2018/01/30 Production and Sales Mazda Motor Corporation’s production and sales results for December 2017 and for January through December 2017 are summarized below. I. Production Note 1): Overseas production figures are based on Mazda brand units coming off the production line (excluding CKD units). However, non-Mazda branded passenger vehicles produced at the plant in Mexico… Continue reading Mazda Production and Sales Results for December 2017 and for January through December 2017 (Flash Report)
Tag: Manufacturing
Subaru Corporation Announces Production, Japan Sales and Export Resultsfor December 2017 and CY2017 (Flash Report)
January 30, 2018 < December 2017 > December 2017 Units 2017 vs 2016 Domestic production *1 ☆ 61,560 +2.7% First y/y increase in 2 months Overseas production *2 20,570 -24.3% First y/y decrease in 3 months Global production total 82,130 -5.7% 2nd consecutive month of y/y decrease Passenger vehicles 9,580 -6.7% 2nd consecutive month of y/y decrease… Continue reading Subaru Corporation Announces Production, Japan Sales and Export Resultsfor December 2017 and CY2017 (Flash Report)
Engine production at Nissan’s Resende plant in Brazil reaches 200,000
This milestone shows that the Resende plant is helping Nissan grow in Latin America RESENDE, Brazil – A major milestone was achieved this week by Nissan’s Resende Industrial Complex, in Rio de Janeiro State in Brazil. Less than four years since start of operations, Nissan’s plant in Brazil has produced its 200,000th engine – a… Continue reading Engine production at Nissan’s Resende plant in Brazil reaches 200,000
Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Updated 01/29/2018 23:21:05 CET ZARAGOZA, 29 Jan. (EUROPA PRESS) – The pre-agreement signed on Monday by the management of Opel Spain and three of the five unions that make up the works council –UGT, CC.OO. and Acumagme– foresees salary freeze for 2018. Then, increases of 50 percent of the real CPI for 2019 and 2020… Continue reading Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Nancy E. Cooper Joins Aptiv Board of Directors
GILLINGHAM, England, Jan. 29, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), a global technology company enabling the future of mobility, today announced Nancy E. Cooper has been named to its board of directors, effective as of Feb.15, 2018. “We are honored and excited to have Nancy joining the Aptiv Board of Directors,” said Kevin Clark, president and… Continue reading Nancy E. Cooper Joins Aptiv Board of Directors
Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business
PLYMOUTH, Mich., Jan. 29, 2018 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings. Q1 GAAP net income and EPS diluted of $(216) million and $(2.32), respectively; Q1 adjusted-EPS diluted of $1.06 Q1 Adjusted-EBIT of $163 million (margin of 3.9%) Cash and cash equivalents of $390 million at December… Continue reading Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business
At a glance: Electric initiative at Mercedes-Benz Cars
Video-Link: https://youtu.be/AiplVDi1_nM [embedded content] In 2017, Mercedes-Benz Cars set important strategic course for electromobility: Electric hubs for the production of electric vehicles and batteries are currently being built around the globe. By 2022, Daimler will electrify the entire portfolio of Mercedes-Benz, offering customers at least one electrified alternative in all Mercedes-model series. The company is… Continue reading At a glance: Electric initiative at Mercedes-Benz Cars
MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS
SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS
DriveNow becomes wholly-owned subsidiary of BMW Group
Munich. With the acquisition of Sixt SE’s stake in DriveNow, the BMW Group continues its systematic development as a customer-centric mobility company. Today’s signing is subject to approval by antitrust authorities. With this move, the world’s leading provider of premium mobility is offering customers efficient, sustainable mobility solutions from a single source. The rapidly growing… Continue reading DriveNow becomes wholly-owned subsidiary of BMW Group
First electric Volvo to be an all-new hatchback due in 2019
Inspired by Volvo 40.2 concept (pictures) The 40.2 continued a theme first seen with the 40.1 The 40.1 concept (right) heavily inspired the XC40 (left) Volvo will launch an all-electric hatchback in 2019. Volvo’s first stand-alone electric car will be a production version of the 40.2 concept seen in May last year, Autocar UK can reveal.… Continue reading First electric Volvo to be an all-new hatchback due in 2019