Tag: FCA

Jeep to build sub-Renegade SUV – Motor Authority

Jeep will add an SUV positioned below its compact Renegade, revealed Marco Pigozzi, the brand’s European head of marketing. In an interview with Auto Express published on Thursday, Pigozzi said the vehicle will stretch just over 13 feet in length but won’t compromise Jeep’s reputation for off-road capability. In comparison, the Renegade stretches close to… Continue reading Jeep to build sub-Renegade SUV – Motor Authority

UPDATE 1-PSA calls supervisory board meeting for Tuesday for possible FCA deal review – sources

FILE PHOTO: The logo of PSA Peugeot Citroen is seen at the company’s plant in Poissy, near Paris, October 31, 2019. REUTERS/Charles Platiau PARIS (Reuters) – French carmaker PSA (PEUP.PA) could discuss a merger deal with rival Fiat Chrysler (FCHA.MI) at a meeting of its supervisory board it has called for Tuesday, two sources familiar… Continue reading UPDATE 1-PSA calls supervisory board meeting for Tuesday for possible FCA deal review – sources

Ferrari N.V. signs a new syndicated revolving credit facility

Maranello (Italy), 12 December 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that it has signed on 11 December a Euro 350 million unsecured committed revolving credit facility, intended for general corporate and working capital purposes (the “New RCF”).The New RCF, entered into with a group of twelve banks, has a five-year… Continue reading Ferrari N.V. signs a new syndicated revolving credit facility

Ferrari CEO expects fully-electric car after 2025

MARANELLO: Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said.Ferrari has previously said a fully electric vehicle would be launched after the current industrial plan ends in 2022. Analysts have said they do not expect it before 2023. a { color: #000;… Continue reading Ferrari CEO expects fully-electric car after 2025

Ferrari CEO does not expect fully-electric model until after 2025

MARANELLO, Italy (Reuters) – Ferrari won’t have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back expectations. The Ferrari logo is pictured as Ferrari Roma is unveiled during its first world presentation in Rome, Italy, November 14, 2019. REUTERS/Guglielmo Mangiapane The… Continue reading Ferrari CEO does not expect fully-electric model until after 2025

@FCA: FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

December 12, 2019 , Auburn Hills, Mich. – FCA is leveraging its technological, engineering and management talent by establishing a streamlined product development organization with central leadership and a global footprint. The new organization will be led by FCA’s Chief Technical Officer Harald Wester. “The industry has never experienced technological change at the pace we are… Continue reading @FCA: FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

Press Releases – Michael Manley of FCA elected ACEA President for 2020

Brussels, 12 December 2019 – The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Michael Manley, CEO of Fiat Chrysler Automobiles (FCA), as its new President. As of January 2020, Mr Manley will take over from Carlos Tavares, Chairman of the Managing Board of PSA Group, who served as ACEA President… Continue reading Press Releases – Michael Manley of FCA elected ACEA President for 2020

FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

AUBURN HILLS, Mich., Dec. 12, 2019 /PRNewswire/ — Establishes unified product development organization sustained by three strategic activities – core engineering competencies responsible for addressing key technology opportunities; transversal program management and execution; and support for program delivery and management of decoupled activities Streamlined organization to enable optimal workload balancing Better positions FCA to continue… Continue reading FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation