Ferrari names new leadership group to tackle electrification, digitalization problems

MILAN — Ferrari unveiled a new management staff to lead the automaker as it faces the troubles of embracing electrification and digitalization.

The business stated Ernesto Lasalandra will be its main investigate and advancement officer. Lasalandra has been hired from Franco-Italian chipmaker STMicroelectronics.

Angelo Pesci also joins Ferrari from STMicroelectronics. Pesci will be the automaker’s chief paying for and top quality officer.

The management shake-up is one of the to start with major moves of CEO Benedetto Vigna, who took on the function at the beginning of September, moving to Ferrari from STMicrolectronics.

Employing two executives from his former employer indicates Vigna is turning to reliable allies to support his turnaround of the auomaker that has been gradual to embrace new period of cleaner, silent and interconnected mobility.

“The new organizational framework will more foster innovation, enhance processes and maximize collaboration both equally internally and with partners,” Ferrari stated said in a statement on Monday

In other adjustments, Ferrari promoted internal candidates to new roles.

Silvia Gabrielli has been promoted to chief electronic and information officer. Gabrielli, who joined Ferrari in 2019 from Microsoft, will boost “the electronic transformation procedure all through the corporation, ensuring far more data driven and digitally centered procedures,” Ferrari mentioned.

Gianmaria Fulgenzi has been appointed main product growth officer. Fulgenzi has labored for Ferrari due to the fact 2002, keeping different senior roles in item progress and manufacturing.

Andrea Antichi results in being main manufacturing officer. Antichi was earlier head of car advancement and has labored for Ferrari given that 2006.

Ferrari last month stated 3 best executives were being leaving the firm, which include Chief Technologies Officer Michael Leiters. The other two executives who stepped down ended up main production officer Vincenzo Regazzoni and main brand diversification Officer Nicola Boari.

Quite a few divisions which include item advancement, electronic and info and compliance will now report immediately to Vigna.

Traders are keen to listen to about Vigna’s technique for the period of battery engineering and digital solutions. Ferrari ideas to share extra information on its programs through a money markets working day in June.

It will also begin product sales of its initially SUV, the Purosangue, this calendar year.

Reuters and Bloomberg contributed to this report

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Magna hires 120 engineers, acquires self-driving tech, from Boston AV enterprise Optimus Trip

Canadian supplier Magna Global Inc. struck a deal with Optimus Trip to hire extra than 120 of the Boston self-driving shuttle firm’s engineers and obtain its autonomous-motor vehicle technological innovation and intellectual property.

Terms ended up not disclosed in a statement introduced Tuesday.

Though Magna is not outright buying Optimus, the supplier has employed a bulk of its engineers as section of the transaction. A spokesperson for Magna reported the company despatched presents of work to extra than 140 “engineering-relevant employees,” with much more than 120 accepting.

The transaction usually means Optimus Ride has discontinued its professional things to do, which were being not component of the deal. The company experienced deployed autonomous shuttles in city, geofenced environments in Boston, New York, Virginia, California and Washington, D.C.

“Optimus Experience is not continuing those business routines, and they have been not element of the transition with Magna,” Optimus CEO Sean Harrington mentioned in an interview. “But the engineering crew and the fundamental technological know-how that we’ve developed — I am excited to see that get deployed in the context of Stage 2 and Amount 3 autonomy” at Magna.

Harrington claimed there were no “go-forward” options for Optimus Experience immediately after the transaction. The former Verizon government explained he would not be signing up for Magna and would get time to establish the future measures in his career.

The former Optimus engineers will keep on being in the Boston area, developing an “engineering centre and presence for Magna in a neighborhood loaded in engineering talent, foremost educational establishments and robotics,” Magna claimed in a information launch. The hires ended up helpful Jan. 1, according to the provider.

The hires occur as the business and suppliers these kinds of as Magna carry on to commit intensely in innovative driver-assist units and autonomous-driving know-how. Magna Electronics President John O’Hara claimed the addition of Optimus Ride’s engineers to its crew will assist to “speed up [its] path forward in a quickly growing ADAS industry.”

“As developments in autonomy carry on, we noticed an option to convey in supplemental abilities to assistance present-day packages as effectively as long term consumer requires,” he stated in a news launch.

Harrington explained Optimus Experience had formerly made a “pretty great relationship” with Magna, one particular that resulted in fruitful talks among the corporations in the latter 50 % of 2021.

“As a result of these discussions, it grew to become crystal clear that this was the best path forward for all stakeholders in the enterprise,” he reported.

