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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    12-Apr-2021 News OEM Purchasing Pinned
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    Auto Shanghai 2021: Lincoln China debuts all-new Corsair PHEV
    Lincoln debuted the all-new Lincoln Corsair plug-in hybrid (PHEV) at Auto Shanghai 2021. According to a company press release on 19 April, the Corsair PHEV is Lincoln’s first locally produced new energy vehicle (NEV). Lincoln also officially debuted the Zephyr Reflection Preview Car and launched L...
    20-Apr-2021 News New Products
    Magna wins new business for eDrive gearboxes with EV startups in China
    Canadian automotive components and systems supplier, Magna, has announced that it has won additional business to further support Chinese electric vehicle (EV) startups. Furthermore, according to a press release issued by Magna on 19 April, the company’s joint venture with Jiangling Motors Co., Ltd...
    2021 Shanghai Auto Show: Valeo showcases thermal, lighting solutions
    Valeo is presenting innovative thermal and lighting technologies at the ongoing 2021 Shanghai Auto Show in mainland China, according to a company press release on 19 April. In the field of thermal, Valeo is showcasing new heat pump and FlexHeater smart heating technology. In the field of lighting, t...
    20-Apr-2021 News New Products
    Schaeffler signs agreement with Refire to manufacture key components for hydrogen fuel cells
    Schaeffler has entered into a cooperation agreement with Refire, a supplier of hydrogen fuel cell technology in China, to develop and produce key components for hydrogen fuel cells, at the Auto Shanghai 2021 motor show. According to a press release issued by Schaeffler on 19 April, the company state...
    20-Apr-2021 News New Products
    Washington state to phase out gasoline vehicles by 2030
    The Washington State legislature has passed a legislation that sets a target for all model year 2030 or later passenger and light-duty vehicles sold in Washington state, US, to be electric vehicles (EVs). The new law puts Washington five years ahead of California's target of 2035. According to a pre...
    Hyundai, Kia, SK Innovation to collaborate on HEV battery development
    Hyundai Motor, Kia, and SK Innovation have announced that they will be collaborating on the development and production of hybrid electric vehicle (HEV) batteries. According to a press release issued by SK Innovation on 16 April, the companies are collaborating with the goal of developing and mass pr...
    19-Apr-2021 News New Products
    Suppliers to the new Seat Leon
    The fourth-generation 2020 Seat Leon is assembled at Seat's facility in Martorell, Spain. Output of the new version of the hatchback is expected to peak at more than 129,000 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car cutaways pub...
    AutotechInsight Weekly – 19 April 2021
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    Auto Shanghai 2021: NTN to exhibit ball bearing products for electrified vehicles
    NTN Corporation has announced that it will exhibit products pertaining to electrification, low fuel consumption, and higher efficiency at the Auto Shanghai 2021 held in Shanghai, mainland China, from 19 to 28 April, according to a company press release on 15 April 2020. These mainly include bearings...
    16-Apr-2021 News New Products
    Subaru recalls 871,205 vehicles in US over engine control module, rear stabilizer bar issues
    Subaru has issued two separate recalls affecting 871,205 vehicles in the United States over issues with engine control module (ECM) and rear stabilization bars, Automotive News reported on 15 April. The recalls involve certain model year (MY) 2017–19 Impreza sedan and hatchback and MY 2018–19 Cr...
    16-Apr-2021 News Recalls
    Multiple US labs work together to introduce HT-PEM fuel cells
    Los Alamos National Laboratory, Advent Technology Holdings Inc., Brookhaven National Laboratory, and the National Renewable Energy Laboratory (NREL) will work over the next few years to bring to market high-temperature proton exchange membrane (HT-PEM) fuel cells to convert hydrogen and other renewa...
    Ford adds hybrid, RWD variants in Explorer SUV lineup
    American carmaker, Ford, has announced that it is expanding its model year (MY) 2021 Explorer sports utility vehicle (SUV) portfolio. According to a press release issued by Ford on 8 April, the company is adding a rear-wheel drive (RWD) Explorer Platinum, and a Platinum Hybrid variant. Order...
