Michelin is committed to making their tires 100% sustainable by 2050. Though making their tires 100% sustainable is ambitious, it remains realistic. Why are they so confident? The Group’s materials expertise, along with their ability to innovate and develop new technology, offer considerable advantages.
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March 22, 2021
Commodity prices continued to surge in February, with energy commodities jumping 14,3% and non-energy commodities rising 2,5%.
March 15, 2021
Automotive Online Meetings is an international event dedicated to automotive professionals, buyers and suppliers.
March 11, 2021
2020 was a trying year for the European automotive industry, and so far, 2021 has not proved to be much easier. According to our data for 27 markets across the region, registrations of new cars totalled 839,525 units in January 2021, down by 26% compared to the same period in 2020 – the lowest result for January since 1982. Felipe Munoz, global analyst at JATO Dynamics commented: “Despite efforts made by governments and OEMs to boost the registration of pure electric cars, it has not been enough to offset the impact of the global pandemic and local lockdowns”.
March 10, 2021
FANUC is adding the new digital service FANUC Assisted Reality (FAR) to its service offering in Europe. With this, the company wants to support customers as fully as possible, even in times of travel restrictions and distance rules. At the same time, FANUC expects FAR to improve service even further.
March 9, 2021
The European Investment Bank (EIB) has approved a 600 million euro package for automotive supplier Valeo to finance its research projects focused on reducing CO2 emissions and improving vehicle safety. The funds are to be allocated to Valeo’s Europe-based research projects, primarily in France, but also in Germany, the Czech Republic and Ireland.
March 8, 2021
For the seventh consecutive year, the BMW Group leads the US in automotive exports. Plant Spartanburg in South Carolina exported 218,820 vehicles with an export value of more than 8.9 billion US dollars in 2020. The BMW Group produced a total of 361,365 vehicles at the plant. About 218,000 of these units were manufactured in the second half of the year, setting a new plant record.