News Article | December 7, 2016
The new Catella Market Tracker of winning European logistics regions was launched today. The conclusion is that Catella expects Greater London in the UK, Oslo og Akershus in Norway, Île-de-France in France, Catalonia in Spain, and Hovedstaden in Denmark to offer real estate investors the greatest potential in the coming years. The Market Tracker includes a European-based scoring model with 107 logistics regions compiled by Catella for the first time. "The European logistics map illustrates once again that it is regions and agglomerations that make up the dynamic competition in this sector, not countries," says Dr Thomas Beyerle, Head of Group Research at Catella. Catella concludes that the following regions will have the greatest potential in terms of socioeconomic, property-related and infrastructural factors, which were all evaluated in the analysis. A high-scoring value clearly correlates with the prime yield in the highest-scoring regions. The lowest yields can be found in London (4.25%), with Oslo og Akershus in second place (5.75%), and Île-de-France in third. Catalonia (6.00%) and Hovedstaden (7.00%) also demonstrate an attractive risk profile. The German logistics regions of Hamburg, Duisburg/ Niederrhein, Rhein-Main and Berlin/Brandenburg (Positions 6–9) are all at 5.00%, and reflect the currently high demand from investors. "The current discussions surrounding Brexit are causing a lot of insecurity in this industrial sector. With Noord-Holland (Amsterdam), Zuid-Holland (Rotterdam), Haute-Normandie/Île-de-France and Hamburg, potential competition from continental Europe stands at the ready," says Dr Thomas Beyerle. The "Logistics regions in Europe – combining dynamism, competitiveness and high-quality locations" Market Tracker is available at catella.com/research. For more information, please contact: Dr. Thomas Beyerle Head of Group Research +49 69 310 19 30 220 firstname.lastname@example.org This information was brought to you by Cision http://news.cision.com http://news.cision.com/catella---corporate-finance/r/catella--london-is-a-winner-in-european-logistics-location-ranking,c2138727 The following files are available for download:
News Article | March 2, 2017
The latest annual residential map from Catella, covering analysis of 80 German residential markets, continues to show a largely positive picture. Demand will exceed supply going forward, and price effects are a result of shortages, land price increases and rising rent expectations. The sharpest increase in rents during the past twelve months was in the "very good residential areas in the seven A locations" category, at 12%. This was followed by the "very good residential areas throughout Germany" category, at 7%. Average prices in the very good residential areas of the top 7 locations exceeded the EUR 15/m² mark for the first time, and at a nationwide level average prices in very good residential areas of the 80 towns and cities analysed are now higher than EUR 10/m². "This change is clear evidence that demand combined with rising rents is a development which is concentrated primarily to the very good residential areas in Germany. Rents have also gone up in mid-range residential areas, but the increase has been nowhere near as sharp," explains Dr. Thomas Beyerle, Head of Group Research at Catella. With an average of EUR 21/m², Munich currently leads the field for rents in very good residential areas, while the lowest recorded figure in this category is in Remscheid at EUR 7/m². Recklinghausen is bottom of the table in the "mid-range residential areas" category, at EUR 6/m², while Munich recorded the highest value in this category as well, at EUR 17/m². With an average top yield of 5.1%, compared with 5.5% in 2016, this figure is approaching the 5% mark for the first time since 1990, which is evident in the very strong investor interest in A locations and very good residential areas. Leading the way in the A locations is Munich, with a top yield of 3.2%. The highest recorded figure is in Herne (8.0%), followed by Cottbus (7.9%) and Hamm (6.9%). The complete Catella map "Investment location Germany 2017 – Residential – rents and yields" is now available at catella.com/research. For more information, please contact: This information was brought to you by Cision http://news.cision.com http://news.cision.com/catella---corporate-finance/r/catella--increasing-multiples-and-rising-rents-in-urban-centres-make-german-residential-markets-attr,c2202815 The following files are available for download:
News Article | February 15, 2017
The new office map from Catella shows the positive economic situation of the German office market at 76 locations. While prime rents have increased almost everywhere, the attractiveness of prime objects can be seen in the continuously decreasing yields – from first tier to fourth tier. "The strongest increase of rents in the German office market is found in second-tier locations, with an increase of 5.3% compared to last year, followed by the first tier. Frankfurt is currently the frontrunner for rents, with EUR 39.00 /square metre. For the first time ever, the EUR 10.00 /square metre level for prime rents was exceeded in the fourth tier, with EUR 10.25 /square metre (compared to EUR 9.98/square metre at the end of 2015), which shows the sound economic situation in all regions," says Dr. Thomas Beyerle, Head of Group Research at Catella. With an average prime yield of 3.67% (down 53 basis points