Stellantis: the negotiation continues (in a month), but in addition to the rift between metalworkers, a Psa front opens

The days of negotiations, proposals, optimism and discontent continue (depending on sensitivity on the subject). But certainly, in the Stellantis universe, a situation of calm can never be described. In fact, while the two days of discussions in Turin ended today for the renewal of the second-level contract expiring at the end of the year (we will… Continue reading Stellantis: the negotiation continues (in a month), but in addition to the rift between metalworkers, a Psa front opens

FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL  

Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager. Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1.… Continue reading FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL  

Ferrari N.v.: Periodic Report on the Buyback Program

Maranello (Italy), December 12, 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 N.v.: Periodic Report on the Buyback Program

@Ferrari: FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL  000276

Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager. Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1.… Continue reading @Ferrari: FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL  000276

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Dec 13 (Reuters) – Chrysler parent Stellantis (STLA.MI) said Tuesday it is recalling 1.4 million pickup trucks worldwide because tailgates may not latch properly and could open while driving. The automaker said the recall covers various 2019 through 2022 model year Ram 1500, 2500, and 3500 pickup trucks. The company said it has no reports… Continue reading Untitled

New Vehicle Prices Hit Record High for Nov. 2022

Most automakers reported price increases last month. Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% over sticker price. Graphic: Cox Automotive New-vehicle inventory levels are improving, but prices remain elevated, according to data released Dec. 12 by Kelley Blue Book. The average transaction price (ATP)… Continue reading New Vehicle Prices Hit Record High for Nov. 2022

U.S. auto fleet fuel efficiency flat in 2021 as Detroit Three lag

Automakers are meeting rising vehicle emissions requirements in part through using credits earned in prior years or by buying excess credits from rivals. By David Shepardson The U.S. new vehicle automotive fleet’s fuel efficiency was flat in the 2021 model year as automakers sold more sport utility vehicles and pickup trucks compared to cars, while… Continue reading U.S. auto fleet fuel efficiency flat in 2021 as Detroit Three lag

Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

Stellantis says it’s committing to a big boost in its clean energy purchases in Michigan in a deal with DTE Energy. The automaker, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, issued a joint news release Monday with DTE committing to adding 400 megawatts of new solar projects in Michigan, which the release… Continue reading Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

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.