Michelin believes that its plants in Spain “have room to reach their maximum production capacity”

Published 2/13/2018 11:20:20:06 CET PARIS, 13 Feb. (EUROPA PRESS) – The president of Michelin, Jean Dominique Senard, has assured that the factories of the manufacturer of French tires in Spain “still have margin to reach his maximum capacity of production”, underlining that these have a “very important” weight on the attainment of the good ones… Continue reading Michelin believes that its plants in Spain “have room to reach their maximum production capacity”

GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks

Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

All articles and backgrounds 02/13/2018 Tire manufacturer buys a fifth Michelin goes into workshop chain ATU DPA Already in French hands: Now there is next to the French Mobivia with the tire manufacturer Michelin a second French shareholder of the workshop chain ATU The French tire manufacturer Michelin Show stock market chart has invested one… Continue reading Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

BMW Group achieves best-ever January

Munich. Following its seventh consecutive year of record sales, the world’s number one manufacturer of premium vehicles started 2018 with another record: the BMW Group has never sold so many cars in January as in this year. A total of 169,538 customers took delivery of a BMW, MINI or Rolls-Royce premium vehicle, an increase of… Continue reading BMW Group achieves best-ever January

PSA and Opel make common van

This is undoubtedly the first episode of a long Franco-German series. PSA will launch this year the production of stamped vans Peugeot, Citroën, Opel or Vauxhall. The new versions of the Partner, Berlingot and Combo will be assembled from the second half of the year in Vigo, Spain, and Mangualde, Portugal – two newly renovated… Continue reading PSA and Opel make common van

Mahindra Electric unveils MESMA platform

Industry by Mayank Dhingra & Nikhil Bhatia Feb 13, 2018 Designed completely from the ground up, the Mahindra Electric Scalable Modular Architecture (MESMA) platform was one of the key highlights from the stables of Mahindra & Mahindra at 2018 Auto Expo. The company, which could be attributed to have pioneered the e-mobility drive in the… Continue reading Mahindra Electric unveils MESMA platform

GM to close auto plant in South Korea in restructuring

General Motors says it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring of its operations. (Photo: .) Seoul, South Korea – General Motors says it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring… Continue reading GM to close auto plant in South Korea in restructuring

Record Growth and Profit for Morgan Motor Company

Morgan Motor Company has today announced record profitability and growth as it continues to roll out a long-term strategy plan under the guidance of Chairman Dominic Riley, Managing Director Steve Morris and family shareholders – keeping up the positive momentum in the family owned business. Year-end financial reports released today announce record growth from the… Continue reading Record Growth and Profit for Morgan Motor Company

Morgan Motor Company to celebrate 50 years of the iconic Plus 8 with limited edition anniversary model due in 2018

Morgan Motor Company will celebrate its most iconic Plus 8 with a 50th Anniversary Special Edition. The British marque has today released teaser images and video for the exclusive special edition ahead of its much-anticipated reveal at the Geneva Motor Show. The family-owned, bespoke sports car manufacturer will produce 50 of the special edition models,… Continue reading Morgan Motor Company to celebrate 50 years of the iconic Plus 8 with limited edition anniversary model due in 2018

Colin Boden appointed as Group Financial Director of the Morgan Motor Company

Morgan Motor Company, the world’s longest running family owned motor manufacturer, are delighted to announce the appointment of Colin Boden as Group Financial Director with immediate effect. As Group Financial Director, Colin will not only be responsible for the financial functions of the Morgan Group, his role will establish him as a key influence in… Continue reading Colin Boden appointed as Group Financial Director of the Morgan Motor Company