GENEVA (Reuters) – The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines. The BMW M8 is seen during a presentation at the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy… Continue reading UPDATE 2-Diesel collapse gives automakers carbon headache
Tag: FCA
Stoneacre buys Platts Garage in Stafford
Stoneacre Motor Group has bought Platts Garage in Stafford, representing Fiat, Dacia, Renault and Kia. Platts has been located on the same site in Lightwood Rd, Longton since 1938 when it was known as Peppers Garage. It was awarded the Fiat franchise in 1946 and billed itself as the longest established Fiat franchise in the UK.… Continue reading Stoneacre buys Platts Garage in Stafford
Moody’s raises its ratings on FCA N.V.
Moody’s raises its ratings on FCA N.V.
BRIEF-Brembo chairman says not interested in Magneti Marelli
March 6 (Reuters) – Italian brakes maker Brembo Chairman Alberto Bombassei tells journalist at Geneva car show: * ABSOLUTELY NO INTEREST IN FIAT CHRYSLER’S MAGNETI MARELLI UNIT * CONSIDERING ONLY “TECHNOLOGICALLY ADVANCED” PRODUCTS FOR POSSIBLE ACQUISITIONS Further company coverage: (Reporting by Milan Newsroom) Our Standards:The Thomson Reuters Trust Principles.
Press Releases – EU-US automobile trade and production in context
Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context
Morgan Plus 8 50th Anniversary launched
Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
The death of diesel: can struggling industry woo back consumers?
Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?
Press Release No. 05/2018 – Vehicle registrations in the February 2018
date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018