compared to 2015), the first-tier category fell below the 4% level for the first time. The average yield difference between first-tier and second-tier locations (currently 179 basis points) became even larger in 2016, and is evident in the high valuation of first-tier properties. "On the other hand, investors are proceeding with a more balanced understanding of the risk-to-yield ratio and are relying on a sustainable cash flow, with Munich as the frontrunner at 3.3%," says Dr. Thomas Beyerle. When analysing the differences between location categories from first to fourth tier from a strictly geographical perspective, it becomes clear that average yields of between 3.67% (first tier) and 7.02% (fourth tier) are in accordance with the course of the yield-risk profile for 2017. At third- and fourth-tier locations, however, no outstanding investment activities can be found, despite attractive yields and many market studies, according to analysts. "We expect a large increase in the number of transactions in this segment in the coming months. The increasing desire of owners to exit is up against certain yield attractiveness for investors," according to Beyerle. The complete Catella map "Investment location Germany 2017, Office – rents and yields" is now available at catella.com/research. For more information, please contact: This information was brought to you by Cision http://news.cision.com http://news.cision.com/catella---corporate-finance/r/catella--german-office-markets-continue-to-impress-in-2017,c2189051 The following files are available for download:
News Article | December 6, 2016
Branchenweit anerkannter Technologiespezialist wird bei Visteon die Weiterentwicklung von ADAS-Controllern und -Plattformen leiten. VAN BUREN TOWNSHIP, Michigan, 6. Dezember 2016 /PRNewswire/ -- Die Visteon Corporation (NYSE: VC), der führende Automobilhersteller von Cockpitelektronik, hat Matthias Schulze die Entwicklungsleitung für Fahrerassistenzsysteme (ADAS, Advanced Driver Assistance System) der nächsten Generation einschließlich eines neuen zentralisierten Ansatzes für Domain-Controller- und Plattformentwicklung übertragen. Matthias Schulze wird im Visteon Technologiezentrum in Karlsruhe, Deutschland, tätig sein und an Chief Technology Officer Markus Schupfner berichten. Seine neue Position bei Visteon wird Schulze im Januar 2017 antreten. Zurzeit ist Matthias Schulze bei der Daimler AG beschäftigt, wo er die Aktivitäten des Automobilherstellers in den Bereichen Group Research und Advanced Engineering in der Umgebungswahrnehmung leitet und für die Entwicklung von ADAS-Systemen sowie für die Bereiche autonomes Fahren und Fahrzeugkommunikation verantwortlich ist. Mit über 20 Jahren Erfahrung in der Entwicklung fortschrittlicher Technologien ist Schulze ein anerkannter Technologie-Experte mit hervorragenden Verbindungen zu globalen ADAS und ITS (Intelligent Transport) Gemeinschaften, internationalen Konsortien und akademischen Institutionen sowie Forschungs- und Entwicklungszentren führender Automobilhersteller und Zulieferer. „Visteon hat sich die Entwicklung von branchenführenden Lösungen für autonomes Fahren und ADAS zum Ziel gesetzt. Wir freuen uns, dass Matthias Schulze mit seinen Qualifikationen diese Initiative leitet", so Sachin Lawande, President und CEO bei Visteon. „Matthias besitzt herausragende Kenntnisse und Fähigkeiten zur Entwicklung von ADAS-Technologien. Mit seiner einzigartigen Reputation als anerkannter Experte auf diesem Gebiet wird er dazu beitragen, Visteon als führenden Anbieter von Lösungen für das autonome Fahren zu etablieren." Schulze ist der jüngste Neuzugang im Team führender Technologie-Experten des von Visteon neu gegründeten Chief Technology Office (CTO), das von Markus Schupfner geleitet wird. Das CTO ist für die Entwicklung branchenführender ADAS-Systeme und Lösungen für autonomes Fahren verantwortlich, die auf dem Ansatz eines einzigartigen zentralen Domain-Controllers basieren und sich auf künstliche Intelligenz sowie Objekterkennung und -klassifizierung durch Maschinen stützen. „Ich freue mich sehr, Matthias bei Visteon begrüßen zu dürfen", sagte Schupfner. „Mit seinen Erfolgen bei der Markteinführung neuer Technologien ist er eine hervorragende Ergänzung unseres Teams, das an der Umsetzung unseres Technologie-Fahrplans arbeitet, um durch ADAS-Anwendungen autonomes Fahren Realität werden zu lassen." Schulze besitzt einen Universitätsabschluss in Maschinenbau, erworben an der Universität Karlsruhe, Deutschland, und einen Abschluss für Betriebswirtschaft, den er am Institut für betriebswirtschaftliche Weiterbildung in Würzburg, Deutschland, erlangt hat. Visteon ist ein globales Unternehmen, das für die meisten der weltweit führenden Automobilhersteller innovative Cockpit-Elektronikprodukte und Lösungen für vernetzte Autos entwickelt und produziert. Visteon ist ein führender Anbieter von Kombi-Instrumenten, Head-Up-Displays, Informationsanzeigen, Infotainment- und Audio-Systemen sowie Telematiklösungen und SmartCore™ Cockpit-Domänencontrollern. Darüber hinaus liefert Visteon eingebettete Softwarelösungen für die Konnektivität von Multimedia-Geräten und Smartphones für die globale Automobilindustrie. Der Hauptsitz des Unternehmens, das an über 40 Standorten in 18 Ländern zirka 10.000 Mitarbeiter beschäftigt, befindet sich in Van Buren Township im US-Bundesstaat Michigan. Visteon erzielte 2015 einen Umsatz von 3,25 Milliarden USD. Weitere Informationen erhalten Sie auf unserer Website www.visteon.com.
