Renault SA’s e.dams racing team defended its title to win the Formula E team championship, making it a three-peat winner in the three-year-old electric vehicle race series.
#Audi #BMW #PSAPeugeotCitroen
Bearings supplier Schaeffler Group has lowered its outlook for 2017, citing rising prices for steel and a surge in the cost of doing prototype work related to electrified powertrains.
#Continental #Schaeffler #ZF
Opel CEO Karl-Thomas Neumann has resigned ahead of General Motors Co.’s sale of the company to PSA Group. He is expected to be named CEO of Volkswagen AG’s Audi car unit.
#Opel #PSAPeugeotCitroen #Continental
Schaeffler AG has completed a $36.5 million expansion of its Fort Mill, SC, campus as it continues to increase production of thrust bearings used in automatic transmissions.
#facilities #Schaeffler #GeneralMotors
If you have any question about the almost certain inevitability of 48-volt electrical architecture in vehicles to facilitate the creation of mild hybrids for fuel economy and the utilization of electric superchargers for improved performance, then the number of companies that are pursuing these technologies ought to be an answer.
#oem #Mahle #Schaeffler
Audi AG says it will “intensify” its role in the ABT Schaeffler Audi Sport team over the next two seasons of the Formula E electric car series, culminating in a “factory-backed” program starting late next year.
#Renault #PSAPeugeotCitroen #Schaeffler