The chairman of Taiwanese manufacturer Foxconn says the electronics giant is considering making electric vehicles at its mostly empty worksite in Wisconsin, where the company originally planned to make LCD panels. Either that, or Foxconn may make EVs in Mexico. The decision will be made by July 1st, chairman Young Liu said at a press… Continue reading Foxconn says it might build EVs at empty Wisconsin site, or in Mexico
Tag: FCA
GM builds pickups without fuel economy modules due to chip shortage
General Motors said it will build certain 2021 light-duty full-size pickups without a fuel management module starting Monday until the end of the model year in late summer. The goal is to keep pickups rolling off the assembly line despite a global shortage of semiconductor chips used in the modules. But the result is those affected pickups will not achieve top fuel… Continue reading GM builds pickups without fuel economy modules due to chip shortage
Aston Martin pledges to build electric cars in the UK from 2025
Aston Martin has promised to build all of its upcoming electric vehicles in the UK, rather than have them assembled in Germany by its business partner, Mercedes. Aston Martin’s newly appointed chairman, Lawrence Stroll, told the Financial Times that his company would soon build a battery-powered sports car at its facility in Gaydon and an… Continue reading Aston Martin pledges to build electric cars in the UK from 2025
Auto industry urges emissions deal weaker than Obama’s
Washington – A coalition of automakers has told the Biden administration it would agree to raise mileage standards to reduce tailpipe emissions but with tradeoffs and at rates lower than those brokered by California with five other car manufacturers. If agreed to, the proposal could give President Joe Biden a quick win by securing cuts… Continue reading Auto industry urges emissions deal weaker than Obama’s
@Ferrari: Ferrari share repurchase program000084
Maranello (Italy), March 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) communicates its intention to restart its multi-year share repurchase program announced on December 28, 2018 (the “Program”) with a fourth tranche of up to Euro 150 million to start on March 12, 2021 (“Fourth Tranche”) and to end no later than… Continue reading @Ferrari: Ferrari share repurchase program000084
Alfa Romeo and Lancia brands to enjoy stronger investments under Stellantis: Elkann
By Reuters Staff 2 Min Read FILE PHOTO: Logos of Fiat and Alfa Romeo are seen outside a car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman MILAN (Reuters) – Former Fiat Chrysler premium car brands Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, the new… Continue reading Alfa Romeo and Lancia brands to enjoy stronger investments under Stellantis: Elkann
@FCA: 2022 Wagoneer and Grand Wagoneer Reborn as the New Standard of Sophistication, Authenticity and Modern Mobility
March 11, 2021 , Auburn Hills, Mich. – The all-new 2022 Wagoneer and Grand Wagoneer mark the rebirth of a premium American icon, with legendary capability courtesy of three available 4×4 systems, exceptional driving dynamics, powerful performance, including best-in-class towing capability of up to 10,000 lbs., advanced technology, safety and a new level of comfort for… Continue reading @FCA: 2022 Wagoneer and Grand Wagoneer Reborn as the New Standard of Sophistication, Authenticity and Modern Mobility
Bill Ford: ‘Our Family Name Is on the Line Every Day’ – The New York Times
With the coronavirus rapidly disrupting American life in mid-March and organized labor pressuring carmakers to ensure worker safety, Bill Ford reached out to the competition. Mr. Ford, the chairman of the Ford Motor Company, brokered a conference call with the leaders of General Motors, Fiat Chrysler, the United Auto Workers and key Michigan politicians. The… Continue reading Bill Ford: ‘Our Family Name Is on the Line Every Day’ – The New York Times
@Groupe PSA: PR Distribution of Faurecia shares and cash has become unconditional001351
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that the previously announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being the… Continue reading @Groupe PSA: PR Distribution of Faurecia shares and cash has become unconditional001351
@FCA: Powerful MC20 on snow The MC20 has never previously been seen unleashing its power on low-grip surfaces.
Powerful MC20 on snow Modena, 10 March 2021 – The MC20 has never previously been seen unleashing its power on low-grip surfaces. The new Maserati super sports car is currently engaged in a series of reliability tests (on road and track, in various driving conditions) and intensive cold-weather trials on the snow-covered roads of the… Continue reading @FCA: Powerful MC20 on snow The MC20 has never previously been seen unleashing its power on low-grip surfaces.