Tag: FCA

@Groupe PSA: PR Shareholders agree 6-month lock-up on Faurecia shares000271

IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation… Continue reading @Groupe PSA: PR Shareholders agree 6-month lock-up on Faurecia shares000271

Dealers warned to take seriously the FCA rules on commission

MotoNovo Finance has warned dealers to take seriously the new FCA rules on motor finance that come into effect in January. MotoNovo Finance deputy CEO Karl Werner said there was no place for ‘body swerves or gamification’ that might replicate the soon to be banned dealer discretion on commission rates. All discretionary commission models for… Continue reading Dealers warned to take seriously the FCA rules on commission

@Ferrari: Ferrari Portofino M: a voyage of rediscovery

Latest evolution of Prancing Horse 2+ GT spider unveiled The Portofino M bursts with innovations that enhance its superbversatility and the pleasure of en plein air driving  Notable new features include a 620 cv V8 turbo,5-position Manettino with Race mode and a new 8-speed gearbox Maranello, 16 September 2020–The Ferrari Portofino M, the evolution of… Continue reading @Ferrari: Ferrari Portofino M: a voyage of rediscovery

PSA-FCA: why the Peugeot did not try to rebalance the “deal”

Posted on Sep 16, 2020 at 6:45 am But why have the major shareholders of PSA not sought to push their advantage? Number of observers would have deemed legitimate a renegotiation of the terms of the merger with FCA, and the financial markets have long expected this, given the financial development of the two fiancés… Continue reading PSA-FCA: why the Peugeot did not try to rebalance the “deal”

Europa Press: Luca de Meo ‘fishes’ now at Citroën and hires Arnaud Belloni for the Marketing and Sales area000371

BOULOGNE-BILLANCOURT (FRANCE), Sep 15 (EUROPA PRESS) – The French automotive group Renault has hired Arnaud Belloni, who has served as Citroën’s Senior Vice President of Global Marketing, Communication and Sport since 2015, as a new member of the company’s Sales and Marketing team. As reported by Renault in a statement, Belloni will join the diamond… Continue reading Europa Press: Luca de Meo ‘fishes’ now at Citroën and hires Arnaud Belloni for the Marketing and Sales area000371

@Groupe PSA: PR FCA and Groupe PSA Amend Their Combination Agreement to Further Strengthen Stellantis’ Opening Capital Structure000256

VÉLIZY-VILLACOUBLAY, France & LONDON–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an… Continue reading @Groupe PSA: PR FCA and Groupe PSA Amend Their Combination Agreement to Further Strengthen Stellantis’ Opening Capital Structure000256

@Groupe PSA: PR FCA and Groupe PSA amend their Combination Agreement to further strengthen Stellantis’ opening capital structure000256

  IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an… Continue reading @Groupe PSA: PR FCA and Groupe PSA amend their Combination Agreement to further strengthen Stellantis’ opening capital structure000256

@niche: Praga Cars and VR Motorsport celebrate clean sweep of honours at Oulton Park Britcar Endurance race000086

Praga Cars and VR Motorsport continued their successful season in the 2020 Britcar Endurance with another pole-setting and race-winning performance at Oulton Park, Saturday 12th September. Jack Fabby and partner Garry Townsend took the chequered flag after a near faultless hour-long race to secure the team’s 4th win in five races following two wins at… Continue reading @niche: Praga Cars and VR Motorsport celebrate clean sweep of honours at Oulton Park Britcar Endurance race000086

McLaren considers sale of global headquarters to raise cash

Luxury sports-car maker McLaren Automotive is considering a sale of its global headquarters as part of a refinancing strategy the company announced earlier this year. The U.K. company has also appointed banks to advise on a debt restructuring and equity raise to buttress its balance sheet, it said in a statement Thursday. The company has… Continue reading McLaren considers sale of global headquarters to raise cash