Since 2009’s downturn, Schaeffler has hired 3,800 new employees (including 400 engineers), increased content per vehicle 55% and filed some 600 patents. Times are good. A top executive sees no dark clouds on the horizon....More
More than 170,000 analysts, techies, executives, purchasing agents and company reps attended this year’s CES from around the world to learn what’s new and on the horizon. Some 3,500 companies exhibited, including TRW....More
The supplier can use headlamps to project warnings along the edge of road surfaces to pedestrians at night. The technology is another step toward smarter vehicles that ultimately will be able to drive themselves, Valeo says....More
Las Vegas this week is hosting the 2015 Consumer Electronics Show, a massive conference that draws 180,000 people and extends to multiple facilities up and down the Strip. Virtually every sector of consumer electronics is represented at the show, including automotive. For the past several years, automakers and key suppliers have stepped up presence at CES. Ten automakers are participating this year.
A year that began with great optimism soured as months wore on, with sales deflating from a relatively robust 1.6 million units in March to a meager 739,263 in August, according to WardsAuto data....More