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

Shareholders support Stellantis CEO compensation

Shareholders of the maker of Jeep SUVs, Ram pickup trucks and other vehicles overwhelmingly approved the remuneration for Stellantis NV CEO Carlos Tavares during its annual general meeting on Thursday. Shareholders expressed their support for Tavares’ compensation with 80.44% voting in favor of it, spokesman Fernão Silveira confirmed to The Detroit News. The approval was… Continue reading Shareholders support Stellantis CEO compensation

@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000303

MARANELLO (ITALY), APRIL 13, 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 PROGRAM000303

@Groupe PSA: PR Results of Stellantis’ 2023 Annual General Meeting005503

AMSTERDAM – Stellantis N.V. (“Stellantis”) announced today that all resolutions submitted to the shareholders for approval at the Annual General Meeting of Shareholders (AGM) held in-person and broadcast live via Stellantis’ website were adopted, including the proposal to approve a EUR 4.2 billion dividend distribution on common shares. The proposed distribution entails a payment to… Continue reading @Groupe PSA: PR Results of Stellantis’ 2023 Annual General Meeting005503

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

MARANELLO (ITALY), APRIL 13, 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

Vauxhall axes diesel Astra as demand falls

The Vauxhall Astra is no longer available with a diesel engine due to reduced demand for the fuel in the UK, the brand has confirmed. In a statement supplied to Autocar, Vauxhall said: “Vauxhall is moving to being an electric-only brand by 2028 and has already streamlined its powertrain offering to focus on electrified variants. Diesel… Continue reading Vauxhall axes diesel Astra as demand falls

@FCA: Alfa Romeo Giulia y Stelvio “Quadrifoglio 100° Anniversario”

13 de abril de 2023 , Auburn Hills, Mich. – Alfa Romeo rinde homenaje a la leyenda del QV con 100 unidades exclusivas y las conmemora en el lugar donde comenzó la historia del vehículo: Sicilia, en los sitios de la Targa Florio. El 15 de abril de 2023 se cumplirán 100 años desde que un símbolo indeleble de… Continue reading @FCA: Alfa Romeo Giulia y Stelvio “Quadrifoglio 100° Anniversario”

@FCA: Alfa Romeo Giulia y Stelvio “Quadrifoglio 100° Anniversario”

13 de abril de 2023 , Ciudad de México – Alfa Romeo rinde homenaje a la leyenda del QV con 100 unidades exclusivas y las conmemora en el lugar donde comenzó la historia del vehículo: Sicilia, en los sitios de la Targa Florio. El 15 de abril de 2023 se cumplirán 100 años desde que un símbolo indeleble de… Continue reading @FCA: Alfa Romeo Giulia y Stelvio “Quadrifoglio 100° Anniversario”

@FCA: Alfa Romeo Introduces New Giulia and Stelvio Quadrifoglio 100th Anniversary Models

April 13, 2023 , Windsor, Ontario – Alfa Romeo announced today the introduction of the new Giulia and Stelvio Quadifogolio 100th Anniversary models, celebrating 100 years passed since the indelible symbol of Alfa Romeo, the Quadrifoglio, made its racing debut. Limited to just 100 units each globally for the Giulia and Stelvio (200 total), the anniversary models… Continue reading @FCA: Alfa Romeo Introduces New Giulia and Stelvio Quadrifoglio 100th Anniversary Models