2020 VW ID.3 Videos Show Brand's 'Third Most Important Car' Ever - Motor1.com

VW wants the electric hatchback to have the same impact as the Beetle and Golf.

Hot on the heels of last night’s big debut, the 2020 Volkswagen ID.3 is being featured in a series of videos putting the spotlight on what the company argues is its third most important car after the Beetle and Golf. The compact five-door hatchback adopts a new design language reserved for the upcoming ID family of pure electric models, ushering in a fresh visual identity to separate the EVs from the conventionally powered VWs.

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It’s rarely a case when an automaker correctly uses the term “all-new,” but the ID.3 was truly developed from the ground up. Even the oh-so-familiar VW logo has a mildly updated look to signal the wave of the future as Wolfsburg is heavily investing in electric vehicles to make us forget about the Dieselgate ordeal. This zero-emissions hatch has just about the size of a Golf and is just the tip of the iceberg, with a whole fleet of ID cars planned for production in the next decade.

Looks may be subjective, but there’s no denying the ID.3 stands out among the ICE-powered cars offered by the VW core brand. The exterior represents a significant departure from the e-Golf it replaces, while the minimalist interior is also a first for the German brand. In case you haven’t noticed already, “pause” and “play” logos have been embedded into the brake and accelerator pedals, respectively.

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The adjacent videos are showing not only the regular ID.3, but also the upscale limited-run launch edition for which VW has already received 30,000 preorders. It comes with the mid-range 58-kWh battery and offers 201 hp (150 kW) of power, with an instant torque of 310 Newton-meters (229 pound-feet) channeled to the rear wheels.

Carrying a starting price of under €40,000 in Europe, the ID.3 1^st is going to be offered in three fixed configurations, with the range topper being a “Max” version featuring everything from a head-up display and Beats sound system to a panoramic sliding roof and 20-inch wheels.

Production of the 2020 VW ID.3 will commence in November, but the first customer deliveries won't be made until next summer.

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https://www.motor1.com/news/369817/2020-vw-id3-videos/

2019-09-10 06:02:11Z
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Nearly all British Airways flights canceled as pilots go on strike - CNN

The strike was called by the British Airline Pilots Association (BALPA) amid a heated dispute over pay with the airline.

Nearly 200,000 passengers were due to travel on September 9 and 10, a BA spokesperson told CNN Business.

Why the strike?

Pilots are unhappy with BA's offer of an 11.5% salary increase over three years. They want a greater share of the airline's profit.

Pilots had put forward "detailed proposals" in November 2018 for a profit sharing arrangement that would apply to all airline staff, BALPA general secretary Brian Strutton told the BBC on Monday. Having "shared in the pain" when BA went through bad times, pilots wanted a "fair share" of the profit, Strutton said.

This would be up to 7% of pay in good times and zero when times were tough, he said. It would not involve an increase in base pay.

BA said other labor unions, representing nearly 90% of all BA staff, including engineers, cabin crew and ground staff, had accepted the 11.5% increase.

"The average salary for a BA Captain is £167,000 [$206,000] plus flying allowances. The offer of 11.5% would take the average salary to £202,000," a BA spokesperson said. A first officer earns £90,000 on average, the spokesperson said.

What it means for passengers

Passengers due to fly on September 9 and 10 are highly unlikely to be able to travel as planned. The airline advised them not to go to the airport.

BA said it would offer "as many customers as possible" — including those connecting from flights with other airlines — the option to rebook on other airlines, or have their flights refunded.

Knock-on effects were expected to cause some disruption to flights later this week, a spokesperson said.

BALPA is planning another strike for September 27. The airline said it would contact passengers traveling on that date if their flight is likely to be impacted.

Passengers should keep checking the BA website for updates.

What it means for BA

The cost of the strike would be around £40 million ($49 million) per day, according to BALPA. The three strike days already scheduled would cost in the region of £120 million ($148 million).

The airline said it was forced to cancel so many flights because "with no detail from BALPA on which pilots would strike, we had no way of predicting how many would come to work or which aircraft they are qualified to fly."

Members of the pilots union voted 93% in favor of a strike in July. BALPA said last week that it would be willing to call it off if British Airways returned to the negotiating table.

Anna Stewart contributed to this article.

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https://www.cnn.com/2019/09/09/business/ba-british-airways-strike-intl-hnk/index.html

2019-09-09 11:17:00Z
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China Labor Watch reports more labor violatio... - Taiwan News

File photo (By Associated Press)

TAIPEI (Taiwan News) – The labor rights group China Labor Watch (CLW) published a report on Sunday (Sept. 8) detailing labor violations at a Foxconn factory in Zhengzhou that manufactures products for the Apple corporation.

