Tag: People

Renault: Batilly, the other problem factory

In Batilly, the Renault factory which produces Masters vans, the moment of truth will take place this Monday, around 9 p.m. At that time, in the Sovab-Renault factory in Meurthe et-Moselle, the management and elected officials of the CSE will scrutinize with extreme attention the crossover between the afternoon team, who leaves his post at… Continue reading Renault: Batilly, the other problem factory

James Dyson says he spent £500M of his own money on the company’s canceled electric vehicle

Dyson’s canceled electric vehicle was known internally as the N526, would have had a 600-mile range per charge and could go from zero to 62 mph in 4.8 seconds, company founder James Dyson said in an interview with the (London) Sunday Times. James Dyson says he even drove the prototype of the SUV-style vehicle, meant… Continue reading James Dyson says he spent £500M of his own money on the company’s canceled electric vehicle

@FCA: FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy

FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy·FCA Italy has initiated a process with the Italian Government to obtain a guarantee from SACE in support of a credit facility designed to help the automotive chain Italy, comprised of approximately 10,000… Continue reading @FCA: FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy

WABCO and ZF Receive Regulatory Clearance in the People’s Republic of China for their Proposed Merger; Announce Expected Closing Date

BERN, Switzerland and FRIEDRICHSHAFEN, Germany, May 15, 2020 (GLOBE NEWSWIRE) — WABCO Holdings Inc. (“WABCO”) (NYSE: WBC) (www.wabco-auto.com) and ZF Friedrichshafen AG (“ZF”) today announced that the Chinese State Administration for Market Regulation provided regulatory clearance for their previously announced merger.All required regulatory approvals have now been received and WABCO and ZF expect to close… Continue reading WABCO and ZF Receive Regulatory Clearance in the People’s Republic of China for their Proposed Merger; Announce Expected Closing Date

McLaren offers classic cars to secure virus help

McLaren is considering raising money by mortgaging its historic car collection and factory to see it through the coronavirus crisis. The Formula One team owner and supercar maker has seen sales and F1 advertising revenues hit as countries globally went into lockdown. Cars on show at McLaren’s Surrey HQ include F1 winners from the 1980s… Continue reading McLaren offers classic cars to secure virus help

@Suzuki: May 15, 2020 No compromises to Safety & Unmatched Convenience: Maruti Suzuki rolls out guidelines f…

Committed to provide a safe vehicle service experience to customers Encourages customers to avail call in and doorstep services – ‘Service on Wheels’ and ‘Pick and Drop’ New Delhi : With the promise of uncompromised safety and unmatched convenience for its customers, Maruti Suzuki has rolled out a set of detailed Standard Operating Procedures (SOPs)… Continue reading @Suzuki: May 15, 2020 No compromises to Safety & Unmatched Convenience: Maruti Suzuki rolls out guidelines f…

62% Indians to ditch Ola, Uber: Survey

The ride hailing sector will see a massive change due to the crisis. Bengaluru: Once the lockdown ends, more than 70 per cent Indians would avoid public transport while 62 per cent indicated to avoid cab-hailing apps like Ola and Uber, a new survey revealed on Friday. The findings showed that 71 per cent people… Continue reading 62% Indians to ditch Ola, Uber: Survey

General Motors chief calls jobs cuts in self-driving unit ‘prudent’

General Motors (GM) chief Mary Barra on Friday labeled as “prudent” the automaker’s plans to cut staff in its self-driving car unit.Workers who lose their positions will receive transition assistance and health care benefits for the remainder of the year.GM had stockpiled cash ahead of the pandemic and was the only one of the “Big Three” carmakers to turn a profit in the first three months of the year.