(Adds background, further comments from Tavares, paragraphs 2-7) By Joseph White Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of… Continue reading UPDATE 1-Peugeot CEO: U.K. plants uncompetitive, open to S. America alliance
Category: Automotive
Daimler, Bosch hit by walkouts in sector-wide labour dispute
FRANKFURT (Reuters) – Some 44,000 German workers at companies including Mercedes maker Daimler (DAIGn.DE) and automotive supplier Bosch [ROBG.UL] took part in industrial action on Thursday as powerful labor union IG Metall and employers held regional wage talks. Citing robust German economic growth and record low joblessness, IG Metall union is demanding 6 percent more… Continue reading Daimler, Bosch hit by walkouts in sector-wide labour dispute
Seat and the University of Oviedo will collaborate in the design and optimization of the wiring of vehicles
Posted 1/18/2018 6:26:19 PM OVIEDO, 18 Jan. (EUROPA PRESS) – The University of Oviedo and Seat have signed a collaboration agreement, through the University of Oviedo Foundation, through which the Asturian academic institution has become part of the company’s doctoral program. As a result of this agreement, SEAT will finance during the next three years… Continue reading Seat and the University of Oviedo will collaborate in the design and optimization of the wiring of vehicles
Peugeot CEO to meet with UK unions, govt officials
Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of its plants in France. Peugeot has already begun cutting jobs in… Continue reading Peugeot CEO to meet with UK unions, govt officials
Lyft Is Inspiring More People to Give Up Their Own Cars
Photo illustration by Slate. Photo by iStock. 2017 was a good year for Lyft. The company got a $1 billion cash infusion from Alphabet, Google’s parent company. It embarked upon new partnerships on the research-and-development front. And its main competitor Uber suffered a year of sexual harassment allegations, lawsuits, and executive turnover. Coincidentally, Lyft had… Continue reading Lyft Is Inspiring More People to Give Up Their Own Cars
BMW claims its upcoming Tesla rival will have almost double the range of a Model 3 (TSLA)
While we don’t know what the iNext will look like yet, BMW has released concepts hinting at what future cars may look like. BMW BMW said its upcoming iNext electric vehicle will be able to drive up to 435 miles per charge. That would nearly double the range of the base version Tesla Model 3, which… Continue reading BMW claims its upcoming Tesla rival will have almost double the range of a Model 3 (TSLA)
PSA: adopted, the project of conventional collective breaks will affect the three northern factories
PSA has achieved that Pimkie failed to do : to accept a project of collective collapseby the unions. The project was adopted by majority on Thursday 18th January by FO, CFDT, CFTC and CIA. The CGT, the first union of the group among the workers and the CFE CGC, majority among the executives, refuse for… Continue reading PSA: adopted, the project of conventional collective breaks will affect the three northern factories
Hyundai will increase its sales in Spain by 12% this year, with more than 62,000 units
Posted 1/18/2018 5:47:16 PM Its dealers closed 2017 with a profitability above 2% MADRID, Jan. 18 (EUROPA PRESS) – The South Korean automotive firm Hyundai expects to close this year with a volume of sales in Spain of about 62,000 units, which will represent a progression of 12% compared to 2017 data, announced the CEO… Continue reading Hyundai will increase its sales in Spain by 12% this year, with more than 62,000 units
Diesel sales: Mercedes will sell more diesel cars in 2017
Mercedes Benz In the past year, the market share of diesel cars fell in 2017 to 38.8 percent from 45.9 percent. In absolute terms, this is a drop of just over 200,000 to 1.33 million cars. (Photo: Reuters) Despite the general decline in demand for diesel passenger cars in Germany, Mercedes-Benz was able to boost… Continue reading Diesel sales: Mercedes will sell more diesel cars in 2017
Peugeot ‘very open’ to alliance in Latin America – CEO
Jan 18 (Reuters) – Peugeot SA is “very open” to a potential alliance in Latin America, the chief executive of the French automaker, Carlos Tavares, said during a media briefing on Thursday. Tavares declined to say whether Peugeot planned to discuss a partnership with Ford Motor Co. His remarks come two days after Ford executives… Continue reading Peugeot ‘very open’ to alliance in Latin America – CEO