Globescan

Schaeffler holdings sells 94.4 mn non-voting shares of Schaeffler AG

Schaeffler Verwaltungs GmbH, a subsidiary of INA-Holding Schaeffler GmbH & Co. KG, announces that 94.4 million non-voting shares of Schaeffler AG were sold. The placement price with institutional investors was set at EUR 13.10 per non-voting share. Schaeffler Holding will receive proceeds of about EUR 1.24 billion from the sale.   The sale includes all of the non-voting shares in[Read More…]

by April 5, 2016 Globescan, News
Hitachi, Honda develop prototype of Portable Alcohol Detection Device for vehicle smart keys

Hitachi, Honda develop prototype of Portable Alcohol Detection Device for vehicle smart keys

Hitachi and Honda announced they have developed a prototype of a portable alcohol detector that can be integrated into a smart key. The prototype is tamper-resistant as it can distinguish human breath from alternative gases. This device is capable of distinctively detecting the saturated water vapour from human breath and accurately measures alcohol levels within three seconds. Hitachi and Honda[Read More…]

by April 2, 2016 Globescan, News, OEM

Pioneering Automated and Autonomous Driving: Continental accepts the challenges

“With the help of intelligently connected technology, automated driving is becoming safe and efficient,” explained the Chairman of the Continental Executive Board, Dr. Elmar Degenhart, at the 2016 auto motor und sport conference in Stuttgart. ” We have been supplying hardware in the form of tires, elastomers, electronics, and mechatronics for 145 years. Thanks to the early expansion of our[Read More…]

by April 2, 2016 Globescan, News
BMW 7 Series Wins 2016 World Luxury Car

BMW 7 Series Wins 2016 World Luxury Car

BMW’s flagship sedan, the BMW 7 Series received the prestigious 2016 World Luxury Car Award at the New York International Auto Show. Launched last fall, the BMW 7 Series once again sets the standard for modern luxury and performance, delivering the highest level of driving refinement in the premium segment. The 2016 BMW 7 Series sets a new benchmark in[Read More…]

by April 2, 2016 Globescan, News, OEM

ContiTech stages sustainable solutions to auto industry

A high-performance belt for the lift drive in rack feeders, an engine mount for which natural rubber from dandelion roots is used, as well as robust and powerful rubber tracks – these are ContiTech’s highlights on show at this year’s Hannover Messe. In addition, an ultra-light flooring for the aviation market will be presented. From April 25 to 29, 2016, the[Read More…]

by January 28, 2016 Globescan, News
Mentor Graphics announces new release of FloEFD computational fluid dynamics

Mentor Graphics announces new release of FloEFD computational fluid dynamics

Mentor Graphics Corporation has announced the latest release of its leading general purpose, front-loading computational fluid dynamics (CFD) FloEFD solution offering greater accuracy and user productivity. Updated features in this new version include improved mesh handling, an enhanced transient solver, a robust EDA interface, and an interface to Abaqus Finite Element Analysis (FEA) software for stress analysis. Engineers and specialists[Read More…]

by December 19, 2015 Allied Industries, Globescan, News, OEM

Leoni is a new supplier of wiring systems to Volvo Cars

Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, now counts the Volvo Car Corporation among its passenger car customers. According to the first order from the Swedish car manufacturer, Leoni will supply wiring harnesses for future Volvo Cars models. ”We are happy that Volvo Car Corporation relies on our global footprint[Read More…]

by December 19, 2015 Globescan, News

Henkel Corp, North America, acquires Magna-Tech Manufacturing

Henkel Corporation, the U.S. subsidiary of Henkel AG & Co. KGaA of Germany, today announced the acquisition of Magna-Tech Manufacturing, headquartered inMuncie, Indiana. Magna-Tech Manufacturing is the North American market leader in vacuum impregnation services, with a focus on process center capabilities. Magna-Tech will function as a subsidiary of Henkel Corporation, operating as part of its Adhesive Technologies business, the[Read More…]

by December 19, 2015 Globescan, News
Ford, Corning introduce light-weight glass

Ford, Corning introduce light-weight glass

The all-new 2016 Ford GT supercar will debut the Corning Gorilla  Glass hybrid windscreen – a more durable, scratch-resistant window that is about 30 per cent lighter than traditional glass. Developed by Ford and Corning, the window will be used on both the windscreen and rear engine cover of the Ford GT, contributing to enhanced vehicle handling, improved fuel efficiency[Read More…]

by December 19, 2015 Globescan, News, OEM
BorgWarner expands VCT business with wide Range Of Hyundai, Kia vehicles

BorgWarner expands VCT business with wide Range Of Hyundai, Kia vehicles

BorgWarner is expanding its engine timing business in Korea, by supplying its advanced cam torque actuated (CTA) variable cam timing (VCT) technology for Hyundai and Kia vehicles powered by 3.0- to 3.8-liter V-6 gasoline engines. BorgWarner’s CTA phasers with mid-position lock technology respond faster than traditional VCT systems and enable greater valve timing control over a broad range of engine[Read More…]

by December 19, 2015 Globescan, News