(IN BRIEF) Schaeffler AG has announced that its merger with Vitesco Technologies Group AG will officially take effect on October 1, 2024. The merger will involve the absorption of Vitesco Technologies by Schaeffler, with shareholders of Vitesco receiving Schaeffler shares … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Investment, Management, News, Technology
Tagged merge, partnership, Schaeffler, Vitesco Technologies
(IN BRIEF) Schaeffler AG has made strategic appointments to its Executive Board as part of its preparation for a merger with Vitesco Technologies. Thomas Stierle, previously with Vitesco, will lead Schaeffler’s new E-Mobility division starting in October 2024. Dr. Jochen … Read the full press release
(IN BRIEF) Michelin has launched the MICHELIN Alpin 7, a new winter tire designed for enhanced safety and performance in snowy and cold conditions. The tire offers 6% better braking on snow and a 9% reduction in rolling resistance, improving … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged efficiency, leadership, Michelin, MICHELIN Alpin 7, safety, sustainability, winter tire
(IN BRIEF) Continental has been recognized as one of the world’s most sustainable companies for 2024 by Time magazine and Statista, securing the 265th spot overall and ranking second among tire manufacturers. The recognition highlights Continental’s strong efforts in reducing … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Awards, carbon-neutral, Continental, Jorge Almeida, leadership, sustainability
(IN BRIEF) Volkswagen Group is enhancing traffic safety by utilizing sensor and image data from customer vehicles to continuously improve driver assistance systems and automated driving features. This initiative, starting in Germany in late 2024 with select Volkswagen and Audi … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged driver assistance systems, Real-World Data, traffic safety, Volkswagen Group
(IN BRIEF) Volkswagen Classic and Autostadt will celebrate the 50th anniversary of the Volkswagen Golf and Scirocco at the prestigious Edelweiß-Bergpreis Rossfeld Berchtesgaden hill climb race, held in the Alps on September 28 and 29, 2024. They will showcase iconic … Read the full press release
(IN BRIEF) Stellantis made a strong impression at the 2024 Paris Motor Show, unveiling five world premieres from its brands Citroën, Peugeot, and Alfa Romeo. Additionally, the show marked the debut of the Chinese brand Leapmotor in partnership with Stellantis, … Read the full press release
(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway, Technology
Tagged Amazon Sustainability, Eivind Kallevik, Gunnar Güthenke, Hydro, Mercedes-Benz, partnership, sustainability
(IN BRIEF) Knorr-Bremse AG has successfully issued a dual-tranche bond totaling 1.1 billion Euro, marking its first Green Bond of 500 million Euro aimed at financing eligible green projects. The remaining 600 million Euro bond has a five-year maturity and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, Frank Markus Weber, investment, Knorr-Bremse AG, sustainability
(IN BRIEF) Infineon Technologies has expanded its OptiMOS™ 6 MOSFET lineup by introducing new 135 V and 150 V MOSFETs, designed for enhanced efficiency in drives and switched-mode power supply (SMPS) applications. These MOSFETs offer up to a 50% reduction … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 135 V, 150 V MOSFETs, Drive Efficiency, Infineon, OptiMOS™ 6 MOSFET, power
(IN BRIEF) At IAA Transportation 2024, ZF introduced the latest version of its Advanced Driver Assistance System (ADAS), OnGuardMAX, and its modular brake platform, mBSP XBS, for the European commercial vehicle market. OnGuardMAX offers enhanced safety features like Moving Off … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Advanced Driver Assistance System (ADAS), automation, Commercial Vehicles, mBSP XBS Platforms, OnGuardMAX, Philipp Helmich, safety, sustainability, ZF
(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Ceren Acer Kezik, Digital Vehicle Loans, Garanti BBVA, Türkiye
(IN BRIEF) Continental has won the ETM Award 2024 in the “Tires” category, based on a readers’ poll by ETM, recognizing its excellence in commercial vehicle tires. The award highlights Continental’s innovative Generation 5 tire line, which enhances fuel efficiency, … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, commercial vehicle tires, Continental, ETM Award 2024, leadership, sustainability, Timo Röbbel
(IN BRIEF) Continental has developed a new generation of hydraulic wheelset guiding bushings for trains, offering improved adaptability to track conditions, which enhances passenger comfort and extends the lifespan of critical components. These bushings can be retrofitted without requiring modifications … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Continental, Hydraulic Bushings, Sara Grotsch, Train Maintenance Costs
(IN BRIEF) FORVIA HELLA has introduced its first RGB LED rear combination lamp with full-color light animations, now in mass production in China. The lamp, featured in the new LYNK & CO Z10 electric sedan by Geely Auto Group, offers … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dynamic Light Animations, FORVIA HELLA, Geely, LYNK & CO Z10, RGB LED Rear Lamp, Yves Andres
(IN BRIEF) The European auto industry, represented by the European Automobile Manufacturers’ Association (ACEA), has called for urgent intervention from EU institutions due to a decline in demand for electric vehicles (EVs). The industry is concerned about meeting the 2025 … Read the full press release
(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged anti-squeal plates, electric vehicles, fossil-free steel, Noise-Reducing Brake Pads, partnership, SSAB, Stefan Lundström, sustainability, Trelleborg
(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, Netherlands, Technology
Tagged AI, Arnaud Deboeuf, Factory Booster Day, INNOVATION, Italy, Stellantis, sustainability
(IN BRIEF) ZF Commercial Vehicle Solutions has unveiled its Hydrogen Recirculation Blower at IAA Transportation 2024. The blower, which works with ZF’s Fuel Cell Air Compressor, improves hydrogen efficiency and performance in fuel cell-powered commercial vehicles. This innovation is part … Read the full press release
(IN BRIEF) Michelin launched its latest tire ranges, the MICHELIN X® LINE ENERGY™ 3 and MICHELIN X® MULTI ENERGY™ 2, at the IAA Transportation Trade Fair in Hannover. These new tires are designed to maximize fuel savings and lateral grip … Read the full press release
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