Car manufacturer in crisis: 20,000 euros special premium for every Opel employee who goes fast

Opel The car manufacturer has too much staff on board to meet the strict saving requirements of the new parent company PSA. (Photo: AP) The troubled carmaker Opel wants to bring about the reduction of jobs as quickly as possible: According to a report of the “Wirtschaftswoche” Rüsselsheimer pay each employee a premium of at… Continue reading Car manufacturer in crisis: 20,000 euros special premium for every Opel employee who goes fast

Einride’s autonomous trucks will be Nvidia-powered, and deliveries start this fall

Einride’s T-pod all-electric, self-driving transport vehicle will use the Nvidia Drive AI platform to provide its autonomous smarts, the Swedish technology company revealed today. Einride also announced that the very first customer deliveries of its production T-pod truck will begin this fall, meaning it could be making actual deliveries sooner rather than later. The Nvidia… Continue reading Einride’s autonomous trucks will be Nvidia-powered, and deliveries start this fall

Nissan: All-new 2019 Nissan Altima – with Nissan Intelligent Mobility technology, new powertrains and Intelligent All-Wheel Drive – makes world debut at New York International Auto Show

The 2019 Altima goes on sale in the U.S. this fall NEW YORK – Nissan today revealed the all-new Altima, bringing excitement back to the mid-size sedan segment with expressive styling, an uplifting interior, two new powerplants, the first available Intelligent All-Wheel Drive in a Nissan sedan in the U.S. and advanced Nissan Intelligent Mobility… Continue reading Nissan: All-new 2019 Nissan Altima – with Nissan Intelligent Mobility technology, new powertrains and Intelligent All-Wheel Drive – makes world debut at New York International Auto Show

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies SOUTHFIELD, Mich., March 28, 2018 /PRNewswire/ — Federal-Mogul Powertrain today announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m, covers the development and series production of advanced starter-generator systems for an… Continue reading First Customer Win for Federal-Mogul Powertrain’s New Product Group Controlled Power Technologies

Nissan to begin Datsun production in Pakistan

Agreement will create more than 1,800 jobs; partner will invest 4.5 billion PKR over 4 years KARACHI, Pakistan (March 28, 2018) – Nissan Motor Co., Ltd. is entering the Pakistan market through a manufacturing and licensing agreement with automotive partner Ghandhara Nissan Ltd. for local production of Datsun models. The agreement also covers distribution, providing… Continue reading Nissan to begin Datsun production in Pakistan

Opel wants to postpone wage increases

The tariff increase won by the trade union IG metal could come later for Opel coworkers: According to a report, the repairing automaker wants to spend the money. Opel factory premises in Rüsselsheim (archive) Wednesday, 28.03.2018 12:17 clock Apparently the automaker wants Opel a pending tariff increase temporarily not pay. Trade unions confirmed a report… Continue reading Opel wants to postpone wage increases

Faurecia signs the biggest contract in its history

In an armchair. Faurecia is “proud” to announce on Wednesday the signing of the largest contract in its history. The PSA-controlled automotive supplier sold six million car seats at once to German BMW. In the coming years, the French group will manufacture, assemble and deliver just-in-time complete seats or seating structures that will integrate into… Continue reading Faurecia signs the biggest contract in its history

(2nd LD) Hyundai Motor to streamline governance structure

(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (2nd LD) Hyundai Motor to streamline governance structure

(LEAD) Hyundai Motor to streamline governance structure

(ATTN: ADDS details throughout) SEOUL, March 28 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Wednesday it will streamline its overall governance structure through business spinoffs and mergers between related businesses. The business group said it is planning to spin off the module manufacturing and after-sales parts business of auto parts maker… Continue reading (LEAD) Hyundai Motor to streamline governance structure

PSA continues to import petrol engines from China

builders By Christophe Jaussaud, the 28/03/2018 In 2017, PSA has already imported 53,000 Pure Tech Turbo engines from China to Europe. DPCA, PSA’s JV in China, announces that it will export 90,000 Pure Tech 1.2 Turbo engines to Europe during the first half of the year. Meanwhile Opel plants in Tychy (Poland) and Szentgotthard (Hungary)… Continue reading PSA continues to import petrol engines from China