Category: News Site

Toyota Motor shutting North American plants for two days next week

FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su (Reuters) – Toyota Motor Corp (7203.T) said it will close its North American plants on Monday and Tuesday of next week and will reopen on Wednesday amid the expected coronavirus sales decline. The… Continue reading Toyota Motor shutting North American plants for two days next week

BMW annual balance sheet in times of the corona virus pandemic: clear words about the corona turmoil

Eric Krügl / BMW “Cautiously confident” – BMW boss Oliver Zipse hits the right note in times of coronavirus That’s not how it was meant in Munich, of course. BMWBoss Oliver Zipse wanted to set the first signs at the annual press conference 2020. Seven months ago he took over the position of CEO, now… Continue reading BMW annual balance sheet in times of the corona virus pandemic: clear words about the corona turmoil

VW brand had a good year in 2019, but …: Coronavirus is also weighing on VW’s electric car plans

Oliver Killig / Volkswagen VW ID.3: The electric car is due to come onto the market in summer despite software delays and the corona crisis The Corona crisis will be a tough test for the VW Group’s main brand in the middle of the ramp-up of e-mobility this year. The business figures continued to improve… Continue reading VW brand had a good year in 2019, but …: Coronavirus is also weighing on VW’s electric car plans

EXCLUSIVE goal for 2023: Volkswagen plans cheaper electric cars

Friso Gentsch / Volkswagen CEO Herbert Diess wants platform for small electric cars. Volkswagen wants a significantly cheaper generation of Electric cars launch. The models should have their own architecture and if possible go on sale from 2023. CEO Herbert Diess wants to make it possible with the new architecture to also offer small cars… Continue reading EXCLUSIVE goal for 2023: Volkswagen plans cheaper electric cars

The valuation of the automobile of the economic and labor measures of the Government

March 18, 2020 Category: Featured press, Faconauto News, Press releases Sectorial employers positively value this first package of urgent economic and labor measures. The employers of vehicle and component manufacturers, ANFAC and SERNAUTO, and that of dealers, FACONAUTO, positively value this first package of urgent economic and labor measures approved by the Government. These are… Continue reading The valuation of the automobile of the economic and labor measures of the Government

UGT FICA calls for Faconauto’s recommendation to keep the workshops closed, except for the emergency service

March 18, 2020 Category: Featured press, Faconauto News, Press releases It also supports the establishment of an emergency service to serve key customers and sectors to deal with the crisis The Federation of Industry, Construction and Agriculture of the General Union of Workers (UGT FICA) requests today in a statement that the sectoral action protocol… Continue reading UGT FICA calls for Faconauto’s recommendation to keep the workshops closed, except for the emergency service

GM, Mercedes to furlough all workers in Brazil, suggesting production stop

FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt Cassio (Reuters) – General Motors Co (GM.N) and Mercedes Benz will furlough all employees in Brazil later this month, the companies said on Wednesday, suggesting that production in South America’s main auto center… Continue reading GM, Mercedes to furlough all workers in Brazil, suggesting production stop

U.S. mobility startups feel the chill from the COVID-19 crisis

(Reuters) – U.S. startup companies focused on transportation technology could be among the casualties of COVID-19, according to venture investors who say new funding and investment exits are drying up as the economic outlook darkens. FILE PHOTO: A woman walks past electric Lime scooters parked on the sidewalk in downtown Los Angeles, California, U.S., October… Continue reading U.S. mobility startups feel the chill from the COVID-19 crisis