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Stefano Domenicali takes over leadership of Automobili Lamborghini
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Sant'Agata Bolognese, – Stefano Domenicali will become the new President and CEO of AutomobiliLamborghini on March 15, 2016. He succeeds Stephan Winkelmann, who will take over as CEOof sports Audi affiliate quattro GmbH.
“Over the past eleven years Stephan Winkelmann has transformed Lamborghini into a global leader in the manufacture of super sports cars. His successor, who also possesses a wealth ofexperience in this area, will be continuing this success,” says Rupert Stadler, Chairman of the Board Management of AUDI AG and Chairman ofthe Administrative Board of Automobili Lamborghini S.p.A.
Stefano Domenicali, born on 11th May 1965 in Imola, graduated in 1991 after studying business administration at the University of Bologna and began his professional career in finance with Ferrari. In 1993 he moved to Scuderia Ferrari, where he took over as Head of Business Planning. He was also director of the Mugello circuit, which belongs to Ferrari. From 1996,Domenicali was responsible for sponsors of Scuderia Ferrari, before becoming sporting directorof the Formula 1 team in 1998. From 2004 to 2007 he headed the Direzione Sportiva F1. In 2008 he was Team Principal of Scuderia Ferrari F1, which won the Constructors' World Championship that year. From 2009 to 2014 Domenicali represented Ferrari in the F.I.A World Motor Sport Council and still belongs to that body today. He is currently president of the F.I.A. Single Seater Commission.
He has been Vice President New Business Initiatives at AUDI AG since November 2014.
In 2002 he received the order of merit of the Italian Republic, the Ufficiale Ordine al Merito della Repubblica Italiana.
Stefano Domenicali says: “I am very excited to be taking on the challenges of this great legacy. It is now my duty to continue the successes that my predecessor Stephan Winkelmann achieved for Automobili Lamborghini.”
Stephan Winkelmann comments: “I have been responsible for Lamborghini for a significant periodof time in its history, and in the process have always aimed to use the brand's potential to achieve very ambitious goals. Lamborghini's key corporate data displays continual, profitable growth with a focus on the development of new products, new processes, and many other corporate sectors. Together with my colleagues from the Board of Directors, I was able to facilitate successful initial release of our third model series being launched in 2018. These successes would not have been possible without the passion, skill, creativity, and courage that are ingrained in the Lamborghini DNA and in our employees. I would like to thank everyone for this time from the bottom of my heart.”
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Stefano Domenicali takes over leadership of Automobili Lamborghini
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Stefano Domenicali nominato Presidente e Amministratore Delegato di Automobili Lamborghini
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Stefano Domenicali übernimmt Leitung von Automobili Lamborghini
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Lamborghini Named Most Attractive Company by Italy’s Recent Graduates
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First place in “Best Employer of Choice 2013”
Sant'Agata Bolognese, Italy, 30 April 2014 – Automobili Lamborghini, the luxury super sports car company headquartered in Sant'Agata Bolognese, Italy, was named the most attractive company for recent graduates in Italy in a recent survey by the Fondazione Emblema. Vodafone and Ferrari placed second and third, respectively. The results come from Fondazione Emblema's Employer of Choice 2013 which queries recent graduates and final-year students from the main Italian universities.
Some of the main reasons for students choosing Automobili Lamborghini as their “Best Employer of Choice” included the possibility for professional growth, the excellent working environment and the reputation of the brand.
“Working for Lamborghini means contributing to the creation of a world-beating and coveted product in a highly professional and passionate atmosphere. This result is a further step towards Lamborghini's strategic aim of becoming an ever-more attractive company to work for. Young people represent an important investment for our future, which is why we think it is fundamental both to work actively with schools and universities, where we can find and select the best talent, and to guarantee innovative career paths for the young people we employ,” stated Umberto Tossini, HR and Organization Director.
This latest recognition is also the result of steps taken by Lamborghini over the last year to place greater importance in development policies for young professionals. The Company has organized numerous partnerships and events with the most important Italian universities, such as participation in Career Days and company testimonials.
In terms of vocational training and guidance, Automobili Lamborghini has always shown a strong commitment to the area where it is based through long-term collaborations with universities, schools and other institutions in the region. All this translates into a concrete commitment to the creation of job openings for young high-school and university graduates, with around 300 taken on over the last three years.
