Does the PSA Group want to cut 3,700 Opel jobs in Germany?

3,700. This is the number of jobs that should be eliminated by 2020 Germany in Opel as part of the plan presented by the group PSAWolfgang Schäfer-Klug, chairman of the manufacturer’s works council, told a press conference on Friday. Disagreement by the PSA group in a statement. “In the light of current speculation, the PSA… Continue reading Does the PSA Group want to cut 3,700 Opel jobs in Germany?

PSA signs an agreement for its new social and economic committees with 5 unions out of 6

It is entitled “Agreement on the establishment of new representative bodies of staff within the company PSA Automobiles “and is 20 pages long and will be highly regarded because PSA is the first major industrial group to implement the economic and social committee that replaces the works council in the latest labor reform. following negotiations… Continue reading PSA signs an agreement for its new social and economic committees with 5 unions out of 6

Carlos Tavares could receive an exceptional bonus of one million euros after the acquisition of Opel

Carlos Tavarès, President of the Executive Board of PSA, could receive a premium of 1 million euros, for the implementation of the plan of rehabilitation ofOpel. This is what the French car manufacturer proposes to its shareholders. In total, if it is adopted at the general meeting of April 24, the compensation of Carlos Tavares… Continue reading Carlos Tavares could receive an exceptional bonus of one million euros after the acquisition of Opel

115 jobs threatened at Steva Limousin stamping machine

At the works council held on Friday, March 30, representatives of the staff of Steva Limousin, which employs 115 employees, were informed of the placement in receivership of the Bessines-sur-Gartempe plant (Haute-Vienne) faced with cash flow difficulties and insufficient activity. In 2014, the Steva group took over this site in receivership which belonged to Altia.… Continue reading 115 jobs threatened at Steva Limousin stamping machine

Tesla could be forced to mortgage his Gigafactory for lack of cash

This is a blow for Tesla and the founder of Elon Musk. On Tuesday, March 27, rating agency Moody’s downgraded its ratings on the automaker and on its debt. To this, it added negative perspectives, meaning that these assessments could further deteriorate. The California company is sanctioned for its production problems and the risk of… Continue reading Tesla could be forced to mortgage his Gigafactory for lack of cash

The wheel manufacturer AR Industries in Chateauroux is interested in English Gupta family group

The English Gupta family (GFG), controlled by the Indian businessman Sanjeev Gupta, has filed an offer with the Commercial Court of Orleans (Loiret) to take over the AR Industries auto rims manufacturer based in Diors, near Paris. Châteauroux (Indre), via its industrial subsidiary Liberty House. In legal recovery since January 16, the latest French manufacturer… Continue reading The wheel manufacturer AR Industries in Chateauroux is interested in English Gupta family group

Volkswagen’s headquarters re-searched for “dieselgate”

German justice has opened a new investigation on suspicions of market manipulation at Volkswagen in the context of the diesel emissions scandal. This revelation from the German magazine WirtschaftsWoche, made Tuesday, March 20, relies on a spokesperson of the public prosecutor. Searches were also conducted in early March, confirmed March 20 the German car manufacturer,… Continue reading Volkswagen’s headquarters re-searched for “dieselgate”

The 100,000th ZOE produced at the Renault Flins factory

The only Renault industrial site in the world to manufacture Renault’s electric ZOE, the Renault Flins factory in Aubergenville (Yvelines) produced, on Thursday, March 15, the 100,000th copy of this leading model of the electric vehicle segment in Europe since 2015. It was 3:20 pm, when the ZOE numbered 100,000 came out of Renault Flins’… Continue reading The 100,000th ZOE produced at the Renault Flins factory

The Sandouville Renault plant announces 60 new hires in 2018

The management of the Sandouville (Seine-Maritime) Renault plant, which currently has 2,650 employees, including 850 temporary workers, announced Tuesday, February 13, the hiring of 60 employees in 2018: 30 on permanent contracts and 30 on fixed-term contracts. These hirings will partially offset retirements and strengthen the skills of the Trafic utility plant. “Recruitment will mainly… Continue reading The Sandouville Renault plant announces 60 new hires in 2018

20 billion euros of Volkswagen’s partnerships in electric batteries

On the occasion of its annual results, presented Tuesday, March 13 in Germany, the car manufacturer Volkswagen has announced invest about 20 billion euros to develop projects in the field of electric vehicles. The German group plans to expand its production of electric vehicles to sixteen factories around the world by the end of 2022,… Continue reading 20 billion euros of Volkswagen’s partnerships in electric batteries