News Article | October 30, 2016
« Québec moves forward with a zero-emission vehicle standard | Main | JILA team identifies missing piece in how fossil fuel combustion contributes to air pollution » Following the launch of the new Mercedes-Benz four-cylinder OM 654 diesel engine in spring 2016 in the E 220d (earlier post), 2017 will see the addition of four more members to the all-new family of engines: six-cylinder in-line engines in both diesel (OM 656) and gasoline (M 256) versions; a new four-cylinder gasoline engine (M 264); and a new biturbo V8 (M 176) with cylinder deactivation. Mercedes-Benz is investing a total of around €3 billion (US$3.3 billion) in its strategic engine initiative. The scaling of state-of-the-art technologies and electrification options from 12 V to 48 V to high-voltage plug-in applications makes it possible to configure the appropriate powertrain for every vehicle. There will be world premieres for new advanced technologies, such as the Integrated Starter-Alternator (ISG); the 48 V electrical system; and the electric auxiliary compressor (eZV). These new technologies are tuned to the vehicles on state-of-the-art test rigs at the equally new Powertrain Integration center (AIZ) in Sindelfingen. Systematic electrification: new M 256. The new six-cylinder in-line gasoline engine M 256 features a 48 V electrical system. New, intelligent turbocharging, e.g. with an electric auxiliary compressor (eZV), as well as an Integrated Starter-Alternator (ISG) provide excellent drivability with no turbo lag. The new six-cylinder in-line engine comes with an intelligent form of turbocharging: assisted by the ISG at start-off, the electric auxiliary compressor (eZV) guarantees immediate high torque when driving off and accelerating, bridging the time before the large exhaust turbocharger cuts in. The electric turbocharger accelerates to 70,000 rpm within 300 milliseconds, ensuring an extremely spontaneous reaction from the engine. The result is a dynamic engine response with no turbo lag. The M 256 is the first member of a new family of premium gasoline engines that have for the first time been systematically designed for electrification from the outset. The 48 V electrical system serves not only high power consumers, such as the water pump and air-conditioning compressor, but also the Integrated Starter-Alternator (ISG), which also supplies energy to the battery by means of highly efficient energy recovery. The ISG dispenses with the need for a belt drive for these components. This not only reduces the overall length of the engine and its complexity, but also paves the way for new, efficient control possibilities. The still existing 12 V system supplies power to consumers such as lights, cockpit, infotainment and control units. The ISG is a key component of the 48 V system and not only serves as an alternator, but is also responsible for hybrid functions. This allows fuel savings that were previously reserved for high-voltage hybrid technology. For the first time, the ISG is also responsible for idle speed control. The hybrid functions include: Another feature of the new family of premium gasoline engines is near-engine exhaust aftertreatment. The as-standard particulate filter is the only part of the exhaust system that is under the floor. An additional bonus is the refinement of the six-cylinder in-line engine. Output and torque are similar to the current eight-cylinder engine, i.e. more than 300 kW (408 hp) and more than 500 N·m. In comparison with the previous V6, the CO emissions from the engine have been reduced by around 15%. At 500 cc, the new machine has the same displacement per cylinder as the premium diesel engine family unveiled last year as well as the family of four-cylinder gasoline engines. The M 256 is produced at the Untertürkheim plant; it launches next year in the new S-Class. Most powerful passenger-car diesel engine: OM 656. The new top-of-the-line engine in the premium diesel family is likewise a six-cylinder in-line machine. The characteristics of the OM 656 include the stepped-bowl combustion process introduced with the OM 654, two-stage exhaust turbocharging and, for the first time, the use of CAMTRONIC variable valve timing. The stepped-bowl combustion process is named after the shape of the combustion bowl in the piston. The stepped bowl has a positive effect on the combustion process, the thermal loading of critical areas of the pistons and the introduction of soot into the engine oil. The efficiency is increased by the higher burning rate in comparison with the previous omega combustion bowl. The characteristic feature of the specifically configured combination of bowl shape, air movement and injector is its very efficient utilisation of air, which allows operation with very high air surplus. This means that particulate emissions can be reduced to an especially low level. A special feature of the family of premium diesel engines is the combination of steel pistons with an all-aluminum engine block. The lower expansion of steel as operating temperatures rise ensures an increasing clearance between piston and aluminum block, thereby reducing the friction by 40 to 50%. At the same time, the fact that steel is stronger than aluminum allows very compact, lightweight pistons that even offer additional strength reserves. Finally, the lower thermal conductivity of steel leads to higher component temperatures, thereby improving the thermodynamic efficiency, increasing combustibility and reducing combustion duration. The combination of innovative steel pistons and the optimized piston ring package with the further-improved NANOSLIDE coating of the cylinder walls results in benefits in terms of fuel consumption and CO emissions, especially in the lower and medium engine-speed ranges, which are of relevance for day-to-day vehicle use. Although there is a significant increase in output compared with the previous OM 642 (more than 230 kW/313 hp instead of 190 kW/258 hp), the new engine consumes more than 7% less fuel. The new diesel engine is designed to meet future emissions legislation (RDE – Real Driving Emissions). All the components of relevance for efficient emissions reduction are installed directly on the engine. Supported by insulation measures and improved catalyst coatings, there is no need for engine temperature management during cold starting or at low load. In addition to the advantages in terms of emissions, this results in fuel savings, especially on short journeys. Thanks to the near-engine configuration, exhaust aftertreatment has a low heat loss and extremely favorable operating conditions. This is reinforced by the CAMTRONIC switchable exhaust camshaft, which supports the consumption-neutral heating of the exhaust system. The new engine is equipped with multi-way exhaust gas