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See below the main points of the report of Shaghai autoshow released today.
China has a “big four” collection of state-owned domestic car manufacturers: Shanghai Automotive Industry Corporation (SAIC, in partnership with GM), Dongfeng, FAW, and Chang’an. Beijing Automotive Industry Corporation (BAIC) frequently challenge Chang’an as the fourth largest automaker. Guangzhou Automotive also are state-owned.
1. Shanghai Automotive Industry Corporation (SAIC) are headquartered in Shanghai operating in joint venture with General Motors. They had the largest production volume of any Chinese automaker in 2017, making more than 6.9 million vehicles. SAIC sell under a variety of brands including Maxus, MG, Roewe, and Yuejin. Vehicles made by SAIC joint ventures are sold under marques including Baojun, Buick, Chevrolet, Iveco, Škoda, Volkswagen, and Wuling.
| RM-C concept |
Koito Group’s consolidated net sales decreased 2.7% year on year to ¥826bn. This was attributable to a decrease in the automobile production volume and the status change of Shanghai Koito Automotive Lamp (“Shanghai Koito”)
The global lidar market was worth $1.3bn in 2018, and will ‘explode’ over the next five years to reach $6.4 billion by 2024. That’s the latest prediction from Yolé Developpement, whose analysts have been scrutinising the technologies being developed
The Marcus Prize, which is awarded to the most economical and safest new passenger car models launched on the Austrian market, was awarded to the winners for the seventh time last month at the ÖAMTC Mobility Center in Vienna-Erdberg.
After approval by the British Competitors and Market Authority (CMA) for the takeover of Ring Automotive by Osram, the partnership between the companies officially started on 1 May. Acquisition of the venerable British aftermarket specialist
LiFi uses visible light to transmit data over the air. It is a major focus of Signify to make light a new communication tool. As the IoT (“Internet of Things”) grows, the number of internet-connected devices increases drastically. Ed Huibers, general manager
Asyst Technologies, established in 1996 in Kenosha, Wisconsin, USA, have 41 Engel moulding machines ranging from 25 to 340 tons, as well as a wide array of facilities and equipment in two buildings for injection moulding,
FCA have completed the sale of car parts unit Magneti Marelli to Calsonic Kansei for €5.8bn, slightly below the initially-thought price due to the unit’s changed financial position.
CK Holdings, a holding company of Calsonic Kansei Corporation, announced the
2018 has been a difficult year for many LED manufacturers. Key factors included a market glut (oversupply), and the trade war started with China by US President Donald Trump caused demand to slump. This caused lower-than-expected business
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