This is an unexpected news just announced by Louis Gallois. On the occasion of thegeneral meeting PSA, which he chairs the supervisory board, the former boss of Airbus announced that he would leave his post in 2020 if he was re-elected on Tuesday. Louis Gallois, 74 years old, says he will use the next two… Continue reading PSA: Louis Welsh will leave the presidency by 2020
Tag: PSA
CEO Tavares insists on tough austerity measures
At Opel, the fronts between the workforce and the French mother Peugeot harden. Despite protests and good numbers, CEO Tavares urges a wage waiver. Opelians protest in Eisenach, Thuringia Tuesday, 24.04.2018 5:32 pm Because of the planned renovation of the OpelWorks in Germany, the workforce goes with the parent company Peugeot SA (PSA) on confrontation… Continue reading CEO Tavares insists on tough austerity measures
Press Releases – CO2 from new cars up as petrol overtakes diesel, 2017 data shows
Brussels, 24 April 2018 – The year 2017 saw two new and related trends in EU car registrations: an increase in CO2 emissions coupled with a rise in petrol sales, according to new data from the European Environment Agency (EEA) and the European Automobile Manufacturers’ Association (ACEA). According to the figures published by the EEA… Continue reading Press Releases – CO2 from new cars up as petrol overtakes diesel, 2017 data shows
Groupe PSA: Q1 2018 Revenue Sharp Growth
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) Group Q1 2018 revenue amounted to €18,182 million, compared with €12,798 million in Q1 2017. At constant 2015 exchange rate and perimeter, 2018 Group revenue was up 21.6%4. PCD Automotive division revenue amounted to €10,214 million up by 13.3% compared to Q1 2017. This increase was mainly driven… Continue reading Groupe PSA: Q1 2018 Revenue Sharp Growth
Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more
This week’s snippets of automotive news include news on Lynk&Co‘s strategy, Toyota Supra, Citroën internet sales and driving modes. Lynk&Co’s strategy: New subscription-based marque Lynk&Co is aiming to sell cars to “people who don’t want to buy cars”, and boss Alain Visser said this approach has changed the way he recruits. The former Ford and… Continue reading Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more
Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Sergio Marchionne spent the last 14 years transforming Fiat Chrysler Automobiles NV through a series of spinoffs and mergers from a near-bankrupt Italian conglomerate into the best-performing U.S. automaker. His pending exit may open the door for the next big deal. Marchionne, 65, is set to start his final year as chief executive officer after… Continue reading Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
ADAC tests cars with emission standard Euro 6d-temp: New diesels are clean – but expensive and thirsty
All articles and backgrounds 04/23/2018 ADAC tests cars with emission standard Euro 6d-temp New diesels are clean – but expensive and thirsty BMW BMW X2 It goes: New diesel cars, which meet the emission standard Euro 6d temp, are apparently actually very clean. The first nitric oxide measurements of the ADAC on three vehicles suggest… Continue reading ADAC tests cars with emission standard Euro 6d-temp: New diesels are clean – but expensive and thirsty
New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit
All articles and backgrounds 04/23/2018 New boss Diess with tailwind Volkswagen should deliver 4.4 billion euros profit REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position… Continue reading New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit
“We want to invest in Eisenach”
*/ ]]> [embedded content] ↑ Video: Opel boss Michael Lohscheller addresses the employees of the Thuringian factory. As of April 2018 Go to source
GM, Korean union reach tentative deal on wages, workers
Youkyung Lee, Associated Press Published 6:21 a.m. ET April 23, 2018 GM Korea CEO Kaher Kazem, left, talks with GM Executive Vice President Barry Engle after a tentative agreement reached between the GM Korea’s management and labor union at GM Korea’s factory in Bupyeong, South Korea, April 23, 2018. (Photo: Yun Tae-hyung / AP) Seoul,… Continue reading GM, Korean union reach tentative deal on wages, workers