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    General Motors launches Chevrolet Menlo EV in China 
    General Motors has launched the Chevrolet Menlo electric vehicle (EV) in China, the automaker said in a press release on 20 February. It uses GM’s battery technology and a new-generation pure electric drive system, generating 110 kW of maximum power and 350 Nm of maximum torque, with electricit...
    25-Feb-2020 News New Products
    EasyMile’s EZ10 autonomous shuttle begins operations in Drolshagen and Lennestadt
    EasyMile’s EZ10 autonomous electric shuttle has commenced operations in Drolshagen and Lennestadt, in Germany, the French driverless shuttle manufacturer said in a press release on 24 February. The driverless shuttle service is operated by Südwestfalen autonom & mobil (SAM). The shuttle will ...
    Upstream Security joins Microsoft Intelligent Security Association to enhance automotive cyber security
    Israel-based automotive cybersecurity firm Upstream Security has joined the Microsoft Intelligent Security Association, a company press release on 24 February showed. Upstream Security also integrated its Upstream C4 platform with Microsoft Azure Sentinel, enabling detection, investigation, and solu...
    UltraSoC launches CAN Sentinel for automotive cyber security
    UltraSoC has announced the launch of its Controller Area Network (CAN) Sentinel, a new IP for security for the CAN bus. The UltraSoC CAN Sentinel is part of the bus, monitoring transactions of the vehicle’s electronic control units (ECUs), identifying suspicious activity, preventing and recti...
    25-Feb-2020 News New Products
    HELLA unveils new 77 GHz radar technology
    HELLA has announced that it will begin production of its 77-GHz radar technology in spring 2020, a company press release on 20 February showed. The sensors will be initially made in Germany, followed by China and the US. The sensor’s design enables its integration into the vehicle body and allo...
    25-Feb-2020 News New Products
    HERE Technologies, Cerence collaborate to deliver personalized in-car experience
    Mapping and location service provider HERE Technologies has partnered with Cerence to deliver personalized in-car experience, the two companies said in a press release on 24 February. As part of the collaboration, HERE’s location intelligence service will be integrated with Cerence’s Drive portf...
    25-Feb-2020 News New Products
    LG Chem to supply EV batteries to Lucid Motors
    US-based electric vehicle (EV) maker Lucid Motors has announced a long-term partnership with South Korean EV battery supplier LG Chem for the supply of EV batteries, according to a press release from Lucid Motors reported on 24 February. LG Chem will supply cylindrical batteries for its Lucid Air pu...
    LG Chem’s FY 2019 sales up 1.6% y/y to USD24.7 million
    LG Chem has reported a 1.6% year-on-year (y/y) growth in sales to KRW28.6 trillion (USD24.7 billion) for the fiscal year ended 31 December 2019, according to a company press release earlier this month. Despite higher sales, operating profit declined 60.1% y/y to KRW895.6 billion. The company said re...
    Kia Motors recalls 228,829 vehicles in US over issue with ABS module
    Kia Motors is recalling 228,829 vehicles in the US over issue with anti-lock brake (ABS) module, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website. The recall covers certain model year 2006–10 Sedona and 2007–09 Sorento vehicles. The recall is ex...
    25-Feb-2020 News Recalls
    Cooper Tire & Rubber’s FY 2019 net income grows 26% y/y to USD96.4 million
    US-based Cooper Tire & Rubber Company has reported a 26% year-on-year (y/y) growth in net income to USD96.4 million for the fiscal year ended 31 December 2019, according to a company press release on 24 February. Net sales for the year were down 1.9% y/y to USD2.7 billion. Despite lower sales, o...
    Cooper Standard’s FY 2019 net income falls 34.8% y/y to USD67.5 million
    Michigan-based automotive components manufacturer Cooper Standard has reported a drop of 34.8% year on year (y/y) in its net income to USD67.5 million for the fiscal year ended 31 December 2019, according to a company press release on 24 February. Adjusted net loss for 2019 was USD3.3 million. Sales...
