PSA pursues its strategy on vans launched with its subsidiary Opel / Vauxhall, recently acquired. After the synergies put in place in Spain and Portugal, the group claims to be the European leader in light commercial vehicles (LCVs) and will invest around 100 million euros at its Luton site in England. The objective: to increase… Continue reading PSA will invest 100 million euros in the UK
Author: Les Echos (French)
Recruitment: the tension rises in Valenciennes
A fourth team of 600 people at the Sevelnord plant in Lieu-Saint-Amand. More than 300 recruitments underway at Toyota in Onnaing. 100 others in the Renault MCA factory in Maubeuge. Not to mention the birth in a few months of a plant Safran-Air France aircraft engine maintenance: the dynamics of industrial employment is distributed in… Continue reading Recruitment: the tension rises in Valenciennes
Auto: builders worry about new approval procedure
The dossier is already poisoning the day-to-day lives of European carmakers … and risks weighing on their production and margins this year. Carlos Ghosn himself issued a warning by commenting on the publication of Renault results in February : “There is a lot of uncertainty, we do not know at what rate authorizations will be… Continue reading Auto: builders worry about new approval procedure
Renault: new rumors about a merger with Nissan make the title leap
New rumors surrounding the Renault-Nissan Alliance have sparked the share price of Renault on Thursday morning: the agency “Bloomberg” says that the two manufacturers have initiated discussions for a merger, under the auspices the president of the alliance, Carlos Ghosn himself. The idea would be to create a new company, which would be based in… Continue reading Renault: new rumors about a merger with Nissan make the title leap
ZF, a hidden giant of the German automobile
Count Zeppelin’s airships established the fame of Friedrichshafen at the beginning of the 20th century, but it was the automobile that made the city’s fortunes. On the German side of Lake Constance, which serves as a natural border with Switzerland and Austria, ZF laid a brand new, futuristic vessel in the city center just a… Continue reading ZF, a hidden giant of the German automobile
BMW and Daimler create the world’s number one car-sharing
To stay in the running against American Uber and Lyft or Chinese Didi, Daimler and BMW join forces. The two German manufacturers, who usually fight for the first place in the podium on the high-end segment, Wednesday announced the signing of an agreement to merge their mobility services Car2go and DriveNow. The operation, which has… Continue reading BMW and Daimler create the world’s number one car-sharing
Faurecia signs the biggest contract in its history
In an armchair. Faurecia is “proud” to announce on Wednesday the signing of the largest contract in its history. The PSA-controlled automotive supplier sold six million car seats at once to German BMW. In the coming years, the French group will manufacture, assemble and deliver just-in-time complete seats or seating structures that will integrate into… Continue reading Faurecia signs the biggest contract in its history
Opel launches voluntary departure plan in Germany
Opel has not having sealed the 2017 results PSA, it does not prevent the brand in the flash continues to pay the price of several years of losses. The management has therefore announced, on Tuesday, the launch of a voluntary departure plan for its German employees, regardless of age. “An attractive severance package will now… Continue reading Opel launches voluntary departure plan in Germany
PSA wants to totally disengage from Gefco
It’s almost the end of an era. According to our information, PSA has put up for sale its residual interest in the logistician Gefco, one of its historical subsidiaries. The French manufacturer had already sold 75% of the capital of the company in 2012 to the Russian equivalent of the SNCF, RZD . At the… Continue reading PSA wants to totally disengage from Gefco
Volkswagen again targeted by justice
New searches at Volkswagen. Investigators from the prosecutor’s office in Braunschweig searched and seized documents in 13 offices at the manufacturer’s headquarters in Wolfsburg in early March, the weekly Wirtschaftswoche reported on Tuesday. The prosecution suspects the group of having published in December 2015 false information on the CO2 emission levels of some of its… Continue reading Volkswagen again targeted by justice