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Michael Lohscheller

Opel’s chief executive demands concessions from labor unions

Friday, 13 April 2018 by admin

Opel’s new CEO, Michael Lohscheller, has demanded concessions from labor unions to make the loss-making automaker more competitive, before what he said would be a decisive round of pay talks with labor leaders. “After making losses for almost 20 years in a row, the status quo is clearly no longer an option,” CEO Michael Lohscheller

  • Published in European
Tagged under: Carlos Tavares, IG Metall, Michael Lohscheller, Opel jobs
Volkswagen brand logo

Volkswagen’s Herbert Diess to head volume brand division

Friday, 13 April 2018 by admin

Volkswagen brand chief Herbert Diess is going to head up a volume brands division which consists of responsibility for Skoda and Seat, two sources knowledgeable about the matter stated on Thursday. The recently created volume brand group will also consist VW’s commercial-vehicle division, one of the sources informed. “Diess will get immense power,” he stated.

  • Published in Volkswagen
Tagged under: Automobilwoche, Francisco Javier Garcia Sanz, Herbert Diess, Oliver Blume, Seat, Skoda, Volkswagen AG
2018 Lincoln Navigator

Ford to boost Lincoln rollout in China to compete rivals

Friday, 13 April 2018 by admin

According to two U.S. sources, Ford Motor premium Lincoln brand prepares to construct as many as five new vehicles in China by 2022 in a move to increase sales in the world’s largest vehicle market that would also blunt the effect of trade U.S-China trade feuds. Ford has stated it plans to build an all-new

  • Published in Ford
Tagged under: Angie Kozleski, Ford in China, Ford Lincoln, MKC compact, Xi Jinping
Toyota Hino truck

Toyota’s Hino, Volkswagen’s truck form alliance to cut R&D costs

Friday, 13 April 2018 by admin

The truck units of Toyota and Volkswagen are forming an alliance to boost their market positions as commercial automakers face increasing costs to develop lower-emission automobiles and automated driving capabilities. The strategic tie-up of Toyota subsidiary Hino Motors and Volkswagen Truck & Bus GmbH is the recent in the international vehicle industry, where automakers look

  • Published in Toyota, Volkswagen
Tagged under: Andreas Renschler, Hino Motors, Navistar International, Truck & Bus GmbH, Volkswagen, Volkswagen AG
Key Safety Systems (KSS)

Key Safety Systems finishes deal to acquire air-bag maker Takata

Friday, 13 April 2018 by admin

Auto components maker Key Safety Systems finished on Wednesday a $1.6 billion deal to acquire air-bag maker Takata Corp, whose faulty inflators caused the auto industry’s biggest recall and have been connected to at least 22 deaths across the world. After over than a decade of recalls, lawsuits and a criminal investigation which resulted Takata

  • Published in Cars
Tagged under: Autoliv Inc, Key Safety Systems, Takata air bags, ZF TRW
Volkswagen brand logo

Volkswagen supervisory board will elect new CEO soon

Thursday, 12 April 2018 by admin

Volkswagen is going to hold a meeting of its supervisory board on Thursday to make decision on a new chief executive, bringing forward the meeting that was earlier planned for Friday, a source with information of the matter said. The board is set to elect the head of the company’s core VW brand, Herbert Diess,

  • Published in Volkswagen
Tagged under: Herbert Diess, Matthias Mueller, Volkswagen AG, Volkswagen CEO
Tesla Model X

Tesla crash driver’s family hires law firm, doubts over autopilot

Thursday, 12 April 2018 by admin

The family of a driver who was killed in a Tesla car crash has hired law firm Minami Tamaki LLP to look for legal options, the law firm stated on Wednesday, adding that the Autopilot feature in the electric automaker’s vehicle probably contributed to his death. Walter Huang died in a crash and vehicle fire

  • Published in Tesla
Tagged under: Autopilot, Minami Tamaki LLP, Model X, Robert Sumwalt, Tesla Autopilot, Tesla Inc, Tesla Model X
Volkswagen logo

