ZF completes WABCO acquisition

May 29, 2020    Tier Suppliers

ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities. WABCO shares, previously listed on the New York Stock Exchange, cease public trading with immediate effect.

Matthias Rabe appointed Member of the Board for Engineering of Bentley Motors

May 29, 2020    People

Bentley Motors announced that Dr. Matthias Rabe, currently Chief Technology Officer of Volkswagen Passenger Cars, will be appointed Member of the Board for Engineering at Bentley Motors, effective 1 August 2020. He succeeds Dr. Werner Tietz who will leave the luxury brand at the end of June 2020 after more than two years to take up the position of Executive Vice-President for Research and Development at SEAT.

Karl Bernqvist joins Volkswagen Commercial Vehicles

May 29, 2020    People

Karl Bernqvist is joining the Brand Management Board and taking over responsibility for procurement at Volkswagen Commercial Vehicles (VWCV) in Hannover from 1 July 2020.

SEAT appoints Dr. Werner Tietz as VP for R&D

May 29, 2020    People

Dr. Werner Tietz has been appointed new executive Vice President for Research and Development at SEAT, as of July 1st.

Imperial to handle air bags for major car maker

May 29, 2020    Supply Chain

The contract involves processing over 5000 inbound stillages per year, containing some 230,000 air bag assemblies, and storing them in fully-certificated hazardous materials warehousing, for call-off as required.

Markus Duesmann launches “Artemis” project

May 29, 2020    OEM

Two months after taking office as the new CEO at Audi, Markus Duesmann is setting up a unit for the accelerated development of additional automobile models.

Groupe Renault presents plan to reduce fixed costs

May 29, 2020    OEM

The draft plan's objective is to reduce fixed costs by more than 2 billion euros over 3 years and aims to restore the Group's competitiveness and ensure its long-term development within the framework of the Alliance.

Nissan unveils transformation plan to prioritise sustainable growth

May 29, 2020    OEM

Nissan Motor Co., Ltd. unveiled a four-year plan to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023. The scalable plan, involving cost-rationalisation and business optimisation, will shift the company’s strategy from its past focus on inflated expansion.

Volkswagen Group Components presents the SPEED+ Awards

May 29, 2020    OEM

For the third consecutive year, Volkswagen Group Components awarded the Speed+ Award to its best performing plants. Thomas Schmall, CEO of Volkswagen Group Components, presented the coveted awards from the international and cross-brand competition for efficiency for the first time in an online event.

Webasto supplies soft top for Volkswagen T-Roc Cabriolet

May 28, 2020    Tier Suppliers

Webasto, world market leader for roof systems, supplies the soft top for the first CUV convertible from Volkswagen. In the convertible version, the T-Roc combines the advantages of a compact crossover, such as a raised seating position with the special open-air driving experience. A mix that is very popular in the market, as a customer study conducted by Webasto has shown.

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