    Sogefi’s FY 2019 revenues down 3.3% y/y to USD1.7 billion
    Sogefi has reported 3.3% year-over-year (y/y) decline in revenues to EUR1.52 billion (USD1.6 billion) in the financial year ended 31 December 2019, the Italy-based automotive supplier said in a press release on 24 February. The company’s revenue at constant exchange rates dropped by 2.2% y/y....
    Daimler Vans recalls 4,424 vehicles in US over issue with exhaust gas recirculation pipe
    Daimler Vans is recalling 4,424 vehicles in the US over an issue with the exhaust gas recirculation (EGR), according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website. The recall covers certain model year 2019 Mercedes Benz Sprinter and Freightliner Sprinter v...
    25-Feb-2020 News Recalls
    Audi halts e-tron production over battery supply shortage
    Audi halted production of its e-Tron electric sport utility vehicle (SUV) over a battery supply shortage, according to a report by Bloomberg on 24 February. Audi stopped manufacturing at its factory in Brussels, Belgium, and informed that the plant will remain idle until 3 March, according to t...
    Goodyear releases more details on connected tire development
    Goodyear has released more details on its connected tire development on 24 February 2020. According to a company press release, the company recently eclipsed three million miles of data from road tests and field trials with customers derived from its connected tires. Goodyear’s connected...
    25-Feb-2020 News New Products
    Automotive Exhaust and Aftertreatment Report
    The ICE as a pure source of power would soon no longer be the choice of powertrain design. ICEs will, in the short to medium term, venture into some form of hybrid and range extender platform for mainstream applications. WLTP is currently the standard test cycle for the EU market and is directing em...
    MEMS & Sensors for Automotive Market Tracker - H2 2019 Database
    This tracker provides insight into the MEMS and other silicon sensors market for the automotive industry, focusing on the key factors driving this market, technological trends and the status of the organizations in this space.
    Shanghai Songz
    Greater China / China
    Sichuan Chuanhuan
    Greater China / China
    Sun Cable
    Greater China / China
    AutoTechInsight Weekly – 24 February 2020
      Click the link above to download this week's issue
    Valeo reports 43% y/y decline in FY2019 net income to USD350 million
    Valeo’s net income declined 43% year over year (y/y) to EUR313 million (USD350 million) in the financial year ended 31 December 2019, the company said in a press release on 20 February. Sales increased by 2% y/y to EUR19.5 billion. Original equipment (OE) sales increased by 1% y/y to EUR16.4 billi...
    Tenneco’s Q4 2019 revenue drops 4.65% y/y to USD4.1 billion
    Automotive components supplier Tenneco has released its financial results for the full year 2019 and the fourth quarter of 2019 period. In a press statement issued on 20 February, the American firm reported that its revenue for the fiscal year 2019 stood at USD17.45 billion. This represents a r...
    Magna FY2019 sales down 3.4% y/y to USD39.43 billion
    Canada-based automotive technology firm Magna has released its financial results for the fiscal year of 2019. In a press release dated 21 February, the company reported sales of USD39.43 billion for the fiscal year of 2019, which was a drop of 3.4% year over year. The company registered sales of USD...
    Toyota Motor, Toyota Industries jointly develop new battery for hybrid vehicles
    Toyota Motor and Toyota Industries have jointly developed a new battery for hybrid electric vehicles (HEVs), the two companies said in a joint press release on 20 February. The two companies have developed the new battery to meet an expected surge in demand for HEVs. Toyota Industries will begin pro...
    24-Feb-2020 News New Products
    Scientists develop graphene-based supercapacitor that safely charges at high speeds
    Scientists from University College London and the Chinese Academy of Sciences have collaborated to develop a new graphene-based supercapacitor that can safely charge at high speeds, the Tech Explorist reported on 22 February, quoting the Nature Energy journal. The device is in the prototype stage...
    Varroc Lighting reports fire accident at Indian plant
    Varroc Engineering has reported a fire at its Hinjewadi automotive lighting plant in Pune, India. According to a BSE filing by the company, the fire occurred at Varroc Lighting Systems India Private Limited, a plant that manufactures lighting products for four wheelers in India. “The fire incidenc...
