Volvo sees Microsoft HoloLens speeding up car developmentThu, 20, Oct 2016
Volvo says it is the first automaker to test Microsoft's HoloLens augmented-reality goggles as a tool. The technology could dramatically affect car development, which would help the automaker meet its goal of reducing the time it takes to develop a new model to 20 months from 30 months.
Continental tried to buy stake in Osram, report saysFri, 21, Oct 2016
Continental tried to buy Siemens' stake in lighting group Osram in the summer but was turned down, a German business magazine reported, citing company sources.
Gentex posts 18% gain in Q3 net incomeThu, 20, Oct 2016
Mirror and electronics supplier Gentex saw its third-quarter net income climb 18 percent to $92.1 million as sales at its automotive unit increased. Gentex typically serves as a bellwether for suppliers as it is one of the first of its peers to release its quarterly results.
Dana Q3 net income drops to $57 millionThu, 20, Oct 2016
Dana, the longtime supplier of various drivetrain components, today reported net income of $57 million in the third quarter, down 52 percent from the year-earlier period as sales from its commercial-vehicle units fell again.
China's LeEco stumbles out of gate with U.S. debut of autonomous carWed, 19, Oct 2016
Chinese technology company LeEco on Wednesday made an inauspicious entry into the race to develop self-driving electric cars when its prototype car could not make it down the runway during an introduction in San Francisco. Le Holdings Co. planned to unveil its self-driving car prototype as part of a splashy U.S. launch for an array of technology products and services, including phones, televisions and entertainment production.
Yanfeng makes big moves in U.S.Mon, 17, Oct 2016
With Johnson Controls in its fold, China's Yanfeng is amassing contracts in the U.S.
Truck supplier targets light-vehicle marketMon, 17, Oct 2016
Eberspaecher is a king of commercial truck exhaust systems -- now it plans to go after North America's passenger vehicle market.
Lear seeks edge in seating, electronics with new Detroit design, innovation centerTue, 18, Oct 2016
Lear CEO Matt Simoncini believes a new design and innovation center in downtoww Detroit will give the company an advantage as a supplier and designer of advanced seating and electronics technologies. The center, housed in a 129-year-old former cigar factory that Lear bought and refurbished for $10 million, will serve as a design center and technology incubator.
Renault-Nissan creates tech division to accelerate mobility pushTue, 18, Oct 2016
Nissan, aiming to parry rivals from Silicon Valley and emerge a leader in next-generation mobility, is forming a 300-person in-house startup division with French partner Renault to focus on software development, cloud engineering and big-data analytics.
How Apple scaled back titanic plan to take on DetroitMon, 17, Oct 2016
Apple has dramatically scaled back its automotive ambitions, leading to hundreds of job cuts and a new direction that, for now, no longer includes building its own car, people familiar with the project told Bloomberg. New leadership of the initiative, known internally as Project Titan, has refocused on developing an autonomous driving system that gives Apple flexibility to either partner with existing carmakers, or return to designing its own vehicle in the future.
Suppliers take a hit in J.D. Power tech studyMon, 17, Oct 2016
J.D. Power's new tech survey pulls vehicle suppliers into the consumer criticism hot seat.
Continental cuts profit guidance on warranty cases, supply disruptionsMon, 17, Oct 2016
German car components supplier Continental AG trimmed its profit forecast for the year, citing warranty cases and possible expenses for antitrust proceedings as well as supply disruptions following earthquakes in Japan.