The Portuguese Carlos Tavares (61), Chairman of the Board of the French PSA group, is regarded as the Superstar of the auto industry, since he saved Citroën DS, Peugeot and Opel from delicate situations, and has his PSA group profit margins, the Champion performs. To be concentrated at the beginning of this year, the China… Continue reading Interview with PSA CEO Carlos Tavares – view – The KXAN 36 News
Tag: Mobility
Nexteer Reports 2019 Financial Results
AUBURN HILLS, Mich., March 29, 2020 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2019. The Company’s 2019 financial results were impacted by various environmental challenges including lower OEM light vehicle production across all regions, led by a decline in China, a GM-UAW labor strike in North America interrupting vehicle… Continue reading Nexteer Reports 2019 Financial Results
Coronavirus: a month off for the German automobile
The first German industry is at a standstill. One after the other, the major German car manufacturers have announced the closure of their assembly lines. A high social risk maneuver in a sector on which more than 840,000 jobs depend. Initially, 200,000 people are put on compulsory leave or invited to use their “time credit”.… Continue reading Coronavirus: a month off for the German automobile
Q&A: Mercedes CEO on EV strategy, F1, Smart and more
Will there be an electric G-Class? “The G-Wagen seems to transcend all segments. It’s its own company, almost. But yes, the G-Wagen will go electric in a few years.” Will you keep your connection with Formula 1? “As you know, negotiations are proceeding right now over the framework of a new F1 agreement for the… Continue reading Q&A: Mercedes CEO on EV strategy, F1, Smart and more
@GM: Wuling Reveals Photos of Its First Electric Vehicle
Wuling Reveals Photos of Its First Electric Vehicle 2020-03-23 SHANGHAI – Wuling today revealed photos of the exterior of its first all-electric vehicle. Inspired by the popular kei car in Japan, the Wuling electric vehicle’s styling is characterized by straight lines and square elements. The two-door sedan with four seats will become a convenient tool… Continue reading @GM: Wuling Reveals Photos of Its First Electric Vehicle
@Honda: GAC Honda to Absorb Honda Automobile (China)
March 29, 2020 – GAC Honda Automobile Co., Ltd. (GAC Honda), a joint venture company of Honda in China, today announced that it will absorb its wholly owned subsidiary, Honda Automobile (China), Co., Ltd., effective April 1, 2020. As a result of this merger, Honda Automobile (China) will be renamed as the Guangzhou Development District… Continue reading @Honda: GAC Honda to Absorb Honda Automobile (China)
Daimler CEO on ‘balancing act’ to protect company – BBC News
Ola Kallenius, the CEO of Daimler says the health and safety of staff and health of the company are his priorities. He told Hardtalk’s Stephen Sackur: “We are going through a balancing act. We have not turned off the company completely. We have stopped many of our production operations and we have stopped also some… Continue reading Daimler CEO on ‘balancing act’ to protect company – BBC News
MAGNA POSTS 2019 ANNUAL REPORT
AURORA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading MAGNA POSTS 2019 ANNUAL REPORT
@Toyota: We Are Here For You! Toyota’s Response to the COVID-19 Crisis
Fabrication of face shields and collaboration to ramp up the manufacture of vital medical devices for hospitals PLANO, Texas, March 27, 2020 – As a result of the COVID-19 pandemic, Toyota Motor North America, Inc. (TMNA) continues to assist those in need with essential supplies, emergency relief and is providing on-going support to many local… Continue reading @Toyota: We Are Here For You! Toyota’s Response to the COVID-19 Crisis
@Groupe PSA: Groupe PSA is implementing reinforced health measures to create the conditions for a safe and gradual return to work
Definition of a health protocol to reinforce preventive measures Audits will ensure the perfect implementation of these reinforced safety protocols A timetable for a gradual and safe resumption will be established Since the start of the Covid-19 health crisis, Groupe PSA has been working on a clear axis “Protect the health of its employees and… Continue reading @Groupe PSA: Groupe PSA is implementing reinforced health measures to create the conditions for a safe and gradual return to work