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Former Bosch Starter/Generator Business Gets New Name
1/10/2018China's Zhengzhou Coal Mining Machinery (ZCMM) Group and China Renaissance Capital Investment say they have completed the purchase of Robert Bosch GmbH’s former starter and motor generator division and renamed the business SEG Automotive.
Hyundai Plans Hybrid Supercar
1/10/2018Hyundai Motor Co. is developing a plug-in hybrid sports car, company officials tell Drive.
Luxury Car Sales in India Surge to Record High
1/10/2018Sales of luxury cars in India zoomed 19% to a record 39,400 units in 2017, according to company data.
MoldMaking Technology Celebrates 20 Year Anniversary
1/10/20182018 Is a Big Year of Events and Opportunities for Mold Builders MoldMaking Technology (MMT) is celebrating its 20th anniversary in 2018.
Visteon Partners with China’s GAC on Electronics, Autonomy Tech
1/10/2018Visteon Corp. has signed a strategic cooperation agreement with Guangzhou Automobile Group Co. to develop autonomous driving technologies and cockpit electronics systems.
Ulbrich to Head VW E-Mobility Activities
1/10/2018Volkswagen AG’s namesake division has appointed Thomas Ulbrich to lead the brand’s e-mobility operations worldwide, effective Feb 1.
UPDATE: Renault-Nissan-Mitsubishi Fund Could Spend $1 Billion in Tech
1/10/2018The Renault-Nissan-Mitsubishi alliance has confirmed the launch of Alliance Ventures, a capital fund that may invest much as $1 billion over the next five years on new technologies and innovation.
PSA to Swap 1,300 Jobs in France
1/10/2018PSA Group is shedding some 1,300 employees in France under a new form of voluntary reductions enabled by the French government.
Alabama to Get Toyota-Mazda Plant
1/10/2018Toyota Motor Corp. and Mazda Motor Corp. will announce later today that they have chosen a site near Huntsville, Ala., to build their $1.6 billion assembly plant, sources tell Reuters.
Ford Touts Transportation Sharing Scheme
1/9/2018CEO Jim Hackett says Ford Motor Co. is positioning itself for a future in which the company participates in a variety of alternatives to the privately owned car.