@Groupe PSA: Louis Gallois will continue to serve as Chairman of the Peugeot S.A. Supervisory Board

Further to the signing of the Combination Agreement between Groupe PSA and FCA on December 17, 2019, and in order to ensure continuity until the closing of the merger between the two companies, Louis Gallois has agreed, with the Supervisory Board members, that he will continue to serve as Chairman of the Peugeot S.A. Supervisory… Continue reading @Groupe PSA: Louis Gallois will continue to serve as Chairman of the Peugeot S.A. Supervisory Board

Fiat Chrysler closes four plants as Italy fights coronavirus with lockdown

London (CNN Business)Fiat Chrysler (FCAU) is cutting car production and temporarily closing four plants across Italy as the coronavirus takes its toll on the world’s eighth biggest economy.The move follows a decision by the Italian government to impose sweeping restrictions on travel and public gatherings as it tries to contain the worst outbreak of coronavirus, or Covid 19, outside China.Italy on Monday imposed widespread restrictions on travel and public life across the country, including closing schools, movie theaters, museums and gyms, and limiting opening hours for bars, restaurants and shops.

Louis Gallois agrees to play extra time at PSA

One of the great sponsors of French industry wanted to retire from business before the summer, with the feeling of duty accomplished and the will to devote himself entirely to his generous associative life. Six years after his arrival as chairman of the PSA supervisory board, then in addition to this unfortunate posture, Louis Gallois… Continue reading Louis Gallois agrees to play extra time at PSA

Marelli plans new headquarters in Southfield, moving from Auburn Hills, Farmington Hills

CLOSE Less than a year after Fiat Chrysler Automobiles sold its Magneti Marelli components business, the new iteration of the supplier is planning to open a North American headquarters for 500 employees in Southfield in the old Federal-Mogul building. Marelli, the new name for the supplier, plans to consolidate its operations — currently two facilities in… Continue reading Marelli plans new headquarters in Southfield, moving from Auburn Hills, Farmington Hills

GM: FCA-UAW bribery scheme ‘targeted and directly harmed’ automaker

Fiat Chrysler Automobiles NV executives accused of bribing United Auto Workers officials “targeted” General Motors Co. in an attempt to do it harm, the Detroit automaker claimed Monday in its rebuttal to FCA’s request for the civil racketeering case against it be dismissed. In November, GM filed an unprecedented civil racketeering lawsuit against the Italian American automaker.… Continue reading GM: FCA-UAW bribery scheme ‘targeted and directly harmed’ automaker

Ferrari confirms its operational continuity

Maranello (Italy), March 9, 2020 – As is known, on 8 March the Italian government approved a new law in which more preventative measures were introduced for the areas most affected by the COVID19 which is impacting Italy,  whilst still allowing for continued working activity.Maranello is also part of these territories.Ferrari has activated all of… Continue reading Ferrari confirms its operational continuity

@Ferrari: Ferrari confirms its operational continuity

Maranello (Italy), March 9, 2020 – As is known, on 8 March the Italian government approved a new law in which more preventative measures were introduced for the areas most affected by the COVID19 which is impacting Italy,  whilst still allowing for continued working activity. Maranello is also part of these territories. Ferrari has activated… Continue reading @Ferrari: Ferrari confirms its operational continuity

General Motors tightens travel protocols as coronavirus spreads

Flags fly outside the General Motors world headquarters building. Bill Pugliano | Getty Images General Motors is tightening its travel protocols for employees as global cases of the coronavirus top 100,000, including at least 233 in the U.S.  Domestic and international travel for GM employees effective Friday “requires senior leader approval,” a company spokesman told CNBC.… Continue reading General Motors tightens travel protocols as coronavirus spreads