    Coronavirus outbreak: Nissan and Honda postpone restarting facilities in China
    Japanese automakers Nissan and Honda have delayed the restart of its operations at some facilities in China, citing directives from local authorities in the wake of the coronavirus outbreak, according to a Reuters report on 21 February. While Honda said that its plants in Wuhan, the epicenter of the...
    Honda to shut down production operations in the Philippines
    Honda Cars Philippines, Inc. (HCPI), which produces passenger cars BR-V and City, has announced that it will stop production operations in its plant in Sta. Rosa, Laguna in the Philippines effective March 2020, the automaker said in a press release on 22 February 2020. Significance: Honda is cons...
    Audi partners with Ericsson for 5G-based pilot project
    Audi has partnered with Ericsson to work on a new 5G-based pilot project in human-robot interaction, the German carmaker said on 18 February. One of the first instances to be displayed will be an automation application connected via 5G, with a focus on personal safety. The companies will be showi...
    Falken Tyre Europe supplies OE tires for Audi's A1 Series
    Falken Tyre Europe GmbH, a Sumitomo Rubber Group's European sales company, is supplying tires as original equipment (OE) fitment for the new Audi A1 series, according to a company press release on 21 February. The company is supplying its Falken ultra-high-performance tire AZENIS FK510A for the new ...
    General Motors updates mobile app to make EV charging easier for customers
    General Motors (GM) is making enhancements to its ‘Energy Assist,’ which is a standard feature available in the myChevrolet mobile app for Bolt electric vehicle (EV) owners, according to a company press release on 20 February. The enhancements to Energy Assist include dynamic data integration, S...
    24-Feb-2020 News New Products
    Porsche opens rapid-charging park for EVs in Leipzig
    Porsche is expanding the charging infrastructure for electric vehicles (EV) in central Germany with a new charging park called ‘Porsche Turbo Charging,’ the automaker announced in a press release on 19 February. The total capacity of the facility, which includes six internal quick charging point...
    24-Feb-2020 News Investments
    Continental, Kordsa start series production of tires with Cokoon dip technology
    Germany-based Continental and tier-1 supplier Kordsa have announced the start of series production of tires with Cokoon dip technology. According to a Continental press release on 20 February, the companies began the series production of the first 250,000 passenger car tires featuring their sustaina...
    24-Feb-2020 News New Products
    Constellium’s FY2019 net income down 66.3% y/y to USD71.6 million
    Constellium has reported a 66.3% year-on-year (y/y) fall in net income to EUR64 million (USD71.6 million) for the fiscal year ended 31 December 2019, according to a company press release on 20 February. The company posted revenue of EUR5.9 billion, up 4% y/y. Higher revenue helped the Netherlands-ba...
    Visteon’s FY2019 net income drops by more than half y/y to USD70 million
    Visteon has reported a 57% year-over-year (y/y) decline in net income to USD70 million in the financial year ended 31 December 2019, the company said in a press release on 20 February. Sales declined marginally, by 1.3% y/y, to USD2.98 billion, primarily due to lower vehicle production volumes and t...
    STMicroelectronics collaborates with TSMC to supply GaN devices
    Germany-based STMicroelectronics has announced a collaboration with TSMC to develop Gallium Nitride (GaN) process technology and the supply of discrete and integrated GaN devices, a company press release on 20 February read. STMicroelectronics’ GaN products will be manufactured using TSMC’s G...
    Volvo now offers 48-V mild-hybrid technology for all models
    In a press statement released on 21 February, Swedish car maker Volvo has announced that every single model in its product portfolio will now be available with mild hybrid powertrain options. Volvo claims that its 48 V mild-hybrid powertrains offer up to 15% fuel savings and emission reductions in r...
