Category: Automotive

Ford’s China struggle continues as May vehicle sales slump 29 percent

BEIJING (Reuters) – Ford Motor Co’s (F.N) struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S. automaker like appointing a new sales leader and readying launches of new products. FILE PHOTO: Visitors look at Ford models at Auto… Continue reading Ford’s China struggle continues as May vehicle sales slump 29 percent

PSA seals agreement on exceeding 35 hours in Vesoul

Goal achieved. After several weeks of negotiations PSA signed an agreement Thursday evening at its plant in Vesoul (Haute-Saône), which increases the working hours of employees to more than 35 hours per week, without full compensation. Signed by unions FO, CFTC and CFE-CGC representing nearly 80% of employees, this agreement will come into effect next… Continue reading PSA seals agreement on exceeding 35 hours in Vesoul

Ford’s May China vehicle sales -29 pct y/y

BEIJING, June 15 (Reuters) – Ford Motor Co’s sales in China fell 29 percent in May from a year earlier to 61,744 vehicles, the company said on Friday, as the U.S. automaker continued to grapple with the sales doldrums, caused in part by a dearth of competitive fresh product. That took sales volumes for the… Continue reading Ford’s May China vehicle sales -29 pct y/y

Ford Continues to Reposition Business in China May Sales Decline

About Ford Motor Company Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 166,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s… Continue reading Ford Continues to Reposition Business in China May Sales Decline

Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer

News Press Release News Group Munich, 15 June 2018 Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer The constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG that took place yesterday in Wolfsburg also appointed members to the Company’s Board of Management.… Continue reading Constituent meeting of the Supervisory Board of Volkswagen Truck & Bus AG: Christian Schulz appointed Chief Financial Officer

News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Please click HERE for a PDF version of the release. One of the auto industry’s first 48-volt mild-hybrid transfer cases Achieves up to 10% CO2 savings compared to a two-wheel drive system Can be easily integrated into existing drivetrains SAILAUF, Germany, June 14, 2018 — Magna is on the fast track to vehicle electrification. With… Continue reading News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

The Hague, 15 June 2018 – Major players in the European mobility sector signed a road safety pledge to contribute to achieving zero traffic fatalities by 2050. The coalition includes the European Automobile Manufacturers’ Association (ACEA), European Association of Automotive Suppliers (CLEPA), the association of national motoring organisations (FIA Region I), with strong support from… Continue reading Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

Press Releases – Passenger car registrations: +2.4% five months into 2018; +0.8% in May

Brussels, 15 June 2018 – In May 2018, the EU passenger car market flattened out after showing robust growth in April. Registrations of new cars were only 0.8% higher than in May 2017, counting 1,398,913 units in total. In May 2018, the EU passenger car market flattened out after showing robust growth in April. Registrations… Continue reading Press Releases – Passenger car registrations: +2.4% five months into 2018; +0.8% in May

Advanced Automatic Collision Notification Service “D-Call Net(R)” Expanded Nationwide

Full-scale implementation of the advanced automatic collision notification system D-Call Net(R) is now underway at approximately 730 locations within Japan. A trial service has been ongoing since November 2015, whereby base hospitals and air ambulances have prepared systems to transmit fatal and serious injury probability data from vehicles to all fire departments within the trial… Continue reading Advanced Automatic Collision Notification Service “D-Call Net(R)” Expanded Nationwide