automotive Without the approval, or without the communication of the meeting that the distribution has become unconditional, this will not be due (Imagoeconomica) Without the approval, or without the communication of the meeting that the distribution has become unconditional, this will not be due March 5, 2021 1 ‘of reading Stellantis will distribute to holders… Continue reading From Stellantis shares Faurecia and 308 million after the yes of the assembly
Tag: PSA
Volkswagen doubles its electric sales target: 70% by 2030
Fierce competition Volkswagen, now the second largest producer in the world after Toyota, is facing a constantly evolving market and increasingly fierce competition. Carmakers are competing to develop electric vehicles and meet Europe’s increasingly stringent CO2 emissions targets, under penalty of heavy penalties. Ford has announced that it will only produce electric cars by 2030… Continue reading Volkswagen doubles its electric sales target: 70% by 2030
German FAZ: Opel-Partner workforce feels “betrayed for the second time” 001022
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@Groupe PSA: PR Stellantis announces conditional distribution of Faurecia shares and cash001321
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today a conditional distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being the proceeds received by Peugeot S.A. from the sale of ordinary… Continue reading @Groupe PSA: PR Stellantis announces conditional distribution of Faurecia shares and cash001321
Stellantis CEO does not rule out M&A operations – paper
With Europe and the United States as its top markets, the carmaker needs to revive its lagging fortunes in China. ROME: The chief executive of newly-created Stellantis said he does not rule out M&A operations for the carmaker, although he signalled that the company is now focused on implementing its merger, daily Il Sole 24… Continue reading Stellantis CEO does not rule out M&A operations – paper
Stellantis to distribute its stake in Faurecia to shareholders
By Reuters Staff 1 Min Read A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, March 3, 2021. REUTERS/Pascal Rossignol MILAN (Reuters) – Stellantis on Thursday announced distribution of the stake it still holds in auto parts maker Faurecia to its shareholders. Stellantis shareholders will decide on… Continue reading Stellantis to distribute its stake in Faurecia to shareholders
@FCA: Stellantis announces conditional distribution of Faurecia shares and cash
Stellantis announces conditional distribution of Faurecia shares and cashAmsterdam, March 4, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today a conditional distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being… Continue reading @FCA: Stellantis announces conditional distribution of Faurecia shares and cash
@Groupe PSA: PR Stellantis publishes its 2020 Annual Report and Form 20-F and the 2020 Consolidated Financial Statements and Management’s Discussion and Analysis of Groupe PSA001314
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published its 2020 Annual Report and Form 20-F and filed its Form 20-F, including the financial statements of Fiat Chrysler Automobiles N.V. for the fiscal year ended December 31, 2020, with the United States Securities and Exchange Commission… Continue reading @Groupe PSA: PR Stellantis publishes its 2020 Annual Report and Form 20-F and the 2020 Consolidated Financial Statements and Management’s Discussion and Analysis of Groupe PSA001314
UK car industry reports worst February sales since 1959
The car industry has had its worst February for sales since 1959 as dealerships across the UK remained closed through national lockdowns. British consumers bought only 51,300 cars in the month, a 35.5% year-on-year decline, according to the Society of Motor Manufacturers and Traders (SMMT). The lobby group also cut its new car sales forecast… Continue reading UK car industry reports worst February sales since 1959
@FCA: Stellantis publishes its 2020 Annual Report and Form 20-F and the 2020 Consolidated Financial Statements and Management’s Discussion and Analysis of Groupe PSA
Stellantis publishes its 2020 Annual Report and Form 20-F and the 2020 Consolidated Financial Statements and Management’s Discussion and Analysis of Groupe PSAAmsterdam, March 4, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published its 2020 Annual Report and Form 20-F and filed its Form 20-F,… Continue reading @FCA: Stellantis publishes its 2020 Annual Report and Form 20-F and the 2020 Consolidated Financial Statements and Management’s Discussion and Analysis of Groupe PSA