    14-Apr-2021 News New Products
    Toyota starts production of hybrid electric drives for Yaris in Poland
    Toyota Motor Manufacturing Poland (TMMP) has launched the production of hybrid electric transmissions for its low-emission hybrid electric powertrains. According to a press release issued by TMMP on 7 April, the company stated that this new transmission combines with the latest generation 1.5L ...
    Yamaha Motor develops new hyper-EV electric motor
    Yamaha Motor Co., Ltd. has announced that it has developed an electric motor to cater to vehicles that need highest class in output density, according to a company press release on 12 April. This unit is aimed at application in “hyper-EV models” and offerings in the high-output mobility segment....
    13-Apr-2021 News New Products
    MY 2022 Hyundai Kona N to feature high-performance N dual clutch transmission
    South Korean carmaker, Hyundai Motor, has announced that its new Kona N sports utility vehicle (SUV) will be made available with a high performance transmission. According to a press release issued by Hyundai on 7 April, the company stated that this upcoming SUV will be equipped with an 8-speed, wet...
    13-Apr-2021 News New Products
    AutotechInsight Weekly – 12 April 2021
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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    Continental to expand production operations in Timișoara, Romania
    Germany-based Continental has purchased a new building in Timișoara, Romania to expand operations in the country. According to a company press release on 7 April 2021, the new building includes the production hall and offices located on Otto Rudolf Street, in the Freidorf Timișoara Industrial Park...
    08-Apr-2021 News Investments
    AutoTechInsight Webinar: Bridging the Gap from Level 2+ to Autonomous Driving
    Watch an on-demand replay now AutoTechInsight Webinar: Bridging the Gap from Level 2+ to Autonomous Driving Automated driving sits at the forefront of vehicle technology and presents an opportunity for brand differentiation in a crowded market. As automakers, suppliers, and mobility provi...
    07-Apr-2021 News Webinars
    New Mercedes-Benz CLS gets mild hybrid powertrain
    Mercedes-Benz luxury carmaker, Mercedes-Benz, will launch the updated CLS-Class later in April. According to a press release issued by Mercedes-Benz on 7 April, the vehicle will also get a mild hybrid powertrain option. The CLS 300 d 4MATIC has a mild hybrid powertrain. Its 4-cylinder diesel engi...
    07-Apr-2021 News New Products
    Rheinmetall subsidiary to establish tech center for pistons in Nanjing, China
    Rheinmetall’s subsidiary KS Kolbenschmidt GmbH and its cooperation partners, including auto parts maker ZYNP Corporation and Riken Corporation, have joined forces to open a tech center in Nanjing, mainland China, Rheinmetall announced in a press release on 1 April 2021. The new ‘United Tech Cent...
    05-Apr-2021 News Investments
    Mercedes-AMG unveils new powertrain electrification strategy
    With the future electrification of the drivetrain, Mercedes-AMG is leveraging expertise gleaned from the Mercedes-AMG High Performance Powertrains (HPP) and the Mercedes-AMG Petronas F1 Team. According to a press release issued by Daimler on 31 March, the company stated that its new drive strateg...
    AutotechInsight Weekly – 5 April 2021
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    Stellantis to add Peugeot 308 PHEV, Opel Astra electric to product portfolio
    Stellantis has announced its plan to provide a plug-in hybrid version of its Peugeot 308 hatchback and an electric version of its Opel Astra. According to a video issued by Peugeot on 31 March, the company stated that these two models will be among a series of new additions to the carmaker’s elect...
    02-Apr-2021 News New Products
    bp joins BMW, Daimler Mobility as investor for Digital Charging Solutions
    BMW Group and Daimler Mobility AG have joined bp in a drive to extend and significantly improve electrification, making electric vehicle (EV) charging more convenient and simpler for EV owners. According to a press release issued by BMW on 30 March, the company stated that the three companies will b...
