News

For these employees, the pre-financing of the insolvency money has now been secured by a bank, so that their wages and salaries can be paid retroactively for the months of October, November and December. At the same time, the provisional insolvency administrator has initiated a structured sales proc...

The European New Car Assessment Program (Euro NCAP), based in Belgium, was first established in 1996 and quickly became the European industry standard for assessing the safety of passenger cars and commercial vehicles. “This is proof of our consistent efforts in safety developments to go beyond what...

The JV will be known as Rivian and Volkswagen Group Technologies, and is based on a total deal size of up to $5.8 billion. Developers and software engineers from both companies will join the project, with teamsbased in Palo Alto, California, initially.

I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years", commented current BorgWarner's COO, Joseph Fadool.

Some Oklahoma-based papers have been lately reporting news about several accusations by the staff, with about 30 workers recently put under furlough at Canoo's factory in Oklahoma. The pieces of news were confirmed th the U.S.-based manufacturer.

Achim Puchert (45) is currently CEO and President Mercedes-Benz do Brasil and Latin America. The position had been vacant since former CEO, Karin Rådström, was in turn appointed CEO of Daimler Truck AG, back in September.