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FORVIA—born from the merger of Faurecia and HELLA—is the world’s seventh largest automotive supplier, specializing in seating, interiors, electronics, lighting, clean mobility, and lifecycle solutions. Faurecia CEO Patrick Koller led this merger and is now leading the new company forward. This is an auspicious time to talk to him, and he graciously granted an interview…
According to preliminary key data for the fiscal year ended this past 31 May, Hella outperformed the global automotive market in a challenging market environment. On a preliminary basis, the company’s currency and portfolio-adjusted sales decreased slightly by 2.4 per cent to €6.2bn while global light vehicle production fell by around 9 per cent in…
Every version of Opel’s new Grandland comes with a full-LED lighting system from Marelli, and on high-end trim levels an adaptive pixel light system Opel call IntelliLux LED® is available as an option. As described in Opel’s online video, It provides an 84-pixel matrix per headlamp and offers all adaptive lighting functions including high-end segmented glare-free…
Lenders representing more than 90 per cent of Marelli’s bank debt have approved the company’s revitalisation plan, and the Tokyo District Court has confirmed it. Central to the plan is Marelli’s capital restructuring, comprising the investment of new equity capital by shareholder KKR and a reduction of existing bank debt. The overall goal is to…
During their World 2022 technology conference, Baidu unveiled their sixth-generation fully-autonomous vehicle, the Apollo RT6. It’s a production-ready L4 EV, expected to join the Apollo Go robotaxi fleet next year. The vehicle will have a detachable steering wheel and 38 sensors, including eight lidars and 12 cameras.Baidu—more or less China’s equivalent of Google—have been venturing into…
Volkswagen Group CEO Herbert Diess is leaving the company by what they describe as “mutual agreement”. Porsche boss Oliver Blume will take over, while also retaining his role as the head of the Porsche brand. VW’s current CFO Arno Antlitz will become COO. Diess’ departure comes as the company are pushing to beat Tesla to…
Toyota have partnered with Israel’s Quantum Machines, through business arm Toyota Tsusho, to develop quantum capabilities and bring Japanese customers access to quantum technologies. Founded in 2018 by award-winning quantum electronics experts, doctors Itamar Sivan; Yonatan Cohen, and Nissim Ofek, Quantum Machines have built the Quantum Orchestration Platform (QOP), a hardware and software solution for operating…
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