Tag: Automotive

PSA appoints Cyrille Moreau as B to B director | Automotive Industry News

PSA has appointed Cyrille Moreau as director of its B to B division and will report to income and advertising director, Thierry Koskas.

Previously accountable for Free2move Lease functions, Moreau succeeds Olivier Bodet.

With a lot more than 20 years of experience in the automotive sector on B to B and Used Autos, Moreau will aim on supporting B to B buyers in mobility wants and in lessening CO2 footprint.

The B to B entity of PSA addresses a worldwide scope. It defines the B to B business strategy, approach and business plan to obtain the objectives established by the

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UK auto industry will struggle without targeted Government support | Automotive Industry Comment

The British isles Government’s GBP300bn write-up-virus stimulus deal announced this week omitted automotive specific actions. Just a issue of weeks in the past, it appeared that the closing touches ended up becoming applied to an automotive sector guidance deal that would include things like scrappage incentives designed to kick-commence new car revenue.

Finally, the British isles Governing administration made a decision on a assortment of broader economic guidance actions and qualified the housing, hospitality and electrical power sectors.

The British isles Governing administration definitely faces a massive challenge in acquiring the British isles economic system again up and working again

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Sales recovering but outlook still grim – the week | Automotive Industry Comment

The worlds light vehicle market is forecast by just-auto parent company GlobalData to decline by 17.2% to 73.6m units in 2020, due to the impact of the COVID-19 pandemic and its associated economic fallout

The world’s light-weight car marketplace is forecast by just-car mother or father firm GlobalData to drop by seventeen.2% to 73.6m units in 2020, due to the affect of the COVID-19 pandemic and its affiliated economic fallout

Unsurprisingly, the COVID-19 pandemic, which is showing troubling indications of a resurgence in lots of nations subsequent the comforting of lockdown constraints, carries on to impact new car product sales. Circumstance in issue – the US where by lots of states and regions have just lately reimposed stricter lockdown rules again soon after a resurgence of new infections. Our individual evaluation confirmed the 12

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Tenneco appoints Kevin Baird as COO | Automotive Industry News

Tenneco has appointed Kevin Baird as main functioning officer, powerful three August, 2020. 

In the position, Baird joins the government leadership team and will guide and assist strategic and operations initiatives.

“I am pleased to welcome Kevin to Tenneco and the addition of his automotive market, world wide operations administration and private equity track record to the deep experience and strength of our government leadership team,” said Tenneco CEO, Brian Kesseler.

“He provides a verified monitor document of providing sturdy major and bottom line benefits, driving money circulation and expanding return on invested funds.”

Baird joins Tenneco from Guardian Industries,

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Amazon to use stock awards to keep Zoox workers – report | Automotive Industry News

Amazon plans to create at least US$100m in stock awards to keep the roughly 900 staff of Zoox, the self-driving motor vehicle startup it provided to acquire very last month, and can walk away from the offer if large quantities of them change down career offers from the engineering huge, Reuters noted.

The report noted Amazon, which is aggressively expanding into self-driving engineering, introduced not too long ago it experienced agreed to obtain the Silicon Valley company which was established on an ambitious work to style a absolutely autonomous vehicle from the ground up alternatively than retrofitting existing automobiles for

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