FRANKFURT/BEIJING (Reuters) – China’s Great Wall Motor (601633.SS)(2333.HK) may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets. FILE PHOTO: A woman talks on her phone as she walks past a sign… Continue reading Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman
Tag: Financial Results
Uber lays off 435 people across engineering and product teams
Uber has laid off 435 employees across its product and engineering teams, the company announced today. Combined, the layoffs represent about 8% of the organization, with 170 people leaving the product team and 265 people leaving the engineering team. The layoffs had no effect on Eats, which is one of Uber’s top-performing products, and Freight,… Continue reading Uber lays off 435 people across engineering and product teams
Tesla is working on 5th assembly line at Fremont factory ahead of Model Y production
Tesla is preparing a fifth assembly line at its Fremont, California, factory as it prepares to add Model Y production to the already very busy plant. There have been a lot of talks about how many cars Tesla could produce at the Fremont factory. When it was operated by Toyota and GM, the plant had… Continue reading Tesla is working on 5th assembly line at Fremont factory ahead of Model Y production
Interview: Alain Visser, Chief Executive, Lynk & Co International – Automotive World
The design of an office is usually a good indicator of how a company likes to operate. Many traditional corporate offices resemble the waiting area of a dental practice—clean, traditional and often due a revamp. Despite its business in manufacturing vehicles, Geely subsidiary Lynk & Co is adamant that it is not like the other… Continue reading Interview: Alain Visser, Chief Executive, Lynk & Co International – Automotive World
CORRECTED-UPDATE 2-Ford makes big electric push in Europe with new launches
(Reuters) – Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022. FILE PHOTO: The Ford logo is seen at the Ford oldest Brazil plant in Sao… Continue reading CORRECTED-UPDATE 2-Ford makes big electric push in Europe with new launches
Recovery first: for next Nissan CEO, priority is profit before Renault partnership
TOKYO (Reuters) – The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say. FILE PHOTO: A Nissan logo is pictured during the media day for the Shanghai auto show… Continue reading Recovery first: for next Nissan CEO, priority is profit before Renault partnership
Mini plant could cut shifts in event of no-deal
Media playback is unsupported on your device Workers at the Mini plant in Oxford could see their shifts cut in the event of a no-deal Brexit, BMW’s finance chief has told the BBC. Nicolas Peter said production was likely to fall at the Cowley factory, affecting jobs. But he said BMW, which also makes Minis… Continue reading Mini plant could cut shifts in event of no-deal
Next Steps Towards Electrification of European Business
Honda make a series of announcements as the next phase of its “Electric Vision” strategy for Europe takes shape Honda e makes first appearance in final mass production form Next-generation Jazz confirmed to be 100% hybrid in Europe market Further information given on Honda’s developing energy management technologies First energy management services to be available… Continue reading Next Steps Towards Electrification of European Business
HONDA ANNOUNCE NEXT STEPS TOWARDS ELECTRIFICATION OF EUROPEAN BUSINESS
Honda make a series of announcements as the next phase of its “Electric Vision” strategy for Europe takes shape Honda e makes first appearance in final mass production form Next-generation Jazz confirmed to be 100% hybrid in Europe market Further information given on Honda’s developing energy management technologies First energy management services to be available… Continue reading HONDA ANNOUNCE NEXT STEPS TOWARDS ELECTRIFICATION OF EUROPEAN BUSINESS
Next milestone: BMW Group aims to have one million electrified vehicles on the roads in 2021
Munich. The BMW Group is focusing on the next electromobility milestone: “By the end of 2021, we aim to have a total of one million electrified vehicles on the roads,” stated Oliver Zipse, Chairman of the Board of Management of BMW AG, at the International Motor Show (IAA) in Frankfurt on Tuesday. “We are already… Continue reading Next milestone: BMW Group aims to have one million electrified vehicles on the roads in 2021