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Benefit for both companies from PSA-Opel deal is obvious claim Mary Barra

General Motors CEO Mary Barra referred to the employees and told that combining GM's European Opel and Vauxhall business with Peugeot would be beneficial for both companies. “While there can be no assurance of any agreement, any possible transaction would enable PSA Groupe and Opel Vauxhall to leverage their complementary strengths, enhancing their competitive positions

By |2017-02-15T21:20:57+00:00February 15th, 2017|Categories: US, World|Tags: , , , , |0 Comments

Number of companies opposing Presidents Trumps decisions is rising – Tesla joined the group

More than 120 technology companies has join oppose of President Donald Trump’s immigration ban. One of them is Tesla who join the action today. Companies have filed a legal brief against Trump’s executive order that denies immigrants from seven Muslim-majority countries entry to the U.S. Tesla. The claim was submitted to the U.S. Court of

Trump is continuing meetings with auto industry executives

President Donald Trump meet with the executives of the most important auto makers, to discuss about his policies. Business community is reacting differently on Trumps decisions. On the meeting was present General Motors CEO Mary Barra, Tesla CEO Elon Musk and several other top executives of major U.S. companies. Business leaders stated after the meeting

President Trump meets U.S. auto makers CEO’s

President Donald Trump met Tuesday and CEOs of the Detroit 3 automakers meet today to discuss about keeping production within the U.S. "We have a very big push on to have auto plants and other plants -- many other plants. It’s the long term jobs that we are looking for. We are bringing manufacturing back

General Motors invests $1 billion in U.S. operations, providing 1.500 jobs in the country

General Motors today saying that will invest $1 billion in its U.S. manufacturing operations, creating or keeping 1.500 jobs. The automaker also says it will move production of axle pickup to Michigan, not only its next generation, but also work previously done in Mexico, which means 450 new U.S. jobs. Furthermore GM will create at

By |2017-01-18T18:37:57+00:00January 18th, 2017|Categories: US, World|Tags: , , , , , |0 Comments