    24-Feb-2020 News New Products
    Mobile security firm Trustonic joins Car Connectivity Consortium
    Mobile security company Trustonic has joined the Car Connectivity Consortium (CCC), a company press release dated 18 February showed. Trustonic will work toward the development of digital key specification. “Connected car innovations like digital keys are hugely exciting. They deliver conv...
    u-blox develops multiradio modules featuring Wi‑Fi 6 for vehicles
    u‑blox has developed multiradio modules featuring Wi‑Fi 6 with 2 × 2 MIMO and dual‑mode Bluetooth 5.1, a company press release on 20 February showed. The JODY‑W3 is designed for wireless high-speed connections that are required in the vehicle. Its support spans from ultra‑HD video info...
    24-Feb-2020 News New Products
    Automotive Semiconductor Market Tracker - Q4 2019 Database
    The automotive semiconductor market generated revenues worth $41 billion in 2018 and fell by -3% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue is poised to increase again in 2020 owing to the growth of electronic content in ...
    Honda announces major changes to organizational and operational structures to improve efficiency
    Honda has announced certain changes to its organization and operations in Japan to improve efficiency, according to the company’s press release on 18 February. Currently, the company’s automobile business operates in a collaborative structure where each area of sales, engineering, or production,...
    Autoliv recommends measures to improve road safety in India
    Autoliv has released a series of recommendations to improve road safety in India, according to a company press release on 18 February. The Sweden-based safety systems supplier developed these recommendations in cooperation with the Indian government, local authority, and other stakeholders. Autoliv ...
    Vishay unveils high-power resistors for automotive applications
    Vishay Intertechnology has unveiled high-power resistors with AEC-Q200 automotive qualification, a company press release on 19 February showed. The Vishay Sfernice LPSA 300, LPSA 600, and LPSA 800 offer high power dissipation and pulse handling capabilities to help designers reduce component co...
    21-Feb-2020 News New Products
    Texas Instruments expands temperature sensing portfolio with new linear thermistors
    Texas Instruments has announced the availability of its linear thermistors, a company press release dated 17 February showed. According to the company, the thermistors deliver up to 50% higher accuracy than negative temperature coefficient (NTC) thermistors. The thermistors offer highly accu...
    21-Feb-2020 News New Products
    Panasonic launches long-range TOF image sensor
    Panasonic has developed a time-of-flight (TOF) image sensor for automotive range imaging and wide-area surveillance, the company said in a press release on 18 February. The sensor uses avalanche photodiode (APD) pixels and projects accurate 3D information of objects at distances up to 250 meters. ...
    21-Feb-2020 News New Products
    Opel to return to Japanese market next year with three models
    German carmaker Opel has announced that it will reenter the Japanese car market next year. In a press release issued on 18 February, the Groupe PSA–owned automotive firm has stated that it will be launching three new models in Japan in 2021 to start with—the Opel Grandland X compact sp...
    Citroën starts taking orders for C5 Aircross Hybrid in UK
    In a press release issued on 14 February, French carmaker Citroën stated that it has officially commenced accepting orders for its new sport utility vehicle (SUV), the C5 Aircross SUV Hybrid. This model happens to be the very first hybrid vehicle in Citroën’s product portfolio. Vehicle deli...
    21-Feb-2020 News New Products
    Honda releases powertrain details of new Jazz Hybrid
    In a press statement issued on 12 February, Japanese carmaker Honda has disclosed the details of the powertrain that will drive the new Jazz Hybrid. The company had announced at the end of last year that the Honda Jazz will be sold across Europe exclusively as a hybrid model. Honda will employ th...
    21-Feb-2020 News New Products
    Mercedes-Benz recalls 239 vehicles in US over issue with eCall communication module
    Mercedes-Benz is recalling 239 vehicles in the United States over an issue with the Emergency Call System (eCall) communication module, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website. The recall affects certain model year (MY) 2020 C300 Cabri...
    21-Feb-2020 News Recalls
    Lumax Industries’ Q3 net profit down 61.1% y/y to USD2.6 million
    Lumax Industries has reported a 61.1% year-on-year (y/y) decline in net profit to INR188.9 million (USD2.6 million) for the third quarter ended 31 December 2019, according to a company regulatory filing in early February. Profit before tax for the period was also down by 59.4% y/y to INR251.9 millio...
