Tag Archives: automotive

Covestro and Xinquan Forge Global Partnership to Drive Automotive Innovation and Sustainability

(IN BRIEF) German materials manufacturer Covestro has announced a global partnership with Chinese automotive trim company Xinquan Automotive during the China International Import Expo in Shanghai. This strategic alliance aims to strengthen Xinquan’s presence in North America, Europe, and ASEAN … Read the full press release

Motorvision Group reduces localization costs using AI dubbing thanks to partnering with Dubformer

(IN BRIEF) Motorvision Group, a prominent European producer and operator of automotive TV channels, is optimizing its localization process with AI dubbing technology from Dubformer. This transformation has led to reduced localization costs and improved connections with its target audience … Read the full press release

Škoda Teases Fourth-Generation Superb: Modern Design and Enhanced Features Unveiled

(IN BRIEF) Škoda Auto has unveiled exterior sketches of the fourth-generation Superb, its upcoming ICE flagship model. The new Superb embraces elements of the new Modern Solid design language, featuring sharp lines, dynamic proportions, and upgraded LED Matrix beam headlights … Read the full press release

Infineon Unveils TRAVEO™ T2G Cluster Microcontrollers with Advanced Graphics Engine for Automotive and Industrial Applications

(IN BRIEF) Infineon Technologies has introduced its TRAVEO™ T2G Cluster family of automotive microcontrollers (MCUs), equipped with a new graphics engine featuring smart rendering technology. These MCUs offer high-performance capabilities for automotive graphics applications while maintaining a small footprint. The … Read the full press release

Infineon Strengthens IoT and Automotive Portfolio with Acquisition of UWB Pioneer 3db Access AG

(IN BRIEF) Infineon Technologies AG has successfully acquired Zurich-based startup 3db Access AG, a leading provider of secured low-power Ultra-Wideband (UWB) technology. 3db is already recognized as a preferred IP provider for major automotive brands. This acquisition represents a significant … Read the full press release

Anna Müller to Lead Volvo Penta as President, Bringing Automotive Expertise to Volvo Group Management

(IN BRIEF) Anna Müller has been appointed as the President of Volvo Penta and will become a member of the Volvo Group management, succeeding Heléne Mellquist. Currently the Senior Vice President for the Europe North and Central Division at Volvo … Read the full press release

AFRY Experience Studios Expands into Italy with New Bologna Office, Focused on Automotive and Sustainable Design

(IN BRIEF) AFRY Experience Studios is opening its fourth office in Bologna, Italy, aiming to enhance its global automotive solutions and deliver sustainable design services. Bologna’s design-rich environment and automotive industry presence make it an ideal location for AFRY’s expansion. … Read the full press release

Bosch Expands Semiconductor Business with New Test Center in Penang to Meet Global Demand for Chips

(IN BRIEF) Bosch is expanding its semiconductor business to meet the increasing global demand for chips and sensors in the automotive and consumer goods industries. The company has opened a new test center for chips and sensors in Penang, Malaysia, … Read the full press release

Bentley Expands ‘Extraordinary Women’ Programme, Inspiring Female Talent in STEM and Automotive

(IN BRIEF) Bentley’s global initiative, the ‘Extraordinary Women’ programme, continues to grow with the selection of exceptional students from the United Kingdom and Saudi Arabia. Aimed at inspiring the next generation of female talent in technology, engineering, design, and business, … Read the full press release

Stainless Steel Revolution: Outokumpu Collaborates with thyssenkrupp and Boysen Group to Decarbonize Auto Industry

(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release

Bentley partners with Goodwoof festival as exclusive automotive sponsor

(IN BRIEF) Luxury automaker Bentley has been named the exclusive automotive partner for the upcoming Goodwoof festival, which celebrates all things canine. The event will be held on May 20-21 at the Goodwood estate in West Sussex, England, and feature … Read the full press release

Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales

(IN BRIEF) Chemical company BASF reported a decline in sales for Q1 2023 of €20bn, down €3.1bn compared to the prior year quarter, due to lower demand in almost all segments. However, the Agricultural Solutions segment recorded a significant increase … Read the full press release

Evonik presents innovative solutions for architectural, automotive, and packaging surfaces at European Coatings Show 2023

(IN BRIEF) Specialty chemicals company Evonik will showcase its latest solutions for the coatings, inks, and adhesives industry at the European Coatings Show 2023 in Nuremberg, Germany. The company’s latest solutions aim to improve both the performance and the sustainability … Read the full press release

MediaTek and Inmarsat’s MoU covers joint innovation and satellite-enabled device deployment

