Nov 1 (Reuters) – Rivian Automotive Inc, which is backed by Amazon.com Inc (AMZN.O), is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor (7267.T). The startup is looking to raise up to $8.4 billion, setting it up to… Continue reading Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC
Tag: FCA
Apple is bringing car crash detection to the iPhone, says the Wall Street Journal
Apple is reportedly working on a new iPhone and Apple Watch feature that detects if you’re in a car crash and dials 911 automatically. The current plan is to roll out such a feature next year, according to The Wall Street Journal. Google’s Personal Safety app on Pixel phones already includes a feature to call… Continue reading Apple is bringing car crash detection to the iPhone, says the Wall Street Journal
@FCA: Stellantis Closes Previously Announced Acquisition of First Investors Financial Services Group
November 1, 2021 , AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) is pleased to announce completion of the acquisition of F1 Holdings Corp., parent company to First Investors Financial Services Group (“First Investors”), from an investor group led by Gallatin Point Capital LLC. The acquisition, previously announced on September 1, 2021,… Continue reading @FCA: Stellantis Closes Previously Announced Acquisition of First Investors Financial Services Group
Stellantis’ Carlos Tavares, Hyundai’s Jose Muñoz set example in recruiting diverse high-level leaders – Automotive News
Yes, they have names that sound to American ears like members of minority groups. But Muñoz is from Spain, Tavares from Portugal: They were born into the established, dominant male group in their respective Iberian nations. Muñoz is global COO for Korean automaker Hyundai Motor Co. and CEO of Hyundai Motor North America. It’s in… Continue reading Stellantis’ Carlos Tavares, Hyundai’s Jose Muñoz set example in recruiting diverse high-level leaders – Automotive News
Private moments with Ford CEO Jim Farley reveal how he works – Detroit Free Press
This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading Private moments with Ford CEO Jim Farley reveal how he works – Detroit Free Press
Opel Manta and Lancia Delta to lead Stellantis EV attack
The four EV platforms being developed by Stellantis will be used across all 14 of its brands, which also include Alfa Romeo, Citroën, DS, Fiat, Jeep, Lancia, Maserati and Peugeot. The economies of scale enabledby the platform sharing will allow each to rapidly expand its line-up, which will be of particular benefit to marques that… Continue reading Opel Manta and Lancia Delta to lead Stellantis EV attack
German Handelsblatt: Car maker: Opel boss Uwe Hochgeschurtz secures receipt of all plants for 003211
Uwe Hochgeschurtz The Opel boss rules out the closure of plants in Germany. (Photo: dpa) Rüsselsheim The new Opel boss Uwe Hochgeschurtz has promised to keep the carmaker’s locations in Germany. “We keep all works. Rüsselsheim, Eisenach and Kaiserslautern are and will remain our factories in Germany, ”said Hochgeschurtz of the“ Frankfurter Allgemeine Zeitung ”(Monday).… Continue reading German Handelsblatt: Car maker: Opel boss Uwe Hochgeschurtz secures receipt of all plants for 003211
I drove a Ford Mustang Mach-E for 10 days — and it was incredible
This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading I drove a Ford Mustang Mach-E for 10 days — and it was incredible
Scudo and Ulysse: new models also electric
Listen to the audio version of the article 1 ‘of reading The new Fiat Ulysse and Scudo will be born in France, offered in both thermal and 100% electric versions. Built at the Hordain plant, the new family of vehicles therefore marks the return of Fiat Professional and Fiat to the historic French factory where,… Continue reading Scudo and Ulysse: new models also electric
Autos & Transportation · 6:45 PM UTCInternational opposition mounts over proposed U.S. EV tax creditThe European Union, Germany, Canada, Japan, Mexico…
An electric vehicle (EV) fast charging station is seen in the parking lot of a Whole Foods Market in Austin, Texas, U.S., December 14, 2016. REUTERS/Mohammad Khursheed/File Photo/File Photo WASHINGTON, Oct 30 (Reuters) – The European Union, Germany, Canada, Japan, Mexico, France, South Korea, Italy and other countries wrote U.S. lawmakers saying a proposed U.S.… Continue reading Autos & Transportation · 6:45 PM UTCInternational opposition mounts over proposed U.S. EV tax creditThe European Union, Germany, Canada, Japan, Mexico…