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BMW In Talks With Great Wall To Manufacture MINI Vehicles In China
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BMW In Talks With Great Wall To Manufacture MINI Vehicles In China
15 Oct 2017, 21:38 UTC · by Mircea Panait
/ Home / News / Industry
At the present moment, MINI operates a production plant in Cowley, UK, with a remainder of production attributed to VDL Nedcar in Born, Netherlands. In the coming years, however, the BMW-owned British automaker might expand outside of Europe thanks to the helping hand of Great Wall.
23 photosReports in the Chinese media suggest BMW is in early talks with Great Wall to create a joint stock company incorporated in the People’s Republic with limited liability. In a statement released on behalf by the Hong Kong Stock Exchange, Great Wall has confirmed the talks, providing clarifications.
From the statement: “As of the date of this announcement, the Company and BMW have not entered into any legal documents for the establishment of a joint venture in China.” There’s no deal on the table just yet, but the offer is too good for BMW and Great Wall to take a step back. “Both parties entered into a confidential agreement on 18 April 2016 for the feasibility of research and development of battery electric vehicles and traditional power vehicles.”
Upon discussion, BMW and Great Wall signed an agreement on February 21, 2017, “for discussion and evaluation on the feasibility of cooperation for vehicles of MINI brand.” It’s extremely clear, then, that intentions are strong from both parties. But until the two automakers agree to create a joint venture in China, there’s still a whole lot of talk and feasibility evaluation to be done.
BMW is already present in China with the help of Brilliance, an alliance that started in 2003 and is responsible for the local production of the 1 Series, 2 Series Active Tourer, 3er, 5er, and X1. Great Wall, on the other hand, doesn’t have any joint venture to speak of at the present moment. The Haval sport utility vehicle brand sold better than the rest of the Great Wall lineup in 2016, but a joint venture has the potential to be a more lucrative business.
When rumors emerged of the MINI-Great Wall potential tie-up on Wednesday, October 11, shares of the Chinese automaker jumped 13 percent, then were suspended from trading on Thursday. Shares have resumed trading on Monday, 16 October.
Download attachment: MINI-Great Wall joint venture statement (PDF)
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Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat
19 Oct 2017, 14:42 UTC · by Mircea Panait
/ Home / News / Industry
Bad news, fans of Fiat Chrysler’s most Italian of brands! Both Alfa Romeo and Maserati are not doing great regarding sales, the reason why FCA decided to cut production for both automakers. And the reason for this slump in demand? Apparently, new Chinese import rules have hit Fiat Chrysler hard, especially the two brands.
36 photosAlthough China faced criticism in the past for being too lenient on emissions and pollution, the People’s Republic is working hard on addressing these issues. Collateral damage comes in the form of increased restrictions for automakers, mostly because China follows the model set by France and the UK, countries that will ban the sale of fossil fuel cars and SUVs by 2040.
By August 2017, China had reached its 2020 target for solar energy installation, which makes the People’s Republic the largest producer of solar energy in the world. Large-scale carbon capture plants are also on the way, with the first of a planned eight currently being built. The bottom line is, China’s government is very focused on reducing the carbon footprint.
And as a result of these policies, imported automobiles are not exactly welcome in the Middle Kingdom unless they’re hybridized or electric. Alfa Romeo and Maserati don’t have such vehicles in their lineup, and that’s the gist of it. According to Automotive News, FCA declined to comment on the matter, but the cited publication has the numbers to back up its claims.
The Levante plant in Mirafiori will shut down for two weeks between October and November, with sales in China now averaging 350 examples per month compared to more than 800 units per month in the first half of the year. Over at Alfa Romeo, the Cassino plant in Italy now builds 265 vehicles per shift instead of 300. This decision follows four Fridays that were hampered down by production stops, totaling a loss of 2,000-plus Giulias and Stelvios.
From 2,666 Stelvio units delivered in China in July, Alfa Romeo slumped to 227 examples in August. As if that wasn’t bad enough, the Fiat 500X and Jeep Renegade have both seen production reductions at the Melfi plant in Italy. From the report: “Workers at the plant have been temporarily laid off for 21 days this year, including 11 days in the third quarter. As a result, production of the two models was down 25 percent in the quarter.”
