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Tag: PSA
FAURECIA : STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS
https://edge.media-server.com/m6/p/a5nxrnicThe replay will be available at the same link in the afternoon.CalendarMay 15, 2018: Capital Markets Day focused on Smart Life on Board (Paris)May 29, 2018: Annual Shareholders’ Meeting (Paris)July 20, 2018: H1 2018 results announcement (before market hours)October 4-14, 2018: Faurecia’s presence at Paris Mondial de l’AutoOctober 11, 2018: Q3 2018 sales announcement (before… Continue reading FAURECIA : STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS
Peugeot boss faces toughest adversary yet in IG Metall
PARIS/FRANKFURT (Reuters) – PSA Group (PEUP.PA) boss Carlos Tavares, whose career has seen him thrash out margin-boosting labor deals for two carmakers in several countries, is now taking on Germany’s IG Metall union, which has been the undoing of many a cost cutter. FILE PHOTO: Chairman of the Managing Board of PSA Group Carlos Tavares… Continue reading Peugeot boss faces toughest adversary yet in IG Metall
UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
HAMBURG/FRANKFURT (Reuters) – German labor leaders fear Opel’s Eisenach factory could lose half its 1,800 workforce unless a deal is struck with owner PSA Group (PEUP.PA) over working conditions, amid escalating tensions between German union IG Metall and Opel’s management. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph… Continue reading UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
PSA puts German Opel factories in the face of their reality
Out of the question of letting go of the ballast. The showdown continues between PSA and IG Metall, engaged in stormy discussions about the future of German Opel factories – the new property of Maison Peugeot. If the powerful union does not want to give up wage increases foreseen in the sectoral agreement without any… Continue reading PSA puts German Opel factories in the face of their reality
Opel says that the costs of its German plants are double that of the rest of PSA
Posted 04/19/2018 13:22:46 CET HAMBURG (GERMANY), Apr. 19 (Reuters / EP) – The CEO of Opel, Michael Lohscheller, stressed that the plants of the company in Germany have costs that are double that of the other factories that the PSA Group has in other countries. Lohscheller made these statements to his employees in the framework… Continue reading Opel says that the costs of its German plants are double that of the rest of PSA
New 2019 Vauxhall Astra facelift gears up for fight with Focus
The Vauxhall Astra, one of the UK’s most popular new cars, will be given cosmetic and engineering tweaks next year to keep it competitive. And these spy shots of the car testing in Germany are our first sighting of the new model. By the time the updated Astra lands in dealers during the second half… Continue reading New 2019 Vauxhall Astra facelift gears up for fight with Focus
Merkel agrees with Opel employees
The Opel owner Peugeot wants to cancel the Eisenach site, apparently half of the jobs. The Chancellor now promises help to the staff – and reminds the French of their promise to take over. Merkel in Bad Schmiedeberg Wednesday, 18.04.2018 17:55 clock After reports of cuts at Opel’s Eisenach site, German Chancellor Angela Merkel has… Continue reading Merkel agrees with Opel employees
Opel CEO says German costs twice those of other plants -source
HAMBURG (Reuters) – Some of Opel’s German plants cost twice as much to run as new French owner PSA Group’s (PEUP.PA) other factories, Opel’s chief executive told employees as the company tries to hammer out an effiency deal with labor leaders in return for investments. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim,… Continue reading Opel CEO says German costs twice those of other plants -source
Groupe PSA: Creation of a Business Unit Dedicated to the Circular Economy in the Aftermarket Véronique Morel Appointed SVP of the new BU
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) consistently strives to ensure the sustainability of its products through various commercial repair channels that help to reduce the amount of waste generated. The Group’s brands have two parts offerings and a service offering drawing on the circular economy. The Circular Economy Aftermarket Business Unit is being created… Continue reading Groupe PSA: Creation of a Business Unit Dedicated to the Circular Economy in the Aftermarket Véronique Morel Appointed SVP of the new BU