CompositesWorld
Calsonic Lines Up $5.9 Billion Bid for Magneti Marelli
Japanese parts supplier Calsonic Kansei has arranged about €5 billion ($5.9 billion) in bank funding for its bid to acquire Fiat Chrysler Automobile’s Magneti Marelli parts affiliate, sources tell Reuters.
Read MoreAudi Readies A8-Based “Horch” Flagship Sedan
Audi AG reportedly is developing a new top-end version of its A8 large sedan that could debut as soon as 2020.
Read MoreFletcher Named VP of Innovation for GM
General Motors Co. has appointed Pamela Fletcher to the new position of vice president of innovation, effective Oct. 1.
Read MoreOil Prices Jump to 4-Year High
Oil futures neared a four-year high of $81 per barrel in Europe today after major oil producers outside the U.S. decided yesterday against raising output.
Read MoreReport: Toyota to Add Android Auto in U.S.
Toyota Motor Corp. has finally agreed to add Google Inc.’s Android Auto smartphone connectivity system to its vehicles in the U.S., sources tell Bloomberg News.
Read MoreMercedes Will Launch Ride-Hailing Service at BASF Campus
Daimler AG’s Mercedes-Benz Vans unit has partnered with BASF SE to develop mobility programs for the chemical giant, starting with a ride-sharing service for a BASF campus in Ludwigshafen, Germany.
Read MoreFord Shows Autonomous Big Rig Concept
Ford Motor Co. took the wraps off an electric semi-truck with Level 4 autonomous driving capabilities at last week’s IAA commercial truck show in Hannover, Germany.
Read MoreFreudenberg Takes on Electrification
Freudenberg Group is adjusting its automotive operations as carmakers turn to electrification, notes Matthew Chapman, vice president of sales and marketing for the company’s e-Mobility business.
WatchLincoln to Revamp Stalled Subscription Service
Ford Motor Co.’s Lincoln brand reports very weak consumer interest in its vehicle subscription plan, which offers access to multiple models.
Read MorePorsche Phases Out Diesels
Porsche AG, citing shrinking demand, says it will phase out diesels as it shifts to electrified powertrain options.
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