Ford doubles bonuses amid worker fury over controversial formula News Sports Autos Entertainment USA TODAY Obituaries E-Edition Legals Ford Motor Co. informed employees Monday afternoon that it planned to revise its just-revealed annual bonus formula for salaried workers after a backlash that triggered executive strategy meetings throughout the weekend. The pivot includes top executives now taking a significant bonus cut. … Continue reading Ford doubles annual bonuses amid worker fury over controversial formula – Detroit Free Press
Tag: People
Ola Electric has its work cut out now
For Anant Patil, a Belgavi-based businessman, the experience with Ola Electric has been a mixed bag. As he puts it, while the delivery process was “acceptable”, the wait for his S1 Pro scooter was a never ending ordeal. After weeks of follow ups and reassurances coming in from the company on the scooter having been despatched from the… Continue reading Ola Electric has its work cut out now
California, Texas pension funds among new investors in EV startup Rivian, article with image
A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 14 (Reuters) – Seven state government employee pension… Continue reading California, Texas pension funds among new investors in EV startup Rivian, article with image
@VW Group: Series production of the ENYAQ COUPÉ iV has started at ŠKODA AUTO’s main plant in Mladá Boleslav004629
“Last year, we produced 50,000 units of the ŠKODA ENYAQ iV. Now we are taking it to the next level by launching production of the new ŠKODA ENYAQ COUPÉ iV. I would like to congratulate the team on the successful completion of the preparation phase. It’s a great honour for the entire team that the… Continue reading @VW Group: Series production of the ENYAQ COUPÉ iV has started at ŠKODA AUTO’s main plant in Mladá Boleslav004629
@Toyota: Our Next Frontier: Toyota Ventures Climate Fund
By Jim Adler “Avoiding climate breakdown will require cathedral thinking. We must lay the foundation while we may not know exactly how to build the ceiling.” -Greta Thunberg 2021 was a busy year for the Toyota Ventures team. Not only did we change our name in June, we also announced an expanded investment thesis and… Continue reading @Toyota: Our Next Frontier: Toyota Ventures Climate Fund
@Toyota: Toyota Ventures Climate Fund: Bridging the Gap Between Headwinds and Innovation
By Lisa Coca, Partner, Climate Fund When I was first approached regarding the partner position for Toyota Ventures’ newly-minted Climate Fund, I was completely over-the-moon with the idea of returning to the world of climate tech, having spent time on the scene of cleantech 1.0 during my days at General Electric. My excitement was also… Continue reading @Toyota: Toyota Ventures Climate Fund: Bridging the Gap Between Headwinds and Innovation
Financial information at December 31, 2021
Financial information at December 31, 2021 The Michelin Group delivered segment operating income of €2,966 million and a margin back in line with 2019, at 12.5%, demonstrating once again its strength and business model resilience. Sales rose by 16.3% to €23,795 million and segment operating income stood at €2,966 million, or 12.5% of sales: Tire… Continue reading Financial information at December 31, 2021
Billionaire who flew to orbit with SpaceX buys three new missions to deep space
Jared Isaacman, the billionaire who flew to Earth orbit on SpaceX’s Crew Dragon capsule last year, plans to fly with SpaceX again. Today, Isaacman announced that he’s purchased three additional upcoming flights with SpaceX, a series of missions called “Polaris” that would take him deeper into space on the company’s spacecraft. Isaacman, who made his… Continue reading Billionaire who flew to orbit with SpaceX buys three new missions to deep space
Varroc Engineering receives strategic partnership interest
Varroc Engineering , a leading tier-1 automotive component supplier based in Aurangabad has received interest from certain parties for a strategic partnership in its global lighting systems business, the company’s top leadership said. Tarang Jain, CMD, Varroc Engineering in a statement said, “The management is in the process of evaluating their interest with respect to scope,… Continue reading Varroc Engineering receives strategic partnership interest
February 7, 2022 Hamilton Flex, Via and Waikato’s new on-demand public transport service, is already receiving rave reviews
February 7, 2022 Hamilton Flex, Via and Waikato’s new on-demand public transport service, is already receiving rave reviews January 18, 2022 (Waikato, New Zealand) — Hamilton Flex, a new tech-enabled, on-demand public transport system trialled over the weekend by Waikato Regional Council, has had positive feedback from passengers. Flex is powered by Via, the global… Continue reading February 7, 2022 Hamilton Flex, Via and Waikato’s new on-demand public transport service, is already receiving rave reviews