The head of Jeep’s owner said he is open to dropping the Cherokee name from vehicles after recent criticism from the Native American tribe’s leader. Carlos Tavares, chief executive officer of the recently formed Stellantis NV, said the company was engaged in dialogue with the Cherokee Nation over its use of the name. Jeep has… Continue reading Jeep-Owner Stellantis Is Open to Dropping Cherokee Name, CEO Says – The Wall Street Journal
Tag: FCA
GM extends production shutdown into April due to semiconductor chip shortage
General Motors will keep two of its assembly plants shuttered until at least mid-April, another until the end of March and will idle a fourth, all due to a severe shortage of semiconductor chips used in various vehicle parts. But the automaker is doing everything it can to protect the production of its full-size pickups and… Continue reading GM extends production shutdown into April due to semiconductor chip shortage
Tesla is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley
Morgan Stanley is out with a new report stating that Tesla is losing market shares to the Ford Mustang Mach-E in the US. The firm released its February 2021 US auto sales report and they found that electric vehicle sales were up by almost 40%. Tesla still had majority market shares, but it fell compared… Continue reading Tesla is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley
@Groupe PSA: PR Full Year 2020 Results for FCA and Groupe PSA001307
“These figures demonstrate the financial soundness of Stellantis, bringing together two strong and healthy companies. Stellantis gets off to a flying start and is fully focused on achieving the full promised synergies.” – Carlos Tavares, Stellantis CEO Pursuant to Sept ‘20 Amendment to Combination Agreement, Board has approved a €1.0B distribution(1) to shareholders, subject to… Continue reading @Groupe PSA: PR Full Year 2020 Results for FCA and Groupe PSA001307
@FCA: Alfa Romeo CPOVs Just a Click Away
March 3, 2021 , Auburn Hills, Mich. – Alfa Romeo today announced the launch of its updated certified pre-owned vehicles (CPOV) website that allows prospective buyers to easily locate, research and purchase late-model certified pre-owned Alfa Romeo vehicles, all from the comfort of their home. The updated alfaromeousacertified.com website can now also be accessed via the… Continue reading @FCA: Alfa Romeo CPOVs Just a Click Away
Here’s What’s Special About The Zenvo ST1 | HotCars – HotCars
Denmark is not a common name you’d come across in the world of supercars. Predominantly, you’d associate the term with Italians in the past but nowadays one can find marques from almost every part of the globe. One such moniker to have entered the supercar realm is Zenvo. Pretty sure the name is familiar thanks… Continue reading Here’s What’s Special About The Zenvo ST1 | HotCars – HotCars
Flashback: not so weird car branded phones, part 2 – Lamborghini, Ferrari, Spyker, Porsche – GSMArena.com news – GSMArena.com
A few episodes back we talked about the Nokia 8800 Aston Martin Edition. But did you know that there was also a Lamborghini edition? Time for another look at car-branded phones. Nokia 8800 Sirocco Lamborghini Edition While the Ferrari version was based on the original 8800, the version for rival Italian supercar maker Lamborghini was… Continue reading Flashback: not so weird car branded phones, part 2 – Lamborghini, Ferrari, Spyker, Porsche – GSMArena.com news – GSMArena.com
Stellantis sees rebound in 2021, but chip shortage a worry
MILAN (Reuters) – Low global car inventories and cost cuts should boost Stellantis’s profit margins this year, though a shortage of semiconductors and investments in electric vehicles could weigh on results, the newly-formed automaker said on Wednesday. FILE PHOTO: The logo of Stellantis is seen at the main entrance of the FCA Mirafiori plant in… Continue reading Stellantis sees rebound in 2021, but chip shortage a worry
@FCA: Stellantis Announces 2020 Profit-sharing Payment for UAW-represented Employees
March 3, 2021 , Auburn Hills, Mich. – As a result of FCA’s financial performance in 2020, Stellantis announced today that the eligible profit sharing amount of $8,010 will be paid to UAW-represented employees on March 15, 2021. Actual payments will be based on individual compensated hours. Approximately 43,000 employees are eligible to receive the payment. With… Continue reading @FCA: Stellantis Announces 2020 Profit-sharing Payment for UAW-represented Employees
Stellantis aims to lift Fiat Chrysler margins towards PSA levels
By Giulio Piovaccari 2 Min Read MILAN (Reuters) – Carmaker Stellantis, created by the merger of Peugeot-maker PSA and Fiat Chrysler (FCA), aims to lift profit margins this year towards the levels attained by its Chief Executive Carlos Tavares at PSA. Slideshow ( 2 images ) With 14 brands under one roof, including Fiat, Peugeot,… Continue reading Stellantis aims to lift Fiat Chrysler margins towards PSA levels