Ferrari began the season with a strong one-two finish in the first race and a win in the third, prompting team hopes that it would finally land its first title since 2008. But it fell short, finishing second in the constructors’ and drivers’ championships and is now searching for a new team principal. One of… Continue reading For Ferrari, a Second-Place F1 Season Full of Mistakes
Tag: FCA
Max Verstappen Had an F1 Season Like No Other
Comparing Vettel, who won four titles with Red Bull from 2010 to 2013, and Verstappen, he said: “Two very different drivers, two phenomenally successful drivers. What Sebastian has achieved puts him among the great and most successful drivers in the sport. But what we saw this year from Max, we witnessed something very special. “I… Continue reading Max Verstappen Had an F1 Season Like No Other
An Intense Year for Formula 1 Comes to an End
“We’ll come back from Abu Dhabi, we’ll spend the week after in the factory sorting things out and have a relatively easy week there, and then disappear for three or four weeks and have a good break.” Toto Wolff, the team principal of Mercedes, said “everyone is really at the limit.” That has prompted discussions… Continue reading An Intense Year for Formula 1 Comes to an End
What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
Formula 1 drivers may look like they are alone in the car, but with the press of a button, they can turn to their teams for support and guidance. Radio communication is an important part of Formula 1 races. Drivers have a button on their steering wheel that will activate their radio, allowing them to… Continue reading What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
Third air bag death confirmed, owners urged to get repairs
Detroit – Stellantis and U.S. safety regulators have confirmed that an exploding Takata air bag inflator has killed another driver. The company and the National Highway Traffic Safety Administration reiterated warnings to owners of 274,000 older Dodge and Chrysler vehicles to stop driving them until faulty inflators are replaced. Stellantis announced two deaths in November… Continue reading Third air bag death confirmed, owners urged to get repairs
Vertu Motors completes Helston acquisition following FCA approval
Vertu Motors, having now received FCA approval, has completed the acquisition of Helston Garages Group Limited. Following the announcement of the intended acquisition on 8 December, Vertu has now completed the purchase of 28 franchised sales outlets, adding significant scale and geographic coverage to the Group’s existing footprint of 160 franchised outlets. Consideration of £117m,… Continue reading Vertu Motors completes Helston acquisition following FCA approval
@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000278
Maranello (Italy), December 19, 2022 – 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 Program000278
@Groupe PSA: PR Electric Motors Production Ramp Up to Reach More Than 1 Million in France by 2024004892
Production of electric motors has begun in Trémery, France, at Emotors, a joint venture between Nidec Leroy-Somer Holding and Stellantis State-of-the-art electric motor will equip the New DS 3 E-TENSE, the new Peugeot e-208, the Jeep® Avenger and the Opel Mokka electric in early 2023 Production of electric motors in France as part of the… Continue reading @Groupe PSA: PR Electric Motors Production Ramp Up to Reach More Than 1 Million in France by 2024004892
@FCA: New Wagoneer Equipped with the Powerful and Efficient Hurricane Twin Turbo I-6 Wins Four Wheeler ‘2023 SUV of the Year’
December 19, 2022 , Auburn Hills, Mich. – The 2023 Wagoneer, equipped with the all-new Hurricane Twin Turbo I-6 and rugged Advanced All Terrain Group, is the Four Wheeler 2023 SUV of the Year. During the competition’s 50-year tenure, the Jeep® brand’s award-winning SUV lineup has secured the most awards overall, including last year’s award recipient, the 2022… Continue reading @FCA: New Wagoneer Equipped with the Powerful and Efficient Hurricane Twin Turbo I-6 Wins Four Wheeler ‘2023 SUV of the Year’
Vertu swells UK dealer network with £182m Helston Garages deal
Vertu Motors has acquired Helston Garages Group in a deal worth £182 million, bolstering its ranks by 28 sites to 188 locations. This “radically enhances” the dealer’s group reach in south-west England, it said in a statement, taking it from four dealers in the region to 32. The 28 additional showrooms generated some £17.9m in pre-tax… Continue reading Vertu swells UK dealer network with £182m Helston Garages deal