Leoni has received a follow-up contract from Porsche. The contract is to supply wiring systems and is valued at €700m for the period of seven years.
Leoni’s wiring systems are currently
Porsche say China might pass Germany as their second-biggest market within three years as a result of rising wages and demand for the $260,000 Panamera sports sedan.
Top 10 Models
Sales of Volkswagen’s Golf were up 32% year on year last month
In a confidential ranking of car makers’ reliability in Europe (Ranked by the number of incidents per car after one year use), Ford is ranked third and Peugeot fifth, both better than VW and Audi.
North American parts suppliers consider BMW the automaker best at adopting innovations, according to an Automotive News study compiled with J.D. Power and Associates.
LED lighting is going from strength to strength in ground transport vehicles, and now LEDs are taking flight: Honeywell and Airbus have signed a contract for $80m (USD) worth of LED wingtip lighting
Advanced lighting technology — LEDs in particular — continues to enable new techniques to enhance vehicle brand identity. An increasing number of production vehicles are using LED lights,
Hundreds of millions of dollars have been invested in OLED (organic light-emitting diode) technology, especially in Europe, the US, and Japan.
Over 130 companies and universities and
Hella Lighting Corp. have announced they will close their U.K. manufacturing facility at York by May 2010 as a result of the global economic slowdown. The plant closure will erase 400 jobs.
PSA‘s new CEO Philippe Varin has appointed Citroën boss Jean-Marc Gales to lead Peugeot and to oversee Citroën as the head of PSA’s overall brand strategy.
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