Tag: GM

HyreCar Launches in New York

Photo: HyreCar Car-sharing platform HyreCar announced its launch in New York. HyreCar is a peer-to-peer carsharing platform that allows users to connect and rent their vehicles to other users. The platform’s goal is to bridge the gap between carsharing and ridesharing by allowing users to rent their vehicles to drivers of Uber, Lyft, or Postmates.… Continue reading HyreCar Launches in New York

Pininfarina develops two cars for Vietnamese carmaker VinFast

Pininfarina develops two cars for Vietnamese carmaker VinFast Turin, February 13 2018 – Vietnamese carmaker VinFast Trading and Production Limited Company has finalized a contract with leading car designer Pininfarina for the development of two cars, an SUV and a sedan. The two models to be developed by Pininfarina are the two most voted designs… Continue reading Pininfarina develops two cars for Vietnamese carmaker VinFast

Automakers to provide up to $130 million for Takata’s U.S. settlement

WILMINGTON, Del. (Reuters) – A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp (TKTDQ.PK) air bag inflators as part of a deal to resolve the Japanese company’s bankruptcy, a U.S. plaintiffs’ attorney told Reuters. The agreement clears the way for the sale of Takata’s… Continue reading Automakers to provide up to $130 million for Takata’s U.S. settlement

GM, South Korea Set for Standoff After Automaker Threatens Exit

General Motors Co. and South Korean authorities are set for a standoff after the automaker announced a plan to shut one factory and threatened to leave the country entirely if concessions aren’t made to stem mounting losses. South Korean officials will hold talks with GM about ways to keep the carmaker’s operations open, the finance ministry… Continue reading GM, South Korea Set for Standoff After Automaker Threatens Exit

PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall

Published 2/13/2018 11:39:42 CET MADRID, 13 Feb. (EUROPA PRESS) – The PSA Group plans to start up a fourth work shift in its Vigo plant in the coming months and a third in the center of Mangualde (Portugal), in order to respond to the commercial demand of the new ‘ludospace’ models of the Peugeot, Citroën… Continue reading PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall

E-mobility: BMW relies on hybrid and electric cars

Hybrid BMW Heavyweights such as GM, Ford, VW or Daimler have announced a variety of e-models. BMW wants to be a leader in this field in the endurance competition of the upper-class providers. (Photo: AP) The worldwide growing demand for electric and hybrid cars should BMW 2018 will bring significant growth in this segment. The… Continue reading E-mobility: BMW relies on hybrid and electric cars

GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks

Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Forerunner and historical leader of the leisure activity vehicle (LAV) segment in Europe, Groupe PSA (Paris:UG) intends to consolidate its leadership by giving its line-up a new dimension with three latest-generation models designed for very different brand environments. The new line-up stems from a single development programme aimed at increasing the… Continue reading Creator of the Leisure Activity Vehicle (LAV) Segment, Groupe PSA is Launching a New Generation of Vehicles for Its Peugeot, Citroën and Opel/Vauxhall Brands