The utility vehicle (UV) category continues to stamp its power on the overall passenger vehicle (cars, sedans, UVs and vans) segment in India and the latest cumulative April-November 2023 wholesale numbers are ample proof. At an estimated 16,29,859 units, an increase of 23% YoY, UVs now account for 58% of the total PV sales of… Continue reading SUV-MPV share of passenger vehicle sales increases to 58% in April-November 2023
Tag: FCA
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,… Continue reading Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
@FCA: Stellantis Spotlight Wraps the Week
December 15, 2023 , Auburn Hills, Mich. – “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending December 15, 2023, include final production for the legendary Chrysler 300, FIAT celebrates the arrival of the all-new, all-electric Fiat (500e)RED and Latins in Connection employee business… Continue reading @FCA: Stellantis Spotlight Wraps the Week
BCS; BCLYF Investors Have Opportunity to Lead Barclays PLC Securities Fraud Lawsuit
LOS ANGELES, Dec. 15, 2023 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Barclays PLC (“Barclays” or the “Company”) (NYSE: BCS, OTC: BCLYF). Class Period: July 22, 2019 – October 12, 2023 Lead Plaintiff Deadline: January 2, 2024… Continue reading BCS; BCLYF Investors Have Opportunity to Lead Barclays PLC Securities Fraud Lawsuit
New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply
As usual, Toyota, Honda, Kia and Subaru had the lowest supply among non-luxury brands at the start of December. Of luxury brands, Lexus, Land Rover, BMW, and Cadillac had the lowest. Graphic: Cox Automotive December opened with new-vehicle inventory at the highest level since early spring of 2021, according to Cox Automotive’s analysis of vAuto… Continue reading New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply
Porsche Macan to stay in UK as EU sales end
Porsche will remove the combustion-powered Macan from sale in the EU in spring 2024, as it won’t meet new cybersecurity rules, but it will remain available in the UK. The popular SUV, on sale since 2014, was developed before the specifics of the regulation had been finalised. It will be taken off sale in the… Continue reading Porsche Macan to stay in UK as EU sales end
Electric Alfa Romeo keeps saloon shape despite SUV popularity
The electric Alfa Romeo Giulia, due on sale by 2026, will retain its classic saloon silhouette despite the overwhelming popularity of SUVs. The Giulia EV is one of two new D-segment cars Alfa Romeo will launch in 2025 and 2026, the other being an electric Stelvio replacement. A large E-segment model will follow in 2027,… Continue reading Electric Alfa Romeo keeps saloon shape despite SUV popularity
@FCA: Employee Empowerment Recognized With Prestigious Honor
December 15, 2023 , Auburn Hills, Mich. – Stellantis’ dedication to diversity and commitment and to empowering employees continues to receive prestigious recognition. The company’s inclusion efforts have led to one of its business resource groups being acknowledged as one of the best in the country. Stellantis’ Latins in Connection (LinC) has been named as one… Continue reading @FCA: Employee Empowerment Recognized With Prestigious Honor
Stellantis reviews rollout of European dealer rejig amid IT complexity
Stellantis tested the model in Austria, Belgium, Luxembourg and the Netherlands, with an initial plan to roll it out across Europe next year for premium and light commercial vehicle brands. Stellantis is reviewing the timing and structure of a planned reorganisation of its European dealers’ network after a four-country pilot programme revealed IT glitches, a… Continue reading Stellantis reviews rollout of European dealer rejig amid IT complexity
@FCA: University of Utah Student Athletes Given Opportunity to Receive 2024 Jeep® or Ram Vehicle
December 14, 2023 , Salt Lake City – In perhaps the largest teamwide NIL agreement in collegiate women’s sports, the Utah Crimson Collective and its streaming app, Utah 360°, surprised its athletes again on Wednesday, December 13 by announcing a landmark agreement honoring the University of Utah’s women’s and men’s basketball and women’s gymnastics teams. This… Continue reading @FCA: University of Utah Student Athletes Given Opportunity to Receive 2024 Jeep® or Ram Vehicle