    EESL partners with BSNL to set up 1,000 EV stations in India
    State-owned Energy Efficiency Services Ltd (EESL) has signed a memorandum of understanding (MOU) with telecom major Bharat Sanchar Nigam Ltd (BSNL) for installing charging stations for electric vehicles (EVs). As per the MOU, EESL will set up public EV charging stations at 1,000 BSNL sites in a phas...
    Axalta's net income up 20.2% y/y to USD249 million in 2019
    Axalta Coating Systems’ net income increased 20.2% year on year (y/y) to USD249 million in the fiscal year ended 31 December 2019, the company said in a press release on 19 February. Net sales for the fiscal year were down by 4.5% y/y to USD4.5 billion, while income from operations grew by 10.4% y...
    Imports of lithium-ion batteries in India quadruples between 2016–18 period
    India has quadrupled its import of lithium-ion batteries to between 2016–18 period to 712 million in 2018, compared with 175 million batteries in 2016, Indian-based news site, The Hindu, reported on 9 February. From January 1, 2019, until 30 November 2019, imports touched 450 million. The cost of ...
    Tesla mulls sourcing LFP batteries from CATL
    Tesla is planning to source lithium iron phosphate (LFP) batteries from Chinese battery maker Contemporary Amperex Technologies (CATL), Reuters reported on 18 February. According the report, Tesla is in talks with CATL for the supply of LFP batteries for more than a year. Significance: Earlier th...
    Singapore plans to offer subsidies for electric cars and taxis from 2021
    Singapore is planning to offer subsidies for those who buy electric cars and taxis from January 2021 onwards, todayonline.com reported on 18 February, citing deputy prime minister Heng Swee Keat. Under the scheme, buyers will get a subsidy of  up to 45% on the additional registration ...
    Robert Bosch Venture Capital invests in US-based startup UltraSense Systems
    Robort Bosch Venture Capital (RBVC), the corporate venture capital unit of German supplier Bosch, and Artimen Ventures have led a Series B funding round at UltraSense Systems, RBVC said in a press release on 18 February. The US-based startup raised USD20 million in the latest funding round, bringing...
    21-Feb-2020 News Investments
    The battery electric vehicle: Why mass adoption is inevitable, yet elusive
    When will battery electric vehicles (BEVs) reach the tipping point and overtake the internal combustion engine (ICE) as the power source of choice? This question is already agreed by most industry observers one that defines the modern automotive era. Some industry analysts claim that retail ...
    Vehicle-to-everything (V2X) Communications Report
    This report explores the growth and importance of vehicle-to-everything (V2X) communication based on automotive telematics systems. The automotive telematics forecasts from IHS Markit analyze technology deployment, monitor OEM sourcing strategies and identify specific new business opportunities thro...
    21-Feb-2020 Report
    Garmin’s FY2019 revenue rises 12% to USD3.76 billion
    Garmin has announced a 12% year-on-year (y/y) increase in FY2019 revenue at USD3.76 billion, a company press release on 19 February showed. Net income for the period rose to USD952.5 million from USD694.1 million. Operating margin improved to 25.2% compared to 23.3% in 2018. Revenue from its fitn...
    Renesas collaborates with Hitachi to develop high-precision automotive A/D converter circuit
    Renesas Electronics has announced a technology collaboration with Hitachi to develop an analog-to-digital (A/D) automotive converter circuit, a company press release showed on 19 February. The technology comprises of enhanced precision by using a least mean square algorithm to measure and ca...
    20-Feb-2020 News New Products
    Polestar will deepen collaboration with Google to offer safer, more personalized HMI
    Polestar aims to deliver an enhanced user experience in its future vehicles through further collaboration with Google, Volvo Cars said in a press release on 18 February. Polestar was the first brand to launch a vehicle, Polestar 2, featuring an infotainment system, that is fully powered by Goog...
    20-Feb-2020 News New Products
    Hyundai launches next generation i20 with advanced connected car features
    Hyundai Motor has launched its new i20 hatchback with a variety of connected car features offered with its Bluelink technology, the automaker said in a press release on 19 February. Hyundai will offer Apple CarPlay and Android Auto wirelessly, along with a new 10.25-inch digital cluster and a 10.25-...
