Peugeot CEO to meet with UK unions, govt officials

Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of its plants in France. Peugeot has already begun cutting jobs in… Continue reading Peugeot CEO to meet with UK unions, govt officials

Lyft Is Inspiring More People to Give Up Their Own Cars

Photo illustration by Slate. Photo by iStock. 2017 was a good year for Lyft. The company got a $1 billion cash infusion from Alphabet, Google’s parent company. It embarked upon new partnerships on the research-and-development front. And its main competitor Uber suffered a year of sexual harassment allegations, lawsuits, and executive turnover. Coincidentally, Lyft had… Continue reading Lyft Is Inspiring More People to Give Up Their Own Cars

Peugeot ‘very open’ to alliance in Latin America – CEO

Jan 18 (Reuters) – Peugeot SA is “very open” to a potential alliance in Latin America, the chief executive of the French automaker, Carlos Tavares, said during a media briefing on Thursday. Tavares declined to say whether Peugeot planned to discuss a partnership with Ford Motor Co. His remarks come two days after Ford executives… Continue reading Peugeot ‘very open’ to alliance in Latin America – CEO

New market potentials in Africa – Volkswagen founds company for mobility solutions in Rwanda

Volkswagen founds company for mobility solutions in Rwanda: Thomas Schäfer, CEO of the Volkswagen Group South Africa, and Claire Akamanzi, CEO of the Rwanda Development Board, at today’s press briefing in Kigali. Volkswagen is taking the next step to develop the African sub-continent: as planned, the brand has founded “Volkswagen Mobility Solutions Rwanda”, a company… Continue reading New market potentials in Africa – Volkswagen founds company for mobility solutions in Rwanda

Mangualde plant: Groupe PSA creates a third team

• 53,600 Peugeot Partner and Citroën Berlingo units sold in 2017, up 7.8% on 2016• Third production team and 225 jobs to be created as from April 2018 Groupe PSA has decided to create a third production team at the Mangualde plant in April 2018 and hire nearly 225 people at the facility by May. The move… Continue reading Mangualde plant: Groupe PSA creates a third team

Mangualde Plant: Groupe PSA Creates a Third Team to Cater to Strong Demand for Its Light Commercial Vehicles (LCVs)

MANGUALDE, Portugal–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has decided to create a third production team at the Mangualde plant in April 2018 and hire nearly 225 people at the facility by May. The move comes in response to strong demand for the Peugeot Partner and Citroën Berlingo, whose current version has been partly produced at… Continue reading Mangualde Plant: Groupe PSA Creates a Third Team to Cater to Strong Demand for Its Light Commercial Vehicles (LCVs)

Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round

January 18, 2018 Alphabet Inc’s Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also… Continue reading Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round

China Digest: Aqrose, Mall Parking, SinoUnited Health, Daily Yoga, Yawlih raise funds

January 18, 2018 Startups Aqrose Technology, Mall Parking, SinoUnited Health Clinic, Daily Yoga and Yawlih Technology have secured fresh raise funds, reports the China Money Network. Baidu Ventures, DCM China co-lead Aqrose Technology’s $8m Series A Baidu Ventures and DCM China have co-led an $8-million Series A round in Aqrose Technology, a Chinese startup that applies machine vision… Continue reading China Digest: Aqrose, Mall Parking, SinoUnited Health, Daily Yoga, Yawlih raise funds

BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”

All articles and backgrounds 01/18/2018 BMW CEO Krüger attacks Mercedes “2020, we will be number one again in sales” AFP BMW boss Harald Krüger The BMW CEO Harald Krüger has announced the competitors Mercedes the loss of the top spot. “In 2020, we will again be the number one in sales and I will commit… Continue reading BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”

Audi opens its eighth Audi Terminal in Valencia, with an area of ​​more than 7,000 square meters

Published 1/18/2018 11: 31: 02CET MADRID, Jan. 18 (EUROPA PRESS) – The German automotive company Audi has opened its eighth Audi Terminal in Valencia in Spain, which has a total area of ​​more than 7,000 square meters and offers customers innovative services and advanced technology. The company pointed out that the Audi Terminal concept is… Continue reading Audi opens its eighth Audi Terminal in Valencia, with an area of ​​more than 7,000 square meters