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
Tag: FCA
@FCA: 2021 January North American Manufacturing Operations
UNITED STATES, CANADA and MEXICO ASSEMBLY OPERATIONS* Manufacturing Facility Location Products Belvidere Assembly Belvidere, Ill. Jeep® Cherokee Brampton Assembly Brampton, Ont. (Canada) Chrysler 300, Dodge Challenger,Dodge Charger Detroit Assembly Complex – Jefferson Detroit Jeep Grand Cherokee, Jeep Grand Cherokee SRT, Dodge Durango Detroit Assembly Complex – Mack Detroit Jeep Grand Cherokee L (launches in Q1… Continue reading @FCA: 2021 January North American Manufacturing Operations
Award-Winning Technology Completes Continental’s State-of-the-Art Trailering Portfolio
Continental’s Transparent Trailer technology was honored this week with a 2021 CES Innovation Award in the Vehicle Intelligence and Transportation product category. The complete trailering portfolio offers solutions to make driving and maneuvering a trailer safer and more efficient. AUBURN HILLS, Mich., January 13, 2021 — Continental’s Transparent Trailer technology is being recognized this week… Continue reading Award-Winning Technology Completes Continental’s State-of-the-Art Trailering Portfolio
@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
Exclusive: Indian automaker Mahindra cuts over half of North America workforce – sources
CHENNAI/NEW DELHI/DETROIT (Reuters) – Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the matter told Reuters, due to the COVID-19 pandemic and an ongoing legal tussle. FILE PHOTO: ROXOR off-road vehicles are seen in the Mahindra Automotive North America assembly… Continue reading Exclusive: Indian automaker Mahindra cuts over half of North America workforce – sources
@FCA: S&P raises its ratings on FCA N.V
S&P raises its ratings on FCA N.V Go to Source
@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
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
@FCA: Archer Taps FCA’s Scale and Expertise to Accelerate Electric Vertical Take Off and Landing (eVTOL) Aircraft Production
January 12, 2021 , Auburn Hills, Mich. – Archer and Fiat Chrysler Automobiles (FCA) announced today that they have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. California-based Archer is creating the world’s first all-electric airline that moves… Continue reading @FCA: Archer Taps FCA’s Scale and Expertise to Accelerate Electric Vertical Take Off and Landing (eVTOL) Aircraft Production
@FCA: Moody’s raises its ratings on FCA N.V.
Moody’s raises its ratings on FCA N.V.Moody’s Investors Service communicated yesterday that it has upgraded from “Ba1” to “Baa3” the Issuer Rating of FCA N.V. (NYSE: FCAU / MTA: FCA), and from “Ba2” to “Baa3” the rating on the bonds issued or guaranteed by FCA N.V..The short-term rating is upgraded from “(P) NP” to “(P)… Continue reading @FCA: Moody’s raises its ratings on FCA N.V.