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Jaguar Land Rover develops Self-Learning Intelligent Car of the Future

Jaguar Land Rover develops Self-Learning Intelligent Car of the Future

Cutting-edge technology is being pioneered by researchers at Jaguar Land Rover to develop a truly intelligent self-learning vehicle that will offer a completely personalised driving experience and help prevent accidents by reducing driver distraction. Using the latest machine learning and artificial intelligence techniques, Jaguar Land Rover’s self-learning car will offer a comprehensive array of services to the driver, courtesy of[Read More…]

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…]

BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President and Chief Executive Officer James R Verrier was honored as an EY Entrepreneur Of The Year 2014 winner in the automotive category in the Michigan and Northwest Ohio region during a ceremony held recently in Detroit. Selected by an independent panel of judges made up of previous award winners such as leading CEOs, private capital investors and other[Read More…]

Ashok Leyland raises Rs 667 crore via Qualified Institutions Placement

Ashok Leyland Ltd, flagship of the Hinduja Group, has raised Rs 667 crores via a Qualified Institutions Placement (QIP). The capital raising comes on the back of a strong operating margin performance in Q4 – reflecting cost reduction and margin improvement measures, as well as the expectation of a turnaround in the domestic CV market. The QIP, launched on 26th[Read More…]

by July 10, 2014 Finance, Newscast, OEM, Web Exclusive
BMW Group breaks 1 Million mark in first 6 months

BMW Group breaks 1 Million mark in first 6 months

The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered to customers worldwide, an increase of 6.9% over the same period last year (954,501). Sales in June also reached an all-time high: deliveries increased 4.8% with[Read More…]

Haas Automation partners with Scuderia Ferrari

Haas Automation partners with Scuderia Ferrari

Haas Automation, the largest CNC machine tool builder in North America, has partnered with Scuderia Ferrari, the most successful team in the history of Formula One. Beginning with the 65th British Grand Prix at Silverstone, Haas Automation is featured on the lower side-pods of the Ferrari F14 T piloted by championship-winning drivers Fernando Alonso and Kimi Räikkönen. Haas Automation branding[Read More…]

Wireless charging of electric drive and plug-in hybrid vehicles

Wireless charging of electric drive and plug-in hybrid vehicles

One of the next steps on the way to perfect electric drive and plug-in hybrid vehicles is wireless charging. Daimler and BMW have now agreed on jointly developing and implementing one common technology. Wireless charging of the battery will make the handling of electric drive and plug-in hybrid vehicles even easier. Mercedes-Benz will commence fleet testing of this “unplugged” technology with[Read More…]

Continental Celebrates 30 Lifesaving Years

Continental Celebrates 30 Lifesaving Years

International automotive supplier Continental has been producing Electronic Brake Systems (EBS) for 30 years now. Two other milestones will occur this year: the 100 millionth EBS unit will roll off the assembly line in Frankfurt, which will also be the 250 millionth unit manufactured worldwide. “Electronic brake systems have been enhancing safety since 1984. They stabilise cars by assuming braking[Read More…]

Daimler India Commercial Vehicles starts production of Left Hand Drive FUSO Trucks

Daimler India Commercial Vehicles starts production of Left Hand Drive FUSO Trucks

Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, under Daimler Trucks Asia, rolled out its first Left-Hand Drive (LHD) FUSO trucks for the export markets at its state-of-the-art manufacturing facility in Oragadam.  The first heavy-duty truck – the FUSO[Read More…]

Volkswagen signs declaration in the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, to expand production capacity

Volkswagen signs declaration in the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, to expand production capacity

In the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, Jochem Heizmann, Member of the Board of Management of Volkswagen Aktiengesellschaft and President and CEO of Volkswagen Group China, on 7 July signed a joint declaration for two new vehicle plants in China together with Xu Jianyi, Chairman of FAW.   “China has become our largest and[Read More…]