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
The supplier has a Puebla plant already supplying dry clutches for DCTs to Ford. The new facility will manufacture torque converters for North America. “It’s a good problem that we have to increase capacity,” an executive says....More
After four years at its Michigan tech center, IAV’s four dynamometer test cells are fully occupied, and the supplier wants as many as four more. The facility can run every engine test cycle used in every region of the world....More
To reach series production, Schaeffler, Ford and other co-developers must lower the cost of each part, conduct functional safety and environmental testing and document the technology for potential customers....More
Marchionne says the elimination of Opel reduces by about 15% the possible synergies FCA and GM could achieve, but he still thinks a deal would be worth pursuing, even though he spotted one big negative the day of the sale’s announcement....More
With the upper luxury Phaeton now out of production, the new Arteon will take over at the head of Volkswagen's car lineup in most markets except China, where the recently introduced Audi A6-based Phideon will sit above it.
WardsAuto editors are evaluating about 30 vehicles as part of the 2017 Wards 10 Best Interiors competition. Today's gallery focuses on the '17 Kia Niro, a 5-passenger hybrid CUV with a sticker price of $32,445.