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    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Toshiba begins shipments of Pre-Driver IC for automotive brushless motors supporting functional safety
    Toshiba has begun shipping test samples of the "TB9083FTG," a pre-driver IC for automotive applications such as brushless motors for electric power steering systems and electric brakes, according to an official press release dated 27 September. Toshiba will ship final samples in January 2022, and ma...
    Robert Bosch Venture Capital launches new investment platform for China
    The corporate venture arm of the Bosch Group, Robert Bosch Venture Capital GmbH (RBVC) has set up its new investment platform called Boyuan Private Equity Capital Management Company Ltd. (or Boyuan Capital), based in Shanghai, the company announced on 27 September. Boyuan Capital will focus on ma...
    Mahle Powertrain's Northampton emissions test center gets ISO accreditation
    Engineering services division of MAHLE GmbH MAHLE Powertrain announced via press release on 15 September that its Real Driving Emissions (RDE) Centre in Northampton had been awarded with the ISO/IEC 17025:2017 accreditation for vehicle emission testing to latest Euro 6 standards. According t...
    Linamar sets up eLIN Product Solutions Group to focus on electric vehicles
    Canadian supplier of forged and machined components to the auto industry Linamar Corporation announced on 16 September that it is establishing eLIN Product Solutions Group, which will focus on leveraging business opportunities in electric mobility for its mobility and industrial businesses. The f...
    Ford hires M&A veteran to drive inorganic growth in electrification, new business
    Michigan-based vehicle manufacturer, Ford Motor Company has hired a corporate merger and acquisition (M&A) veteran, Doug Power, 52, to accelerate its Ford+ plan for securing growth in electric vehicles (EVs), connectivity and innovative services, the company said in a press announcement on 19 Ju...
    Mercedes-Benz acquires electric motor manufacturer YASA
    German luxury car maker Mercedes-Benz has acquired the UK-based electric motor manufacturer YASA, the two companies announced on 22 July. Under the terms of the acquisition, YASA CEO Chris Harris said that the company would operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra...
    Why the Nissan-Envision AESC gigafactory is strategic for UK’s EV battery supply chain
    Unveiling its strategy to put the UK at the center of its electric vehicle (EV) game plan for Europe, Nissan, along with its battery partner Envision AESC, made a crucial announcement on 1 July to jointly invest GBP1 billion (USD1.37 billion) in the northeastern region to set up the country’s firs...
    Stellantis’s EV roadmap hinges heavily on its battery strategy
    Amsterdam-based Stellantis announced its vehicle electrification strategy for this decade and beyond on its EV Day on 8 July. The parent company to over a dozen iconic brands, including Fiat, Citroën, Peugeot, Jeep, Chrysler, Dodge, Ram, and Maserati, plans to pump in EUR30 billion (over USD35 bill...
    Volvo Cars, Geely form JV ‘Aurobay’ to create a global powertrain supplier
    Volvo Cars and Geely Holding announced that they have agreed to create a joint venture (JV) under the name Aurobay for its powertrain operations. According to a press release issued by Volvo on 8 July, the new company will be a global supplier of complete powertrain solutions including next-generati...
    Porsche forms JV with German battery maker Customcells
    Volkswagen’s luxury car arm Porsche AG has formed a joint venture (JV) with Germany’s Customcells, specialists in lithium-ion (Li-ion) cells, to produce high-performance batteries that will significantly reduce charging times, Porsche said in a press release on June 21. The new JV company is ...
    Indian supplier Sona Comstar to launch IPO on June 14
    Auto component supplier Sona Comstar will go public and launch an initial public offer (IPO) on 14 June for INR55.5 million or USD760 million, the company said in a press release on 9 June. It has fixed the price band for the issue at INR285 to 291 per share, it said. “The offer period for...
    Lamborghini outlines route to electrification
    VW-owned supercar maker, Lamborghini, has presented its ‘Direzione Cor Tauri’, a roadmap to the decarbonization of future Lamborghini models and of its 160,000-square-meter Sant’Agata Bolognese headquarters in Italy, which achieved carbon dioxide (CO2) neutral certification in 2...
    MAHLE opens new Electronics and Mechatronics Development Center in mainland China
    MAHLE has announced the opening of a new electronics and mechatronics development center in Changshu city, mainland China, in a company press release on 21 April. The center will develop solutions for alternative drives and expand the company’s systems in electric powertrains, electronics, an...
