The meeting with Mr McCluskey, General Secretary of Unite the Union, was an opportunity to establish a frank and constructive dialogue in order to study how to regain the competitiveness of the Vauxhall manufacturing sites in the United Kingdom, in terms of cost/quality performance, in the context of an unstable economic environment. Carlos Tavares, Chairman… Continue reading Meeting between Carlos Tavares and Len McCluskey (Unite Union)
Tag: Manufacturing
China’s Biggest Electric-Car Maker to List in $4.5 Billion Deal
China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles. One of BAIC Group’s publicly traded affiliates, Chengdu Qian Feng Electronics Co., will buy Beijing Electric… Continue reading China’s Biggest Electric-Car Maker to List in $4.5 Billion Deal
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
Toyota in Valenciennes: the CE confirms the details of the investment
It had been a long time since we had seen such an investment in cars in France. Toyota will invest 400 million euros in its Onnaing plant, near Valenciennes, to allow the site to host the new platform of the manufacturer (the “New Global Platform Architecture”) and a new vehicle in addition to the Yaris.… Continue reading Toyota in Valenciennes: the CE confirms the details of the investment
SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
SEAT has been acknowledged as one of the fastest growing companies in the Best Spanish Brands 2017 ranking compiled every two years by Interbrand. The company came in on the list for the first time in 2015 in 25th position, and has risen to 22nd in the latest edition. During the event, organised by the… Continue reading SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
Top Automotive Industry News for Week of January 15 – January 21, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017
Five out of six trade unions, representing 80% of employees, sign the 2018 DAEC agreement
Five out of six trade unions representing 80% of employees sign the DAEC agreement The 2018 DAEC will be in line with the measures provided for under the New Momentum for Growth agreement covering the period 2017-2019. Groupe PSA’s Central Works Committee today issued a favourable opinion on the 2018 DAEC after five out of… Continue reading Five out of six trade unions, representing 80% of employees, sign the 2018 DAEC agreement
British billionaire eyes electric car plan for former Holden factory
Australia news British billionaire eyes electric car plan for former Holden factory Sanjeev Gupta is reported to have approached General Motors to buy assets from South Australia’s closed Elizabeth factory The last Holden cars rolled off the factory floor at the Elizabeth plant in 2017. Plans by Sanjeev Gupta could breath new life into the… Continue reading British billionaire eyes electric car plan for former Holden factory
After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet
May Mobility, the autonomous vehicle startup based in Ann Arbor, MI, had an action-packed 2017. The company launched in January, completed a stint in the Y Combinator accelerator over the summer, put driverless shuttles on downtown Detroit streets through a small pilot program in October, and raised more than $11 million over the course of… Continue reading After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet
Toyota will invest 400 million euros in Valenciennes
It had been a long time since we had seen such an investment in cars in France. According to our information, Toyota will invest 400 million euros in its plant in Onnaing, near Valenciennes, to allow the site to host the new platform of the manufacturer (the “New Global Platform Architecture”) and a new vehicle… Continue reading Toyota will invest 400 million euros in Valenciennes