Automotive IT News and Facts
Altair is expanding its Hyperworks computer-aided engineering software to include the use of Mechanical Simulation vehicle dynamics simulation tools. Altair, a US-based business software group, said in a press release that Mechanical Simulation’s CarSim, TruckSim and BikeSim products will be available to its users through the HyperWorks Partner Alliance. HWPA provides a comprehensive package of [...]
Germany’s IT lobby warns that plans for a Europe-wide tightening of credit regulation under the so-called “Basel III” rules will negatively affect many small and medium-sized IT companies. The European Union is currently discussing new rules that would force banks to increase reserves held against the loans they offer. That would lead to more restrictive [...]
Volkmar Denner, a Robert Bosch board member, will succeed Franz Fehrenbach as CEO of the world’s largest automotive supplier July 1. Denner, 55, is currently board member in charge of corporate research and advance engineering, product planning and technology coordination. In addition, he oversees Bosch’s automotive electronics and car multimedia divisions. Fehrenbach, who has been [...]
Companies in emerging markets are leading the way when it comes to adoption Cloud-based application, according to a survey conducted by Tata Consulting Services. The US and Europe remain conservative about putting mission-critical and customer data in the Cloud, the survey of 606 managers in global companies with sales of more than 1 billion dlrs [...]
Daimler CEO Dieter Zetsche this week reaffirmed the premium car maker’s commitment to new connected-vehicle technology across its product range. “Soon you will not be able to make money anymore with cars that don’t integrate customers’ smartphones,” Zetsche said at a technical conference hosted by Germany’s auto industry association (VDA). This is particularly true when [...]
Volkswagen has launched a new company-wide IT academy in a move to give greater in-house prominence to the role of information technology in meeting its corporate goals. “IT is the nerve center of our company,” said VW personnel chief Horst Neumann. “Superbly qualified IT staff are therefore a precondition for doing business in an efficient, [...]
Robert Bosch, the world’s largest automotive supplier, is likely to get a new CEO before the end of the year, according to the German business monthly Manager Magazin. The publication says former CEO Hermann Scholl, 76, plans to hand over his duties as head of the Bosch supervisory board to current CEO Franz Fehrenbach later [...]
A four-year old battery joint venture between Germany’s Robert Bosch and Korea’s Samsung may be dissolved because the two partners’ business priorities are too diverse, according to the Financial Times Deutschland. The newspaper said Bosch, the world’s largest automotive supplier, needs the joint venture, SB Limotive, to focus on building complete battery systems for electric [...]
Jaguar Land Rover (JLR) and Chery Automobile confirmed they will jointly build JLR models and other cars in China, in a move to boost the presence of the British brands in the world’s largest market. The two carmakers will also establish a joint r&d center in China and will build engines together. And they plan [...]
MUNICH — Top industry executives speaking at this year’s Muenchner Management Kolloquium provided various interpretations of the conference topic: Growth through resource efficiency. But they agreed that, by making better use of available resources, companies can save money, boost productivity and improve their competitive position. Volkswagen CEO Martin Winterkorn highlighted his company’s drive to become [...]
