Every report points to incredible speed and efficiency when it comes to the launch of Tesla Gigafactory 3 in China A recent report via Yicai Global states that Tesla has already hired its first employees for Gigafactory 3 in Shanghai, China. If the report comes true, the staff will take their positions in the factory prior… Continue reading Tesla Gigafactory 3 Employees Begin Work This Month
Category: Automotive
GM CEO to United Auto Workers: ‘Our collective future is at stake’
UAW President Gary Jones and GM CEO and Chairman Mary Barra shaking hands at the event.Source: General MotorsDETROIT — General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for the future.
Barra, speaking during a ceremony to officially begin negotiations with the union, said the company and union need to be “agile, decisive and disciplined” together more than ever amid a “rapidly” changing auto industry.
“Today, we are at a turning point when it comes to the transformation of the industry and this company,” she said during the event inside GM's global headquarters in Detroit. “Our collective future is at stake. We cannot move forward without one another.”
UAW leaders took a different position, pledging to use contract negotiations this year with GM to fight the company's plans to potentially close four U.S. plants.
“Speaking on behalf of my brothers and sisters, know this, we will not leave no stone unturned,” UAW President Gary Jones said during the event. “We will fight to keep these union plants open and allocate more products here on American soil. It can be done.”
His comments came as about 80 laid-off workers and supporters from Lordstown Assembly, a plant in Ohio that GM idled in March, picketed outside GM's headquarters.
Barra did not directly address Lordstown or the other impacted plants in Michigan and Maryland during her remarks. She instead cited a need to be “proactive on all fronts because we are not here merely to survive, we are here to lead it and we are here to win.”
Impacted plantsIn November, GM initially announced five plants in North America, including one in Canada, would be “unallocated” of product and potentially close as part of a corporate restructuring aimed to cut $6 billion in costs a year by 2020. The plans, which impacted roughly 14,000 U.S. salaried and hourly workers, were hailed by investors as a way for the automaker to address production overcapacity in the U.S. but heavily criticized by union leaders and President Donald Trump, who demanded the company sell or reopen Lordstown.
Workers picketing outside GM's headquartersMichael Wayland | CNBC “Get that big, beautiful plant in Ohio open now,” Trump tweeted in March. “Close a plant in China or Mexico, where you invested so heavily pre-Trump, but not in the U.S.A. Bring jobs home!”
In May, GM announced it was in discussions with Workhorse Group Inc, a Cincinnati-based EV manufacturer, and an affiliate company to sell Lordstown Assembly. The plan was hailed by Trump but criticized by other public officials and union members for not being enough to fill the plant.
Dave Smith, a laid-off Lordstown worker who was picketing Tuesday in Detroit, said he hopes the union can deliver on bringing new product to the Ohio plant.
“It's going to kind of break up our family if I have to move,” said the 49-year-old Lordstown resident about potentially being assigned to another plant. Smith, who says he has worked at Lordstown Assembly for 24 years, also said “hopefully” Trump continues to push the company and helps the union “get a product back in there.”
Contract negotiationsThis year's contract talks between the union and Big Three Detroit automakers are expected to be the most contentious in at least a decade amid “America first” policies from the Trump administration, a tight labor market and thousands of job cuts and cost reductions as the industry prepares for an expected economic downturn.
Union leaders said this year's negotiations will set the wages and benefits for about 158,000 members. The outcome will also help steer investment plans for GM, Ford and Fiat Chrysler in the U.S. for the next several years.
UAW members and supporters from General Motors' Lordstown Assembly plant, which was idled in March, picket outside GM's headquarters, as 2019 contract negotiations get underway.Michael Wayland | CNBCGM is expected to have toughest negotiations this year with the union due to the automaker's potential plant closures.
The UAW and Ford were the first to officially open their negotiations Monday, followed by GM Tuesday morning and Fiat Chrysler Tuesday afternoon.
Mark Stewart, chief operating officer of FCA – North America, discussed the company's need to negotiate a flexible contract that will allow it to adapt to changes in the economy and automotive industry.
