Category Archives: Automotive

Automotive Press Releases & News distributed via EuropaWire

50 Years of Volkswagen’s Iconic Golf: A Legacy of Innovation and Success

(IN BRIEF) Volkswagen celebrates 50 years of the Golf, Europe’s most successful car, with over 37 million units sold worldwide. Since its debut in 1974, the Golf has set industry standards, introducing innovations in technology, safety, and design across its … Read the full press release

Daimler Truck AG Secures €5 Billion Revolving Credit Line to Enhance Financial Flexibility

(IN BRIEF) Daimler Truck AG has finalized a new revolving credit line worth €5 billion, capitalizing on favorable market conditions to replace its existing syndicated credit line set to mature. Coordinated by BNP Paribas, Deutsche Bank, and LBBW, with participation … Read the full press release

Infineon Unveils SSO10T TSC Package: Revolutionizing Automotive Power Designs

(IN BRIEF) Infineon Technologies AG launches the SSO10T TSC package, integrating OptiMOS™ MOSFET technology with a direct top-side cooling concept, ensuring superior thermal performance in automotive electronic control units. This innovative package facilitates a compact double-sided PCB design, significantly reducing … Read the full press release

ZF Group Unveils ZF LIFETEC: Rebranding of Passive Safety Systems Division

(IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. With sales of €4.7 billion in 2023, ZF LIFETEC aims to enhance sales … Read the full press release

REN’s Philanthropic Drive: Enhancing Social Services with Vehicle Donations

(IN BRIEF) REN – Redes Energéticas Nacionais, in adherence to its social responsibility policy, has contributed five vehicles to esteemed organizations within the social sector, aimed at bolstering service provision. The selected institutions include Associação Salvador, Centro Social Recreativo e … Read the full press release

Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles

(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release

Adrian Hallmark Steps Down from Bentley Motors: A Legacy of Luxury and Sustainability

(IN BRIEF) Adrian Hallmark, Chairman and CEO of Bentley Motors, is leaving the company by mutual consent to pursue new ventures outside the Volkswagen Group. During his six-year tenure, Hallmark spearheaded Bentley’s transformation, launching new luxury models and setting a … Read the full press release

Daimler Truck Hits 1 Million Connected Vehicles Milestone: A Shift Towards Smarter, Safer, and Sustainable Transportation

(IN BRIEF) Daimler Truck has achieved a significant milestone by connecting over 1 million trucks and buses worldwide to its digital platform, marking a pivotal moment in its commitment to vehicle connectivity and digital innovation. Marcus Claesson, Daimler Truck’s CIO, … Read the full press release

Continental’s PremiumContact 7 Triumphs in Scandinavian Summer Tire Test

(IN BRIEF) Continental’s PremiumContact 7 has clinched the top spot in the latest summer tire test conducted by Norwegian magazine Vi Bilägare, with results republished by Motor (Norway) and Tuulilasi (Finland). The test, comparing ten summer tires in the 215/55 … Read the full press release

Continental’s ContiEuropeanRoadshow Rolls into High Gear: Eco-Friendly Transport Solutions on Display Across Europe

(IN BRIEF) Continental’s show truck, traversing over 50,000 kilometers throughout Europe, continues its mission to showcase innovative solutions for sustainable transportation. With stops in various countries, the roadshow offers interactive exhibitions covering key industry themes, including cost reduction strategies, digital … Read the full press release

Pirelli Provides Standard Allocation for Moto2™ and Moto3™ Teams at Portuguese Grand Prix

(IN BRIEF) Ahead of the Grande Prémio de Portugal at the Autódromo Internacional do Algarve, Pirelli has announced that Moto2™ and Moto3™ riders will rely on the standard tyre allocation for the 2024 season. The challenging layout of the Portimão … Read the full press release

Infineon and Ekkono Collaborate to Enhance Automotive AI Development with AURIX Microcontrollers

(IN BRIEF) Infineon Technologies AG and Ekkono Solutions have joined forces to address the unique challenges faced by automotive component suppliers and OEMs in ensuring optimal vehicle performance and safety. Leveraging Infineon’s AURIX™ microcontroller family, Ekkono offers a sophisticated software … Read the full press release

Stellantis Ventures Backs SteerLight’s Next-Gen LiDAR Technology for Advanced Driver Assistance Systems

(IN BRIEF) Stellantis Ventures, the corporate venture fund of Stellantis N.V., announces its investment in SteerLight, a pioneer in high-performance LiDAR sensing technology. SteerLight’s innovative LiDAR, powered by silicon photonics technology, promises enhanced resolution, precision, and cost-effectiveness compared to existing … Read the full press release

Daimler Buses Unveils Ambitious Plans for Electric Future and Digital Innovation

(IN BRIEF) Daimler Buses has revealed its ambitious goals for the future, aiming to solidify its position as a global leader in the bus industry by 2030. With a focus on expanding its electric vehicle portfolio and enhancing digitalization, the … Read the full press release

Rheinmetall Expands Vehicle Portfolio with Acquisition of Dutch Startup REEQ

(IN BRIEF) Rheinmetall, a leading technology group, has bolstered its vehicle portfolio by acquiring the Dutch startup REEQ, marking a strategic move towards innovative light hybrid vehicles. The acquisition, completed by Rheinmetall Defence Nederland B.V., a subsidiary of Rheinmetall’s Vehicle … Read the full press release

Continental’s Study Reveals Global Disparities in Agricultural Digitalization

(IN BRIEF) Continental, in collaboration with Innofact AG, conducted a study titled “Agriculture in transition,” surveying 503 farmers across five countries, shedding light on the digitalization levels in agriculture worldwide. The findings indicate varying degrees of digital adoption, with some … Read the full press release

Mercedes me Eco Coach App Surpasses 200,000 Users, Enhances Environmental Awareness

(IN BRIEF) With over 200,000 registered users, the Mercedes me Eco Coach app has become a popular tool for promoting environmentally conscious driving behavior among electric car and plug-in hybrid owners. The app serves as a digital personal trainer, offering … Read the full press release

Volkswagen Financial Services Concludes 2023 with Strong Results and Focus on Sustainability

(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release

Škoda Unveils Epiq: A Compact City SUV Crossover Packed with Modern Design and Technology

(IN BRIEF) Škoda Auto has announced the forthcoming release of its electric city SUV crossover, the Škoda Epiq, slated for unveiling in 2025. With an anticipated starting price of approximately 25,000 euros, the Epiq boasts a length of 4.1 meters, … Read the full press release

Continental SportContact 7 Dominates Auto Bild sportscars UHP Summer Tire Test

(IN BRIEF) In a recent evaluation by Auto Bild sportscars, the Continental SportContact 7 UHP summer tire emerged as the undisputed champion, securing top honors with an overall score of 1.2. Tested against six competitors on wet and dry roads, … Read the full press release