In 2020, factory and dealership closures and delayed purchases by consumers due to the pandemic led to a 20% slide in turnover to 3.8 billion euros, while recurring EBIT fell 32% to 140 million. Car markets have since rebounded and European car registrations surged 74% in May, rising for the third month in row. FRANKFURT:… Continue reading Auto transport firm Gefco put up for sale: sources
Tag: PSA
@Groupe PSA: PR Cycles PEUGEOT on the second step of the podium of the French Mountain Bike cup001979
Yannick Pontal, star rider of the Cycles PEUGEOT team finished 2nd at the end of the first round of the French MTB Enduro Cup, Sunday 20th June in Val d’Allos (Alpes de Haute Provence). His teammate Mathieu Ruffray finished 6th in a fierce competition. With this success, Cycles PEUGEOT, sponsor of the French Cup, demonstrates… Continue reading @Groupe PSA: PR Cycles PEUGEOT on the second step of the podium of the French Mountain Bike cup001979
Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
Ploue, 58, who started his career at Renault in 1985, “will personally supervise” the creation of Lancia’s new products along with a “lean and focused team” of young designers based in Turin, Stellantis said in a release. He joined PSA Group in 1999 after a decade at Renault where he contributed to the designs of the… Continue reading Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
@Groupe PSA: PR TotalEnergies renews its global partnership with Peugeot, Citroën, DS Automobiles and extends it to Opel and Vauxhall001972
Paris – TotalEnergies and Stellantis announce the renewal of their partnership for the next five years for the Peugeot, Citroën and DS Automobiles brands. The two Groups are also opening a new chapter with its expansion to include Opel and Vauxhall. These global cooperation agreements now cover five core areas: Increased collaboration in Research &… Continue reading @Groupe PSA: PR TotalEnergies renews its global partnership with Peugeot, Citroën, DS Automobiles and extends it to Opel and Vauxhall001972
@Groupe PSA: PR CERN lays first stone of Science Gateway001966
Amsterdam – CERN today, held a first stone ceremony, as the next step in the creation of the Science Gateway, a new hub for scientific education and culture, which was first unveiled in 2019 in Geneva with the support of the FCA Foundation (the charitable arm of Stellantis). Fabiola Gianotti, CERN’s Director-General, John Elkann, Chairman… Continue reading @Groupe PSA: PR CERN lays first stone of Science Gateway001966
Revealed: How Volkswagen recently tried to buy Alfa Romeo
Recent remarks by Stellantis CEO Carlos Tavares, suggesting that Alfa Romeo has often been the target of buyout offers from rivals, have brought to light moves by Volkswagen to seek control of the Italian firm in 2018. Sources have told Autocar that contact was made between VW and Alfa’s then-parent FCA in 2018 “at the behest… Continue reading Revealed: How Volkswagen recently tried to buy Alfa Romeo
Alfa Romeo to revive GTV as an EV in sweeping range renewal
Alfa Romeo is plotting a revival of the GTV as an electric four-door coupé flagship under a sweeping revival plan that will include a major revamp of its model line-up, Autocar has learned. Seen as a technological flagship for Alfa Romeo’s future line-up, the modernday GTV is one of a number of proposed new models… Continue reading Alfa Romeo to revive GTV as an EV in sweeping range renewal
Faurecia acquires Scottish backlighting tech major DesignLED
Faurecia has, earlier this month, acquired DesignLED. Based in Scotland, DesignLED specialises in advanced backlighting technologies. DesignLED has developed advanced, flexible technology uniquely suited to a growing range of automotive lighting and human machine interface (HMI) applications. The acquisition will help strengthen Faurecia’s display technologies and immersive experiences offered for its ‘Cockpit of the Future’. Formed… Continue reading Faurecia acquires Scottish backlighting tech major DesignLED
Opel teases the new face of its Astra compact car – Automotive News Europe
Opel/Vauxhall has confirmed that the new Astra compact car will be the brand’s next model to use a stretched ‘Vizor’ grille that debuted on the brand’s latest Mokka small SUV. Opel on Tuesday released images of some of the car’s design details, including the grille with incorporated LED headlights, an elongated dual-screen dashboard, and the… Continue reading Opel teases the new face of its Astra compact car – Automotive News Europe
Mahindra Appoints Pratap Bose to lead its new Global Design Organization
The Global Design organization will comprise of the recently announced Mahindra Advanced Design Europe (M.A.D.E), which is being set up in Coventry in the West Midlands, U.K and the existing Mahindra India Design Studio (M.I.D.S). The Global Design Organization will harness the world-class talent pool and expand its global technology footprint. In this role, Pratap… Continue reading Mahindra Appoints Pratap Bose to lead its new Global Design Organization