Analysis: The numbers behind the FCA-PSA merger

The FCA-PSA tie-up gathers 15 brands under the same roof The agreed merger between Fiat Chrysler Automobiles and the PSA Group will create the world’s fourth-largest car company based on sales. The two European firms last week announced their intention to create a new entity owned 50/50 between the two but led by PSA’s CEO, Carlos Tavares. PSA will… Continue reading Analysis: The numbers behind the FCA-PSA merger

Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks

CLOSE The proposed merger of Fiat Chrysler and the company that controls the Peugeot brand is expected to have an impact on FCA’s bargaining with the UAW.  (Photo: PSA) The real impact of the expected merger of Fiat Chrysler Automobiles and Peugeot will take some time to become clear, but an early test could come… Continue reading Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks

Scott Maybee Named New President of NextGear

In his new role, Maybee will report to Mark Bowser, executive vice president and CFO, Cox Automotive. Photo courtesy of Manheim. Scott Maybee has been named president of NextGear Capital. Maybee comes to NextGear from Manheim Northstar Minnesota, where he was general manager and responsible for all facets of the Minneapolis-based operation. Prior to joining… Continue reading Scott Maybee Named New President of NextGear

Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo

Citroën Jumper and Jumpy BEVs coming in 2020, while the next-generation Berlingo goes electric in 2021. Citroën intends to electrify all its models – passenger and Light Commercial Vehicles by 2025. While the first passenger plug-in models are just around the corner, let’s take a look at the upcoming LCVs (Jumpy, Jumper and New Berlingo… Continue reading Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo

Infiniti’s Electrification Strategy Includes BEVs And Series Hybrids

Infiniti to electrify its portfolio within two years, introducing two options – battery-electric or series-hybrid (non-plug-in). Infiniti brand (part of Nissan) soon will be celebrating its 30th anniversary (launched on November 8, 1989) and just like Lexus (which also celebrates its 30th anniversary), Infiniti gears up for electrification. Finally, especially since there is a necessity… Continue reading Infiniti’s Electrification Strategy Includes BEVs And Series Hybrids

For Comau the sale is closer. The node is the evaluation

Servicethe other shipyards of Fca With Iveco and Teksid it is at the center of a strategy that foresees the unbundling. In the past, the three companies of the Exor galaxy have been the subject of attention from possible buyers, especially from Asia by Carlo Festa November 2, 2019 (Armando Dadi / AGF) 2 ‘of… Continue reading For Comau the sale is closer. The node is the evaluation

PSA-Fiat Chrysler: a belly dance that lasted for months

Code names: “Stella” for PSA, “Paris” for Fiat Chrysler. The Announcements announced Thursday In the early morning, there was serious backstage since the beginning of October. It was at this point that the two groups, who had been looking around for months – if not years – foresaw that the possibility of a “deal” was… Continue reading PSA-Fiat Chrysler: a belly dance that lasted for months

Car manufacturer: VW sells fewer cars in the US – Audi and Porsche are increasing

VW logo The Wolfsburg carmaker was able to increase its sales in the USA, especially in the first half of the year. (Photo: AP) Herndon After a drop in sales in the previous month has Volkswagen also sold fewer cars in the important US market in October. With 28,072 cars, the manufacturer was according to… Continue reading Car manufacturer: VW sells fewer cars in the US – Audi and Porsche are increasing

CORRECTED-Waymo tests ‘rider only’ service and looks beyond robo-taxis

(This October 28 story corrects to remove erroneous reference in paragraph 6 to regulations preventing the use of autonomous trucks) FILE PHOTO: A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in the Manhattan borough of New York City, U.S., March 27, 2018. REUTERS/Brendan McDermid/File Photo DETROIT (Reuters) – Waymo Chief Executive… Continue reading CORRECTED-Waymo tests ‘rider only’ service and looks beyond robo-taxis

Mitsubishi Motors Reports October 2019 Sales

MMNA has now surpassed 100,000 sales for three straight years and is on pace for a seventh consecutive year of annual sales growth. 2019 remains Mitsubishi’s best calendar year-to-date sales since 2007. October sales of Mirage, the most fuel-efficient non-hybrid vehicle sold in America2, were up 23.4% year-over-year, and year-to-date sales are up 10.8%, continuing… Continue reading Mitsubishi Motors Reports October 2019 Sales