Tag: FCA

Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims

By David Shepardson 3 Min Read WASHINGTON (Reuters) – Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. FILE PHOTO: The logo of German carmaker Volkswagen is… Continue reading Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims

In latest leadership shakeup, Ford announces new head of design

Ford Motor Co. said Monday that its global design lead will retire, to be replaced by an automotive industry veteran who most recently worked for French automaker Groupe Renault SA. Moray Callum, whom the Blue Oval described in a news release as one of the industry’s “most influential design leaders,” will retire as the company’s… Continue reading In latest leadership shakeup, Ford announces new head of design

@Groupe PSA: PR Signing of the agreements to create a major European player in e-Mobility001082

Paris – Turin, January 26, 2021 – FCA Italy S.p.A., wholly owned subsidiary of Stellantis N.V. (STLA:EN), and Engie EPS (EPS:EN) announce the signing of the full set of agreements, including the investment and shareholders’ agreement1, to create a Joint Venture in the e-Mobility sector. These agreements have been executed in furtherance of the Memorandum… Continue reading @Groupe PSA: PR Signing of the agreements to create a major European player in e-Mobility001082

Europa Wire: Stellantis N.V. subsidiary FCA Italy and Engie EPS form e-Mobility joint venture000057

Stellantis N.V. subsidiary FCA Italy and Engie EPS form e-Mobility joint venture (PRESS RELEASE) PARIS/ TURIN, 26-Jan-2021 — /EuropaWire/ — Stellantis N.V. (STLA:EN) announces that its wholly owned subsidiary FCA Italy S.p.A. has signed an agreement with Engie EPS (EPS:EN) to create a Joint Venture in the e-Mobility sector. These agreements, including the investment and… Continue reading Europa Wire: Stellantis N.V. subsidiary FCA Italy and Engie EPS form e-Mobility joint venture000057

EU-UK trade deal: EU automobile manufacturers react

Brussels, 24 December 2020 – The European Automobile Manufacturers’ Association (ACEA) welcomes the deal struck today between the European Union and the United Kingdom on their future trading relations. This agreement is a great relief for European automobile manufacturers, allowing the sector to avoid the catastrophic effect of a no-deal Brexit. “There is no other… Continue reading EU-UK trade deal: EU automobile manufacturers react

@Ford: Influential Ford Global Design Head Moray Callum to Retire, Will Be Replaced by Anthony Lo, Formerly of Renault

DEARBORN, Mich., Jan. 25, 2021 – One of the auto industry’s most influential design leaders will retire from Ford Motor Company this spring and be succeeded by an accomplished global industry veteran. Moray Callum will cap his 38-year product development career – more than half of which was with Ford – as the company’s vice… Continue reading @Ford: Influential Ford Global Design Head Moray Callum to Retire, Will Be Replaced by Anthony Lo, Formerly of Renault

@FCA: Stellantis convenes EGM to approve distribution of Faurecia shares and cash

Stellantis convenes EGMto approve distribution of Faurecia shares and cashAmsterdam, January 25, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the notice convening the Extraordinary General Meeting of Shareholders (“EGM”) in order to approve the distribution by Stellantis to the holders of its common shares… Continue reading @FCA: Stellantis convenes EGM to approve distribution of Faurecia shares and cash

BMW targets higher margins while investing in electric cars

By Christina Amann 3 Min Read MUNICH (Reuters) – BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle portfolio, its finance chief told Reuters. Slideshow ( 3 images ) Nicolas Peter said orders had… Continue reading BMW targets higher margins while investing in electric cars

German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143

Volkswagen misses emissions targets VW parking lot in Wolfsburg: The car company will only meet the EU emissions standards this year. (Photo: dpa) Düsseldorf The Volkswagen Group just missed the European fleet targets for carbon dioxide emissions. As the company announced on Thursday, the average value of all cars sold in Europe in the past… Continue reading German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143