Groupe PSA: Five out of Six Trade Unions Representing 80% of Employees Sign the DAEC Agreement

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA’s (Paris:UG) Central Works Committee today issued a favourable opinion on the 2018 DAEC after five out of six trade unions – CFDT, CFE/CGC, CFTC, FO and GSEA – signed the agreement. The outcome illustrates the maturity of labour relations within Groupe PSA and its active commitment to working alongside… Continue reading Groupe PSA: Five out of Six Trade Unions Representing 80% of Employees Sign the DAEC Agreement

Volkswagen launches pre-series stage of next Golf

Together with its suppliers, the Volkswagen brand is making intensive preparations for the next Golf generation1.At the “Golf 8 Supplier Summit” held at the Volkswagen Arena, the Board Member for Procurement Ralf Brandstätter and Karlheinz Hell, Head of the Compact series group, underscored the importance of the new generation for the brand and for the… Continue reading Volkswagen launches pre-series stage of next Golf

Mazda opens engine machining factory in Thailand

Mazda Motor Corporation today announced the opening of a new engine machining factory at its powertrain plant in Thailand’s Chonburi Province, Mazda Powertrain Manufacturing (Thailand) Co., Ltd. (hereinafter, MPMT). Mazda’s Representative Director, President and CEO, Masamichi Kogai, was among the attendees at an opening ceremony held at MPMT today. “Congratulations on the opening of MPMT’s… Continue reading Mazda opens engine machining factory in Thailand

Subsidies for new energy cars to be cut again

Employees work at an electric vehicle manufacturing factory in Kunming, Yunnan province. [Photo by Yang Zheng/For China Daily] Subsidies for new energy cars will be cut further this year before being phased out in China altogether by the end of 2020, a source close to the matter said on Wednesday. The move would accelerate the… Continue reading Subsidies for new energy cars to be cut again

DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand, Trains System Integrators on Lean Automation and Connectivity

KARIYA (Japan) ― DENSO Corporation today announced that it will undertake a demonstration project aimed at training system integrators who can handle production and failure analysis  equipment in Thailand by using a showcase production line for next-generation lean automation. The project was consigned by the Japan External Trade Organization (JETRO) to train lean automation system… Continue reading DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand, Trains System Integrators on Lean Automation and Connectivity

Mazda Opens Engine Machining Factory at Thai Powertrain Plant

2018/01/19 Company Information Increasing engine production capacity in Thailand to 100,000 units per year HIROSHIMA, Japan-Mazda Motor Corporation today announced the opening of a new engine machining factory at its powertrain plant in Thailand’s Chonburi Province, Mazda Powertrain Manufacturing (Thailand) Co., Ltd. (hereinafter, MPMT). Mazda’s Representative Director, President and CEO, Masamichi Kogai, was among the… Continue reading Mazda Opens Engine Machining Factory at Thai Powertrain Plant

Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer

KANSAS CITY, Mo., Jan. 18, 2018 /PRNewswire/ — AutoAlert is pleased to announce that its new COO is long-time Ford Motor Co. executive Jim Benintende. A Ford employee who started on the assembly line, he eventually became the first President of its Middle East and Africa (MEA) business unit. Benintende led that venture from its… Continue reading Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer

UPDATE 1-Peugeot CEO: U.K. plants uncompetitive, open to S. America alliance

(Adds background, further comments from Tavares, paragraphs 2-7) By Joseph White Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of… Continue reading UPDATE 1-Peugeot CEO: U.K. plants uncompetitive, open to S. America alliance

Peugeot CEO to meet with UK unions, govt officials

Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of its plants in France. Peugeot has already begun cutting jobs in… Continue reading Peugeot CEO to meet with UK unions, govt officials

Hyundai will increase its sales in Spain by 12% this year, with more than 62,000 units

Posted 1/18/2018 5:47:16 PM Its dealers closed 2017 with a profitability above 2% MADRID, Jan. 18 (EUROPA PRESS) – The South Korean automotive firm Hyundai expects to close this year with a volume of sales in Spain of about 62,000 units, which will represent a progression of 12% compared to 2017 data, announced the CEO… Continue reading Hyundai will increase its sales in Spain by 12% this year, with more than 62,000 units