Post Tagged with: "research and development"

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Volvo and Geely open new R&D Centre

Volvo and Geely open new R&D Centre

Not so long ago, Geely announced it would use in the future technology and car platforms developed by Volvo for its own products, and now a new step towards that goal has just completed: a new research center in Gothenburg has begun operations. The new Gothenburg R&D Centre will have […]

Canada extends investment fund for auto industry for another 5 years

Canada extends investment fund for auto industry for another 5 years

Canada’s Prime Minister Stephen Harper announced the renewal of funding for the Canadian auto industry totaling 250 million Canadian dollars. The Automotive Innovation Fund allows manufacturers to apply for funding for specific research and development projects, provided that carmakers also help fund the projects. First established in 2008, the program […]

Mahindra launches new R&D centre in Pune – India

Mahindra launches new R&D centre in Pune – India

Mahindra & Mahindra Limited, India’s largest carmaker today inaugurated its two-wheeler research and development centre at Pune – India. The company has invested Rs.100 crore in setting up the R&D facility for its two-wheeler business. The Pune research and development centre was inaugurated by Anand Mahindra and is the third […]

Mercedes to reduce over €1.5bn annually

Mercedes to reduce over €1.5bn annually

Mercedes Benz, the German luxury automaker plans to take out billions in costs every year by reducing the number of vehicle platforms and using more common parts across segments, Thomas Weber – Mercedes research chief said. “We expect a reduction in costs of more than 1.5 billion euros ($1.94 billion) […]

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Caterpillar to expand its R&D department in China

Caterpillar to expand its R&D department in China

Caterpillar, the world’s largest heavy machinery maker, on Wednesday said it plans to expand the company’s multi-functional research and development or R&D center in Wuxi, China. The Wuxi center currently has more than 500 engineers and support staff developing a variety of new products tailored to the demands of Caterpillar’s […]

BMW and GM to collaborate on fuel cells

BMW and GM to collaborate on fuel cells

Luxury automaker BMW and General Motors plan to cooperate on the development of fuel cell technology, the German business newspaper Wirtschaftswoche reported. According to the same source, the Germans will get access to GM’s fuel-cell technology and in return will help cover research and development costs. The two carmakers plan […]

BMW and Toyota to cooperate on EV batteries

BMW and Toyota to cooperate on EV batteries

BMW and Toyota are reportedly planning to cooperate on research into lithium-ion batteries for electric cars, an inside source told Reuters on Tuesday. The news comes shortly after reports on Friday about a partnership on „green” vehicles, with BMW expected to provide Toyota with diesel engines. The two carmakers are […]

Peugeot to cut almost 5000 jobs in France

Peugeot to cut almost 5000 jobs in France

Peugeot Citroen, France largest carmaker, on Tuesday announced that the company will cut 5000 jobs mostly in France next year as part of a wide-ranging cost-cutting plan. According to France Press, 1000 of those impacted will be workers in research and development areas. “The group’s international development can’t be carried […]

Bentley gets £3m government grant for R&D

Bentley gets £3m government grant for R&D

Bentley Motors, the third largest R&D investor in the UK’s automotive sector, on Monday has received confirmation of a conditional grant allocation of £3 million from the Department for Business Regional Growth Fund (RGF). This is the second time when Bentley received money from the Government’s RGF. Last time the […]

Pirelli pushing to improve hard tyre – F1

Pirelli pushing to improve hard tyre – F1

(Inautonews.com/GMM) F1 teams will test an evolution of Pirelli’s ‘hard’ tyre compound in Turkey on Friday. The sport’s official supplier, worried in particular about Istanbul Park’s awesome Turn 8, tested an ultra-hard tyre at the circuit recently but ultimately decided to take its regular hard tyre to the race this […]