Detlev Decker leaves Hella at the end of the year. He spent 27 years at this companny where he had the chance to conduct and to manage the introduction of projector modules, Xenon, LEDs and Adaptive Lighting.
Hella intend to increase their stake in Docter Optics in Neustadt/Thüringen by acquiring the shares of Rodenstock Technologie Holding therefore making it the majority shareholder. The process is currently subject to approval by the monopolies
Geely, local supplier Zhejiang Linmin and Faurecia are to form a joint venture and establish a global industrial zone in China. According to Global Times, they will construct factories across the manufacturing base of Geely Group,
A range of innovative advanced driver assistance systems are making their debut in compact cars. An emergency-brake assist is available for the first time ever. Continental also provides the PEPS remote locking and authorization system,
Volkswagen will take on an additional 50,000 workers worldwide, taking their global workforce to around 450,000 in the medium term, the company’s personnel director Horst Neumann told the German financial daily Handelsblatt.
After months of uncertainty, Porsche have been told by Volkswagen CEO Martin Winterkorn that they will take the lead in developing sports cars and big luxury sedans for VW group. That was a blow to Audi,
Hyundai plan to unveil a global branding strategy under the concept “modern premium” in a bid to nudge its image upmarket and command higher prices more in line with the carmaker’s recent strides in quality and technology.
China’s passenger-car deliveries to dealers rose to a record in November as customers rushed to take advantage of government incentives supporting vehicle-buying that may expire at the end of the year.
Car sales in Western Europe fell by 9% in November according to JD Power Automotive Forecasting, but the firm says the pace of the fall has at least slowed from the previous month.
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