Latest Tier Suppliers – Page 2
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ArticleFaurecia opens Tel Aviv center; focus will be on cyber security
Faurecia has opened an office in Tel Aviv, where it hopes to accelerate its cyber security strategy.
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ArticleSuppliers will face squeeze as OEMs push to meet EU CO2 targets
As carmakers strive to reach the more stringent CO2 emissions targets being phased in across the EU next year, we predict that many are likely to put more pressure on their supply base to help reduce emissions
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ArticleOEMs’ profit strategies today could hurt them tomorrow
Ahead of stringent EU emissions targets starting in 2020, some carmakers are pursuing strategies that actually go against what they will ultimately need to do to reduce hefty fines. This makes sense – but only for now
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ArticleEurope’s auto industry warns of “catastrophic consequences” of no-deal Brexit
With uncertainty continuing over Britain’s departure from the European Union, automakers and suppliers warned this week of “catastrophic consequences” if the country leaves the bloc without a comprehensive agreement in place.
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ArticleEU fines and electric future not entirely in the hands of OEMs
In the face of government and citizens’ rising concern over climate change, vehicle emission regulations around the world are tightening, especially in Europe. In our latest business intelligence report, we forecast that carmakers will face hefty fines under tightening vehicle emission targets, driven largely by factors outside their control.
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ArticleOpportunities ahead for automotive OEMs and tier suppliers
The downturn in automotive sales volume creates many challenges, but the transitional state of the industry also provides many business opportunities, according to a forecast and report from Ultima Media.
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ArticleGreater expectations: brighter days will return for the automotive industry
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
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ArticleHyundai, Aptiv to jointly develop autonomous driving technology
Hyundai Motor and Aptiv are forming a joint venture to speed up the development of highly automated vehicles.
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ArticleReport: Climate Change vs. Carmakers
In our second report from Ultima Media’s automotive business intelligence team, we focus on climate change mitigation policies around the world with a particular focus on the most stringent and imminent EU CO2 emissions targets predicting the financial consequences of the legislation upon the OEMs, the impact upon the wider supply chain and the opportunities that arise from the legislation.
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ArticleZF, IBM and UBS are teaming up to build a blockchain-based automotive transaction platform
ZF Friedrichshafen, IBM and UBS are teaming up to build a blockchain-based automotive transaction platform.
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ArticleTrade wars compound risks for automotive investment
The impact on tariffs and especially of uncertainty in key trading regions including the US, China and Europe are having real impacts on automotive companies and their investments in technology, according to a new report by Automotive from Ultima Media’s new business intelligence unit.
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ArticleReport: Automotive headwinds align into a perfect storm
Ultima Media’s new business intelligence team forecasts global vehicle sales by powertrain over the next decade, with analysis of the trends reshaping the automotive industry and its technology landscape.
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ArticleFrankfurt auto show to feature strong focus on electric vehicles
The Frankfurt auto show opens next week with a promise to be a showcase for the changing face of personal mobility.
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ArticleAn interview with Trumpf CIO Thilo Press: “We need to understand that IT is part of the business”
Digitalization is a core part of the corporate strategy at Trumpf and IT plays a big role in the plans. Thilo Press, CIO of the German maker of machine tools since 2015, recently talked to automotiveIT about the digitalization of products and processes, the potential of artificial intelligence and the need for IT to be a fully integrated part of the company’s business. Following are edited excerpts from the interview:
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ArticleRobert Bosch gets a new CIO
Vijay Ratnaparkhe is the new CIO of Robert Bosch, succeeding Elmar Pritsch, who has taken on new responsibilities at the large German automotive supplier group.
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ArticleThe outlook: Global challenges grow for automotive suppliers
Automotive suppliers are facing a tougher environment as vehicle production declines, the Chinese market weakens and growing efforts to electrify powertrains are reshaping demand structures.
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ArticleGreat Wall selects Germany’s Ibeo as lidar supplier
Great Wall Motor has selected Hamburg-based Ibeo Automotive Systems as the source for lidars on its production vehicles. The Chinese maker of SUVs and pickup trucks will initially use the IbeoNEXT solid state lidar system on its upcoming Wey SUV model.
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ArticleDana completes acquisition of Canadian electric powertrain specialist
Dana has completed the acquisition of Nordresa Motors, a Montreal-based integration specialist in the area of electric powertrains for commercial vehicles.
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ArticlePWC: More companies plan to invest in cyber security
More than two-thirds of all companies worldwide plan to spend at least 5% of their IT budgets on cyber security next year, according to a new poll. That’s up from 56% of companies polled a year ago.
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ArticleSchaeffler to work with SAP to improve digital efficiency
Schaeffler plans to work with business software group SAP to further develop its IT systems and step up digital transformation to improve efficiency.
