Tag: FCA

Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) and on the New York… Continue reading Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche

Zenvo to launch next supercar by 2023 – Autocar

Supercar maker Zenvo is working on a hybrid successor to its 1177bhp TSR-S that will arrive within the next two years and will be key to plans to dramatically grow its production output. The Danish company was founded in 2004, initially producing the 1089bhp ST1. Having built just 15 examples of that car between 2009 and 2016,… Continue reading Zenvo to launch next supercar by 2023 – Autocar

Foxconn secures first EV plant in U.S. with Lordstown deal

TAIPEI — Foxconn has struck a deal to acquire its first electric vehicle manufacturing plant in North America, part of $280 million in deals with U.S. electric vehicle startup Lordstown Motors that also include a share purchase. The Taiwanese tech giant said on Friday morning it will take a roughly 4% stake in Lordstown for around… Continue reading Foxconn secures first EV plant in U.S. with Lordstown deal

@FCA: FCA Reports Q3 2021 U.S. Sales

October 1, 2021 , Auburn Hills, Mich. – FCA US LLC reported U.S. total sales for the quarter were 410,917 vehicles compared with 507,351 for the same period in 2020. Retail sales were 348,084 vehicles for the quarter. Fleet accounted for 15% of total sales.  “While the various supply chain issues facing our industry continue to impact… Continue reading @FCA: FCA Reports Q3 2021 U.S. Sales

@FCA: FCA Canada Reports Q3 2021 Sales Results

October 1, 2021 , Windsor, Ontario – FCA Canada today reported third-quarter 2021 total sales of 35,717 vehicles, down from the prior year. For the calendar year, sales total 122,284 units. “Despite the ongoing global challenges facing our industry, new models from the Jeep® brand were standout performers this past quarter,” said David Buckingham, President and CEO,… Continue reading @FCA: FCA Canada Reports Q3 2021 Sales Results

World NM: Alfa Romeo Giulia GTA Finally Sells Out, 18 Months After Premiere001592

Alfa Romeo presented the GTA twins back in March 2020, which is exactly 18 months ago. Better late than never, all 500 units have been spoken for. Pretty… underwhelming, isn’t it? Even though it’s the very best Giulia in production today, few people can see th… (continue reading…) Go to Source

Disrupted · 10:19 AM UTCAnalysis: Auto industry wonders whether Ford-SK battery plants will sport the union labelThe plan for Ford Motor Co and Korean…

WASHINGTON/DETROIT, Sept 29 (Reuters) – The plan for Ford Motor Co (F.N) and Korean battery partner SK Innovation (096770.KS) to build three battery plants in the United States, announced this week read more , will prompt a furious drive by labor leaders to organize the plants, potentially setting the tone for future union drives at… Continue reading Disrupted · 10:19 AM UTCAnalysis: Auto industry wonders whether Ford-SK battery plants will sport the union labelThe plan for Ford Motor Co and Korean…

@FCA: All-new 2022 Jeep® Grand Cherokee: Most Technologically Advanced, 4×4-capable and Luxurious Grand Cherokee Yet

September 29, 2021 , Auburn Hills, Mich. – The Jeep® brand continues to climb to new heights as it celebrates its 80th year, introducing the first electrified Jeep Grand Cherokee 4xe along with the ultimate off-road Grand Cherokee, the new Trailhawk. From the moment the Jeep brand introduced the Grand Cherokee in 1992, by literally driving… Continue reading @FCA: All-new 2022 Jeep® Grand Cherokee: Most Technologically Advanced, 4×4-capable and Luxurious Grand Cherokee Yet