Group upgrades full-year profit guidance as retail volumes rise 58% to more than 5,100 Strong demand for DB11 model lifts retail sales 58% year-on-year Unit sales exceed 5,000 for first time since 2008 Manufacturing at a nine-year high Group expects to exceed full-year EBITDA guidance of at least £180 million on revenues of more than… Continue reading Aston Martin delivers record sales growth in 2017
Category: Automotive
Introducing the HERE Open Mobility Marketplace
Today marks the launch of the HERE Open Mobility Marketplace – a global one-stop shop for on-demand transportation and mobility services. Although the mobility services sector is worth up to US$200 billion today and is set to rise to US$1.5 trillion by 2030, it’s still a surprisingly fragmented industry. With the already-dizzying and ever-growing options… Continue reading Introducing the HERE Open Mobility Marketplace
CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV
The ghost of Faraday Future hovered over the glitzy launch of Byton’s electric, autonomous SUV at CES on Sunday. In 2017, Faraday Future’s billionaire boss Jia Yueting watched in horror as his supposedly self-driving FF91 car failed to park itself at its unveiling. That was just the start of a terrible year that saw Faraday… Continue reading CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV
China’s FAW Car Buys 10% Stake In Mobike’s Car-sharing Unit Mobike Chuxing
FAW Car Co Ltd., a Shenzhen Stock Exchange-listed passenger car maker will take a 10% stake in bike-sharing firm Mobike’s new car-sharing unit Mobike Chuxing Technology Co, according to a securities filing by FAW. Mobike’s venture in to car sharing could place it in direct competition with China’s largest ride sharing firm Didi Chuxing. The value of… Continue reading China’s FAW Car Buys 10% Stake In Mobike’s Car-sharing Unit Mobike Chuxing
Vauxhall plans another 250 job cuts at Ellesmere Port
Vauxhall is cutting another 250 jobs at its Ellesmere Port car plant on top of the 400 jobs it announced in October. The carmaker, now owned by France’s PSA Group – maker of Peugeot and Citroen – said it needed to “accelerate the recovery of plant productivity”. The Ellesmere Port plant in Cheshire, which makes… Continue reading Vauxhall plans another 250 job cuts at Ellesmere Port
Human resources planning and development: a key driver of Groupe PSA’s performance
• 2017-2019 Jobs and Skills Alignment System (DAEC): 9 January meeting between management and unions on extending measures as part of the DAEC 2018 plan In an unsettled environment, Groupe PSA’s performance is its best protection. It must ensure its sustainability and that of its employees’ jobs, relying on operational excellence, performance and agility. The… Continue reading Human resources planning and development: a key driver of Groupe PSA’s performance
Pressure increased before third round of negotiations: IG Metall covers industry nationwide with warning strikes
08/01/2018 Pressure increased before third round of negotiations IG Metall covers industry nationwide with warning strikes DPA Car industry: IG Metall announces warning strikes in the metal and electrical industry before the third round of negotiations Before the start of the third round of negotiations in the collective bargaining dispute between the metal and electrical… Continue reading Pressure increased before third round of negotiations: IG Metall covers industry nationwide with warning strikes
Volkswagen plans to dismiss all temporary contract workers in German plants
Volkswagen plans to dismiss all temporary contract workers in German plants By Dietmar Henning 8 January 2018 On 4 January, the Tagesschau newspaper reported that the Volkswagen Group plans to dismiss its entire temporary contract workforce by 2020. The move is a consequence of the “Future Pact” agreed by VW, the IG Metall union… Continue reading Volkswagen plans to dismiss all temporary contract workers in German plants
In 2017, 198,821 light commercial vehicles were registered
The year 2017 has closed with 198,821 light commercial vehicles registered in Spain, an amount that represents an increase of 15.5% over 2016. Within this category, vans have been the type of vehicle with the highest volume of registrations: 112,767 records and an increase of 10.3% with respect to the previous year. In the month… Continue reading In 2017, 198,821 light commercial vehicles were registered
McLaren Automotive achieves another year of record sales in 2017
5 Jan 2018 McLaren Automotive, the British creator of luxury sports cars and supercars, has recorded another record year of growth, selling a total of 3,340 cars in 2017. Around two-thirds of sales are attributed to the Sports Series family, the vast majority of which are new buyers to the brand, with the rest coming… Continue reading McLaren Automotive achieves another year of record sales in 2017