Tag: Manufacturing

CORRECTED-UAW boosts strike pay as GM walkout continues

(This Oct. 12 story corrects paragraph 7 to show details of contract offer were posted on an ABC-TV affiliate Facebook page by a commenter, not by the station itself) Striking union auto workers walk the picket line outside the General Motors Flint Truck Assembly in Flint, Michigan, U.S., October 9, 2019. REUTERS/Brian Snyder By David… Continue reading CORRECTED-UAW boosts strike pay as GM walkout continues

PEUGEOT Cycles at Roc d’Azur reveals a new electric mountain bike and announces two partnerships

At the Roc d’Azur event, PEUGEOT Cycles world revealed its high-performance electric mountain bike, the eM01 FS PowerTube (e = electric, M = Mountain, 01 = high-end, FS = Full Suspension, PowerTube = battery integrated in frame). The new model targets competitive riders and experienced amateurs with its lightweight and exclusively designed frame, BOSCH motor… Continue reading PEUGEOT Cycles at Roc d’Azur reveals a new electric mountain bike and announces two partnerships

Porsche extends electric sports car model range with the Taycan 4S

The interior of the new Taycan 4S With the Taycan, Porsche offers an entirely leather-free interior for the first time. Interiors made from innovative recycled materials underscore the sustainable concept of the electric sports car. Centrally networked chassis systems Porsche uses a centrally networked control system for the Taycan chassis. The integrated Porsche 4D Chassis… Continue reading Porsche extends electric sports car model range with the Taycan 4S

EU to investigate Hungarian state aid for Samsung SDI’s battery cell plant

FILE PHOTO: Attendees at Samsung Electronics Co Ltd’s Unpacked event test out the company’s new devices in in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis BRUSSELS (Reuters) – EU antitrust regulators on Monday voiced doubts whether Budapest’s plan to grant 108 million euros ($119.2 million) to Samsung SDI’s battery cell production facility in… Continue reading EU to investigate Hungarian state aid for Samsung SDI’s battery cell plant

Faurecia to acquire remaining 50% of SAS Joint Venture to expand integration to cover all interior modules

Texte This joint venture was established in 1996 and has become a key player in complex interior module assembly and logistics. The company employs 4,490 people in 19 facilities in Europe, North America and South America.  Sales are expected to show strong growth in 2019 and should reach around €700 million (IFRS15). This project would… Continue reading Faurecia to acquire remaining 50% of SAS Joint Venture to expand integration to cover all interior modules

New Audi E-tron Sportback seen ahead of debut next month

The concept mixes the lines of a liftback with the stance of a four-seat SUV to create what the brand describes as “a new class of car” that will attract buyers who might have previously considered an A7 Sportback but want a more commanding view of the road. The E-tron Sportback concept sits on 23in alloy wheels. Opinion: electric… Continue reading New Audi E-tron Sportback seen ahead of debut next month

Volkswagen CEO says electric car shift won’t hurt margins: paper

FILE PHOTO: Herbert Diess, CEO of German carmaker Volkswagen AG, poses in an ID.3 pre-production prototype during the presentation of Volkswagen’s new electric car on the eve of the International Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay/File Photo MILAN (Reuters) – Volkswagen (VOWG_p.DE) does not expect the shift in production… Continue reading Volkswagen CEO says electric car shift won’t hurt margins: paper

GM strike: ‘We’ve got to fight for what’s right’

Workers with picket signs mark every entrance to the General Motors plant in Flint, Michigan. With them is all the paraphernalia of a long stay – tables piled with snacks and water bottles, wood and steel bins to make fires during the night, and dozens of signs bearing the slogan “UAW on strike”. It’s the… Continue reading GM strike: ‘We’ve got to fight for what’s right’

Volkswagen denies plans for sale or stock listing for Lamborghini

(Adds denial from Volkswagen) FRANKFURT, Oct 13 (Reuters) – Volkswagen on Sunday said that it has no plans for a sale or an initial public offering of luxury brand Lamborghini, after Bloomberg reported that it was considering shedding the unit. Bloomberg reported here on Friday that Volkswagen was readying to fold Lamborghini into a separate… Continue reading Volkswagen denies plans for sale or stock listing for Lamborghini