Major challenges for society were the main issues at this year’s Annual Shareholders’ Meeting of the international technology company Continental. “The concept of mobility is currently being redefined. It is expected to be even safer, even cleaner, and – above all – fully connected. And all at a price that everyone can afford. All of this requires more efficient, more[Read More…]
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…]
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…]
“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…]
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…]
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…]
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…]
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…]
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…]
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…]
