To stay in the running against American Uber and Lyft or Chinese Didi, Daimler and BMW join forces. The two German manufacturers, who usually fight for the first place in the podium on the high-end segment, Wednesday announced the signing of an agreement to merge their mobility services Car2go and DriveNow. The operation, which has… Continue reading BMW and Daimler create the world’s number one car-sharing
Tag: GM
BRIEF-GM expects Cadillac profitability to grow 100 pct over 4 yrs with refreshed lineup – NY Auto Summit
March 28 (Reuters) – General Motors Co: * GENERAL MOTORS CEO SAYS MAKING “GREAT PROGRESS” TOWARD ITS STATED GOAL TO ACHIEVE 10 PERCENT MARGINS IN ITS CORE BUSINESS – NY AUTO SUMMIT * GENERAL MOTORS AFFIRMS ITS PLANS TO LAUNCH BOLT AUTONOMOUS VEHICLE AT SCALE IN A DENSE URBAN ENVIRONMENT BY 2019 – NY AUTO… Continue reading BRIEF-GM expects Cadillac profitability to grow 100 pct over 4 yrs with refreshed lineup – NY Auto Summit
Groupe PSA 2017 Registration Document
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) announces the publication of its 2017 Registration Document. The latter has been filed with the French Autorité des Marchés Financiers (AMF) and registered under D.18-0196, on March 28, 2018. The 2017 Registration Document is available on the Group’s web site www.groupe-psa.com/en, in its “Regulated Information” section. This… Continue reading Groupe PSA 2017 Registration Document
Car manufacturer in crisis: 20,000 euros special premium for every Opel employee who goes fast
Opel The car manufacturer has too much staff on board to meet the strict saving requirements of the new parent company PSA. (Photo: AP) The troubled carmaker Opel wants to bring about the reduction of jobs as quickly as possible: According to a report of the “Wirtschaftswoche” Rüsselsheimer pay each employee a premium of at… Continue reading Car manufacturer in crisis: 20,000 euros special premium for every Opel employee who goes fast
Opel wants to postpone wage increases
The tariff increase won by the trade union IG metal could come later for Opel coworkers: According to a report, the repairing automaker wants to spend the money. Opel factory premises in Rüsselsheim (archive) Wednesday, 28.03.2018 12:17 clock Apparently the automaker wants Opel a pending tariff increase temporarily not pay. Trade unions confirmed a report… Continue reading Opel wants to postpone wage increases
Works council threatens strikes
At Opel, there is growing concern that the future parent company could reduce PSA jobs. The works council therefore demands “court-proof” guarantees – and signals how far it would go for it. Transparent in front of the Opel headquarters in Rüsselsheim Monday, 27.03.2017 17:00 o’clock Wolfgang Schäfer-Klug wants security – and as fast as possible.… Continue reading Works council threatens strikes
Export Offensive Continues: Opel Announces Importer for Lebanon
Rüsselsheim. Opel is continuing its export offensive. The company has signed an agreement with the renowned A.N. Boukather Holding which will become the exclusive sales partner of the German brand for the Lebanese market…
US customers file class action lawsuit against BMW
BMW is suspected, like Volkswagen had manipulated the emission control of vehicles. In the US, customers have now teamed up to sue the group. BMW world in Munich Wednesday, 28.03.2018 09:49 clock As the sixth automaker threatens now synonymous BMW a US lawsuit for a possible exhaust gas fraud in diesel cars. US customers accuse… Continue reading US customers file class action lawsuit against BMW
More than just scratches in the paint
After VW and Daimler is now BMW in the US because of the exhaust gas scandal in court. If the plaintiffs get law, that could cost the Munich Dax Group hundreds of millions – and the good image. BMW headquarters in Munich Wednesday, 28.03.2018 20:57 clock Little time? At the end of the text there… Continue reading More than just scratches in the paint
PSA continues to import petrol engines from China
builders By Christophe Jaussaud, the 28/03/2018 In 2017, PSA has already imported 53,000 Pure Tech Turbo engines from China to Europe. DPCA, PSA’s JV in China, announces that it will export 90,000 Pure Tech 1.2 Turbo engines to Europe during the first half of the year. Meanwhile Opel plants in Tychy (Poland) and Szentgotthard (Hungary)… Continue reading PSA continues to import petrol engines from China