Workers at a General Motors plant in Mexico who produce the company’s profitable Chevrolet Silverado and GMC Sierra pickups will get a new opportunity to vote on their collective bargaining agreement. The Biden administration and Mexican government announced a deal Thursday for a new vote before Aug. 20. Concerns were raised about an earlier vote… Continue reading Workers at GM plant in Mexico to get another shot at union vote after violations found
Category: Automotive
Tesla and real-estate giant Brookfield are building a neighborhood in Austin full of renewable-energy tech
Tesla is teaming up with real-estate developers Brookfield and Dacra to build houses in Austin. Homes in the sustainable neighborhood will be equipped with Tesla solar roofs and battery storage. The houses, which are already under construction, will be for sale. See more stories on Insider’s business page. Elon Musk wants in on Texas’ red-hot… Continue reading Tesla and real-estate giant Brookfield are building a neighborhood in Austin full of renewable-energy tech
@GM: General Motors Sustains Strong Momentum in China in Second Quarter July 9, 2021
SHANGHAI – General Motors and its joint ventures sustained robust momentum in China in the second quarter and delivered more than 750,000 vehicles, an increase of 5.2% from a year earlier. The growth was driven by luxury and premium vehicles, midsize/large SUVs and MPVs, including the Cadillac CT5 and XT6, and Buick LaCrosse, Enclave and… Continue reading @GM: General Motors Sustains Strong Momentum in China in Second Quarter July 9, 2021
Hyzon Motors signs Australian subsidiary of Korea Zinc, world’s largest zinc producer, as the second customer for its ultra-heavy-duty 154-ton class hydrogen truck
ROCHESTER, N.Y., July 9, 2021 /PRNewswire/ — Hyzon Motors Inc. announced today the signing of a Heads of Agreement targeting delivery of five hydrogen fuel cell-powered trucks to Ark Energy Corporation, the Australian subsidiary of the world’s largest zinc, lead and silver producer, Korea Zinc Ltd. Hyzon, a leading global supplier of zero-emission hydrogen fuel cell-powered… Continue reading Hyzon Motors signs Australian subsidiary of Korea Zinc, world’s largest zinc producer, as the second customer for its ultra-heavy-duty 154-ton class hydrogen truck
@VW Group: Group result after tax 2021003420
Stuttgart, 9 July 2021. Volkswagen AG, Wolfsburg, has announced today, that the operating profit for the first half of 2021 is expected to be around 11 billion euros. Volkswagen now expects an impact from the bottleneck in semiconductors rather in the second half of the year. No statements have been made concerning the estimated result… Continue reading @VW Group: Group result after tax 2021003420
@VW Group: Volkswagen’s Supervisory Board welcomes new Group strategy – New service contract for Chairman of the Board of Management Dr. Herbert Diess003421
Dr. Herbert Diess will stay at the helm of the Volkswagen Group until October 2025. On Friday, the Supervisory Board of Volkswagen AG approved a new service contract with a corresponding term. This means that Dr. Diess will remain the Chairman of the Board of Management until his 67th birthday. The Supervisory Board was also… Continue reading @VW Group: Volkswagen’s Supervisory Board welcomes new Group strategy – New service contract for Chairman of the Board of Management Dr. Herbert Diess003421
@VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420
The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit. Also the reported Automotive net cash position showed a very positive development. The bottleneck in semiconductors has shifted and will… Continue reading @VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420
@VW Group: Porsche Design and Steigenberger to establish joint hotel brand003423
*Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance with the WLTP will, in many cases,… Continue reading @VW Group: Porsche Design and Steigenberger to establish joint hotel brand003423
Juice Technology to produce custom chargers for BMW Group production lines and dealerships
Swiss charging station manufacturer Juice Technology has won a contract to supply its JUICE BOOSTER 2 charging solution to BMW Group production lines and the majority of BMW dealerships in Germany. As automakers electrify, they need to upgrade and retrofit their production and servicing facilities to accommodate EVs, and creating a suitable charging infrastructure is… Continue reading Juice Technology to produce custom chargers for BMW Group production lines and dealerships
@Groupe PSA: PR Opel to go fully electric, enter Chinese market and launch Manta-e002074
Rüsselsheim. Opel is opening the next chapter of its comprehensive electrification offensive: The tradition-rich German brand is currently not only expanding the electric model portfolio but will focus entirely on battery electric vehicles in Europe as of 2028. Opel will also enter the world’s largest automobile market China –as a purely electric brand. Furthermore, the… Continue reading @Groupe PSA: PR Opel to go fully electric, enter Chinese market and launch Manta-e002074