Tag: FCA

Here’s What We Just Learned About The Mazzanti Evantra Millecavalli – HotCars

No one does supercars quite like the Italians. Gorgeous styling, big powerful engines, and enough performance to satisfy even the most manic of gearheads, provided they can live with the quirks of both ownership and customer loyalty. While Ferrari, Lamborghini, and Maserati are all happy to relieve gearheads of their hard-earned cash, there is another… Continue reading Here’s What We Just Learned About The Mazzanti Evantra Millecavalli – HotCars

Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(1) for the fourth quarter and twelve months ended December 31, 2021. Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019 Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus… Continue reading Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target

@FCA: Stellantis México reportó en enero ventas de 2, 929 unidades

2 de febrero de 2022 , Ciudad de México – Alfa Romeo Alfa Romeo vendió 6 unidades. Chrysler Chrysler vendió en enero 23 unidades. Chrysler Pacifica registró un crecimiento en ventas de 53% comparado con enero de 2021. Dodge Dodge reportó ventas de 258 unidades. Dodge Charger registró un crecimiento en ventas de 120% respecto a… Continue reading @FCA: Stellantis México reportó en enero ventas de 2, 929 unidades

@Ferrari: Strong momentum sets the foundation for future growth. 2022 guidance on the trajectory to reach 2023 EBITDA target000212

Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019 Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus FY 2019 EBITDA(1) of Euro 1,531 million, up 34.0% versus prior year and up 20.6% versus FY 2019.EBITDA(1) margin of 35.9% in FY 2021. EBIT… Continue reading @Ferrari: Strong momentum sets the foundation for future growth. 2022 guidance on the trajectory to reach 2023 EBITDA target000212

Tavares says Europe’s EV drive comes with risks – Automotive News Europe

PARIS –The European Commission’s strategy to phase out combustion engines in favor of electric vehicles is a political choice that carries environmental and social risks, Stellantis CEO Carlos Tavares said in an interview with European newspapers. Since merging Fiat Chrysler and Peugeot-maker PSA Group, Tavares has mapped out a 30 billion euro ($34 billion) electrification… Continue reading Tavares says Europe’s EV drive comes with risks – Automotive News Europe

@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000210

Maranello, (Italy), February 1, 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 Euronext Milan (EXM) as… Continue reading @Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000210

Stellantis could axe 1,400 jobs in France, say union sources

The logo of Stellantis is seen in this image provided on November 9, 2020. Communication FCA /Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register PARIS, Jan 31 (Reuters) – Automaker Stellantis (STLA.MI) could cut up to 1,400 jobs in France this year as it continues to adapt to a changing industry,… Continue reading Stellantis could axe 1,400 jobs in France, say union sources

ODIN AUTOMOTIVE CELEBRATES OFFICIAL START OF PRODUCTION

This announcement follows just three weeks after Odin officially acquired StSE’s existing IP, production lines, and subsidiaries in Switzerland and Japan. Concurrently to the acquisition, DPDHL also placed an additional minimum order of 3,500 StSE vehicles and retained a 10% investment stake in the venture. Odin’s EVP of Operations John Burton, who in his more… Continue reading ODIN AUTOMOTIVE CELEBRATES OFFICIAL START OF PRODUCTION

For the beautiful Lancia Thesis a destiny of great misunderstanding

If the car, in fact, somehow managed to be marketed in Italy it was essentially due to Turbo Diesel, chosen as a company benefit for executives or even sold to state apparatuses, including the Presidency of the Republic, in this case equipped with the most powerful V6 needed to move the very heavy Protecta armored… Continue reading For the beautiful Lancia Thesis a destiny of great misunderstanding