BWI Group increases production of advanced MagneRide systems
The expansion adds 600,000 units annually, enabling the MagneRide suspension system to be available for approximately two million vehicles in the coming years.
The company has production operations in Poland, Mexico and China.
In a press statement, BWI Group said: 'BWI Group's newly expanded production capacity enables rapid responses to market demands, thereby elevating impact across various segments. Besides, it employed full-process quality monitoring, logistics automation and full value chain digitisation to ensure 0 error and reliability in production.'
BWI Group expects the increased scale to allow car manufacturers to integrate high-performance active suspension systems at a more accessible price point, helping them stay competitive globally.
Referred to as 'An active suspension in a passive damper package', MagneRide systems have been used in various sports and luxury vehicles.
Manufacturers such as Ferrari, Lamborghini, Mustang and Cadillac have utilised the technology in several models over the past twenty years, BWI Group said.
The fourth-generation MagneRide system offers features including the ability to adjust damping force 1,000 times per second, operation in extreme temperatures ranging from -30°C to 105°C, and support for customisable driving modes.
The system is designed to combine active suspension benefits with a compact and low-maintenance design.
Since its introduction in 2002, more than ten million MagneRide dampers have been delivered by BWI Group.
To support consistent and reliable production, the company has implemented automated logistics, quality monitoring, and full value chain digitisation.
"BWI Group increases production of advanced MagneRide systems" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
40 minutes ago
- Forbes
Ferrari Shares Skid But Investors Confident Control Was Never Lost
Italian luxury sports carmaker Ferrari usually rides out any financial storms while lesser mortals issue profit warnings and are forced to batten down the hatches to ward off trouble. Last week, Ferrari's share price dived 12% after a suspicion that its golden record through thick and thin might have come to an end. But analysts expect normal service to resume soon, not least because Ferrari had reported improved second quarter profits and reaffirmed its belief 2025 will be stronger than ever. Analysts believe the negative reaction was due to a misunderstanding of company expectations after the financial news announcement, coupled with a view by some that the stock price might have become too expensive compared with other luxury goods companies. Bernstein Research believes the relentless Ferrari success legend has plenty of life in it. 'We believe the Ferrari story is very much intact and the sell-off was overblown. We reiterate our $554 price target and 'Outperform' rating,' Bernstein Research said in a report. Nevertheless, the share price on Monday hadn't recovered much, closing at €376.2 ($435.18) in Europe. Deliberately conservative Ferrari has a reputation for being deliberately conservative with its forecasts while being confident the predictions will be easily achieved, and then some. But this time the understatement was a bit too much, according to Bernstein, and led investors to believe Ferrari was signaling a fall in demand. Bernstein sought clarification and was told there was no intention of pointing to any decline in demand, and it was a restatement of Ferrari's core philosophy of favoring pricing and mix over demand. In other words, Ferrari still plans to produce enough cars to not quite meet demand. Ferrari reported net profit in the second quarter rose to €425 million ($492 million) from €413 million ($478 million) in the same period last year. Revenues rose 4.4% to €1.79 billion ($2.1 billion). It delivered 3,494 sports cars and SUVs, up 10. Ferrari said it has strong confidence in and reiterated its guidance for 2025, which said revenues will top €7 billion ($8.1 billion) with adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of at least €2.68 billion ($3.1 billion) with a profit margin of at least 38.3%. One analyst who didn't want to be named attributed the share price fall to slightly lower growth in sales which called into question Ferrari's ability to keep on growing profits and average selling prices, while Reuters reported poor U.S. economic data raised questions about luxury companies like Ferrari. Waiting for the CMD Investment researcher Jefferies said in a report its estimates for Ferrari remained largely unchanged, as investors began to speculate about the upcoming Capital Markets Day on October 9. CMDs set the long-term goals for companies and this one is likely to reveal more details about the electric vehicle program. Reuters reported in June that Ferrari had delayed plans for a second battery-electric vehicle until at least 2028. Ferrari didn't confirm the report, and since then other reports have suggested there was no plan for a second EV. Meanwhile, Ferrari will unveil its first EV, the Elettrica, at the CMD, with the world premiere next Spring, and first deliveries in October 2026. Investment bank UBS said the share price reaction was excessive and could present a compelling buying opportunity for investors in the runup to the CMD. UBS said amongst its key conclusions from Ferrari's second quarter was the strong order book extending into 2027, and positive buyer feedback on the new Amalfi, which would expand the customer base. UBS said it still rates Ferrari shares as a 'Buy'. Amalfi Is Ferrari's starter model, replacing the Roma The Amalfi is Ferrari's entry-level model and replaces the Roma. The Amalfi is more of a facelift than a completely new model. It is powered by a twin-turbo 3.9 liter V8 engine. According to HSBC equity research, it will be priced at €240,000 ($278,000) up from the Roma's €200,000 ($231,000). 'This is the Ferrari gateway product, so if you want to get into the 'family' this is where you need to start. Plus, we are now living in a world of tariffs and the Roma was one of the models the group didn't raise U.S. prices on earlier this year,' HSBC Equity Research said in a research note.
