May 28 20
The automotive industry in Europe will collapse more than 30% in 2020
The automotive industry in Europe will collapse more than 30% in 2020 The sector will record the worst evolution since 1999, according to a study by Euler Hermes. Germany, United Kingdom, France, Spain and Italy, which represent 75% of the European Union car market, the decrease in April reached 84%, compared to the 42% global drop. Europe’s automobile industry is down more than 30% so far in […]
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May 27 20
Renault will produce the Alliance vehicles in Europe after a change in the business model
Renault will produce the Alliance vehicles in Europe after a change in the business model Nissan will be a reference in China, North America and Japan Renault will handle Europe, Russia, South America and North Africa Mitsubishi to Lead Association of Southeast Asian and Oceanian Nations The Renault-Nissan-Mitsubishi Alliance today announced a new cooperative business model that aims to enhance the competitiveness and profitability of its three companies. Thus, the […]
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May 23 20
Mexico: In June, up to 2,500 stores will be closed in shopping centers
Mexico: In June, up to 2,500 stores will be closed in shopping centers Alsea and CMR ‘lowered the curtain’ in 40% and 32% of their restaurants in squares that have suspended operations for now. bulletWalmart and Soriana discounted two months rent to tenants in their stores. MEXICO: In June, between 1,500 and 2,500 stores, which represent between 9.3 and 18 percent of the 14,000 stores that operate within […]
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May 23 20
France admits that Renault “may disappear”
France admits that Renault "may disappear" Its market value falls 2.86% The Economy Minister, Bruno Le Maire, conditions a loan with state guarantees amounting to € 5 billion to “commitments” in the electric vehicle, the respect of the auxiliary companies, and the location in France of their most advanced technological activities. The French economy minister, Bruno Le Maire, admits the serious […]
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May 22 20
End of Airbus A380 approaching: ‘Corona crisis has accelerated phase-out’
End of Airbus A380 approaching: 'Corona crisis has accelerated phase-out' More and more airlines want to get rid of the Airbus A380 at an accelerated pace. Initially, the superjumbo would be phased out in 2022, but airlines are forced to take the type out of use due to the corona crisis. Air France, Lufthansa and Emirates, among others, have already indicated that they will fly […]
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May 22 20
Booking.com does not use support; ‘layoffs coming’
Booking.com does not use support; 'layoffs coming' Booking.com will not use the second support package from the Dutch government. The company is currently still receiving subsidies for personnel who work in the Netherlands through the NOW scheme. There was a lot of criticism, because the company made a profit for years and used the money to, among other things, boost its own […]
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