    20-Feb-2020 News New Products
    Hyundai and Kia develop ICT connected shift system
    South Korean car makers Hyundai Motor Company and Kia Motors Corporation, in a press statement released on 20 February, have announced that they have developed a predictive Information and Communication Technology (ICT) Connected Shift System, which is a world first. This system identifies the road ...
    20-Feb-2020 News New Products
    Gentherm reports 7.3% y/y drop in FY2019 revenue to USD971.1 million
    US-based thermal management firm, Gentherm, has posted its full year 2019 and fourth quarter 2019 financial results in a press statement issued on 19 February. The company has reported that its product revenue for the fiscal year of 2019 stood at USD971.7 million, which is a drop of 7.3% year on&nbs...
    Kia announces Smartstream hybrid powertrain for new Sorento SUV
    In a press statement issued on 19 February, South Korean car maker Kia Motors has revealed the engine specifications of its new SUV, the Sorento. The company has stated that this new vehicle will be driven by the ‘Smartstream’ turbocharged and electrified powertrain. The vehicle is powered by...
    20-Feb-2020 News New Products
    Volvo Cars supports wider emerging market seat belt regulation
    Volvo Cars has called on governments and regulators around the world to address what the company calls “a large inequality in road safety” between developed and developing economies, according to a company’s press release on 19 February. According to World Health Organization data, each year a...
    Geneva Motor Show 2020: Renault to showcase EV concept MORPHOZ
    Renault is set to showcase its new all-electric vehicle concept MORPHOZ at the 2020 Geneva Motor Show in Switzerland, the company announced in a press release on 19 February. Renault will present a 100% electrified stand during the press days with a full range of eight vehicles, including the world ...
    20-Feb-2020 News New Products
    STMicroelectronics develops new battery management system chip for EVs
    STMicroelectronics has developed a new chip for the battery management systems of electric vehicles (EVs), the company announced in a press release on 18 February. The new L9963 chip can monitor up to 14 stacked battery cells, measuring voltages with an accuracy better than 2mV in the 1.7–4.7V ran...
    20-Feb-2020 News New Products
    BMW to launch PHEV version of 330e Touring in summer 2020
    BMW is planning to launch the 330e Touring plug-in hybrid vehicle (PHEV) in the summer of 2020, the company announced in a press release on 19 February. Both the BMW 330e Sedan and BMW 330e Touring will now be available with classic rear-wheel drive and the intelligent all-wheel drive system BMW xDr...
    20-Feb-2020 News New Products
    New Zealand to add up to 110 EV charging stations
    The New Zealand government has announced additional funding to ramp up electric vehicle (EV) charging infrastructure across the country, Beehive.govt.nz reported on 18 February. The government approved a total of 21 projects that would see the installation of up to 110 EV chargers in more than 20 ar...
    Ford recalls 15,281 vehicles in Canada over issue with rear suspension toe link
    Ford has issued a recall of 15,281 vehicles in Canada over an issue with the rear suspension toe link, according to a recall notice on the website of Transport Canada on 11 February. The recall affects model year (MY) 2013–18 Ford Flex, Taurus, and Lincoln MKT. Significance: This recall is part...
    20-Feb-2020 News Recalls
    Bosch, ZF join Open Manufacturing Platform
    German auto parts manufacturers ZF Friedrichshafen and Bosch are joining the Open Manufacturing Platform (OMP) in a bid to accelerate and scale the development of manufacturing applications, ZF announced in a press a release on 19 February. OMP’s aim is to enable faster and more cost-effective inn...
    ElringKlinger reports preliminary financial results for 2019
    ElringKlinger has announced its preliminary, unaudited results for the fiscal year ended 31 December 2019. According to a company press release on 19 February 2020, the company’s revenue grew 1.6% year on year (y/y) in 2019 to EUR1.7 billion (USD1.83 billion). EBITDA declined 7.9% y/y to EUR1...