recirculation (EGR). It combines cooled high-pressure and low-pressure EGR. This makes it possible to significantly further reduce the untreated emissions from the engine across the entire engine map, with the center of combustion being favorable for fuel economy. New four-cylinder gasoline engine M 264. With a specific output of around 100 kW:, the new Toptype 2.0 liter gasoline engine from Mercedes-Benz advances into output regions previously reserved for high-displacement six-cylinder machines. At the same time, it consumes significantly less fuel than a comparable six-cylinder engine. The engine's special features include twin-scroll turbochargers, belt-driven 48 V starter-alternator (BSA) and electric 48 V water pump. The BSA is also responsible for fuel-saving hybrid functions: In the interests of high power output and a spontaneous engine response, Mercedes-Benz opted for twin-scroll turbocharging. Unlike conventional systems, a twin-scroll turbocharger merges the exhaust gas ducts of cylinder pairs in the flow-optimized manifold. This turbocharging concept with systematic cylinder flow separation produces high torque in the low-rpm range together with high specific output. Further efficiency measures include intake CAMTRONIC and a friction loss reduction package. At the very top of the list of requirements for developers were comfort and NVH (noise, vibration, harshness). Plastic engine mounts and the BSA contribute to exemplary refinement, as do numerous insulation measures. These include insulation of the engine block and extensive covering of the engine with an acoustic insert as well as further NVH optimisation in relation to the injection hydraulics. To guarantee excellent exhaust emissions, use is made of tried-and-tested piezo injectors with good mixture preparation, a further-improved combustion chamber and a particulate filter for gasoline engines. New V8 biturbo gasoline engine M 176. The new biturbo is one of the most economical V8 gasoline engines in the world. Its special features include cylinder shutoff at part load as well as the positioning of the turbochargers in the V between the cylinder banks. From its 3982 cc displacement, the new V8 biturbo produces more than 350 kW (476 hp) with a maximum torque of around 700 Nm from 2000 rpm. The new engine will consume more than 10% less fuel than its predecessor, which is rated at 335 kW (455 hp). The new V8 will launch with this technology next year in the new S-Class. For even lower fuel consumption, when operated at part load the new M 176 shuts off four cylinders simultaneously by means of CAMTRONIC valve timing. This reduces the pumping losses while improving the overall efficiency of the remaining four cylinders by shifting the operating point towards higher loads. The cylinders are turned on and off by the interplay between engine control and actuators on the cylinder head. The switchover to four-cylinder operation is accomplished by eight actuators that act on the axially movable cam parts of the intake and exhaust camshafts via a selector. These cam parts are held on the carrier shaft by gears and are locked in the respective end positions by means of a locking mechanism. The intake and exhaust valves of cylinders 2, 3, 5 and 8 do not open due to the zero-lift cams of the cam parts. At the same time, the fuel supply and ignition are deactivated, so that no unburned mixture is left in the deactivated combustion chamber. Cylinder shutoff is active in the engine-speed range between 900 and 3250 rpm, provided the driver has selected mode C or E with the DYNAMIC SELECT switch. Cylinder shutoff is inactive in all other transmission modes. As soon as the driver requests higher engine power via the position of the accelerator or as soon as the engine speed goes above 3250 rpm, cylinders 2, 3, 5 and 8 are reinstated within a matter of milliseconds. The transition between the two operating modes is seamless and with no loss of comfort for the occupants. The main menu in the instrument cluster shows whether the engine is currently in four- or eight-cylinder mode. The new V8 biturbo employs a centrifugal pendulum to reduce both the fourth-order vibrations in eight-cylinder mode as well as the second-order vibrations in four-cylinder mode. A combination of biturbocharging and direct gasoline injection with spray-guided combustion increases the thermodynamic efficiency, thereby reducing the fuel consumption and exhaust emissions. Particularly fast and precise piezo injectors spray the fuel at high pressure into the eight combustion chambers. Multiple injection occurs on-demand, ensuring a homogeneous fuel/air mixture. The delivery of fuel is electronically controlled and fully variable for a fuel pressure between 100 and 200 bar. The engine is of closed-deck construction—i.e., the engine block cover plate is extensively closed in the area around the cylinders. The engine block is of an aluminum alloy and produced by permanent mould casting. This ensures extreme strength while keeping the weight as low as possible, and allows high injection pressures of up to 140 bar. The further-improved NANOSLIDE coating of the cylinder liners reduces the friction loss while contributing to excellent efficiency. The cylinder head uses an aluminum-zirconium alloy, which is a better conductor of heat than the standard aluminum alloy. “Spectacle honing” is another measure for reducing the friction and therefore consumption: in this complex process, the cylinder liners receive their mechanical surface treatment when already bolted in place. A jig resembling spectacles is bolted to the engine block in place of the cylinder head, which is mounted later. The honing of the engine block already produces the same state of stress as when the cylinder heads are mounted. For this reason, the tension of the piston rings can be reduced, which leads to a further reduction in friction loss and lower oil consumption. For an exceptional engine response and low exhaust emissions, the two turbochargers are positioned not on the outside of the cylinder banks, but between them in the “V” – experts call this the “hot inside V”. In the interests of thermal protection for the engine components, the manifolds and exhaust turbochargers are specially insulated. The efficiency-raising measures include the low-friction drive of alternator and refrigerant compressor by means of two short four-groove belts. The water pump is chain-driven by the timing assembly. A two-stage feedback-controlled oil pump circulates the engine oil. It varies the flow rate depending on the required load and engine speed, thereby helping to save fuel. The M 176 has exhaust aftertreatment with two catalysts directly mounted on the engine and on the underfloor. The as-standard particulate filter is part of the exhaust system under the floor. 