Maranello (Italy), 01 April 2020 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: Termination of the third tranche of the disclosed multi-year share repurchase program
Tag: FCA
@FCA: FCA Canada Announces “Drive Forward” Initiative, Offering Incentives and Support to Consumers
April 1, 2020 , Windsor, Ontario – In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA Canada is launching its “Drive Forward” campaign. Starting today, April 1, Chrysler, Dodge, Jeep®, Ram Truck and FIAT brands will offer well-qualified buyers no payments for up to 120 days on all… Continue reading @FCA: FCA Canada Announces “Drive Forward” Initiative, Offering Incentives and Support to Consumers
@FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers
April 1, 2020 , Auburn Hills, Mich. – In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA is launching its “Drive Forward” initiative. Starting today, April 1, Chrysler, Dodge, Jeep®, Ram Truck, FIAT and Alfa Romeo brands will offer 24/7 support and well-qualified buyers can get 0% financing… Continue reading @FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers
@FCA: FCA US Reports First-quarter 2020 Sales
April 1, 2020 , Auburn Hills, Mich. – FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March. “Our dealers have once again stepped up as pillars of the community as… Continue reading @FCA: FCA US Reports First-quarter 2020 Sales
Ford delays restarting production indefinitely
Ford Motor Co. on Tuesday said it will further delay restarting production at its North American plants as the COVID-19 outbreak continues to spread in the United States. The Dearborn automaker last week had shared its intentions to begin manufacturing again at Hermosillo Assembly in Mexico starting next Monday and at select U.S. plants, including… Continue reading Ford delays restarting production indefinitely
Fiat Chrysler does not see delay in PSA merger, FIOM union says
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) did not mention any possible delay in the merger process with France’s PSA (PEUP.PA) during a call with unions on Tuesday, metal workers’ union FIOM… Continue reading Fiat Chrysler does not see delay in PSA merger, FIOM union says
Delay in Fiat Chrysler-PSA merger “inevitable”, Italy’s FIOM union says after meeting with FCA
MILAN, March 31 (Reuters) – Italy’s metalworker union FIOM said Fiat Chrysler had confirmed its merger plans with Frances’ PSA during a call with unions on Tuesday, adding that a delay was “certain” given the current situation. “FCA confirmed its industrial plan and the path of its merger with PSA, which will certainly suffer a… Continue reading Delay in Fiat Chrysler-PSA merger “inevitable”, Italy’s FIOM union says after meeting with FCA
Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows
Brussels, 31 March 2020 – The jobs of at least 1,110,107 Europeans working in automobile manufacturing are affected by factory shutdowns as a result of the COVID-19 crisis, according to data compiled by the European Automobile Manufacturers’ Association (ACEA). This figure only refers to those people directly employed by car, truck, van and bus manufacturers… Continue reading Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows
Fiat Chrysler CEO to halve his salary for three months in virus response -letter
FILE PHOTO: CEO of Fiat Chrysler Automobiles (FCA) Mike Manley attends the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook MILAN (Reuters) – Fiat Chrysler (FCHA.MI) top executives will temporarily cut their salaries to preserve the automaker’s financial soundness during the coronavirus emergency, Chief Executive Mike Manley told employees… Continue reading Fiat Chrysler CEO to halve his salary for three months in virus response -letter
Fiat Chrysler looks to resume some Italian production next week: union
FILE PHOTO: New Fiat 500 electric cars are displayed at a Fiat Chrysler event held to unveil its first electric model, in Milan, Italy, March 4, 2020. REUTERS/Flavio Lo Scalzo/File Photo MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) is looking to resume some vehicle production from next week at three plants in Italy if it… Continue reading Fiat Chrysler looks to resume some Italian production next week: union