    Audi recalls 2,139 vehicles in Canada over issue with fuel tank
    Audi has issued a recall of 2,139 vehicles in Canada over an issue with the fuel tank, according to a recall notice on the website of Transport Canada on 12 February. The recall affects model year (MY) 2016–19 Audi TT models. Significance: In certain vehicles, the fuel tank could be damaged in ...
    20-Feb-2020 News Recalls
    Cisco - Global Headquarters
    North America / United States
    Germany's new EV subsidy programs comes into effect
    In a note on 19 February, Germany’s Federal Office of Economics and Export Control announced that the new subsidy program for electric vehicles (EV) is now in effect. As per the new program, the environment bonus for EVs priced up to EUR40,000 (USD44,650) will be raised by half, to as much as EUR6...
    FCA to start production of Fiat 500 BEV from June
    Fiat Chrysler Automobiles (FCA) is planning to start the production of its Fiat 500 all-electric hatchback at its Turin plant in Italy in June this year, the company announced in a press release on 17 February. The plant has already started production of the hybrid version of the Maserati Ghibli. FC...
    19-Feb-2020 News New Products
    Atlis Motor Vehicles to showcase new battery technology prototype later this month
    Electric vehicle (EV) technology start-up Atlis Motor Vehicles is set to showcase its ultra-fast charging battery technology prototype during its first Atlis Battery Day event later this month, news website Green Car Congress reported on 18 February. Atlis is also planning to showcase its 100% elect...
    19-Feb-2020 News New Products
    Jaguar offers embedded Spotify app in new F-Type
    British carmaker Jaguar has announced that its new Jaguar F-TYPE will be available with embedded Spotify app, a company press release dated 17 February showed. It is also backward-compatible with existing Jaguar models with the Touch Pro infotainment, Online Media feature and software-over-the-air (...
    19-Feb-2020 News New Products
    Mercedes-Benz reveals AMG GLE 63 4MATIC+ Coupé with ‘Supersport’ view and latest MBUX system
    Mercedes-Benz has said that its AMG GLE 63 4MATIC+ Coupé with ‘Supersport’ view and latest MBUX system provides additional information specific to AMG, such as a prompt borrowed from motorsport to shift up in manual transmission mode known as Shiftlight. It also contains the latest version Of M...
    19-Feb-2020 News New Products
    Cerence launches ‘Cognitive Arbitrator’ to interact with voice assistants in vehicle
    Cerence has announced the availability of Cerence Cognitive Arbitrator, an AI-powered product to ease built-in car voice systems for virtual assistants, third-party services, and content, a company press release on 18 February read. Cerence Cognitive Arbitrator is a smart hub that lets users make...
    19-Feb-2020 News New Products
    Opel equips new Insignia with advanced AWD system
    The new Opel Insignia GSi was premiered at the Brussels Motor Show recently and the Groupe PSA-owned German car maker will begin accepting orders for the vehicle in March 2020. The Insignia GSi features a new all-wheel drive system that is equipped with a rear-drive module that makes use of a twin c...
    19-Feb-2020 News New Products
    New BMW M340d xDrive Sedan and Touring to get mild hybrid powertrain
    German luxury and sportscar maker BMW has announced that the new additions to its M line-up, the M340d xDrive sedan and the M340d xDrive Touring station wagon, will be equipped with mild hybrid powertrains. In a press statement issued by the company, the 3.0 liter, twin turbocharged, straight 6 cyli...
    19-Feb-2020 News New Products
    Foresight Autonomous receives order for QuadSight prototype from Japanese automaker
    Foresight Autonomous Holding has received an order for its QuadSight four-camera vision system from a Japanese automaker, the company said in a press release on 18 February. The Japanese automaker had participated in live technological demonstration that Foresight organized last month. The demonstra...
    BorgWarner supplies twin scroll turbochargers to BMW
    In a press release issued by BorgWarner on 18 February, the American auto components supplier has stated that its twin scroll turbochargers will be supplied to BMW for use in its 3.0 liter, in-line six cylinder petrol engines. This engine is used in a large number of vehicles in the BMW product rang...
