Red Bull has been judged guilty of breaking the Formula 1 cost cap in 2021 during Max Verstappen’s charge to his first world championship. Today’s delayed announcement, originally expected before the Japanese Grand Prix, confirms the Milton Keynes-based team was in breach of budget limitations that are central to the foundations by which modern F1… Continue reading Red Bull and Aston Martin found guilty of F1 cost cap breaches
Tag: FCA
@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000264
Maranello (Italy), October 10, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial 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 Program000264
Rivian shares skid after EV maker recalls nearly all vehicles
Rivian has so far delivered 13,198 vehicles since it started selling in the third quarter of last year. Shares of Rivian Automotive Inc fell 7% on Monday after the electric-vehicle maker recalled nearly all its vehicles, exacerbating investor concerns that the company may not be able to meet its annual production target. The Amazon.com Inc-backed… Continue reading Rivian shares skid after EV maker recalls nearly all vehicles
@Groupe PSA: PR Stellantis Signs Non-Binding MOU with GME for Future Offtake of Battery Grade Nickel and Cobalt Sulphate004519
Stellantis strengthens value chain for electric vehicle battery production supporting Dare Forward 2030 strategic plan targets MOU represents first step toward potential long-term partnership for future offtake of battery grade nickel and cobalt sulphate products from the NiWest Nickel-Cobalt Project AMSTERDAM – Stellantis N.V. and GME Resources Limited (“GME” or “the Company”) (ASX: GME) today… Continue reading @Groupe PSA: PR Stellantis Signs Non-Binding MOU with GME for Future Offtake of Battery Grade Nickel and Cobalt Sulphate004519
CHICAGO AUTOMOBILE TRADE ASSOCIATION’S “CHICAGO DRIVES ELECTRIC” EV TEST DRIVE AND EDUCATIONAL EVENT SUCCESSFULLY CONCLUDES
Organizers Plan to Bring Chicago Drives Electric to the 2023 Chicago Auto Show OAKBROOK TERRACE, Ill., Oct. 10, 2022 /PRNewswire/ — The Chicago Automobile Trade Association (CATA), the area’s new-car dealer association and producer of the Chicago Auto Show, successfully concluded Chicago Drives Electric—its first-ever electric vehicle experiential test drive and educational event. Due to the… Continue reading CHICAGO AUTOMOBILE TRADE ASSOCIATION’S “CHICAGO DRIVES ELECTRIC” EV TEST DRIVE AND EDUCATIONAL EVENT SUCCESSFULLY CONCLUDES
@FCA: Por tercer año, Stellantis México recibe reconocimiento por parte de la SEMARNAT
Stellantis México: Por tercer año, Stellantis México recibe reconocimiento por parte de la SEMARNAT Única armadora en obtener este reconocimiento Compañía con el mejor puntaje dentro de la categoría de “Usuario” del programa Transporte Limpio otorgado por SEMARNAT 7 de octubre de 2022 , Ciudad de México – Por tercer año, Stellantis México recibió el reconocimiento… Continue reading @FCA: Por tercer año, Stellantis México recibe reconocimiento por parte de la SEMARNAT
Asia Digest: Founders Factory initiative; Binance bags Kazakh licence; Alipay out of Shanghai priority list
London-based startup accelerator Founders Factory is launching a venture-building initiative in Asia while Binance has secured a permanent licence in Kazakhstan. Also, Alipay has reportedly been removed from Shanghai’s high-tech company list. Founders Factory, Pico Group’s new venture-building initiative in Asia London-based startup accelerator Founders Factory and Pico Group have announced the launch of a … Continue reading Asia Digest: Founders Factory initiative; Binance bags Kazakh licence; Alipay out of Shanghai priority list
How Ferrari’s SUV tech redefines active suspension
Of all the things that go to make up the personality of a car, ride and handling are right at the top of the list. A good chunk of the way it feels, comforts, thrills and feeds back intentions to the driver are down to those two things. And while drivetrains are changing radically, the… Continue reading How Ferrari’s SUV tech redefines active suspension
Only Proper Gearheads Know About These 10 Obscure Italian Cars – HotCars
When it comes to building iconic cars, Italians are unmatched. Italian automakers like Ferrari, Lamborghini, and Alfa Romeo have been on top of the automotive world for the last century and have given us icons like the Lamborghini Countach, Ferrari F40, Alfa Romeo 33 Stradale, and many other awesome cars that gearheads from all corners… Continue reading Only Proper Gearheads Know About These 10 Obscure Italian Cars – HotCars
@FCA: Diverse Talent Fuels Our Success
October 7, 2022 , Auburn Hills, Mich. – Eight Stellantis technical women business leaders received honors for their career, technical and community achievements at the Women of Color STEM DTX Conference in Detroit, October 6-8. The Women of Color STEM Conference honors the significant achievements of women in STEM and ensures that the accomplishments of outstanding… Continue reading @FCA: Diverse Talent Fuels Our Success