The Michelin Plant in La Roche-sur-Yon – Agreement Signed by a Majority of Employee Representatives for an Employee Support Program Following twelve weeks of negotiations from October 22, 2019 to January 7, 2020, the CFDT, CFE‑CGC and SUD representative trade unions and the FO non-representative union met today at Michelin Group headquarters in Clermont-Ferrand and signed… Continue reading The Michelin Plant in La Roche-sur-Yon – Agreement Signed by a Majority of Employee Representatives for an Employee Support Program
Tag: Manufacturing
Magna annonce ses perspectives financières
Croissance du chiffre d’affaires et augmentation de la marge BAII1 prévues sur la période des perspectivesPrévision de flux de trésorerie disponible2 d’environ 5,5 milliards de dollars pour la période 2020-2022Marge BAII plus élevée prévue en 2020AURORA, Ontario, 23 janv. 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui ses perspectives financières pour 2020… Continue reading Magna annonce ses perspectives financières
Tesla’s German factory gets off to an explosive start
FILE PHOTO: Warning tape is pictured at a construction site at Heidestrasse street near the capital’s central train station, after a World War Two bomb was discovered at the site in Berlin, Germany, April 19, 2018. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – Seven U.S. bombs from World War Two have been found in the plot… Continue reading Tesla’s German factory gets off to an explosive start
Tesla overtakes Volkswagen as world’s second most valuable carmaker
(Reuters) – Tesla Inc (TSLA.O) has overtaken Germany’s Volkswagen (VOWG_p.DE) as the world’s second most valuable carmaker behind Japan’s Toyota (7203.T), as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of… Continue reading Tesla overtakes Volkswagen as world’s second most valuable carmaker
BorgWarner Secures Business Win for its First Mass-market eTurbo™ Application
AUBURN HILLS, Mich., Jan. 23, 2020 /PRNewswire/ — BorgWarner has secured a contract with a major European OEM to supply its high performing eTurbo™ on a passenger vehicle. This business award marks the company’s first serial production contract for the eTurbo, with production slated to begin in 2022. With the eTurbo’s key performance and energy-usage… Continue reading BorgWarner Secures Business Win for its First Mass-market eTurbo™ Application
Mercedes EV output target slashed by battery shortage: Manager Magazin
FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday. FILE PHOTO: The logo of German car manufacturer Mercedes-Benz is seen at Brussels Motor Show,… Continue reading Mercedes EV output target slashed by battery shortage: Manager Magazin
Tesla overtakes Volkswagen as value hits $100bn
Tesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn (£76.1bn). The milestone sets the stage for chief Elon Musk to collect billions in pay tied to hitting that target. Tesla’s share price has more than doubled since October,… Continue reading Tesla overtakes Volkswagen as value hits $100bn
Valmet Automotive Battery Test Center operational by the end of February
Due to the high demand for test capacities on battery modules and battery systems of electrically powered vehicles, Valmet Automotive is working with high pressure to set up its Battery Test Center (BTC) in Bad Friedrichshall, nearby city of Heilbronn. The facility should be operational by the end of February. The construction of Valmet Automotive’s… Continue reading Valmet Automotive Battery Test Center operational by the end of February
Mercedes halves EV production target due to battery shortage: Manager Magazin
FRANKFURT (Reuters) – Daimler has been forced to reduce production targets for its Mercedes-Benz EQC electric car from about 60,000 to 30,000 this year, due to a supply shortage of battery cells from LG Chem, Manager Magazin said on Thursday. Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build… Continue reading Mercedes halves EV production target due to battery shortage: Manager Magazin
Jaguar Land Rover Cuts 500 Jobs: Is Focus Now On Electrification?
Jaguar Land Rover is going to cut some 500 jobs (about 10%) at its Halewood plant near Liverpool in the UK, as the facility will now work on two shifts (instead of three shifts) with an option for an extension of some workdays if demand is high. According to Bloomberg, the reason for that is a… Continue reading Jaguar Land Rover Cuts 500 Jobs: Is Focus Now On Electrification?