    Startup Aquarius Engines partners with Honda-affiliate Musashi Seimitsu
    Aquarius Engines has signed a strategic agreement with Honda-affiliate Musashi Seimitsu Industry Co. Ltd, a Japanese auto parts manufacturer and one of the Aquarius Engines controlling shareholders, according to a company press release on 21 April 2021. The agreement focuses on strategic collaborati...
    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...
    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...
    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...
    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 ...
    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...
    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...
    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...
    Flymove partners with ReFuel Solution for biofuel technology
    Flymove has entered into a collaboration with Italy-based ReFuel Solutions for biofuel technologies, the company announced in a press release on 13 March. ReFuel Solutions is a start-up with a mobility vision based on the concept of biofuel potential that is fully exploited by an innovative diesel v...
    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...
    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...
    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...
    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 ...
    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...
    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 ...
    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...
    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...
    Valeo to expand technologies that contribute to low carbon mobility
    Valeo will continue to expand its portfolio of technologies that contribute to low carbon mobility, the French automotive supplier said in a press release on 4 February. The company will invest mainly in the field of developing solutions for vehicle electrification. Over the past 10 years, Valeo ...
    Rheinmetall announces new corporate structure, targets sales of USD10.24 billion in 2025
    Germany-based components supplier, Rheinmetall AG, has announced that it is pressing ahead with its strategic realignment and transformation into a fully integrated technology group. According to a press release issued by Rheinmetall on 5 February, the company stated that it will be pursuing the fol...
    Sollers Ford acquires Ford engine plant in Russia
    The joint venture (JV) company by American automaker Ford and Russian car manufacturer Sollers, Ford Sollers, has announced that it has bought out the engine plant from the Ford Motor Company, which was earlier shut down during the restructuring of Ford Sollers in 2019. According to a press relea...
    General Motors aims to phase out tailpipe emissions from light vehicles by 2035
    American automotive firm, General Motors, has announced its strategy to become carbon neutral in its global products and operations by the year 2040. According to a press release issued by GM on 28 January, the company worked with the Environmental Defense Fund to develop a shared vision of an all-e...
    HELLA commences production of fuel control modules in Lithuania
    HELLA Lithuania is starting to produce a fuel control module for German premium OEM, according to a press release on the official website of Invest Lithuania on 26 January. HELLA plans to produce more than 1 million of such modules annually. The fuel control module will be used to control the fuel s...
    Nissan plans to electrify all new vehicle models in key markets by early 2030s
    Japanese car maker, Nissan Motor Co., Ltd., has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. According to a press release issued by Nissan on 27 January, every all-new Nissan vehicle offering in the key markets of Japan, main...
    Volkswagen faces fine of over USD121 million for missing 2020 EU emissions targets
    German automaker Volkswagen has stated that it faces a fine of more than EUR100 million (over USD121 million) as penalty for missing the EU-set carbon dioxide emissions target for 2020. According to a report filed by business news publication Economic Times on 21 January, the company stated that it ...
    DENSO appoints Seiji Maeda CEO of DENSO North America operations
    Japanese supplier DENSO has appointed Seiji Maeda as CEO of DENSO's North American operations, according to a company press release on 12 January. Maeda is also a senior director at DENSO. Prior to this post, Maeda served as head of Denso’s Motor Business Unit in Japan. From 2012–17, he held ...
    FCA to invest USD204 million at Tychy plant in Poland to produce electrified vehicles
    Fiat Chrysler Automobiles (FCA) has planned to invest PLN755 million (approximately USD204.28 million) in its manufacturing facility located at Tychy in Poland. According to a report by motoring publication Automotive News Europe on 29 December, FCA stated that this investment will upgrade the Tychy...
    Continental present realigned strategy; aims mid-term organic growth of 5–8%
    Continental presented its realigned strategy as parts of its virtual ‘Capital Market Days 2020,’ held between 8 to 16 December 2020, the company said in a press release. As part of the realigned strategy, the Germany based supplier aims to achieve annual organic growth of around 5 to 8% on avera...
    ElringKlinger sets up new 'Metal Sealing Systems' and 'Drivetrain Components' business unit
    In a press release dated 11 December, ElringKlinger announced that it has set up a new business unit named 'Metal Sealing Systems' and 'Drivetrain Components'. The new unit combines two of ElringKlinger’s former units—'Cylinder-head Gaskets' and 'Specialty Gaskets'. The new unit offers product s...
