Tag: GM

Opel employees crowd Höcke

The future of Opel in Eisenach is uncertain, the parent company wants to save. Now Thuringia AfD boss Höcke wanted to support the workforce in their protest – but the struggled. Björn Höcke Wednesday, 25.04.2018 12:52 clock “Goodbye, goodbye”: Thuringia AFD-Boss Björn Höcke is visibly upset when the OpelEmployees keep calling him those words. Actually… Continue reading Opel employees crowd Höcke

In Eisenach, Opel employees reject “French social relations”

They were nearly 800 kilometers away but gave themselves a speckled duel. On the one hand, Carlos Tavares, the boss of PSA, who promised his shareholders to straighten Opel with an iron fist. On the other hand, Wolfgang Schäfer-Klug, chairman of the German brand’s works council, promised the employees to stand firm against the “propaganda”… Continue reading In Eisenach, Opel employees reject “French social relations”

CEO Tavares insists on austerity measures

At Opel, the fronts between the workforce and the French mother Peugeot harden. Despite protests and good numbers, CEO Tavares urges a wage waiver. Opelians protest in Eisenach, Thuringia Tuesday, 24.04.2018 5:32 pm Because of the planned renovation of the OpelWorks in Germany, the workforce goes with the parent company Peugeot SA (PSA) on confrontation… Continue reading CEO Tavares insists on austerity measures

Ford Changed Leaders, Looking for a Lift. It’s Still Looking.

“When are we going to know these six?” Adam Jonas of Morgan Stanley asked. “Because I asked you a pretty straightforward question. You’re alluding to the six in your slides. You’re clearly not willing to talk about them.” Then, with a tone of exasperation rarely heard in such calls, Mr. Jonas added, “That’s a problem,… Continue reading Ford Changed Leaders, Looking for a Lift. It’s Still Looking.

Amazon pairs with GM, Volvo to deliver packages to your car

Amazon will deliver packages to eligible General Motors vehicles in 37 U.S. cities and surrounding areas Amazon packages can now be delivered to more than 7 million Chevrolet, Buick, GMC and Cadillac vehicles through a partnership with General Motors. The service is also available for Volvo owners. (Photo: General Motors) The next time you have… Continue reading Amazon pairs with GM, Volvo to deliver packages to your car

Groupe PSA: Shareholders’ Meeting of 24 April 2018

RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) : The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount… Continue reading Groupe PSA: Shareholders’ Meeting of 24 April 2018

Elio Motors gets a $2.5 million lifeline from Overstock.com

Elio Motors showed off its quirky, highly fuel-efficient, and cheap three-wheeled car way back at CES 2015, but the startup has struggled mightily since. Today, it has received a bit of a lifeline. Online retailer Overstock.com announced that it’s buying $2.5 million of newly issued shares of Elio’s common stock. (Elio shares are traded on… Continue reading Elio Motors gets a $2.5 million lifeline from Overstock.com

Amazon now delivers packages straight to car boots

Amazon Latest in Amazon Key programme sees newer Volvos and General Motors vehicles become lockboxes for Prime members The new service is available in 37 US cities for owners of 2015 or newer Volvo or General Motors vehicles, including Chevrolet, Buick, GMC or Cadillac brands. Photograph: Volvo Amazon has begun offering deliveries direct to car… Continue reading Amazon now delivers packages straight to car boots