Tag: FCA

Stellantis sees rebound in 2021, but chip shortage a worry

MILAN (Reuters) – Low global car inventories and cost cuts should boost Stellantis’s profit margins this year, though a shortage of semiconductors and investments in electric vehicles could weigh on results, the newly-formed automaker said on Wednesday. FILE PHOTO: The logo of Stellantis is seen at the main entrance of the FCA Mirafiori plant in… Continue reading Stellantis sees rebound in 2021, but chip shortage a worry

@FCA: Stellantis Announces 2020 Profit-sharing Payment for UAW-represented Employees

March 3, 2021 , Auburn Hills, Mich. – As a result of FCA’s financial performance in 2020, Stellantis announced today that the eligible profit sharing amount of $8,010 will be paid to UAW-represented employees on March 15, 2021. Actual payments will be based on individual compensated hours. Approximately 43,000 employees are eligible to receive the payment. With… Continue reading @FCA: Stellantis Announces 2020 Profit-sharing Payment for UAW-represented Employees

Stellantis aims to lift Fiat Chrysler margins towards PSA levels

By Giulio Piovaccari 2 Min Read MILAN (Reuters) – Carmaker Stellantis, created by the merger of Peugeot-maker PSA and Fiat Chrysler (FCA), aims to lift profit margins this year towards the levels attained by its Chief Executive Carlos Tavares at PSA. Slideshow ( 2 images ) With 14 brands under one roof, including Fiat, Peugeot,… Continue reading Stellantis aims to lift Fiat Chrysler margins towards PSA levels

Daimler’s $49B issue: Settling Mercedes brand rights – Automotive News Europe

Daimler long argued it needed to keep the Mercedes brand under one roof when investors pressured the company to separate the trucks business. The growing technological divide between the car and commercial-vehicle industries forced management to rethink this. They plan to address the trademark rights issue before distributing a majority of the Daimler Truck unit… Continue reading Daimler’s $49B issue: Settling Mercedes brand rights – Automotive News Europe

Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year

India’s and Tata Motors’ Pratap Bose is among the top five finalists for the 2021 World Car Person of the Year award. The five names were announced today when 93 World Car Awards (WCA) jurors from 28 countries collectively voted for the finalists by secret ballot. KMPG tabulated the vote results. To be eligible, award… Continue reading Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year

@FCA: En febrero Stellantis reportó ventas de 5,176 unidades en México

2 de marzo de 2021 , Ciudad de México – Stellantis en México reportó en febrero ventas de 5,176 unidades. Alfa Romeo Alfa Romeo vendió 7 unidades. Chrysler Chrysler vendió 25 unidades, un crecimiento de 39% versus febrero de 2020. Dodge Dodge reportó en febrero ventas de 630 unidades. Dodge Attitude fue el vehículo con mayor… Continue reading @FCA: En febrero Stellantis reportó ventas de 5,176 unidades en México

Aston Martin: ‘We have the greatest iconic brand’

Aston Martin is set to unveil its first Formula 1 car in more than 60 years this week. The move into F1 is the keystone of a plan to revive the flagging fortunes of the UK carmaker and turn it into a sporting and commercial brand to rival Ferrari. It is the brainchild of Canadian… Continue reading Aston Martin: ‘We have the greatest iconic brand’