Geely Holding said it had reached agreement to acquire 8.2 pc of Volvo Trucks, strengthening the Chinese automotive group’s international operations and raising the possibility that the two separate Swedish companies bearing the Volvo name could be united once more. Geely said its stake in AB Volvo, the trucking group, will make it the largest Read More..
In June, Hau Thai-Tang, Ford Motorâ€™s head of global purchasing, was given a second job as executive vice-president of product development. Thai-Tang, who joined the carmarker as a trainee in 1993, sees the combined responsibilities as an opportunity to get more out of the relationship between Ford and a rapidly changing supply base. â€œWe have Read More..
The Volkswagen group, in a broad management reshuffle at Bentley, appointed Astrid Fontaine to the position of board member responsible for human resources, digitalization and IT at the Britain-based luxury brand. Fontaine, currently in charge of HR, culture and innovation at Porsche North America, succeeds Marlies Rogait. The appointment, which takes effect January 1, is Read More..
Companies are investing heavily in artificial intelligence, but adoption is often hindered by a lack of IT infrastructure, according to a new survey. The poll, conducted by market researchers Vanson Bourne on behalf of business software group Teradata, found that 80 pc of companies are already investing in AI and related technologies and 30 pc Read More..
Nissan Motor has appointed Anthony Thomas CIO of the Japanese brand, filling a position vacated by Celso Guiotoko earlier this year. Thomas most recently served as CIO of GE Global and previously also worked at mobile phone group Vodafone as its India CIO. Guiotoko used to be CIO of Nissan, its alliance partner Renault and Read More..
Delphi wants to be at the center of the auto industryâ€™s transformation and the global automotive supplier has been moving away from traditional powertrain technologies to connectivity, automation and electrical vehicle architectures. The core strategy revolves around the companyâ€™s aim to build â€œsafe, green and connectedâ€ products and systems. â€œWeâ€™re taking our whole hardware portfolio Read More..
Schaeffler has acquired autinity systems, a specialist company in digital machine data recording and evaluation, in a move designed to give the German automotive supplier added expertise in digital manufacturing technologies. Schaeffler has identified digitalization as a major business opportunity. The company already is working on 30 digitalization projects and it expects to double this Read More..
Delphi intends to call its soon-to-be-independent electrical and electronics division “Aptiv,” as the US-based automotive supplier group moves to spin off its powertrain operations into a separate company. Aptiv will be headed by the combined group’s current CEO, Kevin Clark, while a slimmed down powertrain company called Delphi Technologies will have as its CEO Liam Read More..
The 2017 AutoTech Symposium, which takes an in-depth look at new technologies for autonomous and connected vehicle development, will take place October 4 in Waterloo, Ontario. The event, hosted by theÂ Economic Development Corporation of the Waterloo region, features a range of speakers who will discuss various aspects of the automotive transformation in progress. Among the Read More..
FRANKFURT — Audi’s new flagship A8 model is filled with state-of-the-art connected technology, but the premium brand’s head of electrical and electronics development said Wednesday that a “quantum leap” in several key technologies is still needed to realize the industry’s autonomous-driving goals. Thomas Mueller said coming generations of Audi vehicles will need a new end-to-end Read More..