In La Roche-sur-Yon, the manufacturer has reviewed its commitments and is asking employees for new efforts. A blow to a group often cited as an example for its social dialogue.
Tag: People
Toyota’s Way Changed the World’s Factories. Now the Retool
Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most-emulated company is overhauling the way it brings its vaunted production system to every corner of the business. The automaker last month created a single group, staffed with 200 employees, to manage the Toyota Production System,… Continue reading Toyota’s Way Changed the World’s Factories. Now the Retool
Nissan puts the turbo in the electric in China
The automaker plans to invest nearly 8 billion euros in five years in China. More than 20 electrified models will be marketed by 2022.
JAGUAR LAND ROVER REPORTS THIRD QUARTER RESULTS
Jaguar Land Rover Automotive plc today reported pre-tax profits of £192 million for the three months to 31 December 2017, as major investment in new models and challenging trading conditions in key markets offset a solid rise in unit sales.
Porsche plans to invest more than six billion euro in electromobility by 2022
Doubling investment in the future: Porsche has been putting together an unprecedented future development plan. By 2022, the sports car manufacturer will invest more than six billion euro in electromobility, focusing on both plug-in hybrids and purely electric vehicles.
Nissan and Dongfeng will invest almost 7,700 million in their joint venture in China until 2022
The joint venture between Nissan Motor and Dongfeng Group in China, called Dongfeng Motor, has presented its medium-term strategic plan, which envisages an investment of 300,000 million yuan (7,692 million euros at the current rate) over the next five years.
China Digest: Gay dating app Blued, new energy vehicle firm SKIO secure funding
Chinese technology companies continue to secure funding from venture capital and private equity firms. The latest recipients are gay dating app Blued and new energy vehicle firm SKIO Matrix. Blued secures $100m in Series D Beijing-headquartered Blued, one of the world’s largest social network and dating apps for the LGBT community, has closed its Series… Continue reading China Digest: Gay dating app Blued, new energy vehicle firm SKIO secure funding
UK new car registrations decline in January
UK new car market declines in January – down -6.3%, as 163,615 cars leave showrooms. Demand for petrol and alternatively fuelled vehicles rises, but fails to offset fall in new diesel registrations. SUVs only vehicle segment to show growth, with 6.6% uplift leading to record market share. The UK new car market declined in the… Continue reading UK new car registrations decline in January
Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars
In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars
Wall Street sours on Hackett’s Ford
DETROIT — To hear Wall Street tell it, Ford Motor Co. is in dire straits. Ford shares last week fell under $11, lower than when Jim Hackett became CEO last May, despite big gains for the broader market in those eight months. Ford’s earnings outlook for the year dimmed in light of lower-than-expected 2017 results.… Continue reading Wall Street sours on Hackett’s Ford