The firm unveiled its Sylvatraxx 8000 tread enhancement additives grades, which it said are designed to optimize the balance between wet traction and rolling resistance in silica-filled passenger car tire treads, specifically for high-performance all-season tires.
REGENSBURG, Germany (Reuters) – Vitesco, the powertrain division of auto supplier Continental (CONG.DE), faces margin pressure as it shifts its business beyond combustion engines, which make up 90% of revenues, to capture growth from electromobility, Chief Executive Andreas Wolf said. “Electrification is a huge change for the company but also a massive opportunity,” Wolf told Reuters in an interview.
While Magna International Inc. anticipates growth to 2022 it does expect sales this year to fall compared with 2019 due to a variety of factors. In its , the Canadian auto supply giant said the stronger U.S. dollar, the sale of its fluid pressure and controls business and lower expected light vehicle production in Europe will all contribute to lower sales in 2020. The company says it expects total sales between $38 billion and $40 billion this year.
WASHINGTON — Tariffs and trade were the big government-related news out of Washington in 2019, a year in which partisan gridlock combined with the pending impeachment trial of President Donald Trump to prevent much legislation from passing Congress.
Nashville, TN – A lot can change in 10 years, and our roads are no exception. In its latest Gauge Index survey, Hankook Tire found that, despite a decade of automotive innovation, one element of driving still leaves something to be desired – drivers’ attitudes.
Here are thoughts and predictions for the new year, in no particular order. Some (particularly the last one) are safe bets.
They are coming, in high volume with high prices – on average $10k higher than vehicles with internal combustion engines.
OTTAWA – Light trucks accounted for 70.9% of Canada’s passenger-vehicle market in 2018, on par with their share in the U.S., and there are no signs of the trend abating, industry officials say.
In unit terms this amounted to 1.4 million light trucks – SUVs, CUVs, pickups and minivans – sold last year, compared to just 577,000 standard cars, according to new data from Ontario-based DesRosiers Automotive Consultants.
WASHINGTON (Reuters) – U.S. President Donald Trump’s rewrite of North American trade rules will cost automakers nearly $3 billion more in tariffs over the next decade for cars and parts that will not meet higher regional content requirements over the next decade, the Congressional Budget Office (CBO) estimates.
TURIN/PARIS — The signing of a memorandum of understanding between PSA Group and Fiat Chrysler Automobiles to pursue a merger of the two companies is a victory for Carlos Tavares, the CEO of PSA, who would lead the combined enterprise. The new company could build nearly 9 million cars a year, making it the world’s fourth-largest automaker. Annual revenues would be 170 billion euros.
Tokyo – Bridgestone Corp. has unveiled a new technology capable of estimating a wheel axle load and tire wear condition using newly developed sensors.
Attached inside tires, the Smart Strain Sensors measure the change in strain that occurs when a tire makes contact with the road while in motion, explained Bridgestone 18 Dec.