(IN BRIEF) The Schaeffler Group has released its 2024 Sustainability Statement as part of its Annual Report, fully aligning with EU CSRD and ESRS standards. This marks the first time the report integrates data from the recent merger with Vitesco … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 1.5°-compliant economy, 2024 Sustainability Statement, A- Rating, Annual Report, CDP ratings, CEO Klaus Rosenfeld, climate change, Corporate Sustainability Reporting Directive, CSRD, ecological responsibility, ESRS, European reporting standards, European Sustainability Reporting Standards, fourth quarter, greener future, Handelsblatt Global Transition Award 2024, leadership, MERGER, performance metrics, Schaeffler Group, social responsibility, stakeholders, sustainability, sustainability efforts, Sustainability Initiatives, transparency, Vitesco Technologies Group AG, water security
(IN BRIEF) In this announcement, Continental presents the Grand Prix TR as an affordable yet high-performing road tire, featuring tubeless-ready technology, a robust 4-ply design, and the BlackChili compound for optimized grip and efficiency. Positioned in the endurance category, it … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 25-622, 28-622, 30-622, 310 grams, 32-622, 4-ply construction, advanced tire technology, Black or Transparent Sidewall, BlackChili compound, broader group of cyclists, commuting, Continental, Continental tires, endurance category, everyday cycling, GP5000 range, Grand Prix TR, Hannah Ferle, high-performance features, hookless rim compatibility, long rides, practical durability, Product Manager for Road, puncture resistance, racing pedigree, rolling efficiency, training, tube-type format, tubeless-ready technology
(IN BRIEF) Škoda Auto has officially started the production of the new Enyaq family at its Mladá Boleslav plant, marking a significant milestone for the Czech automaker. The fully electric Enyaq, now built alongside the Octavia and the all-new Elroq, … Read the full press release
(IN BRIEF) The fourth-generation Bentley Continental GT has been recognized with three major accolades from readers of leading publications in Germany and Switzerland. The Grand Tourer, known for its exceptional performance and luxurious craftsmanship, won top honors in the luxury … Read the full press release
(IN BRIEF) Mercedes-Benz has announced that Sagree Sardien will take over as Head of Sales & Marketing for Mercedes‑Benz Vans starting May 1st, 2025. She will succeed Klaus Rehkugler, who will move to lead the newly established Product Management area … Read the full press release
(IN BRIEF) ZF will present its latest innovations for public transport at the Mobility Move conference and trade fair in Berlin from April 1-3. The company will showcase the German debut of its CeTrax 2 electric central drive, which offers … Read the full press release
Posted in Automotive, Germany, Industrial, Technology, Transportation & Logistics
Tagged 3-speed gearbox, automated driving, Berlin, CeTrax 2, city buses, Commercial Vehicles, Cybersecurity, decarbonization, E-Bus Forum 2, efficiency, electric central drive, electric drive system, electric modular drive system, Friedrichshafen, hardware and software development, highly automated driving, Mannheim, Markus Eisele, mobility move, public transport, RABus project, SiC inverter, ZF, ZF Mobility Solutions
(IN BRIEF) Mercedes-Benz Trucks returns to Retro Classics Stuttgart after five years with a standout display of ten historic vehicles spanning from the late 19th century to the 1960s. The company will also feature the “Legends on Wheels” exhibition in … Read the full press release
Posted in Art & Culture, Automotive, Germany, Industrial, Technology, Transportation & Logistics
Tagged automotive history, classic vehicles, Dreyer, Legends on Wheels, Mercedes-Benz Trucks, Retro Classics Stuttgart, Sinsheim Museum, Speyer Museum, Tour of Legends, vehicle restoration, vintage trucks
(IN BRIEF) LANXESS has introduced Vulkanox HS Scopeblue, a sustainable rubber additive that supports tire manufacturers in reducing their carbon footprint while enhancing tire durability. This drop-in solution allows for seamless integration into existing production processes and is produced with … Read the full press release
(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Slovakia, Technology, Transportation & Logistics
Tagged AFIF, alternative fuels, charging infrastructure, decarbonization, DRIVE-E, E.ON, electric trucks, electric vehicles, EU, European Union, freight transport, partnership, sustainability
(IN BRIEF) Hexagon has renewed its long-standing partnership with Oracle Red Bull Racing, reinforcing its role as the team’s exclusive metrology partner. The collaboration spans 18 years and has been critical in ensuring the team’s performance with cutting-edge technologies like … Read the full press release
Posted in Automotive, Business, Financial, Government, Industrial, Investment, Management, News, Sports, Sweden, Technology, United Kingdom
Tagged 2026 season, 3D laser scanning, aerodynamics, car design changes, Christian Horner, Competition, digitalisation, engineering, F1 Sim Racing World Championship, Formula 1, Formula 1 technology, Hexagon, INNOVATION, Josh Weiss, Max Verstappen, metrology, Oracle Red Bull Racing, partnership, performance, Porsche Esports Supercup, precision, precision tools, racing technology, RB21, RB21 car, regulatory changes, Sim Racing, trackside support
(IN BRIEF) MAHLE has secured its first series order for a high-performance cooling module designed for megawatt charging systems (MCS) in fast-charging stations for electric commercial vehicles. The module, praised for its performance and cost efficiency, will be manufactured at … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged air cooling, cooling module, cost efficiency, electric commercial vehicles, electric drives, electric trucks, electrification, European cable manufacturer, fast-charging capacities, fast-charging stations, heat exchangers, heavy duty vehicles, intelligent charging solutions, light commercial vehicles, MAHLE, maritime applications, MCS, megawatt charging systems, modular design, Námestovo, Norman Nagel, passenger cars, rail applications, Slovakia, sustainable combustion engines, Thermal Management
(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
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