For the third year,
the PSA Group has achieved growth of the Automotive division operating margin
to 6 per cent 5% in 2015; growth in vehicle sales to 3.15 million, up 5.8 per
cent; and growth of its net financial position due to €2.7 billion free cash
flow; and finally a group recurring operating income up 18 per cent compared
with 2015 of €3,235 million.
As the world's leading provider of confidential insider information from 1979 to 2000, Auto Industry Newsletter has now re-emerged by popular request to provide chief executives with the insight necessary to meet today's challenges. Editor: John Mortimer
Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts
Sunday, 26 February 2017
Wednesday, 22 February 2017
Diesel F-150 set to boost SinterCast
The chief executive of
foundry process control technology specialist SinterCast sees further
substantial growth for the company in the year ahead.
Wednesday, 15 February 2017
Can PSA Group gain where GM loses?
What does Peaguot SA
know that so far has eluded General Motors in Europe? It remains to be seen.
But, if you’re gonna buy something, you sure as hell gotta make it work.
Monday, 30 January 2017
GM-Honda SOP of fuel cells set for 2020
As if to emphasise the growing shift to
electric vehicles (EVs), General Motors and Honda have set up the auto industry’s first manufacturing
joint venture to mass produce an advanced hydrogen fuel cell system that will
be used in future products from each company with SOP set for 2020.
Monday, 23 January 2017
Opposed-piston engine work is ‘no joke’ – Achates
Under perceptive
questioning by a WardsAuto reporter, Achates President and chief executive
officer David Johnson claims interest from vehicle builders is serious and will
lead to production.
Sunday, 22 January 2017
Automakers begin to mull the Trump effect
As UK Prime Minister,
Teresa May, become the first foreign leader to meet new US President Donald
Trump, focus will be on trade. And trade with Trump will be the one notion that
senior executives in the global automotive industry this weekend will be the
mulling the implication of Trump’s inauguration.
Wednesday, 18 January 2017
Opposed-piston – promises, promises, promises
Opposed-piston engines
for road vehicles have proved to be a moving target. Mystifying and elusive. Promises
are made and not fulfilled. But now it looks as though there could be light at
the end of the tunnel. But still the light at the end of the tunnel is set for 2018.
SinterCast responds to 'dieselgate' issues
Swedish foundry
process control specialist SinterCast is one of the first leading
automotive-related companies to respond to possible issues surrounding the
impact of 'dieselgate' on its business.
Monday, 9 January 2017
Toyota commits to US; BMW to Mexico
Japanese car giant Toyota says will it invest $10bn (£8.2bn) in the
US over the next five years - the latest car giant to announce major
investments.
Sunday, 8 January 2017
Ford fits 3-litre diesel to F-150 pick-up truck
Ford, the US’s leading
truck leader, now offers an all-new 3-litre Power Stroke V6
turbo diesel and the “next generation” 2.7-litre EcoBoost engine in the new 2018 Ford F-150. Ford now has a truck to more than match the Fiat Chrysler Automotive Ram 1500 with its VM Motori V6 turbo diesel and which, like the 'new' 3-litre V6 from Ford has a CGI vee cylinder block. Ford's move raises one simple question: How will GM, the sleeping giant, respond? Will the 'new' 4.5-litre Duramax appear sooner rather than later? Another vee CGI diesel? The US rumour mill says the CGI Duramax will bow in summer 2018.
Friday, 16 December 2016
GM engine plant to receive $295 million
General Motors’
Tonawanda Engine Plant near Buffalo, New York, will receive $295.9 million by
2018 for future engine production.
Sunday, 9 October 2016
US Postal set for hybrid delivery vans?
The United States
Postal Service (USPS) is set to examine the use of hybrid delivery vans as part
of its Next Generation Delivery Vehicles (NGDV) programme which has just kicked
off.
Thursday, 29 September 2016
GM ditches piezos, opts for solenoids
Those expecting
General Motors to jump through the hoop in launching the company down the
compacted graphite iron (CGI) route with its redesigned Duramax 6.6L V-8 turbo-diesel will go to bed tonight disappointed. And others might see a step from piezo as a backwards move.
Sunday, 25 September 2016
Texas awaits next Duramax engine
Observers
of the US diesel engine scene are waiting for this week's Texas State Fair
which opens 30 September to see how General Motors achieves 445 bhp from its
6.6-litre V8 Duramax.
Sunday, 4 September 2016
Spectris gobbles up Millbrook in £122 million deal
Rutland Partners only wanted the former General Motors/Vauxhall Motors’
proving ground at Millbrook for one thing, and one thing only – to make money.
Thursday, 1 September 2016
GM/US Army to probe fuel cell military vehicles
Next Month, General Motors and the US Army Tank Automotive Research,
Development and Engineering Center (TARDEC) will reveal a fuel cell electric
vehicle; as Nikola Motor also opts for fuel cells but for Class 8 trucks.
Monday, 29 August 2016
GM’s Tonawanda awaits news affecting its future
General Motors’ Tonawanda
engine plant is expecting to hear some news that could affect its future.
Sunday, 7 August 2016
Battle for Silverstone becomes bitter
Having lost out some three
years ago in its bid to buy the Millbrook Proving Ground in Bedfordshire previously
owned by General Motors, JaguarLandRover set its cap at buying the Silverstone
racing facility.
Tuesday, 12 July 2016
First turbine truck to bow in 3 years
For the second
time this year and only the fourth time in 19 months, demand for Class 8 trucks
in the US rose faster than the supply. However, new generation hybrid turbine
trucks are unlikely to fill the gap anytime soon.
Wednesday, 29 June 2016
CGI offers boost for small diesels
Development of small-displacement diesel
engines using compacted graphite iron (CGI) and offering over 100 bhp/litre is
under way.
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