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
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[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
Toyota pumps brakes on Lexus production as China sales drop
NAGOYA, Japan — Toyota Motor will temporarily scale back production of Lexus luxury vehicles due to plummeting sales in China amid the coronavirus outbreak, Nikkei has learned. The Japanese automaker is expected to shrink output by about 6% at two domestic assembly plants. The cutbacks will start Monday and last until the end of the… Continue reading Toyota pumps brakes on Lexus production as China sales drop
Mercedes-Benz: Automate commercial vehicles first, then cars
The manufacturer of commercial vehicles and cars, Mercedes-Benz, wants to prioritize autonomous driving for a segment. It has long been foreseeable that vehicle automation will first take place in the Commercial vehicle area will enforce. Above all, this includes trucks. Because the Delivery traffic is increasing, there is a shortage of workers and automation promises… Continue reading Mercedes-Benz: Automate commercial vehicles first, then cars
Brazilian Car Rental Company Raises $85M
With the new funds, Vai.Car plans to own 25,000 vehicles within 18 months. Photo via Phillip Capper/Wikimedia. Brazilian car rental startup Vai.Car has raised approximately $85 million to help increase its vehicle fleet, according to a report by Contxto. The investment round was led by XP Investimentos. With the new funds, Vai.Car plans to own 25,000… Continue reading Brazilian Car Rental Company Raises $85M
Lyft Provides More Transportation Options for Healthcare Patients
By integrating Lyft’s ridesharing services with Unite Us’ care network, people will have improved access to health and social care services. Photo via Lyft. Unite Us, a technology company that builds networks to connect health and social care providers, has joined forces with Lyft to provide ride-enabled referrals through the Unite Us platform. By integrating… Continue reading Lyft Provides More Transportation Options for Healthcare Patients
Hyundai teases all-new Avante ahead of April launch
SEOUL, March 11 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, on Wednesday released a teaser for the all-new Avante compact ahead of its domestic launch next month. The seventh-generation Avante adopts what Hyundai calls Sensuous Sportiness, which is defined by harmony among four fundamental elements in vehicle design — proportion, architecture,… Continue reading Hyundai teases all-new Avante ahead of April launch
Czinger to follow up 21C hypercar “sooner than you expect”
The 21C is manufactured using innovative 3D printing and automation techniques, where computers calculate the necessary parameters (strength, weight, cost) of a specific component and then build it from either a composite or metal alloy, exactly to the required specifications. It is powered by an in-house developed 2.88-litre twin-turbo V8, driving the rear wheels via a seven-speed… Continue reading Czinger to follow up 21C hypercar “sooner than you expect”
Audi E-tron GT: electric sports saloon seen ahead of LA unveiling
The Audi E-tron GT has been seen again in the clearest spy images yet ahead of an expected inveiling at the 2020 Los Angeles motor show. The electric grand tourer, a sibling to the Porsche Taycan, isn’t set to hit showrooms until 2021 after the November unveiling, but lightly disguised prototypes are now testing on German… Continue reading Audi E-tron GT: electric sports saloon seen ahead of LA unveiling