Mexican Media Brands
ThyssenKrupp Plans New Factory in Hungary
ThyssenKrupp AG says it will invest €100 million ($110 million) to erect a new plant in Hungary to make electronic steering and camshaft assemblies.
#electronics
Share
ThyssenKrupp AG says it will invest €100 million ($110 million) to erect a new plant in Hungary to make electronic steering and camshaft assemblies.
The facility at Jaszfenyszaru near Budapest will begin production in 2018. ThyssenKrupp says the plant will help it support business it recently won from multiple carmakers, including €4.5 billion ($5 billion) in orders for steering systems.
The company currently operates an assembly plant for Audi in Gyor and has a software development lab in Budapest.
RELATED CONTENT
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
-
Magna Advances Seating Configurations
Magna International is focusing on electrification, autonomy and smart mobility. This is taking the form of things ranging from an electrified system for rear axles (eDrive 1.0) to a collaborative arrangement with Lyft, which includes the co-development and manufacture of self-driving systems.
-
2018 Ford EcoSport: Small Is the New Big
Eric Loeffler, chief program engineer for the 2018 Ford EcoSport, recalls driving home from work one day from the product development center in Brazil where work was underway on developing the vehicle that will be coming to the U.S. in 2018, having been launched in 2003 in South America and is now become available in 140 countries around the world.