European Union antitrust regulators raided French car parts maker Faurecia, U.S.-based supplier Tenneco, and several auto exhaust systems makers in the latest crackdown against suspected price-fixing in the global auto industry.
Leoni says CEO Probst will leave in June 2015
German supplier Leoni said today that CEO Klaus Probst will leave the company at his own request at the end of June 2015.
The supervisory board will pick his successor, who will be tasked with executing the company’s new strategy, early next year, Leoni added in a statement.
PSA Peugeot Citroën partnering with IBM on “Connected Services” for automobiles
PSA Peugeot Citroën plans to use IBM Big Data and Analytics and IBM MobileFirst solutions to launch new customized services for connected vehicles. The two companies are working together to integrate the massive amounts of data from cars, phones, traffic signals, lights and other sources and analyze it in real-time for delivery.
Renault will revive Alpine brand alone after ending Caterham tie-up
Renault will revive its Alpine brand on its own after ending a partnership with UK specialist sports car maker Caterham, reports said.
Renault and Caterham announced in November 2012 a 50-50 arrangement to design, develop and build sports cars. At the time, the companies said they planned to roll out the first vehicles by 2016.
Wärtsilä introduces new dual-fuel 46DF engine
Wärtsilä has introduced a new four-stroke, dual-fuel engine, the 46DF medium-speed engine. Compared to any other alternative currently available on the market its specific fuel consumption is lower, output is higher, and lifecycle costs are attractive, according to the company. The Wärtsilä 46DF extends Wärtsilä’s dual-fuel engine family by covering the power range from 6.2 MW to 18.3 MW at 600 rpm.
