Opel Spain moves workers to improve competitiveness is “a matter of survival”

Posted 1/25/2018 4:50 PM: 34CET ZARAGOZA, 25 Jan. (EUROPA PRESS) – “Improving our competitive position is not an option, it’s a matter of survival.” This has been the message conveyed by the general director of Opel Spain, Antonio Cobo, in a letter to the workers of the Zaragoza plant of Figueruelas. In this same letter… Continue reading Opel Spain moves workers to improve competitiveness is “a matter of survival”

Hyundai Mobis 2017 net plunges 48 pct on strong won

SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won

Porsche Exec On Mission E Charging At 800 Volts, Battery Tech, More

Uwe Michael, Head of the Electrics/Electronics Development Division at Porsche Porsche will remain true to its ethos while making electronics and electrification a “strong brand value.” Uwe Michael, Head of the Electrics/Electronics Development Division at Porsche, speaks to battery tech and charging times. He also elaborates on software, apps, artificial intelligence, and his team’s plan… Continue reading Porsche Exec On Mission E Charging At 800 Volts, Battery Tech, More

AAM and Drexler Partner to Produce New High-Performance Electronic Differential

Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM and Drexler Partner to Produce New High-Performance Electronic Differential

“The electric vehicle in the ecological transition in France” (Study of European Climate Foundation and the Fondation pour la Nature et pour l’Homme), in collaboration with Groupe Renault

Groupe Renault has participated in an unprecedented study conducted by the European Climate Foundation and the Fondation pour la Nature et pour l’Homme on the environmental impacts of electric vehicles over their entire life cycle, with other experts: Avere-France, Ademe, Cler, Climate Action Network France, WWF, battery manufacturer Saft and RTE. New French study reveals… Continue reading “The electric vehicle in the ecological transition in France” (Study of European Climate Foundation and the Fondation pour la Nature et pour l’Homme), in collaboration with Groupe Renault

Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant

Posted 1/25/2018 2:25:18 PM VALENCIA, 25 Jan. (EUROPA PRESS) – The management of the Ford plant in Almussafes (Valencia) and the UGT section in the factory have reached a principle of agreement on the company’s competitiveness plan for the next three years, which includes a salary increase for the company’s workforce. , 5% in 2019,… Continue reading Ford and UGT reach an agreement on the competitiveness plan of the Almussafes plant

Gestamp agrees with BHAP to form a joint venture in China

Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China

Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won

Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won

Self-driving freight transport makes a debut

China has made significant strides in port transportation by using self-driving trucks to transport containers at Zhuhai Port in Guangdong province from Tuesday as part of its efforts to realize an unmanned smart port system in the future. The domestically-made truck looks like a normal one but does not need any drivers. It is used… Continue reading Self-driving freight transport makes a debut

SEAT to recruit 115 more employees at the Martorell plant

SEAT is going to hire 115 new employees to boost production at the Martorell factory. These workers currently have an employment agency contract and will be joining SEAT beginning on February 5th with an open-ended contract. The integration of these 115 new recruits will build on the 150 who joined the company on    8 January… Continue reading SEAT to recruit 115 more employees at the Martorell plant