Brazilian Car Rental Industry Sees Growth in Daily Rental Rates

The association attributes this growth in daily rates to the increase in demand from people renting vehicles for longer periods (instead of buying them) and the growing number of rentals for drivers of transportation companies. Photo via GoodFreePhotos. ABLA, the Brazilian car rental association, has conducted a census on Brazil’s car rental industry and found… Continue reading Brazilian Car Rental Industry Sees Growth in Daily Rental Rates

Construction of BMW’s Debrecen plant to continue

BMW has announced that the construction of its EUR 1 billion factory in Debrecen (225 km east of Budapest) will not stop and recruitment will continue, writes Népszava.It is noteworthy that in recent days Hungarian car manufacturers have announced factory shutdowns, including Audi in Győr (120 km west of Budapest), Suzuki in Esztergom (50 km northwest) and Mercedes at Kecskemét (90 km southeast).At the same time, it is worth recalling that it was during the 2008-2009 global economic crisis that Mercedes’ investment in Kecskemét was announced, and questions were still raised as to whether the new plant would be built.

GM is partnering with Ventec Life Systems to help increase production of ventilators

General Motors is partnering with Ventec Life Systems to help increase production of ventilators that are needed in hospitals dealing with patients who have the novel coronavirus, the companies announced Friday. In the most severe cases of COVID-19 infection, patients need the assistance of ventilators to breathe, and there are widespread concerns that the US… Continue reading GM is partnering with Ventec Life Systems to help increase production of ventilators

Volkswagen to shut some factories for more than two weeks: CEO

FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, poses during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt (Reuters) – German carmaker Volkswagen AG (VOWG_p.DE) said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread of the coronavirus.… Continue reading Volkswagen to shut some factories for more than two weeks: CEO

@VW Group: Porsche AG Group – Employees

As of 31 December 2019, the company counted 35,429 employees, 9.6 per cent more than at the end of the previous year. A significant driver of jobs is the Taycan, which celebrated its world premiere in September 2019. During the reporting year, Porsche took the high level of demand as its cue to hire a… Continue reading @VW Group: Porsche AG Group – Employees

Volkswagen to close factories in Mexico to protect public health

FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer MEXICO CITY (Reuters) – German automaker Volkswagen will temporarily close its factories in Mexico’s Puebla and Guanajuato states in a bid to preserve public health, the company’s Mexican unit said in a… Continue reading Volkswagen to close factories in Mexico to protect public health

GM and Ventec Life Systems partner to ramp up production of ventilators

GM said Friday that it is working with Ventec Life Systems to help increase production of respiratory care products such as ventilators that are needed by a growing number of hospitals as the COVID-19 pandemics spreads throughout the U.S. The partnership is part of StopTheSpread.org, a coordinated effort of private companies to respond to COVId-19,… Continue reading GM and Ventec Life Systems partner to ramp up production of ventilators

Rivian shuts down all facilities over COVID-19 pandemic concerns

Rivian, the buzzy electric vehicle startup that is backed by Amazon and Ford, is shutting down all of its facilities due to the spread of COVID-19, the disease caused by coronavirus. Rivian employs more than 2,000 workers across several locations, including its headquarters in Plymouth, Mich., a factory in Normal, Ill. as well as operations… Continue reading Rivian shuts down all facilities over COVID-19 pandemic concerns

SpaceX and Tesla are ‘working on’ ventilators, Elon Musk says

Elon Musk tweeted Friday that Tesla and SpaceX employees are “working on ventilators” even though he doesn’t believe they will be needed. His confirmation on Twitter that both of the companies he leads are working on ventilators comes a day after New York City Mayor Bill de Blasio made a direct plea to Musk to help… Continue reading SpaceX and Tesla are ‘working on’ ventilators, Elon Musk says

@VW Group: Volkswagen Group donates protective face masks

The Volkswagen Group will be providing about 200,000 category FFP-2 and FFP-3 protec-tive face masks for public health protection in the near future. The donation is being made in close cooperation with Federal Minister of Health Jens Spahn. The city of Wolfsburg is also to receive further medical material. Volkswagen HR Board Member Gunnar Kilian… Continue reading @VW Group: Volkswagen Group donates protective face masks