PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas

Published 1/24/2018 2:44:21 PM ZARAGOZA / MADRID, 24 Jan. (EUROPA PRESS) – The PSA Group, through the management of Opel Spain, has informed the representatives of the workers of its plant in Figueruelas (Zaragoza) that it has decided to halt the project of the new Corsa in this center and is looking for a new… Continue reading PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas

Nexar gets $30M Series B for its AI-based road safety dashcams and network

Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network

Opel: temporary workers should be replaced by workers from Poland

Opelwerk in Russelsheim The French auto company PSA had already announced last November, a recovery plan for the acquired carmaker Opel. (Photo: Reuters) The carmaker Opel replaces an unknown number of temporary workers at its Rüsselsheim headquarters by regular employees from the Polish site in Gliwice. The plant there is currently only weakly utilized, so… Continue reading Opel: temporary workers should be replaced by workers from Poland

Groupe PSA Chooses Atlanta for its North American Headquarters

Groupe PSA Chooses Atlanta for its North American Headquarters 2018-01-23 Groupe PSA North America’s headquarters will be operational by February The latest step of its 10-year plan for a progressive entry of Groupe PSA into North American market Highly skilled people will join the team as Groupe PSA North America grows into broader fields of… Continue reading Groupe PSA Chooses Atlanta for its North American Headquarters

The quest for Asia’s ride-hailing market & more

The quest for Asia’s ride-hailing market & more Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week:Self-driving car startup Pony.ai raises $112 One of the now many autonomous driving… Continue reading The quest for Asia’s ride-hailing market & more

GM Announces 2017 Q4 Earnings Conference Call Details

GM Announces 2017 Q4 Earnings Conference Call Details 2018-01-05 DETROIT – General Motors Co. (NYSE: GM) will announce its fourth quarter 2017 financial results on Tuesday, Feb. 6 at approximately 7:30 a.m. EST. A press release, financial highlights and presentation slides with notes will be available on the company’s Investor Relations website, http://investor.gm.com in the… Continue reading GM Announces 2017 Q4 Earnings Conference Call Details

South Korean Government Changes Standards for Payment of Subsidy for Electric Vehicles

Ministry of Environment (ME) has decided to change standards for payment of government subsidy for electric vehicles to ‘first-come-first-served based on registration and release date of cars’ this year. Its standards changed for the first time when they were based on submission of documents for purchase since 2013. It has decided to change standards in… Continue reading South Korean Government Changes Standards for Payment of Subsidy for Electric Vehicles

Jaguar Land Rover to cut production at Halewood plant

Jaguar Land Rover has announced its intention to trim Range Rover Evoque and Discovery Sport production, citing challenges facing the auto industry, including Brexit. The UK’s largest car manufacturer said it would adjust output at its Halewood plant on Merseyside between March and June despite a record year of sales for the company worldwide in… Continue reading Jaguar Land Rover to cut production at Halewood plant

Peugeot Citroen boss seeks to avoid further Vauxhall job losses in meeting with Union

The head of Peugeot and Citroen (PSA) has met with Vauxhall union bosses for a “frank exchange” of ideas, as the French company weighs up how it will integrate the British brand into its portfolio of companies. The Unite union’s general secretary, Len McCluskey, said the meeting with Carlos Tavares, PSA’s chief executive, was “constructive”, and Tavares repeated his… Continue reading Peugeot Citroen boss seeks to avoid further Vauxhall job losses in meeting with Union

Meeting between Carlos Tavares and Len McCluskey (Unite Union)

The meeting with Mr McCluskey, General Secretary of Unite the Union, was an opportunity to establish a frank and constructive dialogue in order to study how to regain the competitiveness of the Vauxhall manufacturing sites in the United Kingdom, in terms of cost/quality performance, in the context of an unstable economic environment. Carlos Tavares, Chairman… Continue reading Meeting between Carlos Tavares and Len McCluskey (Unite Union)