Tag: PSA

Europcar and Snappcar develop their private hire service

Services By Samia Ben Ahmed, the 22/02/2018 Since June 2017, Europcar holds a 20% stake in the Dutch start-up. Europcar, in partnership with SnappCar, launches the Drive & Share mobility service in Germany and Denmark. A deployment that follows the success of this service in France. New mobility solutions are on the rise! Europcar partners… Continue reading Europcar and Snappcar develop their private hire service

Groupe PSA and Qualcomm advance testing for communication between vehicles

•    Cellular Vehicle-to-Everything (C-V2X) communication technology with the evolution towards 5G is a relevant step for connected and autonomous vehicle deployment and for enhanced road safety•    C-V2X technology trial will lead to a commercial deployment from 2020   •    Groupe PSA and Qualcomm Technologies will showcase France’s first C-V2X demonstration at In&Out Digital Mobility event in… Continue reading Groupe PSA and Qualcomm advance testing for communication between vehicles

2018 Renault Zoe electric car: more powerful motor to go with last year’s bigger battery

Follow John 2018 Renault Zoe electric car in Purple Blackberry paint color Enlarge Photo The subcompact Renault Zoe hatchback has been Europe’s best-selling electric car for several years now. Last year, sales soared after it received a major upgrade to its battery pack, which grew to 41 kilowatt-hours, up from 22 kwh in earlier versions,… Continue reading 2018 Renault Zoe electric car: more powerful motor to go with last year’s bigger battery

Groupe PSA and Qualcomm advance C-V2X testing for communication between vehicles

Groupe PSA and Qualcomm advance C-V2X testing for communication between vehicles 2018-02-21 Cellular Vehicle-to-Everything (C-V2X) communication technology with the evolution towards 5G is a relevant step for connected and autonomous vehicle deployment and for enhanced road safety C-V2X technology trial will lead to a commercial deployment from 2020   Groupe PSA and Qualcomm Technologies will showcase… Continue reading Groupe PSA and Qualcomm advance C-V2X testing for communication between vehicles

The auto subcontractor Maike dismantled

Maike Automotive, 1,450 employees, did not escape the dismantling. In difficulty, this large automotive subcontractor in the Arve Valley, in Haute-Savoie, had been placed in backup procedure last summer. After a process of several months, the Grenoble Commercial Court rendered its deliberations on Tuesday: it has awarded two of its four companies, Frank & Pignard… Continue reading The auto subcontractor Maike dismantled

PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

At its meeting on February 15, 2018, the Faurecia Board of Directors decided to submit a proposal to shareholders to convert Faurecia as a “European Company” (Societas Europaea, SE) Around half of Faurecia’s sales currently come from Europe, where the Group has around 45,000 employees – including 10 000 in France – in 110 production sites… Continue reading PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

Record order intake at €62 Bn, up €9 Bn. Acceleration of innovation strategy. Proposed dividend of €1.10 per share, up 22% year-on-year in €m 2016 2017 Change Sales* 15,613.6 16,962.2 +10.6%** Operating income 970.2 1,170.3 +20.6% as % of sales 6.2% 6.9% +70bps Net income from continued operations 532.5 714.5 +34.2% Recurring net cash flow… Continue reading 2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

Dyson will produce not one, not two, but three electric cars

James Dyson has said that the company has invested “heavily” in solid-state battery technology Electric cars are all the rage now, with manufacturers from Ford and Citroen to BMW and Tesla getting in on the action. What we didn’t expect was a vacuum vendor to make their mark. British firm Dyson, best known for its… Continue reading Dyson will produce not one, not two, but three electric cars

Lost in translation? GM plant shutdown shocks South Korea

SEOUL (Reuters) – Only weeks into a new job heading General Motors Co’s international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM’s loss-making local unit. In what they thought were meet-and-greet introductions, senior officials agreed to work… Continue reading Lost in translation? GM plant shutdown shocks South Korea