Employees work at an electric vehicle manufacturing factory in Kunming, Yunnan province. [Photo by Yang Zheng/For China Daily] Subsidies for new energy cars will be cut further this year before being phased out in China altogether by the end of 2020, a source close to the matter said on Wednesday. The move would accelerate the… Continue reading Subsidies for new energy cars to be cut again
Tag: People
Bankruptcy judge rules settlement calling for GM to pay $1 billion stock is unenforceable
This file photo, shows a key in the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. General Motors has paid about $2.5 billion to settle claims tied to the defective ignition switches in about 2.5 million vehicles. (Photo: Molly Riley, Molly Riley, AP) Judge Martin Glenn of U.S. Bankruptcy Court in New York… Continue reading Bankruptcy judge rules settlement calling for GM to pay $1 billion stock is unenforceable
DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand, Trains System Integrators on Lean Automation and Connectivity
KARIYA (Japan) ― DENSO Corporation today announced that it will undertake a demonstration project aimed at training system integrators who can handle production and failure analysis equipment in Thailand by using a showcase production line for next-generation lean automation. The project was consigned by the Japan External Trade Organization (JETRO) to train lean automation system… Continue reading DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand, Trains System Integrators on Lean Automation and Connectivity
Mazda Opens Engine Machining Factory at Thai Powertrain Plant
2018/01/19 Company Information Increasing engine production capacity in Thailand to 100,000 units per year HIROSHIMA, Japan-Mazda Motor Corporation today announced the opening of a new engine machining factory at its powertrain plant in Thailand’s Chonburi Province, Mazda Powertrain Manufacturing (Thailand) Co., Ltd. (hereinafter, MPMT). Mazda’s Representative Director, President and CEO, Masamichi Kogai, was among the… Continue reading Mazda Opens Engine Machining Factory at Thai Powertrain Plant
Turo car sharing marketplace launches in Germany
Peer-to-peer car sharing platform Turo is expanding to Germany officially starting today, after acquiring Daimler’s Croove in-house product forpvoding essentially the same service last September. Turo also received a significant strategic investment from Daimler at the same time as it acquired the automaker’s cars sharing experiment, and it now operates peer-to-peer rental services in the… Continue reading Turo car sharing marketplace launches in Germany
Tesla Executive Appointed to Call2Recycle’s Board of Directors
ATLANTA, Jan. 18, 2018 /PRNewswire-USNewswire/ — Call2Recycle, Inc., North America’s first and largest consumer battery stewardship organization, announced today that Susan Repo, the Corporate Treasurer and Vice President of Finance at Tesla, Inc., will be joining the organization’s United States Board of Directors. At Tesla, Ms. Repo is responsible for shaping and building capital structure, including… Continue reading Tesla Executive Appointed to Call2Recycle’s Board of Directors
Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer
KANSAS CITY, Mo., Jan. 18, 2018 /PRNewswire/ — AutoAlert is pleased to announce that its new COO is long-time Ford Motor Co. executive Jim Benintende. A Ford employee who started on the assembly line, he eventually became the first President of its Middle East and Africa (MEA) business unit. Benintende led that venture from its… Continue reading Ford Veteran Jim Benintende Named AutoAlert Chief Operations Officer
UPDATE 1-Peugeot CEO: U.K. plants uncompetitive, open to S. America alliance
(Adds background, further comments from Tavares, paragraphs 2-7) By Joseph White 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… Continue reading UPDATE 1-Peugeot CEO: U.K. plants uncompetitive, open to S. America alliance
Daimler, Bosch hit by walkouts in sector-wide labour dispute
FRANKFURT (Reuters) – Some 44,000 German workers at companies including Mercedes maker Daimler (DAIGn.DE) and automotive supplier Bosch [ROBG.UL] took part in industrial action on Thursday as powerful labor union IG Metall and employers held regional wage talks. Citing robust German economic growth and record low joblessness, IG Metall union is demanding 6 percent more… Continue reading Daimler, Bosch hit by walkouts in sector-wide labour dispute
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