Tag: FCA

@Groupe PSA: 2020 Combined General Meeting of shareholders

Combined General Meeting of shareholders on June 25, 2020 The Annual General Meeting of Peugeot S.A. shareholders was held on Thursday, June 25, under the chairmanship of Louis Gallois, without the physical presence of the shareholders. The shareholders adopted all of the proposed resolutions, especially: Approval of the Company and consolidated financial statements for the… Continue reading @Groupe PSA: 2020 Combined General Meeting of shareholders

Trade unions: “CNH Industrial does not fail in commitments”

In the meeting held today at the Ministry of Economic Development, CNH Industrial illustrated the industrial situation and explained at what point is the application of the group framework agreement of 10 March 2020. The actions decided for Pregnana, which unfortunately will cease production next year (and on which a regional discussion is underway) for… Continue reading Trade unions: “CNH Industrial does not fail in commitments”

@FCA: FCA enters into €6.3 billion credit facility with Intesa Sanpaolo, supporting the restart and transformation of Italy’s automotive sector

FCA enters into €6.3 billion credit facility with Intesa Sanpaolo, supporting the restart and transformation of Italy’s automotive sectorFCA Italian companies confirm commitment to implement extensive investment plan for Italy, most of which has already been initiated. New initiatives include development of the new hybrid engine module at Termoli, which will equip the Jeep Renegade, Jeep… Continue reading @FCA: FCA enters into €6.3 billion credit facility with Intesa Sanpaolo, supporting the restart and transformation of Italy’s automotive sector

Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

ROME (Reuters) – Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler’s (FCA) (FCHA.MI) Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker. FILE PHOTO: A new Fiat 500 electric car is displayed at a Fiat… Continue reading Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

@FCA: FCA Surges in J.D. Power Initial Quality Study

June 24, 2020 , Auburn Hills, Mich. – Dodge has made history with its performance in the 2020 J.D. Power Initial Quality Study (IQS). Dodge tied for the top spot among 31 competitors, becoming the first domestic brand ever to achieve a No. 1 ranking in the prestigious study’s 34-year run. FCA’s performance brand leaped seven places… Continue reading @FCA: FCA Surges in J.D. Power Initial Quality Study

@FCA: Chrysler Brand Practices Social Distancing in New Campaign for Chrysler Pacifica Starring Actress Kathryn Hahn

June 23, 2020 , Auburn Hills, Mich. – Chrysler brand and actress Kathryn Hahn join forces once again for the Chrysler Pacifica in a new “Pacifica Mom on Quarantine” social video campaign. In the campaign, Hahn (“Bad Moms,” “We’re The Millers”) uses the Chrysler Pacifica as her home away from home (when you can’t go anywhere… Continue reading @FCA: Chrysler Brand Practices Social Distancing in New Campaign for Chrysler Pacifica Starring Actress Kathryn Hahn

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Jaguar’s Radical Idea To Combat Slow-Selling XE And XF – CarBuzz

This proposal is receiving serious consideration. Jaguar has some big decisions to make in the coming year or so. Despite the fact Jaguar Land Rover recently received a financial lifeline, it’s not out of the woods yet. On the plus side, Land Rover remains solid with both sales and demand. But as a whole, JLR… Continue reading Jaguar’s Radical Idea To Combat Slow-Selling XE And XF – CarBuzz

BMW, Mercedes Benz end ‘long term’ automated driving alliance, for now

BMW Group and Mercedes-Benz AG have punted on what was meant to be a long term collaboration to develop next-generation automated driving technology together, less than a year after announcing the agreement. The German automakers called the break up “mutual and amicable” and have each agreed to concentrate on their existing development paths. Those new… Continue reading BMW, Mercedes Benz end ‘long term’ automated driving alliance, for now