Items marked by the "PSA Group" tag:
Articles
According to unconfirmed reports, the Japanese company Nidec Corp expects to significantly increase its earnings over the next 5 years by strengthening its presence on the automotive market via significant investments into production of powertrain solutions for EVs and takeovers of businesses specialized in e-motor solutions.
Auto giants Fiat Chrysler and France's PSA Group have finally confirmed one of the most popular rumors of recent time and released the plan of a possible merger, which may give birth to the world's fourth-largest automaker. The joint company will be headquartered in the Netherlands.
Vitesco Technologies has entered into agreements with PSA Group and Hyundai to provide the 1-st 100%-integrated electric axle drive system for a variety of serially manufactured vehicles.
Punch Powertrain (PP), a major supplier of powertrain and transmission solutions for the auto industry, has chosen Jorge Solis, who previously who held senior positions at Wabco and Valeo, to a position of its new CEO. The job position became vacant last spring when long-term Punch CEO Cor van Otterloo passed away.
Last Monday the 3-rd ceremony of Automotive Innovation Awards (AIA) took place in the Netherlands. The Belgian company Punch Powertrain received an award in the "Technology" nomination for its innovative gearbox solution DT2. The award panel emphasized that the space-saving and modular structure of DT2 has a significant practical utility for automakers and end customers.
Recently, PSA Group and Punch Powertrain have made public their plans to enter into a joint venture (JV) agreement to manufacture the new electrified transmission (e-DCT). It is planed that the manufacturing process will be launched in 2022.
PSA Group accelerates its transition to hybrid and electric powertrains. Recently, it has transpired that Punch Powertrain will be the supplier of electrified gearbox solutions for vehicles of the French auto giant.
Recently, it has been revealed that PSA Group reached an agreement with Aisin AW to manufacture the EAT6 gearbox in France. Until recently, this transmission was produced by Aisin and imported from Japan, but the growing popularity of automatic gearboxes spurred PSA into action.