    Honda recalls 761,000 vehicles globally to replace fuel pumps
    Honda will recall about 761,000 vehicles globally to replace fuel pumps, according to a report by Automotive News on 30 March. The recall covers certain Accord, Civic, CR-V, Fit, Pilot, Ridgeline, MDX, RDX, and TLX vehicles. The recall involves 628,000 units of model year 2018–20 Acura and Honda v...
    31-Mar-2021 News Recalls
    MAHLE opens new test center in Germany for fuel cells
    MAHLE has opened a new test center in Stuttgart, Germany for fuel cells. According to a company press release on 30 March 2021, the company has the new test center for hydrogen applications into operation on a 1,400-square-meter, site in Stuttgart. The company has invested around EUR2 million (USD2....
    31-Mar-2021 News Investments
    Marelli makes top management appointments for electrification, ADAS, and electronics
    On 26 March, Marelli announced a few key appointments for its electrification, ADAS and electronics divisions. Joachim Fetzer will be appointed as Chief Technology and Innovation Officer (CTIO), while Hannes Prenn will join as EVP and CEO of the Electric Powertrain business. The new appointments are...
    AutotechInsight Weekly – 29 March 2021
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    Vitesco Technologies provides modular electric drives for mass-market vehicles
    Automotive powertrain components supplier, Vitesco Technologies, is pushing ahead with its electrification strategy for mass-market vehicles to meet rapidly growing global demands. According to a press release issued by Vitesco on 23 March, the company’s products cover applications for all ke...
    26-Mar-2021 News New Products
    Eaton, Tenneco partner to develop integrated exhaust thermal management system
    Power management company Eaton and American auto supplier, Tenneco, have announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle man...
    26-Mar-2021 News New Products
    MAHLE to invest USD14.19 million in five new testing and development facilities worldwide
    Automotive powertrain and electromobility components supplier, MAHLE Powertrain, has announced that it is investing EUR12 million (approximately USD14.19 million) in the construction of five new testing and development facilities. According to a press release issued by MAHLE on 24 March, the company...
    25-Mar-2021 News Investments
    Renault to manufacture five new hybrid SUV models in Spain in 2022–24
    France’s Renault has said that it would start producing five new hybrid SUV models in its “second home” Spain in 2022–24, in line with an agreement with unions in the country, reports Reuters. The automaker intends to make Spain a hub for its E-TECH hybrids in an attempt to improve profit ma...
    25-Mar-2021 News New Products
    Stellantis recalls 20,000 Ram pickup and chassis cab trucks globally over fire risk
    Stellantis is recalling more than 20,000 heavy-duty Ram diesel trucks globally over an issue that could cause an engine compartment fire, according to a report by Automotive News on 24 March. the recall affects certain model year (MY) 2021 Ram 2500 and 3500 pickups and 3500, 4500, and 5500 chassis c...
    25-Mar-2021 News Recalls
    Opel upgrades battery center in Rüsselsheim, Germany to cover eCMP models
    Stellantis-owned German carmaker, Opel, has announced that it is upgrading its battery center in Rüsselsheim, Germany. According to a press release issued by Opel on 23 March, the center, which was established 10 years ago, now has the capability to check and, if necessary, repair the batteries of ...
    AutoTechInsight Webinar: Automotive chip shortage - do we ever learn?
    Watch an on-demand replay now  AutoTechInsight Webinar: Automotive chip shortage - do we ever learn? Phil Amsrud and Jeremie Bouchaud will present on the origin of the chip shortage and will explain the specifics of the automotive chip supply chain. IHS Markit will also analyze best pract...
    24-Mar-2021 News Webinars
    Vitesco develops new master controller motion for powertrains
    Vitesco Technologies has developed a new master controller for automotive powertrains to reduce the number of networked ECUs, the company said in a press release on 23 March. The new master controller features technology that allows integration of individual sub-functions, also by over-the-air (OTA)...
    24-Mar-2021 News New Products
    NSK develops ultra-high-speed bearing for hybrids, EVs
    NSK has developed a new ultra-high-speed bearing ideal for electric vehicles (EVs), including battery electric, hybrid, and other new energy vehicles, according to a company press release on 18 March. The new bearing allows electric motors to operate at higher speeds, reducing power consumption per ...
