FCA has to strengthen investments in Italy to seek state-backed loan: Economy Minister

FILE PHOTO: Italy’s Minister of Finance Roberto Gualtieri attends a one day Italo-Franco summit in Naples, Italy February 27, 2020. REUTERS/Ciro De Luca/File Photo ROME (Reuters) – Italy’s Economy Minister Roberto Gualtieri on Monday said Fiat Chrysler [FCHA.MI] has to strengthen investments in Italy and avoid delocalizing its factories outside the national borders to apply… Continue reading FCA has to strengthen investments in Italy to seek state-backed loan: Economy Minister

@FCA: FCA Statement on Restart of U.S. Manufacturing Facilities

FCA Statement on Restart of U.S. Manufacturing Facilities May 18, 2020 , Auburn Hills, Mich. – After welcoming back nearly 12,000 employees to our U.S. manufacturing facilities today, we successfully resumed production of our award-winning vehicles under a comprehensive, multi-layered program of health and safety measures designed with the single purpose of safeguarding employees. We were pleased… Continue reading @FCA: FCA Statement on Restart of U.S. Manufacturing Facilities

@FCA: Alfa Romeo USA Announces 110th Anniversary Heritage Content Package

May 18, 2020 , Auburn Hills, Mich. – In preparation of Alfa Romeo’s 110th anniversary, to be officially celebrated on June 24, 2020, the brand is launching a comprehensive heritage package that highlights key moments in its illustrious history. Headlining the heritage package is an interactive e-book, which spans from the brand’s very beginning in 1910,… Continue reading @FCA: Alfa Romeo USA Announces 110th Anniversary Heritage Content Package

Dyson finally unveils its cancelled electric car – Autoblog

Having famously killed off its electric car project back in October, Dyson’s automobile remained a mystery to most, with insiders telling Engadget that only a handful of engineers had seen a working prototype somewhere in Wiltshire. But yesterday, the company chose to finally show off its scrapped electric car for an interview about Sir James… Continue reading Dyson finally unveils its cancelled electric car – Autoblog

@FCA: FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy

FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy·FCA Italy has initiated a process with the Italian Government to obtain a guarantee from SACE in support of a credit facility designed to help the automotive chain Italy, comprised of approximately 10,000… Continue reading @FCA: FCA Italy working on activation of credit facility, as provided under the recent Italian Liquidity Decree, to further support automotive sector in Italy

@Groupe PSA: Press Release: FCA Group and Groupe PSA

Rueil-Malmaison and London, 13 May 2020 The board of directors of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA)  and the managing board of Peugeot S.A. (“Groupe PSA”) each today decided not to distribute an ordinary dividend in 2020 related to fiscal year 2019, in light of the impact from the current COVID-19… Continue reading @Groupe PSA: Press Release: FCA Group and Groupe PSA

Henry Ford III is rising to the top of a dynasty facing crisis – Automotive News Europe

When Wall Street analysts call Ford Motor’s investor relations department these days, they are likely to be greeted by Henry Ford himself. It’s not the founder, of course, and it’s not a recording of him either. It’s Henry Ford III, the patriarch’s great-great grandson, who at age 39 has been thrust into the crucial role… Continue reading Henry Ford III is rising to the top of a dynasty facing crisis – Automotive News Europe

Press Releases – Personal data: Connected vehicles not the same as smartphones, says auto industry

Brussels, 15 May 2020 – The European Automobile Manufacturers’ Association (ACEA) welcomes the publication of guidelines on personal data relating to connected vehicles, drafted by the European Data Protection Board (EDPB), but believes they are too broad in scope and should not be rushed through. “The automobile industry is committed to providing its customers with… Continue reading Press Releases – Personal data: Connected vehicles not the same as smartphones, says auto industry

Ferrari says first EV will pioneer new technology

The first electric Ferrari, which is tipped to arrive after 2025, will utilise new technology to ensure it can deliver on the brand’s heritage, commercial boss Enrico Galliera has said. The Italian firm has yet to confirm any plans or a timeline for its first EV, although leaked patents earlier this year hint that it’s… Continue reading Ferrari says first EV will pioneer new technology

Pandemic leaves McLaren exploring funding options

LONDON (Reuters) – McLaren is looking into various funding options to help the sportscar maker and Formula One team owner negotiate the coronavirus pandemic, a spokesman said on Thursday. FILE PHOTO: The McLaren logo is seen on the McLaren 765LT at its launch at the McLaren headquarters in Woking, Britain, March 3, 2020. REUTERS/Peter Nicholls… Continue reading Pandemic leaves McLaren exploring funding options