Jerry Dias has his eye on Honda and Toyota now. The president of Unifor, the union representing Detroit Three autoworkers in Canada, said contract talks with Ford Motor Co. went so well that nonunion workers have begun making inquiries, wondering if the time has come to join. The Ford deal announced Sept. 28 included a $1.5 billion (U.S.) investment… Continue reading Ford wage, benefits fuel union buzz at Honda, Toyota, says Unifor leader
Tag: Strategy
Citygate Automotive acquires Škoda outlet from Lookers
Citygate Automotive has added its third Škoda outlet with the acquisition of the West London franchise from Lookers, for an undisclosed sum. This follows the group’s recent acquisitions of West London Volkswagen and Twickenham Volkswagen earlier this year. Employing over 650 staff, the company’s latest purchase increases its portfolio to 14 dealerships across London and… Continue reading Citygate Automotive acquires Škoda outlet from Lookers
@BMW: Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 above market expectations000661
Munich. The preliminary free cash flow for the Automotive segment of BMW AG in the third quarter 2020 amounts to €3,065 million (previous year: €714 million) and thus exceeds current market expectations. This was due in particular to a faster recovery in several markets, which led to higher sales growth. In addition, a focused management has… Continue reading @BMW: Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 above market expectations000661
Analyst Report: Magna International Inc.
TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets thrive on risk, but risk is hard to talk about. It’s easy to fall back on cliches – buy low and sell high, or the bulls and bears make money while the pigs get slaughtered – but those cliches have drifted into… Continue reading Analyst Report: Magna International Inc.
Analyst Report: Aptiv PLC
TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets thrive on risk, but risk is hard to talk about. It’s easy to fall back on cliches – buy low and sell high, or the bulls and bears make money while the pigs get slaughtered – but those cliches have drifted into… Continue reading Analyst Report: Aptiv PLC
@Ford: Ford Motor Company Issues Two Safety Recalls in North America and One Safety Compliance Recall in Canada
DEARBORN, Mich., Oct. 19, 2020 – Ford Motor Company is issuing two safety recalls in North America and one safety compliance recall in Canada. Safety recall for select 2019-20 Ford Transit Connect vehicles equipped with the 2.5-liter engine In affected vehicles, the software calibration for the engine failsafe cooling strategy contains temperature threshold values that… Continue reading @Ford: Ford Motor Company Issues Two Safety Recalls in North America and One Safety Compliance Recall in Canada
Citygate Automotive acquires Lookers’ West London Škoda car dealership
Citygate Automotive has completed the acquisition of Lookers’ West London Škoda dealership for an undisclosed sum. The AM100 2019’s 69th-ranked retailer by turnover has grown its representation with the Volkswagen Group’s Czech brand to three locations with the deal. Citygate’s acquisition of the facility, on Great West Road, Brentford, comes nine months after its acquisitions… Continue reading Citygate Automotive acquires Lookers’ West London Škoda car dealership
GM Delays Closing $2 Billion Nikola Deal As Founder Scandal Escalates – Observer
Nikola and GM won’t close the $2 billion deal on time. Nikola Corp Hydrogen electric truck startup Nikola is facing more troubles as the company grapples with the fallout of recent short-seller attacks and the abrupt resignation of founder and chairman Trevor Milton. Nikola’s latest investor and manufacturing partner, General Motors, seems to be reconsidering the… Continue reading GM Delays Closing $2 Billion Nikola Deal As Founder Scandal Escalates – Observer
Roper Technologies, Inc. — Moody’s announces completion of a periodic review of ratings of Roper Technologies, Inc.
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Roper Technologies, Inc. Global Credit Research – 24 Aug 2020 New York, August 24, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Roper Technologies, Inc. and other ratings that are associated with the same… Continue reading Roper Technologies, Inc. — Moody’s announces completion of a periodic review of ratings of Roper Technologies, Inc.
Ford joins Copper Mark, assures environmental commitment in supply chain
Copper cathodes. Ford uses significant quantities of copper in instrument panel wiring, engine wiring, cables and converters. Ford has become the first corporate partner to The Copper Mark, the only comprehensive social and environmental assurance program for the copper industry. The partnership, finalized earlier this year, aligns with Ford’s sustainability goal to responsibly source all… Continue reading Ford joins Copper Mark, assures environmental commitment in supply chain