Citation 2021 was a foundational year for Faurecia. Firstly, the successful spin-off from PSA/Stellantis significantly increased our free float, enlarged our international shareholder base and enhanced share liquidity. Secondly, we launched the acquisition of a majority stake in HELLA, a strategic and transformative investment that was successfully closed within five months. For the full year,… Continue reading @Groupe PSA: PR Full-year 2021 results003308
Category: OEMs
@BMW: Joint winners in the BMW Munich – Urban Production architecture competition001774
Munich. The winners of the BMW Munich – Urban Production architecture competition for outstanding, future-proof production at the home plant in Munich have been decided. The jury of the international contest voted unanimously in favour of designs by Rotterdam’s OMA and Copenhagen’s 3XN architects. After a day and a half of intense deliberation, they concluded… Continue reading @BMW: Joint winners in the BMW Munich – Urban Production architecture competition001774
Fairytales Stellantis CEO Carlos Tavares Tells the World – CleanTechnica
This is a reaction to an interview with four influential European journals as previously reported on by Steve Hanley. Originally, the title of this article was “The Lies Stellantis CEO Carlos Tavares Told The Press,” but I changed it to “Fairytales Stellantis CEO Carlos Tavares Tells The World.” The change was because lies are deliberate… Continue reading Fairytales Stellantis CEO Carlos Tavares Tells the World – CleanTechnica
Q&A: AutoNation CEO sees vehicle prices moderating this year – WRAL News
By TOM KRISHER, AP Auto Writer DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale, Florida, company, said used-vehicle prices are starting to ease a bit, but he doesn’t think… Continue reading Q&A: AutoNation CEO sees vehicle prices moderating this year – WRAL News
@VW Group: TOUR D´HORIZON DE L´ANNÉE 2021 – BUGATTI’S RECORD-BREAKING YEAR004662
Bugatti’s position as the leading manufacturer of hyper sports cars continues to flourish, following the most successful year in the company’s history. During 2021, 150 customers personalized and ordered a hyper sports car from Bugatti – 60 per cent of which were completely new to the brand. The ground-breaking Chiron1 is sold out and all… Continue reading @VW Group: TOUR D´HORIZON DE L´ANNÉE 2021 – BUGATTI’S RECORD-BREAKING YEAR004662
New Ferrari Purosangue SUV confirmed for launch in 2022
The new Ferrari Purosangue SUV will make its debut later this year, with its arrival confirmed as part of the Italian brand’s 2021 financial report. It’ll be the Ferrari’s first ever off-roader – and has been designed to rival luxury models such as the Aston Martin DBX, the Lamborghini Urus and the Bentley Bentayga. Ferrari… Continue reading New Ferrari Purosangue SUV confirmed for launch in 2022
@Nissan: Nissan to build two all-new, all-electric models at Mississippi assembly plant000664
2022/02/17 Nissan to invest $500 million to transform Canton assembly plant to build all-new Nissan and Infiniti EV models starting in 2025; the company has now invested $13.5 billion in its U.S. manufacturing operations Investment supports retraining and upskilling nearly 2,000 jobs, transforming the Canton plant into a center for EV manufacturing and technology EV… Continue reading @Nissan: Nissan to build two all-new, all-electric models at Mississippi assembly plant000664
Tavares EU CO2 Critique Finds Support, But Environmentalists Disagree – Forbes
Carlos Tavares, chief executive officer of Stellantis. Photographer: Cyril Marcilhacy/Bloomberg © 2021 Bloomberg Finance LP Leaders of the European auto industry are almost at one in carrying out politicians’ orders without question that a climate change emergency demands swift action to cut carbon dioxide using battery electric power; almost, but not quite all. Carlos Tavares,… Continue reading Tavares EU CO2 Critique Finds Support, But Environmentalists Disagree – Forbes
@VW Group: Terminology at Porsche: do you understand the Porsche code?004660
Some dreams are difficult to capture in words because they have such long names. One example is the Porsche 356 A 1500 GS Carrera, which, in 1955, conjured up a blissful expression on the faces of car enthusiasts the world over. Visually and technically, the elegant sports car was superb: “Look, there goes a Porsche… Continue reading @VW Group: Terminology at Porsche: do you understand the Porsche code?004660
@VW Group: Agile and exclusive: Porsche presents the first Macan T004657
17/02/2022 The Macan T has now been added to the successful Porsche model range. This is the first four-door sports car that will bear the special designation, which was previously the reserve of the 911 and 718 models. The letter T has represented a unique form of dynamic driving at Porsche since the 1960s. It… Continue reading @VW Group: Agile and exclusive: Porsche presents the first Macan T004657