Mobileye and Ford enters high-volume agreement for ADAS
July 22, 2020Mobileye, an Intel company, and Ford Motor Company are collaborating on bringing driver-assistance systems across Ford’s global product lineup.
Construction starts at Kyungshin new factory in Serbia
June 03, 2020The South Korean automotive company has initiated the construction of its new facility in the municipality of Smederevska Palanka in Serbia – once completed 700 new jobs will be created.
PVA joins growing list of companies helping fight COVID-19
March 25, 2020Upstate New York-based PVA has ramped up efforts to supply solutions for the shortage of COVID-19 test kits, portable respirators, and mechanical ventilators.
Getting creative: Ford, 3M, GE, UAW unite to battle COVID
March 25, 2020Ford Motor Company, 3M and GE Healthcare are brainstorming ways to engineer and manufacture medical equipment and supplies for front line healthcare workers and responders, as well as patients fighting coronavirus.
Intellitronix seeing interest from Ford
March 24, 2020Ohio-based Intellitronix Corporation, a subsidiary of US Lighting Group, has been invited by the Ford Motor Company to submit a proposal to design and manufacture an automotive electronics component for one of the automaker’s upcoming vehicles.
Kyungshin Cables to make a €20 million investment in Serbia
March 17, 2020The South Korean cable plans to invest EUR 20 million in the construction of a factory for electric vehicle charger cable sets in Smederevska Palanka, Serbia.
Rivian announces close of fourth funding round
January 13, 2020Rivian closed an investment round of USD 1.3 billion in late December, led by funds and accounts advised by T. Rowe Price Associates Inc., with Amazon, Ford Motor Company also participating.
ZKW expands locations in Mexico and Slovakia
January 10, 2020Before wrapping up 2019, the Austrian lighting systems specialist announced investments a total of over EUR 210 million euros in its production plants in Mexico and Slovakia.
Ford announces massive investment in MI
January 09, 2020Ford Motor Company has announced plans to add thousands of jobs and pump upwards of a billion dollars into two Michigan plants, to support an expansion that includes the company's electric and autonomous vehicle lines.
Don't forget about human inclusion in industry 4.0
November 19, 2019Michael Ford from Aegis Software is reminding the industry in the midst of connectivity that our most powerful asset is still the human employee.
Key points to consider when it comes to manufacturing data and the cloud
November 04, 2019People have begun describing their cloud systems as "the fog." I get the feeling the joke is based on actual events. Are we" venting" gases into the atmosphere with our data during this digital era just like we did during the industrial age?
RBVC, Ford and BMW invests in flexible electric circuit start-up
October 31, 2019Robert Bosch Venture Capital GmbH (RBVC), the venture capital company of the Bosch Group, announces that it has completed a series B follow-on investment in CelLink Corporation.
Ford is reorganising its European business – cutting 12000 jobs
June 27, 2019Ford is launching a new business model and fresh vehicle line-up as part of the most comprehensive redesign in the history of its business in Europe. Something that will also result in the closure or sale of plants.
Google moving hardware production out of China
June 14, 2019Alphabet Inc.’s Google is moving production of Nest thermostats and server hardware out of China, avoiding punitive U.S. tariffs and an increasingly hostile government in Beijing, Bloomberg is reporting.
Automotive supplier to set up shop in Serbia
May 24, 2019Xingyu Automotive Lighting System, a Chinese supplier to the automotive industry will set up a manufacturing plant in the Serbian city of Nis.
Ford: 7,000 jobs to be cut globally, 800 in U.S.
May 21, 2019Ford Motor is cutting approximately 10% of its global salaried staff as part of a company-wide “redesign,” effectively eliminating 7,000 white-collar jobs around the globe.
PowerCell signs joint development agreement with Bosch
April 29, 2019PowerCell and Robert Bosch GmbH have signed an agreement regarding the development, production and sale of the PowerCell S3 fuel cell stack for the automotive segment.
Rivian, Ford team up in USD half-billion investment partnership
April 25, 2019Rivian has announced an equity investment of USD 500 million from Ford Motor Company, to fuel collaboration on the development of a battery electric vehicle using Rivian’s flexible skateboard platform.
Hints of EV tax credit expansion boost GM, Tesla
April 10, 2019Tesla shares rose almost 1% and GM shares .2% on a recent Reuters report that a bipartisan proposal, expected to be attached to tax legislation within the next few months, would expand the existing EV tax credit by 400,000 vehicles per manufacturer.
SAE Int’l, major automakers create automated vehicle consortiumLoad more news
April 03, 2019SAE International, Ford Motor Co., General Motors and Toyota have formed the Automated Vehicle Safety Consortium (AVSC) that will work to safely advance testing, pre-competitive development and deployment of SAE Level 4 and 5 automated vehicles.