Tag: People

General Motors firing 1500 workers undermines Trump’s boasts on auto jobs

The job cuts fly in the face of Trump’s repeated claims that he’s spurring a renaissance in US auto factory jobs General Motors Co. will fire as many as 1,500 workers at the end of June at the Ohio factory building the Chevrolet Cruze compact car, undercutting President Donald Trump’s bombast about bringing back auto… Continue reading General Motors firing 1500 workers undermines Trump’s boasts on auto jobs

LG Chem Forms 2 JVs In China For Up To 400,000 Battery Pack Per Year

6 M BY MARK KANE LG Chem announced two joint ventures with China’s Zhejiang Huayou Cobalt to supply battery material for hundreds of thousands of electric cars annually. Cobalt (source: Wikipedia) Zhejiang Huayou Cobalt is the world’s largest producer of refined cobalt (20,000 tons in 2017) and LG Chem needs a lot of cobalt these… Continue reading LG Chem Forms 2 JVs In China For Up To 400,000 Battery Pack Per Year

Board restructuring in the VW Group: The steep rise of Porsche CEO Oliver Blume

Oliver Blume at the Geneva Motor Show The Porsche boss makes the return pearl of the VW Group shine even brighter. (Photo: AP) It was a sign of appreciation: applauded in January Wolfgang Porsche, as Oliver flower in his speech at the beginning of the 70-year-old PorscheAnniversary on the top floor of the company museum… Continue reading Board restructuring in the VW Group: The steep rise of Porsche CEO Oliver Blume

Jaguar Land Rover ‘to cut 1,000 jobs’ in Solihull

Jaguar Land Rover is to shed 1,000 jobs and cut production at two sites, according to reports. The carmaker said it would make an announcement to employees on Monday regarding its production plans for 2018/19. It added: “In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production… Continue reading Jaguar Land Rover ‘to cut 1,000 jobs’ in Solihull

Singapore orders Grab to delay closing Uber app for an additional 3 weeks

Grab’s plan to shutter Uber’s app quickly following its merger deal in Southeast Asia has hit another snag in Singapore where the ride-hailing firm has been forced to delay closing its rival’s service until May 7. This is the second time that Grab has pushed back the removal of Uber’s app in Singapore, which was initially… Continue reading Singapore orders Grab to delay closing Uber app for an additional 3 weeks

GM cutting second shift at Lordstown plant in Ohio

Buy Photo Autoworkers build Chevy Cruzes at General Motor’s Lordstown Plant in Ohio i this file photo from August 23, 2011. GM is moving to one shift at the plant, cutting a second shift and offering buyouts of up to $60,000 to affected workers. (Photo: The Detroit News, file)Buy Photo General Motors Co. is moving… Continue reading GM cutting second shift at Lordstown plant in Ohio

Waymo formally applies for fully driverless car tests in California

JasonDoiy via Getty Images Waymo has officially applied to the California DMV to test autonomous cars without drivers in the state. A source told the San Francisco Chronicle that the company will start trials around its Mountain View headquarters where it’s been testing its self-driving Chrysler Pacific minivans, though those had personnel behind the wheel… Continue reading Waymo formally applies for fully driverless car tests in California

GM Cuts Up To 1500 Jobs at Ohio Plant

General Motors said it would eliminate one of the two shifts at its Lordstown, Ohio, plant that makes the Chevrolet Cruze compact sedan. Up to 1,500 jobs will be lost. Photo: aaron josefczyk/Reuters By Mike Colias Mike Colias The Wall Street Journal Biography @MikeColias mike.colias@wsj.com April 13, 2018 4:42 p.m. ET 0 COMMENTS General Motors… Continue reading GM Cuts Up To 1500 Jobs at Ohio Plant

General Motors to cut shift at Chevy Cruze plant in Ohio, potentially affecting 1,500 workers

General Motors plans to cut a shift at its Lordstown Assembly plant in Ohio. (Photo: General Motors) General Motors plans to cut a shift at its Lordstown Assembly plant in Ohio, potentially affecting as many as 1,500 workers, in an apparent reflection of the down market for passenger cars. The automaker confirmed Friday it would cut… Continue reading General Motors to cut shift at Chevy Cruze plant in Ohio, potentially affecting 1,500 workers