Toyoda Gosei Co., Ltd. exhibited its “e-Rubber” at the 2nd RoboDEX technical exhibition for the robotics industry, held at Tokyo Big Sight on January 17-19. e-Rubber is a next generation rubber that moves with electricity and mechanical force. Toyoda Goseiuses…
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Japanese auto luxury brands aim to rival Germany’s prestige automakers
Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany’s prestige automakers and Silicon Valley’s Tesla Inc. Toyota Motor Corp’s Lexus brand unveiled at Detroit its “LF-1 Limitless”…
Despite deeper ties with Toyota, Mazda to remain independent
Japan’s Mazda Motor Corp recently said that while it is deepening its development and production partnership with Toyota Motor Corp, the small automaker would remain a company independent from its much bigger rival. Mazda and Toyota recently announced that they…
Continental AG to split by year-end
Germany’s Continental AG aims to float part of its business on the stock exchange before the end of the year, German monthly Manager Magazin reported on Thursday, citing no sources. The automotive supplier said this month it was in talks…
Yokohama Rubber to expand tyre facility in India
The Yokohama Rubber Co., Ltd., will be expanding the Yokohama Group’s global production capacity for off-highway tyres by adding new facilities at ATC Tires Pvt. Ltd., the Indian tyre manufacturing and sales subsidiary of the Alliance Tire Group (ATG), which…
Evonik launches Ultrasil 7800 Gr to optimise production of green tyres for SUVs and all-season tyres
Green Tyres have proven particularly resource-efficient for cars, where Evonik’s Silica/Silane technology can achieve fuel savings of up to eight %. By developing Ultrasil 7800 Gr, a silica with a customized surface area that meets the extreme demands of SUV…
Chinese car manufacturer Chery to use Nvidia’s self-driving technology
Nvidia Corp announced recently that China’s Chery Automobile Co would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG. Chery will be the first Chinese carmaker to adopt the new system, Nvidia said. Chinese internet…
GM’s 2018 earnings outlook above market expectations
General Motors Co shares rose on recently after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018…
Continental not eyeing major takeover deals this year despite having US$6 billion to spend
German automotive supplier Continental has around EUR4 billion to EUR5 billion euros (up to US$6 billion) that they can spend, but is not eyeing big takeover deals this year, its chief executive said. The company has been seeking to beef…
Halcyon Agri set to become world’s largest producer of standard Indonesian rubber
Halcyon Agri Corporation Limited, one of the world’s largest natural rubber supply chain managers, has signed a conditional sale and purchase agreement in respect of the proposed acquisition of PT Sumber Djantin and PT Sumber Alam for S$105.3 million. Upon…