Tag: FCA

Maserati jumps into luxury EV market with all-electric Grecale compact SUV

Italian luxury automaker Maserati unveiled the Grecale, a brand-new compact SUV that will come in a range of powertrains, including an all-electric version in 2023. It will be the tip of the spear in Maserati’s plan to become an EV-only brand by 2030. Last week, Maserati announced plans to launch a range of EVs bearing… Continue reading Maserati jumps into luxury EV market with all-electric Grecale compact SUV

@Ferrari: Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.000235

Maranello22 March 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today signed a Memorandum of Understanding (Protocollo di Intesa) with the Italian Ministry of Economic Development (MISE), Invitalia (the National Agency for Inward Investment and Economic Development S.p.A.) and the Emilia-Romagna Region. According to the Memorandum of Understanding, the Institutions involved will support… Continue reading @Ferrari: Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.000235

German FAZ: Ferrari in the fast lane002914

There are at least two rushes in motorsport: where Ferrari drives, Formula 1 circulates. If Ferrari wins, it wins. So the season opener on Sunday in Bahrain was a good day for the premier class. Finally, the heart of the big party is back where it sees itself and is liked to be seen: at… Continue reading German FAZ: Ferrari in the fast lane002914

German Manager Magazin: New passenger car registrations in Europe: Strong declines for Stellantis and Volkswagen001631

New passenger car registrations in the EU continued to fall in February. 719,465 vehicles mean a drop of 6.7 percent year-on-year, as the industry association Acea announced on Thursday. So few cars have never been sold in February since records began. The reason is the disruptions in the supply chain, for example in the case… Continue reading German Manager Magazin: New passenger car registrations in Europe: Strong declines for Stellantis and Volkswagen001631

@FCA: Stellantis Ventures Launches with €300 Million Fund to Propel Innovation Uptake

Stellantis Ventures Launches with €300 Million Fund to Propel Innovation Uptake  March 16, 2022 , Amsterdam – Stellantis today announced the launch of its first venture capital fund with the creation of Stellantis Ventures. The fund will initially invest €300 million in early and later-stage startup companies developing innovative, customer-centric technologies that could be deployed within… Continue reading @FCA: Stellantis Ventures Launches with €300 Million Fund to Propel Innovation Uptake

@Groupe PSA: PR Stellantis Ventures Launches with €300 Million Fund to Propel Innovation Uptake003432

AMSTERDAM – Stellantis today announced the launch of its first venture capital fund with the creation of Stellantis Ventures. The fund will initially invest €300 million in early and later-stage startup companies developing innovative, customer-centric technologies that could be deployed within the automotive and mobility sector. “We are moving fast in our transformation to a… Continue reading @Groupe PSA: PR Stellantis Ventures Launches with €300 Million Fund to Propel Innovation Uptake003432

New Prodrive Hunter: 600bhp ‘Ferrari of the desert’ revealed

Q&A: David Richards, Prodrive chairman Why build a road-going Hunter T1+? “Many people in remote areas, especially the Middle East, do a lot of desert driving for recreation. There’s a big off-road culture. It seemed logical to propose such a car – and then the crown prince [of Bahrain] became interested in being our first… Continue reading New Prodrive Hunter: 600bhp ‘Ferrari of the desert’ revealed

AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times

DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale company, said used-vehicle prices are starting to ease a bit, but he doesn’t think new-vehicle supplies will improve much until the… Continue reading AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times