Surcar Europe

Western brands launch fightback at Beijing show

1 May 2024 13:47 - Autonews

VW. GM, Toyota and Nissan were among Western brands that brought eye-catching new metal to the Beijing auto show to capture the attention of Chinese buyers.

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Aston Martin Q1 sales slump ahead of new model ramp up

1 May 2024 10:27 - Autonews

Aston Martin is scheduled to start deliveries of its V-12 flagship sports car that will be propelled by a new engine in the fourth quarter. It also has plans for another special model aimed at the super rich.

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VW offers €900M in buyouts to trim German payroll

1 May 2024 09:48 - Autonews

VW aims to cut administration jobs in Germany by offering long-standing staff a €50,000 premium if they decide to end their contracts early, which will be paid on top of a severance package.

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Polestar delays SEC filing, says it needs to review 'certain errors' in previous financial statements

1 May 2024 02:37 - Autonews

Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent."

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Mercedes replaces U.S. plant boss during UAW push to unionize workforce

1 May 2024 01:12 - Autonews

Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S. assembly plant effective Wednesday.

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Musk dismisses Tesla senior executives in fresh job cuts, report says

30 April 2024 11:21 - Autonews

Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately.

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Stellantis production at three plants hit by strike will restart in early May

30 April 2024 10:26 - Autonews

The Stellantis sites, in France and the U.K., have been halted since the beginning of last week due to a workers strike at supplier MA France, a division of Italian group, which specializes in stamped metal parts.

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Mercedes to stay firm on pricing following Q1 profit drop

30 April 2024 08:51 - Autonews

Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978.

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Industry News

Western brands launch fightback at Beijing show

Aston Martin Q1 sales slump ahead of new model ramp up

VW offers €900M in buyouts to trim German payroll

Polestar delays SEC filing, says it needs to review 'certain errors' in previous financial statements

Mercedes replaces U.S. plant boss during UAW push to unionize workforce

Musk dismisses Tesla senior executives in fresh job cuts, report says

Stellantis production at three plants hit by strike will restart in early May

Mercedes to stay firm on pricing following Q1 profit drop