    24-Mar-2021 News New Products
    BorgWarner launches new electrification strategy, aims to grow EV revenues to 45% by 2030
    US-based automotive powertrain components supplier, BorgWarner, has unveiled its new strategy for accelerating electrification. In a press release issued by the company on 23 March, BorgWarner stated that has launched its new ‘Project CHARGING FORWARD’, which aims to raise the company’s electr...
    Volkswagen brand to stop development of new ICEs
    Germany-based automaker, Volkswagen, has announced that it will no longer develop new internal combustion engines (ICEs). According to an interview published by German news publication Automobilwoche on 21 March, the company has stated that it will continue to further develop existing ICE lines...
    Suppliers to the new Toyota Supra
    The fifth-generation 2020 Toyota Supra is assembled at Toyota's facility in Graz #2, Austria. Output of the new version of the sports grand tourer is expected to peak at more than 8,800 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car ...
    ŠKODA offering iV chargers and POWERPASS charging service
    Volkswagen-owned Czech carmaker, ŠKODA, has announced its new iV charging stations and the POWERPASS charging service. According to a press release issued by ŠKODA on 19 March, the company stated that it now offers chargers for home or business charging. The ŠKODA iV chargers are available in ...
    22-Mar-2021 News New Products
    AutotechInsight Weekly – 22 March 2021
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    Volkswagen reveals e-mobility strategy on its first Power Day
    One of the most predominant trends in the global automotive industry of today is the relentless move toward electrification.  Carmakers around the world are heeding the demand to shift away from inefficient propulsion methods and focus instead on hybridization and electrification. German automo...
    ZF FY 2020 sales declines by 10.7% y/y to USD40 billion
    ZF has reported 10.7% year-over-year (y/y) decline in sales to EUR32.6 billion (USD40 billion) in the financial year ended 31 December 2020, the Germany-based automotive supplier said in a press release on 19 March. The company generated 46% of its 2020 sales from Europe. North America and Asia-Paci...
    M&A: Bharat Forge acquires 100% stake in Kalyani Powertrain
    Bharat Forge has acquired a newly formed company within Kalyani Group named Kalyani Powertrain Private Limited (KPPL), according to a BSE filing by Bharat Forge on 16 March 2021. KPPL has been formed with an aim to develop electric powertrain transmission systems for the automotive sector. KPPL has ...
    SEAT’s Cupra commences series production of Leon e-Hybrid
    Volkswagen-owned Spanish car maker SEAT’s high-performance division, CUPRA, has commenced series manufacturing of its Leon e-Hybrid in both 5-door and Sportstourer body styles with a power output of 201 bhp, in addition to the 242 bhp variant. According to a press release issued by SEAT on 12 Marc...
    17-Mar-2021 News New Products
    Hyundai launches MY 2022 Tucson PHEV in US
    South Korean carmaker, Hyundai, has announced the addition of a plug-in hybrid (PHEV) and the N Line models to its MY2022 Tucson SUV portfolio. According to a press release issued by the company on 16 March, the new Hyundai Tucson N Line and plug-in hybrid models will be produced in Ulsan, South Kor...
    17-Mar-2021 News New Products
    Audi ends development of new ICEs
    German luxury and sportscar manufacturer, Audi, has announced that it has stopped the development of new internal combustion engines (ICEs). According to a report filed by electric transport news service Electrive on 16 March, Audi CEO Markus Duesmann, in an interview with German newspaper Frankfurt...
    Indian supplier UNO Minda Group realigns business domains
    Indian supplier UNO Minda is realigning its business domains to be future-ready, according to a regulatory filing by the company on 15 March. The company has been working on ‘Organization & Business Transformation’ project for last few months in partnership with a global consulting firm. The...
    Suppliers to the new Audi A3
    The fourth-generation 2020 Audi A3 is assembled at Audi's facility in Ingolstadt #1, Germany. Output of the new version of the compact sedan is expected to peak at more than 59,000 units in 2023, according to IHS Markit. If you would like your company included in this feature or the car cutaw...
