France saw EVs take 23.3% share of the auto market in July, up from 18.6% year on year. Plugin hybrids saw strong growth in share, with full electrics seeing modest growth. Overall auto volume, at 128,947 units, was up by some 20% YoY, though still below pre-2020 norms. The Dacia Spring was France’s bestselling full… Continue reading Clean Technica: EVs Take 23.3% Share In France — Dacia Spring Top002933
Tag: FCA
Ferrari raises guidance after profit jumps as more customers personalize their sports cars
Ferrari Original Factory Entrance Courtesy: Ferrari Ferrari on Wednesday said that its second-quarter profit jumped 33% from a year ago as more of its customers chose costly “personalization” options for their new sports cars. Ferrari also raised its guidance for the full year following the results. related investing news 2 days ago The company now… Continue reading Ferrari raises guidance after profit jumps as more customers personalize their sports cars
Stellantis-Mercedes joint venture considers Canadian battery plant
Stellantis NV’s European electric-vehicle battery manufacturing joint venture with the Mercedes-Benz Group and a French energy company earlier this year lobbied Canadian officials for incentives for a battery plant. Representatives for Automotive Cells Co. — the collaboration between the maker of Chrysler, Dodge, Jeep, Ram and other vehicles; the German automaker; and TotalEnergies SE —… Continue reading Stellantis-Mercedes joint venture considers Canadian battery plant
FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION
FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION The new design concept will inspire the next generation of Automobili Pininfarina’s pure electric luxury vehicles and will make its public debut at Monterey Car Week in August, where it will appear alongside the recently-revealed Battista Edizione Nino Farina hyper GT and another new production vehicle of an… Continue reading FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION
German Manager Magazin: Ferrari: Luxury sports car maker shines with 40 percent return, Benedetto Vigna raises forecast002643
After a decent run in the past quarter, the luxury sports car maker Ferrari is expecting slightly more profit for the full year than before. CEO Benedetto Vigna (54) now expects earnings before interest, taxes, depreciation and amortization adjusted for special effects of 2.19 to 2.22 billion euros, as the Italians announced on Wednesday in… Continue reading German Manager Magazin: Ferrari: Luxury sports car maker shines with 40 percent return, Benedetto Vigna raises forecast002643
Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend
HOUSTON, Aug. 2, 2023 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company’s common stock repurchase authorization by $153.7 million to $250.0 million, and also declared a quarterly… Continue reading Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend
@FCA: Jeep® Graphic Studio Launches Jurassic Park Package to Celebrate 30th Anniversary of Original 1993 Film
August 2, 2023 , Auburn Hills, Mich. – Jeep® brand’s Jeep Graphic Studio celebrates the larger-than-life 30th anniversary of the original 1993 “Jurassic Park” film with the launch of an exclusive, limited Jurassic Park Package, allowing the Jeep brand community to showcase their admiration for the blockbuster “Jurassic Park” film on their own Jeep Wrangler and… Continue reading @FCA: Jeep® Graphic Studio Launches Jurassic Park Package to Celebrate 30th Anniversary of Original 1993 Film
FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION
FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION The new design concept will inspire the next generation of Automobili Pininfarina’s pure electric luxury vehicles and will make its public debut at Monterey Car Week in August, where it will appear alongside the recently-revealed Battista Edizione Nino Farina hyper GT and another new production vehicle of an… Continue reading FUTURE UNLOCKED: INTRODUCING AUTOMOBILI PININFARINA PURA VISION
Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook
FERRARI UPGRADES 2023 GUIDANCE ON EXCEPTIONAL Q2 2023 RESULTS AND BUSINESS OUTLOOK Maranello (Italy), August 2, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2023: Net revenues of Euro 1,474 million, up 14.1% versus prior year, with… Continue reading Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook
Ferrari lifts profit outlook as buyers pay out to personalise their supercars
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Ferrari lifts profit outlook as buyers pay out to personalise their supercars