ACI: Angelo Sticchi Damiani receives the “Golden Collar of Sports Merit”

12.16.2024 From CONI the highest honor of Italian sport This morning, in Rome, at the Sinopoli Hall of the “Ennio Morricone” Auditorium Parco della Musica, the President of the ACI – Angelo Sticchi Damiani – received, from the hands of the President of CONI Giovanni Malagò, the “Golden Collar of Sporting Merit”, the highest honor… Continue reading ACI: Angelo Sticchi Damiani receives the “Golden Collar of Sports Merit”

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), December 16, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Stellantis this month swiftly re-hired retired executive Timothy Kuniskis to lead Ram, one of its most important brands. Steered by Chairman John Elkann, Stellantis, owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Carlos… Continue reading Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Performance Brokerage Services Represents Lithia & Driveway (LAD) on the Sale of North Branch Chevrolet in Minnesota

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of North Branch Chevrolet in Minnesota from Lithia & Driveway (LAD) to Tyler Kadlec of Tom Kadlec Automotive. IRVINE, Calif., Dec. 16, 2024 /PRNewswire/ — Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is proud to represent Lithia & Driveway (NYSE: LAD)… Continue reading Performance Brokerage Services Represents Lithia & Driveway (LAD) on the Sale of North Branch Chevrolet in Minnesota

Italy ready to work with Stellantis if jobs and plants are preserved, says Meloni

Italian politicians repeatedly accused Tavares of neglecting historic manufacturing sites and moving production abroad. The Italian government is willing to work with Stellantis NV on the carmaker’s future strategy provided it keeps jobs and factories in the country, Prime Minister Giorgia Meloni said on Sunday. “We evaluate the economic cases on their own merits,” Meloni… Continue reading Italy ready to work with Stellantis if jobs and plants are preserved, says Meloni

Ferrari Roma replacement gets set to take on the Aston Martin Vantage

The Roma only arrived back in 2020, but Ferrari has already removed its entry-level grand tourer from sale – and replacing it will be this new front-engined coupé that we’ve caught testing for the first time.  However, the successor we’ve spied here looks fairly similar to the outgoing car, and we suspect it will be… Continue reading Ferrari Roma replacement gets set to take on the Aston Martin Vantage

New Aston Martin Valhalla revealed, and it’s more amazing than we expected

You’re looking at the brand-new Aston Martin Valhalla, a mid-engined supercar from the iconic British firm that has its eyes fixed on Italian supercar royalty from Ferrari and Lamborghini.  This isn’t the first time we’ve seen Aston Martin’s new supercar, but the Valhalla’s long-winded gestation has meant the car initially revealed over three years ago… Continue reading New Aston Martin Valhalla revealed, and it’s more amazing than we expected

LEGAL BLOG Motor finance, the Supreme Court ruling and dealers

Following on from the seismic changes brought on by the decision in Johnson v FirstRand Bank Ltd, Wrench v FirstRand Bank Ltd and Hopcraft v Close Brothers Ltd. [2024] EWCA Civ 1282, dealers and finance institutions have been holding their breath to see if the matter would proceed to the Supreme Court. In what appears… Continue reading LEGAL BLOG Motor finance, the Supreme Court ruling and dealers

The Dacia Spring might be flawed, but it’s easy to love

The original Fiat Panda vibes are strong with this one. Equally, this could well be what 70mph on the A34 feels like in an Ikea chest of drawers. A good one, mind you, that’s had all of those funny lock-screw things fully tightened up and has yet to be disassembled and lashed back together again… Continue reading The Dacia Spring might be flawed, but it’s easy to love

Stellantis, CATL announce $4.3b JV to build battery plant in Spain

Chief Executive Officer of Stellantis Carlos Tavares (L) and Citroen brand CEO Thierry Koskas (R) pose after a press conference on media day of the Mondial de l’Automobile (Paris Motor Show) at the Porte de Versailles Exhibition Center in Paris, France on Oct 14, 2024. [Photo/VCG] Stellantis, a Franco-Italian automaker, and Chinese battery giant Contemporary… Continue reading Stellantis, CATL announce $4.3b JV to build battery plant in Spain