Date 04/03/2020 Flensburg, March 4, 2020. In February, 239,943 Passenger cars (Passenger car) newly registered, -10.8 percent less than in the same month last year. Both commercial (66.8% / – 7.8%) and private New registrations (33.1% / – 16.1%) declined. With the exception of Porsche (+19.1%), the declining number of registrations in February extended to… Continue reading Press release 07 / 2020- vehicle registrations in February 2020
Tag: FCA
Eden Motor Group acquires Hyundai Torbay dealership
Eden Motor Group has completed the acquisition and re-branding of Torbay Hyundai, taking its representation with the Korean carmaker to four sites. Reading-based Eden completed the acquisition on March 1 and opened for business in time for the start of the key 20-plate change over this week. Located on Barton Hill Road, in central Torquay,… Continue reading Eden Motor Group acquires Hyundai Torbay dealership
Peugeot CEO Tavares says China strategy needs rethink
FILE PHOTO: Carlos Tavares, chief executive officer of PSA Group, speaks during the annual results news conference at their headquarters in Rueil-Malmaison, near Paris, France, February 26, 2020. REUTERS/Benoit Tessier/File Photo RUEIL-MALMAISON, France (Reuters) – Peugeot boss Carlos Tavares said on Friday PSA and Fiat Chrysler (FCA) will need to review their strategy in China… Continue reading Peugeot CEO Tavares says China strategy needs rethink
FIA could not prove Ferrari’s 2019 engine broke F1 rules
LONDON (Reuters) – Formula One’s governing body suspected Ferrari’s engine was not always operating within the rules last year but lacked conclusive evidence, it said on Thursday as a threat of legal action hung over the start of the new season. FILE PHOTO: Formula One F1 – French Grand Prix – Circuit Paul Ricard, Le… Continue reading FIA could not prove Ferrari’s 2019 engine broke F1 rules
Bristol Cars comes to end of the road after 73 years
Bristol Cars, maker of elegant luxury cars favoured by celebrities including Sir Richard Branson, Bono, Liam Gallagher, Tina Turner and fashion designer Paul Smith, is being wound up owing millions.Four years ago at the Goodwood Festival of Speed, Bristol Cars introduced a new model, the £250,000 Bullet, powered by a BMW V8.From its factory at Patchway near Filton in south Gloucestershire, Bristol built a series of large saloon cars powered by Chrysler V8 engines from the US.
Fiat presents electric version of the small car 500: This is how FCA starts the e-age with the Cinquecento
DPA The 3rd generation of the mini car Fiat 500 was presented in Milan – including the electric drive The Italians are daring. The FCA group took a local risk at the world premiere of the third generation of the Fiat 500. Because the Geneva Motor Show was canceled, the Italians unveiled the new incarnation… Continue reading Fiat presents electric version of the small car 500: This is how FCA starts the e-age with the Cinquecento
@FCA: FCA to Invest $400 Million to Convert Idled Indiana Transmission Plant to Build Engines; Nearly 200 New Jobs to be Added to Support Production
March 5, 2020 , Kokomo, Ind. – FCA announced today that it will invest $400 million to repurpose an idled transmission plant in Kokomo, Ind., to build the GMET4 engine – the Company’s 2.0-liter Global Medium Engine inline four-cylinder turbo that is currently offered on the Jeep® Wrangler and Jeep Cherokee. With this investment, 1,000 Indiana jobs… Continue reading @FCA: FCA to Invest $400 Million to Convert Idled Indiana Transmission Plant to Build Engines; Nearly 200 New Jobs to be Added to Support Production
Ferrari publishes agenda for the 2020 AGM
Maranello (Italy), March 4, 2020 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that it has published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (“AGM”), which will take place on April 16, 2020 in Amsterdam.Ferrari’s AGM notice and explanatory notes and other AGM materials are available under the… Continue reading Ferrari publishes agenda for the 2020 AGM
Motor racing: FIA could not prove Ferrari’s 2019 engine broke F1 rules
LONDON (Reuters) – Formula One’s governing body suspected Ferrari’s engine was not always operating within the rules last year but lacked conclusive evidence, the FIA said on Thursday. The FIA explained in a statement that it had therefore reached a private settlement to avoid lengthy litigation and an uncertain outcome. The confidential settlement, announced last… Continue reading Motor racing: FIA could not prove Ferrari’s 2019 engine broke F1 rules
Head of Ram, Fiat Chrysler sales exits after his whistleblower lawsuit
The head of Fiat Chrysler Automobiles NV’s Ram truck brand and U.S. sales is leaving the company almost eight months after he filed a federal whistleblower lawsuit against his employer. Reid Bigland will leave effective April 3 to “pursue interests outside of FCA,” the Italian American automaker said Wednesday in a statement. His departure means the… Continue reading Head of Ram, Fiat Chrysler sales exits after his whistleblower lawsuit