Things do not work out in Germany for Opel. Fearing a haemorrhage in the workforce, the works council of the new division of PSA has simply decided to block candidates for various plans for voluntary departures in progress. More than 200 cases – most of them from Russelsheim, Kaiserslautern or Eisenach plants – are currently… Continue reading Opel: the works council blocks candidates at departure
Tag: GM
After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
CLOSE Ford Motor Company announced that it will discontinue the Fiesta subcompact car, the Fusion mid-size sedan and the Taurus full-size car in the U.S. USA TODAY A 2012 Ford Taurus. (Photo: FORD) Ford families drive Fords. Chevrolet families drive Chevys. And they often refuse to switch. Ford’s decision to cut nearly its entire car… Continue reading After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
Opel works council blocks severance program
The voluntary severance package at Opel is apparently well received. The works council sees the future of the automaker endangered – and provisionally denies its approval. Opel plant in Kaiserslautern (archive) Friday, 27.04.2018 14:05 clock at Opel the dispute over the voluntary redundancy program is escalating. The works council provisionally refuses to approve current contracts.… Continue reading Opel works council blocks severance program
Vauxhall Corsa diesel axed due to low demand
The Vauxhall Corsa will no longer be offered with a diesel engine because the variant represented just 2.5% of the model’s sales. Corsas powered by the 1.3 CDTi engine were particularly unpopular with retail buyers, who account for the majority of the hatchback’s customers. In 2017, just 0.5% of Corsa retail purchases were of the diesel. This fits… Continue reading Vauxhall Corsa diesel axed due to low demand
Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Over 12,000 people have already preordered the truck. via Bollinger Bollinger Motors has been one of the most interesting players in the electrification market since it first announced the all-electric B1. Without taking the flashy approach that many modern manufacturers are going with their iterations of EVs, Bollinger was able to produce a functional and… Continue reading Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year
With Dongfeng, PSA remains unsatisfied
They were presented to shareholders with two short videos in Chinese subtitled in French. Liu Weidong and An Tiecheng, Dongfeng’s new representatives on PSA’s supervisory board, apologized on Tuesdaygeneral meeting of the manufacturer. The Peugeot and bpifrance clan, the other reference shareholders, had come in strong support Carlos Tavares and Louis Gallois, the tandem driven… Continue reading With Dongfeng, PSA remains unsatisfied
Toyota to invest $170 mln in Mississippi plant, create 400 jobs
DETROIT (Reuters) – Toyota Motor Corp (7203.T) will invest $170 million in an existing plant in Mississippi to build the next generation of its Corolla sedan, the Japanese automaker said on Thursday. FILE PHOTO: The Toyota logo is shown at the Los Angeles Auto Show in Los Angeles, California, U.S., November 30, 2017. REUTERS/Mike Blake/File… Continue reading Toyota to invest $170 mln in Mississippi plant, create 400 jobs
Ford Is About to Abandon American Sedans
The Model T, the ’32 deuce coupe, the Thunderbird, the Mustang: For much of its 115-year history, Ford Motor Co. has been synonymous with cars. But now Ford, one of the great engines of 20th Century American industry, is about to do the unthinkable: abandon the American car business almost entirely. Henry Ford and the… Continue reading Ford Is About to Abandon American Sedans
UPDATE 4-GM results dented by pickup truck changeover
DETROIT (Reuters) – General Motors Co (GM.N) on Thursday reported better-than-expected first-quarter earnings despite a drop in production of high-margin pickup trucks as it gears up for new models, but investors disappointed by the automaker’s lower pre-tax profit sent its shares down more than 2 percent. FILE PHOTO: The GM logo is seen at the… Continue reading UPDATE 4-GM results dented by pickup truck changeover