Ferrari reports record profits as supercar sales boom Italian luxury carmaker enjoys strong sales in second quarter despite global economic concerns Ferrari said sales were driven by the Portofino M and the F8 family mdels. Photograph: John Keeble/Getty Images Ferrari said sales were driven by the Portofino M and the F8 family mdels. Photograph: John… Continue reading Ferrari reports record profits as supercar sales boom
Tag: FCA
Fiat Chrysler handed $300m fine in diesel emissions probe
Fiat Chrysler Automobiles (FCA) has been ordered to pay $299.7 million (£245.8m) for misrepresenting the emissions output of more than 100,000 diesel vehicles sold in the US. The American company, now part of global car firm Stellantis, was sentenced yesterday in the US after pleading guilty to criminal conspiracy in a bid to defraud regulators and customers… Continue reading Fiat Chrysler handed $300m fine in diesel emissions probe
Ferrari posts record profits as supercar buyers splash out
Italian carmaker’s revenues jump 25% as customers spend more on personalisation Go to Source
Cars That Time Forgot: ATS 2500 GT – Hagerty UK
Enzo Ferrari’s autocratic style was both a blessing and a curse. While his approach led to many great successes, things reached breaking point in November 1961, when long-time sales manager Girolamo Gardini gave Ferrari an ultimatum: if tensions continued he would leave the company. Ferrari handled the situation in the only way that he knew:… Continue reading Cars That Time Forgot: ATS 2500 GT – Hagerty UK
@Ferrari: A Quarter of Records, 2022 Guidance Revised Upward on All Metrics000257
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2022. Results for the Q2 are summarized as follows: Total shipments of 3,455 units, up 28.7% versus Q2 2021 Net revenues of Euro 1,291 million, up 24.9% versus prior year EBITDA… Continue reading @Ferrari: A Quarter of Records, 2022 Guidance Revised Upward on All Metrics000257
German Manager Magazin: Fiat-Chrysler: Stellantis subsidiary pays $300 million fine for emissions fraud001950
The carmaker Fiat Chrysler comes the affair of exhaust manipulation in the United States to be expensive again. The company was sentenced on Monday (local time) in a federal court in Detroit to a fine of around 300 million dollars (around 290 million euros) for fraud with emission data. Which has now become an international… Continue reading German Manager Magazin: Fiat-Chrysler: Stellantis subsidiary pays $300 million fine for emissions fraud001950
@FCA: Extra 10 Warranty Program: Maserati launches the new 10-year… Flexibility, innovation and personalisation: these are…
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Clean Technica: Record EV Sales Month Globally! 12% Share For BEVs!002145
Yep, the EV disruption many of us were dreaming of for years is finally happening, and the proof is that despite all the stuff happening right now — pandemic(s), war, inflation, material shortages, etc., etc. (imagine telling what happened in the past two years to our past selves of June 2020 — they would freak… Continue reading Clean Technica: Record EV Sales Month Globally! 12% Share For BEVs!002145
FCA US LLC Sentenced in Connection with Conspiracy to Cheat U.S. Emissions Tests
FCA US LLC (FCA US), formerly Chrysler Group LLC, was sentenced today in federal court in Detroit and ordered to pay a fine of $96,145,784; and a forfeiture money judgment of $203,572,892. The court also imposed a three-year term of organizational probation. The conviction results from the company’s conspiracy to defraud U.S. regulators and customers… Continue reading FCA US LLC Sentenced in Connection with Conspiracy to Cheat U.S. Emissions Tests
Stellantis plans $83M investment at Dundee Engine plant for hybrid-electric models
The Dundee Engine Plant will be retooled to become the final assembly location for a new four-cylinder engine for two future hybrid-electric Stellantis models coming to North America, the company announced Monday. The plant, which is southwest of Detroit, will see an investment of $83 million, with engine production slated to begin in early 2025, according to a… Continue reading Stellantis plans $83M investment at Dundee Engine plant for hybrid-electric models