John Irwin Reporter John Irwin is a reporter for Automotive News Canada. [email protected] 734-716-5728 See All Staff Page Recent Stories EV tax rules lift Magna Steyr's hopes for U.S. production Magna is scouting locations for a contract assembly plant in the U.S. But first, it needs to find enough interest from customers. Supplier profits lag even as revenue reaches pre-pandemic levels While revenue has frequently returned to pre-pandemic levels, profits at many suppliers remain well below where they were in 2019. ZF takes the plunge into software business ZF Group is rolling out its first pure software product, as the world's third-largest parts supplier looks to establish itself in the fast-growing market. Marelli returns from restructuring with a new game plan The supplier is looking to boost collaboration with automakers and tech companies while regionalizing its manufacturing strategy as it emerges from financial restructuring. Chip giant Qualcomm crafts a new auto industry role As Qualcomm inks more deals with automakers, it's defining a new role as a supplier. Personal mobility at risk without more EV innovation, Forvia CEO says Europe must follow China and develop small electric cars with affordable batteries, Forvia CEO Patrick Koller said. Valeo brings new safety tech to CES One product, called Pantomime, uses an algorithm to help vehicles understand the movements of other road users and anticipate potential actions they will make. ZF partners with Beep to launch self-driving shuttle The shuttle is designed for use on city roads with options for battery capacity of 50 or 100 kilowatt-hours, providing 80 miles of pure electric range and a top speed of 25 mph. Suppliers bring new visions for a new era Amid a rapidly changing automotive landscape, CES provides a broad venue for parts suppliers to lay out their visions of the future. Magna to buy Veoneer Active Safety for $1.53 billion in bid to boost ADAS business The deal gives Magna access to Veoneer's suite of camera and radar systems, as well as its driver monitoring technology and domain controllers. On the hunt for a big EV battery breakthrough Automakers and battery suppliers are in search of a holy grail -- a battery chemistry for electric vehicles that sharply reduces charging times and greatly increases range while remaining cheap and easy to produce on a mass scale. Faurecia's leather-wrapping solution offers new design possibilities A new leather-wrapping solution developed by Faurecia could allow automakers to offer more unique designs in their vehicle interiors and localize more of the production process. Bosch uses AI to design new e-motors Bosch is building flexible lines that can support e-motor configurations that vary from customer to customer. Microchip shortage forces more car production cuts in 2023 Automakers are already beginning to alter 2023 production plans to brace for millions more vehicles lost to microchip shortage. Bosch expands U.S. factory to produce more e-motors Bosch said it has secured "additional electromobility business" that requires an expansion at its South Carolina plant, which began producing electric motors for the Rivian R1T pickup this month. Load More
John Irwin Reporter John Irwin is a reporter for Automotive News Canada. [email protected] 734-716-5728 See All Staff Page