While many other companies cut back sharply during the economic meltdown, Bosch kept ahead of the technology curve so important to auto makers by maintaining R&D investment and preserving value-added functions.
The overall hybrid market share in the U.S. is about 2%. For all-electric vehicles such as the Nissan Leaf and Mitsubishi i, shares are fractionally “very, very small,” says Scott Miller, president of Vision Critical, a consumer-information and technology firm.
The prevailing view that automated systems first will be used in Europe and North America is being challenged by Chinese interest in what Magna International executive Frank O’Brien calls the digital lifestyle....More
The local industry recognizes there’s still work to be done to improve quality and upgrade technology – huge tasks, in fact. But government officials and company insiders say it’s time to prepare for a bigger play around the world....More
Model-year changeovers in the truck business these days bring with them more updates than in the recent past. Competitive pressures are too intense to let a product go untouched, GM marketers say....More