Tag: PSA

EXCLUSIVE PSA should soon break the threshold of 50,000 employees in France

PSA continues its cure. This year again, the French car manufacturer intends to reduce its workforce in France – a little less than during the past year and still without dry or forced layoffs. According to our information, the objective of the group management is to obtain by the end of December 1,900 voluntary departures,… Continue reading EXCLUSIVE PSA should soon break the threshold of 50,000 employees in France

Alternative concept to Segula Deal: IG Metall is vehemently opposed to Opel part sales

IG Metall is against an Opel part sale MunichIn January a few did OpelEmployees on their way to get to know that company better, to which the management of the Hessian car manufacturer Wants to outsource 2000 of 7000 engineers, At the headquarters of Segula Technologies in Rüsselsheim arrived, many were unpleasantly surprised: They found… Continue reading Alternative concept to Segula Deal: IG Metall is vehemently opposed to Opel part sales

Marshall acquires Sandicliffe Skoda franchises in Nottingham and Leicester

Marshall Motor Group has acquired Sandicliffe Motor Group’s Skoda franchises in Nottingham and Leicester to its portfolio of UK dealership sites. The AM100’s seventh-placed retail group took its representation of the Czech brand to seven sites across the UK with the move, which was announced by chief executive, Daksh Gupta, via Twitter over the weekend.… Continue reading Marshall acquires Sandicliffe Skoda franchises in Nottingham and Leicester

FAURECIA LAUNCHES ITS TENDER OFFER ON CLARION TO BECOME A GLOBAL LEADER IN COCKPIT ELECTRONICS SYSTEMS – GlobeNewswire

Nanterre (France), January 29, 2019Faurecia LAUNCHES ITS TENDER OFFER ON CLARIONto become a global leader in cockpit electronics systemsAs per the announcement made on October 26th, 2018, following clearance from relevant antitrust authorities, Faurecia today announced that it will launch its tender offer for the acquisition of all shares of Clarion Co, Ltd, listed on… Continue reading FAURECIA LAUNCHES ITS TENDER OFFER ON CLARION TO BECOME A GLOBAL LEADER IN COCKPIT ELECTRONICS SYSTEMS – GlobeNewswire

Collaborate Announces New Subscription Service

Carly will provide flexibility that many drivers are now seeking by removing  the long term financial commitment required to buy or finance a vehicle — removing the need to lock into long-term debt. Photo courtesy of Collaborate.  Collaborate, the ASX-listed company behind peer-to-peer car rental platform DriveMyCar, will be launching Carly — Australia’s first flexible car… Continue reading Collaborate Announces New Subscription Service

PSA is now also testing in China

The auto coalition PSA may now test the autonomous driving on the public roads of China. So far, some Chinese companies and Western manufacturers are testing BMW. Mercedes Benz and ford in co-operation with Baidu the autonomous driving in China, Now comes the French carmaker PSA (Citroën and Peugeot). PSA Prototype Autonomous Driving It is… Continue reading PSA is now also testing in China

Hyundai’s chief designer: We’re chasing legends now, not just sales – Motor Authority

Luc Donckerwolke Luc Donckerwolke is one of us. The 53-year-old designer—born in South America, trained in Brussels, and chief designer for a South Korean global automaker—speaks with a soft French timbre that rises and falls mid-sentence. It makes every clause of every sentence sound like a playful question. He smiles in a captivating way that… Continue reading Hyundai’s chief designer: We’re chasing legends now, not just sales – Motor Authority

UK and European mergers and acquisitions unlikely to cause a flood

A new report from ICDP has taken a close look at recent merger and acquisition transactions in the UK and Europe to find out how changes in ownership may develop in the future. Its findings show that “The UK has seen continual consolidation domestically through medium and small deals executed by the large groups. But… Continue reading UK and European mergers and acquisitions unlikely to cause a flood

Bosch buys out Daimler at EM-motive

Automotive supplier Robert Bosch has acquired Daimler’s stake in EM-motive, a manufacturer of motors for electric and hybrid cars set up as a joint venture by both companies.  For Bosch, the acquisition is the “next logical step on the path to market leadership in electromobility”, said Stefan Hartung, member of the company’s board of management… Continue reading Bosch buys out Daimler at EM-motive