48 V electrical system. The introduction of the new engine generation blurs the lines between gasoline and hybrid models. Looking to the future, all Mercedes-Benz passenger cars will be electrified, because the company is at the same time systematically advancing the development of the 48 V electrical system. The technology will be gradually rolled out in various model series, initially as a sub-system for the functions inside the engine compartment. The 48 V electrical system supplies four times the power of its 12 V predecessor at the same current, but does not require the additional safety architecture of a high-voltage system. This allows fuel savings that were previously the exclusive domain of high-voltage hybrid technology, for the key hybrid functions of “energy recovery” and “boost” can thus be made available without high-voltage components. The engineers also enjoy new freedoms with regard to the design of the operating strategies for the high-tech engine, with the result that it can be operated even more frequently in an area of the map that is favorable in terms of fuel consumption. There are also entirely new technologies, such as the electric auxiliary compressor (eZV), which is celebrating its premiere as part of the intelligent turbocharging of the new six-cylinder in-line gasoline engine (M 256). This compressor delivers charge-air pressure in fractions of a second, independently of engine speed and engine load. Connected in tandem with a large exhaust turbocharger, the eZV ensures a balanced engine response in all rpm ranges and eliminates the turbo lag. The integration of a 48 V electrical system also offers advantages for in-vehicle consumers, such as air conditioning, electric heating elements or extractor fan—these, too, could be operated at a higher voltage in future. The advantage is that the same power requires only a quarter of the current of a conventional system. This means that the wiring can be thinner and therefore lighter, which indirectly contributes to saving fuel. The 48 V electrical system also paves the way for the further expansion of infotainment and assistance systems. NANOSLIDE. Mercedes-Benz and Mercedes-AMG have been using the innovative NANOSLIDE (earlier post) coating in more and more engines over the past three years. This technology, which is protected by more 40 patents, will also help to save fuel in the new family of premium gasoline and diesel engines. NANOSLIDE is even used to reduce the internal friction in the latest Mercedes Formula One engine. An extremely thin, low-friction coating is applied to the inner surfaces of the cylinders in an aluminum engine block. As up to 25% of the energy in fuel is used to overcome in-engine friction, particularly at part load, fuel savings of several percent are attainable. Twin-wire arc spraying (TWAS) is used to apply an extremely thin coating based on an iron-carbon alloy to the inner surfaces of the cylinders in aluminum engine blocks. This produces a nano to ultra-fine, highly wear-resistant material structure with microporosity. This microporosity ensures effective lubrication in operation. It means that the heavy cast-iron liners measuring several millimeters in thickness can be replaced in aluminum cylinder blocks. The result is a mirror-smooth surface, with friction between piston, piston rings and cylinder wall reduced by up to 50% and weight savings of several kilograms. In 2015, the production process was changed and made even more environment-friendly. Previously, prior to coating, the cylinder contact surfaces had to be activated (“roughened”) using a high-pressure water jet (up to 3000 bar). The same effect is now achieved by means of a specially developed machining technique. With even wider application of the technology, this not only saves the company considerable sums of investment, but also reduces environmental pollution, with annual savings of around 10 million liters of water, about 10 tonnes of aluminum-containing slurry and around 900 MWh of electrical energy. Overall, the NANOSLIDE process reduces the use of cast iron by around 1000 tonnes and of aluminum by around 8000 tonnes per year. NANOSLIDE was developed by Mercedes-Benz and Gebr. Haller GmbH, a manufacturer of machine tools and complete production systems, which has industrialized all stages of the process for reliable worldwide application in series production. Particulate filter for gasoline engines as standard. Mercedes-Benz is the first manufacturer to opt for the large-scale use of particulate filters for gasoline engines to further improve their environmental compatibility. After more than two years of positive experience in the field with the S 500, in 2017 further S-Class variants will be equipped with the new M 256 and M 176 gasoline engines with this technology. The filter will then be gradually introduced in other new vehicle models, facelifted models and new engine generations, such as the M 264. The particulate filter for gasoline engines reduces the emissions of fine soot particles. The exhaust-gas stream is supplied to a particulate filter system. The filter has a honeycomb structure with alternately sealed inlet and outlet channels. This forces the exhaust gas to flow through a porous filter wall, which traps the soot. The filter can be continuously regenerated under corresponding driving conditions. New Powertrain Integration center (AIZ). With its new Powertrain Integration center (AIZ), in summer 2016 Mercedes-Benz took into service one of the automotive industry’s most advanced test facilities. A total of ten vehicle test rigs inside the all-new state-of-the-art building in Sindelfingen are used for such purposes as the fine tuning of engine and transmission—comfort, dynamics and agility are matched to each other. The highlights include test rigs with high-precision torque measurement directly at the wheels of the vehicle as well as a test rig with a climatic altitude chamber, which uses partial vacuum to simulate an altitude of up to 5000 meters at temperatures of down to -30°C, while the vehicle operates fully automatically on a chassis dynamometer. The new Powertrain Integration center is part of extensive additions and conversions to the Mercedes-Benz Technology center (MTC) in Sindelfingen. The new driving simulator, climatic wind tunnels and a high-tech aero-acoustic wind tunnel are already in operation. By 2018, there will also be a state-of-the-art technology center for vehicle safety, an electronics testing center and a computer center. Housed on the upper floor of the AIZ, the computer center will directly use the electricity generated downstairs on the test rigs in order to operate and cool the computers. The MTC is home to the headquarters of the company’s global Group Research and passenger car development, including design.
