Category Archives: General Talk

Honda NSX prototype to participate at Goodwood Festival hillclimb

The new Honda NSX supercar has been shown as a concept at various Motor Shows and the prototype will be shown again at the Goodwood Festival of Speed in June, when it takes on the world’s most famous hillclimb.

This is a rare opportunity to see and hear the all-new version of a NSX supercar, powered by an innovative three-motor Sport Hybrid Super Handling All-Wheel Drive (SH-AWD) system.

Schaeffler takes €380 million provision on EU antitrust fine

Schaeffler takes €380 million provision on EU antitrust fine

German supplier Schaeffler took a €380 million ($526 million) provision after being fined in a European Union antitrust probe.

Toyota suspends workers at India plants over unrest

Photo taken on July 31, 2008 shows Toyota employees looking at a project plan during the unveiling of the foundation stone for the second Toyota Kirloskar Motors plant in Bidadi, south-west of Bangalore

Toyota has suspended 17 workers at its Indian auto assembly plants which were temporarily closed this week following protests against delayed pay rises, a union and company official said Thursday.

The workers were suspended for misconduct and indiscipline over the protests at the two factories in southern India, which the company says included threats against management and deliberate assembly-line stoppages.

“The suspended employees are all members of the union. The lockout was declared more due to indiscipline than on wage hike demand, though it all began with that,” a company official in the city of Bangalore told AFP.

A union representing the workers demanded Toyota immediately withdraw the suspensions, saying there had been no official warning beforehand as required under labour laws.

Toyota Kirloskar Motor Ltd Union president Prasanna Kumar said it was willing to continue to work with the company and the state labour commissioner to resolve the dispute.

“There was no charge-sheet against them as per the state labour laws prior to suspension. We have sought the state government’s intervention for lifting the lockout and withdrawing the suspension orders,” Kumar told AFP, adding the union was notified late Wednesday of the suspensions.

File photo shows a worker adjusting components on an …

The world’s biggest automaker said Monday it was suspending production at the factories which employ about 6,400 workers near Bangalore after efforts to hammer out a labour deal failed.

Toyota said some employees had resorted to deliberate stoppages of the production line, abuse and threats to supervisors and continuous disruptions to business for the past 25 days.

Company and union officials had been trying to sign a new contract for the past 10 months, with the government helping mediate negotiations.

The two factories produce about 310,000 autos annually in a range of models including the flagship Camry sedan, the Corolla and the Prius hybrid, mostly for the domestic market.

The strife at the factories comes after unrest at other Indian car plants. A riot in 2012 at Maruti Suzuki’s Manesar plant near New Delhi saw workers chase supervisors with iron rods, killing a personnel manager and injuring close to 100 other managers.

The riot, which workers’ representatives at the time said was caused by unhappiness over wages and working conditions, saw India’s leading carmaker by sales lock out workers for a month and cost it some $250 million in lost production.

BMW orders 2 more ENGEL moulding machines for i3 EV body shell components

ENGEL_Pressemitteilung_BMW_Leipzig(1)

BMW has awarded ENGEL Austria another contract to supply system solutions to BMW’s Leipzig factory, where ENGEL duo injection moulding machines are used to manufacture car body shell components for the BMW i3 electric vehicle. The latest order includes two large-scale ENGEL duo machines with 40,000 kN clamping force integrated as a double system.

Friedrich Eichiner, sees risks to BMW’s Russia business

BMW's finance chief sees risks to group's Russia business

BMW’s Chief Financial Officer, Friedrich Eichiner, said any worsening of the crisis between Ukraine and Russia, one of the carmaker’s fastest growing markets, would jeopardize the company’s outlook, while the group’s CEO, Norbert Reithofer, urged for a diplomatic solution to the conflict.