Magna, primarily based near Toronto, ranks No. 4 on the Automotive Information listing of the top rated 100 worldwide suppliers, with around the world sales to automakers of $32.6 billion in 2020.

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Nutson’s Auto News Weekly Wrap-up



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AUTO CENTRAL CHICAGO – January 9, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending January 8, 2022; Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-digest news nuggets.

* General Motors has been the top-selling automaker in the United States since 1931. Toyota now holds the No. 1 spot in the U.S. market for 2021, selling 2.3 million vehicles to GM’s 2.2 million. This is largely due to the supply chain issues that crippled GM production for much of the year. But it’s more than that, as Reuters points out. GM has been diminishing itself by choice. The company largely abandoned the compact car segment, and cut production of midsize Malibu sedans to favor trucks during the worst of the chip shortage. Result: Toyota sold more than 729,000 passenger cars in the United States during 2021. GM sold about 162,000 cars. Toyota’s lead in cars overcame its deficit to GM in U.S. truck sales.

* Ford, Toyota, Honda, Hyundai, Kia all had sales declines in December. GM slid 43% in Q4. 2021 closed on a down note with total sales just over 15 million vehicles, up 3.4% from 2020, the year the pandemic took hold in the U.S.

* Tesla global sales is evidence of the rapidly rising acceptance of electric cars, especially in China. Tesla Inc. delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric-car maker and setting a capstone on a year in which the company joined the exclusive $1 trillion market valuation club. The better-than-expected results pushed Tesla’s total sales for the year to more than 936,000, up about 87% over 2020’s deliveries of just under half a million vehicles.

* More than 2200 exhibitors were planning to be at CES 2022 this week. However, overall, the show got scaled down due to concerns over the Covid Omnicon variant. In the automotive space, General Motors, BMW, Stellantis and Mercedes all canceled their physical presence. Fisker, BrightDrop, and Blink Charging still were at the show. The Chevrolet Silverado EV, Mercedes-Benz Vision EQXX concept and the 2023 BMW iX M60 were unveiled through online events during CES.

* At CES 2022, the Chrysler brand revealed the Chrysler Airflow Concept, giving a glimpse at the leading-edge drive-system technology, fully connected customer experiences and advanced mobility features, wrapped in inspiring, dynamic design, which will

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Ferrari names new leadership group to tackle electrification, digitalization challenges

MILAN — Ferrari unveiled a new management crew to lead the automaker as it faces the problems of embracing electrification and digitalization.

The organization mentioned Ernesto Lasalandra will be its chief investigate and development officer. Lasalandra has been employed from Franco-Italian chipmaker STMicroelectronics.

Angelo Pesci also joins Ferrari from STMicroelectronics. Pesci will be the automaker’s main paying for and excellent officer.

The leadership shake-up is a person of the initial significant moves of CEO Benedetto Vigna, who took on the purpose at the commencing of September, going to Ferrari from STMicrolectronics.

Choosing two executives from his previous employer implies Vigna is turning to dependable allies to support his turnaround of the automaker that has been sluggish to embrace new period of cleaner, silent and interconnected mobility.

“The new organizational composition will further foster innovation, optimize processes and enhance collaboration both internally and with associates,” Ferrari said claimed in a statement on Monday

In other modifications, Ferrari promoted internal candidates to new roles.

Silvia Gabrielli has been promoted to chief digital and facts officer. Gabrielli, who joined Ferrari in 2019 from Microsoft, will raise “the electronic transformation procedure in the course of the business, guaranteeing far more info pushed and digitally centered processes,” Ferrari reported.

Gianmaria Fulgenzi has been appointed chief solution growth officer. Fulgenzi has labored for Ferrari considering the fact that 2002, holding various senior roles in products progress and manufacturing.

Andrea Antichi gets chief producing officer. Antichi was beforehand head of motor vehicle enhancement and has labored for Ferrari since 2006.

Ferrari very last month explained a few prime executives were being leaving the firm, such as Main Technological innovation Officer Michael Leiters. The other two executives who stepped down ended up chief manufacturing officer Vincenzo Regazzoni and chief brand name diversification Officer Nicola Boari.

Numerous divisions including products growth, digital and facts and compliance will now report straight to Vigna.

Investors are eager to hear about Vigna’s technique for the era of battery technological innovation and electronic products and services. Ferrari strategies to share additional particulars on its programs all through a funds marketplaces day in June.

It will also start off gross sales of its first SUV, the Purosangue, this year.

Reuters and Bloomberg contributed to this report

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Volvo picks Jim Rowan as following CEO, replacing Hakan Samuelsson

STOCKHOLM — Volvo Cars and trucks has hired previous Dyson Team government Jim Rowan as its new CEO to succeed Hakan Samuelsson.