News Article | December 17, 2015
« German KBA ratifies fixes for Volkswagen 1.2, 1.6 and 2.0L diesels; implementation begins in January | Main | $12B EV deal: NEVS to provide Panda with 150K 9-3 EVs through 2020, 100K other EV products and services » The Volkswagen Group is continuing its restructuring in the aftermath of the diesel engine emissions scandal. The number of top managers reporting directly to the CEO has been almost halved, and new appointments to several posts will take effect in the first quarter of 2016. hese structural changes speed up the decision-making process, reduce complexity and increase efficiency. The Group Board of Management can focus more closely than previously on overarching issues of the future, safeguard cross-brand synergies and further develop overall strategy. We are focusing in particular on the technological changes that impact the future of mobility—from electrification to the digital transformation. Our goal is to play a decisive role in shaping the transformation of the automobile. Our new lean structure will enable us to develop the considerable potential of our Company, its brands and employees to great effect. We will see faster decision-making and more efficient action. Under these structural changes, the following appointments take effect in the CEO's area of responsibility during the first quarter of 2016: Dr. Ulrich Eichhorn will lead Group Research and Development. Eichhorn holds a PhD in mechanical engineering. Having started his career at Ford, he was Head of Volkswagen Group Research from 2000 to 2003. He was appointed Board Member for Engineering at Bentley in 2003 before taking over as Managing Director of the German Association of the Automotive Industry in 2012. Michael Mauer will lead Group Design in addition to his present function at Porsche. Mauer studied vehicle design and began his career at Mercedes-Benz in 1986, holding various functions until 2000, including design responsibility for the A-Class, SLK and SL models as well as Smart design. He moved to Saab as Executive Director Design in 2000 and was also given responsibility for Advanced Design at General Motors Europe in 2003. He has been Head of the Design Department at Porsche AG since 2004 and was also given responsibility for styling the 2007 Porsche Cayenne, the Panamera and the 918 Spyder. Ralf-Gerhard Willner will lead Group Product and Modular Toolkit Strategy. Willner is a trained toolmaker and holds a degree in automotive engineering. He began his career at Audi in Ingolstadt in 1987. Following various management functions at Audi and Volkswagen, he was named Head of Development Vehicle Concepts at Audi in Ingolstadt in 2003, assuming responsibility for the same task at Volkswagen Passenger Cars in 2007 before becoming Technical Director at Italdesign Giugiaro in 2010 and returning to Audi AG as Head of Vehicle Concepts in 2013. Wolfram Thomas takes charge of Group Production. Thomas holds an engineering degree and has been with the Volkswagen Group for 35 years. Following various management functions at Volkswagen, SEAT and Volkswagen Commercial Vehicles, Thomas became manager of Volkswagen’s Kassel plant in 1998. He was appointed Executive Vice-President of Production at SEAT in 2002, becoming Deputy President of the brand in 2009, and was subsequently named Group Chief Officer for the Environment, Energy and New Business Areas in 2012. Fred Kappler will assume responsibility for Group Sales. He studied business science and joined Volkswagen as a trainee in 1982. He held various responsibilities in the export section of Sales at Volkswagen AG from 1983. He was given responsibility for sales in North-West Europe at the Volkswagen brand from 1995. He moved to China as First Vice President and CFO of FAW-Volkswagen in 1997. He became Head of Sales Germany for the Volkswagen brand in 2000, Board Member for Sales at Škoda Auto in 2004, Head of Sales Volkswagen Genuine Parts in 2009, and Head of Group Services in 2011.
