The fall of diesel makes the happiness of the essence. Forced to adapt to the evolution of demand in Europe, PSA has decided to seriously increase its production capacity of gasoline engines on the site of the French Mechanics in Douvrin (Pas-de-Calais). According to our information, 350,000 EP 1.6 liter blocks will soon be machined… Continue reading PSA will produce more gasoline engines at the French mechanical
Author: Les Echos (French)
Germany: Opel and IG Metall agree
After months of negotiations, the Opel management and the IG Metall union-controlled works council came to an agreement in principle on the future of the sites of the German subsidiary of PSA. In exchange for additional wage efforts and a staff reduction capped at 3,700 out of 19,000 in Germany, the staff obtained a backup… Continue reading Germany: Opel and IG Metall agree
Diesel: Germany asks Daimler for explanations
German industry is not finished with the Dieselgate. Three and a half years after the start of the scandal of engines rigged at Volkswagen, the German government officially asked Monday explanations to Daimler-Mercedes, accused as its competitor of Wolfsburg, to have installed software engines distorting the tests of homologation. As a matter of fact, suspicions… Continue reading Diesel: Germany asks Daimler for explanations
Tensions before a new round of negotiations at Opel
Weapon vigil at Opel. A new round of negotiations begins Monday between the management of the manufacturer controlled by PSA and the establishment committee (EC). However, the IG Metall union still considers itself to be vague about the intentions of Opel and its French shareholder PSA. If discussions fail, he now threatens to extend the… Continue reading Tensions before a new round of negotiations at Opel
In Rennes, a fully modernized plant for the Citroën C5 Aircross
In Rennes La Janais, in the aisles of the PSA plant, we say thank you to the C5 Aircross. The “C84”, as Citroën’s new vehicle is called internally, made it possible to ensure the durability of a site born in the 1960s but whose future seemed rather gloomy before 2015. “It is now the the… Continue reading In Rennes, a fully modernized plant for the Citroën C5 Aircross
Car manufacturers penalized by rising steel prices
Peter laughing, John crying. If the spectacular rise in steel prices over the last two years (nearly 70%) is pleasing to the giants of the steel industry, it is not doing the car manufacturers’ business. Last year, the rise in material costs (and other external costs) weighed 358 million euros on the results of the… Continue reading Car manufacturers penalized by rising steel prices
Luc Chatel: “The auto industry will play its survival in the coming years”
Remember that ten years ago, the French automobile almost died. The industry has recovered thanks to considerable efforts to adapt to globalization, to improve competitiveness, innovation and employee skills. Today, we have two major manufacturers and four global equipment manufacturers. But the sector will play its survival in the coming years on its ability to… Continue reading Luc Chatel: “The auto industry will play its survival in the coming years”
Electric car: the state promises 100,000 terminals in 2022
The whole family. The faces of the French automotive industry were all there, Tuesday afternoon in Bercy, for the signing of the new strategic contract of the automotive industry, ratified by no less than three ministers – Bruno Mayor, Elisabeth Borne and Nicolas Hulot. Rarely, even Carlos Ghosn and Carlos Tavares, the bosses of PSA… Continue reading Electric car: the state promises 100,000 terminals in 2022
PSA tackles the 35-hour taboo
PSA continues to use opportunities offered by the Labor Law . The French car manufacturer has proposed to some 3,000 employees of its plant in Vesoul (Haute-Saone) to increase their working time from 35 hours to 37 hours 45 per week (an increase of 7.8%), in exchange for a wage increase of 2.8%. A project… Continue reading PSA tackles the 35-hour taboo
Faurecia wants to almost double in size by 2025
At the head of Faurecia just two years ago, Patrick Koller sees big for the automotive supplier. During a day investors, he unveiled Tuesday his medium-term ambitions: a turnover 30 billion euros in 2025, against 17 billion in 2017. A near-doubling, he hopes to achieve primarily through organic growth: he expects “only” 1.5 billion additional… Continue reading Faurecia wants to almost double in size by 2025