Wealthy people in the UK are buying more luxury supercars than ever before, according to Driver and Vehicle Licensing Agency figures shared with the Guardian. Almost 16,000 supercars – such as Ferrari, Bugatti, Aston Martin, Maserati and Koenigsegg models – were registered at UK addresses in the year to December 2019, according to figures released… Continue reading Wealthy people in UK still driven to splash out on supercars
Tag: FCA
German Manager Magazin: Battery cells: Funding worth billions for Tesla, BMW and others approved by the EU000539
The EU Commission has approved another major European project for battery production for electric cars. She classified the 2.9 billion euro investment project by twelve EU countries under German leadership as a so-called project of common European interest, as the Commission Vice-President Margrethe Vestager (52) in charge of competition said in Brussels on Tuesday. This… Continue reading German Manager Magazin: Battery cells: Funding worth billions for Tesla, BMW and others approved by the EU000539
Tesla’s new Model S will automatically shift between park, reverse, and drive
Tesla’s redesigned Model S and Model X will have a very unconventional and possibly controversial feature: automatic shifting between park, reverse, neutral, and drive (or PRND). There will be an option to change drive modes on the touchscreen, but CEO Elon Musk made the case for automatic switching on Twitter late Wednesday night. “Car guesses… Continue reading Tesla’s new Model S will automatically shift between park, reverse, and drive
Stellantis admits FCA broke U.S. labor laws. Here’s what’s next
The proposed deal with federal prosecutors detailed Wednesday ends prolonged negotiations stemming from a years-long corruption scandal Go to Source
German Handelsblatt: Supplier: Public prosecutor expands diesel investigation against Continental001202
Diesel investigation The Hanover public prosecutor’s office is expanding the group of accused Continental employees. (Photo: dpa) Düsseldorf After further searches at two Continental locations, the Hanover public prosecutor’s office increased the number of suspects in the ongoing diesel investigations against the supplier. Because of the suspicion of aiding and abetting fraud, the authorities are… Continue reading German Handelsblatt: Supplier: Public prosecutor expands diesel investigation against Continental001202
@FCA: DBRS raises the ratings on Stellantis N.V.
DBRS raises the ratings on Stellantis N.V.Amsterdam, January 27, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, DBRS Limited (DBRS Morningstar) has upgraded from “BBB (low)” to “BBB” the Issuer Rating and Senior Unsecured Debt rating of Stellantis N.V.The trend on all ratings is stable.About StellantisStellantis is one… Continue reading @FCA: DBRS raises the ratings on Stellantis N.V.
@Groupe PSA: PR FCA US LLC reaches agreement with the U.S. Attorney’s Office to resolve investigation involving the National Training Center001090
Amsterdam, January, 27, 2021 – FCA US LLC, a wholly owned subsidiary of Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA), issued today the following press release. “FCA US LLC (FCA US) today announces that it has reached an agreement with the U.S. Attorney’s Office for the Eastern District of Michigan to resolve its investigation… Continue reading @Groupe PSA: PR FCA US LLC reaches agreement with the U.S. Attorney’s Office to resolve investigation involving the National Training Center001090
FCA US LLC Reaches Agreement With The U.S. Attorney’s Office To Resolve Investigation Involving The National Training Center
AUBURN HILLS, Mich., Jan. 27, 2021 /PRNewswire/ — FCA US LLC (FCA US) today announces that it has reached an agreement with the U.S. Attorney’s Office for the Eastern District of Michigan to resolve its investigation into past misconduct of certain former FCA US employees involving the UAW-Chrysler National Training Center (NTC). The agreement, which is subject… Continue reading FCA US LLC Reaches Agreement With The U.S. Attorney’s Office To Resolve Investigation Involving The National Training Center
@FCA: FCA US LLC Reaches Agreement With the U.S. Attorney’s Office to Resolve Investigation Involving the National Training Center
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Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims
By David Shepardson 3 Min Read WASHINGTON (Reuters) – Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. FILE PHOTO: The logo of German carmaker Volkswagen is… Continue reading Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims