FCA workers to get $5,500 in profit-sharing

Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday. (Photo: Todd McInturf / The Detroit News file)Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday.… Continue reading FCA workers to get $5,500 in profit-sharing

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

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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

Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors

All articles and backgrounds 01/25/2018 Wolf-Henning Scheider to lead auto parts supplier ZF Friedrichshafen recruits new boss from competitors Mahle Leads to one of the largest automotive suppliers in the world: Wolf-Henning Scheider. The automotive supplier ZF Friedrichshafen, which was shaken by power struggles recently, has found a new CEO. According to information from manager-magazin.de… Continue reading Wolf-Henning Scheider to lead automotive suppliers: ZF Friedrichshafen recruits new boss from competitors

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

Autonomous container crane truck in China

The world’s first autonomous container crane wagon drives on the port of Shanghai. In the Chinese metropolis Shanghai the first autonomous container crane truck in the world debuts, according to the presentation in China. Container crane truck in Shanghai. Source: People.com.cn The vehicle resembles a forklift, except that this shipping container loads and stacks. It… Continue reading Autonomous container crane truck in China

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

Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

Faraday Future’s HR head resigns as cultural rift in the workforce deepens

Troubled EV startup Faraday Future scrounged up new funding at the end of 2017, and even made a surreptitious appearance at CES, wooing CNET and a few paid YouTube influencers with the intoxicating speed of its electric car. But turmoil still exists inside the company, and the latest casualty is company’s head of HR, Crystal… Continue reading Faraday Future’s HR head resigns as cultural rift in the workforce deepens