Maranello (Italy), February 19, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth 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
Tag: FCA
@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000353
Maranello (Italy), February 19, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth 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 Program000353
German Manager Magazine: Joe Biden: US President wants to postpone the transport transition towards electric cars003117
US President Joe Biden (81) wants to postpone the transport transition towards electric cars. No longer are such strict future emissions limits planned, the New York Times reported on Sunday, citing people familiar with the project. Manufacturers should no longer be required to quickly ramp up sales of electric cars. The issue is important in… Continue reading German Manager Magazine: Joe Biden: US President wants to postpone the transport transition towards electric cars003117
Mirafiori, the indiscretion arrives: Stellantis could have Leapmotor’s Chinese allies produce in Turin
Stellantis’ Chinese allies in Mirafiori. A few words in English are enough to send a shiver down the backs of those who follow (from inside or outside) the events of the historic Fiat factory: “The cars would be built in the historic Fiat plant in Mirafiori in Turin and sold by Stellantis’s European dealers “.… Continue reading Mirafiori, the indiscretion arrives: Stellantis could have Leapmotor’s Chinese allies produce in Turin
@niche: WELCOME TO THE “REGRETS AND APOLOGIES” TOUR.003187
Editor’s Note: This week, Peter exposes Ford and GM’s “Regrets and Apologies” tour, as both of their CEOs backpedal and make excuses for dumb decisions and flat-out wrong assumptions. In On The Table we take a look at the 300th Porsche 911 – a 1990 911 Targa (Type 964) – reimagined by Singer. And we provide details for the Petersen… Continue reading @niche: WELCOME TO THE “REGRETS AND APOLOGIES” TOUR.003187
Fiat 500 Hybrid
Apart from the gear lever, and a few updates of the multimedia system, the 500’s interior hasn’t really been touched since its major facelift in 2015. In some ways, it still strikes you as quite a neat bit of packaging. For outright space, you do feel quite tightly squeezed in at the wheel by the… Continue reading Fiat 500 Hybrid
Italy stake in Stellantis not on agenda for now, minister says
Stellantis Chairman John Elkann said in June the company did not need the Italian state as a shareholder. The Italian government buying a stake in Fiat-parent Stellantis is not on the cards, but could be if the automaker requested it, industry minister Adolfo Urso said on Friday. Urso raised the prospect of Rome buying shares… Continue reading Italy stake in Stellantis not on agenda for now, minister says
UAW threatens to strike Ford truck plant in Kentucky if local issues aren’t resolved
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands aren’t resolved by next week. The Detroit union on Friday… Continue reading UAW threatens to strike Ford truck plant in Kentucky if local issues aren’t resolved
@FCA: Stellantis Spotlight Wraps the Week
February 16, 2024 , Auburn Hills, Mich. – “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending February 16, 2024, include Chrysler’s latest concept car, an award win for the Fiat 500e and 2023 full-year financial results. Go to Source
@FCA: Stellantis North America Reorganizes Sales Organization
February 16, 2024 , Auburn Hills, Mich. – Stellantis North America today announced a new sales organization structure that brings a reimagined focus to the two primary sales channels – B2B and B2C – while streamlining responsibilities as the company continues its historic transformation. The following moves are effective March 1, 2024: Jason Stoicevich is named Senior Vice… Continue reading @FCA: Stellantis North America Reorganizes Sales Organization