@Groupe PSA: Opel Continues Export Offensive with Return to Japan

Download: Press Release in Japanese.pdf Download: Presentation Speaker Profile Press Conference.pdf  Comeback in Japan next year Start with three models: Corsa1, Combo Life and Grandland X Electrified variants from day one Further models to follow Growth through new export markets is at the core of the PACE! plan Rüsselsheim.  Opel will continue its ongoing export offensive by… Continue reading @Groupe PSA: Opel Continues Export Offensive with Return to Japan

Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

Elon Musk criticized OpenAI, one of the world’s top AI research organizations, saying it lacks transparency and that his confidence in its technology’s safety is “not high.” OpenAI is racing to be the first to build a machine with the reasoning powers of a human mind. Musk himself is one of OpenAI’s founders — he… Continue reading Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

French finance minister warns Renault against job cuts, factory closures

FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France’s economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo BRUSSELS (Reuters) – French Finance Minister Bruno Le Maire warned Renault (RENA.PA) on Tuesday against shutting factories in France and… Continue reading French finance minister warns Renault against job cuts, factory closures

@Honda: Honda to Make Changes to its Organizational and Operational Structures (effective April 1, 2020)

TOKYO, Feb 18, 2020 – (JCN Newswire) – Honda Motor Co., Ltd. today announced changes the company will make to its organization and operations in Japan, effective April 1, 2020. Striving for the fulfillment of its 2030 Vision, Honda has been taking initiatives to solidify its existing business while preparing for future growth. In order… Continue reading @Honda: Honda to Make Changes to its Organizational and Operational Structures (effective April 1, 2020)

Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources

Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant, people familiar with the matter said. FILE PHOTO: A China-made Tesla Model 3 vehicle… Continue reading Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources

Nissan’s new CEO says willing to be fired if no turnaround

YOKOHAMA (Reuters) – Nissan’s (7201.T) new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn. FILE PHOTO: Nissan Motor chief executive Makoto Uchida speaks during a news conference… Continue reading Nissan’s new CEO says willing to be fired if no turnaround

Nissan CEO sees earnings, cashflow under pressure this business year

FILE PHOTO: Nissan Motor chief executive Makoto Uchida speaks during a news conference at Nissan Motor headquarters in Yokohama, Japan, December 2, 2019. REUTERS/Kim Kyung-Hoon/File Photo YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) Chief Executive Makoto Uchida on Tuesday said he expects weak global car sales to keep the Japanese automaker’s earnings and cashflow under… Continue reading Nissan CEO sees earnings, cashflow under pressure this business year

@GM: GM Accelerates Transformation of International Markets DETROIT , Feb. 16, 2020 /PRNewswire/ — GM to cease Holden sales, design and engineering ope…

DETROIT, Feb. 16, 2020 /PRNewswire/ — GM to cease Holden sales, design and engineering operations by 2021, plans to focus on growth opportunities in specialty vehicle business GM and Great Wall Motors sign binding term sheet for sale of Thailand manufacturing plant Chevrolet to cease domestic sales in Thailand by end of 2020  General Motors… Continue reading @GM: GM Accelerates Transformation of International Markets DETROIT , Feb. 16, 2020 /PRNewswire/ — GM to cease Holden sales, design and engineering ope…

@GM: GM Accelerates Transformation of International Markets

GM Accelerates Transformation of International Markets 2020-02-16 GM to cease Holden sales, design and engineering operations by 2021, plans to focus on growth opportunities in specialty vehicle business GM and Great Wall Motors sign binding term sheet for sale of Thailand manufacturing plant Chevrolet to cease domestic sales in Thailand by end of 2020 DETROIT… Continue reading @GM: GM Accelerates Transformation of International Markets

New Fiat 500 BEV Production Lines Complete

New sustainability-focused initiatives and achievement of major operational milestones further strengthen FCA’s investment plan for its Turin manufacturing hub FCA is to install Solar Power Production Units at its Mirafiori complex, consisting of photovoltaic panels covering 150,000 square meters capable of producing 15 MW of electricity. This will contribute to a more than 5 kt… Continue reading New Fiat 500 BEV Production Lines Complete