Tag: FCA

Italy aims to generate over 1 billion euro investments for gigafactory, sources say

Rome’s plan is to set up a large public-private partnership (PPP) scheme with a stake held by Stellantis even though other options are also being considered, one of the sources said. By Stephen Jewkes, Giuseppe Fonte and Giulio Piovaccari New Delhi: Italy aims to spur total investments of more than one billion euros ($1.22 billion)… Continue reading Italy aims to generate over 1 billion euro investments for gigafactory, sources say

Eying deal, GM softens on tough standards for car pollution

Detroit — The nation’s largest automaker said Wednesday it can support greenhouse gas emissions limits that other car manufacturers negotiated with California – if they are achieved mostly by promoting sales of fully electric vehicles. It is a new stance for General Motors, which had supported the Trump administration’s efforts to end California’s ability to set… Continue reading Eying deal, GM softens on tough standards for car pollution

FERRARI APPOINTS BENEDETTO VIGNA AS CHIEF EXECUTIVE OFFICER

Maranello (Italy), 9 June 2021 – Ferrari N.V. (“Ferrari” or the “Company”) announces the appointment of Benedetto Vigna as its Chief Executive Officer. Mr. Vigna will join Ferrari on 1 September from STMicroelectronics (“ST”), where he is currently President of its Analog, MEMS (Micro-electromechanical Systems) and Sensors Group, ST’s largest and most profitable operating business… Continue reading FERRARI APPOINTS BENEDETTO VIGNA AS CHIEF EXECUTIVE OFFICER

Ferrari names top tech exec Benedetto Vigna as new CEO

Benedetto Vigna has 26 years of experience in the chip industry, having in 1995 founded ST Microelectronics’ microelectromechanical systems and sensors group division. Ferrari has appointed technology executive Benedetto Vigna its new CEO as the Italian company begins its move towards electrification.  Vigna, 51, is currently leading an executive role in the chip division of ST… Continue reading Ferrari names top tech exec Benedetto Vigna as new CEO

China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving

WUHAN, China, June 9, 2021 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that its wholly owned subsidiary, Hubei Henglong Automotive Systems Group Co. Ltd. (“Henglong”), purchased a 40% interest in the issued share capital of Sentient AB (“Sentient”),… Continue reading China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving

Dieselgate: Volkswagen indicted in France

After Renault Volkswagen’s turn comes. The German automobile giant by which the scandal of the “dieselgate” arose announced in turn that it had been indicted for “deception”, marking an acceleration of this long encysted file. According to a judicial source, quoted by AFP, Volkswagen was placed “under judicial supervision with the obligation to post a… Continue reading Dieselgate: Volkswagen indicted in France

@Ferrari: Ferrari appoints Benedetto Vigna as Chief Executive Officer000122

Maranello (Italy), 9 June 2021 – Ferrari N.V. (“Ferrari” or the “Company”) announces the appointment of Benedetto Vigna as its Chief Executive Officer. Mr. Vigna will join Ferrari on 1 September from STMicroelectronics (“ST”), where he is currently President of its Analog, MEMS (Micro-electromechanical Systems) and Sensors Group, ST’s largest and most profitable operating business… Continue reading @Ferrari: Ferrari appoints Benedetto Vigna as Chief Executive Officer000122

Leading crypto exchanges weigh India foray despite potential ban

Global digital currency exchanges are exploring ways to set up in India, following in the footsteps of market leader Binance, industry sources told Reuters, while the government in New Delhi dithers over introducing a law that could ban cryptocurrencies. Opponents of the potential ban say it would stifle the economic power of a tech-savvy, young… Continue reading Leading crypto exchanges weigh India foray despite potential ban

Rolls-Royce appoints Anita Frew and Mike Manley as Non-Executive Directors – DirectorsTalk Interviews

Rolls-Royce Holdings plc (LON:RR) has announced that it has appointed Anita Frew as a Non-Executive Director and Chair Designate. Anita will join the Board with effect from 1 July 2021 and will succeed Sir Ian Davis as Chair on 1 October 2021. Sir Ian will retire from the Board on 30 September 2021, after nearly… Continue reading Rolls-Royce appoints Anita Frew and Mike Manley as Non-Executive Directors – DirectorsTalk Interviews