It’s not just Volkswagen that is suffering from growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of 5.5… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007855
Tag: FCA
German FAZ: Volkswagen and General Motors continue to fall behind in competition007855
Over-the-air updates, AI assistants, autonomous driving or sophisticated infotainment: digital functions are now more important as a selling point for cars than horsepower and brand image. In the new comparison of digital performance, behind the series winner Tesla it is mainly Chinese manufacturers such as Xpeng and BYD as well as the American providers Rivian… Continue reading German FAZ: Volkswagen and General Motors continue to fall behind in competition007855
German Manager Magazine: Stellantis: Dealers oppose CEO Carlos Tavares003627 on CO₂ targets
Carlos Tavares (66) is known for his clear edge. As some colleagues have recently felt, especially Renault-Boss Luca de Meo (57) started to rail against stricter CO₂ regulations for car manufacturers in the EU from 2025, he said Stellantis-Boss against it. “It would be surreal to change the rules now,” Tavares told the AFP news… Continue reading German Manager Magazine: Stellantis: Dealers oppose CEO Carlos Tavares003627 on CO₂ targets
@FCA: FlexCare: The New MVP in Stellantis Vehicle Service
October 7, 2024 , Auburn Hills, Mich. – FlexCare is the new name for vehicle service contracts and other vehicle protection products in the United States, Stellantis announced today. FlexCare replaces Mopar Vehicle Protection (MVP). Currently being launched gradually in the U.S. and in select global markets, FlexCare will be linked with Stellantis vehicle brands, Chrysler… Continue reading @FCA: FlexCare: The New MVP in Stellantis Vehicle Service
Ferrari N.V.: Periodic Report on the Buyback Program
Maranello (Italy), October 7, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth 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
FlexCare: The New MVP in Stellantis Vehicle Service
AUBURN HILLS, Mich., Oct. 7, 2024 /PRNewswire/ — FlexCare replaces Mopar Vehicle Protection (MVP) – new name, but same expert factory service and variety of tailored vehicle protection products Continue Reading FlexCare is the new name for vehicle service contracts and other vehicle protection products in the United States. FlexCare replaces Mopar Vehicle Protection (MVP). FlexCare… Continue reading FlexCare: The New MVP in Stellantis Vehicle Service
@FCA: Dodge Hornet R/T FC1-X Driver Bakkerud Records Double Dodge Wins in Group E Nitrocross Action at Utah Motorsports Campus
October 7, 2024 , Auburn Hills, Mich. – Veteran Andres Bakkerud, despite fighting strep throat and a 104-degree fever, scored a sensational “clean sweep” with two Group E feature victories in his Monster Energy Dreyer & Reinbold Racing Dodge Hornet R/T FC1-X electric-powered racecar, leading a Dodge 1-2 finish each day in Nitrocross Series rounds three… Continue reading @FCA: Dodge Hornet R/T FC1-X Driver Bakkerud Records Double Dodge Wins in Group E Nitrocross Action at Utah Motorsports Campus
@FCA: Stellantis Rejects UAW Proposal to Restore Jobs Bank; Files Additional Lawsuits
October 7, 2024 , Auburn Hills, Mich. – After filing its initial lawsuit against the UAW and UAW Local 230 representing the Los Angeles Parts Distribution Center on Oct. 3, Stellantis filed eight additional lawsuits against the UAW and 23 Local unions on Oct. 4, prompting a meeting with the UAW on Saturday. The UAW proposed… Continue reading @FCA: Stellantis Rejects UAW Proposal to Restore Jobs Bank; Files Additional Lawsuits
@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000396
Maranello (Italy), October 7, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000396
@FCA: Jeep® Brand Previews Next-generation Compass
October 7, 2024 , Auburn Hills, Mich. – The Jeep® brand previewed the next-generation Compass, the first four-wheel-drive compact Jeep SUV built on the STLA Medium platform. True to the brand’s “Freedom of Choice” strategy, it will offer various multi-energy propulsion systems delivering affordable capability, top performance, and advanced technology. Debuting first in Europe in 2025… Continue reading @FCA: Jeep® Brand Previews Next-generation Compass