    Ricardo wins funding from UK OLEV to develop advanced thermal management for electrified vehicles
    Ricardo has won funding of GBP190,000 (USD253,738) from the UK’s Office of Low Emissions Vehicles (OLEV), through a partnership with Innovate UK, to develop advanced thermal management for electrified vehicles, the company announced in a press release on 8 December. Ricardo will use the funding to...
    DENSO announces organization, executive structure and management changes
    Japan-based automotive powertrain components supplier, DENSO, has announces changes to its organizational and executive structures, as well as its personnel. According to a press release issued by Denso on 7 December, the company stated that these changes would be effective 1 January, 2021. These...
    Ricardo to lead UK's supply chain consortium for electric motors
    Ricardo is set to lead a consortium ‘UK-Alumotor’, which will work toward establishing a supply chain for electric motors in the United Kingdom, Ricardo announced in a press release on 30 November. Other members of the consortium include Aspire Engineering, Brandauer, Warwick Manufacturing ...
    Maserati to electrify all models in next five years
    Fiat Chrysler Automobiles–owned luxury and sports car manufacturer Maserati has announced that its entire product portfolio will be equipped with either a hybrid or purely electric drivetrain within the next five years. According to a report filed by news agency Reuters on 26 Novemb...
    Volkswagen Group to spend USD86.5 billion on electrification, hybrid powertrain and digital technology over next five years
    Volkswagen Group (VW) has agreed to increase its spending on electrification, hybrid powertrain and digital technology to EUR73 billion over the next five years, the company said in a press release on 13 November. Of this total, the Germany-based automotive group will spend EUR35 billion (USD170 bil...
    Garrett Motion gets court approval for bidding process
    In a press release dated 26 October, Garrett Motion announced that it has received Court approval of bidding procedures for a competitive process to either sell the business of Garrett or raise equity capital for a standalone plan of reorganization. The competitive process will continue over the nex...
    Valeo assures to keep all sites in France open, preserve jobs over next two years
    Valeo has signed an agreement for competitiveness and collective performance with its French unions: the French Confederation of Management – General Confederation of Executives (CEC-CCG) and the General Confederation of Labor – Workers' Force (FO), the company said in a press release on 30...
    FEV joins European Clean Hydrogen Alliance
    Germany-based engine and vehicle technology developer FEV announced that it has joined the European Clean Hydrogen Alliance. According to a press release issued by FEV on 8 October, the company’s hydrogen fuel cells have a high degree of efficiency at low loads. However, at higher s...
    Tata Technologies, GKN Automotive open global e-mobility software engineering center in India
    Tata Technologies has opened an advanced, e-mobility software engineering center in Bengaluru, India, in partnership with GKN Automotive, the company said in a press release on 8 October. The new complex will benefit from Tata Technologies’ expertise in electric and embedded systems as well as ...
    Plastic Omnium joins ‘Startup Autobahn’ platform
    Plastic Omnium has joined Stuttgart (Germany)-based innovation platform Startup Autobahn, the company said in a press release on 28 September. Last year, Daimler teamed up with the US-based startup accelerator Plug and Play, the University of Stuttgart, and ARENA2036 to establish Startup Autobahn...
    thyssenkrupp to restructure automotive business unit
    Germany-based supplier, thyssenkrupp, has announced that it will commence the operational realignment of its automotive system engineering activities beginning from 1 October onward. According to a press release issued by thyssenkrupp on 29 September, the company stated that its System Engineering b...
    Tula presents dDSF technology at Future Diesel Powertrain Summit in Shanghai
    Tula Technology, Inc., a propulsion efficiency innovation company, announced its participation and presentation on its diesel Dynamic Skip Fire (dDSF™) technology at the 4th Future Diesel Powertrain Summit China 2020 on 24-25 September in Shanghai, China. According to a press release issued by Tul...
    Garrett Motion prepares for possible bankruptcy filing within weeks
    Switzerland-based automotive powertrain components supplier, Garrett Motion, is reportedly preparing for a possible bankruptcy filing within a matter of weeks. According a report filed by business news publication, The Wall Street Journal on 17 September, the company’s sales registered a steep dec...
    MAHLE to expand restructuring, looks to cut 7,600 jobs worldwide
    German automotive components and systems supplier, MAHLE, has announced that it seeks to cut a further 7,600 jobs at its facilities across the globe in response to the economic crisis brought on by the ongoing COVID-19 pandemic. MAHLE had already initiated restructuring and cost-saving programs...
