Tag: PSA

Fiat-PSA, fusion against thick and thin

Posted on Jan 13, 2021, 5:00 PM How to subscribe to The Story? Marriage concluded between PSA and Fiat. The giant which will be born from this union on January 16 under the name of Stellantis, in Latin “to shine with stars”, will be the fourth car manufacturer with 8 million vehicles produced per year.… Continue reading Fiat-PSA, fusion against thick and thin

@FCA: FCA announces that the previously declared special cash distribution has become unconditional

FCA announces that the previously declared special cash distribution has become unconditionalFCA announced today that the cash distribution declared on January 4, 2021 has become unconditional.As previously announced, the special cash distribution of €1.84 per common share corresponding to a total distribution of approximately €2.9 billion (the “cash distribution”) is payable to holders of FCA… Continue reading @FCA: FCA announces that the previously declared special cash distribution has become unconditional

Top Renault dealer acquires Vauxhall specialist

Lowestoft-based Mitchells, Groupe Renault UK’s 2019 top-performing dealership, has acquired Kerridges at Halesworth, a third-generation family-run Vauxhall specialist and used car garage. Matthew Huke-Jenner, Mitchells managing director and owner, said he was in talks with some carmakers about taking on a franchise and a decision would be made in early 2021. “We will be continuing… Continue reading Top Renault dealer acquires Vauxhall specialist

@Groupe PSA: PR Increased independence of board of directors of Faurecia000992

Texte Faurecia announces the resignation of Olivia Larmaraud, Grégoire Olivier and Philippe de Rovira from its Board of Directors, with immediate effect. All three had been Board Members nominated by PSA. These resignations come as a result of the commitments made by PSA and FCA in the context of their merger operation. Texte As of… Continue reading @Groupe PSA: PR Increased independence of board of directors of Faurecia000992

@Groupe PSA: PR Portugal has chosen PEUGEOT as the No. 1 Brand Consumer choice for the 8th consecutive year000991

Portuguese consumers started 2021 by once again selecting the PEUGEOT brand as the “No. 1 Brand, Consumer Choice”. This is the 8th consecutive year that the brand has received this recognition, surpassing 10 of its competitors in the generalist brand segment. This distinction comes as PEUGEOT Portugal closes 2020 with 21,494 units sold and a… Continue reading @Groupe PSA: PR Portugal has chosen PEUGEOT as the No. 1 Brand Consumer choice for the 8th consecutive year000991

The World’s Top Maker of Mini Motors Bets It Can Win Over Tesla

(Bloomberg) — Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles cheaper and better than anyone else, possibly including its chief executive officer, Elon Musk. “I very much want to have a top-level discussion with… Continue reading The World’s Top Maker of Mini Motors Bets It Can Win Over Tesla

Scuderia Cameron Glickenhaus teams up with Sauber for the SCG 007 hypercar racer – Wade Thiel

In 2021 we will finally see the introduction of the Le Mans Hypercar class, the LMH, which will replace the LMP1 class as the top of the line in endurance racing. One of the most famous races in the World Endurance Championship is without a doubt the legendary 24 Hours of Le Mans, to be… Continue reading Scuderia Cameron Glickenhaus teams up with Sauber for the SCG 007 hypercar racer – Wade Thiel

German Handelsblatt: Electric SUV not available: “Overbooking”: Opel cancels hundreds of orders for Mokka-e001069

Opel Mokka-e Opel was so surprised by the interest in its new top model that the car manufacturer is now even forced to terminate contracts that have already been concluded with hundreds of customers. (Photo: Opel) Munich Opel boss Michael Lohscheller is dissatisfied. From his point of view, a market share of just 3.9 percent… Continue reading German Handelsblatt: Electric SUV not available: “Overbooking”: Opel cancels hundreds of orders for Mokka-e001069

German Manager Magazin: Opel boss announces further hardships000462

Opel– Group boss Michael Lohscheller (52), according to a media report, prepares his employees for difficult tasks in the new year. “We all know that there are still a number of challenges to tackle – topics that we are discussing together with the works council and IG Metall,” Lohscheller wrote in a letter to the… Continue reading German Manager Magazin: Opel boss announces further hardships000462