(IN BRIEF) Inmarsat and MediaTek have partnered to provide ultra-reliable, two-way satellite services to various industries, including smartphones, IoT devices, and automotive, using MediaTek’s 5G Non-Terrestrial Networks (NTN) technology and Inmarsat’s ELERA L-band satellite network. The collaboration will enable mobile … Read the full press release

Infineon’s microcontroller technology to power Continental’s new vehicle architecture

(IN BRIEF) Continental and Infineon Technologies are collaborating to develop a more efficient and organized electrics/electronics architecture for the automotive industry. The new architecture features central high-performance computers (HPC) and a few powerful Zone Control Units (ZCU), replacing up to … 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

Changements à la direction de la marque Volkswagen et de ŠKODA AUTO

Schäfer est nommé nouveau PDG de la marque Volkswagen à compter du 1er juillet 2022 et rejoint le Group Board of Management Klaus Zellmer nommé nouveau président du directoire de ŠKODA AUTO a. s. à compter du 1er juillet 2022 … Read the full press release

Leadership changes at Volkswagen brand and ŠKODA AUTO

Schäfer appointed new CEO of the Volkswagen brand effective July 1, 2022 and joins the Group Board of Management Klaus Zellmer appointed new Chairman of the Board of Management of ŠKODA AUTO a. s. effective July 1, 2022 (PRESS RELEASE) … Read the full press release

Leadec announces trainee positions available across Germany

(PRESS RELEASE) STUTTGART, 1-Sep-2021 — /EuropaWire/ — Leadec, a Stuttgart based leader in technical services for the automotive and manufacturing industries, has announced it is increasing the number of trainee positions available in the new training year. Approximately 40 young … Read the full press release

Sports car manufacturer Porsche expands capacity across Southeast Asia

(PRESS RELEASE) STUTTGART, 30-Aug-2021 — /EuropaWire/ — Porsche AG, a German high-performance sports cars manufacturer, has announced it is expanding its engineering and assembly capacity across Southeast Asia.  The development work of the sports car manufacturer has a long tradition … Read the full press release

Hydro further invests at its Cressona facility in Pennsylvania

(PRESS RELEASE) OSLO, 29-Jul-2021 — /EuropaWire/ — Hydro announces its EUR 41 million ($48.3 million) investment for asset modernization in Cressona, Pennsylvania, to support the growing transportation, distribution, and industrial market segments in North America. The company will continue its … Read the full press release

ANDRITZ batt forming line with ProDyn technology to be used in Pratrivero’s Maliwatt stitchbonding processes

(PRESS RELEASE) GRAZ, 17-May-2021 — /EuropaWire/ — ANDRITZ announces that it will supply a new eXcelle batt forming line to Pratrivero s.p.a. for their Maliwatt production facilities in Valdilana, Italy. Maliwatt products are used in furnishing, automotive, naval, medical, geotextiles, … Read the full press release

Dr. Xiao Song appointed new Chairman, President and CEO of Siemens China

Dr. Xiao Song appointed Chairman, President and CEO Siemens Ltd., China, and President and CEO Siemens Greater China, effective May 1, 2021 Lothar Herrmann to end his tenure at Siemens China on April 30, 2021, and return to Germany (PRESS RELEASE) MUNICH, … Read the full press release

The new BMW Junior Team, Dan Harper, Max Hesse and Neil Verhagen, presented with brand new BMW M cars

(PRESS RELEASE) MUNICH, 4-Aug-2020 — /EuropaWire/ — BMW AG high-performance cars subsidiary BMW M GmbH, formerly BMW Motorsport GmbH, has announced its CEO Markus Flasch will present the BMW Junior Team consisting of Dan Harper, Max Hesse and Neil Verhagen … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

AB Volvo number of votes changed due to Series A to Series B shares conversion

(PRESS RELEASE) GOTHENBURG, 30-Jun-2020 — /EuropaWire/ — Swedish multinational industrial company Volvo Group has announced there is a change in the number of votes in AB Volvo due to the conversion of a total of 1 837 139 Series A … Read the full press release

SEAT to unveil the new SEAT Ateca 2020

The new SEAT Ateca 2020 brings a design evolution to the compact SUV thanks to its more emotional exterior design language and its updated interior The compact SUV offers a fully connected user experience for customers The new SEAT Ateca … Read the full press release

Bentley Motors celebrates the 20,000th Bentayga built since 2016

20,000 examples of the benchmark luxury SUV now built Bentayga defined and has grown luxury SUV segment since launch Four years of extraordinary adventures Power, agility and record breaking performance First step on Bentley’s journey to electrification and the future … Read the full press release

Leadec deepens its predictive maintenance expertise with the acquisition of IVG Göhringer

