equipment, long-term portfolio management, MAHLE, MAHLE Group Management Board, Markus Kapaun, Minority Stake, portfolio review, power generation, regulatory approvals
(IN BRIEF) Infineon Technologies has expanded its OPTIREG Power Management IC (PMIC) portfolio with the introduction of the TLF35585, a multi-rail power supply solution for automotive systems. Designed to meet high functional safety standards, this new PMIC supports microcontrollers and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AEC-Q100, AEC-Q100 Grade 0, ASIL-D, AURIX, automotive applications, automotive ECUs, automotive industry, automotive systems, boost buck pre-regulator, communication supply, DC/DC, efficiency, Functional safety, Infineon Technologies, ISO 26262, linear regulators, microcontroller supply, microcontrollers, monitoring functions, off-board sensors, OPTIREG PMIC, power management IC, SPI interface, temperature range, thermal performance, TLF35585, trackers, voltage reference, voltage regulation
(IN BRIEF) ZF is showcasing its advanced mobility solutions at the Bharat Mobility Global Expo 2025, highlighting its innovative X-by-Wire technology and commitment to sustainability in India’s transportation sector. The company is focusing on safety, electrification, and efficiency, with technologies … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged ADAS, Akash Passey, automotive industry, Automotive Technology, Autonomous Emergency Braking System, Bharat Mobility Global Expo 2025, CeTrax 2 dual, Commercial Vehicles, connectivity, construction equipment, e-comp Air Lite, electrification, fleet management, INDIA, Industrial Solutions, INNOVATION, mobility, OnGuardMAX, partnership, safety, sustainability, technology leadership, X-by-Wire technology, ZF, ZF Group India
(IN BRIEF) Capgemini has renewed its partnership with Peugeot Sport to continue the development of the 9X8 Hypercar for the FIA World Endurance Championship (FIA WEC), focusing on leveraging AI technologies to enhance performance and reduce Peugeot Sport’s carbon footprint. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Entertainment, Environment, Financial, France, Industrial, Investment, Management, News, Sports, Technology
Tagged 24 Hours of Le Mans, 9X8 Hypercar, AI, AI technology, AI-driven performance, artificial intelligence, Capgemini, data engineering, decarbonization, Emissions Reduction, environmental impact, FIA WEC, generative AI, motorsport, partnership, Performance Improvement, Peugeot Sport, R&D, renewable biofuels, Stellantis Motorsport, sustainability, sustainable technology
(IN BRIEF) AkzoNobel has introduced a groundbreaking waterborne basecoat, Sikkens Autowave Optima, designed to enhance vehicle repair efficiency and sustainability. The product enables bodyshops to reduce process times by up to 50% and cut energy costs and carbon emissions by … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged AkzoNobel, AkzoNobel Automotive and Specialty Coatings, automotive coatings, bodyshop productivity, carbon emissions reduction, collision repair, commercial vehicle refinishers, environmental benefits, fast-drying fillers, high pigmentation, Lesonal, material savings, OEM quality standards, paint coverage, Patrick Bourguignon, performance testing, process efficiency, Sikkens Autowave Optima, sustainability, sustainable solutions, vehicle repair, waterborne basecoat
(IN BRIEF) Germany’s Institute for Federal Real Estate (BImA) has partnered with E.ON to install 7,000 electric vehicle charging points across federal properties by 2027. The charging stations will support federal ministries, research institutes, and other government agencies, with a … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology
Tagged AC chargers, BImA, Brigitte Bourscheidt, charging infrastructure, Christoph Ebert, climate protection, DC fast chargers, digital load management, E.ON, electric mobility solutions, electric vehicle charging, electric vehicle fleets, electromobility, emergency vehicles, energy transition, European charging infrastructure, federal institutions, Germany, green electricity, Institute for Federal Real Estate, load management, ministries, partnership, Research Centers, smart charging, sustainability, wallboxes