“We've got to continue to make the right strategic decisions together to continue our profitable growth so we can to invest right here in the U.S.,” he said during the event at the automaker's North American headquarters in Auburn Hills, Mich.
His remarks were similar to those of executives at GM and Ford, while the UAW's Jones reiterated the union's objectives to secure future investment and award UAW members for assisting the companies in achieving record profits in recent years.
“We are the voice of the American worker. We are the defenders of the middle class. And we are ready to talk,” Jones said to end his prepared remarks with each automaker, including Fiat Chrysler.
The contracts between the union and automakers all expire on Sept. 14, however it's common for that deadline to be pushed back weeks, if not months.
GM shares were relatively unchanged in trading Tuesday. The stock, which has a market value of $55.8 billion, is up 17% since January.
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Electromobility breakthrough: ZF’s new electric 2-speed e-drive solution for the best possible range from each battery charge
Mehr Reichweite oder bessere Performance? Hersteller von Elektrofahrzeugen können dank seines modularen Konzepts beide Ansätze mit dem 2-Gang-Antrieb von ZF verfolgen.
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More range or better performance? Thanks to this modular concept, manufacturers of electric vehicles can pursue both approaches with the 2-speed drive from ZF.
RIEDRICHSHAFEN, 16-Jul-2019 — /EuropaWire/ — ZF announced the world premiere of its first 2-speed e-drive system meant for passenger cars. The system integrates an advanced electric motor with a shift element and appropriate power electronics.
Extended driving range for each battery charge is achieved through the improvement in energy conversion efficiency compared to previous e-drives. Due to its compact design the new drive system is of particular interest to passenger cars in the compact class and thanks to its modular approach in the design the unit can easily be scaled up for use in sports and performance vehicles.
The passenger car sector already sees the next generation of electromobility with the introduction of ZF’s new electric 2-speed drive solution.
Commenting on the improvement in the energy conversion efficiency, Bert Hellwig, Head of System House at ZF’s E-Mobility division, said:
“For electric vehicles in everyday use, it is important to obtain as much range as possible from each battery charge. Every percent of improvement in energy conversion efficiency translates into two percent more range. Bringing together our know-how in relation to electric motors, gearboxes, and power electronics ensures that we achieve the best possible range from each battery charge.”
ZF leveraged its expertise in systems to work on and develop a new electric motor with a maximum power rating of 140 kW paired with a two-stage shift element in order to increase the performance rating of the new electric axle drive system.
Extending the range comes from the new 2-speed drive which consumes less energy as shifts take place at 70 km/h. It can extend the range of up to five percent as compared to a one-speed unit. Other shift strategies are also possible by connecting to the vehicle’s CAN communication possibly linking to digital map material and GPS. A possibly use is for the vehicle to predictively switch into Eco-mode, if it identifies from the GPS route programming how far the next charging station is. Furthermore, effective shifts will also be possible in taking into account the topography on the interstate, and on inter-city trips. Over-the-air updates are available for the software in the drive thanks to the network link to the Cloud services.
Presently, car markers can rely on two options when using the new new 2-speed drive to improve energy conversion efficiency. The OEM can either choose to go for an extended range while retaining the same size of accumulator, or utilize a smaller accumulator.
The unit is designed in a way that optimizes installation space, the 2-speed system is a perfect fit for compact passenger cars where interior space is at a premium. At the same time, the 2-speed concept offers also benefits for OEMs who are pursuing performance.
.Bert Hellwig explained further:
“Until now, with electric motors, vehicle manufacturers have had to choose between high initial torque and a high top speed. We are now resolving this conflict and the new drive will be compatible for performance and heavier vehicles – for example for passenger cars towing a trailer.”
The modular approach of ZF combines the 2-speed gearbox with even more powerful electric motors rated for up to 250 kW, which results in an enhanced acceleration and, potentially, faster top speeds. The new drive system can meet a variety of requirements with this modular concept.
