Record profits for Stellantis, the CFDT denounces an unequal redistribution of wealth

This Wednesday, February 22, Stellantis announced that it had made 16.8 billion euros in net profits in 2022, an increase of 22%. 4.2 billion euros will be redistributed to shareholders, and 2 billion to employees. The CFDT denounces a redistribution less and less favorable to employees. Record turnover, record profits, increased sales in many sectors…… Continue reading Record profits for Stellantis, the CFDT denounces an unequal redistribution of wealth

Bumper merger savings help Stellantis profit top forecast, article with gallery

Summary Companies Adj EBIT rose 17% in H2 to 10.949 bln euros FY margin on adj. EBIT at 13% Co announced 1.34 euro per share dividend To launch 1.5 bln euro buyback program Guided for double digit margin, positive cash in 2023 MILAN, Feb 22 (Reuters) – Carmaker Stellantis (STLAM.MI) beat forecasts on Wednesday with… Continue reading Bumper merger savings help Stellantis profit top forecast, article with gallery

@FCA: Stellantis UAW-Represented Employees to Receive 2022 Profit Sharing Payments

February 22, 2023 , Auburn Hills, Mich. – As a result of the company’s financial performance in 2022, Stellantis announced today that the eligible profit sharing amount of $14,760 will be paid to UAW-represented employees on March 10, 2023. Actual payments will be based on individual compensated hours. Approximately 40,500 employees are eligible to receive the… Continue reading @FCA: Stellantis UAW-Represented Employees to Receive 2022 Profit Sharing Payments

@FCA: Mantenlo Limpio: Las Nuevas Partes de alto rendimiento Jeep Performance Parts, ayudarán a las condiciones climáticas dentro del icónico Jeep Wrangler

21 de febrero de 2023 , Auburn Hills, Mich. – El equipo de Jeep® Performance Parts (JPP) en Mopar tiene dos nuevos accesorios disponibles que ayudarán a los propietarios de Jeep Wrangler a resistir el ambiente dentro de la cabina. Diseñado para una defensa superior contra los elementos exteriores, incluido el lodo arrastrado por el camino o… Continue reading @FCA: Mantenlo Limpio: Las Nuevas Partes de alto rendimiento Jeep Performance Parts, ayudarán a las condiciones climáticas dentro del icónico Jeep Wrangler

Hyundai design head SangYup Lee is 2023 World Car Person of the Year

The World Car Awards jury panel representing 100 journalists from 32 countries, which includes Autocar India’s Hormazd Sorabjee and Renuka Kirpalani, has voted SangYup Lee, Executive Vice President, Head of Hyundai and Genesis Global Design Center, Hyundai Motor Company (HMC), as the 2023 World Car Person of the Year. This is the second consecutive World Car Person of the Year… Continue reading Hyundai design head SangYup Lee is 2023 World Car Person of the Year

@FCA: Keep It Clean: New Heavy-duty Jeep® Performance Parts Help Weather Environment Inside the Iconic Jeep Wrangler

February 21, 2023 , Auburn Hills, Mich. – The Jeep® Performance Parts (JPP) team at Mopar has two new accessories available that will help Jeep Wrangler owners weather the environment inside the cabin.   Designed for superior defense against outdoor elements, including tracked-in mud from the trail or messes from spills, the JPP heavy-duty floor system and… Continue reading @FCA: Keep It Clean: New Heavy-duty Jeep® Performance Parts Help Weather Environment Inside the Iconic Jeep Wrangler

Fabacus Raises £4.5M in Funding

Fabacus, a London, UK-based provider of a Software as a service (SaaS) global licensing platform, raised £4.5M in funding. The round was led by Wealth Club with participation from Tom Singh OBE, Seneca Partners, Inovia, and Mitch Foreman. The company intends to use the funds to accelerate growth, expand operations and its business reach. Led… Continue reading Fabacus Raises £4.5M in Funding

Ferrari 458 and Alfa Romeo Giulia engineer joins Alpine

Alpine has named Philippe Krief, a former technical director of R&D at Ferrari and chief technical officer at Alfa Romeo, as its new vice-president for engineering and product performance. Krief, who will join the French marque on 6 March, is responsible for dynamically acclaimed cars including the Alfa Romeo Giulia and Ferrari 458 Speciale. Current engineering vice-president Robert… Continue reading Ferrari 458 and Alfa Romeo Giulia engineer joins Alpine

@FCA: New Heavy-duty Jeep® Performance Parts Help Weather Environment Inside the Iconic Jeep Wrangler

February 21, 2023 , Windsor, Ontario – The Jeep® Performance Parts (JPP) team at Mopar has two new accessories that will help Jeep Wrangler owners weather the environment inside the cabin. Designed for superior defense against outdoor elements, including tracked-in mud from the trail or messes from spills, the JPP heavy-duty floor system and JPP heavy-duty… Continue reading @FCA: New Heavy-duty Jeep® Performance Parts Help Weather Environment Inside the Iconic Jeep Wrangler