/

Browse bloomberg articles

Renault gets approval from third labor union for job cuts


Renault gained the backing of a third labor union to implement its restructuring plan which involves eliminating 7,500 jobs and freezing wages. “We agreed to sign the deal,” Fred Dijoux, the leader of the CFDT union at Renault, told Bloomberg. Two other unions, the FO and CFE- CGC, have already said they would support the deal. The three unions represent about 64 ...
Read more

related more
spacer
spacer

More bloomberg articles

Tesla will repay U.S. Energy Department loans five years early
Tesla Motors has announced it will repay the loans to the U.S. Energy Department five years ahead of schedule in a plan approved by the government. Tesla Motors received $465 million ...
Honda investing $1 billion in new Acura models
Honda is investing $1 billion in its luxury brand Acura to launch a series of new products, including the flagship RLX sedan, an MDX sport wagon and the return of ...
GM denies reports about CEO Dan Akerson’s pay rise
General Motors today strongly denied media reports that said the company had requested an increase in CEO Dan Akerson's compensation for 2013. The Detroit News and Bloomberg said on Monday GM was ...
Hurricane Sandy damage toll reaches 250,000 vehicles
The total number of cars damaged in superstorm Sandy rose to 250,000, an insurance-industry group said. The state of New York had the highest number of damaged vehicles – 150,000. New ...
Report: Alan Mulally to get bonus payment after employment ends
Ford CEO Alan Mulally will receive a bonus after his employment ends as reward for leading the automaker through its turnaround. According to a Ford regulatory filing cited by Bloomberg, the ...
BMW turns to wind power for its plants
BMW will harness winds to secure power and defend profits as costs rise due to Germany's 550 billion euro plan to quit nuclear energy. Four wind turbine towers will soon supply ...
GM South Korea redeemed 700 billion won of preferred shares
General Motors South Korea announced it redeemed about 700 billion won ($649 million) of preferred shares to avoid paying higher dividends. GM Korea bought back the securities from creditors including Korea ...
Piech suggests VW will add at least one brand
Volkswagen AG chairman Ferdinand Piech suggested the company has plans to add at least one brand to the lineup in a bid to become the world's largest carmaker by 2018. In ...
Ford sued by former UK workers for pensions’ transfer to Visteon
Ford was sued by more than 1,400 former UK employees for making misleading statements about the transfer of their pensions to Visteon Corporation during the spinoff of the auto parts ...

latest automotive news
Wolff injured in cycling crash
Jul.23 (GMM/Inautonews.com) Toto Wolff is expected to attend this weekend's Hungarian grand prix, despite undergoing surgery on Tuesday following ...
Review – German GP 2014
Taking Rosberg’s easy win out of the picture, the German GP was truly spectacular, full of wheel-to-wheel racing, some of ...
2015 Hyundai Tucson gets launched in the U.S.
The 2015 Hyundai Tucson is now available in dealerships across the United States for a base price of 21,500 USD, ...
2015 Smart ForTwo Brabus spied for the very first time
Our spy photographers have managed to capture the brand new Smart ForTwo Brabus on camera for the very first time. Daimler’s ...
2015 Audi Q7 spied
The German based automaker Audi is currently developing an updated version of the Q7 which will make its way onto ...
Slightly updated Mercedes-Benz M-Class seed in the U.S.
A modest facelift will soon be applied to the popular Mercedes-Benz M-Class as the test mule pictured below has been ...
Red Bull rivals ‘target’ Vettel – Marko
Jul.23 (GMM/Inautonews.com) McLaren and Mercedes have targeted Sebastian Vettel, the German magazine Sport Bild reported on Wednesday. The sport said ...
Facelifted Jaguar XJ spied
The facelifted version of the Jaguar XJ is currently in development as the model should make its official debut by ...
Honda NSX test mule gets spied
Our spy photographers have managed to provide us with new spy photos of the upcoming Honda NSX which has been ...
US: auto journalists make record coast-to coast run in Tesla Model S
Kudos to our fellow peers, which unassisted by Tesla, set out to prove electric cars can be fast, reliable and ...
[VIDEO] Ferrari 458 Italia gets crashed in Latvia by drunk driver showing off
This impressive Ferrari 458 Italia will need some important servicing in order to return to its former glory after its ...
Consumer Reports rates high Buick’s Regal
The 2014 Buick Regal was considered by the highly influential magazine as the second-best pick in the premium sedan segment, ...
Australian recall roundup: Holden VF Commodore and Holden WN Caprice
Australia’s Holden car company has recently announced a recall for the VF Commodore and for the WN Caprice because of ...
Matte Black Lamborghini Aventador gets crashed in Taiwan
Another Lamborghini Aventador supercar has been recently crashed in Taiwan after its driver lost control of the wheel and met ...
Recall roundup: Chrysler Group Durango and Grand Cherokee
Chrysler has issued a new recall, this time for the Dodge Durango and for the Jeep Grand Cherokee, because of ...
US: study says convertible owners are educated and prosperous
New research conducted by Experian Automotive reveals that cabrio owners typically tend to be more educated and affluent than the ...
Another Pagani Huayra gets delivered to the U.S.
A new Pagani Huayra has been recently delivered to a customer living in the United States, making Christmas come a ...
Ford exceeds expectations on new, weight-saving F-150
The No. 2 US automaker is slowly letting us peek into all there is to know about the latest generation ...