Jeep maker Stellantis NV on Monday said it has retracted changes it made to its supplier contract terms earlier this year following a backlash from its vendors. Among the least popular requirements of the new terms effective Jan. 1, 2022, were those that required suppliers to pass along to the transatlantic automaker any cost-savings incurred and allowed Stellantis… Continue reading ‘Jubilation’: Stellantis retracts unpopular supplier-contract terms
Tag: FCA
@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000245
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), May 16, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 (“Sixth Tranche”), additional common shares – reported in aggregate form, on… Continue reading @Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000245
@FCA: MC20 Cielo: the name of the new Maserati spyder is unveiled Maserati is ready to showcase another new model: a one-of…
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OLG Stuttgart: FCA Bank has to pay back processing fees to retailers
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German Manager Magazin: Formula 1: Why the racing series has a future after all001779
Champagne mood: award ceremony after the Australian F1 Grand Prix in April. Sergio Pérez (right), Red Bull, and George Russell (left), Mercedes, landed behind Ferrari driver Charles Leclerc (in the background). Photo: Dan Istitene / Formula 1 / Getty Images Go to Source
“Aston Martin desperately needs a clear direction for its future”
After just two years, CEO Tobias Moers is the latest senior executive to go through the well worn exit door at Aston Martin. Insiders and former staff members say he was one of the main reasons so many talented and long-serving employees had already left the business; his management style is, apparently, rather blunt. Sure,… Continue reading “Aston Martin desperately needs a clear direction for its future”
Aston Martin replaces Tobias Moers with former Ferrari boss
In a surprise move, Aston Martin has announced the departure of its chief executive Tobias Moers with immediate effect. Moers will be replaced by Amedeo Felisa, a former chief executive of Ferrari who was already sitting on the Aston Martin board of directors. In a statement to the stock exchange Aston Martin said that Moers… Continue reading Aston Martin replaces Tobias Moers with former Ferrari boss
China Automotive Systems Extends Filing Date of 2022 First Quarter Report to May 23
WUHAN, China, May 13, 2022 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it has extended it’s 2022 first quarter filing date to May 23, 2022. The Chinese Government’s response to COVID-19 in April, 2022, resulted in several… Continue reading China Automotive Systems Extends Filing Date of 2022 First Quarter Report to May 23
Matt Prior: Why I’m excited for Aston Martin’s future
So that’s that: Tobias Moers’ time as the CEO of Aston Martin has ended. I wonder whether in time, as the saying now goes, “recollections may vary” about the whys and hows. Summaries of the state of Aston Martin already vary. Moers streamlined and made its production lines more efficient, so good has come from… Continue reading Matt Prior: Why I’m excited for Aston Martin’s future
Dacia designer Miles Nurnberger leaves after less than a year
Dacia design boss Miles Nurnberger, who made headlines last year in a shock move from Aston Martin, has announced his departure from the Romanian firm. The move comes just under a year since it was announced he would succeed Alejandro Mesonero-Romanos (now head of Alfa Romeo design) as Dacia’s design director. Speaking to Autocar in… Continue reading Dacia designer Miles Nurnberger leaves after less than a year