There may have been a translation error during PSA CEO Carlos Tavares’s talks with Spanish authorities, or the French automaker may have created the ambiguity to keep rival Volkswagen in the dark about its product plans.
The 2.0L EcoBlue engine will be offered for Transit 2-ton and Transit Custom models in 105-, 130- and 170-hp power ratings, each of which offers increased power and torque compared with the outgoing 2.2L engine.
Used cars are big business in Spain, with about 1.8 million units sold in 2015, up 11.3% from prior-year, according to the GANVAM industry trade group. That compares with 1.03 million new-car deliveries.
CEO Carlos Tavares announces the Vigo plant will be awarded the next generation of the Peugeot 208 to be built exclusively for Europe starting in 2019. PSA currently builds the B-segment minicar in Poissy, France, and Trnava, Slovakia.
The automaker will hire 1,600 new workers, reclassify 1,400 temporary workers as permanent, expand the Valladolid plant to build a new small car and a new engine, add a weekend shift at the Palencia facility and make a new transmission at the Seville factory.
The researchers conclude the net negative impact of the 2000E Plan in environmental terms was €300 million. The authors and some other analysts consider it likely other cash-for-clunkers schemes have had similar negative results.
Despite the government cash-for-clunkers program’s goal of replacing older vehicles with lower fuel economy and higher emissions with new models, older cars generated an average 9.1% profit compared with 8.8% for new ones.
Upon signing the agreement, Renault Spain’s 13,000 workers will receive a €500 bonus. The unions also will receive a cumulative 3.5% salary increase, starting with a 0.5% raise in 2017 and 1% raises in each of the following three years.
The so-called Second Model Agreement asks VW to retain the Landaben plant as the primary Polo assembly facility and maintain production at current levels. Both sides would negotiate competitiveness targets established by the automaker.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.