The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries is Automobile Dacia, with RON 115.8 million. Automobile Dacia aims to expand its production capacity in order to increase production to […]
Robert Bosch, the world’s largest automotive supplier, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said. Bosch managers […]
German supplier Continental is considering acquiring software makers after the flotation of its powertrain unit expected in the second half of 2019, its Chief Financial Officer Wolfgang Schaefer told a German newspaper “We are currently in a position to pay up […]
Finnish supplier Canatu wants to make next-generation cars a lot more sensitive to touch. “Our vision is that any surface can be smart,” said Juha Kokkonen, who is CEO of touch films specialist Canatu. The 14-year-old company’s solutions are already […]
Ford is implementing key leadership and organizational changes to improve the fitness and agility of its European operations as it undergoes a fundamental reset and redesign of its business. To accelerate its redesign efforts, Ford is appointing new leaders to […]
ZF Friedrichshafen will invest 800 million Euro to adapt its transmission factory in Saarbruecken, Germany, to produce components for electrified drivetrains. ZF expects the share of hybrid drivetrains to grow to 50 percent in the next 10 years from 5 […]
Sweden’s Autoliv is setting aside 185 million Euro this quarter to cover a fine it expects the European Commission to impose after a long-running cartel investigation, the supplier said in a statement on Thursday. Autoliv, the world’s largest airbag maker, has […]
In November, Dacia sold 2,237 cars to the British market, up 52.59% over the same period in 2017. However, since the beginning of the year, Dacia has had sales down nearly eight per cent in the UK. New car sales […]
The Association of Automobile Manufacturers in Romania (ACAROM) announced the production data of the Dacia plant in Mioveni for the first 11 months of the year. From January until the end of November, the employees of the Mioveni factory assembled […]
In September of this year, Autoliv officially formed a new division in Brasov, RBE (Romania Brasov Electronics), and the engineers team will focus their efforts on the innovation and development of the electronic safety systems in the Passive Safety area, […]
a brand of
Diplomat Media Events
Phone: +40 31 4222369
Email: office@automotive-today.ro
