Opel, which PSA bought from General Motors for $2.6 billion, has made losses for almost 20 years, and Tavares has been frustrated in his bid to cut high production costs. FRANKFURT: PSA Group has demanded 3,700 staff cuts by 2020 in Germany and a process of buyouts and early retirement has already resulted in a… Continue reading PSA Group demanded 3,700 job cuts in Germany: Opel works council chief
Tag: People
Insight: Waymo – Google’s self-driving division
The boss of the most powerful self-driving car technology company in the world has a Porsche 911 GT3 on order. And a Caterham in his garage. And two more Porsche 911s nestling alongside that: a 997-series C2 S and a 964-series Targa. Easy natured and always the evangelist, John Krafcik – CEO of Waymo, part… Continue reading Insight: Waymo – Google’s self-driving division
China-Backed SF Motors Debuts Electric SUVs As Rival Tesla Hits Rocky Patch
SF Motors will start taking orders for its SF5 SUV in late 2018, with initial deliveries to begin in 2019. Detailed pricing isn’t yet available. Surely it’s a coincidence that Silicon Valley-based Chinese EV maker SF Motors chose to unveil two elegant battery-powered crossovers just as Elon Musk tries to stem Tesla’s plunging stock price.… Continue reading China-Backed SF Motors Debuts Electric SUVs As Rival Tesla Hits Rocky Patch
GM Korea talks to stave off bankruptcy extended to Monday
Rep. Hong Young-pyo from the ruling Democratic Party and GM Executive Vice President Barry Engle shake hands prior to their talks on how to resuscitate the ailing carmaker GM Korea at a restaurant in Seoul, South Korea, April 17, 2018. (Photo: YONHAP/EPA-EFE/REX/Shutterstock) General Motors has agreed to give negotiators a few more days as they try to… Continue reading GM Korea talks to stave off bankruptcy extended to Monday
Tesla: Workplace safety, unions and the color yellow
Tesla’s troubles with media reports on working conditions and union organizing took a hard right turn on Monday. In response to Reveal’s report on Tesla’s workplace safety, the auto manufacturer accused the Pulitzer-finalist of being “an extremist organization working directly with union supporters to create a calculated disinformation campaign against Tesla.” When reached for response… Continue reading Tesla: Workplace safety, unions and the color yellow
SF supervisor doesn’t want you riding electric scooters on sidewalks
For those of you keeping track of the scooter saga in San Francisco, Supervisor Aaron Peskin has filed a resolution in opposition of California State Assembly bill 2989. The bill, authored by Assembly Member Heath Flora and sponsored by electric scooter startup Bird, seeks to increase the speed limit of electric scooters from 15 to… Continue reading SF supervisor doesn’t want you riding electric scooters on sidewalks
Bird Riders Fly One Million Rides
VENICE, Calif., April 20, 2018 /PRNewswire/ — As Earth Day approaches, Bird—the leading last-mile electric vehicle sharing company—announced today that this week its riders have surpassed one million rides flown on Birds. This milestone was reached in seven months time, while Bird has been operating in just seven cities, with four of them launched within the… Continue reading Bird Riders Fly One Million Rides
Hundreds of job cuts at Nissan in Sunderland
A few days after Jaguar Land Rover announced that it plans to cut 1,000 jobs at its Solihull plant in the West Midlands, it’s now Nissan’s turn to announce downsizing in Britain. Renault’s 43% shareholder announced Thursday its employees that it will launch a voluntary departure plan at its giant plant in Sunderland, in the… Continue reading Hundreds of job cuts at Nissan in Sunderland
Lyft Delivers Carbon-Neutral Rides
The ride-hailing company announced on Thursday that it plans to become one of the largest voluntary purchasers of carbon offsets in the world. Over the years, John Zimmer, the co-founder and president of Lyft, has often pointed to a class he took as an undergraduate as the source of his ideas about environmental sustainability—and by… Continue reading Lyft Delivers Carbon-Neutral Rides
Nissan to cut hundreds of jobs at Sunderland plant
Nissan Plummeting diesel sales deal another employment blow to the UK automotive industry Nissan would not confirm any job losses, although local reports suggested long-serving staff could be asked to take voluntary redundancy. Photograph: Christopher Furlong/Getty Images Nissan is to cut hundreds of jobs at its Sunderland plant, Britain’s biggest car factory, as plummeting diesel… Continue reading Nissan to cut hundreds of jobs at Sunderland plant