The facility is called “iPhone City” and is reportedly the largest iPhone factory in the world, supplying half of the iPhones sold worldwide. CLW conducted an investigation of labor conditions at the factory over a four year period and found that Foxconn and Apple are responsible for some significant abuses of the Chinese laborers.

According to the CLW report, the factory has used dispatch workers as well as student workers in excess of the legal limit to ensure orders are met during peak season. The company has also allegedly withheld promised bonuses and made use of overtime work opportunities in an illegal reward/ punishment scheme as a means to entice employees into recruiting new workers.

The report says that Foxconn has become increasingly reliant on dispatch labor to make up for a diminished labor force. The Zhengzhou factory workforce is made up of nearly 50 percent dispatch laborers. The report also accuses the Apple Corporation of transferring its increasing costs as a result of the U.S. –China trade war onto the factory laborers in China. From the report’s Executive Summary:

“Recent findings on working conditions at Zhengzhou Foxconn highlights several issues which are in violation of Apple’s own code of conduct. Apple has the responsibility and capacity to make fundamental improvements to the working conditions along its supply chain, however, Apple is now transferring costs from the trade war through their suppliers to workers and profiting from the exploitation of Chinese workers.”

Foxconn was recently criticized by CLW for labor rights violations at a factory in Hengyang, China which manufactures products for Amazon. A list of reported labor rights violations perpetrated by managers at the Zhengzhou factory and the Apple Corporation, along with the complete report, can be found at China Labor Watch’s website.

Update: Foxconn and Apple have reportedly acknowledged some of the violations outlined by CLW.

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https://www.taiwannews.com.tw/en/news/3773307

2019-09-09 07:48:00Z
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British Airways' cargo operations grounded as strike goes ahead - Air Cargo News

There is major disruption to British Airways’ bellyhold cargo operations as the airline’s pilots carry out strike action today and tomorrow.

The strike is the result of an ongoing dispute about pay between British Airways and the pilots’ union BALPA.

The industrial action is the largest ever carried out by British airways with some 1,700 passenger flights being cancelled, thereby grounding bellyhold cargo, which is managed by IAG Cargo.

A statement released today by British Airways, explained: “Unfortunately, with no detail from BALPA on which pilots would strike, we had no way of predicting how many would come to work or which aircraft they are qualified to fly, so we had no option but to cancel nearly 100 per cent our flights.

“We remain ready and willing to return to talks with BALPA.”

Another statement released by IAG Cargo last week said: “BALPA’s unjustifiable strike action does affect parts of our cargo operations.

“Our British Airways schedules have been updated and are now reflected on ba.com. We are working on limiting the operational impact this unacceptable action will have, and we will continue to keep customers updated with the latest information.”

If the dispute is not resolved in future talks – which are as yet unplanned – between British Airways and BALPA, then pilots plan to strike again on September 27.

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2019-09-09 09:13:50Z
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Nearly all British Airways flights canceled as pilots go on strike - CNN

The strike was called for by the British Airline Pilots Association (BALPA) amid a heated dispute over pay with the airline.

BALPA said Sunday on Twitter that it put forward a proposal to the carrier's management Wednesday, but had yet to receive a reply.

British Airways said in a statement posted Monday it remains "ready and willing to return to talks with BALPA."

The airline said it was forced to cancel so many flights because "with no detail from BALPA on which pilots would strike, we had no way of predicting how many would come to work or which aircraft they are qualified to fly."

Customers who had flights booked for Monday and Tuesday will likely "not be able to travel as planned," British Airways said. The airline also advised customers not to go to the airport.

Members of the pilots union voted 93% in favor of a strike in July. BALPA said last week that it would be willing to call it off if British Airways returned to the negotiating table.

According to its website, BALPA represents more than 10,000 pilots in the United Kingdom — more than 85% of all commercial pilots who fly there.

The pilot's union also intends to strike September 27. British Airways said Monday that it will be in contact "in the next few weeks" to let customers who are traveling on or around that date know if they are affected.

While the union is calling for higher wages, British Airways has said its offer of an 11.5% increase over three years "fair" and above the United Kingdom's current rate of inflation. In a statement released last month, it said the strike could "destroy the travel plans of tens of thousands of our customers." It called the strike "a reckless course of action."

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https://www.cnn.com/2019/09/09/business/ba-british-airways-strike-intl-hnk/index.html

2019-09-09 07:41:00Z
CAIiEHTebVk5io7S0PnUub7u8mcqGQgEKhAIACoHCAowocv1CjCSptoCMPrTpgU

Nearly all British Airways flights canceled as pilots go on strike - CNN

The strike was called for by the British Airline Pilots Association (BALPA) amid a heated dispute over pay with the airline.

