Chrysler-parent Stellantis will be forced to end its operations in Russia, according to CEO Carlos Tavares. The exact timing wasn’t made clear, but Tavares cited as factors the disruption to the supply chain and Western sanctions in the wake of the invasion of Ukraine. A company task force is working to monitor the sanctions to… Continue reading Tavares: Lack of parts to force end to operations in Russia for Chrysler-parent Stellantis
Tag: FCA
FERRARI N.V.: COMPLETION OF THE FIFTH TRANCHE OF THE DISCLOSED MULTI-YEAR SHARE REPURCHASE PROGRAM AND ANNOUNCEMENT OF THE SIXTH TRANCHE
Maranello (Italy), March 3, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the New York Stock… Continue reading FERRARI N.V.: COMPLETION OF THE FIFTH TRANCHE OF THE DISCLOSED MULTI-YEAR SHARE REPURCHASE PROGRAM AND ANNOUNCEMENT OF THE SIXTH TRANCHE
Stellantis: electric cars, turnover, “zero carbon”… Carlos Tavares announces the plan for the next few years
Stellantis is targeting 100% sales of electric vehicles in Europe by 2030 and announces that it intends to double its turnover by 2030. Managing Director Carlos Tavares presented the main guidelines of the plan on March 1 in Amsterdam. strategic. Stellantis wants to sell 100% of electric vehicles in Europe by 2030, and 50% in… Continue reading Stellantis: electric cars, turnover, “zero carbon”… Carlos Tavares announces the plan for the next few years
Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership
The Camozzi Group, parent firm of large-format 3D printer manufacturer Ingersoll Machine Tools, has entered into a partnership with Alfa Romeo F1 team ORLEN. Set to take on advertorial, technical and sporting dimensions, the deal will see the Camozzi Group use its production expertise to aid the work of both the Alfa Romeo F1 team,… Continue reading Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership
@GM: General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain
General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain 2022-03-03 DETROIT – General Motors (NYSE: GM) today announced the appointment of Jeffrey (Jeff) Morrison as vice president, Global Purchasing and Supply Chain, effective April 1. Morrison replaces Shilpan Amin, who was recently appointed GM senior vice president and president, GM International following… Continue reading @GM: General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain
@Ferrari: Ferrari N.V.: completion of the fifth tranche of the disclosed multi-year share repurchase program and announcement of the sixth tranche000228
Maranello (Italy), March 3, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the New York Stock… Continue reading @Ferrari: Ferrari N.V.: completion of the fifth tranche of the disclosed multi-year share repurchase program and announcement of the sixth tranche000228
@Ferrari: Ferrari Publishes Agenda for the 2022 Agm 000226
Maranello (Italy), March 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2022 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 13, 2022, beginning at 11:30 a.m. CEST. To protect the health and safety of all participants… Continue reading @Ferrari: Ferrari Publishes Agenda for the 2022 Agm 000226
@FCA: Stellantis Donates €1 Million to Ukrainian Refugees and Civilians
March 2, 2022 , Amsterdam – Stellantis N.V., through its Foundation, today commits €1 million in humanitarian aid to support the Ukrainian refugees and civilians displaced by the current crisis. With the support of Stellantis’ head of operations in Ukraine, Stellantis will rely on a local NGO to support Ukrainians in using this fund. “Stellantis condemns… Continue reading @FCA: Stellantis Donates €1 Million to Ukrainian Refugees and Civilians
Ferrari Publishes Agenda for the 2022 Agm
Maranello (Italy), March 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2022 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 13, 2022, beginning at 11:30 a.m. CEST. To protect the health and safety of all participants… Continue reading Ferrari Publishes Agenda for the 2022 Agm
@FCA: Canada: Ram shares new images that preview upcoming Ram 1500 BEV pickup truck
March 2, 2022 , Windsor, Ontario – Ram recently announced the Ram Revolution, an exclusive insider program that invites fans to join the brand on its journey to revolutionize the pickup truck market again. Yesterday, as Stellantis shared its long-term strategic plan, two images were shown that provide a preview of the new Ram 1500 battery-electric vehicle (BEV)… Continue reading @FCA: Canada: Ram shares new images that preview upcoming Ram 1500 BEV pickup truck