News Article | February 16, 2017
One of the best things about Lego is the world of possibilities it opens. You can follow the instructions and build accurate cars and monuments, or you can let your imagination run wild and turn that average vehicle into something much more exciting. That's exactly what the team at BMW has done with its R1200 GS Adventure motorbike, creating the Hover Ride from tiny bricks before handing it over to the production team to give it life. The R1200 GS has only been available as a Lego kit since the start of January this year, but the creative team at BMW has already completely taken it apart and turned it into a much wilder machine. Whereas the R1200 kit faithfully recreates the real-world bike, right down to its complex suspension and horizontally-opposed engine, the Lego Technic Hover Ride uses the same 603 pieces to envision a future where off-roaders don't need wheels. Although it wears a BMW badge, the Hover Ride wasn't penned through the usual design team in Munich. Instead, it was developed by Junior Company Munich, a unit where members of the company's training program come together to work on smaller projects. Trainees from the second, third and fourth year of their courses used the pieces of a full-size, production R1200 GS Adventure to build a life-sized (but non-functional) model of the Lego Hover Bike. Some of the parts from the bike have been repurposed for life in the air – the front wheel has been turned into a propellor, while the boxer engine remains in place. There's no word on what's actually powering the concept, nor any detail about what would make it float. Like the best Lego creations, we're going to assume there's a gleeful kid holding it in the air making vroom-vroom noises. The full-size model of the Hover Ride Concept will be shown in Copenhagen from the 16th of February. From there it will make its way around Denmark, before touring the BMW Group Research and Innovation Center and other BMW sites in Munich. Those unable to see the model in person can also build it as part of the R1200 GS Adventure Lego kit.
News Article | November 3, 2016
Register with us now for your free membership and gain access to our latest reports at: www.rdinvesting.com/subscribe-today/. Get Your Up-To-Date Potash Corp. of Sask. Research Report at www.rdinvesting.com/company/POT. Potash Corp. of Sask.'s shares increased 1.07 percent to close at C$21.67 a share Wednesday. The stock traded between C$21.46 and C$21.82 on volume of 1.79 million shares traded. The company reported record potash sales volumes of 2.5 million tonnes for the third quarter of 2016, which was 16 percent higher than the third quarter of 2015. The company's average realized potash price of $150 per tonne for the third quarter was down from $250 per tonne a year ago. Shares of Potash Corporation of Sask. have fallen approximately 8.6 percent year-to-date and are up roughly 1.5 percent in the past month. Get Your Up-To-Date Detour Gold Research Report at www.rdinvesting.com/company/DGC. Detour Gold shares fell 18.78 percent to close at C$21.23 a share Wednesday. The stock traded between C$20.77 and C$24.45 on volume of 4.93 million shares traded. The company reported revenues of $152.0 million on gold sales of 113,845 ounces at an average realized price of $1,281 per ounce in the third quarter of 2016. Detour estimates production to be between 525,000 and 545,000 ounces in 2017 from earlier estimate of 540,000 and 590,000 ounces. Shares of Detour Gold have gained approximately 47.3 percent year-to-date, but have fallen roughly 25.6 percent in the past month. Get Your Up-To-Date Aecon Group Research Report at www.rdinvesting.com/company/ARE. Aecon Group's shares fell 15.96 percent to close at C$14.38 a share Wednesday. The stock traded between C$14.30 and C$16.21 on volume of 2.83 million shares traded. The company reported revenues were C$838 million for the third quarter of 2016, a decrease of 4 percent when compared to revenues of C$875 million in the third quarter of 2015. Backlog as at Sept. 30, 2016, totaled C$4.6-billion. Shares of Aecon Group have fallen approximately 6.6 percent year-to-date and are down roughly 20.6 percent in the past month. Get Your Up-To-Date Sandvine Research Report at www.rdinvesting.com/company/SVC. Sandvine's shares increased 1.38 percent to close at C$2.94 a share Wednesday. The stock traded between C$2.87 and C$2.97 on volume of 554,807 shares traded. The company announced that it has received orders totaling over $6 million from a converged fixed/mobile communications service provider in its Europe, the Middle East and Africa sales region. Shares of Sandvine have fallen approximately 17.0 percent year-to-date and are up 0.68 percent in the past month. We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection. RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document. Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, a CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer. For any questions, inquiries, or comments reach out to us directly at: Address: Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011 Email: email@example.com CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
News Article | November 3, 2016
ATLANTA, GA--(Marketwired - Nov 3, 2016) - What does your foam pillow or mattress smell like? Although foam is the material of choice for comfort, It's a well known fact that memory foam has harmful petrochemical off-gassing; that polyurethane foam doesn't "breathe;" both create a breeding ground for smelly bacteria; and that natural rubber latex (NRL) foam has a distinctive smell when new. However, Vystar Corp.'s ( : VYST) Vytex® NRL foam is the exception. Bedding industry experts at the bedding section of the 2016 Consumer Electronics Show, Bedding Market Show and Highpoint Market Fall Show were amazed that Vytex is virtually odorless. Steve Rotman, president of NHS, the distributor of Vytex NRL foam, and CEO of Rotman's Furniture and Carpet, ranked #1 Independent Furniture and Mattress store in North America in 2015 by HFB (Home Furnishings Business Magazine), stated, "The smell of pillows and mattresses is critical because your nose is in close contact with them for approximately eight hours daily. All the major bedding retailers and manufacturers we have talked to are eager to finally have access to odor-free low-protein latex pillows and mattresses where you don't have to worry about latex allergies." With retailers reporting that approximately 30% of all foam pillows are returned due to unacceptable odor, an odor-free latex foam is a major