    Market challenges and outlook for automotive powertrain suppliers in 2021
    The recent few years have seen progress and advancements being made at a blinding pace in the automotive powertrain sector. Faced with mounting pressure all over the world for lowering pollutants and increasingly more stringent emission norms, OEMs are making conventional powertrain systems as effic...
    Schaeffler joins STARTUP AUTOBAHN as ‘anchor partner’
    Schaeffler has joined the Stuttgart-based STARTUP AUTOBAHN innovation platform as ‘anchor partner’, the company announced in a press release on 11 March 2021. “As a global automotive and industrial supplier, we want to pioneer motion to advance how the world moves. STARTUP AUTOBAHN is perfe...
    AutotechInsight Weekly – 15 March 2021
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    Magna introduces eBeam technology for pickup truck electrification
    Canadian automotive components and systems manufacturer, Magna, has announced that it is expanding its powertrain electrification capabilities. According to a press release issued by Magna on 11 March, the company has launched its new eBeam technology, which is scalable and gives automakers the abil...
    12-Mar-2021 News New Products
    Vitesco Technologies moves into new regional headquarters in Shanghai
    Vitesco Technologies, a global supplier of modern powertrain technologies and electrification solutions, announced new regional headquarters located in Shanghai, mainland China, according to a company press release on 10 March 2021. Nearly 450 employees recently moved into their new, 6,000-square-me...
    Continental plans to invest USD178 million in Romania in 2021
    Continental invested EUR150 million (USD178 million) in Romania in 2020, SeeNews reported the company saying in a statement on 11 March. The German supplier will invest similar amount at its manufacturing facilities and research and development (R&D) centers in 2021.   Significance: All ...
    12-Mar-2021 News Investments
    NTN to supply half-shafts for MY 2021 Cadillac Escalade
    Japanese automotive components supplier, NTN Corporation, has announced that it has been awarded the business to provide rear half-shafts (constant velocity joints) for the model year (MY) 2021 Cadillac Escalade. According to a press release issued by NTN Corporation on 11 March, the company stated ...
    Aston Martin to manufacture electric cars in UK by 2025
    British luxury carmaker, Aston Martin, has announced that it will manufacture its entire electric product portfolio in the United Kingdom by 2025. According to a report filed by new agency BBC on 8 March, Aston Martin has stated that its electric sportscars will be manufactured at the company’s pr...
    Singapore to end registration of new diesel cars by 2025
    Singapore has announced that the registration of new diesel cars and taxis in the country will cease from 2025. According to a report filed by Singaporean news agency Channel News Asia on 4 March, this announcement came from the country’s Minister for Transport, Ong Ye Kung, and it is being done&n...
    Sintercom India raises fund from Miba group
    Sintercom India Limited (Company) has raised funds on a preferential private placement basis in the form of equity shares and compulsory convertible debentures (CCDs) from one of its promoters Miba Sinter Holding GmbH & CO KG (Miba), according to a press release on 5 March 2021. The funds raised...
    Thermal Management Solutions Group formed to tap growth in EV segment
    The Thermal Management Solutions Group has been formed to take advantage of the global growth in electrified vehicles (EVs). According to a press release issued by the Group on 3 March, Thermal Management Solutions has been formed by Cartesian Capital Group and the former Arlington Industries T...
    AutoTechInsight Webinar: Augmented reality - A new frontier for automotive head-up displays
    Watch an on-demand replay now  AutoTechInsight Webinar: Augmented reality: A new frontier for automotive head-up displays This webinar will provide context by reviewing the global trends driving the market for head-up displays. Trends will be considered amongst the backdrop of curren...
    10-Mar-2021 News Webinars
    Continental’s FY 2020 sales declines 15.3% y/y to USD46.3 billion
    Continental has reported a 15.3% year-on-year (y/y) decline in sales to EUR37.7 billion (USD46.3 billion) for the fiscal year ended 31 December 2020, the German car parts supplier said in a press release on 9 March 2021. The company posted minus EBIT of EUR718.1 million, compared with minus EBIT of ...