(IN BRIEF) BMW Group is expanding its quantum computing efforts, having already initiated research into this advanced technology since 2017. Quantum computing has the potential to significantly impact materials science, engineering, and logistics, and is expected to play a key … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged aerospace, AI, AI Integration, Airbus, automotive, automotive design, battery systems, BMW Group, Classiq, collaboration, drivetrains, future cars, INNOVATION, Manufacturing, materials science, NVIDIA, partnership, production processes, quantum computing, Quantum Computing Challenge, quantum computing research, Quantum Technology & Application Consortium, qubits, QUTAC, RWTH Aachen, sustainability, Technical University of Munich, technology
(IN BRIEF) Stellantis is restructuring its organization to improve decision-making speed and execution while enhancing its commitment to customer feedback and growth. The changes include increased autonomy for regional teams in product planning, development, and operations, while maintaining alignment with … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Alain Favey, Anne Abboud, Antonio Filosa, appointment, Bob Broderdorf, Chief Executive Officer, Clara Ingen-Housz, commercial activities, customer feedback, decision-making, electric vehicles, hybrid vehicles, industrial activities, INNOVATION, John Elkann, leadership, Ned Curic, Olivier François, organizational changes, Product Development, product planning, Quality, regional and global responsibilities, Stellantis, Stellantis Pro One, Xavier Peugeot
(IN BRIEF) Continental’s ContiTech division is set to implement structural changes at several German locations due to declining demand in industries such as automotive and lignite mining. Around 580 jobs will be affected, with plant closures at Bad Blankenburg, Stolzenau, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged automotive industry, Bad Blankenburg, Continental, Continental Institute for Technology and Transformation, ContiTech, Employee Support, Frohburg, Geithain, Hamburg, Hanover-Vahrenwald, industry decline, job assistance, job cuts, job relocation, lignite mining, manufacturing adjustments, market changes, Moers, organizational changes, Original Equipment Solutions, Personnel changes, Philip Nelles, production closures, production relocation, Stolzenau, structural changes
(IN BRIEF) Bentley’s collaboration with the Naples Winter Wine Festival resulted in a record-breaking $1.7 million raised for the Naples Children & Education Foundation. The highlight of the auction was a bespoke Continental GTC Speed with exclusive Mulliner specifications, which … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Non Profit, Technology, Transportation & Logistics, United Kingdom
Tagged $1.7 million, 25th Anniversary, Bentley, Bentley’s luxury accommodation, bespoke vehicle, charity auction, Continental GTC Speed, Damson exterior, fundraising, Luxury, Monterey Car Week, motorsport events, Mulliner, Naples Children & Education Foundation, Naples Winter Wine Festival, NCEF, NWWF, one-of-a-kind paintwork, partnership, philanthropic support, record-breaking auction, Southwest Florida, Ultra Performance Plug-In Hybrid V8, VIP access, VIP tickets
(IN BRIEF) CA Personal Finance & Mobility has finalized its acquisition of a 50% stake in GAC Finance Leasing, now rebranded as Guangzhou GAC-Sofinco Finance Leasing. This move strengthens the partnership with GAC Group and enhances their leasing offerings in … Read the full press release
Posted in Automotive, Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged 2023, AION, automotive financing, Automotive Group, CA Personal Finance & Mobility, CET1 ratio, Chinese market, CRÉDIT AGRICOLE GROUP, Crédit Agricole S.A., electric vehicle sector, electric vehicles, electrified vehicles, EV adoption, financial leasing, GAC Finance Leasing, GAC Group, GAC Motor, GAC Toyota, GAC-Honda, GAC-Sofinco AFC, GAC-Sofinco Leasing, Guangzhou GAC-Sofinco Finance Leasing, HYPTEC, joint venture, Leasing Solutions, operational leasing, partnership, regulatory approvals, reserved capital increase, Stéphane Priami, vehicle sales
(IN BRIEF) Continental Tires’ Korbach plant has achieved ISCC PLUS sustainability certification, confirming the company’s commitment to using renewable and recycled materials in its tire production. This certification ensures traceability of sustainable materials throughout the production process. The plant joins … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2050, Awards, bio-based materials, circular economy, climate neutrality, Continental tires, ISCC PLUS, Jorge Almeida, Klaus Ohlwein, Korbach, leadership, mass-balance, recycled materials, renewable materials, sustainability, sustainability certification, sustainable tire manufacturing, tire production, UltraContact NXT
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