Handelsblatt Conference: Zetsche cites autonomous potential for trucks

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MUNICH — Daimler CEO Dieter Zetsche said autonomous driving technologies may have even bigger potential for trucks than for passenger cars. “In trucks it’s not a nice-to-have, but it’s a must,” Zetsche told the Handelsblatt Auto Summit. He said autonomously driven trucks can enjoy a 5 percent reduction in fuel consumption, which is relevant¬†given the […]

Handelsblatt Conference: Winterkorn sees growth potential in digitalization

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MUNICH — New automotive technologies and the increasing digitalization of all aspects of the car business are providing growth opportunities for the auto industry, Martin Winterkorn, CEO of Volkswagen Group, said Thursday. In an address to the Handelsblatt Automotive Summit, the head of Europe’s biggest automaker also said he didn’t fear the¬†transformation of the industry, […]

BCG study finds innovation in automotive companies lagging

Tesla's strong showing in the poll may reflect its new approach to mobility (Photo: Tesla)

Automotive companies aren’t as innovative as they used to be, according to a survey of 1,500 senior executives who were asked about the state of innovation in global business by The Boston Consulting Group (BCG). The survey ranks the 50 most innovative companies in the world in the eyes of these executives. The list is […]

In PLM move, Siemens to acquire Camstar

Siemens aims to strengthen its PLM activities (Photo: Siemens)

Siemens plans to acquire Camstar in a bid for leadership in products that help companies digitize all areas of their business. The Germany-based diversified engineering group said its Siemens PLM software division will broaden its portfolio of product development and production automation products through the acquisition of Camstar. The US-based company is a specialist in […]

Daimler sells stake in Tesla

Daimler acquired a 9.1% stake in Tesla in 2009 (Photo: Daimler, Tesla)

Daimler has sold its 4 pc stake in Tesla Motors but said the cooperation between the two companies will continue. The German premium car maker, which is using Tesla’s battery technology in its new Mercedes B-Class Electric Drive, said the shareholding is not necessary to continue working with the California-based electric-car specialist. Daimler will realize […]

Interview: Opel’s Neumann is committed to affordability

Neumann became CEO of Opel in March, 2014 (Photo: GM)

With a new CEO, a revamped strategic plan and a strengthened commitment from parent General Motors, Opel believes it is on the road to a sustained recovery. The European GM brand has for years suffered losses and weak sales, but its newest models are finding buyers and the company is improving its position in the […]

IBM, SAP to cooperate on cloud-based business services

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IBM will start offering SAP infrastructure services to companies as part of a new strategic partnership between the US IT group and the German business software company. Under the pact, IBM will become a provider of cloud infrastructure services for business-critical SAP applications. SAP HANA, the company’s cloud-based analytics platform, will be available through the […]

German R&D platform for smart data innovation launched

The new platform hopes to turn big data into smart data (Photo: KIT)

A German research institute has launched a “Smart Data Innovation Lab” to develop tools to handle large amounts of data. The venture, led by the Karlsruhe Institute of Technology (KIT), is supported by industrial companies Bayer, Bosch, EnBW, IBM, SAP, Siemens and Software AG. “We will jointly develop new algorithms and instruments to manage large […]

Study: Industry 4.0 mobile apps not meeting requirements

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Mobile computing is becoming ever more important in manufacturing, but many so-called “Industry 4.0″ apps aren’t meeting the needs of their users. That’s one of the conclusions from a study conducted by management consultants Bestgroup and Leuphana University in Lueneburg, Germany. The study polled both users and developers and found that their priorities differed. Users […]

Bosch-Siemens’ Sturm to become CIO of ZF

Sturm (pictured) is succeed Peter Kraus, who is retiring (Photo: ZF)

Juergen Sturm, currently CIO of the Bosch-Siemens domestic appliances joint venture, will become CIO ¬†of ZF Friedrichshafen at the end of the year. Sturm, 51, will succeed Peter Kraus, who is retiring. The Bosch executive joins ZF at a time when the German automotive supplier is set to greatly broaden its global footprint through the […]