Jörg Hofmann has once again asked the Opel parent company PSA to present a sustainable concept for the carmaker’s German locations. “It must be a concept that goes beyond the year 2020 and contains firm commitments on investments, employment figures, models and products for the individual locations,” explained the IG Metall chairman on 24 May… Continue reading Statement by Jörg Hofmann about Opel,
Statement by Jörg Hofmann, First Chairman of IG Metall, on Opel
Category: Official Press Release
Chinese investors in Germany
24.05.2018 Ι Chinese companies enjoy great freedom in Germany and the EU so far. However, doubts about the seriousness and good intentions of certain investors are growing. The conflicts in German companies are increasing. A positive sentiment increasingly gives way to skepticism when Chinese entrepreneurs access German technology companies. “Not all Chinese investments are successful,… Continue reading Chinese investors in Germany
Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference
Business and technology leaders share insights into the transformations poised to reshape the future PARIS – Bloomberg’s Sooner Than You Think (STYT) conference convenes business and technology leaders to share vital insights into the tech trends and transformations that are poised to reshape the future. During that event, Carlos Ghosn, Renault-Nissan-Mitsubishi chairman and chief executive… Continue reading Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference
Who is the Customer: The Investor or the Startup?
“You don’t need to know if the idea will succeed — just the person.” Jason Calacanis, Angel investor When a startup pitches an investor, a logical assumption is that the investor is the customer. After all, the startup is asking for money, often traveling to the investor’s office, pitching their company, and responding quickly to the investor’s follow-on… Continue reading Who is the Customer: The Investor or the Startup?
SAIC Innovation Center Expands
May 1st, 2018, SAIC INNOVATION CENTER completed the transfer to the brand new facility on the second floor of 2680 Zanker Road. Along with the soaring of business in three years, the employee number in SAIC IC has been growing rapidly. From 6 people in 2015 to 50 at present. The expansion of the facility… Continue reading SAIC Innovation Center Expands
DRIVE Xavier, World’s First Single-Chip Self-Driving Car Processor, Gets Approval from Top Safety Experts
Automotive safety isn’t a box you check. It’s not a feature. Safety is the whole point of autonomous vehicles. And it starts with a new class of computer, a new type of software and a new breed of chips. Safety is designed into the NVIDIA DRIVE computer for autonomous vehicles from the ground up. Experts… Continue reading DRIVE Xavier, World’s First Single-Chip Self-Driving Car Processor, Gets Approval from Top Safety Experts
The Ferrari SP38, the new creation from the One-Off programme
Maranello, May 23 2018 – The Ferrari SP38, the latest offspring from Ferrari’s One-Off programme, has been unveiled at Fiorano where, after the ceremonial handover to one of Ferrari’s most dedicated customers, the car was immediately put through its paces in a series of hot laps. Designed by the Ferrari Design Centre on the chassis… Continue reading The Ferrari SP38, the new creation from the One-Off programme
Tata Motors Group FY 18: Revenue Rs.294 KCr (+9%) & PBT Rs.11.2 KCr (+20%) Strong turnaround in the domestic business continues
Download press kit 23 May, 2018 Tata Motors Ltd announced its results for the quarter and year ending Mar 31, 2018 Consolidated Rs. Cr (Ind AS) Q4FY’18 Vs PY FY 18 Vs PY Net Revenue 91,279 18% 294,243 9% PBT 2,308 (55%) 11,155 20% U EBIT (%) 6.6 (90 bps) 4.2 (80 bps) U EBIT… Continue reading Tata Motors Group FY 18: Revenue Rs.294 KCr (+9%) & PBT Rs.11.2 KCr (+20%) Strong turnaround in the domestic business continues
JAGUAR LAND ROVER REPORTS FULL-YEAR RESULTS
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Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China
YANCHENG, China, May 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today inaugurated a facility in Yancheng, China, that will manufacture thermal-management products for conventional and new-energy vehicles. Dana repurposed an 8,000 square-meter (86,000 square-foot) plant with an investment of CNY105 million (US$16.7 million), making it the company’s 16th facility in China and the second in… Continue reading Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China