Opel has not having sealed the 2017 results PSA, it does not prevent the brand in the flash continues to pay the price of several years of losses. The management has therefore announced, on Tuesday, the launch of a voluntary departure plan for its German employees, regardless of age. “An attractive severance package will now… Continue reading Opel launches voluntary departure plan in Germany
Tag: People
Opel plans voluntary redundancy payments for German employees
Already last year, Opel had introduced austerity measures. Now the crisis-ridden company wants to pay German employees up to 275,000 euros – if they go voluntarily. REUTERS / Opel Opel boss Michael Lohscheller Tuesday, 27.03.2018 18:21 clock The automaker Opel has launched a voluntary severance package for his German employees. Opel boss Michael Lohscheller said… Continue reading Opel plans voluntary redundancy payments for German employees
Parkmobile Launches Parking Availability Feature Making it Easier to Find On-Street Parking
ATLANTA, March 27, 2018 /PRNewswire/ — Parkmobile, LLC, the leading provider of smart parking and mobility solutions in North America, announced today the launch of a new app feature that will show on-street parking availability, making it easier for people to find a parking spot in over 100 cities across the United States. The new Parking… Continue reading Parkmobile Launches Parking Availability Feature Making it Easier to Find On-Street Parking
General Motors says S.Korean unit will file for bankruptcy if no union concessions by April 20
General Motors said its loss-making South Korean operations would file for bankruptcy if its union did not agree to cut labour costs by April 20, heaping pressure on workers and the South Korean government to swiftly agree a rescue plan. The U.S. automaker announced in February it would shut down one of its four factories in… Continue reading General Motors says S.Korean unit will file for bankruptcy if no union concessions by April 20
Dana Offers Superior Value to GKN Shareholders
MAUMEE, Ohio, March 27, 2018 /PRNewswire/ — With a pending deadline for GKN shareholders to determine the future of their company, Dana Incorporated (NYSE: DAN) outlines below why it firmly believes its proposed combination with GKN Driveline offers superior value to GKN shareholders. Only this combination offers: Significant Shareholder Value Increased cash payment by 8.6… Continue reading Dana Offers Superior Value to GKN Shareholders
Hyundai’s union says revised trade deal with U.S. “humiliating”
SEOUL (Reuters) – Hyundai Motor Co’s (005380.KS) South Korean labor union on Tuesday called Seoul’s revised free trade deal with the United States “humiliating”, and said the extended tariffs on pick-up trucks mean a missed opportunity to tap into the U.S. market. FILE PHOTO: A worker works at an assembly line of Hyundai Motor’s plant… Continue reading Hyundai’s union says revised trade deal with U.S. “humiliating”
Lincoln to launch ‘next chapter’ at NY show
Lincoln — like Ford’s Blue Oval — is in the midst of a lineup refresh. (Photo: Lincoln) Lincoln Motor Co. uses the New York auto show as its megaphone, and this year won’t be any different. The luxury automaker’s future is going to look a lot like what was outlined in the Ford Motor’s two-year… Continue reading Lincoln to launch ‘next chapter’ at NY show
News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility
Please click HERE for a PDF version of the release. First BMW Group seat programs in Magna’s history Plant to expand, create additional jobs Magna’s fourth manufacturing plant in South Carolina AURORA, Ontario, March 26, 2018 (GLOBE NEWSWIRE) — For the first time in its history Magna will supply seats to the BMW Group. Company… Continue reading News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility
Bentley is the latest luxury car maker committing to EVs
Denis Balibouse / Reuters Just a few weeks after Bentley unveiled its first all-electric concept convertible, a lead designer confirmed that the car company known for its gas-guzzling vehicles could start making electric cars fairly soon. Bentley is just the latest in a long line of car makers planning to go electric, of course, with… Continue reading Bentley is the latest luxury car maker committing to EVs
The Boring Co. will sell giant ‘Lego-like’ building bricks
The Boring Company Apparently flamethrowers weren’t enough. The next merchandise Elon Musk’s Boring Company will sell are life-sized Lego bricks that you can use to build your own structures. The bricks are made of rock extracted during The Boring Company’s drilling, and according to tweets from Musk, they interlock and have a “precise surface finish”… Continue reading The Boring Co. will sell giant ‘Lego-like’ building bricks