Fiat Chrysler to list robot-making business after PSA merger

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) said it planned to list robot making business, giving more detail on Monday about the future of Turin-based Comau, which it already planned to… Continue reading Fiat Chrysler to list robot-making business after PSA merger

Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim

Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of ​​how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim

Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts

Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of ​​how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts

@Ferrari: The second phase of the “Back on Track” programme is underway with serological tests for employees’ families

The tests will be available from 9 June for family members of Ferrari employees and suppliers operating within the company. Maranello, 29 May 2020 – The “Back on Track” programme, introduced by Ferrari to protect the health of its people when production resumes, has now entered its second phase focusing on the families of employees… Continue reading @Ferrari: The second phase of the “Back on Track” programme is underway with serological tests for employees’ families

Italy’s credit agency SACE approves state guarantees for FCA $7 billion bank loan: source

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – The board of Italy’s export credit agency SACE has approved state guarantees covering 80% of a 6.3 billion euro ($7 billion) bank loan for Fiat Chrysler (FCHA.MI) (FCAU.N),… Continue reading Italy’s credit agency SACE approves state guarantees for FCA $7 billion bank loan: source

GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns

DETROIT (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic. FILE PHOTO: A partially assembled V6 engine, used in a variety of General Motors cars, trucks and crossovers, moves down the… Continue reading GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns

Electric vans: anyone who wants to inherit the street scooter

Italians under power Among the large van models, there is the Fiat Ducato in an E variant. Cologne E-commerce is booming and the streets are full of vans. That was already the case before Corona and has intensified significantly with the pandemic. But as easy as that is for the customers, the development is also… Continue reading Electric vans: anyone who wants to inherit the street scooter

@Ferrari: Ferrari Announces Settlement of its Notes offering

Maranello (Italy), 27 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces the settlement of the offering, previously announced, of Euro 650 million in aggregate principal amount of 1.500% notes due in May 2025, with an issue price of 98.898% (the “Notes”). The net proceeds of the offering were approximately Euro 641 million after payment of… Continue reading @Ferrari: Ferrari Announces Settlement of its Notes offering

Ferrari Announces Settlement of its Notes offering  

Maranello (Italy), 27 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces the settlement of the offering, previously announced, of Euro 650 million in aggregate principal amount of 1.500% notes due in May 2025, with an issue price of 98.898% (the “Notes”). The net proceeds of the offering were approximately Euro 641 million after payment of… Continue reading Ferrari Announces Settlement of its Notes offering