    Schaeffler to cut 4,400 jobs by 2022, plans plant closures
    Germany-based automotive components manufacturer, Schaeffler AG, has announced additional structural measures to further transform the company. According to a press statement issued Schaeffler on 9 September, the company plans a net workforce reduction by 4,400 members of staff in Germany and Europe...
    Porsche commits to research on synthetic fuels for greater sustainability
    German manufacturer of premium high-performance vehicles, Porsche, has announced that it will be researching synthetic fuels, referred to by the company as eFuels, to bolster the sustainability of its vehicles. According to a press release issued by Porsche on 2 September, eFuels are produced fro...
    Ontario government to invest CAD10 million for ‘Automotive Modernization Program’
    The Ontario government has announced plans to invest CAD10 million (about USD76 million) under its ‘Ontario Automotive Modernization Program (O-AMP),’ according to a press release on the official website of Ontario government on 18 August. The O-AMP plan entails provision of funding for auto par...
    Hyundai Mobis in talks with two global automakers to supply electrified parts
    Hyundai Mobis is in talks with two global automakers to supply parts for electrified vehicles, Reuters reported on 25 August. The company is hoping to win the order from automakers before the end of the year. “We were not able to supply to other companies because we were busy with keeping up with ...
    Porsche launches internal investigation into suspected petrol engine manipulation
    Volkswagen-owned German carmaker Porsche AG has launched an internal investigation into suspected manipulation of its petrol engines. According to a report filed by news agency Reuters on 23 August, Porsche has informed Germany’s automotive regulatory body KBA, the US authorities, and the Stuttgar...
    KSM Castings to lay off 400 employees in Germany as part of planned restructuring
    KSM Castings Group GmbH, one of the leading automotive suppliers of lightweight aluminum and magnesium cast components for chassis, transmissions, and engines, has announced that the company will adjust personnel capacities in Germany as part of a planned restructuring, the company said in a pr...
    Toyota collaborates with BluE Nexus on electric drive modules for electrified vehicles
    Toyota has partnered with BluE Nexus Corporation for development of electric drive modules for electrified vehicles, the automaker announced in a press release on 31 July. Toyota will acquire a 10% stake in BluE Nexus as part of the collaboration. BluE Nexus and Toyota intend to strengthen their com...
    ZF to establish new division for electrified drivelines for passenger cars
    ZF has decided to establish a new division for electrified drivelines for passenger cars, the company announced in a press release on 29 July. The new division is being set up out of the previous Car Powertrain Technology and E-Mobility Divisions in order to offer customers electrified driveline sol...
    Delphi Technologies secures new business for fuel injection applications
    Delphi Technologies, a US automotive components and systems supplier, has announced the securing of new businesses for its fuel injection systems. In a press release issued by Delphi Technologies dated 29 July, the company mentioned that two new passenger vehicle OEMs will integrate Delphi...
    Volkswagen expands technical center in US to strengthen powertrain engineering services
    The Volkswagen Group TCC has completed an expansion project that has brought additional entities within the company under a new name, the Oxnard Engineering Campus. According to a press release issued by Volkswagen America on 27 July, VW Group brands that include Audi, Bentley, and Porsche will...
    Mann+Hummel establishes Performance Office, takes steps for profitability improvement
    Germany-based automotive components supplier, Mann+Hummel, has announced that it has taken measures in order to improve the Group’s profitability in the face of falling demand across the globe. According to a press statement issued by Mann+Hummel on 24 July, a Performance Office has been set up, a...
    MAHLE joins Hydrogen Council
    German automotive supplier MAHLE has joined the international Hydrogen Council, the company announced in a press release on 27 July. MAHLE also announced that it is expanding its application portfolio for hydrogen. MAHLE is now working on the use of hydrogen for stationary applications, such as the ...
    German hydrogen technologies startup KEYOU receives investment from ES Kapital
    Germany-based hydrogen technologies startup KEYOU has received investment from Kreissparkasse Esslingen-Nürtingen mbH (ES Kapital) investment company, according to a company press release on 15 July. Both parties have agreed not to disclose the amount of the investment amount. KEYOU is curr...
    Mercedes-Benz creates new unit for drive system competence
    Mercedes-Benz gas created a new business unit for drive system competence across the group, the company announced in a press release on 22 July. The new unit will combine all trades from the areas of development, production, as well as related areas and cross-sectional functions, quality management,...
