Tag: FCA

Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry

Brussels, 16 April 2020 – As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association (ACEA) has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent. “It is in Europe’s interest… Continue reading Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry

FCA Releases 2019 Sustainability Report Highlighting Environmental, Social and Economic Initiatives

FCA works to manage the societal and environmental impacts of its activities and products and to develop innovative solutions to reduce its total environmental footprint. The Company embraces its operational responsibility to contribute to the relevant Sustainable Development Goals (SDGs) supporting the United Nations 2030 Agenda. In 2019, the Company further reduced its environmental footprint… Continue reading FCA Releases 2019 Sustainability Report Highlighting Environmental, Social and Economic Initiatives

Car dealers reinvent car-buying in the coronavirus era

Forget about fancy showrooms and free doughnuts. Car buyers now must take delivery of their new ride at home, at work or, sometimes, sitting near a dealership parking lot at a makeshift office. “We’re trying to be sensitive to what’s going on and yet facilitate a transaction in a safe and respectful manner,” said Paul Zimmermann, partner… Continue reading Car dealers reinvent car-buying in the coronavirus era

Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production

Brussels, 15 April 2020 – CLEPA (the European Automotive Suppliers’ Association) and ACEA (the European Automobile Manufacturers’ Association) have jointly adopted a ‘Code of Business Conduct in view of COVID-19’ to support a rapid and smooth restart of the automotive industry. The automotive eco-system resembles an intricate clockwork and today’s unprecedented standstill of operations risks… Continue reading Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production

Auto parts maker Marelli, unions agree measures to enable return to work

MILAN (Reuters) – Auto parts maker Marelli and unions agreed on Wednesday on a package of health and security measures to allow the company to gradually resume its Italian operations when Rome eases lockdown restrictions, they said in separate statements. The Italian government last week extended until May 3 nationwide limits on movements and manufacturing… Continue reading Auto parts maker Marelli, unions agree measures to enable return to work

Ford considers production restart, expects $600 million Q1 earnings loss

Ford Motor Co. is “considering a scenario” to restart its manufacturing plants as early as next month even as it expects to post a $600 million adjusted earnings loss for the first quarter. First-quarter financial results are set to be released April 28. The Dearborn automaker says it has enough cash on hand to  make it through at least… Continue reading Ford considers production restart, expects $600 million Q1 earnings loss

Fiat Chrysler bolsters cash with $3.8 billion syndicated credit

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 (FCHA.MI) said on Tuesday it had successfully completed the syndication of a 3.5 billion euro ($3.8 billion)credit facility which it had agreed last month with two… Continue reading Fiat Chrysler bolsters cash with $3.8 billion syndicated credit

@Hyundai: The Mighty All-New 2021 Elantra

The Mighty All-New 2021 Elantra – Hyundai Motor Group TECH We use cookies to improve our site and your experience. By using this site, you agree to our TERMS OF USE Close Hyundai’s All-new 2021 Elantra has changed not only its design but also – everything else. The fresh esthetic was completed through unconventional lines… Continue reading @Hyundai: The Mighty All-New 2021 Elantra