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
Tag: PSA
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
Vauxhall plant pauses production as demand sags
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From Stellantis shares Faurecia and 308 million after the yes of the assembly
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
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