French President Emmanuel Macron arrives at a European Union leaders summit in Brussels, Belgium December 14, 2018. Alastair Grant/Pool via REUTERS BRUSSELS (Reuters) – French President Emmanuel Macron said on Friday that Ford’s (F.N) decision to end production at its plant in Blanquefort, southern France next year was “hostile” and said his government was actively… Continue reading Macron calls Ford’s decision over Bordeaux plant “hostile”
Tag: Manufacturing
UPDATE 1-GM to begin U.S. layoff notices as it offers job transfers
WASHINGTON (Reuters) – General Motors Co (GM.N) on Friday said it is beginning to send formal notices to U.S. government agencies of its plan to end production at auto plants and cut thousands of jobs as it shrinks passenger car production in North America. FILE PHOTO: The General Motors assembly plant in Oshawa, Ontario, Canada… Continue reading UPDATE 1-GM to begin U.S. layoff notices as it offers job transfers
ZF’s Friedrichshafen Location is Shaping the Transformation of the Automotive Industry
The key issue paper was a milestone in establishing the Friedrichshafen location as a permanent fixture for the future in order to make it more competitive and to maintain flexibility,” explains Dirk Hanenberg, the location manager responsible for production. “We are on the right path, yet the automotive world continues to evolve quickly. This means… Continue reading ZF’s Friedrichshafen Location is Shaping the Transformation of the Automotive Industry
Going low-noise and emissions-free for assembly of the new electric Porsche
A clean, quiet drive to the factory: Porsche has commissioned a fully electric MAN eTGM for logistics operations at its Stuttgart-Zuffenhausen site. The truck is the first vehicle of this kind that has gone into series production in Germany. Go to Source
Vietnam: Vingroup sets up new subsidiary Vingroup Ventures, hires CEO
December 14, 2018 Vietnam’s listed Vingroup has established Vingroup Ventures, a 70 per cent-owned subsidiary, with the registered business operation of consultancy and support services. Vingroup has made a spate of announcements recently to boost technology development, including setting up a software unit VinTech, big data and hi-tech R&D centres, partnership with over 50 universities… Continue reading Vietnam: Vingroup sets up new subsidiary Vingroup Ventures, hires CEO
Hyundai Motor Group to Increase Annual Production Capacity for Fuel Cell Systems – MarketsandMarkets™ View Point
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Communication of the Lead Independent Director of Renault
Boulogne-Billancourt, 14 December 2018 – Philippe Lagayette, Lead Independent Director, chairing the Board of Directors of Renault, refutes the press rumors reporting differences of opinion within the Board of Directors at its ordinary meeting of 13 December 2018. The Board clearly noted in its communication that, based on the elements available, it has decided to maintain… Continue reading Communication of the Lead Independent Director of Renault
China’s BYD further drives into Chile with 100 electric buses
Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks… Continue reading China’s BYD further drives into Chile with 100 electric buses
India’s Motherson Sumi in early merger talks with German peer Leoni
December 14, 2018 Indian car wiring maker Motherson Sumi Systems Ltd is in early talks with German peer Leoni AG over a possible merger of the pair, two people close to the matter said. The car industry and its suppliers, facing a regulatory crackdown on diesel emissions and a slump in China, have issued a… Continue reading India’s Motherson Sumi in early merger talks with German peer Leoni
BMW Group extends mobility service offer in China by launching a Ride-Hailing business based in Chengdu
Munich. Today, the BMW Group announced the launch of its Ride-Hailing service in Chengdu, the capital city of the Chinese province Sichuan as part of its premium mobility brand ReachNow. The BMW Group is the first foreign company in China to obtain a license to operate a Ride-Hailing service. By adding an additional premium mobility… Continue reading BMW Group extends mobility service offer in China by launching a Ride-Hailing business based in Chengdu