Opel Spain moves workers to improve competitiveness is “a matter of survival”

Posted 1/25/2018 4:50 PM: 34CET ZARAGOZA, 25 Jan. (EUROPA PRESS) – “Improving our competitive position is not an option, it’s a matter of survival.” This has been the message conveyed by the general director of Opel Spain, Antonio Cobo, in a letter to the workers of the Zaragoza plant of Figueruelas. In this same letter… Continue reading Opel Spain moves workers to improve competitiveness is “a matter of survival”

FCA workers to get $5,500 in profit-sharing

Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday. (Photo: Todd McInturf / The Detroit News file)Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday.… Continue reading FCA workers to get $5,500 in profit-sharing

Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China

BEIJING–(BUSINESS WIRE)–Regulatory News: Groupe PSA’s (Paris:UG) financing subsidiary in China (DPCAFC) has been offering an innovative O2O solution (online to offline, and offline to online) since 21 December. It allows customers to obtain a loan in just a few minutes using their smartphone, giving dealers the freedom to focus on meeting customer needs. The DONGFENG… Continue reading Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China

100,000 Orders Already Taken for New Opel Insignia Flagship

100,000 Orders Already Taken for New Opel Insignia Flagship 2018-01-24 State-of-the-art equipment and options Moderate running costs Marketplace popularity matched by media success Rüsselsheim.  Less than one year after the start of sales, Opel has already taken more than 100,000 orders for the new Insignia from all over Europe. Manufactured at the Rüsselsheim plant in… Continue reading 100,000 Orders Already Taken for New Opel Insignia Flagship

Ford UAW workers will get $7,500 profit-sharing checks

But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks

Ford to award profit-sharing checks of $7,500

The 2018 Ford Expedition SUV goes through the assembly line at the Ford Kentucky Truck Plant October 27, 2017 in Louisville, Kentucky. (Photo: Bill Pugliano / Getty Images) Dearborn — Ford Motor Co. will give more than 54,000 United Auto Workers hourly employees profit-sharing checks of about $7,500 this year, the company said Wednesday. The… Continue reading Ford to award profit-sharing checks of $7,500

South Korea To Standardize CCS/Combo Fast Charge Standard

53 mins ago by Mark Kane World Map of Charging System Standards (source: CharIn) South Korea, despite initial engagement in the CHAdeMO fast charging standard several years ago, is now making a switch to the CCS Combo standard used in North American – Combo 1. Chevrolet Bolt EV CCS Combo 1 inlet It was already… Continue reading South Korea To Standardize CCS/Combo Fast Charge Standard

Addison Lee’s private minicab app goes global

Addison Lee is trying to shake off its image as a London-focused taxi service and re-establish itself as a ride-hailing app that works around the world. Today, the company announced a “digital global service” that anyone can use to book minicabs in over 100 cities worldwide. In some locations, that will mean Addison-owned vehicles, but… Continue reading Addison Lee’s private minicab app goes global

PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas

Published 1/24/2018 2:44:21 PM ZARAGOZA / MADRID, 24 Jan. (EUROPA PRESS) – The PSA Group, through the management of Opel Spain, has informed the representatives of the workers of its plant in Figueruelas (Zaragoza) that it has decided to halt the project of the new Corsa in this center and is looking for a new… Continue reading PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas

Nexar gets $30M Series B for its AI-based road safety dashcams and network

Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network