@Groupe PSA: PR Merger of FCA and Groupe PSA approved by shareholders: FCA and Groupe PSA expect to complete the combination on January 16, 2021001032

Vélizy-Villacoublay and London – Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) announce that their respective shareholders’ meetings, held today, approved the merger of FCA and Groupe PSA to create Stellantis N.V. (“Stellantis”) by an overwhelming majority (with more than 99% of the votes cast in favor of… Continue reading @Groupe PSA: PR Merger of FCA and Groupe PSA approved by shareholders: FCA and Groupe PSA expect to complete the combination on January 16, 2021001032

Aeva to work with Denso on ‘mass market’ lidar sensors

TipRanks 2 Big Dividend Stocks Yielding at Least 10%; Here’s What You Need to Know Stock markets are up and holding near record high levels, a condition that would usually make life difficult for dividend investors. High market values normally lead to lower dividend yields – but even in today’s climate, it’s still possible to… Continue reading Aeva to work with Denso on ‘mass market’ lidar sensors

@FCA: Appointment of the Top Executive Team to steer Stellantis

Appointment of the Top Executive Team to steer StellantisStellantis is establishing an efficient governance from Day One with the appointment of the Top Executive Team, together with the 9 dedicated committees covering company-wide performance and strategy.*Carlos Tavares, CEO of Stellantis, said: “This highly competitive, committed and well balanced team will leverage its combined skills and… Continue reading @FCA: Appointment of the Top Executive Team to steer Stellantis

@FCA: Stellantis: Building a world leader in sustainable mobility

Stellantis: Building a world leader in sustainable mobilityA new company with the agility, creativity and efficiency to capture the opportunities of the new era of mobility, offering innovative solutions that will help change the way society movesRich heritage stemming from storied and iconic automotive marques, innovative mobility brands and deep roots in the communities in… Continue reading @FCA: Stellantis: Building a world leader in sustainable mobility

Israel’s StoreDot launches 5-minute charge capable lithium-ion battery sample

Israel-based StoreDot, a leading player in the field of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation 5-minute charge battery engineering samples. This the company says represents a significant milestone in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC… Continue reading Israel’s StoreDot launches 5-minute charge capable lithium-ion battery sample

Autocar confidential: Rimac talks EVs, Renault’s sustainable re-factory and more

In this week’s round-up of automotive gossip, we get Mate Rimac’s unfiltered take on the differences between EV hypercars, explore how Renault is refurbishing its Flins factory and more. Rimac talks EVs  Mate Rimac, boss of the Rimac EV technology firm, is brutally honest about how he sees electric hypercars differentiating themselves from rivals. “I… Continue reading Autocar confidential: Rimac talks EVs, Renault’s sustainable re-factory and more

@VW Group: Audi strengthens business in China: First majority interest held by Audi in new cooperation company for local electric car production with FAW

The brand with the Four Rings is deepening its partnership with FAW and laying the foundation for continued success in China. The Board of Management of Audi, Supervisory Board of the Volkswagen Group and Board of Management of the FAW Group confirmed that Changchun in the northeast of China will be the headquarters of the… Continue reading @VW Group: Audi strengthens business in China: First majority interest held by Audi in new cooperation company for local electric car production with FAW

@BMW: BMW M GmbH still on its path of sustained growth in 2020: 144,218 vehicles delivered worldwide.000855

Munich. With yet another new sales record, the BMW M GmbH continued to grow also in the 2020 fiscal year. Despite the effects of the Corona pandemic on the market, it was possible to increase the number of BMW M automobiles sold by 6 percent to 144,218 units. Thanks to this result, the subsidiary company of… Continue reading @BMW: BMW M GmbH still on its path of sustained growth in 2020: 144,218 vehicles delivered worldwide.000855

Tata Motors partners banks and NBFCs to provide financing for commercial vehicles

Tata Motors, one of the largest commercial vehicle manufacturer in the country, has entered into partnerships with the country’s leading private banks, including HDFC Bank, ICICI Bank, Yes Bank, Equitas Small Finance Bank, AU Small Finance Bank, and NBFCs like: Cholamandalam Investment and Finance Co, HDB Financial Services, Sundaram Finance, and newly merged entities of… Continue reading Tata Motors partners banks and NBFCs to provide financing for commercial vehicles