CLOSE The proposed merger of Fiat Chrysler and the company that controls the Peugeot brand is expected to have an impact on FCA’s bargaining with the UAW. (Photo: PSA) The real impact of the expected merger of Fiat Chrysler Automobiles and Peugeot will take some time to become clear, but an early test could come… Continue reading Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks
Tag: FCA
Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director
Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) is pleased to announce the appointment of Rocco Iannone as its Brand Diversification Creative Director. Starting from November 4, Mr. Iannone takes responsibility for developing the creative content, design and image of all of Ferrari’s own and licenced apparel and accessories collections. The 35-year-old holds a Fashion Degree from Milan’s… Continue reading Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director
European factories at risk in Peugeot-Fiat merger
FRANKFURT (Reuters) – Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market. FILE PHOTO: Logos of Peugeot and Fiat are seen in this illustration… Continue reading European factories at risk in Peugeot-Fiat merger
Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
Citroën Jumper and Jumpy BEVs coming in 2020, while the next-generation Berlingo goes electric in 2021. Citroën intends to electrify all its models – passenger and Light Commercial Vehicles by 2025. While the first passenger plug-in models are just around the corner, let’s take a look at the upcoming LCVs (Jumpy, Jumper and New Berlingo… Continue reading Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
Solid Q3 2019 on all metrics
Robust performance leads to upgrading 2019 guidance Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows: Total shipments of 2,474 units, up +9.4% Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currency(1) Adj. EBITDA(2) of Euro… Continue reading Solid Q3 2019 on all metrics
Ferrari looks to capitalize on brand name as it promises faster growth
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy promising even more growth. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File… Continue reading Ferrari looks to capitalize on brand name as it promises faster growth
Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results(5) for the third quarter and nine months ended September 30, 2019, summarized as follows. Total shipments of 2,474 units, up +9.4%Net revenues of Euro 915 million, up +9.2% or +7.1% at constant currencyAdj. EBITDA of Euro 311 million, up +11.5% with an EBITDA margin of 33.9%Adj.… Continue reading Ferrari: Solid q3 2019 on All Metrics. ROBUST PERFORMANCE LEADS TO UPGRADING 2019 GUIDANCE.
Ferrari forecast turbo-charged by Portofino, Superfast sales
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File Photo Ferrari’s… Continue reading Ferrari forecast turbo-charged by Portofino, Superfast sales
James May Buys A New Ride: A Tesla – To Save Combustion-Engined Cars
Don’t get fooled by the red Ferrari cover: this car is green. Well, almost… You most certainly know James May. He is one of the people that make the most famous trio of car reviewers in the world, currently called “The Grand Tour.” Not as polemical as Jeremy Clarkson and not as daring as Richard… Continue reading James May Buys A New Ride: A Tesla – To Save Combustion-Engined Cars
For Peugeot, Fiat Chrysler Deal Could Open the U.S. Market—Again – The Wall Street Journal
Peugeot boss Carlos Tavares likes to point out the last time the French car maker made a splash in the U.S.: in 1919, when Peugeot won its last Indy 500. Peugeot pushed hard in the 1980s to sell its cars to Americans, but the brand never took off. At one point, it became the butt… Continue reading For Peugeot, Fiat Chrysler Deal Could Open the U.S. Market—Again – The Wall Street Journal