Volkswagen CEO’s replacement has been planned for months: report

Thursday, 12 April 2018 by admin

The replacement of Volkswagen CEO Matthias Mueller has been planned for months and board members Francisco Garcia Sanz and Karlheinz Blessing are also going to be ousted, Germany’s Bild newspaper reported. The small circle of executives preparing Mueller’s ouster included Chairman Hans Dieter Poetsch, labor chief Bernd Osterloh, and two member’s of Volkswagen’s controlling family:

  • Published in Volkswagen
Tagged under: Francisco Garcia Sanz, Herbert Diess, Karlheinz Blessing, Volkswagen CEO
herbert diess images

Volkswagen thinks of replacing CEO Mueller with Diess

Wednesday, 11 April 2018 by admin

Admired by investors and ready to take on trade unions, Volkswagen brand boss Herbert Diess is probably going to get his chance to lead Germany’s biggest automaker which is expected to transform faster under his cost-cutting style. Diess is noted for squeezing more savings out of suppliers compared to fellow managers and does not shy

  • Published in Volkswagen
Tagged under: Dieselgate, Herbert Diess, Martin Winterkorn, Matthias Mueller, Volkswagen CEO
Klaus Froehlich

BMW manager Klaus Froehlich set to join E.ON supervisory board

Wednesday, 11 April 2018 by admin

Klaus Froehlich, the BMW board member in charge of development, is scheduled to join energy group E.ON’s supervisory board, the recent sign of convergence between both sectors in the area of electric mobility. E.ON will propose Froehlich as a candidate at its yearly general meeting set for May 9, as per the event’s official invitation

  • Published in BMW
Tagged under: E.ON, Innogy, Klaus Froehlich, Stefan von Dobschuetz
New Ford Expedition SUV

Ford to introduce five new, redesigned car models in China this year

Wednesday, 11 April 2018 by admin

Ford Motor, having a hard time to revive sales in China, on Tuesday revealed five new models for the world’s biggest auto market, part of a business revitalization effort concerning a plan to introduce more than 50 new or redesigned vehicles by 2025. All five models are expected to enter showrooms in China in this

  • Published in Ford
Tagged under: Car sales in 2017, Ford in China, Ford Motor, ford sales, Yale Zhang
Skoda Rapid images

Union at Skoda Auto agrees with 12 percent wage increase offer

Tuesday, 10 April 2018 by admin

Union representatives at Volkswagen-owned Skoda Auto stated on Friday they had accepted management’s offer to increase wages by 12 percent, averting a strike at one of the largest manufacturing plants situated in the Czech Republic. The leadership of the Kovo union, which represent industrial employees, prepares to vote on the proposal next Wednesday, which would

  • Published in Skoda
Tagged under: Czech Republic, KOVO union, Skoda Auto
General Motors

South Korea prompts General Motors union to reach wage deal

Monday, 09 April 2018 by admin

South Korea on Friday prompted General Motors’s local subsidiary and labor union to gain a wage deal swiftly, adding the government will be able to talk about support for the money-losing unit on condition of an agreement. General Motors, which in February declared it would shut one of its South Korean factories, stated it will

  • Published in General Motors
Tagged under: General Motors, Gunsan plant, Paik Un-gyu, south korea, TV Chosun, wage deal
Fiat Chrysler Automobiles (FCA)

Fiat Chrysler plans to proceed with Magneti Marelli

Monday, 09 April 2018 by admin

Fiat Chrysler stated on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and issuing shares in a new holding for 99-year old parts business to FCA investors. The spin-off is part of a strategy by FCA Chief Executive Sergio Marchionne to “purify” the Italian-American automaker’s portfolio and to unlock value

  • Published in Chrysler, Fiat
Tagged under: Agnelli family, FCA, Fiat Chrysler, Magneti Marelli, sergio marchionne
Images of Peugeot 308

Emissions fines will create Chinese ‘Trojan Horse’, says Peugeot boss

Monday, 09 April 2018 by admin

A major European automaker could be brought “to its knees” by carbon dioxide emissions fines, permitting a Chinese purchaser to intervene with its own electric vehicle technology, Peugeot maker PSA Group’s chief executive said. Carlos Tavares, who chairs European auto industry lobby group ACEA, stated that policymakers had failed to expect this outcome of the

  • Published in Peugeot
Tagged under: Carlos Tavares, Dongfeng Motor, Peugeot, PSA group
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