(PRESS RELEASE) STUTTGART, 6-May-2020 — /EuropaWire/ — Leadec, a leading technical services provider for the automotive and manufacturing industries, is further expanding its portfolio with the acquisition of instrumentation technology specialist. From June 1, 2020, IVG Göhringer will join the group, … Read the full press release

Mercedes-Benz gradually restarts production at its car plants; Extensive package of anti-infection measures implemented

(PRESS RELEASE) STUTTGART, 1-May-2020 — /EuropaWire/ — The Mercedes-Benz car plants in Untertürkheim, Berlin, Hamburg, Sindelfingen and Bremen have successfully restarted production after a phase of suspension of production and short-time work caused by the Covid-19- pandemic. On 20 April … Read the full press release

Audi plants in Europe to slowly resume production by the end of the month

(PRESS RELEASE) INGOLSTADT, 17-Apr-2020— /EuropaWire/ — In the coming weeks, Audi will slowly initiate the restart of production at its plants in Europe. The COVID-19 caused supply bottlenecks and a drop in demand which led Audi to temporary suspend production … Read the full press release

Breakthrough Results with High-Power Laser Technology will Transform Electric Vehicles

(PRESS RELEASE) TAMPERE, Finland, 30-Dec-2019 — /EuropaWire/ — The northern lights are shining extra-bright in Tampere Finland this month as a major step forward in amplifying the power of lasers was achieved. For the first time a laser using similar … Read the full press release

Rheinmetall awarded major contract to manufacture aluminum housings for the 5G network

(PRESS RELEASE) DÜSSELDORF, 11-Dec-2019 — /EuropaWire/ — Rheinmetall to manufacture aluminum housings for the 5G network, systematically expanding the activities of its Automotive arm to include new product categories outside the automotive industry. The contract has been awarded through its … Read the full press release

400,000 electric vehicles to be equipped with NORMA Group thermal management line systems by 2025

(PRESS RELEASE) MAINTAL, 24-Sep-2019 — /EuropaWire/ — NORMA Group develops line systems for thermal management of battery units for a leading battery manufacturer. The systems will be used in up to 400,000 electric vehicles of a major international automobile manufacturer … Read the full press release

Horst Binnig to leave Rheinmetall Automotive AG and the Group holding company Rheinmetall AG

Horst Binnig to leave Rheinmetall Automotive AG and the Group holding company Rheinmetall AG

(PRESS RELEASE) DÜSSELDORF, 24-Jul-2019 — /EuropaWire/ — Horst Binnig, 60, to retire from Rheinmetall Automotive AG and the Group holding company Rheinmetall AG after 20 successful years in the Automotive sector. Binnig, currently serving as Chairman of the Executive Board … Read the full press release

Oliver Hoffmann and Julius Seebach to take over the management of Audi Sport GmbH

(PRESS RELEASE) INGOLSTADT/NECKARSULM, 30-Apr-2019 — /EuropaWire/ — Audi Sport GmbH’s Current Managing Director Michael-Julius Renz is to retire. Oliver Hoffmann (42) and Julius Seebach (35) appointed to take over the management of Audi Sport GmbH on May 1, 2019. Oliver … Read the full press release

Safety-critical positioning for autonomous driving: with ESCAPE the first fully integrated device is on its way

(PRESS RELEASE) BARCELONA, Spain, 19-Mar-2019 — /EuropaWire/ — Autonomous driving is the hot topic of todays’ mobility and transportation world. Safety is the most fundamental requirement and, at the same time, the greatest concern about autonomous driving applications.  The major … Read the full press release

Koenigsegg to accelerate growth in the hyper car market with EUR 150 million funding from NEVS (National Electric Vehicle Sweden)

(PRESS RELEASE) TROLLHÄTTAN, Sweden, 30-Jan-2019 — /EuropaWire/ — NEVS (National Electric Vehicle Sweden) has just announced it purchased 20 percent minority stake in Koenigsegg’s parent company for EUR 150 million. The high-performance sports cars maker Koenigsegg will use the new capital to accelerate … Read the full press release

Groupe PSA opens new assembly line for the Turbo PureTech 3-cylinder petrol engine in Tychy, Poland

The Tychy plant (Poland) benefited from € 250 million in investments to improve its performance and manufacture the 1.2 litreTurbo PureTech engine A modernized plant implementing Groupe PSA process and quality standards Production capacity projected up to 460,000 engines to … Read the full press release

Continental’s 4Q bolstered in part by strong sales of winter tires and the positive market development in the non-automotive industrial business

Stable operating performance in fourth quarter as expected Annual sales rise to around €44.4 billion (organic growth at about 3 percent) Adjusted EBIT for the year: around €4.1 billion (margin at about 9.2 percent) Free cash flow was higher than … Read the full press release