Tesla’s effort to build a new Gigafactory near Berlin has had a few hiccups, but it seems to be going smoothly overall. However, it looks like the automaker might have to battle with IG Metall, a powerful union in Germany. Elon Musk came to Berlin earlier this week and got showered with compliments by German… Continue reading Tesla and powerful German union prepare for a fight over Gigafactory Berlin workforce
Category: News Site
Cars will cost more in UK after Brexit, says industry chief
Brexit looms. Access the news and analysis you need now to navigate this monumental shift: The FT provides the most robust Brexit coverage, including: An unmatched number of scoops Expert opinion & regional perspectives Daily Brexit Briefing newsletter Go to Source
Grab launches grocery delivery service GrabSupermarket in Malaysia
Launched last month as part of a pilot program, GrabSupermarket currently serves the Klang Valley, delivering over 2,500 products. Go to Source
VDL Nedcar to cut 750 jobs as coronavirus hits new car sales
A production line at the Nedcar car plant in 2015
Car maker VDL Nedcar is to scrap 750 jobs, mostly involving people on staffing agency contracts, because of falling car sales.
‘Despite a small respite in the previous quarter, the car market will remain under pressure next year,’ director Paul van Vuuren told broadcaster 1Limburg.
After the cuts, there will be just 4,000 people working at Nedcar, down from 7,000 at the company’s 2018 peak.
VDL Nedcar is the only independent car manufacturer in the Netherlands and has been building models for BMW since mid 2014.
However, the company’s future has been thrown into doubt since October, when BMW said it would stop making cars at the plant in Born. Instead, BMW plans to concentrate production at its own factories, including that of the Mini, which is currently produced in the Netherlands.
Thank you for donating to DutchNews.nlThe DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.
If you have not yet made a donation, but would like to,
you can do so via Ideal, credit card or Paypal.
Bentley books planes to bring in parts in event of no-deal Brexit
Automotive industry CEO says carmaker is ‘ready to jump off a cliff with a parachute that hasn’t been tested’ Bentley cars coming off the production line in Crewe. Photograph: Phil Noble/Reuters Bentley has lined up five cargo planes to fly in car parts if there is disruption at the UK border in the event of… Continue reading Bentley books planes to bring in parts in event of no-deal Brexit
Aston Martin in row over ‘sock puppet PR firm’ pushing anti-electric vehicle study
Aston Martin is at the centre of a climate lobbying controversy after a study co-commissioned by the company that cast doubt on the green credentials of electric vehicles was found to have been attributed to a PR company registered to the wife of a director at the luxury carmaker. The study, which has since been… Continue reading Aston Martin in row over ‘sock puppet PR firm’ pushing anti-electric vehicle study
Self-driving trucks startup TuSimple raises $350M from U.S. rail, retail and freight giants
Self-driving trucks startup TuSimple has closed a $350 million funding round from a diverse consortium of strategic investors that include major U.S. corporations in rail, retail and freight, according to sources familiar with the deal. The round, which was oversubscribed, was led by VectoIQ LLC, confirming a report by TechCrunch in September. VectoIQ is the consulting… Continue reading Self-driving trucks startup TuSimple raises $350M from U.S. rail, retail and freight giants
Tesla CEO Elon Musk says he’d be open to merger talks with a rival. ‘We’d certainly have that conversation.’
Tesla CEO Elon Musk said Tuesday that he would be open to discussing a merger with a rival automaker. “We’d certainly have that conversation,” he told Mathias Döpfner, CEO of Business Insider parent company Axel Springer. But Tesla wouldn’t launch a “hostile takeover,” he said. Tesla faced hostility from its rivals when he started out,… Continue reading Tesla CEO Elon Musk says he’d be open to merger talks with a rival. ‘We’d certainly have that conversation.’
SABIC introduces new radar-absorbing compounds for radar sensors
The two new radar absorbing LNP STAT-KON compounds are based on polybutylene terephthalate (PBT) resin for automotive radar sensors. SABIC today introduced two new radar absorbing LNP STAT-KON compounds for automotive radar sensors, significantly expanding its portfolio of these specialty materials. The new grades, based on polybutylene terephthalate (PBT) resin, may be used for integration with radomes… Continue reading SABIC introduces new radar-absorbing compounds for radar sensors
China’s Dongfeng Motor sets up automobile industry equity investment fund, commits $90m
China’s state-owned auto giant Dongfeng Motor Corporation has agreed to make a 597 million yuan ($90 million) commitment to a motor industry equity investment fund, said a company filing to the Stock Exchange of Hong Kong on Monday. Dongfeng inked an agreement with Bank of Communications’ BOCOM International Holdings, BOCOM International’s Shanghai Bole, Dongfeng’s subsidiary… Continue reading China’s Dongfeng Motor sets up automobile industry equity investment fund, commits $90m