Category: News Site

10,000 respirators in 50 days: Air Liquide, Groupe PSA, Valeo, Schneider Electric get cracking

Faced with the compelling need for more respirators on its national territory, the French government has asked, on March 22, a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and… Continue reading 10,000 respirators in 50 days: Air Liquide, Groupe PSA, Valeo, Schneider Electric get cracking

Tesla’s next killer app: solar power on its electric cars – starting with Cybertruck

Solar power on electric cars has yet to become a common feature, but Tesla is about to change that – starting with the Cybertruck electric pickup. We’ve discussed solar roofs on electric vehicles before, most recently with the one on the latest Prius Prime, but the recurring problem is that they rarely generate enough power to be worth… Continue reading Tesla’s next killer app: solar power on its electric cars – starting with Cybertruck

SE Asian logistics startup Inteluck raises over $5m from MindWorks, Lalamove

Southeast Asian third-party logistics player Inteluck has raised $5 million in a pre-Series B round of financing led by Hong Kong-based venture capital firm MindWorks Capital, according to a company statement on Tuesday. Other investors in the round included on-demand logistics provider Lalamove and return backer Infinity Venture Partners. The deal marks the first strategic… Continue reading SE Asian logistics startup Inteluck raises over $5m from MindWorks, Lalamove

Volvo Cars in talks to reach emissions deal with California

A long exposure picture shows cars of Swedish automobile manufacturer Volvo displayed in front of a showroom of Stierli Automobile AG company in St. Erhard, Switzerland April 11, 2019. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Swedish automaker Volvo Cars confirmed Tuesday it is in talks with California to reach a voluntary emissions agreement. Mary Nichols, who… Continue reading Volvo Cars in talks to reach emissions deal with California

Ford CEO Hackett thinks plants may not restart until May, talks furloughs and challenges

CLOSE Ford is not considering restarting production of automobiles anytime before May and even then the timeline is murky, CEO Jim Hackett acknowledged Tuesday. “My gut tells me we’re into May now, but we’re not projecting a date until the president actually comes through with, ‘I want to turn the economy on by x date.’ That’s really the… Continue reading Ford CEO Hackett thinks plants may not restart until May, talks furloughs and challenges

GM turns gutted, shuttered Warren plant into face mask supplier

CLOSE Anne Hernandez of Troy is responding to the shortage of face masks during the Novel Coronovirus threat by showing how she makes a mask. Detroit Free Press General Motors is working with the UAW to call in at least two dozen paid volunteers from its hourly workforce to make millions of face masks at its once-shuttered Warren Transmission… Continue reading GM turns gutted, shuttered Warren plant into face mask supplier

Ford delays restarting production indefinitely

Ford Motor Co. on Tuesday said it will further delay restarting production at its North American plants as the COVID-19 outbreak continues to spread in the United States. The Dearborn automaker last week had shared its intentions to begin manufacturing again at Hermosillo Assembly in Mexico starting next Monday and at select U.S. plants, including… Continue reading Ford delays restarting production indefinitely

Fiat Chrysler does not see delay in PSA merger, FIOM union says

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) did not mention any possible delay in the merger process with France’s PSA (PEUP.PA) during a call with unions on Tuesday, metal workers’ union FIOM… Continue reading Fiat Chrysler does not see delay in PSA merger, FIOM union says

Delay in Fiat Chrysler-PSA merger “inevitable”, Italy’s FIOM union says after meeting with FCA

MILAN, March 31 (Reuters) – Italy’s metalworker union FIOM said Fiat Chrysler had confirmed its merger plans with Frances’ PSA during a call with unions on Tuesday, adding that a delay was “certain” given the current situation. “FCA confirmed its industrial plan and the path of its merger with PSA, which will certainly suffer a… Continue reading Delay in Fiat Chrysler-PSA merger “inevitable”, Italy’s FIOM union says after meeting with FCA