Rowan was Dyson’s CEO among 2017 and 2020 when the British tech company was acquiring an electric powered car, an notion it later dropped. In advance of performing at Dyson, Rowan was COO at BlackBerry maker Study In Motion.

The 56-calendar year-old Scottish government will thrive Samuelsson, 70, on March 21, Volvo stated in a statement on Tuesday.

Rowan is at the moment CEO at U.S-centered purchaser electronics brand name Ember Systems, a position he has held for considerably less than a 12 months. He is taking about just months right after Volvo wrapped up its IPO, the biggest in Europe final 12 months.

Rowan will facial area the undertaking of steering the Swedish automaker, which is the vast majority owned by China’s Geely Keeping, toward its target of having 50 % of its global gross sales from comprehensive-electrical autos by mid-10 years and be an electric-only brand name by 2030.

Volvo reported Rowan’s world-wide practical experience in digitalization, disruption, innovation, engineering and source chains will be beneficial for the automaker to understand its strategic ambitions.

Samuelsson will stay as chairman of electrical auto maker Polestar.

Samuelsson joined Volvo’s board in 2010 and has been CEO at the automaker for just about 10 yrs, with his deal coming to an close this calendar year.

Polestar, in which Volvo owns 49 p.c, aims to go public as a result of a reverse merger with particular-objective acquisition enterprise (SPAC) Gores Guggenheim. The offer is expected to close in the initial half of 2022.

Rowan was Dyson CEO from 2017 to 2020 and chief functioning officer from 2012 to 2017. For the duration of his time at Dyson, Rowan delivered report development and fiscal success for Dyson, in accordance to Volvo’s release.

Rowan labored for Investigation In Movement as COO from 2008-2012. During the period the organization boosted income to $20 billion from $5 billion.

From 1998 to 2005 he was vice president of operations at Flextronics, a $25 billion international producing business with additional than 200,000 staff members at more than 100 factories all over the world.

Rowan was born in Glasgow. He analyzed mechanical and creation engineering and electrical and digital engineering at Glasgow Caledonian University and Glasgow University of Technologies. He holds a master’s diploma in organization with source chain administration and logistics from Northumbria College, northern England.

Reuters contributed to this report

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EV mechanics of the long term require these 3 special expertise

The wrench will nonetheless have a role to engage in, but the software belt for modern auto mechanics is about to develop exponentially. Normal exterior repairs will even now be needed, and cars will nevertheless have several of the same basic sections such as tires, wheels and exterior metals. But the autos of the upcoming would not stand out due to the fact of their metal. The car industry’s priorities are shifting to include things like the most recent in software program technologies and sustainability very best techniques.

This change can be considered in two approaches: There is a scarcity of capable mechanics to do the job on electric and autonomous autos, but this shortage will build a huge opportunity for new techniques to be uncovered and new roles to be formed. We know cars of the long term will need to have specialised designers and makers to develop them — with EV batteries, electric charging abilities and digital systems these kinds of as 5G connectivity and visual recognition sensors. This makes a need to have for the proper mechanics in put to correct, inspect and enhance the cars.

Could your electrician be your EV mechanic? I would not go that much. But there will be exceptional competencies that provider facilities will seek when looking for skilled candidates. When you meet up with the mechanics of the foreseeable future, listed here are three factors you are going to likely discover on their resumes.

1. Specialised training: Selected schools are proactively education their learners for a earth of AVs, and the exact same will be necessary for EVs — as study shows extra than 95 per cent of engine mechanics really don’t have any EV training. Analyzing EV batteries through diagnostic assessments and health checks will be distinct from the inspections finished on a standard motor vehicle battery or engine. Via EV upkeep instruction programs, mechanics can get an accurate evaluation of what it’s like to pop the hood and achieve an being familiar with of how EVs purpose. There are several included issues mechanics should be aware of — together with security worries, such as the possibility of having stunned by an EV’s high-voltage electrical method.

2. Deep technical understanding: One particular of the one of a kind options with freshly produced EVs and EV batteries is that they will have program and technological innovation connectivity baked into the car’s architecture. Conventional vehicles have been all over for more than a century, but the state-of-the-art technological abilities have only lately been integrated as increase-on features. Mechanics of the future may be a lot less most likely to decide up that wrench and as a substitute will be coding software package updates to be despatched over the air to proprietors all-around the earth by means of cloud know-how. Apps for battery ability regeneration, or for tests brakes, could also be the norm when motor vehicle circumstances are inspected and assessed. In a globe of EVs, possessing staff with the proper specialized

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