3,700. This is the number of jobs that should be eliminated by 2020 Germany in Opel as part of the plan presented by the group PSAWolfgang Schäfer-Klug, chairman of the manufacturer’s works council, told a press conference on Friday. Disagreement by the PSA group in a statement. “In the light of current speculation, the PSA… Continue reading Does the PSA Group want to cut 3,700 Opel jobs in Germany?
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Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’
SEOUL, April 20 (Yonhap) — The head of South Korea’s antitrust regulator said Friday that Hyundai Motor Group has taken a step in the right direction, citing its latest plan to streamline its complicated governance structure through business spinoffs and mergers. In a meeting with foreign correspondents in Seoul, Korea Fair Trade Commission Chairman Kim… Continue reading Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’
UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
SEOUL (Reuters) – General Motors’ (GM.N) loss-making South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit. FILE PHOTO: An employee works at an assembly line of GM Korea’s Bupyeong plant in Incheon, South Korea… Continue reading UPDATE 4-GM Korea delays vote on bankruptcy protection to Monday as talks fail
UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
LONDON (Reuters) – Nissan (7201.T) will cut hundreds of jobs at its Sunderland plant, Britain’s biggest automotive factory, as it tackles declining demand for diesel models across Europe, a source told Reuters on Friday. FILE PHOTO: Logo of the Nissan Motor Co. is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2,… Continue reading UPDATE 1-Nissan to cut hundreds of jobs at UK plant as diesel demand slides -source
Audi confirms more ‘realistic’ range of ~250 miles for the e-tron quattro, puts car in a Faraday cage
Audi unveiled the e-tron quattro prototype, the company’s first all-electric vehicle built to be electric from the ground up. This was back in 2015 when they were still using the unreliable NEDC standard for the range. In a press release today, the German automaker confirmed the expected range on the more realistic WLTP driving cycle,… Continue reading Audi confirms more ‘realistic’ range of ~250 miles for the e-tron quattro, puts car in a Faraday cage
In Germany, PSA requires 3,700 job cuts at Opel
He said what everyone already knew: there will be many job cuts at Opel in Germany. It only remained to know how much. Wolfgang Schaefer-Klug, chairman of the German car manufacturer’s board of directors, bought last year from General Motors for PSA Peugeot Citroën the requirements of the French group : 3,700 jobs. To this… Continue reading In Germany, PSA requires 3,700 job cuts at Opel
Too radical, too innovative, too fast: why Tesla could fail
All articles and backgrounds 04/20/2018 Too radical, too innovative, too fast For what Tesla could fail An opinion made by Jens-Uwe Meyer SpaceX Tesla Roadster in space: Will Elon Musk too much at once? The term “digital disruption” – the radical change of business models and markets through the digitization – may currently be missing… Continue reading Too radical, too innovative, too fast: why Tesla could fail
UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
FRANKFURT (Reuters) – PSA Group (PEUP.PA) wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel’s works council chief said on Friday. “Around 2,000 have already agreed to leave, and we will likely see a… Continue reading UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief
Land Rover Defender pick-up to rival Mercedes X-Class
Defender pick-up is expected to be single-cab only Land Rover will launch a pick-up truck by 2020 as part of an extended family of Defender vehicles, which has long been rumoured in order to warrant Land Rover’s future commitment to its most famous model. The standard Defender will have its grand unveiling this year as part of the… Continue reading Land Rover Defender pick-up to rival Mercedes X-Class
Savings plan at Opel: Every fifth Opelaner should go
Controversy over Opel: “Eisenach and Kaiserslautern are highly endangered” at Opel in Germany should according to current Plans of the French parent company PSA According to information from the works council, by the end of the decade 3700 of the approximately 19,000 jobs will disappear. “They have us a mining plan submitted by 2020 that… Continue reading Savings plan at Opel: Every fifth Opelaner should go