SEOUL (Reuters) – Hyundai Motor Co’s (005380.KS) South Korean labor union on Tuesday called Seoul’s revised free trade deal with the United States “humiliating”, and said the extended tariffs on pick-up trucks mean a missed opportunity to tap into the U.S. market. FILE PHOTO: A worker works at an assembly line of Hyundai Motor’s plant… Continue reading Hyundai’s union says revised trade deal with U.S. “humiliating”
Tag: People
Lincoln to launch ‘next chapter’ at NY show
Lincoln — like Ford’s Blue Oval — is in the midst of a lineup refresh. (Photo: Lincoln) Lincoln Motor Co. uses the New York auto show as its megaphone, and this year won’t be any different. The luxury automaker’s future is going to look a lot like what was outlined in the Ford Motor’s two-year… Continue reading Lincoln to launch ‘next chapter’ at NY show
News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility
Please click HERE for a PDF version of the release. First BMW Group seat programs in Magna’s history Plant to expand, create additional jobs Magna’s fourth manufacturing plant in South Carolina AURORA, Ontario, March 26, 2018 (GLOBE NEWSWIRE) — For the first time in its history Magna will supply seats to the BMW Group. Company… Continue reading News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility
Bentley is the latest luxury car maker committing to EVs
Denis Balibouse / Reuters Just a few weeks after Bentley unveiled its first all-electric concept convertible, a lead designer confirmed that the car company known for its gas-guzzling vehicles could start making electric cars fairly soon. Bentley is just the latest in a long line of car makers planning to go electric, of course, with… Continue reading Bentley is the latest luxury car maker committing to EVs
The Boring Co. will sell giant ‘Lego-like’ building bricks
The Boring Company Apparently flamethrowers weren’t enough. The next merchandise Elon Musk’s Boring Company will sell are life-sized Lego bricks that you can use to build your own structures. The bricks are made of rock extracted during The Boring Company’s drilling, and according to tweets from Musk, they interlock and have a “precise surface finish”… Continue reading The Boring Co. will sell giant ‘Lego-like’ building bricks
Building the Foundation for a Better 5G
Minnie Ho, senior principal engineer and wireless systems architect at Intel, Minnie, played a role in the design of the Intel Mobile Trial Platform, a desktop-size rig that telecom operators worldwide use to advance 5G. (Photo Credit: Walden Kirsch/Intel Corporation) How she’d describe her work to a 10-year-old: “I put together tiny computer parts, like… Continue reading Building the Foundation for a Better 5G
Dana Increases Cash Consideration for GKN Driveline by £100 million
MAUMEE, Ohio, March 26, 2018 /PRNewswire/ — In support of strong investor interest in its combination with GKN Driveline, Dana Incorporated (NYSE: DAN) announced today that it has improved the terms of its agreed combination and will also double the size of its share repurchase program. Dana has increased the cash element of consideration by… Continue reading Dana Increases Cash Consideration for GKN Driveline by £100 million
RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
WATERLOO, ON, March 26, 2018 /PRNewswire/ – RideCo, a leading provider of microtransit technology announced the successful deployment of its platform to enable Grab’s services. Following the successful completion of a trial in Singapore, the two companies have entered into an expanded agreement for RideCo’s platform to power Grab’s dynamic shuttle bus and van businesses.… Continue reading RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
Scandal in the VW Supervisory Board
At a meeting of the VW Supervisory Board, changes to the remuneration system for board members should have been posted on the wall, according to Handelsblatt. A group guard protested vehemently. VW rejects the report as false. Bernd Althusmann Monday, 26.03.2018 1:17 pm The Supervisory Board of Volkswagen has apparently entered into a heated dispute… Continue reading Scandal in the VW Supervisory Board
VW boss Müller should have been co-driver in the driver’s escape
A former Porsche top manager is said to have caused an accident involving injuries in South Africa in 2013 and made a driver’s escape. According to “Bild am Sonntag” was today’s VW CEO Matthias Müller his co-driver. imago / high two Wolfgang Hatz, Matthias Müller (Archive image from September 2015) Sunday, 18.03.2018 11:51 clock Former… Continue reading VW boss Müller should have been co-driver in the driver’s escape