Mother and Son’s $35 Billion Fortune Shrinks on Auto Woes

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(Bloomberg) — In early 2018, Georg Schaeffler became Germany’s richest person as shares of Continental AG, the car-part maker in which he and his mother — Maria-Elisabeth Schaeffler-Thumann — own a major stake, surged in price. At the time, their combined fortune totaled $35 billion.They’re now worth about a quarter of that. That’s partly due to the coronavirus pandemic, which has significantly curbed auto sales, as well as the industry’s broader shift toward electric cars. The Schaefflers ended each of the last two years less well-off than they began, and 2020 may be the same. Both have lost about a

Automotive Cockpit Multi and Dual Display Industry Trends, 2020 Featuring Harman, Visteon, Faurecia, Aptiv, Bosch, and 8 Others

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DUBLIN, Aug. 7, 2020 /PRNewswire/ — The “Automotive Cockpit Multi and Dual Display Trend Report, 2020” report has been added to ResearchAndMarkets.com’s offering.

Dual and multi display solutions and development tendencies are analyzed in this report.

Amid the smart cockpit trend, the display incarnates intelligence as the main interface of human-computer interaction. Following the large screen, multi display and dual display grow the new trend of the cockpit display. The one-core multi-display solution has become the apple in the eyes of OEMs and cockpit system integrators.

(I) Multi-display: Luxury brands adopt multi-display at first, and emerging brands follow suit

Auto review: 2020 Buick Encore GX small SUV completes the brand’s transformation | Transportation

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Don’t look now, but Buick is the shape of the auto industry’s future, and that shape is an SUV.

Get used to it, because as the 2021 model year hits its stride, General Motors’ oldest brand no longer has a single traditional car in its lineup.

The final piece of the puzzle arrived earlier this year in the 2020 Encore GX, an appealing small SUV sure to become Buick’s best seller in a jiffy.

The Encore GX completes a transition that began nearly a decade ago, when some farsighted exec recognized the approaching flood of SUVs as a rising tide

Global Automotive CNG and LPG Kits Market by Vehicle Type, Demand Category, Fuel Type and Region

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Dublin, Aug. 06, 2020 (GLOBE NEWSWIRE) — The “Global Automotive CNG & LPG Kits Market, by Vehicle Type (Passenger Car, LCV, M&HCV & 3W), by Demand Category (OEM Vs Aftermarket), by Fuel Type (CNG Vs LPG), by Region, Competition, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering.

The Global Automotive CNG & LPG Market is projected to grow at more than CAGR of more than 11% during 2021-2025, on the back of growing demand for environment friendly and economical fuel alternatives coupled with growing concerns regarding air pollution.

Moreover, government policies and regulations of different countries across