Newsweek
7 hours ago
- Newsweek
Ferrari Team Boss Responds to Lewis Hamilton Frustration After Hungarian GP
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Scuderia Ferrari team principal Fred Vasseur has responded to the comments made by Lewis Hamilton after the Hungarian Grand Prix. Hamilton started from P12 and finished the race in the same position. Newsweek Sports reported the seven-time world champion's statement after he was knocked out of Q2 in qualifying on Saturday. He appeared low while stating that Ferrari should look for another driver because he was "useless." The Grand Prix saw Hamilton struggle to recover positions in his SF-25 F1 car, failing to finish within the points, while his teammate Charles Leclerc finished in P4. After the race, when Hamilton was asked about his comments from the previous day, he said: "Not particularly, when you have a feeling, you have a feeling. There's a lot going on in the background that's not great, so..." Ferrari's British driver Lewis Hamilton (L) and Ferrari's French team principal Frederic Vasseur speak ahead of the first practice session for the 2025 Emilia Romagna Formula One Grand Prix at the Imola autodrome in Imola,... Ferrari's British driver Lewis Hamilton (L) and Ferrari's French team principal Frederic Vasseur speak ahead of the first practice session for the 2025 Emilia Romagna Formula One Grand Prix at the Imola autodrome in Imola, on May 16, 2025. More Marco BERTORELLO / AFP/Getty Images "I still love it. I still love racing." Given Hamilton's statement, Vasseur was asked if he was planning on motivating the Briton. He said: "I don't need to motivate him. Honestly, he's frustrated, but not demotivated. You know, it's a completely different story. I can perfectly understand the situation. Sometimes you are making comments on what the driver is saying in the car, but if you put the microphone on some other sportsmen in football and so, I'm not sure that it would be much better. "They are in the performance, and sometimes they are making comments, even when they jump out of the car. I can understand the frustration, but we are all frustrated. And sometimes if you ask me, I can't say this, I will go to the stewards [for swearing]! "But sometimes just after the race or just after the quali [qualifying], you are very disappointed and the first reaction is harsh. But we all know that we are pushing in the same direction." Vasseur understood the reason for Hamilton's frustration and admitted that he is a demanding driver, but emphasized that it is what pushes him to excel. He said: "Yeah, he's demanding. But I think it's also why he's a seven-time world champion, he's demanding with the team, with the car, with the engineers, with the mechanics, with myself also. But first of all, he's very demanding with himself. "It's always been a good motivation for him. The main reason of performance. For sure, when you are a seven-time world champion and your teammate is in pole position, and you are out in Q2, it's tough, it's a tough situation. "But we can also have a deep look, he was in front of Charles in Q1, on the first set, he was one-tenth off in Q2. We are not far away to have the two cars out in Q2. "And the outcome of this is Charles at the end is able to do the pole position, but it's not ... Honestly, the gap was not 1.2 seconds yesterday. But I can understand the frustration from Lewis. This is normal."
New York Times
7 hours ago
- New York Times
Lewis Hamilton is frustrated and struggling in F1 2025. How concerned should Ferrari be?
BUDAPEST, Hungary — Lewis Hamilton knew the emotions of life in Formula One would be much stronger upon joining Ferrari. The highs racing for F1's most successful and iconic team would be higher than anywhere else. And the lows would feel that bit sharper. Emotional extremes fill Hamilton's first half-season wearing the famed red suit. The joy of his sprint race win in China was tempered by a disqualification from the main Shanghai race one day later. The struggles that followed eventually became progress toward matching teammate Charles Leclerc's faster pace. Advertisement But the 2025 Hungarian Grand Prix was a particularly tough weekend for Hamilton, who lamented being (in his words) 'useless' after qualifying 12th on Saturday. He even suggested Ferrari 'probably need to change driver' when Leclerc took pole in the same car. They were comments made not long after he'd climbed from his car, with emotions still running high. Yet Hamilton showed little sign of rowing back on his frustration after Sunday's race, where he'd again finished 12th after a difficult outing that was uneventful bar his off when Max Verstappen tried a tricky pass. It marked the first time in Hamilton's 19-season F1 career he'd crossed the finish line and not scored in the points in Hungary. And he holds a record eight wins at the track. He wasn't helped by Ferrari's 'bet,' as team principal Fred Vasseur called it, of starting on hard tires — the contra strategy compared to the leaders. Nor was he aided by the lack of quality overtaking opportunities when stuck in a train of cars mid-race at a track were passing is very hard. When he was reminded of his post-qualifying comments after the race, Hamilton told reporters he felt 'the same' as he had on Saturday, his tone and emotion unshifted. Speaking to Sky Sports F1, he said: 'When you have a feeling, you have a feeling. There's a lot going on in the background that is not… great.' Hamilton didn't specify what that was in reference to, but added to Sky that he still loves racing and 'still loves the team.' In the print media pen afterwards, he said he was 'looking forward to coming back' after the summer break. 