FILE PHOTO: New Fiat 500 electric cars are displayed at a Fiat Chrysler event held to unveil its first electric model, in Milan, Italy, March 4, 2020. REUTERS/Flavio Lo Scalzo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) aims to restart operations at three Italian sites as soon as the government lifts coronavirus restrictions on manufacturing, a… Continue reading Fiat Chrysler to start three Italian sites immediately after lockdown ends: union
Tag: FCA
@FCA: FCA Canada Reports First-quarter 2020 Sales
April 2, 2020 , Windsor, Ontario – FCA Canada sales for the first quarter of 2020 were 44,140 vehicles compared with 54,336 for the same period a year earlier. The decline in first-quarter sales was largely attributed to the negative economic impact of the coronavirus in March and eroded an otherwise strong start in January and February.… Continue reading @FCA: FCA Canada Reports First-quarter 2020 Sales
Commercial Fleet Sales Drop in March
Commercial car sales were down 47.3% year-over-year during March at 4,962 units, while truck and SUV segment vehicle sales were down 13.7% at 60,173, according to Automotive Fleet data. Photos courtesy of Ford, GM, FCA, and Nissan. Commercial fleet sales from nine manufacturers totaled 65,135 in March 2020, representing an 17.7% year-over-year decrease. Total fleet… Continue reading Commercial Fleet Sales Drop in March
McLaren to put staff on furlough, F1 drivers take pay cut
LONDON (Reuters) – McLaren became the first Formula One team to furlough staff because of the coronavirus on Wednesday, with drivers Lando Norris and Carlos Sainz joining senior management in taking a pay cut. FILE PHOTO: Formula One F1 – Pre Season Testing – Circuit de Barcelona-Catalunya, Barcelona, Spain – February 21, 2020 McLaren’s Lando… Continue reading McLaren to put staff on furlough, F1 drivers take pay cut
Ford confirms coronavirus death of UAW worker at Michigan Assembly in Wayne
Ford Motor Company officials confirmed Tuesday night the death of a fourth UAW member diagnosed with COVID-19, this worker based at the Michigan Assembly Plant’s integrated stamping facility. “We are saddened to report that a fourth Ford team member who worked in southeast Michigan passed away after contracting COVID-19,” said company spokeswoman Kelli Felker in a statement.… Continue reading Ford confirms coronavirus death of UAW worker at Michigan Assembly in Wayne
@Ferrari: Ferrari N.V.: Termination of the third tranche of the disclosed multi-year share repurchase program
Maranello (Italy), 01 April 2020 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: Termination of the third tranche of the disclosed multi-year share repurchase program
@FCA: FCA Canada Announces “Drive Forward” Initiative, Offering Incentives and Support to Consumers
April 1, 2020 , Windsor, Ontario – In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA Canada is launching its “Drive Forward” campaign. Starting today, April 1, Chrysler, Dodge, Jeep®, Ram Truck and FIAT brands will offer well-qualified buyers no payments for up to 120 days on all… Continue reading @FCA: FCA Canada Announces “Drive Forward” Initiative, Offering Incentives and Support to Consumers
@FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers
April 1, 2020 , Auburn Hills, Mich. – In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA is launching its “Drive Forward” initiative. Starting today, April 1, Chrysler, Dodge, Jeep®, Ram Truck, FIAT and Alfa Romeo brands will offer 24/7 support and well-qualified buyers can get 0% financing… Continue reading @FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers
@FCA: FCA US Reports First-quarter 2020 Sales
April 1, 2020 , Auburn Hills, Mich. – FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March. “Our dealers have once again stepped up as pillars of the community as… Continue reading @FCA: FCA US Reports First-quarter 2020 Sales
Ford delays restarting production indefinitely
Ford Motor Co. on Tuesday said it will further delay restarting production at its North American plants as the COVID-19 outbreak continues to spread in the United States. The Dearborn automaker last week had shared its intentions to begin manufacturing again at Hermosillo Assembly in Mexico starting next Monday and at select U.S. plants, including… Continue reading Ford delays restarting production indefinitely