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IBIS Middle East returns to Dubai
- November 1, 2016
- Posted by: Simon Wait
- Category: IBIS News
IBIS Middle East will return to Dubai again next February, when more than 150 top level automotive delegates will converge on the Le Méridien Dubai Hotel and Conference Centre. Taking place on 22 February, next year’s theme will be ‘Success Through Synergy’, which will reflect the rapidly changing business environment and the challenges and opportunities [...] -
VW planning double-digit job cuts
- October 31, 2016
- Posted by: Simon Wait
- Category: Industry News
Volkswagen plans to cut more than 10,000 jobs as it switches to green technology. That number could rise to 25,000 in the next decade as workers retire. Head of human resources Karlheinz Blessing told the Frankfurter Allgemeine Zeitung, ‘It’s not about dismantling a few hundred jobs. Over the years, it will amount to a five-digit [...] -
High hopes for flying cars
- October 28, 2016
- Posted by: Simon Wait
- Category: Industry News
Uber plans to deliver flying cars to commuters within a decade through a network of on-demand electric aircraft. It’s published a white paper outlining the objectives of a new project called Uber Elevate, which reveals plans for the development of Vertical Take-Off and Landing (VTOL) aircraft which it says could turn a two-hour drive into a [...] -
VW on ‘solid financial footing’
- October 28, 2016
- Posted by: Simon Wait
- Category: Industry News
Despite the fall-out from the emission scandal the Volkswagen Group has reported an operating profit before special items of €11.3bn in the first nine months of the year, representing an increase of 10.5%. The sales revenue of €159.9bn was on a level with 2015 figures, while profit after tax was €5.9bn. Chairman Matthias Müller said, [...] -
Registrations hit 10-year high
- October 27, 2016
- Posted by: Simon Wait
- Category: Industry News
New car registrations in the 29 European markets analysed by JATO Dynamics hit a 10-year high in September, with 1,495,815 units registered. That is an increase of 7.1% compared to the same month last year. For the year to date, registrations have reached 11.6 million units, an increase of 7.7% when compared to 2015. This [...]