Tag: FCA

Reeves Callaway, Maker of Really, Really Fast Cars, Dies at 75

Reeves Callaway, who started out driving fast cars and then focused on creating them, including one that set a speed record of 254.76 miles per hour in 1988, died on July 11 at his home in Newport Beach, Calif. He was 75. His company, Callaway Cars, said the cause was injuries from a fall. Mr.… Continue reading Reeves Callaway, Maker of Really, Really Fast Cars, Dies at 75

Stellantis, Samsung SDI will team to build a second EV battery plant in United States

Stellantis NV’s third battery manufacturing plant in North America will be built with Korean battery partner Samsung SDI in the United States, the companies said Monday. The exact location of the second plant under the existing StarPlus Energy joint venture wasn’t disclosed with the announcement of a signed memorandum of understanding, whose execution is subject… Continue reading Stellantis, Samsung SDI will team to build a second EV battery plant in United States

@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000323

Maranello (Italy), July 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line… Continue reading @Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000323

German FAZ: Tesla doubles paragraph 006541

E-Car No.1: Tesla Model Y Image: manufacturer Volkswagen defended its podium places, but the Golf struggled to keep first place. Interest in electric cars continues to grow. And the SUV? The car country Germany is increasingly becoming an SUV country. A good 42 percent of new registrations are now in this segment, if SUVs and… Continue reading German FAZ: Tesla doubles paragraph 006541

@Groupe PSA: PR Stellantis, Samsung SDI Announce Plans to Build Second StarPlus Energy Gigafactory in the United States006045

AMSTERDAM – Stellantis N.V. and Samsung SDI today announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh).… Continue reading @Groupe PSA: PR Stellantis, Samsung SDI Announce Plans to Build Second StarPlus Energy Gigafactory in the United States006045

Ferrari N.v.: Periodic Report on the Buyback Program

Maranello (Italy), July 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line… Continue reading Ferrari N.v.: Periodic Report on the Buyback Program

Alfa Romeo: Name revealed for 206mph V6 supercar

It is expected to use a derivative of the Giulia Quadrifoglio’s twin-turbocharged 2.9-litre V6, no doubt boosted to give more than the usual 520bhp.  Imparato also said the 33 wouldn’t just be a track car, but one that could still be driven every day, despite its likely price and positioning. “It could be iconic, super-sexy and recognisable as an… Continue reading Alfa Romeo: Name revealed for 206mph V6 supercar

@VW Group: Guglielmo Miani: style meets speed007591

A single letter, “G,” appears on the doorbell panel. And the doormen on the ground floor are slow to respond if you ask to see “Signore Miani.” It’s better to mention his first name. “Guglielmo, of course!” They give him a call, and only then are you allowed to enter the mahogany elevator, which goes directly to his… Continue reading @VW Group: Guglielmo Miani: style meets speed007591

Stellantis, Samsung SDI set plan to build second US battery plant

July 24 (Reuters) – French-Italian automaker Stellantis (STLAM.MI) and South Korean battery maker Samsung SDI (006400.KS) on Monday said they plan to open a second joint-venture plant in the U.S. to build electric vehicle batteries, with a target to start production in 2027. The companies said the transaction still needs to be finalized, and where… Continue reading Stellantis, Samsung SDI set plan to build second US battery plant