Tag: FCA

@Ferrari: FERRARI PARTICIPATED AS A PURCHASER IN EXOR’S ACCELERATED BOOKBUILD OFFERING000421

Maranello (Italy), February 27, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that, following the accelerated bookbuild offering made by Exor N.V. (“Exor”) on February 26, 2025, the Company has participated in the offering by agreeing to repurchase 666,666 common shares for a total consideration of Euro 300 million, at the same… Continue reading @Ferrari: FERRARI PARTICIPATED AS A PURCHASER IN EXOR’S ACCELERATED BOOKBUILD OFFERING000421

OwlTing Unveils OwlPay Harbor™, Offering USDC On/Off-Ramp Service

The Company officially becomes a Stellar Anchor that enables seamless API integration for Web3, DeFi, and digital wallet companies to make compliant and reliable transactions. TAIPEI, Feb. 26, 2025 /PRNewswire/ — OwlTing Group (the “Company”), a global blockchain fintech company, today announced the launch of OwlPay HarborTM, a next-generation digital payment infrastructure that enables Web3,… Continue reading OwlTing Unveils OwlPay Harbor™, Offering USDC On/Off-Ramp Service

Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings. The mutlinational conglomerate, which… Continue reading Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit

Stellantis, Elkann: “Excellent candidates for the after Tavares”. But the unions push: “The 500 hybrida is not enough for Mirafiori”

The “auditions” for the after Tavares go on, but in the meantime Stellantis records decreasing numbers, as it was easy to predict after the production difficulties and the stops that have affected the plants, Mirafiori in the first place. Here is what emerges from the presentation of the 2024 accounts of the group born from… Continue reading Stellantis, Elkann: “Excellent candidates for the after Tavares”. But the unions push: “The 500 hybrida is not enough for Mirafiori”

Agnelli family holding company to sell 4% of luxury-car maker Ferrari

$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Agnelli family holding company to sell 4% of luxury-car maker Ferrari

January new car pre-registration figures

SMMT released figures for January pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in January 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading January new car pre-registration figures

@Ferrari: Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering000420

Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor’s total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari’s multi-year Euro 2.0 billion share buyback program as announced during our 2022… Continue reading @Ferrari: Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering000420

German Manager Magazin: Stellantis: Winning in 2024 fell by almost two thirds, share with price loss 003996

The Opel mother group Stellantis suffered a significant drop in profits last year. The operational profit was sagged by almost two thirds to 8.6 billion euros, as the company announced on Wednesday. The net win even shrank by 70 percent, while the operational margin at 5.5 percent more than halved. This year it should also… Continue reading German Manager Magazin: Stellantis: Winning in 2024 fell by almost two thirds, share with price loss 003996