Detroit — A senior United Auto Workers official accused of helping embezzle more than $1 million in union funds greeted federal prosecutors and agents with big smiles and bear-hugs Monday before he was scheduled to plead guilty. Edward “Nick” Robinson, a close aide to former President Gary Jones, left a private meeting with prosecutors on the first floor of… Continue reading UAW boss accused of embezzlement gives feds big smiles, bear-hugs ahead of guilty plea
Category: News Site
Renault Retail Group to sell 10 dealerships in France
Renault is selling off dealerships in the factory-owned Renault Retail Group in France as it prepares for online sales. The carmaker is selling off 10 dealerships and its Grenelle site in Paris between now and 2024 to prepare for what it described as a “backdrop of a deep-seated transformation” in the automotive market. Renault said… Continue reading Renault Retail Group to sell 10 dealerships in France
Used cars marketplace Spinny bags $43.7m in series B money
The funding round reportedly brought the India-based startup’s post-money valuation to about US$150 million. Go to Source
Honda cuts output at 2 Japan plants amid China parts shortage
TOKYO — Honda Motor will temporarily cut back production at home due to difficulty sourcing parts from China amid the coronavirus outbreak. The Japanese automaker will reduce output by a few hundred vehicles at two plants in Saitama Prefecture. The cutbacks will last for a few days beginning early this month. The facilities produce the Vezel sport utility vehicle and the Odyssey… Continue reading Honda cuts output at 2 Japan plants amid China parts shortage
Comau partners Exechon for new machining centre, focuses on electrification and lightweighting
Comau, one of the global leaders in advanced industrial automation products and solutions, and Exechon, an international company whose patented technologies are being used to develop advanced Parallel Kinematic Machine solutions, have joined forces to design and produce a new Comau machining centre able to handle lightweight framing and structural components for multiple sectors with… Continue reading Comau partners Exechon for new machining centre, focuses on electrification and lightweighting
Renault unveils Morphoz concept car
Renault unveiled its Morphoz concept car, illustrating its vision of future electric mobility in the years beyond 2025. Smart, modular, this crossover vehicle is able to physically and technologically adapt whether it’s being used for a short commute, trip to the shops or a longer journey. Laurens van den Acker, EVP, Corporate Design Groupe Renault… Continue reading Renault unveils Morphoz concept car
Britain’s demands for U.S. trade talks set to test special relationship
LONDON (Reuters) – Britain unveiled its mandate for trade talks with the United States on Monday, with Prime Minister Boris Johnson vowing to drive a hard bargain in negotiations that are set to test the “special relationship” between the two countries. FILE PHOTO: Britain’s Prime Minister Boris Johnson leaves Downing Street in London, Britain, February… Continue reading Britain’s demands for U.S. trade talks set to test special relationship
Koenigsegg Online Event from Geneva
Mon, Mar 02, 2020 08:22 CET Since the Geneva International Motor Show has been canceled for visitors, we instead want to invite you to an Online Event from our stand in Geneva. We have a lot of exciting news, which will move the megacar segment in new and interesting directions. We can’t wait to share… Continue reading Koenigsegg Online Event from Geneva
Renault’s ‘transformer’ EV concept can stretch to take on extra batteries
Renault’s latest concept EV is literally a transformer that works for both city driving and long trips. The Morphoz EV in “City” mode normally has a 40 kWh battery that’s good for 90 percent of driving in cities or suburbs. However, for the 10 percent of the time you take it on long trips, it… Continue reading Renault’s ‘transformer’ EV concept can stretch to take on extra batteries
BMW among companies accused of using forced Chinese labour
Global brands like BMW, Apple, Sony have been accused of getting supplies from factories using the forced labour. Sydney: China is transferring tens of thousands of Uighur detainees out of internment camps and into factories that supply some of the world’s leading brands, an Australian think tank said Monday. Top global brands such as Apple,… Continue reading BMW among companies accused of using forced Chinese labour