Billionaire Chamath Palihapitiya says Tesla is still undervalued as people continue to misunderstand its ‘fundamentally disruptive’ technology

FILE PHOTO: Chamath Palihapitiya, Founder and CEO of Social Capital, presents during the 2018 Sohn Investment Conference in New York Brendan McDermid/Reuters Billionaire investor Chamath Palihapitiya said Tesla is “generally misvalued” as people misunderstand its business model and “fundamentally disruptive” technology.  The Social Capital CEO said Tesla is “no longer about the car business” but… Continue reading Billionaire Chamath Palihapitiya says Tesla is still undervalued as people continue to misunderstand its ‘fundamentally disruptive’ technology

@Ferrari: The voyage of rediscovery of the Ferrari Portofino M begins

Evolution of the spider GT 2+ from Ferrarimakes its debut in the same town where it was presented in 2017 Maranello, 1 October 2020 – The voyage of (re)discovery of the Ferrari Portofino M begins today. The new model represents a significant evolution of the Ferrari Portofino with a more powerful engine and the journey… Continue reading @Ferrari: The voyage of rediscovery of the Ferrari Portofino M begins

@FCA: FCA Canada Reports Q3 2020 Sales Results

October 1, 2020 , Windsor, Ontario – FCA Canada today reported third-quarter 2020 sales of 54,399 vehicles, a decrease of 11 per cent from 60,928 sold in Q3 2019. “Every month in the third quarter showed improved recovery, with September recording retail growth versus 2019,” said David Buckingham, President and CEO, FCA Canada. A notable mention… Continue reading @FCA: FCA Canada Reports Q3 2020 Sales Results

@FCA: En Septiembre FCA México reportó ventas de 4,034 unidades

1 de octubre de 2020 , Ciudad de México – FCA México reportó en septiembre ventas de 4,034 unidades. Por décimo quinto mes consecutivo RAM continúa como nuestra marca con mayor número en ventas. “El mes pasado la marca Jeep, sinónimo de 4×4, libertad al aire libre e infinidad de posibilidades de aventura, presentó la Edición Especial… Continue reading @FCA: En Septiembre FCA México reportó ventas de 4,034 unidades

FCA Reports Third-quarter 2020 U.S. Sales

FCA US LLC sold 507,351 vehicles in the third quarter – a 10 percent decrease over the same time period a year earlier – as strong retail sales offset much of the ongoing softness in fleet purchases. The Ram brand remained a powerhouse for dealers as retail sales for the iconic pickup trucks rose 15… Continue reading FCA Reports Third-quarter 2020 U.S. Sales

@FCA: FCA Reports Third-quarter 2020 U.S. Sales

October 1, 2020 , Auburn Hills, Mich. – FCA US LLC sold 507,351 vehicles in the third quarter – a 10 percent decrease over the same time period a year earlier – as strong retail sales offset much of the ongoing softness in fleet purchases. The Ram brand remained a powerhouse for dealers as retail sales… Continue reading @FCA: FCA Reports Third-quarter 2020 U.S. Sales

@FCA: FCA US anuncia las ventas del tercer trimestre de 2020

1 de octubre de 2020 , Auburn Hills, Mich. – FCA US LLC vendió 507,351 unidades en el tercer trimestre, una disminución del 10 por ciento con respecto al mismo período del año anterior, con las fuertes ventas al por menor que compensaron gran parte de la actual debilidad en las compras al por mayor. La… Continue reading @FCA: FCA US anuncia las ventas del tercer trimestre de 2020

FCA CEO Mike Manley will not be on Stellantis board after merger with PSA

Fiat Chrysler Automobiles NV and merger partner Groupe PSA on Tuesday named the 11 members to their combined board as Stellantis, and FCA CEO Mike Manley was not among them. Despite the merger’s 50-50 stock split, Paris-based PSA is naming six of the board members compared to FCA’s five. All are subject to shareholder approval. Only two current… Continue reading FCA CEO Mike Manley will not be on Stellantis board after merger with PSA