LONDON (Reuters) – London’s Transport Commissioner Mike Brown met Uber [UBER.UL]boss Dara Khosrowshahi in January, a freedom of information request revealed, as the Silicon Valley app fights to keep its cars on the streets of its most important European market. FILE PHOTO – Dara Khosrowshahi, Chief Executive Officer of Uber Technologies, attends the World Economic… Continue reading Uber CEO and transport boss had second meeting over London license battle
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UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
SEOUL (Reuters) – General Motors’ (GM.N) loss-making South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit. FILE PHOTO: An employee works at an assembly line of GM Korea’s Bupyeong plant in Incheon, South Korea… Continue reading UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
LONDON (Reuters) – Nissan (7201.T) will cut hundreds of jobs at its Sunderland plant, Britain’s biggest automotive factory, as it tackles declining demand for diesel models across Europe, a source told Reuters on Friday. FILE PHOTO: Logo of the Nissan Motor Co. is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2,… Continue reading UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
FRANKFURT (Reuters) – PSA Group (PEUP.PA) wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel’s works council chief said on Friday. “Around 2,000 have already agreed to leave, and we will likely see a… Continue reading UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
GM Korea, union will continue talks until Monday afternoon – union official
SEOUL (Reuters) – General Motors’ (GM.N) South Korean unit and its labor union plan to continue talks until 5 p.m. Seoul time on Monday, a union official said in a text message, amid the move by the U.S. automaker to seek bankruptcy for the loss-making unit. FILE PHOTO: The logo of GM Korea is seen… Continue reading GM Korea, union will continue talks until Monday afternoon – union official
Peugeot boss faces toughest adversary yet in IG Metall
PARIS/FRANKFURT (Reuters) – PSA Group (PEUP.PA) boss Carlos Tavares, whose career has seen him thrash out margin-boosting labor deals for two carmakers in several countries, is now taking on Germany’s IG Metall union, which has been the undoing of many a cost cutter. FILE PHOTO: Chairman of the Managing Board of PSA Group Carlos Tavares… Continue reading Peugeot boss faces toughest adversary yet in IG Metall
UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
HAMBURG/FRANKFURT (Reuters) – German labor leaders fear Opel’s Eisenach factory could lose half its 1,800 workforce unless a deal is struck with owner PSA Group (PEUP.PA) over working conditions, amid escalating tensions between German union IG Metall and Opel’s management. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph… Continue reading UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
Magna International opens a new plant in Mexico
April 19 (Reuters) – Canadian auto parts supplier Magna International said on Thursday it has added a new manufacturing unit in San Luis Potosí, Mexico. The company said the 189,000 square foot facility will make structural welded assemblies for automakers like BMW and Mercedes-Benz. The unit employs 400 people and will have 1,000 employees at… Continue reading Magna International opens a new plant in Mexico
Opel CEO says German costs twice those of other plants -source
HAMBURG (Reuters) – Some of Opel’s German plants cost twice as much to run as new French owner PSA Group’s (PEUP.PA) other factories, Opel’s chief executive told employees as the company tries to hammer out an effiency deal with labor leaders in return for investments. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim,… Continue reading Opel CEO says German costs twice those of other plants -source
UPDATE 1-GM abruptly replaces head of Cadillac brand
(Reuters) – General Motors Co (GM.N) said on Wednesday that it was replacing Johan de Nysschen as head of its Cadillac brand, ahead of the launch of a new sport utility vehicle central to GM’s hopes for luxury market growth. FILE PHOTO: Cadillac President Johan de Nysschen speaks during the presentation of the 2019 Cadillac… Continue reading UPDATE 1-GM abruptly replaces head of Cadillac brand