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Which strategy is the right one for our company in order to achieve our objectives? The question of what is the best way and what are the right measures to achieve strategic objectives is a core question for the management of every company, and thus, of course, also for me as the COO of Hirschmann Automotive.
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As of September 1, 2018, new passenger vehicles in the EU will only receive type approval if they conform to exhaust emission standards Euro 6c and Euro 6d-TEMP. In this regard, the limit values set out in the Euro 6 standard will remain unchanged. For automotive manufacturers, however, this means that they will have to prove that their vehicles comply with the emission limits set out in the considerably more stringent WLTP* standard (Euro 6c) upon being tested on the exhaust roller dynamometer test bench. Furthermore, the exhaust emission characteristics will also be tested during practical operation on the road (in accordance with Euro 6d-TEMP) in order to obtain more realistic consumption data.
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“We at Hirschmann …” – every time I hear these words from a colleague, I immediately remember what we have been working towards for more than 50 years and what we have been able to accomplish in that time: building up a company with 1,000 employees at the headquarter in Rankweil alone, and around 4,000 additional employees at locations in Germany, the Czech Republic, Romania, Morocco, China, and Mexico.
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When we look back on 2017, it is clear that a profound shift has taken place in the automotive industry – a shift that will be a significant factor for us in the coming years.
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Digitalization is nothing new. We have already embraced a number of leaps in technology and IT innovations, and these steps forward have profoundly altered our society and the world of business. The current shift, however, is moving …
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Already some days before the official opening ceremony of our plant in Mexico, the air was full of pleasant anticipation and excitement. Despite of some turbulences in the start, created by a strong wind that forced us to displace the festivities into the production hall, the ceremony was a raving success.
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Electric and hybrid vehicles offer our industry great opportunities, but they present huge challenges at the same time. We have been dealing intensively with this topic for several years already. We have put together our own in-house team for the development of high-current systems as well as the corresponding laboratory facilities for validating the products.
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Training apprentices is of strategic importance for Hirschmann Automotive. Not only is this a long-standing tradition, but also critical for the success of our company. I am firmly convinced of this.
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In early June, our company in Mexico opened a new location – and with this, it created an important milestone in the history of our company. In this blog article we report about the strategic backdrop and the path from the location search to the production launch.
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The role of the CFO (Chief Financial Officer), has undergone a radical transformation in the last few years. The times when financial officers crept away into their offices and limited themselves to the administrative “mandatory programme” are definitely a thing of the past. Today, the CFO of a company is in fact the designer, the challenger, and the financial conscience.
Read moreHirschmann Automotive GmbH
Oberer Paspelsweg 6-8
6830 Rankweil, Austria
Phone: +43 (0)5522 307-0
Email: info@hirschmann-automotive.com