    Battery supply constraints hit Toyota’s production plan for RAV4 Prime plug-in hybrid
    Japanese carmaker Toyota has announced that the production of its newest plug-in hybrid vehicle, the RAV4 Prime, will be hit owing to unforeseen constraints in its battery supply chain. The vehicle features an 18.1 kWh liquid-cooled lithium-ion battery pack, which is produced by a joint venture...
    Future unveils black technology at GSMAThrive
    Chinese HUD startup Futurus has unveiled its black technology for head-up displays (HUDs) at the GSMAThrive, according to a company press release on 3 July 2020. The company has not disclosed much details about the technology. The company expects its new tech to be soon unveiled and share the furthe...
    India’s ACMA fears manufacturing disruption due to import clearance delays
    The Indian auto industry body, the Automotive Component Manufacturers Association of India (ACMA) has mentioned that all import consignments coming in from Mainland China are being subjected to complete manual inspection, which is leading to undue delays in customs clearance. In a report filed by...
    German authorities investigate Continental as part of diesel emissions probe
    German authorities have widened the scope of their ongoing diesel emissions investigation, according to a report filed by news agency Reuters on 1 July. The report stated that prosecutors in Germany have expanded the probe to include automotive components and systems supplier, Continental....
    Infineon to showcase series of power semiconductors and sensors in online trade show
    Infineon has said that it’ll be presenting two trade show highlights on power semiconductors and sensors on the internet in July, a company press release on 22 June read. At its PCIM virtual booth 2020, Infineon will showcase its power device portfolio from silicon, silicon carbide (CoolSiC), and ...
    ŠKODA manufactures 3-millionth EA211 engine at its Mladá Boleslav plant
    Volkswagen-owned Czech carmaker ŠKODA Auto has manufactured the third millionth unit of its EA211 engine at the company’s production facility located at Mladá Boleslav in the Czech Republic. The first engine at this plant was produced in 1899, and the first EA211 engine was manufacture...
    Delphi, TomTom claim ADAS with real-time mapping data can deliver over 10% fuel savings
    Delphi Technologies and TomTom has claimed that use of advanced driver assistance systems (ADAS), combined with real-time mapping data and propulsion software optimization can help save fuel by over 10%, a company press release read on June 18. Delphi’s Intelligent Driving prototype vehicle was...
    ElringKlinger extends COO Reiner Drews tenure by five years
    ElringKlinger AG, an auto components supplier based out of Dettingen an der Erms, Germany, has announced that it has extended the tenure of its COO, Reiner Drews, ahead of schedule. According to a press release issued by ElringKlinger on 15 June, the company stated that it has confirmed that his con...
    Indian antitrust body rules that Schaeffler, SKF, NEI, Tata Steel colluded on bearings prices
    The Competition Commission of India (CCI), which is the antitrust body of India, had begun a probe into the alleged charges of price colluding and fixing in 2017 by four suppliers. According to a report filed by news agency Reuters on 5 June, the CCI has ruled that Schaeffler, SKF, and Tata Steel Lt...
    Bosch creates new subsidiary in India for automotive business
    Bosch has created a new wholly owned subsidiary in India for automotive business, according to a regulatory filing by the company on 1 June. The company has incorporated “Robert Bosch India Manufacturing and Technology Private Limited” on 31 May 2020. Significance: Bosch continues to inv...
    Vitesco Technologies partners with ROHM for silicon carbide power solutions
    Vitesco Technologies has signed an agreement with ROHM Semiconductor for silicon carbide (SiC) solutions, the company said in a press release on 4 June. The use of SiC is to further increase the efficiency of its power electronics for electric vehicles (EV), the press release read. “Energy effi...
    Valeo to increase production lines for 48V electric motors in France
    In a press release dated 26 May, Valeo announced that it is planning to increase production of its 48V electric motor in France. Furthermore, Valeo will add more production lines for the motor in French plants. The move is to support the French automotive recovery plan by the government. “France r...
    Renault, Nissan, Mitsubishi Motors outline new business model to drive competitiveness and profitability
    Renault, Nissan, and Mitsubishi Alliance (RNM Alliance) has announced several initiatives as part of a new cooperation business model to enhance competitiveness and profitability, the alliance said in a press release on its website on 27 May. Under the new initiatives, the Alliance partner...
    thyssenkrupp speeds up realignment; to retain Automotive Technology business
    Germany-based diversified industrial group thyssenkrupp is continuing to press ahead with the strategic realignment despite the current challenges resulting from the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 18 May. As per realignment, the company’s busi...
