DPA (2) Volkswagen and Daimler: The groups are exploring possible cooperation at the highest level. The auto companies Volkswagen Show stock market chart and Daimler Show stock market chart think about a software cooperation. There were first talks about a partnership reports the manager magazin. Volkswagen CEO Herbert Diess (61) and his Daimler colleague Ola… Continue reading EXCLUSIVE Possible cooperation: Volkswagen and Daimler are exploring software cooperation
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Schaeffler adjusts production in automotive business
2020-03-19 | Herzogenaurach Corona crisis requires rapid and flexible adjustments to production in Germany and Europe in automotive business Adjustments will be made in a location-specific manner and consider the specific needs of the divisions Joint package of measures agreed with employee representatives – implementation already underway The health of employees, protection of global supply… Continue reading Schaeffler adjusts production in automotive business
Schaeffler passt Produktion im Automobilgeschäft an
2020-03-19 | Herzogenaurach Corona-Krise erfordert schnelle und flexible Anpassung der Produktion Anpassung erfolgt standortspezifisch und unter Berücksichtigung der jeweiligen Bedarfe Gemeinsames Maßnahmenpaket mit Arbeitnehmervertretern verabschiedet, Umsetzung läuft Gesundheit der Mitarbeiter, Aufrechterhaltung der globalen Lieferketten und Unterstützung der Kunden hat oberste Priorität Die zunehmende Ausbreitung des Corona-Virus in Europa hat in den letzten Tagen dazu geführt,… Continue reading Schaeffler passt Produktion im Automobilgeschäft an
Coronavirus, the hypothesis that FCA can “convert” to the construction of respirators takes shape
What if instead of FCA cars (together with Ferrari) he converted to the construction of respirators? It is the hypothesis that is taking shape in these hours and that would see the Lingotto group engage personally with some of its factories to collaborate with the Bolognese Siare Engineering, the only Italian company capable of producing… Continue reading Coronavirus, the hypothesis that FCA can “convert” to the construction of respirators takes shape
UPDATE 2-British carmakers and aerospace groups answer call to make ventilators
LONDON (Reuters) – Some of Britain’s biggest companies with expertise in aerospace and cars have formed three teams to produce basic ventilators to help the National Health Service cope with the coronavirus outbreak. Meggitt (MGGT.L), which employs 12,000 people and builds components including oxygen systems for civil aerospace and military fighter programs, is leading one… Continue reading UPDATE 2-British carmakers and aerospace groups answer call to make ventilators
Autoliv Takes Measures to Mitigate the Potential Effects of the Corona Virus (COVID-19) Pandemic and Draws $500M From Credit
STOCKHOLM, March 19, 2020 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announced that the coronavirus (COVID-19) outbreak will likely lead to a negative effect on the Company’s operations due to how the outbreak is affecting the automotive industry in general. The extent of such negative impact remains to… Continue reading Autoliv Takes Measures to Mitigate the Potential Effects of the Corona Virus (COVID-19) Pandemic and Draws $500M From Credit
Goodyear to suspend Americas manufacturing through at least April 3 due to COVID-19
Goodyear Tire & Rubber Co. on Wednesday said it will suspend Americas manufacturing through at least April 3 because of the coronavirus pandemic. The shutdown is to begin at plants in the U.S., Mexico, Canada, Brazil, Chile, and Colombia. On Tuesday, the company announced plans to temporarily close its European tire and retread plants in… Continue reading Goodyear to suspend Americas manufacturing through at least April 3 due to COVID-19
Žilina-based Kia halts production
Žilina-based company Kia Motors Slovakia was the last carmaker in Slovakia to stay open.The measure does not include staff whose presence in the company is essential, added carmaker’s spokesperson Ján Žgravčák for the TASR newswire.Continental Púchov is doing everything to protect its staff.
Financial Recognition for All Employees Worldwide
Dr. Ariane Reinhart, Executive Board member for HR: “We want to honor the outstanding commitment of all employees worldwide in the past year” €436 or €218 to be paid to each employee, depending on country The Executive Board and the social partners sign collective agreements for the “Continental in Motion – an Alliance for the… Continue reading Financial Recognition for All Employees Worldwide
Kenneth R. Trammell returns to Tenneco as Interim Chief Financial Officer
LAKE FOREST, Ill., March 18, 2020 /PRNewswire/ — Tenneco Inc. (NYSE: TEN) today announced that Kenneth R. Trammell has been appointed to the role of interim Chief Financial Officer, effective April 1, 2020. Mr. Trammell’s appointment follows Jason Hollar’s decision to leave the role of Executive Vice President and Chief Financial Officer in order to… Continue reading Kenneth R. Trammell returns to Tenneco as Interim Chief Financial Officer