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PSA boss Tavares wants to trim Opel on profits

In the middle of the talks about an Opel purchase, the French auto giant PSA is setting its margin targets high. CEO Tavares now wants to help the loss-making German manufacturer on its feet. The bar is high. PSA boss Carlos Tavares Thursday, 23.02.2017 10:04 The French carmaker PSA Peugeot Citroën is facing a possible… Continue reading PSA boss Tavares wants to trim Opel on profits

EU authorizes Opel takeover by PSA

The European Commission has approved the acquisition of Opel by Peugeot. After a detailed examination, the authority claims to have no competition concerns, conditions will not exist. Peugeot Opel cars in front of a dealership Wednesday, 05.07.2017 5:32 pm The EU Commission has approved the takeover of the German car manufacturer Opel by the French… Continue reading EU authorizes Opel takeover by PSA

The hard consequences of the Blitzfusion

The purchase of Opel by Peugeot seems decided thing. Trade unions and politicians are still trying to win the French concessions to the Joberhalt. But there is no way around a hard renovation. Opel boss Karl Thomas Neumann Tuesday, 21.02.2017 10:53 clock Little time? At the end of the text there is a summary. The… Continue reading The hard consequences of the Blitzfusion

Rabenmutter

At Opel, it’s all about the whole thing: Just for the German GM daughter it was better again, because the Americans want to hit them again. How big is the damage this time? Wednesday, 15.02.2017 18:35 clock The tragedy of the automaker Opel shows up this week Friday in a small room. When it comes… Continue reading Rabenmutter

Automobili Lamborghini – Deliveries up in the first six months of 2017 New office building inaugurated 400 new staff in place for the Urus project

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Increase in worldwide deliveries: 2,091 cars in the first six months of 2017 (+4%) Production site expansion: inauguration of the new office building with LEED Platinum certificationWorkforce doubled over the last ten yearsSustainable growth balanced with brand exclusivity Sant’Agata Bolognese, 18 July 2017 – In the first six months of 2017, Automobili Lamborghini recorded a further increase in worldwide deliveries. A total of 2,091 cars were delivered to customers: an increase of 4% over the same period of 2016.
Three years since the Huracán was introduced to the market, its commercial success is once again confirmed, with 1,400 units delivered in the first six months of 2017 (+2%). In June, the Huracán also reached the important milestone of 8,000 cars produced in just three years.
From January to June 2017, deliveries to customers of the Aventador model reached 691 units (+7%). Its success is highlighted by unit number 7,000 that will be produced in the next few weeks.
Expansion of the site in Sant’Agata Bolognese
Work is proceeding apace on expansion of the production site, from 80,000 m2 to 160,000 m2, in readiness for the Urus Super SUV’s arrival in 2018. Within the new area developed, a new office building has been inaugurated that received a record number of points in Italy (92 points) in LEED (Leadership in Energy and Environmental Design) Platinum certification: the highest standard in the world for energy and environmental certification in construction. This is the first office building within an Italian manufacturing site to receive this recognition, which is awarded to “green” buildings that combine innovation and sustainability.
The new structure excels in energy efficiency (class A+) and water efficiency, thanks to state-of-the-art technical solutions applied to the cladding and glazed surfaces, designed to guarantee natural light in 90% of the spaces and to limit thermal dispersion and overheating.
Recruiting for the Urus project
The production’s site’s commercial growth and expansion go hand in hand with an increased Lamborghini workforce. In June 2017 the company completed 400 permanent new hires for the Urus project. As of the end of June the company has a record 1,500 employees: a doubling of the workforce over the last ten years.
Stefano Domenicali, Chairman and Chief Executive Officer of Automobili Lamborghini, remarked: “The success of our products is closely linked to the investments we have been making for years in people and their professional development. Passion, talent, and skill are the particular ingredients in being able to build unique and extraordinary cars like ours.”
Lamborghini’s rapid and significant growth in both employment and industrial activity is the result of a fruitful collaboration between the company and trade unions, inspired by transparency and ongoing dialogue. The negotiations and agreements stipulated over recent years with the company RSU (in-company union representative body), and the unions FIOM-CGIL and FIM-CISL, are the result of a common objective: to increase Lamborghini’s competitiveness and enable continuous and sustained growth of employment; to safeguard the company know-how; to develop shared corporate welfare systems; and to continuously improve the economic and regulatory conditions for the workers.

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Automobili Lamborghini – H1 2017

Automobili Lamborghini – vendite in crescita nei primi 6 mesi Inaugurata una nuova palazzina uffici Completate 400 assu

Lamborghini Media Center

Opel presents restructuring plan – without notice

Three months after the takeover by the French PSA group Opel has presented a reorganization concept: The car maker wants to renounce terminations and plant closures. Opel factory premises in Rüsselsheim Thursday, 09.11.2017 10:28 At its restart, the automaker wants Opel get by without operational redundancies and plant closures. Wage costs are to be reduced… Continue reading Opel presents restructuring plan – without notice

TriLumina Closes Additional Round of Funding

May 17, 2017 May 17, 2017 – Albuquerque, NM TriLumina Corp., the leading provider of solid-state automotive LiDAR illumination for ADAS and autonomous driving, today announced that it has closed and additional $9 million equity and debt financing. Proceeds will be used to accelerate the development of its cost-effective, compact LiDAR illumination modules to enable… Continue reading TriLumina Closes Additional Round of Funding

Panasonic Opens New Automotive Lithium-ion Battery Factory in Dalian, China

With this new factory in China, Panasonic establishes a global battery cell production system for eco-friendly vehicles. Osaka, Japan – Panasonic Corporation announced today that it held an opening ceremony for a new automotive lithium-ion battery factory in Dalian, China. The factory is Panasonic’s first automotive battery cell production site in China. Panasonic will further… Continue reading Panasonic Opens New Automotive Lithium-ion Battery Factory in Dalian, China

Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Aston Martin Lagonda Ltd, a British luxury sports car manufacturer, has suspended a previously announced partnership with struggling Chinese tech company LeEco to jointly develop electric vehicles for the global markets. It is unclear why Aston Martin decided to suspend the partnership, but it is most likely directly related to LeEco’s financial troubles as LeEco… Continue reading Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …

Recruitment of new senior team at EV company’s UK facility under way Group CTO and Company Director, Richie Frost, to lead the staffing strategy First technical roles already appointed at Leamington Spa factory Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK – Detroit Electric’s Chief Technical Officer and Company… Continue reading Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …