Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor’s total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari’s multi-year Euro 2.0 billion share buyback program as announced during our 2022… Continue reading @Ferrari: Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering000420
Tag: FCA
German Manager Magazin: Stellantis: Winning in 2024 fell by almost two thirds, share with price loss 003996
The Opel mother group Stellantis suffered a significant drop in profits last year. The operational profit was sagged by almost two thirds to 8.6 billion euros, as the company announced on Wednesday. The net win even shrank by 70 percent, while the operational margin at 5.5 percent more than halved. This year it should also… Continue reading German Manager Magazin: Stellantis: Winning in 2024 fell by almost two thirds, share with price loss 003996
@Groupe PSA: PR Full Year 2024 Results007716
AMSTERDAM – Stellantis N.V. has announced its full-year 2024 results, which are consistent with the updated financial guidance released in September 2024. In the 90 days since the leadership transition began, and while the process to select the next CEO within the first half of 2025 continues, the interim leadership team has taken quick, decisive… Continue reading @Groupe PSA: PR Full Year 2024 Results007716
Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering
Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor’s total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari’s multi-year Euro 2.0 billion share buyback program as announced during our 2022… Continue reading Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering
Kimera Evo37
The engine is the star of the show, ahead of the chassis or even the aesthetic of the Evo37. The individual of interest here is Claudio Lombardi. He’s the man who led the powertrain development on the Group B 037 while head of engineering at Lancia. He then moved to Ferrari’s Formula 1 operation in… Continue reading Kimera Evo37
“I no longer want to sell these models”, the difficulty of used car sellers in the face of Stellantis reminders
After the airbag scandal, the Stellantis group will still recall 68,000 cars out of factory between 2022 and 2024 due to a possible dysfunction of the engine cooling system, which can cause fires. Among used sellers, the models are struggling to sell for several months. Most of the day: our exclusive selection Every day, our… Continue reading “I no longer want to sell these models”, the difficulty of used car sellers in the face of Stellantis reminders
Bridgestone Launches Flagship Grand Touring Tire Turanza Prestige to Enhance the Comfort, Ride Quality of Premium Sedans and CUVs
NASHVILLE, Tenn., Feb. 26, 2025 /PRNewswire/ — Bridgestone Americas (Bridgestone) today announced the debut of its latest tire to include ENLITEN™ Technology, the all-new Bridgestone Turanza Prestige. Specifically engineered for premium sedans and crossovers, Bridgestone’s new flagship grand touring tire delivers a whisper-quiet ride with comfortable, responsive handling and precise wet-weather performance — all backed by… Continue reading Bridgestone Launches Flagship Grand Touring Tire Turanza Prestige to Enhance the Comfort, Ride Quality of Premium Sedans and CUVs
Stellantis. The 2024 profit fell of 70%: what consequences for the bonuses of factories employees in France?
The car manufacturer published on Wednesday, February 26, published net profit in high decrease over the year 2024, to 5.5 billion euros (-70%), for an operating margin of 5.5%. The group notably calls into question its difficulties in North America, on the way to being settled according to him. Results that will result in lower… Continue reading Stellantis. The 2024 profit fell of 70%: what consequences for the bonuses of factories employees in France?
Mercedes GLE getting second facelift already, including refreshed look for hot AMG version
The Mercedes GLE received an extensive series of updates just two years ago, however someone in the brand’s styling department clearly thinks the premium mid-size SUV’s look is already showing its age, because it’s getting another nip and tuck this year. The last time the GLE was updated, Mercedes added a new range of mild-hybrid… Continue reading Mercedes GLE getting second facelift already, including refreshed look for hot AMG version
DeFinity Markets and Utila Partner on Digital Assets and FX
Collaboration to Deliver Seamless and Secure Access to Digital Asset Markets for Institutional Clients Key benefits of the partnership include: Enhanced FX Capabilities: DeFinity’s expertise in FX trading, combined with Utila’s platform, will provide efficient and secure FX execution for digital asset transactions. Strengthened Security: Utila’s non-custodial wallet infrastructure and DeFinity’s integration with Fireblocks provide… Continue reading DeFinity Markets and Utila Partner on Digital Assets and FX