In Germany, PSA requires 3,700 job cuts at Opel

He said what everyone already knew: there will be many job cuts at Opel in Germany. It only remained to know how much. Wolfgang Schaefer-Klug, chairman of the German car manufacturer’s board of directors, bought last year from General Motors for PSA Peugeot Citroën the requirements of the French group : 3,700 jobs. To this… Continue reading In Germany, PSA requires 3,700 job cuts at Opel

UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief

FRANKFURT (Reuters) – PSA Group (PEUP.PA) wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel’s works council chief said on Friday. “Around 2,000 have already agreed to leave, and we will likely see a… Continue reading UPDATE 1-PSA demanding 3,700 job cuts in Germany – Opel labour chief

Savings plan at Opel: Every fifth Opelaner should go

Controversy over Opel: “Eisenach and Kaiserslautern are highly endangered” at Opel in Germany should according to current Plans of the French parent company PSA According to information from the works council, by the end of the decade 3700 of the approximately 19,000 jobs will disappear. “They have us a mining plan submitted by 2020 that… Continue reading Savings plan at Opel: Every fifth Opelaner should go

CEAD’s new large-format Continuous Fiber 3D printer

The Netherlands based company CEAD is developing a large-format Continuous Fiber Additive Manufacturing (CFAM) machine for industrial applications, including construction and shipbuilding. CEAD is developing a large-format 3D printer for industrial applications. Photo via CEAD. Continuous fiber 3D printing CEAD has not revealed the specifications of their CFAM process, as they are still in the… Continue reading CEAD’s new large-format Continuous Fiber 3D printer

Opel boss calls for wage renunciation of employees

In the dispute over the renovation Opel CEO Michael Lohscheller has called on the employees to waive allowances. “We want to invest in all German locations and will do so – if we are competitive,” he said. Opel boss Michael Lohscheller Friday, 20.04.2018 10:56 at Opel The management and workers are struggling for concessions in… Continue reading Opel boss calls for wage renunciation of employees

Works council rejects proposals of the Opel management

There is talk of “disinformation” and open wage tariff: The Opel works council sharply rejects the demands of the management and the parent company PSA for the restructuring of the troubled automaker. Opel employees Thursday, 19.04.2018 18:49 clock In the dispute over the Opel-Sanierung becomes the tone sharper. Works Council leader Wolfgang Schäfer-Klug accused the… Continue reading Works council rejects proposals of the Opel management

China’s state-owned FAW Group to invest in electric vehicle startup Byton

April 20, 2018 China’s state-owned automaker FAW Group agreed to invest a “significant amount of money” in Chinese-funded electric vehicle startup Byton, the startup’s co-founder and chief executive, Carsten Breitfeld, said on Friday.  Byton would not disclose the scale of FAW’s investment, but Breitfeld, a former BMW executive, said FAW’s stake in Byton “will be… Continue reading China’s state-owned FAW Group to invest in electric vehicle startup Byton

Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022

Japan will be the flagship market for the implementation of the Nissan Intelligent Mobility vision as part of the Nissan M.O.V.E. to 2022 midterm plan YOKOHAMA, Japan (April 20, 2018) – Nissan plans to launch three new electric vehicles and five e-POWER models in Japan by the end of fiscal 2022, the company announced today.… Continue reading Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022

Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Workers from subcontractors of GM Korea and citizens call for the early normalization of the ailing carmaker’s operations during a rally in Incheon, west of Seoul, South Korea, April 17, 2018. (Photo: YONHAP/EPA-EFE/REX/Shutterstock,) The window for an agreement to save General Motors’ money-losing South Korea unit is nearly closed, according to a GM spokesman. The spokesman… Continue reading Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Infotainment: Shell allows payment on the dashboard

From the summer of 2018, Chevy owners can use the infotainment screen to pay for the gas they want to tap from the fuel pump. It is not possible without getting out, but the system is without Smartphone available. April 20, 2018, 7:11 am, Andreas Donath Petrol in the car pay at Shell (Image: Shell)… Continue reading Infotainment: Shell allows payment on the dashboard