The American automaker ford tries to avoid the impending CO2 penalties in Europe through an alliance with the Swedish competitor Volvo. The companies registered their alliance with the European Union on Thursday. Ford will meet the stricter rules for CO2 emissions that have been in effect since this year together with Volvo, according to company… Continue reading German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
Tag: FCA
German Manager Magazin: Ford: Pickup hype makes for profit000288
The second largest US automakerfordhas increased profit significantly in the third quarter. The bottom line was that the group earned 2.4 billion dollars (2 billion euros) in the three months to the end of September after 400 million in the same period last year. Sales rose 1 percent to $ 37.5 billion, Ford announced on… Continue reading German Manager Magazin: Ford: Pickup hype makes for profit000288
German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
Before the crucial phase of the merger with Fiat Chrysler can he OpelParent companyPPEhave a robust business and full order books. In the third quarter, sales in the auto division rose by 1.2 percent to almost twelve billion euros. One reason is that the French group again sold more profitable vehicles such as SUVs and… Continue reading German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288
FCA expects to pay $259M in criminal settlement over alleged diesel emissions cheating
Fiat Chrysler Automobiles NV disclosed the probable loss for a federal criminal settlement over allegations of cheating on diesel emissions tests to be almost $259 million. The notice was made in the company’s third-quarter financial filing with the U.S. Securities & Exchange Commission after the Italian American automaker this week shared record financial results. An FCA spokesman declined to comment on… Continue reading FCA expects to pay $259M in criminal settlement over alleged diesel emissions cheating
@FCA: Alfa Romeo Extends Partnership With Sauber Motorsport for 2021 Formula One Season
October 29, 2020 , Auburn Hills, Mich. – Alfa Romeo and Sauber Motorsport will join forces, once again, for the Formula One World Championship. The partnership between two of the most recognized brands in motorsports started in 2018, when Alfa Romeo joined the team as title sponsor. The past two years the team has scored hard-earned… Continue reading @FCA: Alfa Romeo Extends Partnership With Sauber Motorsport for 2021 Formula One Season
Fiat Chrysler CEO says Ram will offer electric pickup
Get ready for an electric Ram pickup. Fiat Chrysler Automobiles CEO Mike Manley confirmed on Wednesday that Ram will join the rush to produce an electric truck, an area that promises robust competition with Ford, General Motors, Tesla, Rivian and Lordstown Motors already planning to launch their own models. Manley didn’t provide any details, but… Continue reading Fiat Chrysler CEO says Ram will offer electric pickup
@FCA: FCA: 2020 Third Quarter Results
FCA: 2020 Third Quarter Results Go to Source
@Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530
Peugeot S.A. (“Groupe PSA”) launches today the sale of 9,663,000 Faurecia shares, representing approximately 7% of Faurecia’s share capital, further to the press release published by Groupe PSA earlier today relating to the merger process between Fiat Chrysler Automobiles N.V. (“FCA”) and Groupe PSA. The transaction will be conducted via an institutional private placement by way… Continue reading @Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530
@Groupe PSA: PR FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribu…000529
AVIS IMPORTANT En lisant cette communication, vous acceptez de fait d’être lié par les limitations et qualifications suivantes: Cette communication n’est donnée qu’à titre informatif et ne constitue ni une offre, ni une invitation à échanger ou à vendre, ni à solliciter une offre de souscription ou d’achat, ni une invitation à échanger, acheter… Continue reading @Groupe PSA: PR FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribu…000529
@FCA: FCA N.V. Q3 2020 Results
Following is a summary of the “FCA N.V. Q3 2020 RESULTS” press release.A PDF of the complete press release is attached to this email.The document is also available in the media section of the FCA corporate website:https://www.fcagroup.com/it-it/pages/home.aspxFCA reports record Group and North America results, with third quarter Adjusted EBIT of €2.3 billion and €2.5 billion… Continue reading @FCA: FCA N.V. Q3 2020 Results