Tesla is shutting down a Model 3 production line at Fremont factory for 2 weeks amid an industry-wide microchip shortage. According to a new report from Bloomberg, Tesla has informed employees from a Model 3 production line at Fremont factory that their line is being shut down until March 7: “Workers on a Model 3… Continue reading Tesla shuts down Model 3 production line for 2 weeks amid chip shortage
Tag: FCA
@Groupe PSA: PR Full Year 2020 Results for FCA and Groupe PSA001260
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced on February 5, 2021 that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be released on Wednesday, March 3, 2021. A live webcast and conference… Continue reading @Groupe PSA: PR Full Year 2020 Results for FCA and Groupe PSA001260
@FCA: Full Year 2020 Results for FCA and Groupe PSA
Full Year 2020 Results for FCA and Groupe PSAAmsterdam, February 24, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced on February 5, 2021 that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be… Continue reading @FCA: Full Year 2020 Results for FCA and Groupe PSA
Stellantis, citing global demand, laying off 150 at Jeep Cherokee plant
The Belvidere (Illinois) Assembly Plant, where the Jeep Cherokee SUV is made, is laying off 150 workers. Stellantis, the parent company of Jeep since the merger of Fiat Chrysler Automobiles and Peugeot maker PSA Group, confirmed the news Tuesday. “The Stellantis plant in Belvidere, Illinois, is rebalancing its staffing levels as it realigns production to meet… Continue reading Stellantis, citing global demand, laying off 150 at Jeep Cherokee plant
Briggs Automotive Company Continues U.S. Expansion Into Michigan
BIRMINGHAM, Mich., Feb. 23, 2021 /PRNewswire/ — Briggs Automotive Company (BAC) is continuing its global expansion and today announced the launch of BAC Michigan, signing an agreement with luxury automotive dealership Platinum Motorcars Detroit (PMC) to bring its Mono supercar to the Midwest. Based in Birmingham, Michigan, just north of Detroit, Platinum Motorcars offers premium… Continue reading Briggs Automotive Company Continues U.S. Expansion Into Michigan
Ferrari and Richard Mille Sign a Partnership Contract
Maranello (Italy), 22 February 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari”) announces that Ferrari and Richard Mille have signed a multi-year partnership agreement, which will see the Haute Horlogerie brand become sponsor and licensee for the Prancing Horse.As Scuderia Ferrari Mission Winnow’s Team Partner and Official Watch, starting from the next F1 Season the Swiss… Continue reading Ferrari and Richard Mille Sign a Partnership Contract
Baidu-Geely EV venture names Mobike co-founder as chief
By Reuters Staff 1 Min Read Slideshow ( 2 images ) BEIJING/SHANGHAI (Reuters) – China’s Baidu Inc and automaker Geely hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture, the search engine giant said on Monday. Baidu last month had announced it would set up… Continue reading Baidu-Geely EV venture names Mobike co-founder as chief
Apple supplier Foxconn’s EV platform to make debut this year
NEW TAIPEI CITY, Taiwan — Key iPhone assembler Foxconn says the first electric vehicles built using the company’s open software and hardware platform will be released by the end of this year. “This year will mark a significant year for Foxconn’s EV efforts. There will be two to three EV models using our MIH platform’s… Continue reading Apple supplier Foxconn’s EV platform to make debut this year
Renault flags difficult year after record $9.7 billion loss
By Reuters Staff 4 Min Read PARIS (Reuters) – Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021 as a shortage of electronic chips added to uncertainties, after the COVID-19 pandemic dragged the French carmaker to an 8 billion euro loss last year. FILE PHOTO: A logo of Renault carmaker is pictured… Continue reading Renault flags difficult year after record $9.7 billion loss
All Stellantis brands will get a chance; China options open, CEO says – Automotive News Europe
Tavares also said he had created a task force to find out “what went wrong” for Fiat Chrysler and PSA in China, where each company has had weak sales. The task force, consisting of Stellantis’ top five executives, is tasked with finding solutions for a comeback in world’s largest market, Tavares said. When asked if… Continue reading All Stellantis brands will get a chance; China options open, CEO says – Automotive News Europe