BALPA said Sunday on Twitter that it put forward a proposal to the carrier's management Wednesday, but had yet to receive a reply.

British Airways said in a statement posted Monday it remains "ready and willing to return to talks with BALPA."

The airline said it was forced to cancel so many flights because "with no detail from BALPA on which pilots would strike, we had no way of predicting how many would come to work or which aircraft they are qualified to fly."

Customers who had flights booked for Monday and Tuesday will likely "not be able to travel as planned," British Airways said. The airline also advised customers not to go to the airport.

Members of the pilots union voted 93% in favor of a strike in July. BALPA said last week that it would be willing to call it off if British Airways returned to the negotiating table.

According to its website, BALPA represents more than 10,000 pilots in the United Kingdom — more than 85% of all commercial pilots who fly there.

The pilot's union also intends to strike September 27. British Airways said Monday that it will be in contact "in the next few weeks" to let customers who are traveling on or around that date know if they are affected.

While the union is calling for higher wages, British Airways has said its offer of an 11.5% increase over three years "fair" and above the United Kingdom's current rate of inflation. In a statement released last month, it said the strike could "destroy the travel plans of tens of thousands of our customers." It called the strike "a reckless course of action."

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https://www.cnn.com/2019/09/09/business/ba-british-airways-strike-intl-hnk/index.html

2019-09-09 06:48:00Z
CAIiEHTebVk5io7S0PnUub7u8mcqGQgEKhAIACoHCAowocv1CjCSptoCMPrTpgU

3 Things to Do if You're in Your 50s With No Retirement Savings - The Motley Fool

Many younger workers put off saving for retirement so they can focus on goals like paying off their student debt or buying a home. But if you've reached your 50s and have no money at all in a dedicated retirement savings plan, consider it a wake-up call to start doing better. Here are three critical moves to make if that's the situation you're in.

1. Cut back on living expenses big time

If you're without retirement savings, chances are it's because you're in the habit of spending your entire paycheck. Getting on a serious budget and making lifestyle adjustments could therefore be your ticket to carving out some money for your nest egg and salvaging your retirement in the process.

IMAGE SOURCE: GETTY IMAGES.

Once you have your budget set up, comb through it to see where your money is going, and commit to making a few major changes that free up cash. That could mean downsizing to a smaller home, going car-less if there's low-cost public transportation where you live, or eating at home rather than dining out three or four times a week. Smaller changes, like downgrading your cable plan, will help, too, but if you're without retirement savings at all, you'll need to think big to make a difference.

2. Start making catch-up contributions to your IRA or 401(k)

The good thing about being in your 50s is that you're allowed to contribute more to a 401(k) or IRA than younger folks. Currently, workers 50 and older can put up to $25,000 a year into a 401(k) and up to $7,000 into an IRA. Those under 50, meanwhile, max out at $19,000 and $6,000, respectively.

Of course, if you're not in the habit of saving any money at all for retirement, it'll no doubt be a challenge to max out either account type. But let's assume you're housing your savings in an IRA. If you were to sock away $6,000 a year for the next 15 years and invest your savings at an average annual 7% return, you'd wind up with about $151,000. On the other hand, if you were to take advantage of that $1,000 catch-up and instead save $7,000 a year, you'd retire with around $176,000, assuming that same time frame and return on investment. That extra $25,000 could make a huge difference during your golden years, so it pays to push yourself to come up with that additional $1,000 annually.

3. Get a side hustle

There may come a point when you can only cut back on so many expenses or make so many sacrifices to free up cash for your nest egg. If you've exhausted those options, it may be time to consider a side hustle. Of the millions of Americans who have a second gig on top of a main job, 14% are taking on that extra work for the express purpose of saving for retirement.

Not only might a second job help you give your 401(k) or IRA a much-needed boost, but it might also be a gig you're able to continue doing during retirement to supplement your income down the line. And if you've reached your 50s without savings, chances are, you'll need all the money you can get once your full-time career comes to an end.

As of 2016, only 52% of workers 55 and older were saving for retirement in a 401(k) or IRA, according to the U.S. Government Accountability Office. Meanwhile, Social Security will replace only about 40% of the average worker's pre-retirement income, and most seniors need close to double that amount to live comfortably. If you're in your 50s without savings for your golden years, it's time to make some serious changes. Otherwise, you'll risk struggling financially when the time comes to finally leave the workforce.

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https://www.fool.com/retirement/2019/09/08/3-things-to-do-if-youre-in-your-50s-with-no-retire.aspx

2019-09-08 11:04:00Z
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