Tag: PSA

Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants

The maker of Chrysler, Dodge, Jeep and Ram vehicles on Monday said it will invest $2.8 billion (3.6 billion Canadian dollars) into its Canadian operations for its electric transition, preserving the futures of both Windsor and Brampton assembly plants and creating its first battery lab in North America. The amount is more than double the commitment Fiat… Continue reading Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants

Plastic Omnium positions itself in automotive lighting

Posted Apr 29, 2022, 1:40 PM Plastic Omnium wants to become a major player in automotive lighting. After having already acquired a small German player in the sector, AMLS, at the end of March for 65 million euros, the equipment supplier controlled by the Burelle family, this time disburses 600 million euros, in cash, to… Continue reading Plastic Omnium positions itself in automotive lighting

Individuals have stopped buying new vehicles worth 9,000 million euros

27 April, 2022 Posted by: Jorge Platero Category: Faconauto News The consequences of the pandemic and the component crisis are shrinking the market, which will continue to add losses until 2023. Coches.com has presented the first edition of its Annual Study ‘Accelerating change’, a detailed analysis of the evolution of the automobile market in our… Continue reading Individuals have stopped buying new vehicles worth 9,000 million euros

Automotive: OEMs zigzag between Ukraine and China

Posted on Apr 27, 2022 at 4:12 p.m.Updated on Apr 27, 2022 at 4:13 p.m. A big brake in Europe in March, and another probably to come in China: the production crisis in the automotive industry knows no respite, as shown by the quarterly results published Tuesday and Wednesday by the major French equipment manufacturers… Continue reading Automotive: OEMs zigzag between Ukraine and China

Car makers treble battery range and deliver 15-fold increase in model choice in a decade

Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’. Industry confirms commitment to zero-emission motoring, from hatchbacks to supercars, as more than 40% of models on the market now come with a plug. SMMT Test Day reflects EV model choice with… Continue reading Car makers treble battery range and deliver 15-fold increase in model choice in a decade

@Groupe PSA: PR First-quarter 2022 sales003642

Citation Since the announcement of our full-year 2021 results, the environment has significantly changed with the start of the war in Ukraine and Covid-related restrictions in China. Our industry has again to adapt to a challenging environment generating new uncertainty, after two difficult years due to the pandemic and the shortage of semiconductors, whose effects… Continue reading @Groupe PSA: PR First-quarter 2022 sales003642