    Israel-based EV motor startup IRP Systems raises USD17 million in Series B funding
    Israel-based electric vehicle motor startup IRP Systems has raised USD17 million in Series B funding, the company announced in a press release on 12 May. The funding round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal C...
    EV transmission startup Inmotive raises CAD7.5 million
    EV transmission startup Inmotive has raised CAD7.5 million (USD5.4 million) in Series A round of funding, the company announced in a press release on 30 April. The funding round was a combination of equity and debt conversion and was led by existing investor Up Capital. “[Coronavirus disease 20...
    Cooper Standard to divest certain operations in India and Europe
    Automotive components manufacturer Cooper Standard has announced its intention to divest some of its operations in the European region and Indian market. According to a press release issued on 8 May, the company, which is based in Michigan, US, stated that it had signed an agreement to divest Indian...
    Nissan to launch e-power technology in Thailand
    Nissan is planning to introduce its e-power technology in Thailand soon, the company announced in a press release on 5 May. Thailand will also be the first market after Japan to manufacture e-POWER technology. "Nissan's commitment is to change the way we all drive and live. As leaders in electrifica...
    COVID-19 pandemic: Tenneco amends covenant ratios of senior credit facility, increasing leverage ratio
    Tenneco has agreed to amend the financial covenant ratios of its senior secured credit facility, significantly increasing the maximum leverage ratio while decreasing the minimum interest coverage ratio requirements in the company’s senior credit facility, according to a company press release on 6 ...
    Aisin Seiki to change trade name to Aisin Corporation
    Japan-based auto components and transmission systems supplier, Aisin Seiki, has announced that it will be changing its company trade name and that it will take effect from 1 April 2021. According to a press release issued by the supplier on 30 April, the company has declared that the new trade na...
    BorgWarner to resume limited production at tornado-hit Seneca plant in US by early May
    US powertrain components supplier BorgWarner has announced its intention to restart manufacturing in a limited capacity at its production facility in Seneca, South Carolina, United States, according to a report filed by motoring publication Automotive News. BorgWarner’s Seneca plant, which empl...
    Ford says damage to tornado-hit BorgWarner plant in US may disrupt F-150, SUV output
    A tornado in South Carolina that destroyed a BorgWarner auto parts plant that supplies a key component for Ford vehicles could create a disruption, Bloomberg reported on 18 April, citing the US automaker. The Borgwarner plant makes transfer cases used by Ford in its F-150 pickup as well spor...
    Ricardo partners with Geely for chassis and high-voltage functional safety support
    Ricardo has partnered with Chinese automaker Geely for chassis and high voltage functional safety support, Ricardo announced  in a press release on 16 April. Ricardo’s functional safety teams based in China and the United Kingdom will provide support for key aspects of chassis and new energy ...
    Burgess Norton to supply powertrain components to Tenneco
    Powertrain components supplier based out of Illinois in the United States, Burgess Norton, has reached an agreement with American auto components giant, Tenneco, to supply its entire range of piston pin technology to the Tenneco Powertrain Business Group. According to a press release issued by Bu...
    Mercedes-Benz to offer PHEV technology in more than 20 models by end of 2020
    Mercedes-Benz is planning to offer plug-in hybrid (PHEV ) technology in more than 20 models by end of 2020, the company announced in a press release on 15 April. Mercedes-Benz will roll out this pioneering technology across the entire range—from the A- to the S-Class, from the GLA to the GLE....
    Marelli uses blockchain technology to improve supply chain management
    Marelli has introduced the use of blockchain technology to enhance the management of automotive supply chains, the company said in a press release on 14 April. The company has created a distributed peer-to-peer network to connect suppliers’ and carmakers’ plants globally. Marelli Automotive Ligh...
    Groupe Renault sets new strategy for mainland China; to focus on EVs, LCVs
    Groupe Renault has announced a new strategy for mainland China in which it will shift its focus on electric vehicles (EV) and light commercial vehicles (LCV), according to a company press release on 14 April. Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) t...
    Powercell receives order for PowerCell S3 fuel cell stacks from Bosch worth USD1.2 million
    Powercell has received an order for its PowerCell S3 fuel cell stacks from Bosch, the company announced in a press release on 30 March. The order is worth SEK11.5 million (USD1.1 million). Powercell said that it expects the order to have a positive financial impact during the first quarter 2020...
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