Category Archives: Automotive

Automotive Press Releases & News distributed via EuropaWire

Infrared Technology Breakthroughs Paving the Way for a US$500 Million Market, Says IDTechEx Report

(IN BRIEF) Thermal cameras have been a part of automotive technology for 25 years, with 1.2 million vehicles equipped with thermal LWIR camera technology, representing only 0.08% of the estimated 1.5 billion vehicles on the road globally. According to market … Read the full press release

Elli Unveils Innovative Smart Charger 2 to Transform Electric Vehicle Charging Across Europe

(IN BRIEF) Volkswagen Group’s electric mobility brand, Elli, has launched the Elli Charger 2, a smart charging solution aimed at the European market. This new charger can reduce charging costs by up to 40% by utilizing solar surplus charging and … Read the full press release

Bang & Olufsen and Ferrari Launch Exclusive Second Special Edition Collection Featuring High-End Audio and Visual Solutions

(IN BRIEF) Bang & Olufsen has partnered with Ferrari to launch their second Special Edition Ferrari Collection, featuring three high-end products: the Beolab 50 speakers, Beosound Theatre soundbar, and Beovision Theatre TV. This collection incorporates Ferrari’s signature Grigio Corsa color … Read the full press release

Stellantis and Dürr Collaborate on Energy-Efficient Paint Shop, Boosting Electric Vehicle Production in Morocco

(IN BRIEF) Stellantis is partnering with Dürr to build an energy-efficient paint shop at its Kenitra site in Morocco, doubling the facility’s capacity for electric and hybrid vehicle production. The plant will utilize advanced technologies like the EcoInCure electric oven, … Read the full press release

Global Race for Autonomous Trucks: Europe a Critical Region Transport Transformation

(IN BRIEF) In 2024, the trucking industry has made significant strides in commercializing autonomous driving technology to address challenges like high operational costs, driver shortages, and safety concerns. The global trucking fleet is expected to incorporate an additional 500,000 Level … Read the full press release

Bentley Launches Flying Spur Mulliner at Zoute Grand Prix, Showcasing Unmatched Luxury and Performance

(IN BRIEF) Bentley has officially unveiled the Flying Spur Mulliner at the 2024 Zoute Grand Prix in Belgium, marking its European debut. This luxury four-door Grand Tourer features a powerful 782 PS, 1,000 Nm hybrid powertrain, making it the most … Read the full press release

ZF Celebrates Milestone with 250 Million Electric Parking Brake Units, Leading the Way in Brake System Innovation

(IN BRIEF) ZF, a global leader in foundation brake systems, has achieved a major milestone by producing 250 million Electric Parking Brake (EPB) units. This accomplishment highlights ZF’s pioneering role in EPB technology, which it introduced nearly 25 years ago. … Read the full press release

Stellantis Revises 2024 Financial Forecast Amid North American Struggles and Global Market Challenges

(IN BRIEF) Stellantis has revised its 2024 financial guidance due to significant performance challenges in North America and a global market slowdown. The company plans to cut North American vehicle shipments by over 200,000 in the second half of 2024 … Read the full press release

Leapmotor and Stellantis Open European Orders for Affordable Electric City Car and SUV, Expanding Global Reach

(IN BRIEF) Leapmotor International has begun accepting orders in Europe for its affordable electric vehicles, the T03 city car and the C10 SUV, as part of its joint venture with Stellantis. This move aims to provide high-tech, cost-efficient electric mobility … Read the full press release

Schaeffler to Merge with Vitesco Technologies, Trading Suspension Set for October 1, 2024

(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

Schaeffler AG Strengthens Leadership Team to Drive E-Mobility Growth Amid Vitesco Merger

(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

Michelin Unveils Alpin 7: A Cutting-Edge Winter Tire for Enhanced Safety and Efficiency

(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

Continental Named Among World’s Top Sustainable Companies, Sets Ambitious Carbon-Neutral Goals for 2050

(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

Volkswagen Group Utilizes Real-World Data to Boost Traffic Safety with Enhanced Driver Assistance Systems

(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

Volkswagen and Autostadt Celebrate 50 Years of Golf and Scirocco at Alpine Hill Climb Event

(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

Stellantis Unveils Five World Premieres and Showcases Leapmotor Partnership at 2024 Paris Motor Show

(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

Driving Change: Hydro and Mercedes-Benz Launch Ambitious Amazon Sustainability Initiative

(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

Knorr-Bremse AG Launches 1.1 Billion Euro Bond, Paving the Way for Sustainable Investment

(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

Infineon Expands OptiMOS™ 6 Lineup with New 135 V and 150 V MOSFETs for Power and Drive Efficiency

(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

ZF Introduces Enhanced Safety and Automation Features for Commercial Vehicles with OnGuardMAX and mBSP XBS Platforms

(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