PARIS — Stellantis has halted a plan to bring back the Peugeot brand to the U.S. market, saying it wants to concentrate on “existing brands” in North America after the merger of PSA Group and Fiat Chrysler Automobiles gave the new group a broader geographical reach. The plan for a comeback for Peugeot, last sold… Continue reading Peugeot’s US return scrapped to focus on existing brands – Automotive News Europe
Tag: PSA
World NM: Peugeot won’t return to U.S. as Stellantis focuses on Alfa Romeo revival000948
Stellantis is pulling the plug on plans to bring Peugeot back to America. The newly-formed conglomerate is suspending a project aimed at reintroducing the French brand to the U.S. and has reappointed the executive overseeing it, Larry Dominique, to the role of Vice President of Alfa Romeo Brand for North America. Alfa Romeo only returned… Continue reading World NM: Peugeot won’t return to U.S. as Stellantis focuses on Alfa Romeo revival000948
@Groupe PSA: PR Conditional distribution of Faurecia shares and cash approved by shareholders001337
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”)… Continue reading @Groupe PSA: PR Conditional distribution of Faurecia shares and cash approved by shareholders001337
@FCA: Conditional distribution of Faurecia shares and cash approved by shareholders
Conditional distribution of Faurecia shares and cash approved by shareholdersAmsterdam, March 8, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its… Continue reading @FCA: Conditional distribution of Faurecia shares and cash approved by shareholders
German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629
After many years of losses, Opel seems to be developing into a profitable car manufacturer under the umbrella of the renamed parent company Stallantis. In any case, Stellantis gives an overview of the operating profit of its subsidiary Opel-Vauxhall, which previously belonged to PSA, for the Corona year 2020 527 million euros, in the first… Continue reading German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629
Peugeot 3008, with or without all-wheel drive
The crossover of the French brand is offered in two plug-in hybrid variants, the Hybrid and the Hybrid4. The first, with front-wheel drive, combines a 1,600 cc 180 hp petrol engine with a 110 hp electric engine housed in the 8-speed automatic transmission for a total power of 225 hp. The 11.8 kWh lithium-ion battery… Continue reading Peugeot 3008, with or without all-wheel drive
New 2022 Toyota Aygo to arrive with Yaris inspiration
Toyota has confirmed it will commit to the city car market next year with the introduction of a new A-segment model – a third-generation Aygo – which will be built on the same platform as the latest Yaris and the new Yaris Cross SUV. The brand is seeking to capitalise on key rivals abandoning the… Continue reading New 2022 Toyota Aygo to arrive with Yaris inspiration
When manufacturers experiment: 10 cars that bucked the trend
To truly understand the appeal of cars like the Nissan Nismo GT-R, Toyota GR Yaris and Alpine A110, as we’ve just done in our three-way track visit seen elsewhere on this site, you have to consider their standing in their respective showrooms. The GT-R, for example, can be found nestled between Micras and Qashqais; the GR… Continue reading When manufacturers experiment: 10 cars that bucked the trend
Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648
Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3× from 5.7% a year ago. The overall auto market was down 35.5% year-on-year due to continuing lockdowns, which are currently planned to lift in mid April. Diesel powertrain sales volume fell by over 61% year-on-year and are… Continue reading Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648
VW expects half of U.S. sales to be electric vehicles by 2030
Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from… Continue reading VW expects half of U.S. sales to be electric vehicles by 2030