By Maria Sheahan FRANKFURT, – Powerful German union IG Metall said it would step up industrial action ahead of a round of negotiations with employers as it pushes for higher wages and the right to shorter hours for 3.9 million German workers. “We have started with warning strikes and will widen them in the coming… Continue reading German union IG Metall to step up strike action ahead of wage talks
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Ford Sollers to hire 600 to meet growing Russian car demand
MOSCOW, Jan 10 (Reuters) – Ford’s Russian joint venture Ford Sollers plans to create 600 new jobs at its Elabuga plant and institute a six-day week to meet growing demand, it said on Wednesday. Sales of sport-utility vehicles (SUVs) and light commercial vans produced at its plant in the Russian republic of Tatarstan, which makes… Continue reading Ford Sollers to hire 600 to meet growing Russian car demand
Cruising With No Hands at 80 MPH in Renault’s Autonomous Car
It had snowed, rained and even hailed a little that morning in the northern French region of Normandy, and we were about to take a new car out for a test drive — a unique model Renault SA built and polished for over two years. Our stress levels were at a peak when the time… Continue reading Cruising With No Hands at 80 MPH in Renault’s Autonomous Car
The divided star – Dieter Zetsche assigns his legacy: The new power quartet at Daimler
The solo for overboss Zetsche has an end: the car maker will be controlled by a four-pointer in the future. MANAGER MAGAZINE 2018/1 DIETER-SHOW CEO Dieter Zetsche finds a new role Companies COMPANIES DAIMLER Dieter Zetsche arranges his heritage. The CEO splits the group and redistributes power. Four very different men will steer the carmaker… Continue reading The divided star – Dieter Zetsche assigns his legacy: The new power quartet at Daimler
Asia tech news roundup – Jan 10
Checking stock before it gets sent to buyers. Photo credit: Leflair APAC Mining, NiYO, and Leflair were a few of the startups that announced funding in Asia Pacific today, while news emerged of Line’s plans to support cryptocurrencies. Fintech Lendingkart secures US$4.7 million in debt funding (India). The online lender for small businesses netted the… Continue reading Asia tech news roundup – Jan 10
Fiat Chrysler turbo engine built in Trenton is built for the future
Fiat Chrysler Automobiles is producing a new turbocharged 4-cylinder engine in Trenton, Mich.(Photo: Fiat Chrysler Automobiles) Is Fiat Chrysler building a future-proof engine? The new 2.0-liter inline turbocharged 4-cylinder engine now being built at the company’s Trenton Engine Complex could be close, according to one expert, who notes its adaptability. “It’s almost future proof,” said Bill… Continue reading Fiat Chrysler turbo engine built in Trenton is built for the future
TomTom Cooperates with Zenuity, Baidu & Qualcomm
The industry participants are moving closer together: TomTom, Baidu and Qualcomm on maps. The map service provider and competitor of HERE. TomTom, has on the CES 2018 new map services introduced: TomTom AutoStream and TomTom MotionQ. TomTom HD cards. Source: TomTom The AutoStream service is a map-providing service for up-to-date data, such as the curve… Continue reading TomTom Cooperates with Zenuity, Baidu & Qualcomm
E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already
24/11/2017 E-car startups Nio and Byton rely on electric SUVs China’s new Tesla rivals – they are already here They have potent Chinese backers on their backs, bring loads of Western auto engineers on board and are already the first electric electric SUV ready series: A handful of startups from China wants to resist the… Continue reading E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already
Bosch Group sells starter motor division to ZMJ
The Bosch Group’s well-established starter motor and generator division has completed its transition to an independent company and will operate as SEG Automotive, effective immediately, including the local division SEG Automotive India. The company’s new owner is Zhengzhou Coal Mining Machinery Group Co (ZMJ) and an investment group. SEG Automotive India is an integral part… Continue reading Bosch Group sells starter motor division to ZMJ
Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund