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Post Tagged with: "first"

BorgWarner develops first flex fuel turbocharger made in Brazil

BorgWarner has developed the first flex fuelturbocharger made in Brazil for the country’s growing passenger car market. The B01- series turbocharger helps boost performance, improve fuel economy and reduce emissions, enabling automakers to comply with Brazil’s INOVAR-AUTO requirements. Designed for 0.8- to 1.6-liter engines, BorgWarner’s new flex fuel turbocharger will debut with a major global automaker in mid-2015. “Downsized, boosted gasoline engines are already[Read More…]

by — January 9, 2015 — International, Newscast, Web Exclusive

Visteon Completes First and Largest Phase of Divestiture of Automotive Interiors Business to Affiliate of Cerberus Capital Management

Visteon Corporation has completed the first and largest phase of the sale of its remaining automotive interiors business to Reydel Automotive Holdings B.V., an affiliate of Cerberus Capital Management, L.P. Visteon on May 2 announced an agreement to divest the majority of its interiors business to Reydel Automotive, supporting Visteon’s focus on its core automotive cockpit electronics and thermal energy[Read More…]

by — November 4, 2014 — International, Newscast, Web Exclusive
Continental presents first test tires made from dandelion-rubber Taraxagum

Continental presents first test tires made from dandelion-rubber Taraxagum

The international tire manufacturer and automotive supplier Continental has reached an important milestone in its research project for the industrialization of dandelion rubber in tire production. During the International Motor Show (IAA) Commercial Vehicles in Hanover, Continental presented the first test tires made from the innovative material that the company is calling Taraxagum, derived from the botanical name for dandelion[Read More…]

by — September 24, 2014 — Allied Business, International, Newscast, Web Exclusive
MINI & Just Park – A World first in Smart Parking

MINI & Just Park – A World first in Smart Parking

Motorists currently waste 106 days of their lives searching for a spot New App linked to 100,000 parking places across the UK MINI owners can download App from Apple App Store now JustPark, the online service that lets you park wherever and whenever, has revealed that MINI will be the first car brand in the world to allow drivers to[Read More…]

by — August 8, 2014 — International, OEM, Web Exclusive
PSA Group honours Hirschman employees with its first ‘Best Plant’ supplier award

PSA Group honours Hirschman employees with its first ‘Best Plant’ supplier award

The production location of Hirschmann Car Communication GmbH in Békéscsaba, Hungary, has been named the “Best Plant of 2013” with the supplier award from the PSA Group. With this award, the French automotive group, which owns car brands including Peugeot and Citroën, recognises the commitment and outstanding services of the employees in the Békéscsaba plant. In total, the French car[Read More…]

by — August 8, 2014 — International, Newscast, OEM, Web Exclusive

TRW reports second quarter and first half 2014 financial results

TRW Automotive Holdings Corp. the global leader in active and passive safety systems, has reported second quarter 2014 financial results with sales of $4.6 billion, an increase of 2% compared to the prior year period (up 8% excluding the effect of businesses exited).  The Company reported GAAP second quarter net earnings of $265 million or $2.27 per diluted share, which compares to net earnings of $248[Read More…]

by — August 3, 2014 — Finance, International, Newscast, Web Exclusive

Continental increases forecast for adjusted EBIT margin to around 11% after good first half-year

Net income rises by 14.2% to €1.3 billion or €6.52 per share Sales grow 2.1% to €16.9 billion after six months EBIT at €1.8 billion Significant reduction of interest burden thanks to improved financing conditions The Continental Corporation is again increasing its earnings forecast for fiscal 2014 after a good first half-year. “We now intend to achieve an adjusted EBIT[Read More…]

by — August 3, 2014 — International, Newscast, Web Exclusive
Continental supplies world’s first Turbocharger with Aluminum Turbine Housing in cars

Continental supplies world’s first Turbocharger with Aluminum Turbine Housing in cars

 Smaller cubic capacity and lower fuel consumption while offering the same, if not better, performance – that is the recipe for success when it comes to downsizing. A modern turbocharged system is necessary to achieve this. The global development trend toward turbocharging for gasoline engines is in full swing. International automotive supplier Continental is supporting this trend and setting milestones[Read More…]

by — July 16, 2014 — International, Newscast, Web Exclusive
Continental gives first look at augmented reality Head-Up Display

Continental gives first look at augmented reality Head-Up Display

Continental is presenting a new evolutionary stage of its head-up display (HUD). The Augmented Reality HUD supplements the exterior view of the traffic conditions in front of the vehicle with virtual information (augmentations) for the driver. The AR-HUD was developed from the previous HUD, but now the reflected information appears exactly where the information becomes a part of the driving[Read More…]

by — July 14, 2014 — International, Newscast, Web Exclusive

Volkswagen passenger cars deliver over 3 million vehicles in first half for the first time

A total of 3.07 (January-June 2013: 2.95) million vehicles were handed over to customers worldwide, representing an increase of 3.8%. Volkswagen Passenger Cars delivered 514,900 (June 2013: 509,200; +1.1%) models in the month of June. “Developments at Volkswagen Passenger Cars in the first half year were stable thanks to the brand’s convincing model range. The Golf in particular continues to[Read More…]

by — July 10, 2014 — International, Newscast, OEM, Web Exclusive
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