Ferrari: New Hires and New Initiatives for Its People

250 new hires planned in first half of 2024 Broad-based share ownership plan for the Ferrari Group’s 5,000+ employees, starting with the companies based in Italy Renewal of the Competitiveness Award Extension of health and parenting support initiatives  Maranello, 13 November 2023 – Ferrari announces 250 new hires in the first six months of 2024,… Continue reading Ferrari: New Hires and New Initiatives for Its People

The UAW Staged a Strike, and New Vehicle Supply Rose

As the strike began, GM was the most vulnerable, with its Cadillac and Chevrolet brands having the lowest inventory among domestic brands. Cadillac, still in early November, had the fifth lowest inventory among major brands with a 48 days’ supply. Graphic: Cox Automotive Despite UAW strikes at several plants throughout the month, new-vehicle inventory at… Continue reading The UAW Staged a Strike, and New Vehicle Supply Rose

Hyundai to hike US hourly wages 25% by 2028 after UAW deal

Hyundai said that wages are being raised so that the company can “remain competitive and … recruit and retain top talent.” Hyundai builds the Santa Fe, Tucson, Santa Cruz and Genesis GV70 vehicles in Montgomery, Alabama. Hyundai Motor said on Monday it will hike wages for nonunion production workers at its Alabama factory by 25%… Continue reading Hyundai to hike US hourly wages 25% by 2028 after UAW deal

Stellantis offering buyouts to about half its US salaried employees

Stellantis said it was taking “necessary structural actions to protect our operations and the company” and cited preparations “for the transition to electric vehicles.” Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United… Continue reading Stellantis offering buyouts to about half its US salaried employees

Hyundai Motor Group calls for transformation in SDVs at in-house developer conference

Hyundai Motor Group held the third Annual HMG Developer Conference, Korea’s largest mobility developer festival, and presented its vision for the future transformation of software-defined vehicles (SDVs). This year’s HMG Developer Conference, held at the COEX Auditorium in Samseong-dong, Seoul, on November 13, attracted about 1,000 attendees. To accelerate the transition to SDVs, the Group… Continue reading Hyundai Motor Group calls for transformation in SDVs at in-house developer conference

Improved Materials to Drive Automotive Gas Charged Shock Absorber Sales to US$6.2 Billion by 2033 | Future Market Insights, Inc.

Government initiatives to boost EV adoption are driving sales of automotive gas charged shock absorbers. The report highlights the leading role of passenger cars in driving demand, and profiles the top companies and their market share, ranking, and competitive landscape. Automotive Gas Charged Shock Absorber Market Forecast by LCV and HCV, Growth Opportunities and Revenue… Continue reading Improved Materials to Drive Automotive Gas Charged Shock Absorber Sales to US$6.2 Billion by 2033 | Future Market Insights, Inc.

@Hyundai: Hyundai Motor Group Calls for Transformation in Software-Defined Vehicle Development at HMG Developer Conference

South Korea’s largest mobility developer festival attracts about 1,000 attendees Speakers and development experts in software-defined vehicles (SDV), artificial intelligence (AI), autonomous driving and mobility services, present the roadmap for SDV advancement and call for more IT developers and entrepreneurial spirit Participants also present the latest research findings and development strategies, including the video of… Continue reading @Hyundai: Hyundai Motor Group Calls for Transformation in Software-Defined Vehicle Development at HMG Developer Conference

Improved Materials to Drive Automotive Gas Charged Shock Absorber Sales to US$6.2 Billion by 2033 | Future Market Insights, Inc.

Government initiatives to boost EV adoption are driving sales of automotive gas charged shock absorbers. The report highlights the leading role of passenger cars in driving demand, and profiles the top companies and their market share, ranking, and competitive landscape. Automotive Gas Charged Shock Absorber Market Forecast by LCV and HCV, Growth Opportunities and Revenue… Continue reading Improved Materials to Drive Automotive Gas Charged Shock Absorber Sales to US$6.2 Billion by 2033 | Future Market Insights, Inc.

Stellantis offers buyouts to roughly half of U.S. salaried workers

Carlos Tavares, Chief Executive Officer of Stellantis, poses during a presentation at the New York International Auto Show, in Manhattan, New York City, April 5, 2023. David Dee Delgado | Reuters DETROIT – Chrysler-parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs for the automaker’s… Continue reading Stellantis offers buyouts to roughly half of U.S. salaried workers

@Ferrari: Ferrari: New Hires and New Initiatives for Its People000337

250 new hires planned in first half of 2024 Broad-based share ownership plan for the Ferrari Group’s 5,000+ employees, starting with the companies based in Italy Renewal of the Competitiveness Award Extension of health and parenting support initiatives  Maranello, 13 November 2023 – Ferrari announces 250 new hires in the first six months of 2024,… Continue reading @Ferrari: Ferrari: New Hires and New Initiatives for Its People000337