All Entries in the Category : Auto/Trans

Transportation including Railway, Small Vehicle, Small Engine, Automotive and Transportation

Visteon to Sell Ownership Interest in Halla Visteon JV

VAN BUREN TOWNSHIP, Mich., Dec. 17, 2014 /PRNewswire/ — Visteon Corporation (NYSE: VC) today announced that it has entered into an agreement to sell its approximately 70 percent ownership interest in Halla Visteon Climate Control Corp. (HVCC) to an affiliate of Hahn & Company – a South Korea-based private equity company – and Hankook Tire Co. Ltd. for approximately $3.6 billion or 52,000 KRW/share.

: Auto/Trans

Automotive Electronics Prompt New Supply Chain Challenges

The continued growth in the number of components used by automotive manufacturers has spotlighted new opportunities for component distributors. There are many positives to the increased penetration of electronics in automobiles including improved safety, better fuel efficiency, navigation and infotainment.

: Articles, Auto/Trans

Magna to support startups with Techstars Mobility

TROY, MI, Dec. 11, 2014 /PRNewswire/ – Magna International Inc. announced today that as part of the company’s continuing focus on innovating the car of the future, it will partner with Techstars, Ford Motor Company and Verizon Telematics in Techstars Mobility, driven by Detroit.

: Auto/Trans

Valeo boss says strong portfolio trumps size

Valeo is countering the industry trend toward ever-larger suppliers highlighted by ZF Friedrichshafen’s planned $13.5 billion acquisition of TRW Automotive. “I am not convinced that size is necessarily an advantage,” Valeo CEO Jacques Aschenbroich said.

: Auto/Trans |

Toyota to triple output capacity for fuel cell vehicles

NAGOYA — Toyota will invest about 20 billion yen ($165 million) to triple domestic production capacity for the Mirai fuel cell vehicle in light of strong corporate and public-sector demand.

: Auto/Trans, Data

Autonomous driving creates billion-dollar market

Autonomous driving will change the automotive industry fundamentally, the consultancy finds – be it through new usage models like “mobility on demand” or through innovative technologies.

: Auto/Trans

Continental opens new R&D extension building in Singapore

With a total capital investment of EUR 18.3 million, the extension aims to meet the demand of growing engineering requirements in view of Continental’s worldwide business expansion and the growth of the automobile industry in Asia.

: Auto/Trans