Tag Archives: automotive industry

Antonio Filosa Appointed CEO of Stellantis, Set to Lead the Company Starting June 23, 2025

(IN BRIEF) Stellantis N.V. has named Antonio Filosa as its new CEO, effective June 23, 2025. Filosa, who has over 25 years of experience in the automotive industry, has held leadership roles in North and South America and has been … Read the full press release

Leoni AG Opens High-Tech Plant in Agadir, Morocco, Creating 3,000 Jobs and Pioneering Sustainable Automotive Manufacturing

(IN BRIEF) Leoni AG has officially opened its new plant in Agadir, Morocco, designed to produce wiring systems for commercial vehicles. With an investment of over 20 million euros, the facility will create more than 3,000 jobs by 2027 and … Read the full press release

Xavier Chardon Appointed CEO of Citroën, Set to Lead Brand into New Horizons

(IN BRIEF) Xavier Chardon has been appointed as the new Chief Executive Officer of Citroën, effective June 2, 2025. With nearly two decades of experience within the brand, Chardon is tasked with building on Citroën’s recent successes and accelerating its … Read the full press release

Infineon Technologies and Visteon Join Forces to Enhance EV Powertrain Efficiency with Cutting-Edge Semiconductor Technology

(IN BRIEF) Infineon Technologies and Visteon Corporation have entered a strategic partnership to develop next-generation electric vehicle powertrains by integrating Infineon’s wideband gap semiconductor technologies. This collaboration will enhance power conversion efficiency and contribute to the transition to a more … Read the full press release

Shiftmove to Acquire Océan Fleet Management Business in Strategic Expansion across Europe

(IN BRIEF) Shiftmove has signed an exclusivity agreement to acquire the fleet management business of Orange Business, known as Océan. This acquisition will support Shiftmove’s strategy to become the leading provider of digital fleet solutions in Europe by 2027. With … Read the full press release

ACEA Warns New US Tariffs Threaten Both Global Auto Trade and Domestic US Manufacturing

(IN BRIEF) ACEA has voiced serious concerns over the US President’s recent decision to impose additional tariffs on the automotive sector. The association emphasizes that these tariffs will not only raise prices for American consumers and disrupt import channels but … Read the full press release

Škoda Auto Begins Production of All-Electric Enyaq Family at Mladá Boleslav Plant

(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

Mercedes-Benz Appoints Sagree Sardien as Head of Sales & Marketing for Vans Division

(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

Škoda Auto Celebrates 30 Years of Innovation at M13 Production Hall in Mladá Boleslav

(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

BASF Coatings Achieves 100% Renewable Electricity at North American Sites, Reducing CO2 Emissions by 11,000 Tons Annually

(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

Infineon Launches TLF35585 PMIC for Automotive Systems, Enhancing Power Management and Functional Safety

(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

ZF’s Cutting-Edge Mobility Solutions Redefine Transportation at Bharat Mobility Global Expo 2025

(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

Continental’s ContiTech Division Announces Restructuring and Job Cuts in Response to Declining Market Demand

(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

Mutares Completes Acquisition of S.M.A. Metalltechnik to Enhance SFC Group’s Automotive Cooling and Thermal Management Capabilities

(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release

BASF Showcases Sustainable Innovation at WorldSkills Lyon 2024, Honors Top Car Painters

(IN BRIEF) At the WorldSkills Lyon 2024 competition, BASF Coatings highlighted its commitment to sustainability and talent development in the automotive sector. Using BASF’s eco-friendly Glasurit 100 Line, Yuto Hoshino from Japan won the gold medal in the Car Painting … Read the full press release

Volkswagen Partners with Revoltech to Introduce Sustainable Hemp-Based Material for Car Interiors by 2028

(IN BRIEF) Volkswagen has partnered with the German start-up Revoltech GmbH to develop a 100% bio-based leather alternative made from industrial hemp. This sustainable material, named LOVR™, is being designed for use in car interiors and could be integrated into … Read the full press release

New Dual Cure Adhesive Ensures Reliability of High-Performance ADAS Cameras and LiDAR

(PRESS RELEASE) DÜSSELDORF, 9-Jan-2023 — /EuropaWire/ — Henkel (ETR: HEN3), a German chemical and consumer goods company, has developed a new dual cure adhesive called Loctite 3296 for use in the assembly of advanced driver assistance systems (ADAS) sensors. The … Read the full press release

Henkel’s Dual Cure Adhesive Takes ADAS Camera and LiDAR Module Bonding to the Next Level

(PRESS RELEASE) DÜSSELDORF, 9-Jan-2023 — /EuropaWire/ — Henkel (ETR: HEN3), a German chemical and consumer goods company, has introduced a new adhesive called Loctite Ablestik NCA 3218, specifically formulated for bonding applications in advanced driver assistance systems (ADAS) cameras and … Read the full press release

BASF Color Report 2021 for Automotive OEM Coatings: achromatic colors still the most popular, blue gains a momentum

Total vehicle production was lower, shifting the popularity of certain colors Blue and red are having a moment in the sun Despite the shift in colors, white, black, silver, and gray follow a familiar pattern, coating the majority of the … Read the full press release

Porsche Ventures to invest in China’s leading provider of virtual influencers and digital ecosystems in support of Porsche’s digital strategy

The next step in building a digital ecosystem (PRESS RELEASE) STUTTGART/ SHANGHAI, 18-Oct-2021 — /EuropaWire/ — Porsche Ventures, the venture capital arm of Porsche AG, has announced an investment in iMaker, China’s leading provider of virtual influencers and digital ecosystems. … Read the full press release