    Jaguar Land Rover unveils ‘Project Vector’ autonomous electric vehicle concept for urban mobility
    Jaguar Land Rover (JLR) has unveiled a new autonomous electric vehicle concept called ‘Project Vector’ for urban mobility, the company said in a press release on 18 February. The concept vehicle is compact in size, measuring four meters in length, and is designed for use in the city. JLR has pac...
    19-Feb-2020 News New Products
    Aptiv expects to lose USD150-200 million revenue in Q1 due to coronavirus-related shutdowns in China
    Aptiv expects its financial performance in the first quarter 2020 to be adversely impacted due to extended production suspension at its customers’ plants in China due to the novel coronavirus (COVID-19) outbreak, the company said in a regulatory filing. The company estimates an incremental loss of...
    Osram increases savings target from EUR220 million to EUR300 million by 2022
    German supplier Osram Licht has increased its savings target from EUR220 million to EUR300 million by 2022, according to a company press release on 18 February. Osram has increased savings target due to increased efficiency and the initiated measures. "But of course, we will not get Osram back on tr...
    Toyota recalls 1,037 vehicles in Australia over issue with seat belt reminder system
    Toyota has issued a recall of 1,037 vehicles in Australia over a failure of seatbelt reminder system, according to a recall notice on the Australian Competition and Commission (ACCC) website on 12 February. The recall affects model year (MY) 2015-19 Prius (ZVW50) and Prius V (ZVW40) vehicles. Sig...
    19-Feb-2020 News Recalls
    PPG appoints Tom Maziarz vice president, Automotive Refinish, Americas
    PPG has appointed Tom Maziarz as vice president, automotive refinish, Americas, effective 1 March, the company announced in a press release on 18 February. Maziarz will succeed Greg Benckart, who has announced his intention to retire, effective 1 July. Maziarz is currently serving as general mana...
    Solvay develops safer plastic foams for automotive interiors
    Solvay has developed a new plastic foam—Alve-One—for automotive interior applications, according to a company press release on 10 February. The newly developed Alve-One® is a sustainable foaming alternative, entirely inorganic-based formulation. The company claims that it’s a 100% safe, perfo...
    19-Feb-2020 News New Products
    Qualcomm - Global Headquarters
    North America / United States
    Elmos Semiconductor’s FY2019 net profit more than doubles y/y to USD96 million
    Germany-based Elmos Semiconductor reported a 142.7% year-on-year (y/y) rise in FY2019 net profit at EUR85.7 million (USD96 million), a company press release showed on 17 February. Sales during the same period were up 6.2% to EUR294.8 million. Gross margin came in at 46.4% compared to 45.2% last year...
    Volkswagen extends plant closure at some Chinese plant until next week
    Volkswagen (VW) has postponed production restarts at some of its plants in China that it runs with the local joint venture partner SAIC Motors by one more week (24 February), citing supply-chain and logistical issues caused by the novel coronavirus (COVID-19) outbreak which has killed more than 1,80...
    OPEN Alliance’s membership grows to over 400; strengthens expertise in automotive ethernet
    The OPEN Alliance has announced that its membership has grown to over 400 members as it seeks to bring together expertise on automotive ethernet, a press release on 13 February showed. Not just OEMs and tier-1 suppliers, but also from sectors like testing and advanced application/technological ...
    Renesas Electronics, Panthronics collaborate for solutions in connected IoT and wireless charging
    Renesas Electronics has announced a tie-up with Panthronics AG for Internet of Things (IoT) solutions, consumer and industrial markets, a company press release on 13 February revealed. The idea behind the collaboration is for the solutions to reduce size, lower power consumption and offer OEMs faste...
    Toyota, Mazda resume some operations in China after suspension due to coronavirus outbreak
    Japanese automakers Toyota and Mazda have resumed some manufacturing operations at their plants in China after extended shutdown due to novel coronavirus (COVID-19) outbreak in the country, Kyodo News reported on 17 February. Toyota has resumed operations at its plants in Changchun, Jilin Province a...
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