(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
Posted in Automotive, Industrial, Investment, Metals and Minerals, News, Norway
Tagged aluminium, aluminium extrusion, asset modernization, automotive, Cressona, Hydro, investment, Manufacturing, Mike Hammer
(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
Posted in Austria, Industrial, Italy, News, Technology
Tagged advertising, Andritz, ANDRITZ eXcelle, automotive, carding, clothing, crosslapping, eXcelle batt forming line, eXcelle card, eXcelle crosslapper, fiber webs, furnishing, geotextiles, Italy, Malivlies, Maliwatt, Maliwatt products, Maliwatt stitchbonding, medical, naval, nonwoven fabrics, nonwoven process, packaging, Pratrivero s.p.a., ProDyn system, ProDyn™, quilting, Stitchbond, stitchbonding processes, Valdilana, web profiling correction system
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
Posted in Business, Germany, Management, News, Technology
Tagged appointment, automotive, CEO, Chairman, Dr. Roland Busch, Dr. Xiao Song, logistics, Lothar Herrmann, mobility, President, Siemens AG, Siemens China, Smart Grid
(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
Posted in Automotive, Germany, News, Sports, Technology
Tagged automotive, BMW Junior Team, BMW M, BMW M GmbH, BMW M2 Competition, BMW M3 Limousine, BMW M4 Coupé., BMW Motorsport, BMW Motorsport GmbH, Dan Harper, Eddie Cheever, Jochen Neerpasch, Manfred Winkelhock, Marc Surer, Markus Flasch, Max Hesse, Neil Verhagen, Nürburgring-Nordschleife, racing, sport
(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
Posted in Belgium, Business, Chemicals, Construction, France, Germany, Industrial, News, Switzerland
Tagged acquisition, Adhesive Solutions, advanced materials, Arkema, automotive, battery, Bostik, Coating Solutions, compounding capacities, construction, copolyamide polymerization, copolyester, Fixatti, grinding, hotmelt adhesive solutions, polymerization, Prochimir, technical coating, textile printing, thermobonding adhesive powders, thermobonding powders
(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
Posted in Automotive, Business, Financial, Investment, Management, News, Sweden
Tagged AB Volvo, automotive, shareholders, shares, trading, votes
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
Posted in Automotive, News, Spain, Transportation & Logistics
Tagged Arnaud Hacault, automotive, compact SUV, Fernando Salvador, Jan Conesa, SEAT, SEAT Ateca 2020, SUV
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
Posted in Automotive, Denmark, Iceland, Industrial, News, United Kingdom
Tagged automotive, Bentayga, Bentayga Hybrid, Bentayga V8, Bentley Motors, electrification, Guy Smith, luxurious SUV, luxury SUV, Rømø Beach, SUV
(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
Posted in Automotive, Business, Germany, Industrial, Technology
Tagged acquisition, Alexander Bonk, automotive, data processing, fieldbus systems, Hans-Ludwig Göhringer, industrial networks, instrumentation, IVG Göhringer, Leadec, Manufacturing, Markus Glaser-Gallion, predictive maintenance, technical services, technology
(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
Posted in Automotive, Germany, Healthcare, Industrial, Management
Tagged automotive, car makers, car plants, COVID-19, Daimler, electric initiative, Ergun Lümali, Frank Deiß, Jörg Burzer, Mercedes-Benz, Michael Bauer, Michael Häberle, pandemic
(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
(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
Posted in Automotive, Electronics & Machinery, European Union, Finland, Germany, Greece, Italy, Latvia, News, Technology, Transportation & Logistics, United Kingdom
Tagged Ampliconyx, AMPLICONYX OY, automotive, broadband internet, Centro Richerche Fiat SCPA, Ceram Optec Sia, Dr Maxim Odnoblyudov, Dr Regina Gumenyuk, EU H2020, Fiat e-500, Finland, Foundation for Research and Technology HELLAS, green vehicles, Hochschule Mittweida, laser, laser generator, lasers, LUNOVU Gmbh, Manufacturing, Modus Research and Innovation Limited, Nanotypos OE, Nello Li Pira, northern lights, Onostampi SRL, photonics, Prime Laser Technology, PULSE research, Tampere, Tampere University
(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
(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
Posted in Automotive, Germany, Industrial, News, Technology, Transportation & Logistics, Travel
Tagged automotive, batteries, battery units, Dr. Michael Schneider, electric vehicles, EV, Norma Group, Thermal Management
(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
Posted in Automotive, Germany, Industrial, Management, News
Tagged Armin Papperger, automotive, CEO, Chairman, CHINA, Folke Heyer, Hengstler GmbH, Horst Binnig, KACO Group, KS Aluminium-Technologie, leadership, Rheinmetall AG, Rheinmetall Automotive AG, Shanghai Automotive Industry Corporation, Ulrich Grillo
(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
(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
Posted in Automotive, France, Germany, News, Security & Safety, Spain, Technology, Transportation & Logistics
Tagged automated driving, automotive, autonomous driving, EGE, EGNSS, engine for autonomous vehicles, ESCAPE project, European GNSS Agency, FICOSA, Fundamental Elements, GALILEO, Global Navigation Satellite System, GMV, GNSS, GNSS receiver, GNSS-only positioning algorithms, GPS+GALILEO receiver, IFSTTAR, Istituto Superiore Mariom Boella, Renault, safety-critical applications, the ESCAPE GNSS Engine, Université de Technologie de Compiègne (UTC)
(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
Posted in Automotive, Financial, Investment, News, Sweden, Technology
Tagged advanced cars, automotive, Autonomous Vehicles, Christian von Koenigsegg, electric vehicles, electrification, EV, EV cars, Evergrande, fully electric premium vehicles, high-performance sports cars, hyper car, intellectual property, investment, Kai Johan Jiang, Koenigsegg, mobility, National Electric Vehicle Sweden, NEVS, NEVS 9-3 EV, product design, Saab Automobile AB, Shanghai CENAT New Energy Co Ltd, technology licenses, Trollhättan
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
Posted in Automotive, France, Industrial, Poland, Technology
Tagged Arkadiusz Suliga, Assembly Line, automotive, Carlos Tavares, engine, Groupe PSA, petrol engine, Poland, Tychy
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
Posted in Automotive, Business, Financial, Germany, Industrial
Tagged automotive, Business, Continental, Dr. Elmar Degenhart, Industrial, powertrain, profit, tires, winter tires, Wolfgang Schäfer
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