PSA production move wins deal with German unions, angers French

Major French companies operating in Iran include PSA, rival carmaker Renault and oil major Total, while Airbus has also won orders from IranAir. PARIS: French carmaker PSA Group said on Wednesday it will move production of the Opel Grandland X model from France to Germany under a deal with Opel unions, drawing immediate criticism from… Continue reading PSA production move wins deal with German unions, angers French

PSA will produce more gasoline engines at the French mechanical

The fall of diesel makes the happiness of the essence. Forced to adapt to the evolution of demand in Europe, PSA has decided to seriously increase its production capacity of gasoline engines on the site of the French Mechanics in Douvrin (Pas-de-Calais). According to our information, 350,000 EP 1.6 liter blocks will soon be machined… Continue reading PSA will produce more gasoline engines at the French mechanical

PSA augmente sa capacité de SUV, Sochaux perd l’Opel Grandland

publié le 30/05/2018 à 13h18 Crédit photo © Reuters par Gilles Guillaume PARIS (Reuters) – PSA a annoncé mercredi une augmentation de sa capacité de production de SUV en Europe en ajoutant au dispositif l’usine Opel d’Eisenach, qui se voit attribuer un modèle jusqu’ici fabriqué dans l’usine française de Sochaux. “Afin de soutenir ce développement rapide… Continue reading PSA augmente sa capacité de SUV, Sochaux perd l’Opel Grandland

Works council and management agree on Opel renovation

PSA parent company has pledged investments in new models and plant capacity utilization to troubled automaker Opel. However, jobs should still be deleted. Opel logo in front of the factory in Rüsselsheim Tuesday, 29.05.2018 20:24 clock Works council and management of Opel have agreed on the reorganization of the loss-making car manufacturer. As part of… Continue reading Works council and management agree on Opel renovation

Bourse de Paris : Mamma mia !

A gauche, il y a l’Italie, à droite, il y a Trump. Le titre du dernier point hebdomadaire publié par Zonebourse est plus que jamais d’actualité. Mais force est de constater que depuis le début de la semaine, la crise politique qui secoue nos voisins préoccupe davantage la planète finance que le poker diplomatique du… Continue reading Bourse de Paris : Mamma mia !

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment… Continue reading Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

3700 jobs are lost, wage waivers, dismissal protection until 2023: restructuring pact at Opel stands

All articles and backgrounds 05/30/2018 3700 jobs are eliminated, wage waivers, protection against dismissal until 2023 Opel works council agrees rehabilitation pact DPA Last night, the works council and management agreed on Opel After weeks of struggle, Opel and workers have come to a compromise. To refurbish the car maker, 3700 jobs are lost and… Continue reading 3700 jobs are lost, wage waivers, dismissal protection until 2023: restructuring pact at Opel stands

Scooter sharing startup Bird said to be valued at $1b in Sequoia-led round

May 30, 2018 Bird, an electric scooter-sharing startup, is raising $150 million in a funding round led by Sequoia Capital that will value the company at $1 billion, people familiar with the matter said. This is the first batch of money in this new round, and the company plans to raise more, said one of… Continue reading Scooter sharing startup Bird said to be valued at $1b in Sequoia-led round

Opel: agreement with management

30.05.2018 Ι After weeks of disputes with the management, the Opelers have progressed a bit yesterday. The Group assures employees protection against dismissal and investments that secure the future of all locations. The General Works Council, the Bochum works council and the IG Metall district center have agreed on key points with the Opel management… Continue reading Opel: agreement with management