'Hopefully I'll be back, yeah,' Hamilton said. When asked if he was ready for the four-week gap to Zandvoort, he replied: 'Very much so.' The 40-year-old's love for racing may still be there, and a lot of his frustration in Budapest can be attributed to emotions running hot immediately post-session. But at no point during the dream move to Ferrari could Hamilton have anticipated he'd be so far down the order while his teammate vied for victory. Expectations, undoubtedly, have not been met, making Hamilton's emotion entirely understandable. Advertisement Mercedes team principal Toto Wolff spent over a decade working with Hamilton and shared plenty of good and bad in that time, witnessing him climb to his absolute peak as a seven-time world champion, as well as enduring a frustrating final year together in 2024. 'That is Lewis wearing his heart on his sleeve,' Wolff said in Hungary. 'It's what he thought very much when he was asked after the session. It was very raw. He was doubting himself. We had it in the past when he felt that he'd given it his all and underperformed to his own expectations. He's been that emotionally transparent since he was a young adult. 'So he's going to beat himself up. He's the G.O.A.T. and he will always be the G.O.A.T. Nobody is going to take that away.' Post-race in Hungary, Vasseur showed no sign of concern when discussing Hamilton's self-critical comments. 'He's demanding, but I think it's also why he's a seven-time world champion,' Vasseur said. 'He's demanding with the team, with the car, with the engineers, with the mechanics, with myself. But first of all, he's very demanding of himself. It's always been a good motivation for him.' A difference of 11 positions between the Ferrari cars in qualifying on Saturday was stark and disappointing for Hamilton. But Vasseur was quick to point out the fine margins involved: Hamilton was within two-tenths of Leclerc in Q1, and just 0.247 seconds behind in Q2. Had he gone a mere 15 milliseconds quicker, he'd have made it through to Q3, and things could have looked very different, as they did for Leclerc (who only progressed to Q3 with sixth in Q2). 'At the end of the day, it's really on the edge,' Vasseur said. But those edges do make all the difference, especially in this current ultra-competitive F1 age. So long as Hamilton is on the wrong side of it, he's going to be frustrated and introspective, wanting to understand how he can do better. Advertisement Entering a team as big and different as Ferrari this year, Hamilton was always going to encounter change and challenges. From the moment he joined for his first private tests in January, he embedded himself with the team, parking his motorhome up at the test track next to the factory in Maranello. He gave his all to help. The belief he could win a record eighth world title wearing Ferrari red was unshaken. As recently as Thursday in Hungary, he made his commitment and faith in the team clear. 'I know this team has absolutely every ingredient that's needed to succeed,' Hamilton said. 'I truly believe in that. That's why I signed.' There have been encouraging signs of progress through this season from Hamilton, whose cause has been hindered by a difficult Ferrari car that, according to Leclerc, required some 'extreme' setups to be at its fastest and remain legal. The team has had to compromise with the ride height of the car for much of the year to avoid a repeat of its double disqualification in China, something eased by the rear suspension update introduced at Spa two races ago. On average, Hamilton trailed Leclerc by 0.327 seconds in qualifying through the first five races. From Miami to Silverstone, that gap dropped to just 0.051 seconds, but stretched back out to 0.101s, when accounting for Spa and Budapest. At Spa, Hamilton was knocked out in Q1 and also dropped out in SQ1 after a spin, having switched to a new specification of braking pad that Leclerc had been using since Canada. Vasseur showed no concern about Hamilton's comments in Hungary, appreciating his position and claiming it wasn't a worrying sign for him to be that far down the order. 'I don't need to motivate him,' Vasseur said. 'Honestly, he's frustrated, but not demotivated. It's a completely different story.' He also claimed not to be worried about Hamilton's form and brace of P12s in Hungary, joking he 'would prefer to do P1 and P1, but we already know that you could ask the same question to Max (and get the same answer). I think it's a championship, this season, (that) is completely different. It's very tight.' Advertisement Vasseur also batted back a question about getting value for money with Hamilton, pulling a somewhat bemused face. 'I'm not sure that I understand your question, or if I understand, it's not a good one…' he said. 'We are taking drivers because we want to compete in the championship, and to score points, and to win races.' That rings just as true for Hamilton. He wants to be back at the very front, returning to the fray of a championship fight. Anything less than that is going to breed disappointment and, in Hungary, self-criticism. What will matter now is how Hamilton can respond at the Dutch Grand Prix on Aug. 31. Ferrari's car has made a step with the updated suspension, allowing Leclerc to take an unlikely pole in Hungary and lead the first half of the race. Ferrari does look to have emerged as the second-fastest team behind McLaren. Its team principal, Andrea Stella, said he was expecting an 'entertaining' final stretch after the summer break, thanks to the threat from the red cars. If Hamilton can bounce back from the disappointment of Spa and Budapest, and get back to the kind of margins he had to Leclerc before this double-header, he'll likely be in the mix again. Summer will offer a chance to reset and digest a whirlwind, rollercoaster start with Ferrari. And, crucially for Hamilton, get back into a more positive frame of mind.
