Maranello (Italy), October 29, 2021 – Ferrari N.V. (NYSE/MTA: 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 Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program000171
Tag: FCA
The Stellantis factory in Vesoul welcomes 200 Italian workers from the group
Rather used to welcoming colleagues from Mulhouse or Sochaux as reinforcements, the employees of the Stellantis site (ex-PSA) in Vesoul were surprised to see 80 Italian workers arrive on Monday, October 25. These workers are attached to two sites of the group located near Naples (Fiat). These volunteers traveled more than 1000 km to come… Continue reading The Stellantis factory in Vesoul welcomes 200 Italian workers from the group
@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000170
Maranello (Italy), October 29, 2021 – Ferrari N.V. (NYSE/MTA: 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 Italian Stock Exchange… Continue reading @Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000170
CEO says Volkswagen has ‘seen the worst’ of the chip shortage – CNN
CEO Herbert Diess told CNN Business on Thursday that the world’s second largest automaker has “seen the worst” of a chip shortage that badly dented its third quarter earnings. “We had really a challenging quarter,” Diess told Anna Stewart during an interview. “We have better [chip] supply now and hopefully months after months we can… Continue reading CEO says Volkswagen has ‘seen the worst’ of the chip shortage – CNN
Italy’s auto suppliers feel the pinch
Newsletter: Europe Express Your essential guide to what matters in Europe today. Delivered every weekday. With the business of carmaking facing radical change, Italy’s automotive component producers must adapt quickly. But experts say they are struggling to do so — raising doubts about the future of one of the country’s most thriving and export-oriented industries.… Continue reading Italy’s auto suppliers feel the pinch
Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets
Jaguar Land Rover has joined Tesla’s manufacturer pool for European Union CO2 emissions, a move that’s likely designed to help the firm avoid paying fines for missing its targets. Under EU rules, car firms are required to achieve increasingly tough average CO2 emissions targets for their car fleets. Any that misses its target faces a heavy fine of €95 (£77)… Continue reading Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets
Little auto supplier Globe Tech in Plymouth makes big parts for US military
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 Little auto supplier Globe Tech in Plymouth makes big parts for US military
Piero Ferrari: from the “room of errors” to the future of the Prancing Horse that seeks transition
Read also The Cavallino, which has been owned by Ferrari since 1942, has been renovated, entrusted to the care of a star of international cuisine such as Massimo Bottura, who has the Osteria Francescana in Modena, and inaugurated this summer: «Isn’t the maestro here? »Asks Piero Ferrari with affectionate irony to the waiter. No, Bottura… Continue reading Piero Ferrari: from the “room of errors” to the future of the Prancing Horse that seeks transition
Samsung SDI and Stellantis to set up EV battery venture in U.S.
SEOUL (Reuters) — South Korea’s Samsung SDI on Friday said it had entered an agreement for a joint venture with automaker Stellantis NV to produce electric vehicle battery cells and modules in the United States. The joint venture aims to start operations by the first half of 2025 with an initial annual battery production capacity… Continue reading Samsung SDI and Stellantis to set up EV battery venture in U.S.
@FCA: Statement: Relay
Statement: Relay October 22, 2021 , Auburn Hills, Mich. – FCA US LLC is recalling an estimated 131,177 U.S.-market vehicles to prevent a possible engine-compartment electrical short. An internal investigation discovered the intake heater-grid relays on certain vehicles may exhibit overheating. In rare instances, this condition may pose a fire risk. The Company is aware of a single… Continue reading @FCA: Statement: Relay