The head of Peugeot and Citroen (PSA) has met with Vauxhall union bosses for a “frank exchange” of ideas, as the French company weighs up how it will integrate the British brand into its portfolio of companies. The Unite union’s general secretary, Len McCluskey, said the meeting with Carlos Tavares, PSA’s chief executive, was “constructive”, and Tavares repeated his… Continue reading Peugeot Citroen boss seeks to avoid further Vauxhall job losses in meeting with Union
Tag: People
Uber’s CEO Predicts the U.S. Will Have Flying Cars Within 10 Years
Flying cars will be zipping across U.S. skies within the coming decade — at least that’s what Uber Technologies Inc.’s Chief Executive Officer Dara Khosrowshahi predicts. “There will be people flying around Dallas, Texas,” Khosrowshahi said at the DLD tech conference in Munich, his first public appearance in Europe since taking over the top job… Continue reading Uber’s CEO Predicts the U.S. Will Have Flying Cars Within 10 Years
Halberg casting: VW Schreck Prevent buys
Automotive supplier Prevent The supplier group became known in the summer of 2016 due to its dispute with the Volkswagen Group. (Photo: AP) The German-Bosnian automotive supplier group Prevent surprises with another acquisition. Prevent takes over the medium-sized casting company Halberg Guss from Saarbrücken, as the supplier confirmed on Monday. For the purchase price, both… Continue reading Halberg casting: VW Schreck Prevent buys
Cargo raises $5.5M to let Uber drivers sell snacks and essentials nationwide
Cargo, a startup that wants to let every rideshare driver open their own convenience store in their car, has just raised $5.5M in a round it’s calling seed preferred financing. Over the summer we covered the company’s $1.75M seed round, at which point they were just getting started. Now they have 2,500 cars on the… Continue reading Cargo raises $5.5M to let Uber drivers sell snacks and essentials nationwide
Uber Eats acquires Ando, the food delivery startup from David Chang that makes its own food
As food delivery hopefuls like Deliveroo and Amazon get more involved in the making of food themselves, Uber’s food delivery branch Uber Eats has made an acquisition that could see the company also producing more of the product it’s bringing to its customers. Ando — the delivery-only ‘restaurant’ founded by Momofuku chef David Chang —… Continue reading Uber Eats acquires Ando, the food delivery startup from David Chang that makes its own food
GCA takes over BMW in Meaux and Fiat in Avranches
The group led by David Gaist begins the 2018 exercise with two new developments. With the German brand, the operator is opening a new geographical map … It’s hard to start the year 2018. Indeed, the GCA group continues to grow in the BMW / MINI brands by taking over the JDB concession from Meaux… Continue reading GCA takes over BMW in Meaux and Fiat in Avranches
Uber rival Cabify has raised another $160M at a $1.4B valuation
Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation
Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
Two auto‑mechatronics apprentices, Alexander Herbig and Alexander Ochsenkühn (r.), had the idea of marking torque‑wrench sockets green and red. The color system eases the fitting of the sockets, prevents the wrong use of the tool and therefore saves time. Audi Ideas Program sets new record in full-year 2017 Implementation of 15,000 improvement suggestions from Audi… Continue reading Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To facilitate real-time access for everyone to internal information and news about the Groupe, Groupe PSA (Paris:UG) has launched the Live ‘in PSA app, accessible via smartphone. 8,300 people have already installed the app, via Google Play Store or Apple Store. Groupe PSA has made digital technology a central component of… Continue reading Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App