28 finalists have been chosen for the 2010 Automotive News PACE Awards. Finalists will now host teams of judges, who are industry, academic and business leaders. Judges evaluate each company’s innovation
Global vision-based analytics pioneer Mobileye, and refrigerated trucking leader C.R. England announced the installation of the 1,000th AWS-4000 driving-assist product in C.R. England’s fleet.
TRW Automotive Holdings on Wednesday reported third quarter net earnings of US$56m, which compares to a net loss of $54m a year ago on sales down 13.5% to $3.1bn.
New-car sales in Spain, France, Italy and UK rose sharply in October, helped by government subsidies for car buyers.
Japanese production of cars, trucks and buses from April to September plunged 33% year on year to 3.85 million units, a 34 year low, an industry body said Thursday.
General Motors have decided to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Magna International Inc. of Canada.
Toyota reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
Despite concerns that travel budget restrictions would hinder the latest GTB meetings hosted by JSAE in Tokyo Japan, more than 40 experts from the GTB global membership participated in the many working group meetings that occupied the complete week.
The meetings opened with a review of the outcome of the recent October 2009 GRE session where GTB had submitted 16 proposals for consideration. Of these 14 were adopted and will be transmitted to WP29 for its March 2010 session. The two remaining proposals will be considered again at the next GRE session following incorporation of contributions from GRE experts.
The General Assembly continued to work upon the reorganisation of the GTB operating structure and the working procedures of the working groups and taskforces. This is being done to improve efficiency and value for the members and to ensure that GTB is in a position to continue to provide a comprehensive expert contribution to the work of GRE and WP29.
The GRE chairman, Marcin Gorzkowski, acknowledged the importance of the contribution of GTB during his report to the 148th WP29 session with his reference to the “advantageous cooperation between GRE and GTB,”
Among the work items discussed in Tokyo were:
– Proposals for new light sources including the standardisation of low wattage Gas Discharge Lamps
– Standardised replaceable LED light sources for signalling applications,
Hyundai Mobis has won US$90m in supply contracts from BMW. The company said it had been working with BMW buyers and quality control officers since March to close the deals.
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