November 1, 2023 , Auburn Hills, Mich. – Grand Wagoneer, which takes American premium to a new level, is the winner of Newsweek’s Best Full-Size SUV as part of the publication’s annual 2023 Autos Awards competition. Wagoneer by Jeep also received top honors for Best Family-Friendly Technology and Best Passenger Ecosystem. Grand Wagoneer’s numerous standout features… Continue reading @FCA: Grand Wagoneer Wins Best Full-Size SUV as Part of the 2023 Newsweek Autos Awards
Tag: FCA
Toyota pledges USD 8 bn more for US battery plant to rev up EV push
Toyota had earlier bet on hybrids and hydrogen-fuel cell vehicles rather than battery EVs, but the world’s top-selling automaker this year announced a pivot. Toyota Motor said on Tuesday it would boost investment by USD 8 billion and add about 3,000 jobs at its electric-vehicle battery manufacturing plant in North Carolina, accelerating the Japanese automaker’s… Continue reading Toyota pledges USD 8 bn more for US battery plant to rev up EV push
German Manager Magazine: US car manufacturer: Union also reaches agreement with GM002845
After six weeks, the three major US car manufacturers are on strike ford, Stellantis and General Motors (GM) ended. GM was the last of the “Detroit Three” to reach a tentative agreement with the United Auto Workers (UAW) union and agreed to wage increases of 25 percent. That shared UAW President Shawn Fain in a… Continue reading German Manager Magazine: US car manufacturer: Union also reaches agreement with GM002845
@Groupe PSA: PR Third Quarter 2023 Shipments and Revenues006560
AMSTERDAM – Stellantis N.V. continued to build momentum in Q3 2023, delivering a 7% year-over-year increase of Net revenues driven by continued strength in shipments. The Company’s “Third Engine”(5) achieved 25% revenue growth year-over-year. Global BEV sales were up 37% versus third quarter 2022, led by the following vehicles: Jeep® Avenger, Citroën Ami, Peugeot E-208,… Continue reading @Groupe PSA: PR Third Quarter 2023 Shipments and Revenues006560
Tesla Vs. BYD 2023: TSLA Breaking Lower As Archrival’s Earnings, Margins Boom
Reuters Tesla falls as production cut by battery supplier Panasonic fans EV demand fears Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk’s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand. “Panasonic’s warning of soft demand for… Continue reading Tesla Vs. BYD 2023: TSLA Breaking Lower As Archrival’s Earnings, Margins Boom
@FCA: Dodge Delivers New Line of Direct Connection Crate Long Blocks, Announces Hellephant C170 6.2L Supercharged Crate HEMI® Engine
October 31, 2023 , Auburn Hills, Mich. – Direct Connection, the Dodge performance products brand, is announcing the full Hellephant C170 Crate HEMI® Engine — the same engine that powers the 1,025-horsepower Dodge Challenger SRT Demon 170 — will be available for purchase at DCPerformance.com starting in Q1 2024. Direct Connection is also rolling out a… Continue reading @FCA: Dodge Delivers New Line of Direct Connection Crate Long Blocks, Announces Hellephant C170 6.2L Supercharged Crate HEMI® Engine
@FCA: Evento Digital- Tercer Trimestre 2023 Envíos e Ingresos
31 de octubre de 2023 , Ciudad de México – Stellantis N.V. anunció que los Resultados correspondientes al tercer trimestre de 2023 se darán a conocer el martes 31 de octubre de 2023.La transmisión en vivo y llamada en conferencia para presentar los resultados correspondientes al tercer trimestre de 2023 iniciará a las 6:00 hrs. de… Continue reading @FCA: Evento Digital- Tercer Trimestre 2023 Envíos e Ingresos
Stellantis says it is least affected by North America strikes among Detroit Three
SummaryCompaniesSees 3 bln euro impact of N. America strikes on salesProfitability to be affected by less than 750 mln eurosNet revenue up 7% in Q3 to 45.1 bln eurosConsolidated shipments up 11% in Q3 to 1.427 mln units MILAN, Oct 31 (Reuters) – Stellantis (STLAM.MI) on Tuesday played down the impact of strikes in North… Continue reading Stellantis says it is least affected by North America strikes among Detroit Three
Backpack Announces Launch of Cryptocurrency Exchange; Backpack Exchange Receives Approval for VASP License from the Dubai Virtual Asset Regulatory Authority
License gives Backpack Exchange full clearance to operate in Dubai, setting standards for transparency in the digital asset space DUBAI, UAE, Oct. 31, 2023 /PRNewswire/ — Backpack, the all-in-one web3 wallet and company behind Mad Lads, the No. 1 NFT collection by market cap on Solana, today announced the launch of a regulated cryptocurrency exchange. Trek… Continue reading Backpack Announces Launch of Cryptocurrency Exchange; Backpack Exchange Receives Approval for VASP License from the Dubai Virtual Asset Regulatory Authority
Marelli plant closure forewarns painful electric vehicle transition
“Workers dream of owning an EV car… the only one who doesn’t is the government,” said Vittorio Sarti of the UILM, one of the unions on strike in Crevalcore. Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts factory, an early casualty of the European Union’s… Continue reading Marelli plant closure forewarns painful electric vehicle transition