Topping out ceremony for “Porsche Experience Centre” at the Hockenheimring

The seventh customer experience centre in the world of the sports car manufacturer is being built on an area of around 176,000 square metres, and is scheduled to commence operation in October 2019. It includes a modern building complex, a handling track, driving dynamics areas and an off-road course. The project is being realised by… Continue reading Topping out ceremony for “Porsche Experience Centre” at the Hockenheimring

“We do not accept the shrinkage strategy at Opel”

At Opel, the hard restructuring is progressing, the production in the main Rüsselheim plant is apparently to be reduced by a third. Trade unions resist the plans. Employees of Opel at the Rüsselsheim headquarters (archive photo) Thursday, 04.04.2019 13:29 clock The shop stewards of IG metal make front against plans of the new parent company… Continue reading “We do not accept the shrinkage strategy at Opel”

Investor Day: Michelin reaffirms its growth strategy, confirms its ambitious objectives for 2020 and announces a share buyback program

Investor Day: Michelin reaffirms its growth strategy, confirms its ambitious objectives for 2020 and announces a share buyback program Following an introduction by Jean-Dominique Senard, Chief Executive Officer, reminding participants of the Group’s sustained progress over the years, Florent Menegaux, Managing General Partner, reviewed the four domains of growth addressed by the strategy presented in… Continue reading Investor Day: Michelin reaffirms its growth strategy, confirms its ambitious objectives for 2020 and announces a share buyback program

RENAULT: Compensation of Mr. Ghosn for 2018 – April 3, 2019

RENAULT: Compensation of Mr. Ghosn for 2018 – April 3, 2019 PRESS RELEASE                                                                                                       03/04/2019 Compensation of Mr. Ghosn for the 2018 financial year Boulogne-Billancourt, April 3, 2019 – Following the resignation of Mr. Carlos Ghosn from his positions as Chairman of the Board of Directors and Chief Executive Officer on January 23, 2019, a meeting… Continue reading RENAULT: Compensation of Mr. Ghosn for 2018 – April 3, 2019

Michelin : Michelin holds an Investor Day at its Spanish Test Center in Almeria

Michelin : Michelin holds an Investor Day at its Spanish Test Center in Almeria  PRESS RELEASE Almeria – April 4, 2019 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin holds an Investor Day at its Spanish Test Center in Almeria                         Today, the Michelin Group is holding an Investor Day at its Almeria Test Center in Spain.… Continue reading Michelin : Michelin holds an Investor Day at its Spanish Test Center in Almeria

Johnson Matthey Announces eLNO Cathode Materials Plant In Poland

1 M BY MARK KANE Johnson Matthey launches investment in eLNO for better batteries British chemical company Johnson Matthey announced commercialisation of eLNO ultra-high energy battery cathode materials, which according to the company, would be better in terms of energy density and cost than NCM 811 or NCA. There are no numbers on energy density,… Continue reading Johnson Matthey Announces eLNO Cathode Materials Plant In Poland

A few days before laying the foundation for new battery production: Daimler Works Council warns of e-car hysteria

DPA An electric car charges in Stuttgart: Nearby, the Daimler Group wants to build a factory for battery cell production Hardly any alternative to the internal combustion engine is as widely developed and widespread as the electric car. But Daimler’s works council chief at the parent plant in Stuttgart sees the single-track orientation in Germany… Continue reading A few days before laying the foundation for new battery production: Daimler Works Council warns of e-car hysteria

Car manufacturer: Opel brings the Astra back to Rüsselsheim

MunichThe car maker Opel fight at his headquarters in Rüsselsheim with high overcapacity – in the development as in production. Because the production of the family van Zafira Tourer expires in the summer, the situation threatens to worsen. Because then rolls only in Hesse OpelFlagship Insignia off the line. Rüsselsheim urgently needs a second model… Continue reading Car manufacturer: Opel brings the Astra back to Rüsselsheim

Car manufacturer: Daimler works council warns of unilateral e-car promotion

Mercedes Star The car manufacturer is currently building several battery cell factories. (Photo: AP) Stuttgart The head of works council at Daimler’s headquarters in Stuttgart-Untertürkheim warns of the one-sided focus on electromobility, “The battery is incredibly important to us, but you can not rely on just one pillar,” said Michael Häberle of the German Press… Continue reading Car manufacturer: Daimler works council warns of unilateral e-car promotion

Renault scraps Ghosn’s pension as scandal deepens

PARIS (Reuters) – Renault blocked former chief executive Carlos Ghosn’s pension on Wednesday, as the French carmaker said an internal probe had identified “questionable and concealed practices” by the fallen auto industry hero. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on… Continue reading Renault scraps Ghosn’s pension as scandal deepens