    MAHLE CEO Jörg Stratmann to step down
    Dr. Jörg Stratmann, Chairman of the Management Board and CEO of MAHLE Group will resign from his positions with effect from 31 March 2021, according to a company press release on 8 March 2021. The appointment of a successor by the Supervisory Board will take place without delay. Until the successor...
    ElringKlinger secures high volume order for battery components
    German automotive components manufacturer, ElringKlinger AG, has announced that it has won a high-volume contract for supplying cell contacting systems. According to a press release issued by ElringKlinger on 9 March, from the first half of 2022 onward, the company will supply the German plant of a ...
    Cadillac launches XT5, XT6 SUVs in mainland China with 48 volt mild-hybrid powertrain
    GM-owned American luxury car maker, Cadillac, has launched upgraded versions of the XT5 and XT6 SUV lineups in China. According to a press release issued by Cadillac on 25 February, the company has equipped these vehicles with a 48V mild hybrid system for improved fuel economy and driving performanc...
    09-Mar-2021 News New Products
    Mercedes-Benz to upgrade Germany’s Untertürkheim plant for electric drives and battery technology
    German luxury car manufacturer, Mercedes-Benz, has announced that it is transforming its Mercedes-Benz Drive Systems unit and its Stuttgart-Untertürkheim site for an “Electric First” future in the context of Ambition 2039–the company’s strategy toward carbon neutrality. According to a pr...
    08-Mar-2021 News Investments
    Mercedes-Benz AMG breaks ground for new technology center in Affalterbach, Germany
    Mercedes-Benz AMG broke ground on new technology center in Affalterbach, Germany for the development of electrified high-performance powertrains and electrical components, the automaker announced in a press release on 4 March. The new Technikum tech center spanning over an area of 5000 square meters...
    AutoTechInsight Weekly – 8 March 2021
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    Magna debuts electrified chassis and connected PHEV powertrain systems
    As part of Magna’s roadmap to e-mobility, the company has introduced its new connected plug-in hybrid vehicle (PHEV) drivetrain and next-gen all-electric AWD solution. According to a press release issued by Magna on 4 March, the company debuted both these products in Sweden. The Magna Etelligen...
    05-Mar-2021 News New Products
    Renault launches Arkana hybrid SUV in Europe
    French carmaker, Renault, has launched its newest SUV, the Arkana, in Europe. According to a press release issued by Renault on 4 March, the company stated that the 145 bhp E-TECH Hybrid powertrain will be provided as an option on this vehicle. Additionally, Renault will also make this vehicle av...
    05-Mar-2021 News New Products
    Martinrea FY 2020 sales dips 12.6% y/y to USD3.38 billion
    Canada-based automotive components supplier Martinrea has posted its financial results for the full fiscal year 2020. According to a press release issued by Martinrea on 4 March, the company posted a total sales figure of USD3.38 billion, which implies a reduction of 12.64 % year-over-year (y/y) fro...
    Hyundai launches Bayon crossover in Europe with mild-hybrid powertrain
    South Korean carmaker, Hyundai, has launched its new crossover, the Bayon, with the option of a 48-V mild hybrid powertrain. According to a press release issued by Hyundai on 2 March, the vehicle will also be made available with the company’s intelligent manual transmission (iMT) for improved...
    04-Mar-2021 News New Products
    Continental outlines new strategy for hose and line business
    German technology company Continental has announced a new strategy for its hose and line business, according to a company press release on 3 March 2021. The new strategy revolves around two primary objectives: “On the one hand, we are more strongly targeting eMobility as a major growth market. On ...
    Bekaert FY 2020 sales slide 12.7% y/y to USD4.55 billion
    Belgium-based automotive components supplier, Bekaert, has published its financial results for the 2020 fiscal year. According to a press release issued by Bekaert on 3 March, the company posted consolidated sales of EUR3.77 billion (approximately USD4.55 billion) during the FY 2020 period. This imp...
