@Ferrari: Ferrari Pricing of Issue of Notes000374

Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a… Continue reading @Ferrari: Ferrari Pricing of Issue of Notes000374

@Groupe PSA: PR Leapmotor International Begins Operations to Expand Global Electric Vehicle Sales Starting September 2024 in Nine European Countries, Followed by Other Key Growth Regions007590

AMSTERDAM, HONG KONG – Stellantis N.V. and Leapmotor today announced that the two companies have received all required authorizations and the formation of Leapmotor International B.V., a 51/49 Stellantis-led joint venture, is now complete. Headquartered in Amsterdam, the management team led by CEO Tianshu Xin, a former Stellantis China executive, are now laying the groundwork… Continue reading @Groupe PSA: PR Leapmotor International Begins Operations to Expand Global Electric Vehicle Sales Starting September 2024 in Nine European Countries, Followed by Other Key Growth Regions007590

Ferrari Pricing of Issue of Notes

Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a… Continue reading Ferrari Pricing of Issue of Notes

Stellantis to launch Leapmotor T03 as ultra-affordable EV for Europe

Stellantis will bring Chinese electric car maker Leapmotor T03 supermini and C10 SUV to European markets – including the UK – beginning in September. The multinational giant paid £1.3 billion for a 21% stake in the eight-year-old Chinese firm and exclusive export rights late last year.  The T03 and C10 are the first of a… Continue reading Stellantis to launch Leapmotor T03 as ultra-affordable EV for Europe

@FCA: Continued Efforts to Support Diversity and Inclusion Recognized

May 14, 2024 , Auburn Hills, Mich. –  Stellantis’ continued efforts to support diversity and inclusion have been rewarded with a No. 16 ranking on the elite Fair360’s Top 50 Companies list, moving up 14 spots from last year’s ranking — the strongest improvement by any company on the list.   Additionally, Stellantis earned top spots on… Continue reading @FCA: Continued Efforts to Support Diversity and Inclusion Recognized

@FCA: Stellantis Sponsors Mopar CAP Scholarships for Indigenous Students

May 14, 2024 , Auburn Hills, Mich. –  Stellantis is partnering with the American Indian Science and Engineering Society (AISES) to award three scholarships to help qualifying Native American students in the United States and Canada with tribal membership become full-fledged automotive service technicians. Worth up to $20,000 (USD) each, the scholarships will reimburse awarded students… Continue reading @FCA: Stellantis Sponsors Mopar CAP Scholarships for Indigenous Students

New Vauxhall Frontera EV brings seven seats and 248-mile range

The Vauxhall Frontera, a chunky electric replacement for the Crossland, will go on sale in the UK imminently with a range of up to 248 miles and the option of seven seats. It will be available with a choice of two batteries, giving either 186 miles as standard or 248 miles in the long-range version,… Continue reading New Vauxhall Frontera EV brings seven seats and 248-mile range

Audio Interview: The Fast Growing India Auto Market: The Transition from ICE to Smart Mobility

In this GlobalAutoIndustry.com Audio Interview “The Fast Growing India Auto Market: The Transition from ICE to Smart Mobility” Ron Hesse speaks with Ravi Bhatia. Ravi is the President and Board member of JATO Dynamics India. He is a senior Industry leader with more than 20 years experience in the automotive industry and has worked with… Continue reading Audio Interview: The Fast Growing India Auto Market: The Transition from ICE to Smart Mobility

Le Mans 24H: Innovation vehicle of Bosch Engineering and Ligier Automotive with hydrogen engine shows the sustainable future of motorsport

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Le Mans 24H: Innovation vehicle of Bosch Engineering and Ligier Automotive with hydrogen engine shows the sustainable future of motorsport

@FCA: Mopar CAP Features Tony Stewart Racing Drivers, Students at NHRA Route 66 Nationals

May 13, 2024 , Joliet, Ill. –  Students from three local area colleges – Waubonsee Community College, Moraine Valley Community College and Milwaukee Area Technical College – will participate in a special Mopar Career Automotive Program (CAP) career networking event Friday, May 17 at Route 66 Raceway in the NHRA Gerber Collison & Glass Route 66… Continue reading @FCA: Mopar CAP Features Tony Stewart Racing Drivers, Students at NHRA Route 66 Nationals