Media contacts:
Frank Discher
Technology and Product Communications
phone: +49 7541 77-960770
e-mail: frank.discher@zf.com
Robert Buchmeier
Head of Technology and Product Communications, Heritage Communications
phone: +49 7541 77-2488
e-mail: robert.buchmeier@zf.com
SOURCE: ZF Friedrichshafen AG
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Dividend of EUR 0.75 per share approved at Grammer AG’s Annual General Meeting
12. Juli 2019
Hauptversammlung der Grammer AG beschließt Dividende von 0,75 Euro je AktieAmberg, 12. Juli 2019 – Die Aktionäre der Grammer AG haben heute im Rahmen der diesjährigen ordentlichen Hauptversammlung über die Vorschläge von Vorstand und Aufsichtsrat abgestimmt. Insbesondere wurde mit großer Mehrheit die Ausschüttung einer Dividende in Höhe 0,75 Euro je Aktie beschlossen. Ebenfalls mit großer Mehrheit wurden Vorstand und Aufsichtsrat für die Arbeit im Geschäftsjahr 2018 entlastet und die Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft Nürnberg erneut als Abschlussprüfer für das Geschäftsjahr 2019 gewählt. Die Abstimmung über ein neues genehmigtes Kapital mit der Möglichkeit zum teilweisen Ausschluss der Bezugsrechte wurde von der Hauptversammlung auf eine künftige Hauptversammlung vertagt. Damit wurde der Bitte des Mehrheitsaktionärs Rechnung getragen, der als Folge der mittelbaren Weiterreichung seines Grammer-Aktienbesitzes an die Ningbo Jifeng Auto Parts Co., Ltd. auf Genehmigungen chinesischer Aufsichtsbehörden angewiesen ist. Diese Genehmigungen wurden auf Basis der aktuellen Aktienzahl und der gegenwärtigen Kapitalstruktur von Grammer beantragt. Ein Beschluss über die Schaffung eines genehmigten Kapitals würde das laufende Genehmigungsverfahren unterbrechen, jedenfalls aber verzögern. Dies wäre wegen des damit verbundenen Aufwands nicht im Interesse von Grammer.
Auf der Hauptversammlung der Grammer AG waren über 86 Prozent des stimmberechtigten Grundkapitals vertreten. Damit lag die Präsenz der Aktionäre nochmals höher als die Rekordbeteiligung im Vorjahr.
„Das Geschäftsjahr 2018 und auch der bisherige Jahresverlauf 2019 sind für die gesamte Automobilindustrie von großen branchenbedingten und gesamtwirtschaftlichen Herausforderungen geprägt gewesen. Die Grammer AG hat sich in diesem schwierigen Marktumfeld behauptet, spürt aber auch die wirtschaftlichen Auswirkungen. So fiel unser organisches Wachstum 2018 im Automotivebereich etwas geringer aus als im Vorjahr. Mit der Auszahlung der Dividende tragen wir aber der guten Aufstellung des Konzerns Rechnung und lassen die Aktionäre am Erfolg des Unternehmens partizipieren“, sagte Manfred Pretscher, Vorstandsvorsitzender der Grammer AG.
Unternehmensprofil
Die Grammer AG mit Sitz in Amberg ist spezialisiert auf die Entwicklung und Herstellung von Komponenten und Systemen für die Pkw-Innenausstattung sowie von gefederten Fahrer- und Passagiersitzen für On- und Offroad-Fahrzeuge. Im Segment Automotive liefern wir Kopfstützen, Armlehnen, Mittelkonsolen, hochwertige Interieur-Komponenten und Bediensysteme sowie innovative thermoplastische Lösungen für die Automobil-Industrie an namhafte Pkw-Hersteller im Premiumbereich und an Systemlieferanten der Fahrzeugindustrie. Das Segment Commercial Vehicles umfasst die Geschäftsfelder Lkw- und Offroad-Sitze (Traktoren, Baumaschinen, Stapler) sowie Bahn- und Bussitze. Mit rund 15.000 Mitarbeitern ist Grammer in 19 Ländern weltweit tätig. Die Grammer Aktie ist im Prime Standard notiert und wird an den Börsen München und Frankfurt sowie über das elektronische Handelssystem Xetra gehandelt.
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