VinFast, a subsidiary of Vietnam’s biggest private firm Vingroup, presented three models and their prices at its maiden show in Hanoi Tuesday afternoon. Its five-seat sedan Lux A2.0 and seven-seat SUV Lux SA 2.0, which had already been revealed to the public for the first time at the Paris Motor Show last month, cost VND800… Continue reading Vietnam’s VinFast presents models, prices
Tag: PSA
VinFast unveils prices for first car models
Its five-seat sedan Lux A2.0 and seven-seat SUV Lux SA 2.0, which had already been revealed to the public for the first time at the Paris Motor Show last month, cost VND800 million ($34,305) and VND1.136 billion ($48,709) respectively. The smaller hatchback Fadil, presented for the very first time, costs VND336 million ($14,410). These prices… Continue reading VinFast unveils prices for first car models
VinFast car prices fail to convince Vietnamese consumers
VinFast presented three models and their prices at its maiden show in Hanoi Tuesday afternoon. Its five-seat sedan Lux A2.0 and seven-seat SUV Lux SA 2.0, which had already been revealed to the public for the first time at the Paris Motor Show last month, cost VND800 million ($34,305) and VND1.136 billion ($48,709) respectively. The… Continue reading VinFast car prices fail to convince Vietnamese consumers
Vauxhall Owner Is Considering Closing a Factory Post Brexit
Vauxhall Owner Is Considering Closing a Factory Post Brexit BloombergFull coverage Go to Source
Kia dealer network sees 5% rise in profitability
These are good times at Kia. Against a downward curve of new car registrations so far this year, year-on-year lower by 7.5% across the industry over the first nine months, Kia is one of very few to have managed an increase. It has bucked the trend with sales up by 2.8%. While WLTP and other… Continue reading Kia dealer network sees 5% rise in profitability
PowerSphyr Raises $4M in Series A Focusing on Automotive “Cockpit of the Future”
DANVILLE, Calif., Nov. 8, 2018 /PRNewswire/ — PowerSphyr, Inc. today announced an increased investment from Faurecia, one of the world’s leading automotive technology companies. “This is the ultimate ‘smart money’ investment given Faurecia’s commitment to deliver the truly connected car,” said Neil Ganz, President, and CEO. “This investment brings embedded wireless power to the global automotive… Continue reading PowerSphyr Raises $4M in Series A Focusing on Automotive “Cockpit of the Future”
PSA may still close a UK Vauxhall factory post-Brexit
Previously, PSA Group CEO Carlos Tavarez stated that the Ellesmere Port plant must close the cost and quality gap between it and its European equivalents if it’s to survive. Speaking at the 2018 Geneva motor show, Tavares highlighted that the PSA Group’s plants, including those that came as part of the Opel and Vauxhall acquisition, will all have… Continue reading PSA may still close a UK Vauxhall factory post-Brexit
Opel Installs Over 160 Charging Stations At R&D Center
Opel CEO Michael Lohscheller: “Opel will be electric.” Opel announced a new project at the Engineering Center at the company headquarters in Rüsselsheim, Germany. Within a few months, more than 160 charging stations are to be installed to create a laboratory for electric mobility. The new infrastructure will become handy as Opel intends to introduce… Continue reading Opel Installs Over 160 Charging Stations At R&D Center
PSA Vigo proposes to eliminate a shift of the M1 and apply an ERTE to 400 workers for 50 days
Posted 12/11/2018 14: 46: 49CET VIGO, 12 Nov. (EUROPA PRESS) – The management of the Vigo plant of the PSA Group has proposed on Monday to the works committee the application of a suspension regulation file of suspension for 50 days, potentially affecting about 400 employees of the M1 – which assembles the Peugeot models… Continue reading PSA Vigo proposes to eliminate a shift of the M1 and apply an ERTE to 400 workers for 50 days
PSA will close its small factory in Saint-Ouen
The end of the story was predictable. The PSA site in Saint-Ouen (Seine-Saint-Denis) should be closed by 2021. The management convened on Monday an extraordinary Central Works Council on November 21st, to detail the decision and accompanying measures planned for the 347 employees enrolled in the workforce. A works council is scheduled on site the… Continue reading PSA will close its small factory in Saint-Ouen