    Vedanta develops new aluminum cylinder head alloy
    In February, Vedanta Limited, an India-based producer of metals and oil & gas, launched aluminum cylinder head alloy, a raw material for manufacturing cylinder heads and other automotive components, the Press Trust of India reported on 10 February. The alloy leverages material design to help aut...
    03-Mar-2021 News New Products
    Vibracoustic provides air springs and hydro bushings for FAW’s Hongqi E-HS9 SUV
    Vibracoustic is supplying front and rear axle air springs as well as hydro bushings for FAW’s new Hongqi E-HS9, the supplier announced in a press release on 2 March 2021. The all-electric luxury-class sport utility vehicle (SUV) is available on the Chinese market since late 2020. Hongqi is the lux...
    Hyundai Mobis FY 2020 sales declines 3.7% y/y to USD32.23 billion
    Hyundai Mobis has reported 3.7% year-over-year (y/y) decline in sales to KRW36.63 trillion (USD32.23 billion) in the financial year ended 31 December 2020, the company said in a regulatory filing. Operating profit fell by 22.4% y/y to KRW1.83 trillion. Hyundai Mobis also witnessed 33% y/y drop in pr...
    ACQUISITION: Dana acquires Pi Innovo to strengthen e-propulsion capabilities
    American automotive powertrain components supplier, Dana Inc., has announced that it has acquired the Detroit-based embedded software solutions and electronic control units, Pi Innovo. According to a press release issued by Dana on 1 March, the company stated that this acquisition will support its l...
    US NHTSA probes nearly 1.9 million Toyota RAV4s for fire risk
    The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into nearly 1.9 million Toyota RAV4 vehicles for fire risk, according to a report by Associated Press on 1 March. Toyota RAV4s that have battery frames that may result in the sudden loss of electrical power, vehic...
    02-Mar-2021 News Recalls
    AutoTechInsight Weekly – 1 March 2021
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    MG Motor to invest USD27 million for localizing electronics components in India this year
    MG Motor has announced plans to invest around INR2 billion (USD27 million) to localize automotive electronics components in India, Autocar India reported on 27 February. The SAIC-owned brand is looking to enhance localization levels in the Hector SUV from an average of 70% to up to 80% by this year...
    Vitesco commences production at electronics and transmission sensor technology plant in Hungary
    Continental’s powertrain division Vitesco Technologies has commenced production at its new plant in Debrecen, Hungary, after two years of construction, according to a company press release on 26 February 2021. The plant, spanning around 7,000-square-meters of area, manufactures electronics, and tr...
    01-Mar-2021 News Investments
    Nissan achieves 50% thermal efficiency for engine with e-POWER hybrid powertrain
    Japanese carmaker, Nissan, has announced a breakthrough in engine efficiency. According to a press release issued by Nissan on 26 February, the company stated that it achieved 50% thermal efficiency with its in-development, next generation e-POWER system. Attaining this level of thermal effi...
    01-Mar-2021 News New Products
    Honda unveils new HR-V Hybrid in Europe
    Japanese car manufacturer, Honda, has unveiled the newest addition to its electrified portfolio in Europe, the HR-V Hybrid. According to a press release issued by Honda on 18 February, this new vehicle features Honda’s dual motor e:HEV hybrid powertrain as standard. The new Honda HR-V Hybrid wi...
    26-Feb-2021 News New Products
    Volvo Cars and Geely to deepen collaboration to improve growth opportunities
    Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will deliver synergies in powertrains, sharing of electric vehicle (EV) architecture, joint procurement, autonomous drive technologies, and aftersales. According to a press release issued by Volvo on 24 February, this collabo...
    Mitsubishi Motor launches MY 2021 Outlander PHEV with bigger battery in US
    Mitsubishi Motor has launched the model year (MY) 2021 Outlander plug-in hybrid electric vehicle (PHEV) with a revised powertrain and a bigger battery in the United States, the company announced in a press release on 23 February. The Outlander PHEV now comes with a more powerful and efficient 2.4L i...
