Maranello (Italy), April 21, 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 December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM 000305
Tag: FCA
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), April 21, 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 December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Genuine Parts (GPC) Q1 Earnings & Sales Beat, Increase Y/Y
Genuine Parts Company GPC reported first-quarter 2023 adjusted earnings of $2.14 per share, up 15.1% year over year. The bottom line also surpassed the Zacks Consensus Estimate of $2.02 per share. Higher-than-expected sales across both of its segments resulted in this outperformance. The company reported net sales of $5,765.1 million, outpacing the Zacks Consensus Estimate… Continue reading Genuine Parts (GPC) Q1 Earnings & Sales Beat, Increase Y/Y
@FCA: Stellantis Spotlight Wraps the Week
April 21, 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 April 21, 2023, include wins for Matt Hagan and Dodge and the application window for this year’s Drive for Design contest closes tonight. Go to Source
Citroen teases C3 Aircross SUV ahead of April 27 debut
Ahead of the global debut of its next made-in-India SUV on April 27, Citroen has confirmed that it will be christened the C3 Aircross. This all-new B-SUV will go on sale in India first and is expected to be introduced in many other markets as a global product. Citroen C3 Aircross: ground-up new SUV with a familiar nameAlthough the… Continue reading Citroen teases C3 Aircross SUV ahead of April 27 debut
Stellantis names new chief financial officer
Stellantis Chief Financial Officer Richard Palmer, a holdover from the company’s pre-merger days as Fiat Chrysler Automobiles, will leave his post at the end of June. The company, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, announced on Wednesday that his replacement would be Natalie Knight, who is currently chief financial officer of… Continue reading Stellantis names new chief financial officer
Formula 1’s Many Changes at the Top
Formula 1’s off-season was unusual. It is natural for drivers to swap teams, and several indeed did, but for several team principals and senior executives to move around is rare. But before the season started, there were major changes. Mattia Binotto resigned from Ferrari and was replaced by Frédéric Vasseur, who had been the team… Continue reading Formula 1’s Many Changes at the Top
With a Redesigned Car, Mercedes Hopes It Can Unseat Red Bull as F1 Champion
There was a period during its record streak of eight consecutive world championships from 2014 to 2021 that Mercedes seemed unbeatable. Yet when new rules were introduced to Formula 1 last year, changing the car designs to provide better racing, Mercedes’ prospects strikingly changed. The team failed to adjust to the new rules as well… Continue reading With a Redesigned Car, Mercedes Hopes It Can Unseat Red Bull as F1 Champion
@AML: Aston Martin strengthens industrial and electrification leadership with new senior appointments000424
Aston Martin continues investment in its world-class team with appointment of experienced luxury automotive executives Vincenzo Regazzoni and Giorgio Lasagni Michael Straughan commences new executive role, supporting CEO Amedeo Felisa New positions to support Aston Martin’s continued manufacturing transformation and strengthen partnership with strategic suppliers Electric vehicle technology leader Paul Thomas appointed as Aston Martin’s… Continue reading @AML: Aston Martin strengthens industrial and electrification leadership with new senior appointments000424
@Groupe PSA: PR Stellantis Finalizing eFuel Testing on 28 Engine Families to Support Decarbonization of ICE Fleet on the Road005541
While committed to 100% battery electric passenger car sales in Europe by 2030, Stellantis is testing the usability of eFuels on European vehicles produced since 2014 (Euro 6) to reinforce carbon emission reductions 28 engine families are being tested to make them eFuels friendly, which can provide an up to 90% reduction in CO2 emissions… Continue reading @Groupe PSA: PR Stellantis Finalizing eFuel Testing on 28 Engine Families to Support Decarbonization of ICE Fleet on the Road005541