Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years

Updated 01/29/2018 23:21:05 CET ZARAGOZA, 29 Jan. (EUROPA PRESS) – The pre-agreement signed on Monday by the management of Opel Spain and three of the five unions that make up the works council –UGT, CC.OO. and Acumagme– foresees salary freeze for 2018. Then, increases of 50 percent of the real CPI for 2019 and 2020… Continue reading Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years

Your Chariot awaits: shuttle bus service gets green light in London

Transport Your Chariot awaits: shuttle bus service gets green light in London Commuters will be able to pre-book seats on an app, with four routes being approved by TfL A Ford Chariot shuttle bus van in San Francisco. Photograph: Tommy Lau/AP An experimental shuttle bus service operated by Ford has been approved by London’s transport… Continue reading Your Chariot awaits: shuttle bus service gets green light in London

Nancy E. Cooper Joins Aptiv Board of Directors

GILLINGHAM, England, Jan. 29, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), a global technology company enabling the future of mobility, today announced Nancy E. Cooper has been named to its board of directors, effective as of Feb.15, 2018. “We are honored and excited to have Nancy joining the Aptiv Board of Directors,” said Kevin Clark, president and… Continue reading Nancy E. Cooper Joins Aptiv Board of Directors

Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business

PLYMOUTH, Mich., Jan. 29, 2018 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings. Q1 GAAP net income and EPS diluted of $(216) million and $(2.32), respectively; Q1 adjusted-EPS diluted of $1.06 Q1 Adjusted-EBIT of $163 million (margin of 3.9%) Cash and cash equivalents of $390 million at December… Continue reading Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business

VW condemned for testing diesel fumes on humans and monkeys

Volkswagen (VW) VW condemned for testing diesel fumes on humans and monkeys Experiments involved monkeys and humans breathing in exhaust fumes for hours at a time The German chancellor, Angela Merkel, said VW’s diesel experiments on humans and monkeys were ‘not ethically justifiable in any shape or form’. Photograph: Daniel Roland/AFP/Getty Images Volkswagen, the world’s… Continue reading VW condemned for testing diesel fumes on humans and monkeys

China Digest: Sequoia Capital backs LeapMotor, FinTell; Kingsoft Cloud raises $200m

January 29, 2018 Chinese startups LeapMotor and FinTell received fresh funds from Sequoia Capital China while Kingsoft Cloud secured $200 million Series D+ from FutureX Capital and Kingsoft Corporation. Sequoia Capital China backs fundraising in LeapMotor, FinTell Hangzhou-based Chinese electric vehicle startup Leapmotor has successfully completed its Pre-A funding round, raising $62 million from Sequoia… Continue reading China Digest: Sequoia Capital backs LeapMotor, FinTell; Kingsoft Cloud raises $200m

MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing

A bizarre incident involving the testing of diesel exhaust fumes on a group of cartoon-watching monkeys, and possibly humans too, has catapulted the Volkswagen AG emissions scandal back onto newspaper front pages. But public outrage, though warranted, may well ring hollow this time. When Volkswagen admitted rigging about 11 million vehicle engines in 2015, I assumed the German… Continue reading VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing

Car researchers are also said to have tested exhaust gases on people

According to a media report, the German auto industry indirectly financed not only emissions tests on monkeys – but also on people. Daimler is “shaken” by this. Sunday, 28.01.2018 22:03 clock Last was one of the auto industry financed lobbying club had come under fire because he had commissioned scientists in the United States with… Continue reading Car researchers are also said to have tested exhaust gases on people

DriveNow becomes wholly-owned subsidiary of BMW Group

Munich. With the acquisition of Sixt SE’s stake in DriveNow, the BMW Group continues its systematic development as a customer-centric mobility company. Today’s signing is subject to approval by antitrust authorities. With this move, the world’s leading provider of premium mobility is offering customers efficient, sustainable mobility solutions from a single source. The rapidly growing… Continue reading DriveNow becomes wholly-owned subsidiary of BMW Group