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Price pressure in autmotive supply chain will continue, study says July 28, 2010 For automotive suppliers, price pressure is a known phenomenon. And they already suspected that it won't go away anytime soon. A study from consulting company Oliver Wyman says who is hit hardest. No surprise: electronics equipment. Read more PSA secures loan to finance plug-in hybrid development July 27, 2010 The European Investment Bank (BEI) announced it has awarded a 200 million euro ($258 million) loan to PSA Peugeot Citroen to finance the carmaker's program to develop plug-in hybrid vehicles. The program, totaling 400 million euros ($516 million), is part of the group's ongoing R&D investment strategy ... Read more TRW to license slip control systems to Indian partner July 15, 2010 TRW to license slip control systems to Indian partner TRW Automotive Holdings Corp. has enhanced its technology relationship with its joint venture, Brakes India Limited (BI), a manufacturer of automotive braking systems in India. TRW intends to license slip control systems (SCS) technology to BI. Read more Nissan blames IC vendor for abrupt production halt July 14, 2010 Nissan Motor's unexpected production halt sure looks like the ultimate supply chain screw-up, resulting in nightmares for OEMs. Read more Renault opens powertrain test center June 30, 2010 In line with its powertrain strategy, French carmaker Renault announced it has invested 60 million euros ($74.19 million) in new test facilities dedicated to combustion engines. Read more Daimler selects SMSC Kleer technology for infotainment system June 25, 2010 Daimler selects SMSC Kleer technology for infotainment system Chip vendor SMSC announced that its Kleer wireless audio technology has been selected by Daimler AG as part of the rear seat entertainment system for the 2010 Mercedes-Benz E-Class and S-Class models. The two Mercedes-Benz models are the first automobiles to implement Kleer technology. Read more NXP's Mifare Plus selected for Turkey's road tolling system June 24, 2010 NXP Semiconductors announced that its contactless microcontroller IC, Mifare Plus, has been adopted by the Turkish highway card-based automated toll scheme, Kartlı Geçiş Sistemi (KGS). This volume rollout implemented by the Turkish system integrator Aselsan will see NXP supplying over two million ... Read more Dassault takes over automotive design software vendor Geensoft June 22, 2010 French design and PLM software vendor Dassault Systèmes (DS) announced a new step in its systems strategy with the acquisition of Geensoft, a provider of automotive and embedded systems development solutions, for 5.5M€. Dassault's V6 portfolio is expanded by adding the capacity to model and generate ... Read more MOST Forum 2011: Call for Papers June 17, 2010 International MOST Conference invites automotive professionals to report on latest and future technology insights and research results. Read more OpenSynergy gets funds to expand June 10, 2010 OpenSynergy, developer of an Autosar-compliant Linux-based operating system for infotainment applications, has announced the completion of a third financing round. Investors are the Hasso Plattner Ventures and the VC Fonds Technologie Berlin, managed by the IBB Beteiligungsgesellschaft mbH. Read more
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