    25-Feb-2021 News New Products
    Tenneco FY 2020 revenue declines 11.9% y/y to USD15.38 billion
    Tenneco has reported 11.9% year-over-year (y/y) decline in revenue to USD15.38 billion in the financial year ended 31 December 2020, the company said in a press release on 24 February. Full year revenue declined in all product lines except in Clean Air- Substrate sales which recorded 10.8% y/y growt...
    Audi Q5, A6, and A7 PHEVs get upgraded batteries for longer electric driving range
    Germany-based luxury and sportscar manufacturer, Audi, has announced that it has equipped three of its plug-in hybrid (PHEV) models with larger capacity battery packs in order to improve their pure-electric driving range. The dimensions of the lithium-ion (Li-ion) battery have not changed despite it...
    24-Feb-2021 News New Products
    New Mercedes-Benz C-Class gets 48-V mild-hybrid powertrain
    The newest iteration of the Mercedes-Benz C-Class now have an integrated starter-generator (ISG) as a mild hybrid of the second generation in both the petrol and diesel versions. According to a press release issued by Mercedes-Benz on 23 February, the company stated that the ISG uses a 48V onboard e...
    24-Feb-2021 News New Products
    Schaeffler to open new R&D center in Germany
    Schaeffler has opened a new research and development (R&D) laboratory at its Herzogenaurach complex in Germany, the company announced in a press release on 22 February. Schaeffler is planning to invest EUR80 million in the new laboratory. The complex, currently in the detailed planning phase, is...
    23-Feb-2021 News Investments
    Faurecia’s FY 2020 sales decline 17.5% y/y to USD18 billion
    Faurecia’s sales declined 17.5% year-over-year (y/y) to EUR14.65 billion (USD17.99 billion) in the financial year ended 31 December 2020, the company said in a press release on 22 February. Sales, at constant scope and currencies, dropped 19.6% y/y. Operating income by fell 68.4% y/y to EUR406 mil...
    Vitesco Technologies develops emission reduction system for high voltage hybrid vehicles
    Advanced powertrain technologies and electrification solutions supplier, Vitesco Technologies, has announced that it is now making electrical catalyst heating available in high-voltage hybrid vehicles as well. According to a press release issued by Vitesco Technologies on 22 February, the company st...
    23-Feb-2021 News New Products
    Magna’s FY 2020 sales declines 17.2% y/y to USD32.65 billion
    Canada-based automotive components and systems supplier, Magna International, has published its financial results for the 2020 fiscal year. According to a press release issued by Magna on 19 February, the company reported sales of USD32.65 billion during FY 2020, which represents a reduction of 17.2...
    Suppliers to the new Renault Captur
    The second-generation Renault Captur is assembled at Renault's facility in Valladolid, Spain. According to IHS Markit production forecasts, output of the new generation Renault Captur from the plant is expected to peak in 2022 at over 229,000 units. If you would like your company included in ...
    Cooper Standard’s FY 2020 sales drop 23.6% y/y to USD2.38 billion
    Cooper Standard’s net sales declined 23.6% year on year (y/y) to USD2.38 billion in the fiscal year ended 31 December 2020, the US-based automotive supplier said in a press release on 17 February. The company reported a net loss of USD267.6 million, compared with a net income of USD67.5 million in...
    Nissan launches Qashqai SUV in Europe with mild hybrid and e-POWER drivetrains
    Japanese car manufacturer, Nissan, has announced that it has launched the new Qashqai crossover SUV in Europe. According to a press release issued by Nissan on 18 February, the company stated that this new vehicle would be made available with a 12-V mild hybrid and e-POWER drivetrain options. The...
    22-Feb-2021 News New Products
    AutoTechInsight Weekly – 22 February 2021
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    Dana’s FY2020 sales fall 17.6% y/y to USD7.11 billion
    US-based automotive components supplier Dana has published its financial results for the 2020 fiscal year (FY). According to a press release issued by Dana on 18 February, the company posted net sales of USD7.11 billion, which implies a reduction of 17.6% year on year (y/y) from the U...
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