Tag: FCA

Inside the industry: These premium brands are in trouble

Electrification, connectivity, autonomy, fast-moving start-up companies, a global pandemic, Brexit, semiconductor shortages, changing consumer habits, new retail models, a Suez Canal blockage… The list of short- and long-term challenges facing the car industry today is extensive, occasionally bordering on farcical and for some potentially ruinous. Who is in trouble? Here are five that we rate… Continue reading Inside the industry: These premium brands are in trouble

@VW Group: Bugatti International with an ambitious vision for the future002963

To establish the Bugatti brand and products in the 21st century where both are today was not an easy task. When the Bugatti Veyron 16.4. hit the market in 2005, there had been reluctance about the product as well as the revival of the French luxury brand. While the Veyron established itself quickly at the… Continue reading @VW Group: Bugatti International with an ambitious vision for the future002963

Italy’s Newest Supercar Looks Like A Dog’s Breakfast – CarBuzz

Yikes. When it comes to supercars, different metrics are important for different buyers. Some buy purely for performance. Others want to stand out in a crowd. Now, whether that standing out is for a good reason or a bad reason, we suppose, depends on the beholder. While cars like the Lamborghini Huracan have smooth, flowing… Continue reading Italy’s Newest Supercar Looks Like A Dog’s Breakfast – CarBuzz

Vietnam’s answer to Tesla has U.S. in its electric sights

By James Pearson, Phuong Nguyen 8 Min Read HAIPHONG, Vietnam (Reuters) – Move over Tesla, how about a VinFast? A labourer works in VinFast’s factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue That’s the proposition being offered by the automobile arm of Vietnam’s largest conglomerate, Vingroup. It’s… Continue reading Vietnam’s answer to Tesla has U.S. in its electric sights

EasyMile raises $66M for its autonomous people-and-goods shuttles

We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and shuttles for specific uses within closed-campus deployments say they are on their way to commercial operations and are raising money to get there. In the latest development, a startup out of… Continue reading EasyMile raises $66M for its autonomous people-and-goods shuttles

Sports carmaker Lotus to ramp up production more than tenfold

The sports carmaker Lotus has unveiled plans to increase its output more than tenfold, in a boost to the UK’s post-Brexit automotive sector that will lead to new electric models being built in Norfolk. Lotus, majority-owned by China’s Geely since 2017, said it would ramp up production at sites including its Hethel plant, near Norwich,… Continue reading Sports carmaker Lotus to ramp up production more than tenfold

Alfa Romeo CEO Believes The Giulia And Stelvio Have The Same Quality As The Germans – CarScoops

The new chief executive of Alfa Romeo, Jean-Philippe Imparato, believes the quality of the Giulia and Stelvio are now on par with their German rivals. Imparato is a PSA Group veteran and has been tasked with leading Alfa Romeo by Stellantis chief executive Carlos Tavares. Like Tavares, Imparato is looking to slash costs, as evidenced… Continue reading Alfa Romeo CEO Believes The Giulia And Stelvio Have The Same Quality As The Germans – CarScoops

@Ferrari: Ferrari N.V.: periodic report on the buyback program000098

Maranello (Italy), April 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program000098

How the luxury automobile breaks its taboo of the 100% electric car

Posted Apr 26, 2021, 7:15 Updated Apr 26, 2021, 7:32 Ferrari gave in. Having long resisted the sirens of lithium-ion, the Maranello firm has ended up announcing that it would unveil a 100% electric racing car … in 2025. The president of the prancing horse, John Elkann, confirmed this at the company’s general meeting last… Continue reading How the luxury automobile breaks its taboo of the 100% electric car