The boss of the Opel-parent company Stellantis, Carlos Tavares (66), rules out factory closures in view of the sales crisis in the automotive industry and competition China not out. “You can’t rule anything out,” Tavares told the French newspaper Les Échos. If the Chinese achieve a market share of 10 percent in Europe at the… Continue reading German Manager Magazine: Stellantis: CEO Carlos Tavares is considering plant closures003648
Tag: GM
@Groupe PSA: PR Stellantis Brings Winning Global Portfolio to Paris Motor Show 2024 With Full Menu of Stylish, High-Tech Electrified Vehicle Debuts007691
PARIS – An electric energy is flowing through the Citroën, Peugeot and Alfa Romeo stands at the Paris Motor Show 2024 (Mondial de l’Auto), as the Stellantis brands present new and upgraded electrified vehicles in their lineups to give customers a wide range of options for clean, safe and affordable mobility. Complementing that trio of… Continue reading @Groupe PSA: PR Stellantis Brings Winning Global Portfolio to Paris Motor Show 2024 With Full Menu of Stylish, High-Tech Electrified Vehicle Debuts007691
@Groupe PSA: PR Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce007690
AMSTERDAM – Today, Stellantis launched the second wave of ‘Shares to Win’ in 18 countries, reaching nearly all Stellantis employees worldwide (more than 230,000). Building on the success (22% of eligible employees participated; 4.4 million shares subscribed) of the initial wave of its ‘Shares to Win’ employee share purchase plan launched in late 2023 in… Continue reading @Groupe PSA: PR Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce007690
Vauxhall owner to make decision on future of UK plants ‘in next few weeks’
A Vauxhall electric van drives off the end of Ellesmere Port’s production line. Photograph: Stellantis/Getty Images View image in fullscreen A Vauxhall electric van drives off the end of Ellesmere Port’s production line. Photograph: Stellantis/Getty Images Vauxhall owner to make decision on future of UK plants ‘in next few weeks’ Stellantis chief says company is… Continue reading Vauxhall owner to make decision on future of UK plants ‘in next few weeks’
@FCA: Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce
October 14, 2024 , Amsterdam – Today, Stellantis launched the second wave of ‘Shares to Win’ in 18 countries, reaching nearly all Stellantis employees worldwide (more than 230,000). Building on the success (22% of eligible employees participated; 4.4 million shares subscribed) of the initial wave of its ‘Shares to Win’ employee share purchase plan launched in… Continue reading @FCA: Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce
MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES, Oct. 14, 2024 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Methode Electronics, Inc. (“Methode” or “the Company”) (NYSE: MEI) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange… Continue reading MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Renault 4 reborn as bold electric crossover for under £30,000
The new Renault 4 electric crossover is set to arrive in the UK next year with a starting price of less than £30k, continuing the revival of famous names from the French brand’s past with retro-futuristic designs. The 4 is the second model in Renault’s ‘Iconic Family’ after the smaller and closely related Renault 5… Continue reading Renault 4 reborn as bold electric crossover for under £30,000
Citroen Ami microcar gets new look inspired by 2CV ancestor
Citroën has given the quirky Ami microcar a new look for its fourth birthday. Revealed at the Paris motor show, the 28mph two-seater has a new “sympathetic and more mature” front end which nods to the face of its spiritual successor, the 2CV. The new Citroën Ami features vent-style grooves on its more pronounced wings, black ‘eyelids’… Continue reading Citroen Ami microcar gets new look inspired by 2CV ancestor
@niche: IT WON’T BE LONG NOW! VERSION NO. 99.003584
Editor’s Note: This week, Peter delves into the latest industry machinations and delusional decisions currently being made in the relentless (and never-ending) slog toward the EV Future. In “On The Table,” we take another detailed look at the new McLaren W1, the successor to the McLaren F1 and McLaren P1 supercars and the latest “supercar of the moment.” And… Continue reading @niche: IT WON’T BE LONG NOW! VERSION NO. 99.003584
Volkswagen Group sells 506,500 BEVs globally in January-September 2024
The Volkswagen Group has sold 6.52 million vehicles (6,524,300 units) worldwide after three quarters of CY2024, down 2.8% on the previous year (January-September 2023: 6.72 million vehicles). Of this total, sale of battery electric vehicles (BEVs) comprised 506,500 units, down 4.7% in the previous year-ago period (531,500 vehicles) and contributed 7.76% to global VW Group… Continue reading Volkswagen Group sells 506,500 BEVs globally in January-September 2024