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Volvo is recalling 507,000 vehicles worldwide because of a faulty engine component that, in extreme cases, could result in a fire. Volvo said its own investigations have identified that “in very rare cases the plastic engine intake manifold may melt and deform.”
Volkswagen Group is facing crunch time to deliver on a pledge to become a global juggernaut shaping future transportation.
Yanfeng Automotive Interiors (YFAI), the global leader inautomotive interiors, is awarded as a Top Employer 2019 for its good working conditions in Germany and Slovakia.
Together with Norwegian Prime Minister Erna Solberg, Siemens this week opened one of the world’s most advanced and robotic battery module factories in Trondheim, Norway. In the future, 55 battery modules per shift will be assembled every day for the marine and offshore market.
Strategic alliance with Bentley Systems, which started in 2016, to be further expanded. In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance.
Škoda made a strong start to the second half of the year, delivering 99,700 vehicles to customers worldwide in July, and exceeding last year’s car deliveries by 14.6%. Alongside Europe (+15.7%), ŠKODA made considerable gains in Russia (+24.7%), China (+13.9%) and India (+12.7%).
BMW is investing 1 billion euros ($1.17 billion) in a new assembly plant in Hungary, its first factory in Europe in nearly two decades as the automaker strengthens its European footprint amid growing protectionism.
BMW AG will appint Neil Fiorentinos as the new CEO of BMW Group Region Central & Southeastern Europe on September 1, 2018. Fiorentinos replaces Christoph v. Tschirschnitz, who has decided to accept new management challenges outside the BMW Group.
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