Fiat Chrysler will locate its new global headquarters in London’s West End, opting for the most expensive office district in the world.
Category Archives: Useful Information
VW’s German workers will seek above-inflation pay rises
German workers at Volkswagen will push for above-inflation pay rises next year, even as Europe’s largest carmaker seeks to cut costs and boost flagging profitability in its core division, their main labor union said.
Lotus plans to cut up to 325 jobs to reduce losses
UK sports car maker Group Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses.
Stefan Sommer, ZF CEO sees more acquisitions beyond TRW purchase
ZF Friedrichshafen, which agreed to buy TRW Automotive Holdings for $11.7 billion on Sept. 15, sees a need for more acquisitions as even the largest auto suppliers seek size and technology.
EU asks WTO to rule on dispute with Russia over van exports
The European Union wants the World Trade Organization to rule on its dispute with Moscow over tariffs on vans exported from the EU to Russia, the WTO said today.
