Category: News Site

Opel CEO says German costs twice those of other plants -source

HAMBURG (Reuters) – Some of Opel’s German plants cost twice as much to run as new French owner PSA Group’s (PEUP.PA) other factories, Opel’s chief executive told employees as the company tries to hammer out an effiency deal with labor leaders in return for investments. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim,… Continue reading Opel CEO says German costs twice those of other plants -source

Hyundai Motor to create 3,000 jobs in line with gov’t policy

SEOUL, April 19 (Yonhap) — Hyundai Motor Group said Thursday it will help create some 3,000 jobs for young graduates and underprivileged people through 2022. The conglomerate will invest 34 billion won (US$32 million) in the five year period to financially support companies in the hiring of 1,600 young graduates in their 20s and 30s,… Continue reading Hyundai Motor to create 3,000 jobs in line with gov’t policy

PSA signs an agreement for its new social and economic committees with 5 unions out of 6

It is entitled “Agreement on the establishment of new representative bodies of staff within the company PSA Automobiles “and is 20 pages long and will be highly regarded because PSA is the first major industrial group to implement the economic and social committee that replaces the works council in the latest labor reform. following negotiations… Continue reading PSA signs an agreement for its new social and economic committees with 5 unions out of 6

Autonomous cleaning vehicles

Autonomous cleaning vehicles were tested in Shanghai. In the Chinese city Shanghai The startup Autowise.ai has started a test with autonomous cleaning vehicles. The fleet consists of autonomous road sweeping machines developed and tested in Shanghai by Autowise.ai. It should be the first of your kind. A similar concept has already Daimler snow clearance vehicles… Continue reading Autonomous cleaning vehicles

Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m

April 19, 2018 Singapore-headquartered ComfortDelGro has acquired London taxi circuit operator Dial-a-Cab for £1.2 million ($1.7 million) as part of its expansion in the United Kingdom. In a disclosure to the Singapore Exchange on Thursday, ComfortDelGro said the acquisition will be carried out by its wholly-owned subsidiary in the UK, CityFleet Networks Limited. The acquisition will… Continue reading Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m

Cadillac boss ousted as GM looks to speed brand revival

Buy Photo Johan de Nysschen, EVP and president, Global Cadillac, speaks at the Automotive News World Congress at the Marriott Renaissance Center in Detroit on Jan. 16, 2018. (Robin Buckson / The Detroit News) (Photo: Robin Buckson / The Detroit News)Buy Photo Cadillac President Johan de Nysschen’s abrupt ouster by General Motors Co.’s top brass,… Continue reading Cadillac boss ousted as GM looks to speed brand revival

California investigating Tesla workplace

Dana Hull and Josh Eidelson, Bloomberg L.P. Published 8:18 p.m. ET April 18, 2018 California’s Division of Occupational Safety and Health said it has opened a new investigation into Tesla Inc. following a report about worker protections at the company’s auto plant in Fremont, California. The state agency “takes seriously reports of workplace hazards and… Continue reading California investigating Tesla workplace

Mapillary Raises $15m in Funding

Mapillary, a Malmö, Sweden-based street-level imagery platform, powered by collaboration and computer vision, raised $15m in funding. The round was led by BMW i Ventures, with participation from Samsung Catalyst Fund and NavInfo and previous investors Atomico, Sequoia, PlayFair, and LDV Capital. The company intends to use the funds to continue to expand the team,… Continue reading Mapillary Raises $15m in Funding