HAMBURG/FRANKFURT (Reuters) – German labor leaders fear Opel’s Eisenach factory could lose half its 1,800 workforce unless a deal is struck with owner PSA Group (PEUP.PA) over working conditions, amid escalating tensions between German union IG Metall and Opel’s management. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph… Continue reading UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve
Tag: Financial Results
How Tesla and Waymo are tackling a major problem for self-driving cars: data
There’s a race happening right now that stretches from Silicon Valley to Detroit and back: who can make a self-driving car that behaves better than a human driver? It’s a far harder task than it sounded even a few years ago because human drivers know a lot — not just about their cars but about… Continue reading How Tesla and Waymo are tackling a major problem for self-driving cars: data
Amplats invests in Dutch tech company in fuel cell drive
JOHANNESBURG: Anglo American Platinum said on Wednesday it had invested an unspecified amount in High-Yield Energy Technologies (HyET), a Dutch technology company, as part of its drive to promote fuel cell vehicles which require platinum catalysts. A global push for lower-emission transport raises the prospect of weaker demand for platinum, whose biggest industrial use is… Continue reading Amplats invests in Dutch tech company in fuel cell drive
Barclays study on e-mobility: “BMW, Audi, Mercedes will fight back against Tesla”
All articles and backgrounds 04/18/2018 Barclays study on e-mobility “BMW, Audi, Mercedes will fight back against Tesla” BMW, Tesla BMW against Tesla: “The German carmaker will fight back” The British investment bank Barclays assumes that the German carmaker on the subject E-mobility their lag over the top dog Tesla Show stock market chart In the… Continue reading Barclays study on e-mobility: “BMW, Audi, Mercedes will fight back against Tesla”
Change of Outlook for FY 2018
Exchange rate and inventory valuation effects will impact earnings by around €150 million in H1 2018. This negative impact affects primarily the tire business. Accordingly, the adjusted operating result (adjusted EBIT*) for Q1 2018 in the Rubber Group will be about €100 million lower than in the respective period of the prior year. At present,… Continue reading Change of Outlook for FY 2018
Leaked Tesla email says Model 3 will go to 24/7 production
Tesla is about to ramp up production of the Model 3 sedan according to an email obtained by Jalopnik. The company shut down the sedan’s production line this week, but this email says the line will soon be running and a third shift will be added allowing the sedan to be built around the clock.… Continue reading Leaked Tesla email says Model 3 will go to 24/7 production
Ghosn: Nissan, Renault should merge
Kae Inoue and Ma Jie, Bloomberg News Published 5:10 p.m. ET April 17, 2018 Nissan CEO Carlos Ghosn, 64, hasn’t said when he will retire. (Photo: David Becker / Getty Images) Carlos Ghosn said he’s seeking to change the alliance between Nissan Motor Co. and Renault SA so it will function independently of leadership once… Continue reading Ghosn: Nissan, Renault should merge
China Does Tesla a Favor
As a measure of China’s importance to western carmakers, Volkswagen AG is tough to beat. Evercore ISI estimates the country contributed 43 percent of the German giant’s pretax profit last year. So any change to rules governing local joint ventures is potentially very significant. Yet China’s plan to liberalize ownership restrictions on local joint ventures was… Continue reading China Does Tesla a Favor
Hybrid already more popular than diesel in Britain, report says
British motorists are more likely to opt for hybrid than diesel when they buy their next car, according to the results of a survey compiled by the National Franchised Dealer Association (NFDA). Of the 1000 respondents in the study, of which 490 were male and 510 were female, just 12% said they were considering buying a diesel… Continue reading Hybrid already more popular than diesel in Britain, report says
The Ferrari team invests 382 million a year in R & D
Ferrari is the most famous team of the Formula 1 races and also the one with the biggest budget. However, details of it are now known. Thus, the brand spent 382 million in R & D in 2016, 93 in paying its workers and 66 in operating expenses. The statements indicate that Ferrari generated $… Continue reading The Ferrari team invests 382 million a year in R & D