Fiat Chrysler shuts down Italy plants to prevent coronavirus spread

Fiat Chrysler Automobiles NV on Wednesday said it is temporarily halting production at four Italian plants, two of which produce vehicles for the United States, to help prevent the spread of the coronavirus. The measures come in support of expanded government directives this week in Italy, whose 10,000 infections is the largest outside of China, where the… Continue reading Fiat Chrysler shuts down Italy plants to prevent coronavirus spread

@VW Group: Volkswagen pays performance-related bonus of €4,950

For 2019, the employees of Volkswagen AG covered by collective bargaining agreements are to receive a performance-related bonus of €4,950 gross. The CEO of Volkswagen AG, Dr. Herbert Diess, and the Chairman of the General Works Council, Bernd Osterloh, praised the team performance of Volkswagen employees last year. Dr. Herbert Diess said: “The employees of… Continue reading @VW Group: Volkswagen pays performance-related bonus of €4,950

@VW Group: Youthful and dynamic look for the new ŠKODA RAPID and RAPID SPACEBACK in China

The new ŠKODA RAPID and the ŠKODA RAPID SPACEBACK hatchback version are now available for purchase on the Chinese market and can also be ordered online. The revised exterior features a redesigned ŠKODA grille, flatter, tapered headlights and new horizontal taillights. In addition to new trims and upholstery fabrics, the interior also benefits from a… Continue reading @VW Group: Youthful and dynamic look for the new ŠKODA RAPID and RAPID SPACEBACK in China

@VW Group: ŠKODA AUTO DigiLab brings BeRider e-scooter sharing to Brno

In Brno today, Head of ŠKODA AUTO DigiLab, Jarmila Plachá, and Mayor of Brno, Markéta Vaňková, signed the memorandum regarding the promotion of sustainable mobility services in the city. Head of ŠKODA AUTO DigiLab, Jarmila Plachá, emphasised, “Brno is a young, vibrant city that is very open to new trends. We are convinced that we… Continue reading @VW Group: ŠKODA AUTO DigiLab brings BeRider e-scooter sharing to Brno

CEO speaks of “strong team performance”: Bonus for 100,000 VW employees increases again

DPA VW employees in Wolfsburg production (archive): The bonus for the past financial year has increased by 4 percent, after 16 percent in the previous year The roughly 100,000 employees in collective bargaining will receive from Volkswagen for the past financial year Show stock market chart again a higher bonus. The premium is expected to… Continue reading CEO speaks of “strong team performance”: Bonus for 100,000 VW employees increases again

@Groupe PSA: Groupe PSA: Louis Gallois Will Continue to Serve as Chairman of the Peugeot S.A. Supervisory Board

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Further to the signing of the Combination Agreement between Groupe PSA (Paris:UG) and FCA on December 17, 2019, and in order to ensure continuity until the closing of the merger between the two companies, Louis Gallois has agreed, with the Supervisory Board members, that he will continue to serve as Chairman… Continue reading @Groupe PSA: Groupe PSA: Louis Gallois Will Continue to Serve as Chairman of the Peugeot S.A. Supervisory Board

@Groupe PSA: Louis Gallois will continue to serve as Chairman of the Peugeot S.A. Supervisory Board

Further to the signing of the Combination Agreement between Groupe PSA and FCA on December 17, 2019, and in order to ensure continuity until the closing of the merger between the two companies, Louis Gallois has agreed, with the Supervisory Board members, that he will continue to serve as Chairman of the Peugeot S.A. Supervisory… Continue reading @Groupe PSA: Louis Gallois will continue to serve as Chairman of the Peugeot S.A. Supervisory Board

[Exit from the factory] The manufacture of the 20,000th three-wheeled scooter Peugeot Metropolis in Mandeure

If the factory Peugeot Motocycles française is located in the historic birthplace of Peugeot in Mandeure, in the Doubs region, the scooters and motorcycles business of the lion brand no longer has any capital link with the French car manufacturer which gives it its name. PSA in fact sold in the fall of 2019 the… Continue reading [Exit from the factory] The manufacture of the 20,000th three-wheeled scooter Peugeot Metropolis in Mandeure

Toyota halts pay raises for first time in 7 years, joining Nippon Steel

TOKYO — Toyota Motor will not raise base pay this year, the company told its union Wednesday, joining the ranks of Japanese companies freezing or limiting wage hikes to cope with the U.S.-China trade war and the coronavirus outbreak. This will be Toyota’s first time since 2013 denying a base pay hike during the annual spring negotiations… Continue reading Toyota halts pay raises for first time in 7 years, joining Nippon Steel