BERLIN (Reuters) – The German state of Thuringia is ready to offer assistance to carmaker Opel in order to keep the region’s Eisenach plant open, state premier Bodo Ramelow told Reuters on Monday. Opel sign is displayed on the car during the motor show in Riga, Latvia April 6, 2018. REUTERS/Ints Kalnins The state could… Continue reading UPDATE 1-German region ready to help Opel, but won’t be blackmailed – premier
Tag: Production/Sales News
Crisis in Eisenach: Ramelow promises state aid for Opel
Plant in Eisenach After the takeover of Opel by the French Peugeot group PSA unionists fear that especially the smallest German plant in Eisenach with its 1800 employees on the loose. (Photo: AP) The Thuringian Prime Minister Bodo Ramelow has helped to preserve the OpelLocation Eisenach promised. It is about four specific areas, said the… Continue reading Crisis in Eisenach: Ramelow promises state aid for Opel
Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets
PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and structural building industries. Consistent with its approach in other vehicle markets, Dana’s strategy enables original-equipment manufacturers… Continue reading Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets
Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe
PARIS, April 23, 2018 /PRNewswire/ — Dana Rexroth Transmission Systems today announced that the company is actively working with engine manufacturers in the off-highway industry to support European Stage V emissions regulations. Set by the European Union, these diesel engine standards further restrict emissions limits for non-road mobile machinery, including vehicles for construction, material handling, and… Continue reading Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe
The Volvo S90 Ambience Concept – a car that connects with your senses
The Volvo S90 Ambience Concept – a car that connects with your senses Volvo Cars, the premium car maker, today reveals the S90 Ambience Concept, an industry-first sensory experience that synchronises visuals, sound and scent to redefine in-car luxury. The S90 Ambience Concept, making its public debut at the Beijing Auto Show in China,… Continue reading The Volvo S90 Ambience Concept – a car that connects with your senses
Continental Supplies System Solutions for Smooth Goods Turnover
Booming online business: Continental products are an indispensable part of its logistics centers They range from conveyor belts and timing belts for automated storage and retrieval systems through to lines, power transmission technology and vibration dampers in forklift trucks Special solutions specifically tailored to the relevant requirements Hanover, April 23, 2018. The boom in the… Continue reading Continental Supplies System Solutions for Smooth Goods Turnover
Groupe PSA : COMMUNIQUE DE PRESSE
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory news: Carlos Tavares, Président du Directoire du Groupe PSA (Paris:UG), et Michael Lohscheller, PDG d’Opel, ont tenu aujourd’hui un échange avec les Ministres Allemands, Peter Altmaier, Ministre Fédéral de l’Économie et de l’Énergie, et Hubertus Heil, Ministre Fédéral du Travail et des Affaires Sociales. Le dialogue s’est avéré ouvert et constructif exprimant… Continue reading Groupe PSA : COMMUNIQUE DE PRESSE
Tata Motors bets on turnaround plan to boost CV market share to 44% in FY18
In terms of market share, Tata Motors increased it to 43.95 per cent in FY18 from 42.79 per cent in FY17. NEW DELHI: Homegrown auto major Tata Motors saw its market share in commercial vehicles (CV) segment in the domestic market inch closer to 44 per cent in 2017-18 riding on its turnaround strategy which… Continue reading Tata Motors bets on turnaround plan to boost CV market share to 44% in FY18
Auto parts supplier: Prevent wants Volkswagen to pay billions in damages
Automotive supplier Prevent View of the headquarters of the automotive supplier Prevent in Warmenau near Wolfsburg (Lower Saxony). (Photo: AP) The dispute between Volkswagen (VW) and the Prevent supply group escalated according to a media report. Prevent companies are preparing a billion-dollar lawsuit, which is soon to go to court, reports the “Süddeutsche Zeitung” (Monday… Continue reading Auto parts supplier: Prevent wants Volkswagen to pay billions in damages
NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital, the investment firm affiliated to Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies in Asia and… Continue reading NIO Capital Is Said Close to Completing $500 Million Auto Fund