Tag: GM

German FAZ: What’s behind Tavares’ expulsion008302

The divergences had become too great. With immediate effect, the board of directors of the car manufacturer Stellantis accepted the resignation of Carlos Tavares as CEO on Sunday. The press release from the parent company of brands such as Peugeot, Fiat and Opel is brief, but its tone is unmistakable. In the past few weeks,… Continue reading German FAZ: What’s behind Tavares’ expulsion008302

German FAZ: Head of Opel parent Stellantis resigns008301

The car manufacturer Stellantis, which is suffering from problems in the important US market and a weak industry situation, has to look for a new boss sooner than expected. The board of directors has accepted the resignation of Carlos Tavares, the multi-brand group (including Peugeot, Citroen, Fiat, Chrysler, Jeep, Alfa Romeo) announced on Sunday evening.… Continue reading German FAZ: Head of Opel parent Stellantis resigns008301

German FAZ: Opel should learn from the Chinese008300

In Frankfurt and other large cities they are unmissable: the car dealerships that Chinese electric car manufacturers have opened there, some in prime city locations. Recently, the Opel parent company Stellantis has also started offering battery-powered vehicles from China: In the Stellantis branch in Neu-Isenburg, for example, in addition to cars from the Citroën and… Continue reading German FAZ: Opel should learn from the Chinese008300

German FAZ: Darwinistic Competition008300

The selection process in the auto industry is progressing. Now it hits Carlos Tavares, who was CEO of the Stellantis Group until Sunday and therefore the master of Opel, Fiat and twelve other brands. He was shown the door with immediate effect. This means that Europe’s auto industry is losing one of its most prominent… Continue reading German FAZ: Darwinistic Competition008300

End of an era as Carlos Tavares exits Stellantis

Carlos Tavares There was a point in time when Carlos Tavares could do no wrong. He was seen as the miracle turnaround man for Groupe PSA when it was literally down and out in the period of the global slowdown for 2009 to 2013. Not only did Tavares bring Peugeot back from the brink but… Continue reading End of an era as Carlos Tavares exits Stellantis

@Groupe PSA: OP “Unfortunately good” unfortunately types better000711

Even the most experienced football tipster rubs his eyes in amazement: Wolfsburg won in Leipzig by a whopping 5:1. Dortmund defied Bayern to take a point and were even in the lead for a long time before Munich equalized without Harry Kane, who was out injured. Not many in our tipping community expected that, but… Continue reading @Groupe PSA: OP “Unfortunately good” unfortunately types better000711

GM is selling its stake in one of its four EV battery plants: Here’s why

GM announced plans to sell its stake in the nearly completed Lansing, Michigan, EV battery plant to joint venture partner LG Energy Solution. The Lansing facility is one of four planned GM plants to open in the US. GM sells off its stake in Michigan EV battery plant The Lansing plant was one of three… Continue reading GM is selling its stake in one of its four EV battery plants: Here’s why

LG Energy Solution and GM to Jointly Develop Prismatic Battery Cell Technology

Under this definitive agreement, the companies will develop prismatic battery cell technology and affiliated chemistries for GM’s future EVs The agreement marks an extension of the two companies’ successful 14-year battery technology partnership LG Energy Solution to become the first global battery manufacturer to offer all three form factors (pouch-type, cylindrical, prismatic) SEOUL, South Korea,… Continue reading LG Energy Solution and GM to Jointly Develop Prismatic Battery Cell Technology