Tag: FCA

@FCA: Conditional distribution of Faurecia shares and cash approved by shareholders

Conditional distribution of Faurecia shares and cash approved by shareholdersAmsterdam, March 8, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its… Continue reading @FCA: Conditional distribution of Faurecia shares and cash approved by shareholders

@niche: AC CARS CELEBRATES IT’S 120th BIRTHDAY WITH 12 SPECIAL AC COBRA SUPERBLOWERS000595

Hethel, United Kingdom, 8 March, 2021 – AC Cars is launching a suite of special anniversary models marking its 120 years in business. In the coming months AC Cobras will be going fully green with innovative high performance electric drivetrains which will achieve outstanding results in terms of on the road speed and power yet… Continue reading @niche: AC CARS CELEBRATES IT’S 120th BIRTHDAY WITH 12 SPECIAL AC COBRA SUPERBLOWERS000595

German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629

After many years of losses, Opel seems to be developing into a profitable car manufacturer under the umbrella of the renamed parent company Stallantis. In any case, Stellantis gives an overview of the operating profit of its subsidiary Opel-Vauxhall, which previously belonged to PSA, for the Corona year 2020 527 million euros, in the first… Continue reading German Manager Magazin: Stellantis: Opel drives three-digit million profit in Corona year 000629

California bill would require all self-driving vehicles to be zero emission by 2025

California might be the first state to give self-driving cars a deadline to electrify. In mid-February, a bill was quietly introduced into the California State Legislature that would require all autonomous vehicles to also be zero emission by 2025. Proposed Bill SB 500, which was introduced by Senator Dave Min and sponsored by the Union… Continue reading California bill would require all self-driving vehicles to be zero emission by 2025

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

Two funds focus on the aluminum for supercars of the 3M of Perugia

made in Italy The historic foundry that serves luxury automotive brands such as Ferrari and Lamborghini has ended up in the sights of Sici Sgr and Next Holding by Silvia Pieraccini The historic foundry that serves luxury automotive brands such as Ferrari and Lamborghini has ended up in the sights of Sici Sgr and Next… Continue reading Two funds focus on the aluminum for supercars of the 3M of Perugia

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

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