development in a market where "in 2014, 26.4% of all households, a total of 30.7 million, made a pillow purchase."1 In 2014, there were $1.9 billion in sales of non-innerspring mattresses, which accounted for 30% of total mattress sales2. "Vytex has a proprietary patented process that removes virtually all of the naturally occurring rubber proteins that create the typical latex odor and cause allergic reactions in some individuals," stated William Doyle, Vystar CEO. "The result is an odor-free latex with the lowest levels of proteins of any latex -- undetectable using accepted protein ASTM testing methods." Products manufactured using Vytex foam versus regular NRL foam have the added advantage of being eco-friendly, stronger, and more evenly buoyant. Vytex foam is whiter and brighter while maintaining all the positive characteristics of natural rubber latex including excellent elasticity, breathability, biodegradability and resilience for a superior pillow and mattress. Before purchasing your next foam pillow or mattress, simply sniff. For a free sample of Vytex foam, please email firstname.lastname@example.org Vytex mattresses, pillows and toppers are available through the following retailers and wholesalers: Rotman's Furniture and Carpet; Gold Bond Brilliance® line retailers; and Bed Bath and Beyond: 12 Park Elm. Additional retailers are being added regularly. Visit www.Vytex.com for the current retail outlets. Sources: 1 The Retail Group Research Store, Putting Together the Utility Bedding Puzzle (http://furnituretodaystore.stores.yahoo.net/utilbeddpzzl.html) For details on Vytex licensing, deproteinization or purchase, contact email@example.com or (866) 674-5238, x1 About NHS Nature's Home Solutions, LLC (NHS), a Worcester, Mass.-based distribution company devoted to identifying and bringing to market innovative, high quality, certified sustainable, eco-friendly durable materials and components for use in the home furnishings, apparel, and other markets. For more information, contact firstname.lastname@example.org About Vystar Corporation Based in Atlanta, GA, Vystar® Corporation ( : VYST) is the exclusive creator of Vytex Natural Rubber Latex (NRL), a multi-patented, all-natural, raw material that contains significantly reduced levels of the proteins found in natural rubber latex and can be used in over 40,000 products. Vytex NRL is a 100% renewable resource, environmentally safe, "green" and fully biodegradable. Vystar is working with manufacturers across a broad range of consumer and medical products bringing Vytex NRL to market in adhesives, balloons, condoms, medical devices, mattresses, toppers, and pillows. For more information, visit www.vytex.com. Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements.
News Article | October 25, 2016
« Study finds ethanol blending appears to reduce significantly genotoxic emissions from gasoline direct injection vehicles | Main | Columbia team develops new prelithiation method to increase Li-ion battery energy density by 10-30% » Daimler subsidiary ACCUMOTIVE has begun construction of a second Li-ion battery factory at its site in Kamenz. With an investment of about €500 million (US$545 million), the site in Kamenz will be one of the biggest and most modern battery factories in Europe. The new production facility is planned to start operations in the middle of 2018. The area of about 20 hectares is located in immediate proximity of the existing battery factory in Kamenz, about 50 kilometers from Dresden. With the construction of the second facility, the production and logistics area will be quadrupled to about 80,000 square meters. The workforce will double by the end of this decade. By 2025, our passenger car product portfolio will contain more than ten fully electric vehicles. At the same time, we are continuously pushing our plug-in-hybrid offensive and the introduction of 48-volt-systems. Highly efficient battery systems are an important aspect of our strategy. They are an integral part of the vehicle architecture and not a ready-made product. The development, production and integration of those complex systems into our vehicles is one of our core competences. —Prof. Dr. Thomas Weber, Member of the Board of Management of Daimler AG, Group Research & Mercedes-Benz Cars Development Daimler already has a variety of electrified vehicles on the market and the product portfolio is set to grow continuously. At the Paris auto show, Mercedes-Benz presented its new product brand for electromobility, EQ. (earlier post), which will offer a comprehensive electromobile ecosystem consisting of products, services, technologies and innovations. Forerunner of the new brand is the “EQ”-Showcar that made its world debut in Paris. Series production of the EQ with a range of up to 500 kilometers (311 miles) will start within this decade in the SUV segment. A model offensive will follow subsequently, complementing the portfolio of Mercedes-Benz Cars with electrified models. ACCUMOTIVE will deliver the batteries for the first EQ production model. Daimler is investing a total of €1 billion (US$1.1 billion) into the global production of battery systems. We are building a global production compound for lithium-ion batteries. Kamenz will become the competence center of this compound. With the new battery factory, the flexible and efficient production network of Mercedes-Benz Cars deepens crucial know-how for the production of promising future technologies. This also strengthens our global competitiveness and puts us in a very good position concerning future mobility —Markus Schäfe, Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain Management The Kamenz site started producing Li-ion batteries for Mercedes-Benz and smart iin 2012, and recently added the production of stationary energy storage systems. The new plant will be constructed as a CO -neutral factory. Production facilities will be powered by a cogeneration unit and a photovoltaic system combined with stationary energy storage systems. Solar modules with the surface of two football fields will be installed on the rooftop of the new production building. This equals a capacity of 2 megawatts. The new battery factory will also be benchmark for Industry 4.0. In the future, Kamenz will produce lithium-ion batteries for all electrified vehicles of Mercedes-Benz and smart—including plug-in hybrids as well as fully electric vehicles. On top of that, Kamenz will produce batteries for stationary Mercedes-Benz energy storage units as well as 48-volt-systems. The 48-volt-system will gradually be integrated into different model ranges.