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Following an investment of $900 million, the Kentucky Truck Plant is capable of churning out the all-new Ford Expedition and Lincoln Navigator. After the luxed-up Navigator started production on September 25, the Expedition followed suit. One of the first customers of the full-size SUV is Houston pastor Develron Walker (pictured), who received his 2018 Expedition as a gift from FoMoCo.
26 photosWhy’s that? Hurricane Harvey took its toll on Develron’s church and community, as well as his previous car. Walker argues the church was denied both government assistance and a small business loan, despite the fact the pastor and his congregation helped 200 families following the storm. And that, ladies and gentlemen, is the narrative behind Ford’s generous benefaction.
“Even while facing extremely tough circumstances, Pastor Walker has shown his relentless commitment to helping those in his community, and we hope the Expedition will help him go further with his ministry as they rebuild,” declared Joe Hinrichs, the Dearborn-based automaker’s president of global operations.
Just like the previous Expedition, the 2018 Expedition is propelled by a 3.5-liter twin-turbo V6. The EcoBoost engine is rated at 375 horsepower and 470 pound-feet of torque, but there’s a more powerful tune available. Reserved for the Platinum trim level, the more potent EcoBoost develops 400 ponies and 480 pound-feet. Regardless of trim level and drivetrain specification, the newcomer relies on a 10-speed automatic transmission co-developed with GM.
Arriving at dealerships in the coming weeks, the 2018 Ford Expedition is expected to boast best-in-class mileage. What’s for certain, however, is that the redesigned Expedition is the best of its class in terms of towing, being capable of trailering 9,300 pounds (4,218 kilograms). Pricing kicks off at $51,695 for the Expedition XLT. The slightly longer XLT Max will set you back $54,385. At the other end of the spectrum, the 2018 Ford Expedition Platinum Max retails at $75,400.
Those interested in the 2018 Lincoln Navigator, well, the full-sized luxobarge is considerably more expensive. The base model starts at $72,055 while the Black Label retails at $93,705.
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Confirmed: Subaru WRX STI Leaves Europe After 2018, Special Edition Incoming
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Confirmed: Subaru WRX STI Leaves Europe After 2018, Special Edition Incoming
22 Nov 2017, 16:57 UTC · by Mircea Panait
/ Home / News / Industry
In a Facebook post published by Subaru of Germany, the Japanese automaker confirmed a suspicion that set the WRX STI community on fire in the past couple of weeks. And that is, the performance-oriented sedan will be pulled off from Europe at the end of 2018. The reason for this decision? The EJ25 engine.
11 photosHere’s Christian Amenda, the managing director of Subaru Deutschland: “The WRX STI has a long and successful motorsport history and enjoys a small but loyal fan base. The increasingly stringent [CO2] emissions regulations in Europe make the [commercial] conditions for such a classic athlete more difficult, which is why Subaru has opted to stop production.” Clear enough?
Fret not, for the WRX and WRX STI will live on in markets such as the United States of America. Over in Europe, however, the writing was on the wall eons before the current breed went official in 2014 for MY 2015. Take Germany as the best case in point possible, a market where high-performance automobiles are in demand. From 2011 to date, Subaru sold less than 1,000 examples of the rally-bred WRX STI in Deutschland, so that’s that.
This is not the end of the Euro-spec WRX STI, though, with the automaker highlighting that “there’s gonna be some delicacies” in 2018. Most likely, Subaru might adapt the Type RA for the Old Continent or offer the WRX STI in 50th Anniversary Edition flavor. Another possibility might be the Final Edition announced for the UK market only recently. What’s more, hearsay suggests work is underway on the next-generation WRX and WRX STI.
According to the rumor mill, the newcomer will welcome hybridization to improve both performance and carbon dioxide emissions. But as Subaru prepares to take the veils off the Ascent seven-seat crossover at the 2017 Los Angeles Auto Show, a second rumor made the rounds. And that is, why wouldn’t the next-generation WRX and WRX STI get the Ascent's 2.4-liter turbocharged boxer engine as a replacement for the venerable EJ25?
Whatever trick Subaru will pull out of the hat for the next generation, don’t expect the torch to be passed before 2020. And with that, now’s the right time to place an order on the WRX STI if you like the smell of a new car.
Editor's note:
UK-spec Subaru WRX STI Final Edition pictured.
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